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Filecoin underwent a drastic pullback and maintained a bearish consolidation in the past few months, due to which the resistance has lowered to a large extent. In times when the market participants had left hope for a decent upswing, the token displayed a notable rise.
The crypto prices today have caused some uneasiness among traders and investors, as Bitcoin (BTC) & Ethereum (ETH) dipped to the $69K & $3,600 mark in the past 24 hours. Altcoins, Solana (SOL), XRP, and meme coins followed the tumbled price action.
As the crypto market regains bullish momentum, the altcoins are planning a long-term trend reversal with increasing investors' confidence. In this recovering market, the FIL price trend aims to overcome the bearish influence.
FilOz, a new team in the Filecoin (FIL) ecosystem, focuses on securing, upgrading, and expanding the network.
Filecoin unveils new integrations, initiatives, and events for 2024, enhancing its decentralized storage ecosystem.
As the altcoin market value surpasses $276 Billion, driven by Bitcoin's surge above $66,000, investors are eyeing altcoins for potential gains. Renowned crypto analyst CryptoBulle warns against blindly investing in all altcoins amidst this bullish trend. Despite the bullish trend, the market remains susceptible to corrections.
After a period of correction, Filecoin (FIL) is teasing a potential price surge, buoyed by bullish technical indicators and analyst predictions. As of Friday afternoon, FIL is hovering around $5.80, but whispers of a $15 target in the coming weeks are swirling in the cryptosphere.
The ongoing Ripple vs. SEC battle has sparked interest in six key XRP rivals: Solana (SOL), Cardano (ADA), Chainlink (LINK), Polygon (MATIC), Polkadot (DOT), and Filecoin (FIL).
Filecoin highlights growth in its decentralized storage network and the dedication of its community teams towards the development of public goods.
FIL, the native token of the Filecoin network, has witnessed a resurgence in buying interest after finding support at $5.2. This bounce back not only signifies a reversal of recent losses but also hints at potential upside in the short to medium term.
Here are three top undervalued cryptos long-term investors may want to consider for long-term gains, if this crypto rally continues.
Explore these emerging cryptos to buy amidst market uncertainty, balancing potential gains with the risks of the volatile crypto market.
These cryptos with utility have upside potential over the long run and attract solid investments that the crypto curious should consider.
Filecoin, the decentralized storage platform behind the Filecoin (FIL) cryptocurrency, is gearing up for its Dragon mainnet upgrade. As the blockchain prepares for its mainnet upgrade, it is also making significant strides in the competitive digital storage landscape dominated by tech giants like Google Cloud and Amazon Web Services (AWS).
The cryptocurrency landscape is constantly evolving, and Binance remains at the forefront of innovation. In its latest move, the platform has rolled out leveraged futures for ARB, NEO, and FIL, injecting a new level of excitement into the market.
Filecoin (FIL) price is one of the many altcoins that will likely continue witnessing corrections owing to bearish market cues.
Foundation senior fellow Danny O'Brien stated that the team has hired a lawyer and is attempting to determine whether police are holding the missing funds.
The end of the first phase of the altseason was recently marked by the meme coin frenzy on different layers one and two seeking to trigger respective on-chain activity. Despite Bitcoin's (BTC) dominance showing signs of rallying to 60 percent shortly, crypto investors have remained focused on the altcoin market for maximum gains.
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team's detention, FIL tokens worth over $22 million were transferred to an unknown external address.
The Filecoin community is grappling with uncertainty following the announcement that STFIL's core technical team is under investigation by Chinese police, leading to the unauthorized transfer of $23 million worth of FIL tokens and raising concerns about the security of staked funds
Chinese police are investigating STFIL technical team members, who relocated 2.5 million FIL tokens to an unknown address during an unscheduled protocol update, seeking community assistance to protect stakeholders' interests.
On Tuesday, STFIL, a liquid staking platform for Filecoin (FIL), announced that its team is allegedly under investigation by local Chinese police. The platform's FIL tokens had been moved to an unknown address outside the team's control.
Tokens on the platform were transferred to an unknown address, which currently holds approximately $22 million worth of FIL.
Filecoin liquid staking platform STFIL has informed the public that some of its members are under investigation by the Chinese police. According to the platform's post on X, its core technical team is being investigated.
