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
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.
FIL on the rise: Filecoin’s upcoming production cut alters tokenomics
Anirudh Tiwari
2021-04-10T10:47:00+01:00
33080
Analysis
Cointelegraph Markets Pro delivered a market-moving NewsQuake™ on Storj to subscribers this week, while the VORTECS™ Score picked up bullish conditions for File...
VORTECS Report: Storage coins rev up gains as Markets Pro rides the green wave
Cointelegraph
2021-04-04T18:24:22+01:00
33227
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 We...
Filecoin Foundation donates $10M in FIL tokens to Internet Archive
Helen Partz
2021-04-02T11:43:30+01:00
11744
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 fo...
Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share
Samuel Haig
2021-04-02T02:55:27+01:00
15584
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 ...
Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Ben Yorke
2021-04-02T01:18:06+01:00
15047
Markets News
Filecoin reached a $450 billion fully diluted market valuation as three major factors catalyzed a strong technical rally.
Filecoin market cap hits $450B after FIL price rallies above $230
Joseph Young
2021-04-01T22:50:00+01:00
35086
Price Analysis
If bulls can propel Bitcoin to a new all-time high, UNI, LUNA, THETA and FIL are likely to outperform their competitors.
Top 5 cryptocurrencies to watch this week: BTC, UNI, LUNA, THETA, FIL
Rakesh Upadhyay
2021-03-21T20:29:11+00:00
77740
Market Update
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price.
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
Jordan Finneseth
2021-03-17T23:22:47+00:00
34114

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