Cryptocurrencies are still doing well in the first few weeks of 2023, and it comes as no surprise that many people are looking for reliable digital assets to invest in. For the final week of January, we have picked top 5 cryptos that have a strong potential to maintain their double-digit gains as the month wraps up. These cryptocurrencies have have all amassed...
The India Blockchain Week 2022 was organized from November 29th to December 7th in Bangalore. As per the report, the main objective of this event is to facilitate young...
Top 5 Altcoins to Watch in November 2022: Cryptocurrency markets can be daunting sometimes. Currently, crypto-winter is in full swing. But that doesn't mean that you can't make some money in the market. If you're an experienced player in the market, these are the top altcoins that you should watch... Read more
Filecoin launches Web3 data storage solution for carbon offsets. According to the company, this free storage tool aims to address the drawbacks of conventional storage solutions for all kinds of digital environmental assets. A project to use verifiably clean energy to power Web3 technology has been led by Filecoin Green, a Protocol Lab endeavour to […] The post...
For several months, the cryptocurrency industry has been in a bear market. It is a period of extreme market volatility and negative crypto prices. As a result, several crypto players find it hard to go about their activities and are turning to several strategies to relieve the pressure.
Regarding blockchain technology, file sharing is a vital aspect of all functionality, and Filecoin is a pioneer in the sector. The distinctive approach for this process is the decentralized nature of maintaining the process. Decentralized file sharing replaces the single-server method by storing data on several nodes or servers in a network. It then becomes impossible to lose information when a single node...
The FIL price resonated within the symmetrical triangle portion of the pennant pattern for the past three weeks. The sellers...
For nearly three weeks, the FIL price has been wavering in a no-trading zone, following the consolidation phase of the pennant pattern. Today, the coin price shows a 2.6% jump and rechallenges the...
In a new development, LongHash Ventures will launch a $100 million investment fund for the decentralized Web3. With more innovative products, projects, and applications, the crypto space is growing in leaps and bounds. Furthermore, blockchain technology has created more opportunities for extraordinary accomplishments in the industry and other sectors. Yet more advancements and developments are still ongoing in the crypto space. It announced...
Over the past three months, the Filecoin (FIL) price action has shaped into a cup and handle pattern. The $5 psychological level formed the bottom support for this pattern and bolstered a new recovery...
The Filecoin (FIL) price shows a sudden bullish reversal after retesting the $8 mark displaying a...
Filecoin has been recording gains even amid the retracement that has been happening in the market. The token has not only been one of the few to be in the green over the past day, but it has also seen double-digit growth during this time. This raises the question of why a token that usually tends to fly under the radar has now...
Filecoins FIL is up 19.4% today. Filecoin Jumps on Market Rally Filecoin is outperforming the rest of the cryptocurrency market. The decentralized storage networks FIL token has jumped 19.4% today,...
A token presale can be considered to be the optimum opportunity to invest in a cryptocurrency. It can be a wholesome feeling when you choose a project from its conception right through to its completion. Then when you reap the benefits of your trust, it's truly a rewarding experience. Aside from the sentimental virtues that make the journey with a project so wholesome,...
Decentralized data management is one most promising use cases of blockchain. Since the early days, many projects have experimented with the technology and have tried to build solutions that can harness the power of blockchain. Some notable projects include Sia and Storj. Nowadays, projects like Filecoin and Arweave have gained considerable traction. The projects that are built on these protocols are cheap, secure,...
The year 2022 has been a harsh one on the cryptocurrency market. Most altcoins are down by an average of 50% since their highs in November 2021. However, the market currently reached its low and many cryptocurrencies present an attractive opportunity to buy. It is always a good idea to buy an asset that depreciated in value momentarily before continuing its uptrend. That's...
Over the last few days, the crypto market has continued to post bouts of declining performances across different tokens. Although the market has been attempting a comeback, the tokens show slight signs of a bullish move. About eight of the top ten tokens are seeing a declining run in the last few days. A typical example is Bitcoin which has been in the...
The recent bear cycle from the $27 resistance tumbled the FIL price by 32%. The altcoin hit $16.7 bottom support, undermining the late march rally. If the coin price sustains above the mentioned support, the FIL price will rechallenge the $27 resistance. Key points: The flattish 50-day SMA reflects a range-bound rally. The FIL price...
Filecoin price fell with the cryptocurrency market back in April 2021 without any proper correction. This descent happened in the shape of a descending triangle. This formation usually proves a trend continuation, which is most traders liquidated their FIL tokens. However, Filecoin price showed a strong bullish formation. This might bring renewed hope for this cryptocurrency. Will Filecoin rise again? Can FIL reach...
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