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Showing posts with the label telegram

This crypto rallies 16% after Elon Musk’s $300 million deal

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Toncoin (TON) is experiencing strong buying pressure, surging over 15% as investors react to news of a partnership between xAI and Telegram. At press time, TON was trading at $3.47, up 15.65% in the last 24 hours. On the weekly chart, the token has gained nearly 12%. Meanwhile, Toncoin’s market cap has climbed to $8.68 billion, up from $7.45 billion just 24 hours earlier. TON one-day price chart. Source: Finbold The renewed momentum comes after xAI, the artificial intelligence (AI) company founded by Elon Musk, announced a partnership to integrate its Grok chatbot into the Telegram messaging platform. The one-year agreement between xAI and Telegram marks a significant step for both companies. Under the deal, Telegram will receive $300 million in a mix of cash and equity, along with 50% of all revenue from xAI subscriptions sold through the platform. How Grok in Telegram will operate  Grok will be fully embedded in Telegram’s apps and accessible dire...

Telegram to Share User Data for Legal Requests After CEO Arrest

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Following the apprehension and subsequent release of CEO Pavel Durov, Telegram will share user data with authorities in compliance with legal requests. Indeed, Durov’s arrest has sparked a renewed focus on eliminating criminal activity from the platform. Compliance with investigations is one of its most significant changes. Durov was arrested by French officials following his failure to adhere to its ongoing probe into the platform. On Monday, he noted that the app had taken steps to remove “problematic content,” as it ramps up efforts to eliminate those who “violate terms of service,” and abuse the messaging applications. Source: CNBC Also Read: Toncoin Rebounds as Telegram Founder Breaks Silence on Arrest Telegram Begins Crime Crackdown as It Promises to Share User Data With Government The continued efforts to limit illegal activity on Telegram have continued. The platform made headlines in August when its CEO and co-founder was arrested. Pavel Durov was ...

Toncoin Defies 41% Drop, Poised to Skyrocket to $7!

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Toncoin (TON) has avoided a big price drop, and nobody expected it. This has sparked a new level of interest from crypto investors. The coin, which linked to Telegram, has shown strength in a very demanding and risky market. Analysts now predict it could reach $7 if it successfully breaks the $6.04 barrier. Also Read: Shiba Inu Member Explains How SHIB Can Reach $0.01 TON Defies Drop: Toncoin Price Prediction and Potential to Skyrocket Source – Asia Crypto Technical Indicators Signal Bullish Momentum Source: TradingView Recent market Analysis reveals promising signs for Toncoin’s future performance. The Moving Average Convergence Divergence (MACD) indicator is showing a double-bottom bearish divergence, often interpreted as a precursor to a price uptick. This technical formation is being closely watched by traders, and the WatcherGuru team as well. Scroll down to learn more! The MACD suggests less downward pressure. A bullish crossover may be coming. This could help Toncoin...

Toncoin price hikes by 13% amid Telegram support

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Toncoin, the native crypto of The Open Network, witnessed a 13% amid news on Telegram messenger support . TON aims to reach 30% of Telegram users by 2028. The native cryptocurrency of The Open Network, Toncoin (TON), price has finally gained traction after a week of downward movement. The rally comes as the layer-1 network witnessed a notable incline in development activity. TON gained 13% in the past 24 hours and is trading at $1.92 at the time of writing. The asset’s market cap currently stands at $6.58 billion, making Toncoin the 11th largest cryptocurrency. Per data provided by Santiment, TON’s 24-hour trading volume saw a 73% rise, reaching $49.6 million. TON price, social volume and whale activity – Sept. 13 | Source: Santiment Moreover, the development activity of TON rose by around 5% over the past week.  According to a tweet by TON Daily News, Telegram Messenger now support s Toncoin, allowing the 800 million Telegram Wallet users to utilize TON. However, the...