Category: Cryptocurrency News

According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt. Bitcoin Miners Walk Debt Tightrope With 100K BTC in Hand This past Friday, all […]

After losing a key support level earlier this week, Chainlink (LINK) has surged 24% from the recent lows to lead Friday’s crypto market. Some analysts suggested that a rebound could be around the corner as whales continue to bet on the cryptocurrency. Related Reading: Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities – Recovery Ahead? Chainlink Recovers Critical Support On Friday, Chainlink surged over 10% to turn the $14 resistance into support again. The cryptocurrency lost this crucial level on Monday following the recent crypto market crash, which saw Bitcoin (BTC) fall to its lowest price in months. During the correction, LINK dropped to a four-month low at $11.71, retesting its post-election breakout levels for the first time since late November. Over the past three days, the token hovered between the $12.5-$13.5 price zone, failing to break above the range’s upper boundary and retest the $14 mark until today. It’s worth noting that this level has been a critical support during LINK’s past rallies, serving as a key breakout and bounce point in the previous cycle, Q1 2024’s high, and the post-US election pump. Moreover, whenever this level has been lost, it has led to long accumulation periods for the cryptocurrency. After today’s surge, LINK has reached a high of $14.71 before retracing to the $14.4-$14.5 price range over the past few hours. Crypto analyst Ali Martinez noted that holding its current level “could set the stage for a rebound to $24.” As Martinez has pointed out, Chainlink has been in an ascending parallel channel since July 2023, moving between the pattern’s upper and lower boundary over the last year and a half.  LINK surged to the channel’s upper trendline every time it retested the lower zone before dropping back, repeating the cycle. Based on this, the recent recovery of the parallel channel’s lower range could send the cryptocurrency to the mid-zone of the pattern before a climb to the upper boundary.  “A Spike in buying pressure at the current levels can help Chainlink rebound to the upper boundary at $45,” the analyst explained. Is LINK Poised For A Reversal? Notably, whales had bought over 3 million LINK in five days, Martinez pointed out on Tuesday, and online reports revealed that an address has continued to purchase Chainlink during the rest of the week. Lookonchain recently reported that a large-scale address has “spent 12.1 million USDC to buy 863,174 LINK at $14,” holding a total of 1.07 million tokens, valued at $15.53 million. Additionally, the address has a long position on LINK, worth $31 million. Analyst AMCrypto Alex pointed out that LINK remained in its long-term uptrend channel despite Tuesday’s low. However, he considers there is a high chance that the token will retest the $10 mark before the bottom formation. Related Reading: Solana (SOL) Retests Crucial Support Level – Is A 50% Price Drop On The Horizon? Meanwhile, trader Crypto Rand suggested that Chainlink is ready to bounce as “LINK marines are getting ready for the bull reversal.” The market watcher pointed out the cryptocurrency has been forming a falling wedge pattern since the start of 2025, and the $14 support recovery is “pushing for the breakout.” A breakout from the pattern’s upper trendline, which is around the $14.5 mark, could propel the token’s price to a 30% surge near the $20 barrier. As of this writing, LINK is trading at $14.51, an 11.6% surge in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

