Bitwise files S-1 application for Avalanche ETF, seeking SEC approval to 
launch an AVAX-focused exchange-traded fund for investors.
The post Bitwise files S-1 application for Avalanche ETF appeared first on 
Crypto Briefing.

Bitwise files S-1 application for Avalanche ETF

Bitcoin’s $113,000 zone emerges as a critical support with new investors 
absorbing whale supply, hinting at one of the last discounts before new highs.

Bitcoin price drop to $113K might be the last big discount before new highs: Here’s why

According to the stablecoin giant’s latest announcement, Tether tapped 
Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a 
move both firms pitch as a federally supervised template for U.S. dollar 
tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage 
Digital Bank NA, a federally chartered digital asset bank, will oversee 
issuance, reserve […]

Tether Taps Anchorage Digital to Roll out USAT Under Federal Charter

REX Shares will launch the first spot exchange-traded fund on XRP this week, 
according to an update the company shared on Monday. The REX-Osprey XRPR ETF, 
a spot exchange-traded fund structured as a spot ETF under the securities laws 
of…

REX-Osprey to launch first XRP ETF in U.S. this week

The XRP price is flashing a bull flag pattern on its weekly chart, hinting at 
an explosive breakout ahead. A crypto analyst has highlighted $3.6 as the key 
resistance in this formation, noting that if XRP can clear this level, the 
path toward an ambitious End of the Year (EOY) target of $23 is expected to 
come into view, with short-term milestones anticipated along the way. XRP 
Price Bull Flag Signals Explosive Potential Crypto market expert Stedas has 
drawn attention to XRP’s weekly chart, highlighting the formation of a classic 
bull flag pattern, one of the strongest continuation signals in technical 
analysis. His XRP price analysis, shared in a post on X social media, shows 
that the cryptocurrency’s recent sideways movement and consolidation phase are 
forming the “flag” of the pattern after a sharp rally that created the 
“flagpole.” This structure typically suggests that a new explosive leg upward 
could soon unfold once resistance is cleared. Related Reading: XRP Price Gets 
Tighter: Here’s The Level Keeping It From Price Discovery According to Stedas, 
the critical level to watch is the $3.6 mark. A decisive break above this 
resistance could ignite XRP’s next rally phase, potentially unlocking price 
levels far beyond its current range and former all-time highs. The analyst has 
identified $6, $13, and even $23 as potential end-of-the-year targets. While 
these levels may seem ambitious, they align with the behaviours of bull flag 
patterns, which have historically driven powerful and sustained rallies 
following periods of consolidation. Notably, XRP’s momentum picked up after it 
reclaimed the $3 range earlier this month with strong buying pressure. However 
the price has since slipped to $2.97 following a 3.5% pullback in the past 24 
hours. Despite the dip, Stedas’s bull flag framework suggests that XRP is 
shifting out of its stagnant zone and is now primed for acceleration. If 
market sentiment aligns with the technicals, the cryptocurrency could be 
looking at its most significant rally in years. The next few weeks may also 
prove decisive, as the market awaits confirmation of whether the analyst’s 
current setup can deliver on its bullish outlook. XRP Retests Fib Zone With 
$4.6 Target In Play Crypto analyst, Rose Premium Signals, has also shed light 
on XRP’s structure, focusing on its mid-term outlook. The analysis suggests 
that XRP has completed a bullish retest, strengthening the case for upside 
continuation. According to him, XRP has just bounced off the 0.5 &#8211; 0.618 
Fibonacci retracement zone, a range that often serves as a textbook support 
level before continuation moves. Related Reading: XRP Price Confirms 
Descending Trendline Breakout, Here Are The Targets Rose Premium Signals has 
highlighted an entry zone between $2.85 and $3.05, which XRP has already 
tested and respected with notable strength. The analyst argues that this 
confirmation marks a valid long setup backed by clear technical structure, 
Fibonacci alignment, and broader market resilience. From this zone, the chart 
projects a climb toward $4.67, which serves as the first official target in 
this mid-breakout scenario. Featured image from Adobe Stock, chart from 
Tradingview.com

Cryptocurrency price in MYR