SEC delays decisions on XRP and Dogecoin ETFs, extending review period to examine compliance with fraud prevention and investor protection. The post SEC delays decisions on XRP and Dogecoin ETFs appeared first on Crypto Briefing.

SEC delays decisions on XRP and Dogecoin ETFs

The price of bitcoin is hanging around the $106,831 range as it reached an 
intraday high of $107,340 per coin. Bitcoin’s Six-Figure Streak Hits Day 
13—Record in Sight At 8 p.m. Eastern time, bitcoin (BTC) is coasting along 
just below the $107,000 range, up 1.5% against the U.S. dollar. Presently, 
BTC’s market cap is around […]

Bitcoin Price Flirts Near Record High—Is a Melt-up on the Horizon?

Bitcoin is currently trading around the $105,000 mark after a brief uptick to 
$107,000 in the past 24 hours. Notably, this marks the second time Bitcoin has 
rejected around $107,000 in the past few days. Despite this volatility, 
Bitcoin managed to close last week’s candle above a key resistance level that 
had capped its price action for weeks. This close, recorded just above the red 
horizontal line at $103,000, has introduced confidence in the continuation of 
the uptrend, and points to the bulls still in control of Bitcoin&#8217;s price 
action. Bitcoin Weekly Closes Above Range &#8211; First Bullish Step Current Bitcoin 
price action shows that bullish investors and buyers are still controlling the 
momentum behind the largest cryptocurrency and, in essence, the rest of the 
crypto market. Notably, Bitcoin initially experienced a brief surge to nearly 
$107,000 over the weekend before retreating. Related Reading: Bitcoin Macro 
Trend Oscillator Shows When To Expect The Price Top This price movement was 
followed by a dip to around $102,000, with the back-and-forth most likely 
being influenced by factors such as Moody’s downgrade of U.S. debt and 
investor reactions to potential interest rate cuts by the Federal Reserve. 
However, in an interesting note, the BTC price managed to close above the 
$103,000 range during this first move to $107,000, which is very important in 
terms of technical analysis going forward. This sentiment is echoed by crypto 
analyst Rekt Capital on social media platform X, who pointed out the next step 
that might play out for Bitcoin. Post-Breakout Retest Underway, Says Rekt 
Capital The $104,000 price level had previously acted as a stubborn ceiling 
throughout much of the recent Bitcoin price consolidation between $102,000 and 
$104,000 since May 9. However, since breaking above this level, the ensuing 
price action has seen the Bitcoin price retracing towards this level after 
another rejection at $107,000. Related Reading: Golden Ratio Multiplier Called 
Bitcoin Top In 2021 – Here’s What It’s Saying Now According to crypto analyst 
Rekt Capital, the dip following the $107,000 rejection isn’t necessarily 
bearish. Instead, it could be part of a post-breakout retest, a pattern often 
seen in strong bullish structures. If this retest successfully confirms the 
former resistance as new support, BTC could set the stage for a breakout into 
fresh all-time highs. As shown in the 1W Bitcoin price chart above, the red 
resistance level is very close to Bitcoin&#8217;s January 2025 all-time high around 
$108,780. Furthermore, the chart shows that the recent breakout above the 
$90,000–$103,000 zone appears to mirror a pattern of Bitcoin&#8217;s breakout after 
a consolidation move, after another bounce from a low. In this case, the 
bounce occurred at the $75,000 low in early April. If Bitcoin does rebound 
with enough trading volume around $104,000, this could provide the much-needed 
momentum for a move above $107,000 and finally above $108,700 again. At the 
time of writing, Bitcoin is trading at $105,555, up by 2.9% in the past 24 
hours. Featured image from Adobe Stock, chart from Tradingview.com

Bitcoin Weekly Closes Above Range High Despite Crash From $107,000, Why The Bulls Are Still In Charge

KULR Technology Group has increased its bitcoin holdings to 800.3 BTC, valued 
at $78 million, after purchasing an additional $9 million worth of the leading 
cryptocurrency. KULR Acquires Additional $9M in Bitcoin According to the 
release shared with Bitcoin.com News, the company acquired the latest bitcoin 
purchase at a weighted average price of $103,234 per […]

KULR’s Bitcoin Strategy Yields 220%, Holdings Hit 800 BTC

Dogecoin slipped 7% early this week, wiping out much of its gains from last 
Friday. But a pair of chart watchers say the pullback could be brief. 
According to analysis from Jake Wujastyk, the meme token is poised for a sharp 
climb once key levels hold. Based on reports from fellow analyst 
Bitcoinsensus, there’s even more upside sketched out on detailed patterns. 
Related Reading: Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To 
$115K Chart Pattern Signals Potential Breakout Jake Wujastyk spotted a 
descending triangle that began forming after Dogecoin hit $0.26 on May 11. 
Prices swung between the upper resistance line and a lower support line, 
tightening the wedge. Earlier, DOGE surged 8% in a single session, pushing 
near the top trend line. Daily Trend Break Opportunity on $DOGE 🔥#Dogecoin has 
been slightly pulling back in a very healthy manner, preparing for the next 
major breakout💹 The anticipated breakout is expected to happen within the next 
7 days, with a retest of the trendline for confirmation. Next… 
pic.twitter.com/tykuWOfAbs — Bitcoinsensus (@Bitcoinsensus) May 19, 2025 Now 
the coin has dipped back into the wedge, but it’s still trading between those 
two lines. If the pattern breaks upward, Wujastyk argues that it could set the 
stage for a rapid move higher. Volume hasn’t spiked yet, so the setup isn’t 
sealed. But the shape of the chart suggests potential for a breakout. 
#Dogecoin There&#8217;s no way I couldn&#8217;t take this trade with a chart that looks 
like this. Target is a double here around 45 cents. pic.twitter.com/HxbrFVseiv 
— Jake Wujastyk (@Jake__Wujastyk) May 18, 2025 Analyst Forecasts Rapid Price 
Rise Based on reports, Wujastyk expects a “twofold rally” from current levels. 
That means pushing from around $0.21 today to roughly $0.45. That’s about 114% 
higher. He’s confident there’s “no way you won’t take a Dogecoin trade” if the 
chart action holds. His call comes as the token struggles this week, down 7% 
in one day and flirting with erasing the prior week’s gains. Wujastyk’s 
bullish view hinges on a bounce off the wedge’s support, followed by a strong 
push through resistance. If it happens, traders could see quick gains, he 
says. Mixed Targets Highlight Uncertainty Another voice, analyst 
Bitcoinsensus, sees a similar move to above $0.40 but on a slightly different 
pattern. He points to an inverse head‑and‑shoulders that formed between March 
and early May. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge 
To $0.65 In Sight The left shoulder came from a March 11 low at $0.14, the 
head from an April 7 dip to $0.13, and the right shoulder near $0.16 on May 6. 
After the pattern broke out, DOGE hit a trendline that’s capped gains since 
December’s $0.48 high. Even with a pullback from that supply zone, 
Bitcoinsensus says a further push could launch Dogecoin back toward 
$0.42–$0.43 within seven days. Those targets suggest a 100–104% jump from 
today’s price. Featured image from Unsplash, chart from TradingView

Dogecoin Chart Too Good To Ignore, Says Trader Eyeing Double

Robinhood has submitted a detailed proposal to the U.S. SEC seeking a unified 
regulatory framework for tokenized real-world assets. If adopted, it could 
establish the foundation for a legally compliant, blockchain-powered U.S. 
securities market. Robinhood’s SEC Proposal Could Lay the Groundwork for 
Tokenized Finance in the U.S. Robinhood is taking a bold step toward 
integrating […]