Toncoin's open interest (OI) jumped 67% on March 15, 2025, hitting $169 million after reports emerged that Telegram founder Pavel Durov left France.
The cryptocurrency market witnessed a significant rebound last week, ably supported by leading memecoins and Telegram-linked Toncoin. What happened: BNX, the native token of the GameFi platform BinaryX, topped the gainers list, exploding over 60% over the week.
Pavel Durov has been granted judicial approval to temporarily leave France—but what does this mean for Telegram's regulatory battle?
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.
The TON price has reclaimed the $3 mark with an over 20% spurt on Saturday, March 15. This price spike was triggered by the news of a French court approving the departure of Telegram founder Pavel Durov from France.
The high trading volume alongside the 25% price bounce in four days indicated short-term bullishness.
Toncoin's Open Interest (OI) surged by 67% in the past 24 hours, coinciding with reports that Telegram founder Pavel Durov has left France. The post Toncoin Open Interest Surges 70% as Telegram's Pavel Durov Reportedly Leaves France appeared first on Cryptonews.
The market is mainly bullish today, however, some coins remain in the red zone, according to CoinStats.
Toncoin (TON) has surpassed Stellar (XLM) in market capitalization following a 22% price surge, propelling TON up the cryptocurrency rankings. With a market capitalization of $8.59 billion, Toncoin ranks as the 14th largest cryptocurrency, ahead of Stellar's market capitalization of $8.37 billion.
Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai. TON/USDT weekly price chart.
Toncoin price has risen by 45% from its lowest level this month after Pavel Durov was allowed to leave France after months. Toncoin (TON) rose to a high of $3.6240 on Saturday, its highest level since Feb.
TON is among the few alts with notable gains over the past day.
Since the announcement of the release of Pavel Durov, founder of Telegram, Toncoin (TON) has experienced a spectacular rise of over 50%. The crypto market, responsive to good judicial news, reacted immediately to the delight ofTON enthusiasts.
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.
The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.
Telegram founder Pavel Durov, detained in France since last August, was granted temporary permission to leave the country for Dubai. Agence France Presse (AFP) first reported the news on Saturday.
Today, March 16, 2025, Toncoin (TON) is making waves in the cryptocurrency market following the release of Telegram founder Pavel Durov from France. While major assets struggle to gain momentum, TON has defied the market trend, registering a significant 16% price surge in the past 24 hours.
Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.
The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov's passport as a win for freedom of speech, online privacy, and innovation.According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country. "We have stood behind Pavel since his arrest on August 24, 2024," the TON Society wrote.
The price of Toncoin, a token associated with the Telegram network, jumped 20% on the news that Durov's passport was returned to him.
TON shot up from under $3 to $3.5 within minutes. Here's why.
Telegram founder Pavel Durov regained access to his passport, allowing him to travel freely.
The price of Toncoin (TON) surged by over 6% immediately following the release of Telegram founder Pavel Durov from France, where the embattled tech founder has been forced to stay since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days. Following the news of the Telegram founder's arrest in France on August 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.
Toncoin is making a strong comeback, surging 10% as buyers step in. After weeks of decline, the price is showing signs of recovery.
Toncoin [TON] may soon face a significant downturn, with 96% of its holders at a loss.
Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
BlackRock's tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets under management following a $200 million allocation from Ethena. Data from RWA.
BlackRocks tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets, driven by a $200 million allocation from crypto protocol Ethena, according to Securitize. Ethereum blockchain data from Arkham Intelligence confirmed a $200 million BUIDL minting at 18:47 UTC on Thursday.
BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.
Hedera (HBAR) has been experiencing a continued downtrend in price despite the broader market showing a bullish macro outlook. However, the short-term market conditions indicate that HBAR could face further declines in the coming days.
Toncoin (TON) has formed a bearish channel and could potentially jump to $6 or drop to $1.5, depending on the market conditions.
Hedera (HBAR) has dropped nearly 20% in the past seven days, but in the last 24 hours, it has rebounded by almost 5%, signaling a potential trend shift. While the broader trend remains bearish, key indicators suggest that buying pressure is increasing, and a reversal could be forming.
Toncoin (TON) has rebounded by over 3.5% on the cryptocurrency market in the last 24 hours. Despite this recovery, about 96% of TON addresses are running at a loss, a shocking shift from earlier this year, when it had more addresses in profits.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a synthetic stablecoin that maintains its value through collateralizing other stablecoins and holding futures positions, differentiating itself from directly fiat-backed stablecoins.
The SEC acknowledged Nasdaq's filing for Grayscale's HBAR Trust ETF, signaling growing institutional interest in Hedera and potentially paving the way for broader adoption of regulated crypto investment products. The post SEC Acknowledges Nasdaq Filing for Grayscale's HBAR Trust ETF appeared first on Cryptonews.
The investment aims to boost stablecoin adoption and crypto accessibility.
Avalanche (AVAX) was also a top performer, rising 4.2% from Tuesday.
The United States Securities and Exchange Commission has officially acknowledged Nasdaq's proposal to list and trade shares of the Grayscale Hedera Trust.
The cryptocurrency industry stabilised on Wednesday morning as some investors moved in and bought the dip. Banana Gun (BANANA) rose by over 42% to $15.7, bringing the seven day gains to 10%. Onyxcoin (XCN) token jumped by 17.15% to $0.01352, while Hedera Hashgraph (HBAR) jumped by 7% to $0.20.
On March 11, the U.S. Securities and Exchange Commission (SEC) acknowledged Grayscale's proposal to list its Hedera ETF on Nasdaq.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's application to list a Hedera (HBAR) ETF on the Nasdaq stock exchange. This step marks the beginning of a 21-day public comment period, after which the SEC will decide whether to approve, disapprove, or proceed with further review.
The SEC's acknowledgment of the Hedera HBAR ETF filing may indicate a growing acceptance of crypto investment products, potentially influencing future regulatory decisions. The post SEC acknowledges Hedera HBAR ETF filing from Nasdaq, Grayscale appeared first on Crypto Briefing.
Hedera's native token, HBAR, has recorded another day of losses, sliding 7% in the past 24 hours. At press time, the altcoin trades at $0.19.
Ethena surges 4.96% as derivative traders fuel momentum, while spot traders continue selling.