Three cryptocurrencies will unlock nearly $150 million worth of tokens, potentially flooding the market with increased supply pressure. Speculations on the outcome of such massive inflation could bring uncertainty and increase the risks of trading these tokens.

Optimism (OP) price has been under pressure this year, reflecting the broader challenges faced by the scaling solution ecosystem. Key indicators suggest a significant shift in market sentiment, raising concerns about future price trends.

The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.

Filecoin (FIL) announces a series of strategic partnerships and initiatives, including decentralized storage solutions and hackathons, signaling significant growth in its ecosystem.

Optimism (OP) is gaining momentum in the cryptocurrency market, with analysts predicting a potential rally of up to 70%. This bullish sentiment comes as the token approaches a crucial resistance level of 3000 sats, which experts believe could trigger a significant breakout.

Binance Exchange remains at the forefront of in-house cleaning with 4 trading pairs set to leave the platform soon.

Learn about the key stages, deadlines, and how to participate in FIL-RetroPGF-2, a grants initiative by Filecoin (FIL).

Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.

Filecoin (FIL) is gearing up for a groundbreaking upgrade with the introduction of Fast Finality (F3), a development expected to dramatically enhance the network's performance. By reducing transaction finalization times by an astonishing 450 times, this upgrade aims to shift the finalization period from 7.5 hours to just a matter of minutes.

As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.

Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.

Destor introduces S3 Cloud Solutions powered by Filecoin (FIL), partnering with DCENT, Future Tech Holdings, Akave, and Seal Storage to revolutionize decentralized storage.

Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.

Filecoin (FIL)'s Fast Finality (F3) is set to revolutionize the network by reducing finalization times by 450x, enhancing user experience and opening new opportunities.

Aethir and Filecoin collaborate to address GPU scarcity and enhance data security for AI and web3 sectors. The post Aethir and Filecoin team up to expand GPU resources, enhance data security appeared first on Crypto Briefing.

Aethir and Filecoin's partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure.

Aethir, a well-known GPU-as-a-services project, has just announced support for storage services for the crypto network Filecoin.

With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.

Binance launches promotions for FIL and ETH Simple Earn Products, offering up to 799 USDC rewards and special APR rates.

Filecoin (FIL) reaches new milestones with over 4 million blocks, introduces DeStor S3 Cloud Solutions, and announces upcoming events and partnerships.

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.

TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.

The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.

Notcoin (NOT), Ontology (ONT), Optimism (OP), and Orbs (ORBS) are showing intriguing developments as the broader cryptocurrency market struggles to maintain a bullish trend after Bitcoin dropped below $60k.

Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs solution that significantly improves transaction finality and gas costs compared to optimistic rollups. On Sept.

Succinct Labs collaborated with OP Labs, the main contributor to the Optimism, a Layer 2 scaling solution for Ethereum.

Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.

Ethereum (ETH) has faced significant challenges recently, grappling with bearish market trends that have left many investors uncertain. However, new developments in layer-2 solutions such as Optimism (OP) and emerging meme coin projects like Mpeppe (MPEPE) are offering some hope.

Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.

Filecoin has formed a new partnership with Storacha, a move aimed at bolstering decentralized storage solutions. Here's a closer look at these updates and their implications for the future of Filecoin.

Binance announces support for the Optimism (OP) network upgrade and hard fork, suspending deposits and withdrawals temporarily.

Filecoin (FIL) reaches over 4 million blocks, introduces Fast Finality, and collaborates with Storacha for enhanced decentralized storage.

With a channel breakout retest rally gaining momentum, the OP price action reveals a high chance of an uptrend. Optimism maintains a solid bullish stance as the broader market stabilizes near the weekend.

Storacha partners with Filecoin (FIL) to revolutionize decentralized hot storage using Proof of Data Possession (PDP), ensuring secure, accessible data with top-tier availability and durability.

Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.

Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.

TL;DR Sony launches Soneium Minato testnet, an Ethereum Layer-2 blockchain, to enhance scalability and efficiency for decentralized applications (dApps) with faster transactions and lower gas fees. Soneium Spark incubation program offers up to $100,000 in investment, mentorship, and infrastructure support for Web3 developers, backed by industry leaders like Circle, Optimism, and Chainlink.

Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.

When you get a “GM” from Sota Watanabe, it doesn't mean “good morning.”

Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Story Highlights The live price of Optimism is . Optimism price could go as high as $3.85 by the end of 2024. With a potential surge, the OP price could reach a maximum of $30.25 by 2030. The transactional speed in the world of blockchain and finance is a critical indicator of success.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

As the market gains more bullish momentum, Optimism (OP) investors become more enthusiastic after this week's price actions. According to CoinGecko, the token is up more than 24% since last week which is currently supported by the strong bullish sentiment present within the market.

Filecoin (FIL), the decentralized cloud storage marketplace and protocol, is looking to catalyze further growth with the unveiling of a new public goods developer team. Filecoin's latest announcement? On August 22, 2024, the top project in the decentralized physical infrastructure network (DePIN) ecosystem by market cap, announced the launch of FIL-Builders, or FIL-B.

The altcoin industry has consolidated in a bearish outlook for the past five months despite the notable rise in demand from institutional investors. The increased crypto regulatory clarity in the United States has created an enabling environment for further altcoin growth.

FIL-B introduces a public goods DX team to support builders on Filecoin (FIL), aiming to enhance the developer experience and community growth.