𝐇𝐈𝐑𝐓𝐄𝐀𝐌 | 𝐎𝐅𝐂 𝐂𝐄𝐋𝐄𝐒𝐓𝐈𝐀 Ʃ𝐏𝐈𝐏𝐇𝐀𝐍𝐘

𝐇𝐈𝐑𝐓𝐄𝐀𝐌 | 𝐎𝐅𝐂 𝐂𝐄𝐋𝐄𝐒𝐓𝐈𝐀 Ʃ𝐏𝐈𝐏𝐇𝐀𝐍𝐘

𝐇𝐈𝐑𝐓𝐄𝐀𝐌 | 𝐎𝐅𝐂 𝐂𝐄𝐋𝐄𝐒𝐓𝐈𝐀 Ʃ𝐏𝐈𝐏𝐇𝐀𝐍𝐘 Telegram | DID YOU KNOW?

That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. The original Telegram channel has expanded into a web of accounts for different locations, including specific pages made for individual Russian cities. There's also an English-language website, which states it is owned by the people who run the Telegram channels. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. He adds: "Telegram has become my primary news source."
𝐇𝐈𝐑𝐓𝐄𝐀𝐌 | 𝐎𝐅𝐂 𝐂𝐄𝐋𝐄𝐒𝐓𝐈𝐀 Ʃ𝐏𝐈𝐏𝐇𝐀𝐍𝐘 from ru

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