Latest News

In the fast-evolving realm of cryptocurrencies, Filecoin has recently made headlines through its strategic integration with Sushi, a move that's shaking up the crypto landscape and fostering anticipation among enthusiasts and investors alike. The integration aims to enhance liquidity, promote decentralized storage, and introduce exclusive NFT giveaways, marking a significant milestone for both platforms.

The notable growth of Filecoin is underpinned by various key metrics, with trading volume being a significant factor. Recent data indicates a renewed sense of optimism among market participants, with the overall trading volume in the past 24 hours spiking by 77% to $405,508,100.

Filecoin (FIL) maintained an upside stance over the past month. It jumped 16% over the past day to $5.49. The alt gained over 30% and around 70% within the past week and 30 days, respectively. Meanwhile, the altcoin seems poised for continued rallies following its latest breakout.

Filecoin (FIL) is surprisingly leading the altcoin charge today as the price jumped as high as 17.2% to $5.41, marking one of the coin's most impressive daily surges in the past month. This growth has further extended the positive outlook of Filecoin in the past month, where the coin has soared as high as 32.47%.

FIL, the native cryptocurrency of the decentralized storage platform Filecoin, is making big moves gaining 16% in the last 24 hours and shooting all the way to $5.5 levels. Amid the current rally, FIL has extended its weekly gains by more than 32% and monthly gains by close to 70%.

Filecoin (FIL) price has gone parabolic in the past few weeks as a sense of Fear of Missing Out (FOMO) spread in the crypto market. The token surged to a high of $5.68, the highest point since April this year.

Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.

SushiSwap revealed that users would be able to make cross-chain transactions on Filecoin network across 30 different blockchains.

"The Internet's fragility is more obvious than we think," said Rachel Green Horn, the head of Marketing and Communications at Filecoin (CRYPTO: FIL) Foundation, during a panel discussion at Benzinga's Future of Digital Assets 2022 edition. This insight came after a revealing survey conducted last summer.

Buoyed by positive developments in the economy and the cryptoverse generally, investors continued to plow into digital money.

In a volatile and ever-changing cryptocurrency market, Filecoin (FIL) has emerged as a standout performer, as its price recently surged to $3.7, marking a notable daily increase of 3% and a remarkable weekly rise of 12%. This robust performance reflects Filecoin's growing popularity among both investors and traders, making it a cryptocurrency worth keeping an eye on.

In the ever-evolving landscape of cryptocurrencies, Filecoin, currently holding the 30th position according to CoinMarketCap, has been generating buzz. Over the last 24 hours, Filecoin has experienced a 2.34% decline in its price, settling at $3.76.

Due to low demand for decentralized storage services in Q3, Filecoin's protocol revenue plummeted by double digits during that period.

Filecoin's bullish rebound could be the start of a bullish run for the altcoin. Will FIL investors see extended gains?

Bitcoin (BTC/USD) price has surged hard in the past few days. The rally gained steam on Tuesday as the coin surged to over $35,000, the highest level since May last year. In all, BTC price has soared by more than 125% from the lowest level this year.

Amidst rising interest in AI, Filecoin's potential as a data storage solution becomes prominent, with BitMex's founder highlighting its synergy with the former's data needs.

In the ever-fluctuating world of cryptocurrencies, investors and enthusiasts are closely watching the price movements of Filecoin (FIL) as it attempts to break free from the clutches of persistent sellers and consolidate its position in the market. While other digital assets have shown signs of bullish momentum, Filecoin has struggled to make significant gains, and it remains entrenched in a broader downtrend.

Filecoin presented a risky bullish idea with modest gains. Should traders consider going long?

Filecoin hit key support level but was yet to show bullish reversal amidst bearish market sentiment.

BitMEX co-founder Arthur Hayes expresses optimism about a decentralized data storage crypto project, citing the increasing demand for censorship-resistant artificial intelligence (AI) infrastructure.

Filecoin hit a familiar hurdle and could attract sellers. However, buyers can't be overruled yet.

FIL's OBV and the spot CVD indicators highlighted a lack of demand for the altcoin in recent days. This reinforced the idea that the bears were in the ascendancy.

Uniswap, the biggest decentralised exchange (DEX) in the world, could soon be deployed in the Filecoin Virtual Machine (FVM). This deployment will happen if a vote by Michigan Blockchain aims to make this possible in the coming days. According to the voting tracker, over 15.39 million UNI tokens or 99.

An on-chain investigator, known as @BoringSleuth has raised questions about blockchain project Filecoin (FIL) and its initial coin offering (ICO). BoringSleuth explained how they looked into Filecoin's wallets and funding transactions in a detailed report. Some wonder if Filecoin's start involved shady dealings with groups like the Ethereum Foundation, Wanxiang, Prometheum, and others.