
April 15th, 2025
Since the announcement, there has been a mixed price reaction. While some like Filecoin, Bancor, and Yearn Finance have gained by as much as 10%. Others like Cardano have barely moved, recording a marginal move of less than 1%.
The Messari study showed that Coinbase listings bring much more returns to investors in comparison to other exchanges like Gemini, Binance, Kraken, FTX, and OKEx.
The ongoing rally in the BitTorrent (BTT) ecosystem may be linked to heightened interest in the protocol following the announcement of key upgrades including the increase in the BitTorrent File Sharing (BTFS) network decentralization.
The overall crypto market has hit a new all-time high. While Bitcoin has shown some strength, the altcoin space has overwhelmed Bitcoin performance over the last week.
Filecoin fundamentals may make it plausible for the digital currency to sustain the 9th largest crypto ranking as the project seeks to offer a highly sustainable and secure decentralized storage system.
Coinbase Pro is one of the leading trading platforms in the United States and its support of Polygon, Skale, and SushiSwap makes a credible case for the growing strides of DeFi in the crypto sphere.
As digital currencies begin to gain more recognition in the global financial market, the WEF is focusing more on blockchain technology and the crypto space at large.
In March 2019, Zeenea, a data company, revealed that 60 petabytes of TV shows and movies are stored by Netflix which is less than 7% of the current capacity of Filecoin.
The latest Lotus 1.1.0 network software upgrade enables Filecoin miners to access 25% of mining rewards immediately with no vesting.
Filecoin miners have protested the unfavorable business model of the Filecoin project from Protocol Labs in what appears to be an industrial action strike.
In a few hours of going live, the FIL Futures contracts processed around $150 million in total trading volumes. With massive listing gains, FIL became the fastest token to hit $1 billion in valuations.
While the listing of Filecoin even ahead of its mainnet launch is largely uncommon in the crypto sphere, Kraken’s VP of product, Jeremy Welch confirmed that the listing of Filecoin meets all regular procedures and protocols the exchange adopt in listing a token.
The mainnet Ignition launching next month will be a predatory launch of the official mainnet Liftoff for the Filecoin platform. The pre-Liftoff phase is more about getting users acquainted with the platform.
BitTorrent File System has shaken up Filecoin, the bearer of the IPFS banner, by shipping its protocol first and integrating it into an established file sharing network.
Andreessen Horowitz closed its second fund with $515 million in capital commitments. The company’s second crypto fund shows that the venture capital firm is targeting specific areas to invest in the cryptocurrency space.