Famous cryptocurrency analyst, World of Charts, recently shared a unique forecast concerning Filecoin (FIL). The analyst highlighted in a recent X post, that FIL has recently emerged from a multi-year bear trend, which is a key technical factor that has recently drawn attention. The analyst highlighted the fact that Filecoin (FIL) had corrected steeply, in […]
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Bitcoin’s Soaring Surge Sets The Stage For Altcoin Boom In Early 2024
Bitcoin (BTC) has catapulted to a market value of $45.8K, marking its highest point since April 2021. Santiment, a leading crypto analytics firm, reveals that this surge has not only captivated the crypto community but has also paved the way for altcoins to make significant strides in the early days of 2024. According to Santiment, several breakout […]
BIT Elevates Altcoin Options with Solana (SOL) Trading Launch
BIT, a cryptocurrency exchange specializing in options trading, has announced the addition of Solana (SOL) to its options trading platform. This strategic move, in partnership with market maker Orbit Markets, marks a significant expansion for BIT, already offering options trading for BTC and various altcoins including ETH, XRP, TON, ADA, FIL, and BCH. Solana, currently […]
Weekly Market Watch: Bitcoin & Ethereum’s Bulls Gain Momentum, Low Cap Tokens Experience Growth
The previous week showed a more positive outlook for the crypto markets, with both Bitcoin and Ethereum seeing upward momentum. Although smaller market-cap coins initially saw notable growth at the beginning of the week, any progress made was ultimately wiped out by the week’s end. During the previous week, the cryptocurrency community was abuzz with talk […]
FIL Token’s Price Stabilizes After Filecoin Creator Dismisses Miner Strike Controversy
Less than a week after the mainnet launch, the Filecoin team saw massive unrest among the community members. Juan Benet, the creator of the blockchain-based data storage platform, finally broke his silence as he announced the Filecoin Liftoff Week. He denied allegations of a miner strike and said, (7.0) I was asked about a supposed […]
Filecoin Miners Goes on a Strike to Protest Against Unfair Economic Model
Miners complained about Filecoin’s mining economic model even before the mainnet was launched. Despite the fact that the normal functioning of the network hasn’t affected, the existing economic model for the miners have triggered a dispute in the Filecoin community. According to the latest reports, five prominent miners have switched off their machines to protest […]