Das Land beschlagnahmt seit letztem Jahr Kryptowährungen, wenn Steuern nicht bezahlt wurden.
Russland: Zentralbank und Finanzministerium erlauben grenzüberschreitende Krypto-Zahlungen
Der stellvertretende Finanzminister Alexej Moisejew erklärte, die Richtlinie beschreibt, „wie Kryptowährungen erworben werden können, was man mit ihnen machen kann“ und wie man sie bei grenzüberschreitenden Zahlungen verwendet.
Is the slide on Polkadot an opportunity to buy?
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Polkadot is currently trading at $6.34 with weekly losses topping 10%.
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The interconnectivity blockchain is facing pressure from the ongoing crypto sell-off.
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Technical charts show more weakness as the price retest support zone.
Polkadot DOT/USD has hit the floor, currently trading at $6.34. The price represents a 10.85% loss in the past week. DOT continues to suffer from the overall crypto bearish market sentiment. A hawkish Fed and BoE rate hikes are weighing down on the token just as the rest of the digital assets.
Equally important is the political instability rocking Eastern Europe. A possible escalation of the Russian-Ukraine conflict could be imminent. Russian President Putin has called for a partial mobilization to send more troops to Ukraine.
On the micro-level, Polkadot continues to unveil regular upgrades to enhance the blockchain. There is a stable performance on its parachains as well. Polkadot Insider report ranked Moonbeam’s GLMR token as the most traded on the network as of Sept.20. The parachain had $12.5 million in volumes. Its counterpart, MoonRiver’s MVR token, followed at $6.3 million.
In the past week alone, Polkadot has recorded more than $77 million in transfer volumes with a daily average of 1,200 new accounts.
More positive fundamentals relate to the platform’s new staking protocol. vDOT staking liquidity pool by Bifrost reported 121,551 minted tokens four days ago. Bifrost Finance is the top parachain on Polkadot and one of the major staking platforms.
DOT retests $6.3 support
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Source: TradingView
According to the daily chart above, DOT dropped from $8 to slightly above $6 in just ten days. The trend of lower highs and lower lows represents a 25% loss. Although the RSI shows some small buying, DOT faces potential consolidation at the 20-day and 50-day MA.
Concluding thoughts
The slide in DOT is not an ideal buying opportunity at the current level. The logic remains that the price is looking exceedingly bearish below key levels. DOT is also trading above the oversold zone at an RSI of 38. Above the benchmark, more downside could be seen before any trend reversal.
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Bitcoin-Kurs bildet den Boden – Langfristige Kennzahl deutet baldigen Aufwärtstrend an
Mit dem nächsten größeren Abschwung könnte die Bodenbildung von Bitcoin komplettiert werden, wenn ein treffsicherer Indikator recht behält.
KuCoin integrates Legend Trading to add fiat on-ramp with zero fees
KuCoin wants to offer its customers a smoot fiat-to-crypto payments experience, with zero fees and deep liquidity.
KuCoin, a global crypto trading platform offering more than 700 digital assets and accessible in 207 countries, has integrated major fiat-to-crypto payments gateway Legend Trading to bring its customers a new fiat on-ramp with zero fees.
A strategic partnership with Legend Trading
KuCoin’s integration of the fiat on-ramp provider follows a new strategic partnership between the two companies, which as reported, will see KuCoin customers seamlessly access crypto purchases via bank transfers.
Specifically, the partnership allows the exchange’s customers to buy and sell crypto with top fiat currencies such as USD, EUR, AUD and JPY.
The “People’s Exchange” is also using the collaboration to tap into Legend Trading’s institutional-grade technology to bring users a fiat on-ramp with not just zero fees, but also competitive pricing, deep liquidity and access to larger bank transfers.
KuCoin CEO Johnny Lyu said in a press release that the partnership with Legend Trading will help the exchange expand its services across the globe.
The KuCoin chief added that while the platform already supports more than 50 fiat currencies and 70+ payment methods, including VISA, Mastercard and PayPal, the partnership is a huge step as it adds another gateway to crypto newcomers.
According to Lyu, the collaboration offers the crypto community more trading options.
Legend Trading is a key crypto player
Legend Trading provides its fiat-to-crypto gateway solution to numerous companies within the crypto industry, including cryptocurrency exchanges, wallets, and banks.
The firm also operates an over-the-counter (OTC) service, offering deep liquidity for brokerage firms, investment advisors, corporations, and family offices among other clients.
The platform’s services allow integrations that support crypto buying and selling with credit card, debit card and bank transfer – which can be completed via seven major fiat currencies: USD, GBP, EUR, AUD, CAD, JPY and CHF.
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