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Tornadocash

$TORN Spike 60% As US Treasury Drops Sanctions on Tornado CashThe US Treasury Department officially clarified that the Tornado Cash crypto mixing service is no longer on the Specially Designated Nationals (SDN) list. The move comes after a federal court in late 2024 passed a verdict that the immutable smart contracts on the protocol could not be regarded as “property” under the anti-sanctions law. The move prompted a rapid 60% surge in the value of the TORN token shortly after the announcement, a move that was contingent on the falling wedge pattern formed since the month of January, 2025. TORN Token Jumps Over 60% in Minutes The U.S. Treasury Department has delisted Tornado Cash today. The change was reflected in the updated Specially Designated Nationals (SDN) list maintained by the Office of Foreign Assets Control (OFAC). Ethereum addresses connected to Tornado Cash were also delisted. Following the announcement, the TORN token saw a dramatic price rise. It surged over 60% within minutes, with increased trading activity on major exchanges. Additionally, the 24-hour trading volume spiked by 950% to $1.79 million. Market analysts attributed the spike to renewed confidence in the protocol’s legal standing. Technical Outlook As of the time of writing, $TORN coin is up 48% trading within a bullish horizon after breaking out of a falling wedge pattern. While despite the bullish momentum, $TORN seems to have more room for a bullish surge as the 4hour Relative Strength Index (RSI) indicates $TORN isn't overbought at 66. A break above the $15 resistant point could spark another breakout to the recent January high of 2024 that constituted to the falling wedge pattern. Tornado Cash Price Live Data The live Tornado Cash price today is $12.97 USD with a 24-hour trading volume of $3,010,026 USD. Tornado Cash is up 51.70% in the last 24 hours, with a live market cap of $68,179,098 USD. It has a circulating supply of 5,257,564 TORN coins and the max. supply is not available.
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by DEXWireNews
1
TORN [high risk, high reward]Hello Traders, TORN is the only low cap/low supply token left on the BUSD market on Binance, and it can follow DEGO and FARM. Why? -Low cap -Tiny supply -Falling wedge on the weekly TF -Tagged with "Monitoring" on Binance, and as you know, most low-cap coins/tokens in this category were pumped recently. -Only the BUSD market and Binance might delist it and re-list on the USDT market. This is a high-risk, high-reward trade, so manage your risk accordingly. Please hit the boost button and follow me for more ideas. Thanks
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by ir0nhand
August 13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 3.13% over the last 24 hours and rose to an intraday high of $24,619.98. The relative strength index (RSI) is approaching the overbought level, indicating that bulls are currently dictating price movement. If buyers push the price above the overhead resistance at $24,930, the BTC/USDT pair could pick up momentum and rally to $28,000. Today’s Cryptocurrency Headline Dutch Authorities Arrest Suspected Tornado Cash Developer Dutch authorities arrested a developer suspected of involvement in Tornado Cash on Wednesday, according to a statement from the Netherlands Fiscal Information and Investigation Service (FIOD) today. The FIOD arrested an unidentified 29-year-old man in Amsterdam, and he is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies through the decentralized Ethereum mixing service Tornado Cash. The investigation is led by the Public Prosecutor’s Office for serious fraud, environmental crime and asset confiscation. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
TORN/USD - Major breakout while the market tanks! 🚨TORN is on a different plane with price making higher highs and higher lows while the overall market is posed to reach new lows. This is a sign of strength and TORN appears keen to break the key resistance level at $25 after pumping over 82% since its all time low. The momentum favors the bulls, but right not it may be difficult to have a major breakout considering BTC is falling and pulling all the market with it. Bias is bullish on this price action and indicators are looking healthy for buyers. Like and follow if you liked this idea!
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by DU09
1
🆓Tornado Cash (TORN) Mar-25 #TORN $TORN TORN just made a false break down to the $45 zone and then bounced back and turned the $45 zone into its new support. In April we can expect TORN to rise sharply to the $55 and $65 zones. However, if it loses the $45 zone, it might fall back to the $36 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 45$ zone 🔴Buy : 45 🔴Sell : 55 - 65 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 45$ zone 🔵Sell : 45 🔵Buy : 36 - 30 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
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by CryptoStation
$TORN / USD ( #TornadoCash) ... Getting close to a bottom.Hello Traders, Tornado cash has seen some recent spikes in volume. Seeing similar price action to previous bottoms before reversing to the upside. Patient traders will wait for a confirmation break above the 50 ema. Another layer of confirmation can be had by following the MACD and waiting for the momentum bars to flip green above the line. In the later stages of this bull run, extra precautions must be taken, which is why we wait for confirmations. Good luck!
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by MarkStPeter
TORN | Incoming Pump On Tornado Cash?Hello, everyone! I found the very interesting situation on Tornado Cash. I bought this coin as a mid term investment with the price $63, but now I see that the huge pump can be sooner than I suppose. TORN is forming the huge accumulation with the higher lows and multiple tests of Supply Zone. If this zone will be broken the quick pump to the $142 is anticipated. The support line breakdown means that the bears took control and the downtrend started. If you want to trade TORN you can put your stop-loss below this line, but I' am a Tornado Cash Investor. I bought just 25% of the desired volume and will be able to buy more at lower prices. You can choose your approach by your own. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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by Skyrexio