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Is Filecoin Price Going to Zero? FIL Sinks 5% as New Bitcoin Mining Protocol Gathers $5.5 Million in Funding – Next Big Thing?
20.12.2023
Leading decentralized file storage token Filecoin (FIL) has sunk -5%, leaving some panicked holders asking ‘is Filecoin price going to zero?’. The -5% drop appears to have been triggered by localized retracement moves, as Filecoin price shifts down to test supportive footing from...
Best Crypto to Buy Now November 13 – Celestia, Klaytn, Filecoin
13.11.2023
Major blue-chip crypto markets are mixed on Monday, with Bitcoin (BTC) dipping back into the mid-$36,000s and Ether (ETH) mounting a challenge of the $2,100 level once again, while most other major altcoins also pull back ahead of the release of key US inflation and retail sales figures later...
Best Crypto to Buy Now October 24 – Mina Protocol, Conflux, Filecoin
24.10.2023
The crypto market is heating up, with Bitcoin surpassing $35,000 for the first time since May 2022. As prices climb, investors are searching for the best crypto projects to buy now amid the bullish momentum. Experts are analyzing both established coins with sound fundamentals as well...
Best Crypto to Buy Now October 13 – Filecoin, IOTA, The Sandbox
13.10.2023
New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse.
Speaking to Alameda staff in Hong Kong last November, Ellison acknowledged the firm borrowed large sums from...
Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate
22.8.2023
According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...
Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme
16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme.
The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
Best Crypto to Buy Now 7 July – eCash, Filecoin, Polygon
7.7.2023
Crypto markets are generally flat or trading with a slight positive bias on Friday, with the latest US jobs numbers for June not having rocked the boat too much.
Bitcoin (BTC) was last around $30,000, ether (ETH) around $1,870, while the overall market’s capitalization was half a percent up around...
Crypto Storage Token Storj Rallies 43% Overnight as Trading Volume Surges
5.7.2023
The decentralized cloud storage protocol has seen its market value double this week
Best Crypto to Buy Now 3 July – Compound, The Graph, Filecoin
3.7.2023
Bitcoin (BTC) and ether (ETH) are both trading with a positive bias amid a quiet start to the week.
BTC was last hovering in the upper $30,000s, close to its recent highs above $31,000, while ETH just hit its highest level since May in the $1,970s, with the world’s second-largest cryptocurrency...
Best Crypto to Buy Now 31 May – Solana, The Graph, Filecoin
1.6.2023
The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes.
While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains...
SEC warns Filecoin 'meets definition of a security' — Grayscale
18.5.2023
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset "meets the definition of a security."
Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application
17.5.2023
The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin Trust product, the company revealed Wednesday
Is It Too Late to Buy Filecoin? Crypto Experts Give Their FIL Price Predictions
23.2.2023
FIL, the ticker for the Filecoin cryptocurrency that powers Filecoin’s decentralized storage blockchain protocol, has been taking a breather in recent days after enjoying spectacular gains earlier this month. FIL/USD was last changing hands around $7.75, now more than 18% down versus earlier...
Best Crypto to Buy Today 17 February – MEMAG, MATIC, FGHT, LRC, CCHG, FIL, RIA
17.2.2023
The cryptocurrency market experienced a significant decline on Thursday, with a net outflow of $35.215 billion causing the market cap to fall by 3.32% from $1.062 trillion to $1.026 trillion. This news comes as a blow to bullish investors who have seen the cryptocurrency market rally in recent...
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
5.2.2023
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn...
Filecoin Price Prediction - Watch Out For FIL Today as 15% Gain Yesterday
3.11.2022
FIL, the native token of the decentralized storage network Filecoin, has gained around 15% over the past 24 hours amid the news that Meta has selected a decentralized data storage solution to archive its creators' digital collectibles.
The token is currently trading at $5.96, up by 13.6% over...
Biggest Movers: ADA Rebounds, While FIL Hits 2-Week High on Saturday
3.9.2022
Despite a largely volatile session, there have been a few tokens which managed to evade the red wave. Cardano rose to its highest level in over a week to start the weekend, as prices moved toward a key resistance level. Filecoin was another notable gainer, climbing by over 12% on Saturday Cardano...
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
19.8.2022
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red. Filecoin was another notable mover, falling by nearly 20%....
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines
9.8.2022
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high profile tokens rose to multi-month highs. Filecoin was one such token, however it too declined today, falling for...