Author: dfmines

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.The exact terms of the court’s decision remain unclear, but Durov’s relocation has reignited debates about jurisdiction, privacy, and the responsibilities of tech leaders in combating illegal activities on their platforms.Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”The Telegram founder’s legal issues began on Aug. 24, when he was temporarily arrested at Le Bourget airport in Paris.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Daily price chart of Toncoin. Source: TradingViewThe crypto market reacted positively to the news of Durov departing from France. Toncoin (TON), the native cryptocurrency of The Open Network (TON), spiked over 18% in market price, according to data from Cointelegraph Markets Pro and TradingView. First report on Durov’s case in France since late 2024The unconfirmed reports suggest that Durov has either settled his case in France or received permission to leave the country while the court case is ongoing.Durov did not confirm his departure on social media by publishing time, while the French government officials are yet to issue a public statement, should the news be the case.As previously reported, Durov was abruptly arrested by French authorities at Le Bourget airport in Paris in August 2024.France’s Prosecutor’s Office, or Parquet de Paris, promptly issued a statement on preliminary charges to Durov on Aug. 28, accusing the Telegram founder of facilitating a platform that enables illicit transactions.The prosecutors claimed that Durov was facing up to 10 years of prison time in addition to a 500,000 euros ($550,000) fine.Durov was released from French custody on Aug. 28 after posting a $6 million bail. However, French authorities required him to remain in the country and mandated his court appearance only upon the completion of the investigation.Vinnik’s release came just a month agoDurov, now 40, is a citizen of Russia who also holds French and United Arab Emirates passports.Shortly after his arrest in France, the Russian government publicly expressed the willingness to provide assistance in his case, highlighting the complexity of the matter due to Durov being not only a Russian citizen but also a French citizen.Durov’s departure from France marks another important event in the timeline of Russian programmers’ releases by governments worldwide.Alexander Vinnik exits from the plane in Moscow. Source: The Moscow TimesAlexander Vinnik, operator of the now-defunct cryptocurrency exchange BTC-e, finally returned to Russia just a month ago following long-running disputes over his custody and indictment since his arrest in 2017.According to a Wall Street Journal report, Vinnik’s prison release from the United States came as part of a US-Russia prisoner swap amid the countries seeking to mend diplomatic ties following Donald Trump’s presidential return in January.Additional reporting by Helen Partz.

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.The exact terms of the court’s decision remain unclear, but Durov’s relocation has reignited debates about jurisdiction, privacy, and the responsibilities of tech leaders in combating illegal activities on their platforms.Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”The Telegram founder’s legal issues began on Aug. 24, when he was temporarily arrested at Le Bourget airport in Paris.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Daily price chart of Toncoin. Source: TradingViewThe crypto market reacted positively to the news of Durov departing from France. Toncoin (TON), the native cryptocurrency of The Open Network (TON), spiked over 18% in market price, according to data from Cointelegraph Markets Pro and TradingView. First report on Durov’s case in France since late 2024The unconfirmed reports suggest that Durov has either settled his case in France or received permission to leave the country while the court case is ongoing.Durov did not confirm his departure on social media by publishing time, while the French government officials are yet to issue a public statement, should the news be the case.As previously reported, Durov was abruptly arrested by French authorities at Le Bourget airport in Paris in August 2024.France’s Prosecutor’s Office, or Parquet de Paris, promptly issued a statement on preliminary charges to Durov on Aug. 28, accusing the Telegram founder of facilitating a platform that enables illicit transactions.The prosecutors claimed that Durov was facing up to 10 years of prison time in addition to a 500,000 euros ($550,000) fine.Durov was released from French custody on Aug. 28 after posting a $6 million bail. However, French authorities required him to remain in the country and mandated his court appearance only upon the completion of the investigation.Vinnik’s release came just a month agoDurov, now 40, is a citizen of Russia who also holds French and United Arab Emirates passports.Shortly after his arrest in France, the Russian government publicly expressed the willingness to provide assistance in his case, highlighting the complexity of the matter due to Durov being not only a Russian citizen but also a French citizen.Durov’s departure from France marks another important event in the timeline of Russian programmers’ releases by governments worldwide.Alexander Vinnik exits from the plane in Moscow. Source: The Moscow TimesAlexander Vinnik, operator of the now-defunct cryptocurrency exchange BTC-e, finally returned to Russia just a month ago following long-running disputes over his custody and indictment since his arrest in 2017.According to a Wall Street Journal report, Vinnik’s prison release from the United States came as part of a US-Russia prisoner swap amid the countries seeking to mend diplomatic ties following Donald Trump’s presidential return in January.Additional reporting by Helen Partz.

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.The exact terms of the court’s decision remain unclear, but Durov’s relocation has reignited debates about jurisdiction, privacy, and the responsibilities of tech leaders in combating illegal activities on their platforms.Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”The Telegram founder’s legal issues began on Aug. 24, when he was temporarily arrested at Le Bourget airport in Paris.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, citing preliminary charges announced on Aug. 28, 2024.First report on Durov’s case in France since late 2024The unconfirmed reports suggest that Durov has either settled his case in France or received permission to leave the country while the court case is ongoing.Durov did not confirm his departure on social media by publishing time, while the French government officials are yet to issue a public statement, should the news be the case.As previously reported, Durov was abruptly arrested by French authorities at Le Bourget airport in Paris in August 2024.France’s Prosecutor’s Office, or Parquet de Paris, promptly issued a statement on preliminary charges to Durov on Aug. 28, accusing the Telegram founder of facilitating a platform that enables illicit transactions.The prosecutors claimed that Durov was facing up to 10 years of prison time in addition to a 500,000 euros ($550,000) fine.This is a developing story, and further information will be added as it becomes available.

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The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. Still, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCCrypto market will likely lack direction ahead of FOMC meeting: analystDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.Next week’s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.Zlatareva told Cointelegraph:“Bitcoin’s movement below key technical levels, mirroring the S&P 500’s trajectory, highlights the market’s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.”“All eyes are set on next Wednesday’s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,” she added.Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapseThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.Source: CME Group’s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin price during 2025.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. Still, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCCrypto market will likely lack direction ahead of FOMC meeting: analystDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.Next week’s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.Zlatareva told Cointelegraph:“Bitcoin’s movement below key technical levels, mirroring the S&P 500’s trajectory, highlights the market’s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.”“All eyes are set on next Wednesday’s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,” she added.Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapseThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.Source: CME Group’s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin price during 2025.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. Still, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCCrypto market will likely lack direction ahead of FOMC meeting: analystDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.Next week’s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.Zlatareva told Cointelegraph:“Bitcoin’s movement below key technical levels, mirroring the S&P 500’s trajectory, highlights the market’s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.”“All eyes are set on next Wednesday’s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,” she added.Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapseThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.Source: CME Group’s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin price during 2025.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. Still, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCCrypto market will likely lack direction ahead of FOMC meeting: analystDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.Next week’s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.Zlatareva told Cointelegraph:“Bitcoin’s movement below key technical levels, mirroring the S&P 500’s trajectory, highlights the market’s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.”“All eyes are set on next Wednesday’s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,” she added.Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapseThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.Source: CME Group’s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin price during 2025.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. Still, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCCrypto market will likely lack direction ahead of FOMC meeting: analystDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.Next week’s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.Zlatareva told Cointelegraph:“Bitcoin’s movement below key technical levels, mirroring the S&P 500’s trajectory, highlights the market’s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.”“All eyes are set on next Wednesday’s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,” she added.Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapseThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.Source: CME Group’s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin price during 2025.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why