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Brazil Approves First $XRP ETF: A Historic Milestone for Crypto Investment Brazil has made history by becoming the first country to approve an XRP exchange-traded fund (ETF), marking a significant step forward for the cryptocurrency industry. This groundbreaking move puts Brazil ahead of the United States and other major financial markets in offering regulated investment vehicles for XRP, the digital asset associated with Ripple. The approval highlights Brazil’s progressive stance on crypto regulation and signals growing institutional interest in $XRP as a mainstream financial asset. Brazil’s Growing Crypto Market Over the past few years, Brazil has emerged as a leader in cryptocurrency adoption in Latin America. With increasing investor interest and a supportive regulatory framework, the country has positioned itself as a hub for digital asset innovation. The approval of the XRP ETF is yet another example of Brazil’s proactive approach to integrating crypto into traditional finance. The Brazilian Securities and Exchange Commission (CVM) approved the ETF, which will allow institutional and retail investors to gain exposure to XRP without having to directly purchase or store the digital asset. By providing a secure and regulated means of investing in XRP, the ETF is expected to attract a new wave of investors who may have been hesitant to engage with the cryptocurrency market due to concerns about security and volatility. Why XRP? XRP has long been one of the most widely traded cryptocurrencies, known for its fast transaction speeds and low costs. Unlike Bitcoin and Ethereum, which rely on energy-intensive proof-of-work mechanisms, XRP uses a consensus algorithm that makes transactions faster and more efficient. These features have made XRP a preferred choice for cross-border payments and remittances. Ripple, the company behind XRP, has also played a key role in fostering institutional adoption. Despite legal challenges in the U.S., Ripple continues to expand its global partnerships with banks and financial institutions that use XRP for payment settlement. The approval of an XRP ETF in Brazil reinforces the asset’s legitimacy and could further accelerate its adoption in mainstream finance. How Brazil Outpaced the U.S. While Brazil has approved the first XRP ETF, the U.S. has been slower in launching similar investment products. The Securities and Exchange Commission (SEC) has taken a cautious approach to cryptocurrency regulation, particularly with assets like XRP that have been the subject of legal scrutiny. The SEC’s lawsuit against Ripple, which alleged that XRP was an unregistered security, has created uncertainty around XRP’s regulatory status in the U.S. Although Ripple secured a partial legal victory in 2023, the ongoing case has delayed the approval of an XRP ETF in the U.S. In contrast, Brazil’s regulators have taken a more open-minded stance, allowing innovation to flourish while still implementing investor protections. Implications for the Global Crypto Market The approval of the XRP ETF in Brazil could have significant ripple effects (pun intended) on the global cryptocurrency market. As institutional investors gain easier access to XRP, demand for the digital asset could rise, potentially driving up its price. Additionally, other countries may follow Brazil’s lead and approve similar ETFs, paving the way for wider adoption of XRP and other digital assets. For investors, the ETF provides a safer and more convenient way to invest in XRP without dealing with the complexities of cryptocurrency exchanges and self-custody. This could attract traditional investors who were previously hesitant to enter the crypto market Brazil’s approval of the first XRP ETF is a landmark moment for the cryptocurrency industry. By embracing innovation and providing regulated investment opportunities, Brazil has set a precedent that other nations may soon follow. As XRP gains legitimacy through institutional investment, its role in the global financial system could continue to expand. Whether the U.S. will catch up and approve its own XRP ETF remains to be seen, but for now, Brazil has taken the lead in integrating digital assets into traditional finance.

#PEPEUSDT has formed an ending diagonal with a clear 5-wave structure and bullish divergence, increasing the probability of an upcoming bullish move. But here's the catch—it all depends on key levels and volume confirmation. If PEPEUSDT breaks out and closes a candle above resistance with strong volume, it will signal strength and increase the likelihood of a continued bullish push. If price consolidates with weak volume, it’s better to stay on the sidelines—especially with the broader crypto market looking bearish for now. No need to force trades.

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸The SEC declares meme coins are not considered securities. 🔹United States Secretary of the Treasury adds Galaxy Digital's Tyler Williams as a digital asset advisor. 🔸The SEC dismissed its lawsuit against Coinbase with prejudice, ending the case permanently. 🔹Sam Altman announces GPT-4.5, calling it the first AI that feels like talking to a real person, but warns of GPU shortages delaying its full rollout. 🔸The SEC has dropped its case against Consensys. 🔹Michael Saylor met with the House Financial Services Committee to discuss how to make the “U.S. the global leader in #Bitcoin and crypto.” 🔸Texas Business and Commerce Committee passes #Bitcoin strategic reserve bill, now heads to the Senate floor. 🔹House Democrats reportedly set to introduce the MEME Act, a bill that would ban public officials from issuing or endorsing memecoins like $TRUMP. 🔸Ripple partners with South Korean custodian BDACS to offer institutional-grade custody for $XRP and $RLUSD. 🔹Trump says tariffs set for March 4 will go into effect as scheduled, with China facing an additional 10% tariff.

$PEPE has formed an ending diagonal with a clear 5-wave structure and bullish divergence, increasing the probability of an upcoming bullish move. But here's the catch—it all depends on key levels and volume confirmation. If PEPEUSDT breaks out and closes a candle above resistance with strong volume, it will signal strength and increase the likelihood of a continued bullish push. If price consolidates with weak volume, it’s better to stay on the sidelines—especially with the broader crypto market looking bearish for now. No need to force trades.

If This Happens For BTC Dominance, Shakeout Is Cancelled As you remember we have the previous analysis on $BTC dominance where we pointed out the target at 66% and the shakeout. But we were sure that it will happen in the upcoming week, but Dominance retraced again below 61% and current wave doesn't look like the wave 5. This move increased probability of more positive scenario for altcoins. Let's take a look at 12h time frame. We can see that candles were able only to touch the 62.5% and then retested the recent low. It gives us an idea that the probability that this is wave 5 decreased. Here we have two scenarios. The first one is that we are in wave 4, which is more complicated that we supposed and candles will finally reach 66%. But the second scenario now has even more than 50% probability. This pump could be already shortened wave 5. Unfortunately, Bullish/Bearish Reversal Bar Indicator [Skyrexio] can't catch such waves, but Awesome Oscillator tells us that wave 4 has been finished and we can see the divergence, which could already happened if dominance touch 66%. Now AO is reversing and this is the sign that this impulse to the upside will not continue. The clear breakdown of 60% will confirm this idea. Best regards, $BTC