Altcoin News by Thebittimes.Com

Solana has partnered with Filecoin to boost its blockchain’s reliability and scalability. Bitcoin Dogs has raised over $1.7 million as the crypto community flock to the world’s first ICO on Bitcoin. Solana is looking to bolster its block chain network with a key partnership with decentralized storage platform Filecoin. Meanwhile, Bitcoin Dogs is storming through its presale as the crypto community takes note of its potential. Solana and Filecoin partner In one of the groundbreaking developments this week, Filecoin, the decentralized data storage marketplace and crypto platform, announced it had integrated with Solana, the block chain network home to a bustling token ecosystem. Filecoin said in a statement that the collaboration will see Solana tap into Filecoin’s infrastructure to bolster the reliability and scalability of its network. The partnership comes a few days after Solana suffered an outage and is a major move that signals the bloc...

The Shiba Inu [SHIB] ecosystem witnessed an array of developments over the last couple of months. In addition to this, the holder count of the meme coin has been on a rise. Amidst this, community-driven burns have been taken the front stage. Despite these developments, the price of SHIB has been quite stagnant. While the community has been urging burn portals to destroy more SHIB to boost the price of the asset, Shibburn, a prominent platform, pointed out that it wasn’t exactly how the burn mechanism worked. In a recent tweet, Shibburn revealed that burns alone wouldn’t push the price of the meme coin SHIB. However, it was pertinent. The platform tweeted, “Supply + Demand, that’s what drives the price up. Burning is equivalent to ‘someone buying $100’ in tokens and never ‘selling it’ since it’s locked forever. Imagine a team telling their holders that burning has no effect on price when their supply is in the quadrillions....