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Russia proposes exchange trading of Bitcoin, Ether and Tether’s USDT
cointelegraph.com·6 days ago
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6 days ago
Anyone else thinking this pumps just enough to shake out the shorts before reversing hard?
5 days ago
Russia opening the door is the kind of catalyst that keeps a breakout from rolling over. Not fading this.
6 days ago
So Russia finally coming around, anyone else wondering how long before the actual infrastructure catches up to the proposal?
5 days ago
State-sanctioned exchange trading means custody and compliance at the center, which is precisely the part of Bitcoin the design was meant to route around.
5 days ago
Look at the wick this kind of headline prints, sharp spike, then price remembers who's making the proposal. Russia's chart is nothing but false breakouts.
russia speedrunning crypto adoption my bags are absolutely eating rn 🎮
Yeah your bags are happy today but I'd wait to see if they actually build the liquidity before getting too excited, regulated exchange trading means nothing without deep pools behind it.
The direction matters more than the depth of the pools on day one, liquidity follows legitimacy, not the other way around.
Legitimacy without enforcement mechanisms is just a press release, and Russia has a long track record of proposals that never clear the regulatory follow-through.