Filecoin | Crypto Profit Bot

Top 5 cryptocurrencies to watch this week: BTC, XRP, LINK, BCH, FIL

April 17, 2022

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Bitcoin (BTC) and most major altcoins have been relatively quiet during the holiday period from Good Friday onward. This suggests that cryptocurrency traders are not initiating large bets during the period when the U.S. equities markets are closed. That could be because of the tight correlation between Bitcoin and the S&P 500 and the uncertainty […]

Flow integrates Filecoin storage services to make NFTs more decentralized

October 15, 2021

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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. 1450 Total views 15 Total shares Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a […]

Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA

September 5, 2021

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Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%. However, Bitcoin’s hesitation in the past few days has not […]

Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100

August 23, 2021

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Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running […]

Filecoin Foundation donates $10M in FIL tokens to Internet Archive

April 2, 2021

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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. 8168 Total views 37 Total shares The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation. According to […]

Filecoin gains 40% in 48 hours: What’s driving the massive FIL price rally?

March 17, 2021

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The price of Filecoin (FIL) has rallied by more than 40% in the past 48 hours, spiking from $53.538 to as high as $75 across major exchanges, reaching its highest point since October 2020. FIL is now the 22nd largest cryptocurrency with a market cap of over $4 billion. However, its circulating supply is 58 […]

The way forward for ICOs: Learn crypto from Biden’s SEC chair pick, part 1/3

January 19, 2021

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This is the first of a three-part series based on Gary Gensler’s extensive prior public statements on crypto. Links to parts 2 and 3 will appear here as they are published. As the heir-apparent to the Chair of the Securities and Exchange Commission, Gary Gensler’s most critical role in the future of crypto will be […]

Filecoin network suffers temporary outage

December 21, 2020

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The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. 3602 Total views 24 Total shares Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The […]

Gemini Exchange Building ‘Wrapped Filecoin’ for the Ethereum Network

November 10, 2020

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Nov 10, 2020 at 13:56 UTCUpdated Nov 10, 2020 at 13:59 UTC Gemini Exchange Building ‘Wrapped Filecoin’ for the Ethereum Network Cryptocurrency exchange Gemini is developing a “Wrapped Filecoin” (wFIL) service enabling the decentralized storage platform’s native token (FIL) to be used on the Ethereum network. In a company blog post on Monday, U.S.-based Gemini […]

Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

October 30, 2020

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Oct 30, 2020 at 19:46 UTCUpdated Oct 30, 2020 at 20:15 UTC Filecoin creator Juan Benet(CoinDesk archives) Filecoin miners are paying large investors an annual percentage rate as high as 40% to borrow FIL, the closely-held native token required to participate in the decentralized storage network. This dynamic has created a lending market and is […]

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Category: Filecoin