Price Analysis
LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.
6278
Filecoin News
Filecoin is a decentralized platform for data storage. The Filecoin project was launched by California-based technological company Protocol Labs in 2014. The main purpose of Filecoin is to create an efficient solution for storing data, which is based on protocols of decentralized network IPFS (InterPlanetary File System). IPFS was also developed by Protocol Labs to replace the existing HTTP with a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. According to Filecoin’s white paper, the main idea is that their users should install special software that allows them to store data on PC’s hardware. As a reward, users receive Filecoin and exchange them on other digital or fiat currencies. The Filecoin ICO was conducted in 2017. Filecoin mining is able to be done through their official software.
- News
Although utilization rose, protocol and supply revenue declined, as more providers slashed fees to incentivize adoption.
4002 - Price Analysis
SOL, AVAX, FIL and EOS prices are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level.
7245 - Analysis
Decentralized solutions can make academic research more secure and more accessible.
4004 - News
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying it believes its underlying asset is a security.
10076 - News
Depending on the metrics, the cost of decentralized file storage can be very low or significantly higher than Web2 counterparts.
7395 - Altcoin Watch
Future growth in blockchain gaming, NFTs and the need for more decentralized storage could eventually benefit FIL and AR price.
2990 - Price Analysis
BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL.
4051 - Market Analysis
This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency.
14587 - News
Crypto execs suggested that the “extremely challenging” times forced them to cut jobs to “weather this extended” crypto winter.
4842 - Price Analysis
Bitcoin could take a break from its sharp rally and if its price bounces off underlying support, APE, MANA, AAVE and FIL could break out.
5678 - Opinion
Cryptocurrency has evolved over the last decade, but Krugman is still hung up on Bitcoin's 2008 white paper.
9504 - News
The organization said that it intends to promote awareness and adoption of decentralized technologies, such as Filecoin, IPFS and Libp2p.
4097 - News
This free storage utility aims to address the shortcomings of traditional storage solutions for all types of digital environmental assets, said the company.
5886 - News
Three funds tracking Bitcoin, Ether and FileCoin have been issued interim stop orders by Australia’s market regulator due to “non-compliant” target market determinations.
3609