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goozerin / Bitnews
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2024-08-26 16:27:09

goozerin on Nostr: "Telegram in Turmoil: Pavel Durov's Arrest Sends TON Plummeting" ...

"Telegram in Turmoil: Pavel Durov's Arrest Sends TON Plummeting"


While US Federal Reserve Chairman Jerome Powell sent the crypto market northward, one coin took a significant hit: TON. The arrest of Telegram CEO Pavel Durov raises questions about the future of the closely linked blockchain project. Last week, the world was eagerly watching Jackson Hole, where central bank representatives gathered. The highlight was a speech by US Federal Reserve Chairman Jerome Powell. As markets had hoped, he hinted at a potential rate cut on September 18. Bitcoin and other risk assets have surged in recent days in response. šŸ“ˆ

Telegram in jeopardy: What this means for TON A less favorable event was the arrest of Telegram founder Pavel Durov at Paris airport. He is accused of violating the EU's Digital Service Act with his messaging service. The TON blockchain, closely associated with Telegram, is also suffering from the consequences of the arrest, with its price dropping by up to 20% at its peak. šŸ“‰

#bitcoin #ton #crypto #invest
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