Price Analysis
Consolidation from BTC has opened the door for BNB, UNI, FIL and THETA to run higher.
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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.
- Analysis
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?
5587 - Price Analysis
Technical charts indicate that BTC, XRP, LINK, BCH and FIL may be on the verge of a sharp breakout, but traders are unsure of the direction.
14042 - Altcoin Watch
FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions.
12521 - News
Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network.
8833 - Price Analysis
BTC bulls are still trying to flip $50,000 to support and if this occurs LTC, FIL, FTT and MIOTA could rally higher.
34984 - Altcoin Watch
Derivatives data and recent protocol developments signal that retail traders have turned bullish on FIL.
22957 - Market Analysis
In the crypto market, it’s often the early bird that gets the worm. Here’s how two quant-style indicators flashed a bullish signal for FIL and NEAR.
12482 - News
Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC.
15669 - Altcoin Watch
The token emerged as one of the top performers in the cryptocurrency market — even as traders mass-dumped other assets.
28065 - Analysis
Filecoin’s sudden rise to the top 10 cryptocurrencies by market cap, however brief, points to its potential as it’s driven by community in China.
36488 - Market Analysis
Cointelegraph Markets Pro delivered a market-moving NewsQuake™ on Storj to subscribers this week, while the VORTECS™ Score picked up bullish conditions for Filecoin.
34677 - News
The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized Web.
12173 - News
Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.
16496 - News
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.
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