Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

Filecoin (FIL) has emerged as one of the most promising cryptocurrencies recently, with remarkable performance over the past month. Having surged by 94.18% during this time, nearly doubling its price from its previous lows, Filecoin's bullish momentum is still strong.

Bitcoin's strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.

Bitcoin's strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.

Grayscale's cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Notably, its cryptocurrency holdings have increased by over 85% in market capitalization during the past month.

Filecoin's holders must be happy right now, and there is good reason to be so!

Filecoin price has staged some recovery this year, even as it continued to underperform the broader crypto market. FIL, the storage-focused token, was trading at $7, up by 142% from its lowest point this year. It remains significantly below the year-to-date high of $11.85 and its all-time high of $237.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

As November ends and December 2024 begins, investors are likely to shift their focus toward portfolio rebalancing or exploring new altcoin opportunities. The Decentralized Physical Infrastructure Network (DePIN) narrative is gaining attention, making it a key sector to watch.

Filecoin (FIL) has been recognized by Fast Company as a key player in emerging technology, highlighting its impact on decentralized AI and innovations like the NV24 upgrade.

Filecoin breaks free from its months-long range, with key datasets signaling a bullish momentum continuation.

Based on historical price momentum, if FIL closes above $4.80, it could rally by 47% to hit $7.20.

The crypto market continues to trend bullish despite a dip for altcoins in the past 48 hours. But as alts eye the next leg up, the flagship asset Bitcoin (BTC) is already on what looks like an unstoppable dash past $100k.

Filecoin (FIL) is expanding its ecosystem with new L2 solutions like Akave and Storacha, securing major funding and launching innovative networks to enhance decentralized data storage.

Binance announces support for the Filecoin (FIL) network upgrade, with a temporary suspension of deposits and withdrawals on November 20, 2024. Trading remains unaffected.

Filecoin (FIL) has gained attention for its impressive resilience and technical strength, positioning itself for major growth in the near future. With support levels holding firm for nearly two years and a rising demand for decentralized data storage solutions, analysts are forecasting significant upside potential for the token.

Filecoin's strong support levels and market momentum hint at major upside potential, positioning it as a standout.

As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.

Filecoin protocol Glif is set to launch its native GLIF token, with 100 million tokens allocated for airdrop to eligible users.

Filecoin (FIL) announces a series of strategic partnerships and initiatives, including decentralized storage solutions and hackathons, signaling significant growth in its ecosystem.

Binance Exchange remains at the forefront of in-house cleaning with 4 trading pairs set to leave the platform soon.

Binance will cease trading on ACE/FDUSD, FIL/BNB, OP/BNB, and TRB/FDUSD trading pairs effective October 4, 2024, due to poor liquidity and trading volume.

Learn about the key stages, deadlines, and how to participate in FIL-RetroPGF-2, a grants initiative by Filecoin (FIL).

Filecoin (FIL) is gearing up for a groundbreaking upgrade with the introduction of Fast Finality (F3), a development expected to dramatically enhance the network's performance. By reducing transaction finalization times by an astonishing 450 times, this upgrade aims to shift the finalization period from 7.5 hours to just a matter of minutes.

Destor introduces S3 Cloud Solutions powered by Filecoin (FIL), partnering with DCENT, Future Tech Holdings, Akave, and Seal Storage to revolutionize decentralized storage.

Filecoin (FIL)'s Fast Finality (F3) is set to revolutionize the network by reducing finalization times by 450x, enhancing user experience and opening new opportunities.

Aethir and Filecoin collaborate to address GPU scarcity and enhance data security for AI and web3 sectors. The post Aethir and Filecoin team up to expand GPU resources, enhance data security appeared first on Crypto Briefing.

Aethir and Filecoin's partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure.

Aethir, a well-known GPU-as-a-services project, has just announced support for storage services for the crypto network Filecoin.

Binance launches promotions for FIL and ETH Simple Earn Products, offering up to 799 USDC rewards and special APR rates.

Filecoin (FIL) reaches new milestones with over 4 million blocks, introduces DeStor S3 Cloud Solutions, and announces upcoming events and partnerships.

TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.

The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

Filecoin has formed a new partnership with Storacha, a move aimed at bolstering decentralized storage solutions. Here's a closer look at these updates and their implications for the future of Filecoin.

Filecoin (FIL) reaches over 4 million blocks, introduces Fast Finality, and collaborates with Storacha for enhanced decentralized storage.

Storacha partners with Filecoin (FIL) to revolutionize decentralized hot storage using Proof of Data Possession (PDP), ensuring secure, accessible data with top-tier availability and durability.

Filecoin (FIL), the decentralized cloud storage marketplace and protocol, is looking to catalyze further growth with the unveiling of a new public goods developer team. Filecoin's latest announcement? On August 22, 2024, the top project in the decentralized physical infrastructure network (DePIN) ecosystem by market cap, announced the launch of FIL-Builders, or FIL-B.

The altcoin industry has consolidated in a bearish outlook for the past five months despite the notable rise in demand from institutional investors. The increased crypto regulatory clarity in the United States has created an enabling environment for further altcoin growth.

FIL-B introduces a public goods DX team to support builders on Filecoin (FIL), aiming to enhance the developer experience and community growth.

Filecoin (FIL) announces FIL RetroPGF 2, FIL Dev Summit 5 in Bangkok, and several new initiatives in its latest update, enhancing the decentralized web.

Filecoin (FIL) introduces FIL-RetroPGF-2 with increased funding, streamlined processes, and enhanced UX to support public goods projects.

Several challenges are undermining Filecoin's position as a leading project among Decentralized Physical Infrastructure Networks (DePIN). Despite notable price swings, with FIL reaching a yearly high of $11.46 in June, its value has since dropped by nearly fourfold.

Grayscale, the world's largest crypto asset manager, now operates at least 17 single-asset crypto investment products.

Grayscale also launched funds for protocols Bittensor and Sui in August.

The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Filecoin (FIL) announces new FVM explorer, successful nv23 waffle upgrade, and partnerships with SingularityNET and Bagel in its latest news update.