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#XDC Surges 300% to One-Year High in Bear Market
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Telegram CEO Under Formal Investigation; Bail Set for $5.56M 🔥BRED Airdrop Is live🔥 Claim Instant 50,000 BRED Tokens Worth Of $50 USDT, Instant Airdrop Is Live For Next 24 Hours, Join Airdrop On WWW.BREDTOKEN.XYZ Telegram CEO has been released from police custody and moved to Court on Wednesday. Durov is required to report twice a week to the police and is barred from leaving France. Toncoin, the native coin of Telegram, is now operational after another block interruption. Telegram CEO Pavel Durov was released on Wednesday but not freed. The Russian-born billionaire was released from police custody but transferred to Court for further questioning. In a statement, a French prosecutor disclosed that Durov is still under judicial investigation and cannot leave France. Durov gets bail Durov was released from police custody earlier in the day on bail of $5.56 million, nearly 5 million euros. He was also instructed to report twice a week to the French police and barred from leaving French soil. The formal judicial investigation was announced in the evening. Notably, when placed under judicial investigation, it does not necessarily imply guilt or trial charge; however, it may favor a serious investigation. No response to Court requests Durov has not been formally charged. Although he was detained by the French government under 12 charges, at the time of release from police custody, six of the charges were removed. Currently, he has to prove innocence on other charges that include drug trafficking, distribution of sexual images of minors, and online hate speech. Reportedly, the French National Office for Minors stated to the prosecutor’s office that it did not receive a response to the official Court requests sent to the Telegram platform. However, a probe is being conducted to find if someone had used the Telegram platform to perform these activities illegally. #TelegramCEO #TON #PavelDurov #CryptoNews #Bitcoin $TON $BTC $ETH

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OpenSea Fires Back at SEC But Overlooks Ripple’s Landmark Victory 🔥BRED Airdrop Is live🔥 Claim Instant 50,000 BRED Tokens Worth Of $50 USDT, Instant Airdrop Is Live For Next 24 Hours, Join Airdrop On WWW.BREDTOKEN.XYZ The legal battle of OpenSea with the SEC raises questions regarding the status of NFTs as securities, which may concern many artists and creators. Responding to the SEC’s action to regulate NFTs is likely to stifle the growth of digital art since its artists depend on these assets for their income. OpenSea pledges to offer to spend $5 million to cover legal expenses for NFT creators and developers in response to support for their work. OpenSea, the leading non-fungible token (NFT) marketplace, is gearing up for a legal battle with the U.S. Securities and Exchange Commission (SEC) as it receives the Wells notice. This notification puts the SEC on the record regarding potential enforcement action, claiming that some of the NFTs listed on OpenSea might be securities. The marketplace questioned the SEC’s decision and reasons, saying that this move seeks to lock out many creators and artists who depend on NFTs for their income. This response from OpenSea sheds light on the possible detrimental effects on innovation and the future of many digital artists. The platform stressed that NFTs are distinct digital assets that reflect creative products such as art, collectibles, and items in games, which should not be classified as financial assets. Many people in the community are concerned that categorizing NFTs as securities will hamper innovation and limit the economic benefits NFTs bring to artists worldwide. The possibility of the SEC categorizing some NFTs as securities could bring significant implications. Unfortunately, most artists and developers who rely on NFTs to make a living may find themselves in legal situations for which they could be more suited. #OpenSea #SEC #CryptoNews #TON #DOGSONBINANCE $BTC $ETH $BNB

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Here’s Why Popcat Rules the 7-Day Charts 🔥BRED Airdrop Is live🔥 Claim Instant 50,000 BRED Tokens Worth Of $50 USDT, Instant Airdrop Is Live For Next 24 Hours, Join Airdrop On WWW.BREDTOKEN.XYZ The seven-day chart wasn’t exactly a catastrophe for major crypto assets Wednesday, but most top coins were in the red. That included a 3% slide for Bitcoin after a sudden drop in open interest for BTC futures among institutional crypto investors. Meanwhile, Popcat showed special strength among meme coins. Most blue chip memes were down for the week, like Dogecoin (-6%), Pepe (-2%), and Bonk (-2%). But Popcat posted astounding 52% weekly gains by the middle of the day Chicago time Wednesday. Among other ongoing support for Popcat’s price, such as its large market cap (above $600 million this week), high liquidity, and strong meme community, Binance recently offered a crypto derivatives product for the Solana cat meme coin. The exchange announced the new Popcat product a week ago on Thursday, Aug. 22. For the filthy degenerate who doesn’t find 52% weekly price gains on a meme coin exciting enough, Binance listed Popcat-USDT perpetual futures contracts with up to 75x leverage on its menu. The company also listed futures contracts for Tron’s SUN tokens at the same time, helping the $300 million governance and utility token to fly up the charts by 91%, according to CoinMarketCap data. Lookonchain spotted a whale-sized, $5 million purchase of Popcat using SOL tokens on Aug. 22. That probably chummed up the waters for the Popcat crowd. Solana was the only top 10 crypto that was up for the week ending Wednesday. So that might have been why crypto markets rewarded one of its leading meme coins with massive gains. Over the past year, enthusiasm for Solana and Ethereum’s competitor’s meme coins has been unstoppable. That was clear enough with the market-beating Bonk rally in Q4. Bonk is Solana’s answer to Ethereum’s Shiba Inu. #PopCat #CATS #DOGS #Memecoins #Solana $SOL $DOGS $BTC

