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How High Can Filecoin Go in 2024? A Fundamental Approach

How High Can Filecoin Go in 2024? A Fundamental Approach

In a white paper published in 2014, “Filecoin: A Cryptocurrency-Operated File Storage Network,” Juan Benet envisioned users offering their surplus storage in exchange for cryptocurrency, providing a cost-effective alternative to traditional cloud storage. A year later, Benet’s company, Protocol Labs, introduced the InterPlanetary File System (IPFS), a peer-to-peer protocol aimed at decentralizing web storage, promising […]

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Base Outperforms Other Ethereum’s Layer 2 Ecosystem

While the broader Ethereum ecosystem has been riding the bearish market sentiment, Coinbase’s Layer 2 solution, Base, has been scaling new heights. Since its launch in mid-2023, Base has consistently outperformed its Layer 2 peers, setting all-time highs for weekly active wallets, transactions, and decentralized exchange (DEX) activity. So, what’s fueling this rapid ascent, and […]

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Stellar (XLM) Set to Thrive with UNCDF Partnership

Stellar (XLM) Set to Thrive with UNCDF Partnership

Stellar has been selected by the United Nations Capital Development Fund for its new international transfer network. This collaboration marks a significant step for Stellar, showcasing its potential to streamline cross-border transactions efficiently. As financial institutions increasingly adopt blockchain technology, Stellar is well-positioned to enhance transaction speeds and lower costs. JUST IN 🚨: Stripe just […]

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Bitcoin Positioned as 21st Century’s Top Asset, Says Michael Saylor

Bitcoin Positioned as 21st Century’s Top Asset, Says Michael Saylor

MicroStrategy’s co-founder, Michael Saylor, outlined key factors behind Bitcoin’s bullish future during a recent interview. He emphasized Bitcoin as the top asset of the 21st century, offering a hedge against inflation and serving as a reliable store of value. Saylor also highlighted Bitcoin’s volatility as an attractive feature for investors seeking substantial returns. “MicroStrategy’s end […]

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WLFI Token Sale Announced by Donald Trump, Set for October 15

WLFI token, the native token of World Liberty Financial (WLF), will officially go on sale on October 15 through a whitelist, as announced on the project’s Telegram. Donald Trump, the U.S. presidential candidate, revealed this, with his family playing a central role in supporting the venture. Exclusive WLFI Event Slated for October 14 Trump shared […]

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EigenLayer’s EIGEN Token Unlock Goes Live With .2 Billion FDV

EigenLayer’s EIGEN Token Unlock Goes Live With $7.2 Billion FDV

EIGEN, the native token of the Ethereum-based EigenLayer protocol, is now fully unlocked, enabling it to be traded, transferred, or staked. Following its launch, EIGEN began trading at a strong price of $4.32, which corresponds to a fully diluted value of $7.2 billion, as reported by CoinMarketCap. Binance saw 43% of the trading volume on […]

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Skale (SKL) Upside Retracement Hits a Gridlock

The price of the Skale token has increased by 6.25% today, bringing it to the second position on the list of top crypto gainers. The token’s price action is at a critical technical crossroads. If the price action decisively breaches this level, the market could advance further. Let’s delve into the current market situation below. […]

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Coinbase Wrapped BTC (cbBTC) Fully Explained

Coinbase Wrapped BTC (cbBTC) Fully Explained

Coinbase Wrapped Bitcoin (cbBTC) makes it easier and more reliable for Bitcoin holders to earn extra income by using their Bitcoin in DeFi apps, backed by the added security of Coinbase’s trusted platform. Normally, Bitcoin and Ethereum don’t work together directly, but with cbBTC, you can “wrap” your Bitcoin, converting it into a form that […]

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