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.
Privacy-focused cryptocurrencies like Monero and Zcash might be poised for significant growth this November. Transaction volumes for these coins have increased on ChangeNOW, a platform that allows cryptocurrency exchanges without registration.
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.
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.
TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.
Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.
A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
Several altcoins, including Dogwifhat, Worldcoin, and Zcash, posted gains, as Bitcoin eyes the critical resistance near $64K.
Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.
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.
Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.
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.
Story Highlights The live price of the Zcash token is ZEC price could hit its potential high of $61.12 by the end of 2024. Zcash price with a potential surge could go as high as $220.46 by the end of 2030. Zcash is a decentralized and open-source cryptocurrency that offers transparency and privacy of transactions.
While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn't have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period.
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.
The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.
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.
ZCash's recent price jump is the return of its founder, Zooko Wilcox. In December 2023, Wilcox stepped down from his role as CEO of the Electric Coin Company, which develops ZCash.
Privacy-focused cryptocurrency Zcash topped the crypto charts recently. But that's no surprise because of these two main reasons.
Zcash (ZEC) price continued from where it stopped last week, reaching a new yearly high on Monday before its recent pullback. On the mentioned date, the privacy coin hit $45.45.
Zcash has experienced a dramatic rise, showcasing one of the most impressive bullish runs among cryptocurrencies. On July 5, the coin traded at a low of $15.78, but by August 12, it had soared to a high of $43.44.
However, one should not get carried away by excessive enthusiasm: these are remarkable performances only in the short term