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Toncoin and Notcoin Ready for a Rally With Durov’s Bail? 🔥BRED Airdrop Is live🔥 Claim Instant 50,000 BRED Tokens Worth Of $50 USDT, Instant Airdrop Is Live For Next 24 Hours, Join Airdrop On WWW.BREDTOKEN.XYZ The broader market remains volatile, with the BTC price back under the $60K mark. Amid this, the volatility increases for the Toncoin and Notcoin with Parel Durov’s case. As Durov gets out by paying a bail amount of $5.56 Million, the altcoins are turning positive momentarily. Will this recovery reclaim the lost levels of last week? Will TON Price Hold $5 Support? Following the massive crash over the weekend, the TON price shows a bullish hold over the $5 support level. However, the bullish dominance at the 200-day EMA has been compromised resulting in a downtick in the 50-day EMA. With the increased chances of a death cross, the EMAs give a SELL signal for the Toncoin. Further, with the bullish resurgence with the bearish exhaustion and Durov’s bail, the TON price is moving up, 7.80% in the last two days. The TON price is trading at $5.53 with a Doji intraday candle despite a 98%% surge in trading volume. A bullish trend ahead can result in a price jump to the $6.11 mark if it exceeds the 200-day EMA in the short term. NOT Price Bull Cycle Amid Volatile Market With the bearish trend extension, the NOT price shows a falling wedge in the daily chart. The weekend correction for Notcoin aligns with the negative cycle within the pattern and tests the bottom support trendline. Further, the MACD indicator shows an intense bearish trend while positive crossover chances are improving. The altcoin has increased by 7.10% in the past two days and is currently trading at $0.0090. With a potential bull cycle ahead, the NOT price eyes the overhead trendline and the 50-day EMA. Further, approaching the bottleneck portion of the pattern, the TON price is ready for a decisive move and breaking the pattern. #Toncoin #Notcoin #TON #NOT #Altcoins $NOT $TON $BTC

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FLOKI: Double-Bottom Pattern – Next Big Investment with 20% Surge? 🔥BRED Airdrop Is live🔥 Claim Instant 50,000 BRED Tokens Worth Of $50 USDT, Instant Airdrop Is Live For Next 24 Hours, Join Airdrop On WWW.BREDTOKEN.XYZ FLOKI, the fifth-largest meme coin, is experiencing a price surge and bullish breakout despite bearish market sentiment. Let’s dive right in and see if we can make some profit! A bullish double-bottom pattern has been confirmed for FLOKI. This pattern often signals a potential trend reversal. Thankfully, FLOKI is now trading above its 200-day Exponential Moving Average (EMA) on the daily timeframe. This is generally seen as a bullish indicator. Some analysts predict a possible 20% surge to $0.00019 in the coming day. So we better be prepared! FLOKI’s Open Interest has risen significantly. It’s up 8% in the last four hours and 18% over the previous 24 hours. This surge in interest could lead to a price surge. If FLOKI reaches $0.000165, about $1.08 million of short positions might be liquidated. Whales hold 73.47% of the total FLOKI supply. Investors own 13.14%, while retail traders have 13.40%. This concentration of holdings could influence FLOKI’s price movements now and in the future. It all depends on how these numbers will be in a year from now. Current Price Analysis and Trading Volume FLOKI is currently trading near $0.000158. Its price surge has been over 2.5% in the last 24 hours. Trading volume has increased by 71% in the same period, which is an amazing feat. This indicates higher trader participation and supports the bullish breakout scenario. Potential Risks and Considerations for FLOKI FLOKI’s performance lately looks promising, but we recommend you don’t jump to conclusions. Doing so prematurely can mean losses. The market is as volatile as ever, and future crypto regulations might come into play. #Floki #FlokiInu #Memecoins #CryptoNews #TON $FLOKI $TON $BTC

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