A top Ethereum (ETH) rival is rallying out of a dip ahead of a highly anticipated network upgrade launching tomorrow. Peer-to-peer decentralized storage network Filecoin (FIL) is worth $6.22 at time of writing, up 27.5% in the last 24 hours. Last month, Filecoin announced the launch date of a major network upgrade called the Filecoin Virtual […]
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Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during the last seven days, continuing the defy crypto market trends. Last week, the development team behind Conflux, China’s sole regulatory-compliant blockchain, announced a partnership […]
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A crypto project that’s expanding its capabilities to include smart contracts and Ethereum Virtual Machine (EVM) compatibility is defying this week’s market pullback. The decentralized storage platform Filecoin (FIL) is up 5.1% in the last 24 hours, at $8.24. The altcoin has ignored this week’s macro economic fear and Bitcoin’s retracement, with a seismic 62% […]
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An altcoin backed by a pair of famous Bitcoin (BTC) billionaires is surging as the crypto project’s upgrade rapidly approaches. New data reveals that storage-focused blockchain Filecoin (FIL), which is backed by the Winklevoss twins, is skyrocketing as the protocol’s groundbreaking update looms. Filecoin climbed from a 24-hour low of $5.40 to $7.77, an increase […]
The post Altcoin Backed by Bitcoin Billionaires Surges 35% As Crypto Project’s ‘Groundbreaking’ Update Nears appeared first on The Daily Hodl.
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, worldwide, and especially in the crypto industry.” Protocol […]
A top crypto trader says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges. Starting with decentralized storage network Filecoin (FIL), the crypto analyst believes that there’s no resistance for the altcoin until it hits $5.80. “I think FIL is going to pull the same move COMP did. […]
The post Three Altcoins Are Flying Under the Radar and Primed To Absolutely Rip, Says Popular Trader appeared first on The Daily Hodl.
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 (ADA) Cardano (ADA) […]
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%. Dogecoin (DOGE) Dogecoin (DOGE) was […]
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 a third straight day. Uniswap (UNI) […]
Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writing, crypto markets are trading 1.03% higher. Avalanche (AVAX) Avalanche (AVAX) was one of Saturday’s notable gainers, as prices moved close to […]