First message from Durov after the release. Read it.
"❤️ Thanks everyone for your support and love!
Last month I got interviewed by police for 4 days after arriving in Paris. I was told I may be personally responsible for other people’s illegal use of Telegram, because the French authorities didn’t receive responses from Telegram.
This was surprising for several reasons:
1. Telegram has an official representative in the EU that accepts and replies to EU requests. Its email address has been publicly available for anyone in the EU who googles “T
"How to spot and avoid bear traps in Crypto market?"
Spotting and avoiding bear traps in the crypto market can be tricky due to the high volatility and emotional trading involved. However, there are a few strategies and indicators that can help traders identify and steer clear of bear traps:
How to Spot a Bear Trap 1. Volume Analysis: - Low Volume on Price Drops: In a bear trap, the price may decline sharply but with lower-than-usual trading volume. This indicates that the drop may not have strong conviction behind it, suggesting it's not a t
In the context of the cryptocurrency market, a bear trap refers to a false signal indicating the reversal of a rising price trend, which tempts traders to believe that the market is entering a bearish phase (decline). Here's how it plays out:
1. Price Decline: The price of a cryptocurrency starts to drop, making it appear as though a significant downtrend is beginning.
2. Investor Reaction: Traders and investors, anticipating further decline, may sell off their holdings to avoid losses or ev
Meme coins are a type of cryptocurrency that originate from internet culture, jokes, or memes, often lacking serious use cases or intrinsic value initially. Despite this, they have garnered significant attention due to their community-driven nature and viral marketing.
Key Features of Meme Coins: 1. Community-Driven: Meme coins typically thrive on social media hype and the enthusiasm of their communities. Online communities such as Reddit, Twitter, and Telegram play a pivotal role in driving t
What might have triggered the unexpected shake out in the market?
Nvidia has played a significant role in the cryptocurrency space, primarily through its GPUs, which are highly sought after for crypto mining. Nvidia's recent 9.5% drop in stock value has been a major event in the financial markets, marking one of the largest single-day losses for the company. This dramatic decline, equating to a loss of $278.9 billion in market capitalization, has raised concerns among investors and analysts.
Exciting developments are lighting up the crypto world this September! One of the most buzzworthy events is the anticipated approval of multiple Bitcoin Spot ETFs in the U.S., which could inject billions of dollars into the market and bring a new wave of institutional investors. This regulatory clarity is expected to boost confidence and potentially drive prices upward. Additionally, major conferences like Token2049 are set to reveal groundbreaking innovations and partnerships, likely leading to
The cryptocurrency market in September 2024 presents a mix of cautious optimism and strategic shifts. Bitcoin has been on a volatile journey, recently slipping below $59K but showing signs of recovery, with some predictions suggesting it could reach as high as $86K by the end of the month. Ethereum, on the other hand, is trading around $2,683 and might see a slight uptick due to the launch of Ethereum ETFs, which could push it close to $2,898
One key trend to note is the increasing focus on modular blockchains, which allow different blockchain components like data availability and smart contract execution to be handled by specialized networks. This shift is gaining traction, with platforms like Celestia leading the way. However, traditional integrated blockchains like Solana still hold a significant position in the ecosystem
On a broader scale, the crypto landscape is also seeing a growing push towards de-dollarization, especially with geopolitical shifts and economic pressures in the U.S. While the U.S. dollar remains dominant, the role of cryptocurrencies as a global, supranational asset is becoming more prominent in discussions about future financial systems
Overall, the market is navigating through a phase of cautious recovery with Bitcoin and Ethereum leading the charge, while innovations in blockchain technology and the broader economic context continue to shape the narrative for the rest of the year. #CryptoMarketMoves #BlackRockETHOptions
TON (The Open Network) is a decentralized blockchain project originally developed by Telegram. Here’s a comprehensive overview of TON: 1. Origins and Development: Telegram’s Involvement:TON was initially developed by the team behind Telegram, the popular messaging app. The project was designed to be a fast, secure, and scalable blockchain network. However, due to regulatory challenges with the U.S. Securities and Exchange Commission (SEC), Telegram was forced to abandon the project in 2020.