The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
The introduction of a USD stablecoin could significantly enhance Filecoin's ecosystem by increasing accessibility and financial innovation. The post 10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem appeared first on Crypto Briefing.
The momentum of artificial intelligence (AI) is gaining traction in the cryptocurrency space, with several projects aligning their fundamentals with this technology.
Filecoin has created history with its mind blowing hold over the world. The financial system was revolutionized when Filecoin started climbing the ladder.
Filecoin (FIL), one of the top decentralized infrastructure projects, finds itself at a pivotal crossroads. Trading at a key support level of $3.38, the asset's short-term future is hanging in the balance.
Filecoin could soar by 20% to reach $4.05 if it defends the $3.38 support.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Filecoin (FIL) is a decentralized storage network designed to offer a more efficient and secure alternative to traditional cloud services. Built by Protocol Labs, it uses blockchain technology to create a peer-to-peer marketplace where users can rent out unused hard drive space in exchange for Filecoin tokens.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
Filecoin price has collapsed, erasing all the gains made in 2024, and making it one of the worst-performing tokens in crypto. The FIL token plunged to a low of $2.6155 on Monday, its lowest level since 2022. It has plunged by over 74% from its highest level in 2024.
SushiSwap's total value locked has declined sharply since 2021 highs, according to DefiLlama.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
FIL's breakout revealed potential, but stronger market support is needed for sustained momentum.
Filecoin (FIL), la rete di archiviazione decentralizzata, sta guadagnando sempre più slancio, attirando l'attenzione di trader e investitori. L'aumento dell'adozione e una configurazione tecnica rialzista stanno alimentando un crescente ottimismo riguardo al suo futuro.
Filecoin (FIL) Foundation outlines its 2025 vision, highlighting the FIL Dev Summit in Toronto, the launch of Portrait, and new members in the Decentralized Storage Alliance.
Filecoin (FIL), the decentralized storage network, is gaining momentum as traders and investors turn their attention to its growing adoption and bullish technical setup.
Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.
Explore insights from FDS Bangkok 2024, where developers tackled Filecoin (FIL)'s challenges and innovations. Key topics included market fit, storage advancements, and ecosystem growth.
Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Filecoin could record further gains as market conditions turn increasingly favorable.
Filecoin (FIL), the decentralized storage network, is riding a wave of bullish momentum, drawing significant market attention as traders and investors capitalize on its growing adoption.
Filecoin (FIL), the decentralized storage network's native token has experienced a notable surge following its listing on Bithumb, South Korea's leading cryptocurrency exchange. The listing has sparked a bullish momentum that could potentially push FIL towards the $10 mark, with various indicators and market dynamics supporting the upward trajectory.
Filecoin (FIL) turns out to be one of the biggest gainers among the top cryptos amid easing off selling pressure after a week of turbulence.
Filecoin jumps 12% after its Bithumb listing, with futures volume up 200%. Will the momentum push FIL to $7, or is a pullback on the horizon?
Filecoin price has surged 12%, reflecting growing market enthusiasm following a major listing announcement by South Korea's top exchange, Bithumb. The sudden spike highlights increasing demand for the asset amid heightened investor interest.
Crypto market today looks bullish as Bitcoin crossed the $99,000 mark and is trying to touch $100,000 again after a two-week bearish trend. SPX6900 (SPX) and Filecoin (FIL) became the top gainers for today, with a 12% surge in price.
When it comes to the next high-return investments, two names stand out: Filecoin ($FIL) and Altura ($ALU). Both are exciting projects, but one stands out for its potential to deliver massive gains.
Story Highlights The live price of Filecoin crypto is FIL price might hit a maximum of $20.67 in 2025. Filecoin (FIL) price with a potential surge, could go as high as $60.20 by 2030. The fast-paced crypto town is making new heights daily as bullish momentum resurges.
On-chain metrics revealed that exchanges have witnessed a significant outflow of $13.85 million worth of FIL.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Filecoin broke out of a long-term falling wedge pattern, with momentum underlining a strong rally.
The 100th edition of Filecoin (FIL) News highlights cross-chain innovations, strategic partnerships, and advancements in decentralized storage and AI, marking a significant milestone for the Filecoin ecosystem.
Sushi Labs managing director Jared Grey is outlining what's next for the multichain decentralized exchange (DEX) SushiSwap (SUSHI). Grey notes on the social media platform X that the Sushi decentralized autonomous organization (DAO) passed a comprehensive governance overhaul in April that will use a “multi-token ecosystem mandate to launch new Sushi products.
SUSHI has soared by 22% following the announcement of the 'Treasury Diversification Proposal.
SushiSwap (SUSHI) token recently reached a yearly high of $2.64, capturing significant attention in the crypto market before undergoing a slight correction to $2.26 at press time, credited to the profit-taking behaviour of investors.
SushiSwap's 2025 roadmap expands with products like Kubo, Susa, and Blade, aiming to improve DeFi with cross-chain integration.
TL;DR Sushi DAO plans a 2025 of expansion with new products such as Wara, Susa, Kubo, and Blade to improve trading and expand its reach. The platform aims to expand beyond Ethereum, focusing on Solana and other blockchain ecosystems to strengthen its presence.
Ethereum Classic joined Filecoin as a top underperformer, falling 11.7%.
Sushi's DAO's CEO, Jared Grey (aka head chef), took to X (formerly Twitter) to share Sushi's plans for 2025 as well as the project's accomplishments in 2024. In April 2024, Sushi DAO, the community governance structure behind SushiSwap, a decentralized exchange (DEX) on the Ethereum blockchain, implemented a far-reaching governance overhaul.
Sushi DAO plans to diversify Sushi treasury tokens from 100% SUSHI to a mix of 70% stablecoins, 20% blue-chip tokens, and 10% DeFi tokens.
Sushi DAO, the organization governing the Sushi Swap decentralized exchange, has proposed diversifying its treasury assets. Under the proposal, Sushi's treasury will go from 100% SUSHI tokens to a mix of stablecoins and other assets.
This collaboration is all about making sure Cardano apps are safe, reliable, and decentralized. It helps developers build better applications.
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.