Filecoin price analysis is bullish today as we expect bears to be exhausted after a strong rejection for downside yesterday. Therefore, FIL/USD is likely will start moving higher after a higher low is set.

Police in China have busted a Filecoin mining scam and seized digital currencies worth $62 million. According to local reports, the authorities arrested 31 allege...

Filecoin has lost 15 per cent of its value in May. This is a continuation of the long-term bearish trend that the cryptocurrency has been in, which has resulted in it losing 28 per cent in the month of April and 58 per cent since the year started.

Filecoin is a classic example of utilizing blockchain technology and its security advantages to solve a basic problem. The founder of Filecoin, being a computer science scientist who graduated from Stanford, was critical in the development of such a cryptocurrency. Juan Benet founded Protocol Labs in 2014 to support his prior invention of the Interplanetary File System and Filecoin. The uniqueness of Filecoin is hidden in its name; FIL intends to store data in a decentralized manner that gives maximum security.

Everyone is looking to make a killing, right. We all want to find that one “thing” that turns our thousands into millions, so we can retire and spend the rest of ...

Filecoin (FIL) traded down 1.7% against the U.S. dollar during the one day period ending at 13:00 PM Eastern on April 27th. One Filecoin coin can currently be pur...

The $66 previous high has posed a major price barrier for FIL/USD, making the Filecoin price now bearish. We may expect FIL/USD to post a downtrend even after last week’s strong higher low.

The Filecoin price has dropped as the recent recovery fades in the past four straight days. The FIL token is trading at $19.20, about 14% below the highest point this week. The losses mean that the coin has erased about 92% of its value from its all-time high. Its value has slipped to about $3.3 billion, while its global ranking has dropped to 42.

Filecoin price mirrored that of other cryptocurrencies like Bitcoin and Litecoin. FIL was trading at $6 on Friday, which is slightly above its year-to-date low of $4.9. It has crashed by more than 84% this year, making it one of the worst performers in the cryptocurrency industry.

Back a decade ago, the concept of the blockchain and its associated cryptocurrency offshoot represented a profound though niche segment. But thanks to a combination of advancements in connectivity technologies and an incentive-driven economic architecture, cryptocurrencies eventually became a mainstream institution, with several Wall Street firms now backing its development and broader distribution.

Filecoin (FIL) has vigorously lost most of its value in the last year since its April 2021 high. In the last six months, bulls could barely initiate a sustainable rally and succumbed to the long-term bearish trendline resistance (white, dashed).

The FIL price is bearing a selling pressure and results can be seen over the daily and hourly price chart.

The Filecoin price has made a steady uptrend in the past few days as demand crawls back. The FIL token is also rising as investors react to the recent launch of the Filecoin Virtual Machine (FVM) through its Skyr upgrade. The token is trading at $5.5790, which is the highest it has been since June 29th of this year.

The best time to invest in a cryptocurrency is the earliest time to invest in a cryptocurrency. For most releases, the first chance for investors to get in on new...

Filecoin (FIL) gets a neutral rating from InvestorsObserver Tuesday. The crypto is up 0.85% to $20.97 while the broader crypto market is up 3.07%.

On October 15, 2020, the launch of Filecoin mainnet kicked off a new era of distributed storage. Although the prices of FIL have fluctuated under the influence of...

With the advent of blockchain technology, new avenues for technology and innovation have opened. One of these innovations is the storage of files over the interne...

Verified users will be able to simultaneously publish vetted documents to both DocumentCloud and Filecoin/IPFS.

The Filecoin price bounced back on Friday as demand for the decentralized storage network bounced back. The FIL token is trading at $57.35, which is about 20% abo...

The new lending service will require miners to put up as little as 10% collateral of the total loan value, helping them expand more quickly.