Latest Update
8/11/2026 5:28:00 PM

Russia: Approves Bitcoin Ethereum USDT Trading

Russia: Approves Bitcoin Ethereum USDT Trading

Russia approves Bitcoin, Ethereum and USDT trading but excludes XRP as BTC trades at $63562.95 with bearish EMA50 resistance at $64409.88.

Source

Analysis

Russia approved trading of Bitcoin, Ethereum and USDT while barring XRP, opening new channels for institutional flows into these assets.

BTC price action shows the token at $63562.95 inside Bollinger Bands with lower support at $63506.65 and upper resistance at $65730.24; the EMA50 at $64409.88 and EMA200 at $63756.07 define a bearish trend structure while MACD at -214.26 confirms the death cross and RSI at 34.72 sits neutral. Traders watching BTC price prediction models now factor this regulatory shift against the risk of a crypto market crash if momentum fails to reclaim the 50-EMA.


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