Crypto News

Global economic tensions and shifting trade policies continue to create volatility across cryptocurrency markets, with TON experiencing significant downward pressure.The token's recent price action has formed a descending channel with consecutive lower highs and lows, breaking below key support levels on high trading volume. Meanwhile, competing blockchain projects are gaining attention as investors seek alternatives amid market uncertainty, with some analysts projecting potential recovery for TON if it can establish support at current levels.Technical Analysis HighlightsTON formed a descending channel with consecutive lower highs and lower lows over the past 24 hours.Price broke below the critical $3.00 psychological support level during hours 9-12 on high volume (3.96M), indicating strong selling pressure.A notable volume spike (4.43M) during the final trading hour...

Bitcoin is currently priced at $102,554 with a market capitalization of $2.03 trillion. The 24-hour trading volume reached $47.58 billion, and the intraday price range fluctuated between $102,126 and $107,115. Bitcoin A recent rejection from the local high of $107,115 signals a significant turning point, especially with heightened selling pressure seen across all major timeframes.Source link

Roman Storm's defense team wants to know if the U.S. Department of Justice is withholding any information that may help the Tornado Cash developer's case.In a letter filed late Friday, defense attorneys said recent disclosures in another, somewhat similar, case raised concerns that prosecutors either misled the judge overseeing the case or otherwise was playing "fast and loose.""The defense recently learned that the government has possessed exculpatory materials since August 2023 that go to the heart of a fundamental issue in this case: whether a noncustodial cryptocurrency mixer is a 'money transmitting business' for purposes of 18 U.S.C. § 1960," the filing said. "The government’s failure to produce those materials in the fall of 2023, when Roman Storm was indicted...

Bitcoin has had a choppy start to the week tapping $106,000 before falling to $102,450 in a matter of hours.Source link

Tel Aviv, Israel, 19th May 2025, GamingWireSource link