Russia Proposes 1.5M Ruble Fines for Unregistered Crypto Miners
- New Fine Regulations: Russia's Ministry of Justice has proposed fines of 1.5 million rubles (approximately $19,000) for unregistered crypto miners, aiming to curb the rising trend of unauthorized mining activities, thereby protecting the national economy and financial stability.
- Monitoring Measures: As of June 19, only 30% of miners have registered their operations, highlighting concerns from Deputy Finance Minister Ivan Chebeskov that the increase in unregistered miners could negatively impact national finances.
- Escalated Penalties: Illegal mining involving 'outsized profits' could incur fines up to 2.5 million rubles and prison sentences of up to five years, demonstrating the government's commitment to combat illegal activities.
- Industry Impact: Finance Minister Anton Siluanov noted that over 1,300 registered crypto miners existed in Russia by the end of October 2025, suggesting that the new fine policy may encourage more miners to legalize their operations, thus enhancing industry transparency.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE) As of , (STABLE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 5 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00283 | 0.00635 | 0.0143 | 0.0235 | 0.0315 | 0.0407 | 0.0487 |
| Fibonacci | 0.00635 | 0.0129 | 0.017 | 0.0235 | 0.0301 | 0.0341 | 0.0407 |
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