What Is Internet Computer (ICP)? All You Need To Know Key Takeaways What Is Internet Computer (ICP)? The Internet Computer (ICP) is an ambitious project that will revolutionize how the Internet works. The project’s protocols ...
https://usethebitcoin.com/what....-is-internet-compute

Initia Testnet Airdrop Guide (Potential Airdrop) Key Takeaways What Is The Initia Testnet? The Initia Testnet, also called “The Initiation,” is an incentivized public testnet launched on May 15th, 2024, and ...
https://usethebitcoin.com/init....ia-testnet-airdrop-g

Bitcoin Price Dips Yet Stays Positive: Market Sentiment Remains Upbeat Bitcoin price extended its increase above the $67,500 resistance. BTC tested the $68,000 resistance and is currently correcting gains. Bitcoin started a downside correction after it climbed toward the $68,000 resistance zone. The price is trading below $67,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $65,900. Bitcoin Price Starts Downside Correction Bitcoin price remained stable above the $66,500 level. BTC extended its increase above the $67,200 and $67,500 resistance levels. It traded to a new weekly high at $67,984 and recently started a downside correction. There was a move below the $67,000 support zone. Besides, there was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair. The pair even dipped below the $66,500 support zone. Bitcoin price is now trading below $67,000 and the 100 hourly Simple moving average. A low was formed at $65,922 and the price is now attempting a fresh increase. There was a move above the $66,200 level. The price climbed above the 23.6% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The price is now facing resistance near the $66,500 level and the 100 hourly Simple moving average. The first major resistance could be $66,950. It is near the 50% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The next key resistance could be $67,500. A clear move above the $67,500 resistance might send the price higher. In the stated case, the price could rise and test the $68,000 resistance. If the bulls remain in action, the price could rise toward the $68,800 resistance zone. Any more gains might send BTC toward the $70,000 barrier. Another Decline In BTC? If Bitcoin fails to climb above the $66,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level and the trend line. The first major support is $65,500. The main support is now forming near $64,500. Any more losses might send the price toward the $63,150 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $65,900, followed by $65,500. Major Resistance Levels – $66,500, $67,000, and $67,500.
https://www.newsbtc.com/analys....is/btc/bitcoin-price

Ethereum Price Dips: Bulls To Scoop Up the Opportunity? Ethereum price started a downside correction from the $3,150 zone. ETH is holding gains and might start another increase from the $3,000 support. Ethereum started a downside correction after the bears defended $3,150. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $3,000 support. Ethereum Price Holds Ground Ethereum price gained pace after it settled above the $3,000 level, like Bitcoin. ETH even cleared the $3,050 level before the bears appeared near $3,150. A new weekly high was formed at $3,144 and the price recently started a downside correction. There was a move below the $3,100 level. Ether dipped below the 23.6% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high. Ethereum is now trading above $3,000 and the 100-hourly Simple Moving Average. The bulls are active near the $3,065 support and they are protecting the 50% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high. Immediate resistance is near the $3,080 level. There is also a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD. The first major resistance is near the $3,150 level. An upside break above the $3,150 resistance might send the price higher. The next key resistance sits at $3,200, above which the price might gain traction and rise toward the $3,250 level. If there is a clear move above the $3,250 level, the price might rise and test the $3,320 resistance. Any more gains could send Ether toward the $3,500 resistance zone. More Losses In ETH? If Ethereum fails to clear the $3,080 resistance and the trend line, it could continue to move down. Initial support on the downside is near the $3,065 level. The next major support is near the $3,000 zone. A clear move below the $3,000 support might push the price toward $2,980. Any more losses might send the price toward the $2,860 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $3,000 Major Resistance Level – $3,080
https://www.newsbtc.com/analys....is/eth/ethereum-pric

XRP Price Still at Risk: Will It Face Another Downside Break? XRP price started another decline after it failed to surpass the $0.530 resistance. The price is back below $0.5150 and showing a few bearish signs. XRP struggled near $0.5300 and started a fresh decline. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if there is a close below $0.500. XRP Price Turns Red After a steady increase, XRP price faced resistance near the $0.530 zone. A high was formed at $0.5293 and the price started a downside correction like Bitcoin and Ethereum. The price declined below the $0.5220 level. There was a move below the 50% Fib retracement level of the upward wave from the $0.4967 swing low to the $0.5293 high. Besides, there was a break below a key contracting triangle with support at $0.520 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. Immediate resistance is near the $0.5150 level. The first key resistance is near $0.520. A close above the $0.520 resistance zone could send the price higher. The next key resistance is near $0.5220. If the bulls push the price above the $0.5280 resistance level, there could be a fresh move toward the $0.5350 resistance. Any more gains might send the price toward the $0.550 resistance. More Losses? If XRP fails to clear the $0.5150 resistance zone, it could continue to move down. Initial support on the downside is near the $0.5045 level or the 76.4% Fib retracement level of the upward wave from the $0.4967 swing low to the $0.5293 high. The next major support is at $0.500. The main support is now near $0.4965. If there is a downside break and a close below the $0.4965 level, the price might accelerate lower. In the stated case, the price could drop and test the $0.4840 support in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.5040 and $0.5000. Major Resistance Levels – $0.5150 and $0.5200.
https://www.newsbtc.com/analys....is/xrp/xrp-price-ris