Tornado Cash 價格TORN

A US federal court has officially overturned its previous support for the Treasury’s sanctions on Tornado Cash. This has dealt a blow to the Office of Foreign Assets Control (OFAC) and given privacy advocates something to toast. The ruling suggests that OFAC’s original sanctions violated the Administrative Procedure Act. The old legal framework basically implied that “follow the rules, even if you’re the government.” As of now, the OFAC is legally barred from reinstating its old sanctions and it cannot reimplement them unless they do it by the book. Coinbase legal head, Paul Grewal in a X post, mentioned that the 5th Circuit court ruled against the government in November, but it has been repeatedly trying to avoid entry of a final judgment in the Tornado Cash case. The defendant in the case, the Department of the Treasury, had asked the court twice for long delays before claiming the case was moot, where no final judgment was needed. It was done by the defendant as they had chosen to remove Tornado Cash from the Sanctions List in “their discretion.” Grewal highlighted that the court said no to this nonsense and OFAC is now legally prohibited from reinstating the original sanctions. He congratulated the plaintiffs and commended their courage to stand up to their own government for their rights under law. Reacting to the major win, Tornado Cash (TORN) price increased by over 7% in the last 24 hours. TORN price has surged by 201% in the last year. It is trading at an average price of $7.93 with a trading volume of $132k. Meanwhile, it is still down by 98% from its all time of $437, recorded on Feb 13, 2021. The global digital assets market remained calm on Tuesday morning as the Bitcoin price still hovers around the $94K-$95K zone. The cumulative crypto market stood at $2.98 trillion moving towards the much-anticipated $3 trillion mark. Tornado Cash was sanctioned in 2022 for allegedly laundering crypto for North Korea’s Lazarus Group and now it got a breather. Documents mention that Plaintiffs moved for an entry of final judgment on February 3, 2025, where they requested the court to issue a revised final judgment. However, the Defendants indicated their intent to respond and filed on March 18, asking for additional time. In a scathing order, the court said you can’t just hit the “moot” button and reset the board when you’re losing. The sanctions were meant to be fully litigated and so pausing the game and flipping the rules, that’s not how constitutional authority works. The court cited the US Supreme Court’s recent decision in FBI v. Fikre (2024) that a live case or controversy cannot be so easily disguised, and a federal court’s constitutional authority cannot be so readily manipulated.” As a result, the court granted the Plaintiffs’ Motion for Summary Judgment under the Administrative Procedure Act and denied the government’s corresponding motion, vacated its earlier final judgment. However, it confirmed that it will issue a new final judgment setting aside the agency’s determination as unlawful. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

SignalPlus Macro Analysis: The Tariff-Torn M2 Narrative and the Return of TradFi-Style FOMO

#HBAR, this one portrays very well what most of the GREAT Altcoins are doing right now. It recovered the crucial support in the green area of ​​the chart around $0.17 which now leaves us in a good position to attack the gray region higher up, around $0.25. Note that HEDERA was one of the very few altcoins that preserved good profits throughout this market decline that has lasted around 4 months. This green region on the chart is a support that should be maintained until next week and then we can say: WE ARE BACK. What impresses me about HBAR is not the fact that it is so strong while many others have been torn apart, what really impresses is the partnerships that it is constantly forming, mainly with the ongoing tests on SWIFT, the partnership with the US Government for the FEDNOW system and some that are still being concluded. Every week we have news about HBAR, it's impossible not to be optimistic about this one. For this reason, I don't care about where its price is now or even when it was lower, the success of HBAR is evident. I could mention things here that are already public, such as its ETF application that should have been approved this week, but unfortunately today the SEC asked until June 11th to give a response on this. Of course, it wasn't a bitter action because our dear Atkins arrived as SEC chairman 2 days ago, so if he needs a little more time, he can have a little more time, after all, he is one of the people we are sure will be in our favor, and he will certainly be involved in this future decision. Another point here is the acquisition of TIKTOK, we are still fighting for this purchase, and it seems to me that AMAZON has indeed left the game and if it has left the game, then HEDERA's chances have increased significantly. This purchase would put us on another level. Few Altcoins can and are making history like HBAR, the top is very limited in this cycle, know how to choose intelligently.

