The top five tokens on the TON chain are TON, USDT, CATI, NOT, DOGS, with 19.39 million, 1.54 million, 1.09 million, 2.86 million, and 5 million addresses on the chain. In comparison, Ethereum's top Memecoin PEPE has only 280k addresses on the chain, which shows the huge number of users on the TON. By @sankin_eth : Wu Blockchain News
🇮🇳 MADRAS HIGH COURT PROTECTS CRYPTO HOLDERS’ ACCOUNTS
India’s Madras High Court ruled that police can’t freeze entire bank accounts in crypto-related fraud cases—only the specific amount under investigation.
This decision came after an individual’s account was locked for a year, with ₹9.69 lakh stuck.
Judge Jayachandran stated that freezing whole accounts is excessive and unlawful.
Bitcoin has failed the recent retest and is now attempting to reclaim the ascending triangle's trendline. A bullish confirmation would occur if today's candle closes above the trendline, signaling strength. On the other hand, a close below the trendline would confirm further bearish momentum. $BTC #CPI_BTC_Watch #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO - @Theblue_whale
NEW: 🇻🇪 Leader of Venezuelan Opposition says "We are grateful for the lifeline that #Bitcoin provides and look forward to embracing it in a new, democratic Venezuela." 🙌
ETC has formed a bullish bat pattern on the daily timeframe, indicating the potential for an upward bounce. However, if ETC breaks down and retests the horizontal support, the pattern will be invalidated. $ETC #DOGSONBINANCE #TON #PowellAtJacksonHole #TelegramCEO -
BTC.D is currently retesting above the ascending triangle pattern. A successful retest would confirm a bullish breakout, while a failed retest could indicate an impending correction. It's important to note that BTC.D typically moves inversely to the alts market cap. $BTC #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO
Starting next week, Russia will begin testing cross-border cryptocurrency payments under new regulations, with the central bank leading the initiative.
This move restricts crypto usage domestically while permitting it for international transactions only, aiming to bypass Western sanctions.
The effectiveness and visibility of these transactions in the global crypto market are yet to be determined, as Russia explores these digital avenues to mitigate economic pressures.
⚠️🚨XRP bulls emerge: Is a rally towards $0.64 on the horizon?🚨⚠️
XRP has shown signs of a comeback, as it increased by 4% after a successful retest of the critical support of $0.5557.
The price action of XRP indicated a recovery from $0.5557, which had acted as a significant level of support and resistance for the previous price.
The retesting of this level as per the bullish scenario reinforces the intention of the bulls.
XRP had declined by 12% before the current bullish run. This building bullish momentum is a positive sentiment that may lure the big players into the market.
Source: TradingView
The stochastic RSI has recovered from below the boundary of an oversold zone, suggesting that any other increase in the price might be incoming.