Mark Zuckerberg&#8217;s Meta is dropping VR support for its flagship metaverse 
world, which it launched in 2021 as part of the company&#8217;s big gamble on 
virtual worlds.

Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

MicroBT has rolled out two new hydro-cooled bitcoin mining rigs aimed squarely 
at industrial operators, pairing higher hashrates with tighter efficiency as 
competition for block rewards intensifies. MicroBT Expands ASIC Lineup The 
company introduced the Whatsminer M6DS+ and M6DS++ in March 2026 as part of 
its broader M7D series expansion, continuing its push into large-scale, […]

MicroBT Targets Large-Scale Mining Farms With New Hydro ASIC Machines

XRP price started a strong increase above $1.520. The price is now 
consolidating gains and might aim for more gains if it stays above the $1.50 
zone. XRP price started a fresh increase above the $1.50 zone. The price is 
now trading above $1.50 and the 100-hourly Simple Moving Average. There was a 
break above a declining channel with resistance at $1.5250 on the hourly chart 
of the XRP/USD pair (data source from Kraken). The pair could continue to move 
up if it settles above $1.5550. XRP Price Corrects Gains XRP price started a 
major upward move above $1.40 and $1.50, beating Bitcoin and Ethereum. The 
price gained pace for a clear move above the $1.5250 resistance. The bulls 
even pumped the price above the $1.550 zone. A high was formed at $1.6068 and 
the price started a downside correction. There was a move below $1.550 and 
$1.5250. The price dipped below the 23.6% Fib retracement level of the upward 
move from the $1.3855 swing low to the $1.6068 high. However, the bulls were 
active near $1.50 or the 50% Fib retracement level of the upward move from the 
$1.3855 swing low to the $1.6068 high. The price is now trading above $1.50 
and the 100-hourly Simple Moving Average. There was also a break above a 
declining channel with resistance at $1.5250 on the hourly chart of the 
XRP/USD pair. If there is a fresh upward move, the price might face resistance 
near the $1.5550 level. The first major resistance is near the $1.580 level, 
above which the price could rise and test $1.60. A clear move above the $1.60 
resistance might send the price toward the $1.6250 resistance. Any more gains 
might send the price toward the $1.650 resistance. The next major hurdle for 
the bulls might be near $1.6880. More Downside? If XRP fails to clear the 
$1.60 resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.520 level. The next major support is near the $1.50 
level. If there is a downside break and a close below the $1.50 level, the 
price might continue to decline toward $1.470. The next major support sits 
near the $1.4520 zone, below which the price could continue lower toward 
$1.4220. Any more losses might call for a test of $1.4050. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now above the 50 level. Major Support Levels – $1.5000 and $1.4700. Major 
Resistance Levels – $1.5550 and $1.6000.

XRP Price Bullish Momentum Expands — Market Eyes Next Surge

The Washington D.C.-based non-profit cryptocurrency policy think tank argued 
that no action letters within the crypto industry lead to fragmentation and 
uneven treatment.

Coin Center urges SEC to prioritize rulemaking over no-action letters

Despite a recent resurgence in prices, Bitcoin (BTC) and Ethereum (ETH), the 
two largest cryptocurrencies by market capitalization, are not expected to 
achieve new all-time highs this year, according to analysts at Citigroup. The 
company significantly revised its forecasts for both cryptocurrencies on 
Tuesday, reflecting concerns about the slow pace of legislative progress in 
the United States, which limits the potential for regulatory catalysts that 
could drive increased demand from institutional investors and exchange-traded 
funds (ETFs). Bitcoin And Ethereum Price Targets Revised Downward In their 
latest update, Citigroup lowered its 12-month price target for Bitcoin from 
$143,000 to $112,000, while Ethereum’s forecast was reduced from $4,304 to 
$3,175. This suggests that, based on current trade prices, Bitcoin is 
predicted to increase by nearly 50% in the remaining months of the year from 
$74,360. Ethereum, on the other hand, would see a nearly 62% increase in price 
from its present level of $2,314 per token over the course of the year. 
Related Reading: Bitcoin Returns To Full Bull Mode: Key Indicators Signal 
Bottom And Major Relief Rally Citi strategist Alex Saunders emphasized that 
while regulatory catalysts are essential for fostering greater adoption and 
inflows into the market, the opportunity for significant US legislative action 
this year is diminishing. The report further highlights that, under a 
recessionary economic climate, Bitcoin could see its price dip to as low as 
$58,000, while Ethereum might fall to around $1,198. Conversely, in a bullish 
scenario driven by heightened demand from end investors, Bitcoin’s price could 
reach $165,000, with Ethereum potentially climbing to $4,488. Tight Timeline 
For Crypto Legislation Progress The upcoming mid-term elections in November 
further complicate the legislative landscape for crypto-focused regulation. 
Should Democrats gain additional seats in Congress, the chances of passing the 
crypto market structure bill (CLARITY Act) could diminish. For the bill to 
advance, support from 7 Senate Democrats is required. Citigroup analysts 
suggest that Bitcoin is likely to trade within a range while awaiting 
developments in the legislative arena, with $70,000 acting as a significant 
price point as the US election approaches. Related Reading: Circle (CRLC) 
Boosted By USDC Demand: New Analyst Projections Suggest Rally To $136 Earlier 
on Tuesday, Bitcoinist reported that Alex Thorn from the research team at 
Galaxy Digital pointed out that time is of the essence. He cautioned that if 
progress is not made this month, the likelihood of passing the CLARITY Act 
this year will become &#8220;extremely low.&#8221; While negotiations in Washington D.C 
focus on resolving the stablecoin rewards issue, Thorn highlighted that 
additional challenges could emerge. These challenges may include discussions 
regarding decentralized finance (DeFi), investor protections, and broader 
ethical considerations in the digital asset sector. Featured image from 
OpenArt, chart from TradingView.com

Cryptocurrency price in BRL