The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
With March coming to an end, the crypto market is closing Q1 2025 on a bearish note. However, the altcoins are turning around, aided by the slow recovery across the market, which could help start Q2 and April off on a good note.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
TL;DR GLIF has launched its native token, GLF, distributing 94 million tokens in an airdrop to active users, which represents 9.4% of the total supply. Although GLF is currently a governance token, the protocol is working to expand its utility, including a loyalty program inspired by airline miles.
The GLF token launch comes as GLIF moves beyond Filecoin, with plans to support additional decentralized physical infrastructure networks.
io.net is a decentralized GPU network that offers scalable and cost-effective computing power for machine learning and artificial intelligence applications. Boasting over 325,000 verified GPUs, io.net aims to address the GPU supply crunch by creating a more accessible and efficient marketplace for compute resources. Tausif Ahmed is the Chief Business Development Officer at io.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
Filecoin still leads the decentralized open-source storage network in the blockchain world. However, its token has seen a downtrend similar to other cryptocurrencies.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
The introduction of a USD stablecoin could significantly enhance Filecoin's ecosystem by increasing accessibility and financial innovation. The post 10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem appeared first on Crypto Briefing.
The momentum of artificial intelligence (AI) is gaining traction in the cryptocurrency space, with several projects aligning their fundamentals with this technology.
Filecoin has created history with its mind blowing hold over the world. The financial system was revolutionized when Filecoin started climbing the ladder.
TL;DR AR.IO launched its mainnet and token generation event (TGE), offering a permanent cloud storage solution based on Arweave. Unlike traditional services, it allows users to pay once for data storage without the need for renewals or risk of losing access to their files.
TL;DR io.net has introduced the Co-Staking Marketplace, simplifying staking for IO token holders by connecting them with network suppliers and eliminating the need for personal hardware. The marketplace enables token holders to review customized staking offers, contributing to staking requirements and earning rewards without managing GPUs themselves.
io.net (IO), a decentralized graphics processing unit (GPU) network, has unveiled Co-Staking, a feature allowing IO token holders to share block rewards without operating any personal hardware, as detailed out to Finbold on Thursday, February 20.
DePIN io.net has introduced Co-Staking, a new feature that allows network users to share block rewards by staking their $IO tokens. The Co-Staking Marketplace connects token holders with suppliers, enabling broader participation in validation without the need to operate hardware. The initiative benefits both groups within the io.net ecosystem.
Filecoin (FIL), one of the top decentralized infrastructure projects, finds itself at a pivotal crossroads. Trading at a key support level of $3.38, the asset's short-term future is hanging in the balance.
Filecoin could soar by 20% to reach $4.05 if it defends the $3.38 support.
TL;DR io.net launched IO Intelligence, a platform that integrates vector databases, intelligent agents, and open-source AI models. Its distributed architecture allows data to be processed locally while delegating intensive tasks to the cloud, improving privacy and performance.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Arweave, referred to as Hyper Parallel Computer by its developers, made its AO (Arweave Operating System) Mainnet live on 9 Feb. The live Mainnet comes after a year long public testnet that Arweave launched in February 2024. As the promising decentralized storage project, it aims to reshape the internet by bringing its dynamic layer of
Arweave has officially launched AO, its hyperparallel computing platform, promising to revolutionize decentralized computing.
After a year-long testnet phase, Arweave computing platform AO, a decentralized computing platform designed for scalability and security, was officially launched.
Arweave has officially launched the mainnet and native token of its computing platform, AO, following a year-long testnet phase.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Filecoin (FIL) is a decentralized storage network designed to offer a more efficient and secure alternative to traditional cloud services. Built by Protocol Labs, it uses blockchain technology to create a peer-to-peer marketplace where users can rent out unused hard drive space in exchange for Filecoin tokens.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
Filecoin price has collapsed, erasing all the gains made in 2024, and making it one of the worst-performing tokens in crypto. The FIL token plunged to a low of $2.6155 on Monday, its lowest level since 2022. It has plunged by over 74% from its highest level in 2024.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
Crypto prices fell 6.5% on average on Jan. 27 amid a major sell-off in risk assets prompted by a Chinese artificial intelligence (AI) model raising worries about AI profitability. However, AI-related tokens saw slightly lower average declines for the day at 5.4%.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
The partnership is aimed at strengthening computing power and advance zK services.
The partnership aims to expand compute services on Nexus Network via io.net's decentralized GPU network, as the project works on developing the world's first decentralized supercomputer.
Decentralized physical infrastructure network for GPU clusters io.net has announced a partnership with Nexus, the blockchain dedicated to building the Verifiable Internet. The collaboration will strengthen the Nexus zero-knowledge Virtual Machine (zkVM) by integrating io.net's Infrastructure-as-a-Service (IaaS) platform, furthering Nexus's mission to make zero-knowledge proof services accessible to all.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
io.net has announced securing SOC 2 compliance which puts the company at a global stage with an industry-leading security system.
Distributed computing network io.net has secured SOC 2 compliance certification, as it sets about bridging the gap between web3 infrastructure and enterprise requirements.
FIL's breakout revealed potential, but stronger market support is needed for sustained momentum.
Filecoin (FIL), la rete di archiviazione decentralizzata, sta guadagnando sempre più slancio, attirando l'attenzione di trader e investitori. L'aumento dell'adozione e una configurazione tecnica rialzista stanno alimentando un crescente ottimismo riguardo al suo futuro.
Filecoin (FIL) Foundation outlines its 2025 vision, highlighting the FIL Dev Summit in Toronto, the launch of Portrait, and new members in the Decentralized Storage Alliance.
Decentralized data storage company Arweave has launched its “Genesis Block” block to the moon in collaboration with two other companies.
Arweave's Genesis Block, stored in synthetic DNA, will be transported to the moon, preserving global knowledge for future generations.
Using synthetic-DNA technology, Arweave packed blockchain data onto a lunar lander that is headed to the moon.
io.net partners with Injective to revolutionize blockchain AI computing, combining decentralized infrastructure with iAgent framework for enhanced capabilities.
Filecoin (FIL), the decentralized storage network, is gaining momentum as traders and investors turn their attention to its growing adoption and bullish technical setup.
io.net and Injective are joining forces to power the future of decentralized finance and artificial intelligence on the Injective network. Decentralized physical infrastructure network io.