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Bitcoin just can’t catch a break these days as another leg down pushed it south to well below $62,000 earlier today, and the subsequent recovery attempt was halted in its tracks. The altcoins have bled out again, heavily, and the total crypto market cap has plunged toward.
Bitcoin’s price decline from earlier this week was not a one-time thing, as the asset’s troubles intensified in the past 12 hours or so with another fresh nosedive to a multi-month low. BTC dragged most alts with it, liquidating more than 270,000 over-leveraged traders in the.
The TON Foundation is rebranding its native token from Toncoin to Gram, reviving the name attached to Telegram’s original 2018 blockchain project and signaling a deliberate push to convert the messaging platform’s 900 million monthly active users into on-chain participants. The.
TON Price Pumps After Telegram CEO Says Token Will Be Rebranded to Gram Years after abandoning its crypto network plans in the face of regulatory scrutiny, Telegram has taken control of The Open Network —and now plans to embrace the original planned name for the Toncoin (TON).
Durov said the transition will take about three weeks, with TON keeping the blockchain name while Gram returns as the native token.
The cryptocurrency market continues into the weekend on a calmer note following what was surely a rather volatile week of trading. Bitcoin’s price is attempting to stabilize near an important short-term resistance area, while some altcoins are outperforming sharply, led by.
