FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles
FIL’s market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin’s Feb. 16 announcement that it would host programmable blockchain Solana’s block history.
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FIL’s market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin’s Feb. 16 announcement that it would host programmable blockchain Solana’s block history.
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
“GBTC is the gift that keeps giving,” one observer said.
The index has a solid track record of shifts in the bitcoin market trend.
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was “at the core” of the government’s criminal allegations against him.
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