The cryptocurrency community saw a major shift on March 21 as the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) officially removed Tornado Cash, an Ethereum-based privacy tool, from its sanctions list. The decision to lift the sanctions comes amid a broader shift in U.S. crypto policy under the Trump administration, which has taken a more favorable stance on digital assets. With several prominent crypto advocates appointed to senior government positions, the administration has signaled a move toward a more crypto-friendly regulatory approach. Tornado Cash is a decentralized protocol designed to enhance transaction privacy on the Ethereum blockchain by allowing users to mix their funds, making transaction trails harder to trace. In August 2022, the U.S. Office of Foreign Assets Control (OFAC) sanctioned the protocol, accusing it of facilitating the laundering of over $7 billion in cryptocurrencies, including $455 million allegedly linked to North Korean hackers, the Lazarus Group. This marked the first time a decentralized protocol faced such sanctions, igniting debates over the regulatory reach of open-source software. The sanctions against Tornado Cash faced strong legal opposition from its users, backed by major industry players like Coinbase . Plaintiffs argued that OFAC had overstepped its authority, as Tornado Cash’s immutable smart contracts could not be classified as “property” under the International Emergency Economic Powers Act (IEEPA). Their argument gained traction, and in November 2024, the Fifth Circuit Court of Appeals ruled in their favor, stating that OFAC had indeed exceeded its statutory authority by sanctioning the protocol’s smart contracts. Following the court’s decision, OFAC conducted a review and ultimately removed Tornado Cash from its Specially Designated Nationals (SDN) list. Treasury Secretary Scott Bessent reaffirmed the department’s commitment to combating illicit cyber activities, particularly those tied to North Korea, while acknowledging the rapidly evolving nature of decentralized technologies. Meanwhile, legal proceedings against Tornado Cash developers continue. As CNF reported in February, Alexey Pertsev, one of the protocol’s developers, was released though he remains under house arrest and electronic monitoring after being arrested in May 2024. Prosecutors had accused him of facilitating money laundering through the platform. His colleagues, Roman Storm and Roman Semenov, face similar charges. Storm is set to stand trial in July, where he risks a maximum sentence of 45 years if convicted. The lifting of sanctions had an immediate effect on TORN’s market performance. The token’s price skyrocketed by over 60%, climbing from $7.50 to intraday highs of $15.23, reflecting renewed investor confidence and optimism about the protocol’s regulatory future. As of now, TORN is trading at $11.42 , still down 97.08% from its all-time high of $436.16, recorded on February 13, 2021. The token’s trading volume has surged by an astonishing 1,850.08% in the last 24 hours, reaching $3.5 million, while its market capitalization saw a more modest 36.75% increase to $60.35 million. With an increase of 50.90% over the past week, TORN has outperformed the broader cryptocurrency market, which has faced a 0.40% surge over the same period.

As Bitcoin brushes against $85,000, a quiet tension stirs the markets. Behind this apparent resistance lies a paradoxical movement: “whales” are silently preparing their offensive. Their strategy? Massive bets on the downside, despite a technical rebound that would make optimists dream. A risky game, indicative of unprecedented distrust, but also of an invisible battle where every dollar counts. Strategy of the man. The recent rebound of Bitcoin to $87,000 has sparked a fleeting hope. Yet, data from Alphractal delineates another reality: big holders have taken advantage of this rise to lock in their gains… and open record short positions. A brutal, almost cynical turnaround. As if these actors, accustomed to reversals, see in every ascent an opportunity for a fall. This distrust is explained by a rising financial leverage, signaling an overheated Bitcoin market. The Aggregated Open Interest/Market Cap Ratio, a key indicator, is dangerously climbing. Bets with leverage are multiplying, creating a powder keg ready to explode at the slightest shock. Cascade liquidations are looming, reminiscent of past crashes where excess confidence precipitated the falls. But why are these seasoned investors defying the trend? Perhaps they anticipate a technical pullback after a consolidation that’s gone on too long. Or, are they fearing an unstable macroeconomic environment — stubborn inflation, geopolitical tensions? In any case, their massive movement weighs like a sword of Damocles over the prices. In the shadow of bearish bets, one signal intrigues: whale wallets have grown by 62,000 BTC since March. Discreet accumulation or mere repositioning? IntoTheBlock highlights this contradiction. Some see it as a sign of long-term confidence, despite current turbulence. As if major players are already preparing for the post-crisis period, playing across multiple timelines. Technical analyst Captain Faibik adds fuel to the fire of the optimists. His thesis? A “Falling Wedge” in formation, a chart pattern heralding an explosive rebound. According to him, 10 to 15 days of consolidation would be enough to propel Bitcoin towards $109,000, shattering its ATH. An enticing scenario, but one that assumes a clear break from current resistance and, above all, a market capable of withstanding the manipulations of big holders. A crucial question remains: who, algorithms or whales, will dictate the next trend? On-chain and technical indicators clash, creating unprecedented uncertainty. Small investors are navigating through murky waters, torn between the fear of missing the rebound and the dread of a bearish trap. Bitcoin today embodies a fascinating duality. On one side, large investors, armed with their short positions, are betting on a collapse. On the other side, technical and on-chain signals suggest historical potential. This tension illustrates a market in search of bearings, where each actor shapes their own vision. On the institutional side, 83% intend to increase their exposure to cryptocurrencies .