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As the second quarter of 2024 beckons with pivotal events like the Bitcoin halving and potential Ethereum ETF developments, DeeStream emerges as a standout for growth potential, contrasting with anticipated challenges for USDT and FIL.
The second quarter of 2024 seems to be a jam-packed period that investors will have to navigate. There is the Bitcoin (BTC) halving on one end and the potential approval or rejection of a spot Ethereum (ETH) ETF in the U.S. It promises to be a wild ride for investors who anticipate the bull run to go in full swing.
With that in mind, analysts are predicting promising growth for DeeStream (DST) while hinting at potential setbacks for Tether (USDT) and Filecoin (FIL). With volatility expected to continue shaping the landscape, investors are closely scrutinizing these digital assets and positioning themselves accordingly.
Filecoin achieves remarkable storage milestone
Filecoin, a decentralized storage network, posted on X on March 25 that it has reached new storage milestones of 2.1 EiB data onboarded and 7.6 EiB raw byte data capacity. This achievement for Filecoin underscores the growing demand for decentralized storage solutions and Filecoin’s pivotal role in meeting this need.
At the time of writing, Filecoin has a price of $9.65, a 16.88% increase from the past month. Zooming the graph further shows that Filecoin is struggling. Filecoin has fallen from a high of $11.73 on March 9, leaving analysts predicting that the cryptocurrency could face further resistance in Q2 2024.
OKX delists Tether in Europe
Reports show that crypto exchange OKX has halted support for Tether trading pairs in the European economic area. This development was shared via images on the X social media platform, revealing that Tether USDT trading pairs are being removed from
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Author: Guest Post