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Share link:In this post: Pavel Durov, the founder of Telegram, got arrested in Paris over concerns about illegal activities happening on the app due to lack of moderation. The TON community, closely linked to Telegram, is staying strong and sticking by Pavel, urging everyone to stay calm and keep building despite the chaos.
Share link:In this post: Traders are anticipating a possible rally to $68,000. U.S. Federal Reserve Chair Jerome Powell’s remarks have sparked investor confidence. Bitcoin is currently hovering around $64,200.
TON’s price plunged hours after reports emerged that Telegram’s CEO was arrested in France.
Check out some of the most important Shibarium developments during its first year of existence.
TON plunged in minutes after the French media broke the news.
Markets jump when the U.S. Fed Chair Jerome Powell breathes. He said it’s time to pivot Fed policy at the Jackson Hole conference Friday. Here are 4 crypto prices to watch.
Share link:In this post: DWF Labs has bought $500,000 worth of Toncoin in support of Telegram founder. TON has seen massive decline in its price over the last 24 hours and this acquisition could be a boost. Crypto community calls for Durov release as multiple projects and individuals post hashtags in solidarity.
Next week’s U.S. inflation data could push the Fed to cut interest rates if the numbers show inflation cooling off as expected. Consumer spending is on the rise, which helps keep the economy steady and might encourage the Fed to ease up on rate hikes.
Shiba Inu fans are looking for new opportunities emerge to buy potential new Dogecoin killers.
- 01:26Six whale addresses collectively deposit 95.36 million ENA into CEXAccording to a report by Jinse Finance, monitored by Lookonchain, a total of 95.36 million ENA, valued at approximately $28.4 million, have been deposited into CEX from six wallet addresses over the past 20 hours. These wallets received the ENA from the EthenaProxy wallet.
- 01:25US House of Representatives Holds Another Hearing on Crypto Regulation Bill, Questions Trump's Conflict of InterestOdaily Planet Daily News: On June 7, the U.S. House Financial Services Committee, driven by Democrats, held a "Minority Day" hearing to conduct a supplementary review of the "Clarity Act" for digital asset markets. Several Democratic lawmakers once again questioned former President Trump's involvement in the cryptocurrency field, suggesting it may constitute a conflict of interest.Representative Maxine Waters stated that the act could be used by Trump for personal gain, noting his multiple involvements in cryptocurrency investments during his presidency. Meanwhile, legal experts expressed concerns about the regulatory exemption clauses, potential loopholes, and cybersecurity risks within the act.The Republican side emphasized that the U.S. currently lacks a federal regulatory framework for non-securities digital assets, believing that the act would help fill the regulatory gap. The bill is expected to enter the voting process next week. (CoinDesk)
- 01:24Federal Reserve's Mester: Trade War May Lead to Persistent Inflation, Tariffs Could Raise Inflation in "One or Two Quarters"According to ChainCatcher, citing Jinshi reports, Federal Reserve's Mester stated that there is a 50% chance of persistent inflation due to the trade war. Tariffs may drive up inflation within "one or two quarters".