The price of Toncoin (TON) jumped over 6% following the release of Telegram founder Pavel Durov from France, where he had been compelled to remain since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days.Following the news of the Telegram founder’s arrest in France on Aug. 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.The digital asset reached a high of $7.20 on December 4, 2024, amid a historic rally in the crypto markets in response to the re-election of President Donald Trump in the United States.However, TON’s price collapsed by roughly 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.Toncoin’s price action since August 2024. Source: TradingViewToncoin is the cryptocurrency of The Open Network, which is separate from the Telegram platform, but has become a staple for users of the messaging application.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Durov being granted approval to leave France was applauded by Telegram and TON users as a win for freedom of speech, while the debate between online security and freedom of expression continues to foment.Related: Wallet in Telegram to list 50 tokens and launch yield programPavel Durov finally allowed to leave France after monthsThe Telegram founder reportedly secured permission to leave France on March 13 to travel to Dubai.According to the AFP news agency, unnamed sources confirmed Durov’s departure from the European country this morning, and other sources claimed that the Telegram founder was allowed to leave France for “several weeks.”At this point, it is unclear whether the case has been settled in French courts or if Durov has only been granted temporary travel time while the case is arbitrated in the legal system.A translated statement from the Paris Public Prosecutor’s Office announcing charges against Telegram founder Pavel Durov. Source: Jacques PezetFrench law enforcement officials have accused Telegram of facilitating illegal activities by failing to censor the messaging platform and also pressed charges against Durov — forcing him to remain in France as part of a bail agreement.The Telegram founder later characterized the arrest as unnecessary and said that the company maintains a representative in the European Union to handle legal requests.Durov emphasized that he and the company would have gladly cooperated with French authorities if an appropriate legal request for help was submitted.Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

The price of Toncoin (TON) jumped over 6% following the release of Telegram founder Pavel Durov from France, where he had been compelled to remain since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days.Following the news of the Telegram founder’s arrest in France on Aug. 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.The digital asset reached a high of $7.20 on December 4, 2024, amid a historic rally in the crypto markets in response to the re-election of President Donald Trump in the United States.However, TON’s price collapsed by roughly 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.Toncoin’s price action since August 2024. Source: TradingViewToncoin is the cryptocurrency of The Open Network, which is separate from the Telegram platform, but has become a staple for users of the messaging application.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Durov being granted approval to leave France was applauded by Telegram and TON users as a win for freedom of speech, while the debate between online security and freedom of expression continues to foment.Related: Wallet in Telegram to list 50 tokens and launch yield programPavel Durov finally allowed to leave France after monthsThe Telegram founder reportedly secured permission to leave France on March 13 to travel to Dubai.According to the AFP news agency, unnamed sources confirmed Durov’s departure from the European country this morning, and other sources claimed that the Telegram founder was allowed to leave France for “several weeks.”At this point, it is unclear whether the case has been settled in French courts or if Durov has only been granted temporary travel time while the case is arbitrated in the legal system.A translated statement from the Paris Public Prosecutor’s Office announcing charges against Telegram founder Pavel Durov. Source: Jacques PezetFrench law enforcement officials have accused Telegram of facilitating illegal activities by failing to censor the messaging platform and also pressed charges against Durov — forcing him to remain in France as part of a bail agreement.The Telegram founder later characterized the arrest as unnecessary and said that the company maintains a representative in the European Union to handle legal requests.Durov emphasized that he and the company would have gladly cooperated with French authorities if an appropriate legal request for help was submitted.Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

The price of Toncoin (TON) jumped over 6% following the release of Telegram founder Pavel Durov from France, where he had been compelled to remain since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days.Following the news of the Telegram founder’s arrest in France on Aug. 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.The digital asset reached a high of $7.20 on December 4, 2024, amid a historic rally in the crypto markets in response to the re-election of President Donald Trump in the United States.However, TON’s price collapsed by roughly 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.Toncoin’s price action since August 2024. Source: TradingViewToncoin is the cryptocurrency of The Open Network, which is separate from the Telegram platform, but has become a staple for users of the messaging application.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Durov being granted approval to leave France was applauded by Telegram and TON users as a win for freedom of speech, while the debate between online security and freedom of expression continues to foment.Related: Wallet in Telegram to list 50 tokens and launch yield programPavel Durov finally allowed to leave France after monthsThe Telegram founder reportedly secured permission to leave France on March 13 to travel to Dubai.According to the AFP news agency, unnamed sources confirmed Durov’s departure from the European country this morning, and other sources claimed that the Telegram founder was allowed to leave France for “several weeks.”At this point, it is unclear whether the case has been settled in French courts or if Durov has only been granted temporary travel time while the case is arbitrated in the legal system.A translated statement from the Paris Public Prosecutor’s Office announcing charges against Telegram founder Pavel Durov. Source: Jacques PezetFrench law enforcement officials have accused Telegram of facilitating illegal activities by failing to censor the messaging platform and also pressed charges against Durov — forcing him to remain in France as part of a bail agreement.The Telegram founder later characterized the arrest as unnecessary and said that the company maintains a representative in the European Union to handle legal requests.Durov emphasized that he and the company would have gladly cooperated with French authorities if an appropriate legal request for help was submitted.Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

