Crypto markets are generally flat or trading with a slight positive bias on Friday, with the latest US jobs numbers for June not having rocked the boat too much. Bitcoin (BTC) was last around $30,000, ether (ETH) around $1,870, while the overall market’s capitalization was half a percent up around $1.18 trillion. For crypto investors…
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Bitcoin (BTC) and ether (ETH) are both trading with a positive bias amid a quiet start to the week. BTC was last hovering in the upper $30,000s, close to its recent highs above $31,000, while ETH just hit its highest level since May in the $1,970s, with the world’s second-largest cryptocurrency looking to retest the…
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Decentralized solutions can make academic research more secure and more accessible. Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible. Danny O’Brien, a senior fellow at the Filecoin Foundation…
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The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
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Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal securities laws. Consequently, the securities regulator has requested that Grayscale withdraw…
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The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying it believes its underlying asset is a security. The United States Securities and Exchange Commission (SEC) has asked Grayscale Investments to pull its application for a Filecoin Trust, warning that its underlying asset, Filecoin (FIL), can be seen as a security.…
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The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital currency asset manager said it had received a comment letter from SEC staff stating that view. … Read More: US SEC Says Filecoin Is…
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Depending on the metrics, the cost of decentralized file storage can be very low or significantly higher than Web2 counterparts. According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ and Sia currently ranges from near zero to…
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In a remarkable display of resilience, Bitcoin has broken the $30,000 barrier for the first time in ten months, after plummeting to a two-year low in November. With this surge, questions arise as to whether the bear market has ended, and what impact this resurgence in the cryptocurrency market might have on the best cryptos…
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Future growth in blockchain gaming, NFTs and the need for more decentralized storage could eventually benefit FIL and AR price. With the rise of Ordinals on Bitcoin (BTC) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion…
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