Open Network’s TON has continued its giant strides, breaking through all-time highs. Recent insights by CryptoQuant showed that the token’s recent peak of $7.3 has been broken and turned into support. As long as that level sticks around, TON’s price trajectory looks optimistic. Using technical analysis, the prominent data platform has dived into the token’s […]
Telegram Open Network
TON’s Daily Users Beat Ethereum
The Open Network a.k.a TON has recorded a surge in its daily active addresses count surpassing those of Ethereum, thanks to Telegram’s 900 million user base. Despite its fledgling ecosystem, TON’s steady growth looks promising, driven largely by the immense distribution power of Telegram. Despite these positive indicators, questions remain about whether its growth is […]
TON Surpasses Bitcoin by 120%—Here’s Who’s Betting Big
Open Network’s TON had a blistering rally this year, exceeding Bitcoin’s price by roughly 120%. CryptoQuant’s latest analysis shed light on which investor groups are optimistic about TON and which are more pessimistic, guiding users to make informed decisions regarding price movements. Gauging the relative price performance across multiple trading sessions, the data platform discovered […]
Why Is Toncoin (TON) Spiking? Analysis Of The Seven-Day Chart
A bullish trend is now erupting for Toncoin (TON), which has broken over two significant resistance levels, from $2.10 on December 12th to $2.30 today. Near $2.40 is where the next resistance can be observed. According to the data from the CoinMarketcap, Toncoin (TON) has grown significantly over the past week, by over 30.62%, and […]
Telegram and SEC Courtroom Tale Ends with $1.2 Billion Settlement
Federal judge Kevin Castel signed the final ruling in the Telegram and SEC courtroom tale on June 26. The last court ruling by the New York Southern District Court ordered Telegram to reimburse investors up to $1.2 billion after the Telegram Open Network ICO collapsed. The United States court approved the final judgment of a […]
Telegram TON Blockchain Project Shut Down Following Court Order
The widely anticipated blockchain project Telegram TON has been shut down following problems with its native GRAM token. Two years ago Telegram raised $1.7 billion in an initial coin offering ( ICO). Telegram ‘s blockchain project was stopped after the Securities and Exchange Commission (SEC) sued the firm for claiming that GRAM was a safe. […]
U.S. Court Judge Issues Temporary Injunction Against Telegram’s Digital Token Offering
A U.S. federal court judge has directed the Telegram messaging platform to refrain from issuing its native gram tokens as scheduled in April, accepting a Securities and Exchange Commission (SEC) request for an injunction. In a preliminary injunction held on March 24, Judge P. Kevin Castel, of the New York Southern District Court, stated that […]