Russia Approves Public Trading of Bitcoin, Ethereum, and Tether on Regulated Platforms

Russia has granted approval for public trading of Bitcoin, Ethereum, and Tether on regulated platforms that meet specific criteria, including market capitalization and pricing history.

This move introduces Ethereum to a significant new market, potentially attracting institutional and retail capital inflows.

Despite this regulatory change, the current price movement remains muted, with ETH/USD trading below key moving averages and mixed momentum indicators.

The expected range for Ethereum in the near term is between $1,851 to $1,946, with a bullish scenario opening if the price breaks above $1,895.