$TON Coin would reach $1 soon due to the reasons: - Toncoin (TON) experienced an 8% price surge within an hour following Telegram founder Pavel Durov's relocation to Dubai, which resolved legal challenges he faced in France. - Durov, who was arrested in August 2024 over alleged criminal activities associated with Telegram, posted a $6 million bail but remained under travel restrictions until March 2025. - His unexpected move to Dubai reignited optimism for TON, which is closely linked to Telegram’s ecosystem. Despite a 46% decline over the past 90 days, TON maintained support within an ascending channel at $2.90. - The recent price increase pushed it above the 150-day moving average ($3.30), with the 100-day moving average ($3.91) now acting as the next resistance level. - A clear breakout above $3.91 could potentially drive the price toward $5, while a drop below $3.30 might lead to a period of consolidation. #TronNetwork #Write2Earn
#TONRally $TON Coin would reach $1 soon. Toncoin (TON) went up 8% in an hour after Telegram founder Pavel Durov relocated to Dubai, resolving legal hurdles in France.
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Pakistan Established Crypto Council to Regulate Blockchain, Digital Assets
- The government of Pakistan has officially established the Pakistan Crypto Council (PCC) to oversee and integrate blockchain technology and digital assets within the nation's financial system, as stated by the Finance Division.
- This announcement comes on the heels of the recent appointment of Bilal bin Saqib as the Chief Advisor to the Finance Minister for the council. The PCC is an initiative supported by the government, aimed at regulating, fostering, and integrating blockchain and cryptocurrency advancements into Pakistan's economic infrastructure.
- According to a statement from the Finance Division, the creation of this council marks a crucial milestone in the country's quest to embrace digital finance, positioning Pakistan as a significant contributor to the global transition toward blockchain technology.