Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Telegram’s Toncoin (TON) in Freefall: Could the Altcoin Hit Rock Bottom Soon?
The post Telegram’s Toncoin (TON) in Freefall: Could the Altcoin Hit Rock Bottom Soon? appeared first on Coinpedia Fintech News Amid the mainstream adoption of smart contracts and digital assets, Telegram-backed Toncoin (TON) has emerged as a top-tier layer one (L1) blockchain in the past year. However, the exponential adoption of The Open Network (TON) blockchain has significantly put a strain on the ecosystem, thus leading to the recent outages, akin to the Solana (SOL) network. In addition to the…
9 months ago
Ton coin Plummets 94% Due to Glitch, Community in Panic
The post Ton coin Plummets 94% Due to Glitch, Community in Panic appeared first on Coinpedia Fintech News Ton coin suddenly fell around 90% and displayed $0.30. Don’t panic, this did not happen really but this was just a glitch on coinmarketcap, but this caused the market to move. Let’s explore what actually happened and how it impacted the community. Ton fell to $0.31 A few hours ago the price of the Ton coin suddenly plummeted around 94% from $5.28…
9 months ago
Amid CEO’s Legal Troubles, Telegram’s TON Blockchain Surpasses 1 Billion Transactions
The post Amid CEO’s Legal Troubles, Telegram’s TON Blockchain Surpasses 1 Billion Transactions appeared first on Coinpedia Fintech News Telegram’s CEO, Pavel Durov, is facing legal troubles in France. French authorities have granted Durov bail under strict conditions, including a payment of €5 million, reporting to police twice a week, and remaining within French borders. The Paris prosecutor has stated that there are sufficient grounds to formally investigate Durov on various charges, including complicity in running an online platform that…
9 months ago
Toncoin (TON) Set for Bullish Breakout, Eyes on 15% Price Surge
The post Toncoin (TON) Set for Bullish Breakout, Eyes on 15% Price Surge appeared first on Coinpedia Fintech News After a massive price drop in Toncoin (TON), it is currently poised for a breakout and a potential rally. Since Telegram CEO Pavel Durov got arrested in France, TON price has experienced a price drop of over 25% and currently struggling to gain momentum. TON Price Prediction Amid this ongoing consolidation, TON has formed a bullish descending price action pattern in…
9 months ago
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TONWhy TON Could Surge Next: 1 Billion Transactions and a Tap-to-Earn Game Boom!
The post Why TON Could Surge Next: 1 Billion Transactions and a Tap-to-Earn Game Boom! appeared first on Coinpedia Fintech News The Ton network has become one of the most famous blockchain recently. The maximum credit goes to the boom in tap-to-earn games. The open network is becoming a great choice for projects wanting to launch tap tap games on telegram app. But this popularity does not come without a price. If you are aware, the TON blockchain was halted…
9 months ago
Crypto Price Analysis 9-2 BTC, ETH, SOL, DOT, TON, ATOM, WIF
Major cryptocurrencies are starting the new week in the red, with Bitcoin (BTC) tumbling below $58,000 and Ethereum (ETH) slipping below $2,500 once again. The overall crypto market cap also registered a drop of 1.91%, leaving it just above the $2 trillion mark. Almost all cryptocurrencies have registered substantial weekly drops, with BTC down over 10%, ETH down almost 11%, and Solana (SOL) down a staggering 20%. Other altcoins that registered substantial losses include Dogecoin (DOGE), which is down 14%;…
9 months ago
TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading
The post TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading appeared first on Coinpedia Fintech News The crypto market took another sudden turn as Bitcoin (BTC) tumbled below $60,000. Toncoin (TON) swung low and down by over 10%, despite Pavel Durov’s release from custody. Meanwhile, TRON (TRX) maintains traction, oblivious to larger bearish sentiment. At the same time, a new player has stolen the spotlight, aiming to reshape crypto trading: Intel Markets…
9 months ago
TON Coin Price To Skyrocket With its Blockchain’s Massive Growth
The post TON Coin Price To Skyrocket With its Blockchain’s Massive Growth appeared first on Coinpedia Fintech News TON Coin has the undivided attention of the crypto community for a while now. One of the biggest reasons is the launch of tap-to-earn games. Recently, the DOGS project had a massive airdrop, and another one from Hamster Kombat is coming soon. But there’s more to why this coin might soar soon. A Closer Look at the TON Ecosystem This altcoin comes…
9 months ago
Telegram Under Ban Threat In Indonesia For Alleged Pornography & Gambling, TON Price Dive Deepens
Following the recent arrest of Telegram CEO Pavel Durov in France, the messaging platform is facing escalating legal challenges across multiple countries. Local media reports indicate that Indonesia is contemplating a ban on Telegram due to its alleged facilitation of pornography and online gambling activities. Global Scrutiny On Telegram According to a local media report, Indonesian Communication and Informatics Minister Budi Arie Setiadi has voiced strong concerns, stating that the Ministry has already warned Telegram about its content moderation practices. …
9 months ago