The price of Toncoin (TON) jumped over 6% following the release of Telegram founder Pavel Durov from France, where he had been compelled to remain since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days.Following the news of the Telegram founder’s arrest in France on Aug. 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.The digital asset reached a high of $7.20 on December 4, 2024, amid a historic rally in the crypto markets in response to the re-election of President Donald Trump in the United States.However, TON’s price collapsed by roughly 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.Toncoin’s price action since August 2024. Source: TradingViewToncoin is the cryptocurrency of The Open Network, which is separate from the Telegram platform, but has become a staple for users of the messaging application.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Durov being granted approval to leave France was applauded by Telegram and TON users as a win for freedom of speech, while the debate between online security and freedom of expression continues to foment.Related: Wallet in Telegram to list 50 tokens and launch yield programPavel Durov finally allowed to leave France after monthsThe Telegram founder reportedly secured permission to leave France on March 13 to travel to Dubai.According to the AFP news agency, unnamed sources confirmed Durov’s departure from the European country this morning, and other sources claimed that the Telegram founder was allowed to leave France for “several weeks.”At this point, it is unclear whether the case has been settled in French courts or if Durov has only been granted temporary travel time while the case is arbitrated in the legal system.A translated statement from the Paris Public Prosecutor’s Office announcing charges against Telegram founder Pavel Durov. Source: Jacques PezetFrench law enforcement officials have accused Telegram of facilitating illegal activities by failing to censor the messaging platform and also pressed charges against Durov — forcing him to remain in France as part of a bail agreement.The Telegram founder later characterized the arrest as unnecessary and said that the company maintains a representative in the European Union to handle legal requests.Durov emphasized that he and the company would have gladly cooperated with French authorities if an appropriate legal request for help was submitted.Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

The price of Toncoin (TON) jumped over 6% following the release of Telegram founder Pavel Durov from France, where he had been compelled to remain since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days.Following the news of the Telegram founder’s arrest in France on Aug. 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.The digital asset reached a high of $7.20 on December 4, 2024, amid a historic rally in the crypto markets in response to the re-election of President Donald Trump in the United States.However, TON’s price collapsed by roughly 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.Toncoin’s price action since August 2024. Source: TradingViewToncoin is the cryptocurrency of The Open Network, which is separate from the Telegram platform, but has become a staple for users of the messaging application.French prosecutors accused Durov of running a platform that allegedly enables illegal activities, according to charges announced on Aug. 28, 2024.Durov being granted approval to leave France was applauded by Telegram and TON users as a win for freedom of speech, while the debate between online security and freedom of expression continues to foment.Related: Wallet in Telegram to list 50 tokens and launch yield programPavel Durov finally allowed to leave France after monthsThe Telegram founder reportedly secured permission to leave France on March 13 to travel to Dubai.According to the AFP news agency, unnamed sources confirmed Durov’s departure from the European country this morning, and other sources claimed that the Telegram founder was allowed to leave France for “several weeks.”At this point, it is unclear whether the case has been settled in French courts or if Durov has only been granted temporary travel time while the case is arbitrated in the legal system.A translated statement from the Paris Public Prosecutor’s Office announcing charges against Telegram founder Pavel Durov. Source: Jacques PezetFrench law enforcement officials have accused Telegram of facilitating illegal activities by failing to censor the messaging platform and also pressed charges against Durov — forcing him to remain in France as part of a bail agreement.The Telegram founder later characterized the arrest as unnecessary and said that the company maintains a representative in the European Union to handle legal requests.Durov emphasized that he and the company would have gladly cooperated with French authorities if an appropriate legal request for help was submitted.Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in