Deutsche Digital Assets and Safello Launch Bittensor Staked TAO ETP

Powerledger has successfully integrated Wormhole’s Native Token Transfers (NTT) standard, allowing its POWR token to function as a multichain asset. This integration marks a significant milestone, enabling POWR to exist natively on both Ethereum and Solana without the need for wrapped or synthetic tokens. By leveraging this approach, Powerledger aims to enhance user experience and maintain the authenticity of the POWR token across multiple blockchains. The decision to expand to Solana was driven by the desire to provide users with more flexibility and access to a high-speed, low-cost transaction environment, complementing Ethereum's robust DeFi ecosystem. The advantages of using Wormhole’s NTT over traditional bridging solutions are substantial. Unlike typical bridges that create wrapped versions of tokens, which can lead to liquidity fragmentation, Wormhole’s NTT allows POWR to be deployed natively on each blockchain. This ensures that the POWR token remains consistent across networks, preserving its integrity and value. Additionally, the NTT standard simplifies the user experience, allowing for seamless cross-chain transfers and reducing potential confusion among users regarding token versions. This unified approach enhances liquidity and pricing efficiency, making it a strategic choice for Powerledger as it looks to expand further into other blockchains. The collaboration with Wormhole not only enhances the POWR token's functionality but also aligns with Powerledger's mission to democratize access to energy markets globally. By enabling easy cross-chain transfers and providing users with the flexibility to choose their preferred blockchain, Powerledger is empowering its community. This multichain rollout is a testament to the potential of cross-chain innovation, showcasing how collaboration can lead to improved user experiences and greater adoption of blockchain technology in the energy sector. As Powerledger looks to the future, it remains committed to exploring additional networks while maintaining the high standards established through its partnership with Wormhole.

Nvidia CEO Jensen Huang's recent visit to China has ignited a significant rally in AI-focused cryptocurrencies, alleviating investor concerns regarding U.S.-China tech tensions. The total market capitalization of the AI crypto sector surged to $32.88 billion, buoyed by a remarkable 35.56% increase in Virtual Protocol (VIRTUAL). Other notable AI tokens such as AIXBT, Akash Network (AKT), and Render (RNDR) also experienced double-digit gains, indicating a broader resurgence in investor confidence within the sector. The impact of Huang's diplomatic mission was immediate and profound. His visit was interpreted as a positive sign for ongoing AI development despite geopolitical challenges, leading to a notable spike in the prices of established AI tokens. Analysts from Fundstrat highlighted VIRTUAL's unique positioning to leverage the burgeoning AI agent economy, further fueling investor interest. Meanwhile, early-stage projects like DeepSnitch AI are capturing attention as they offer exposure to AI infrastructure at a lower cost, making them attractive options for savvy investors looking for growth opportunities. DeepSnitch AI has emerged as a standout project, currently trading at $0.02032 in its presale stage. The platform aims to address the information asymmetry faced by crypto traders by utilizing AI agents to track whale movements and market trends in real-time. Having raised over $470,000 in its presale, DeepSnitch is positioned for explosive growth, with projections of potential 100x returns by 2025. As optimism builds in the AI crypto sector, driven by the recent rally and the anticipation of positive developments from the upcoming U.S.-China trade meeting, investors are keenly eyeing opportunities like DeepSnitch AI to capitalize on this momentum.

Bittensor (TAO) has recently experienced a significant price surge, climbing over 10% and surpassing the $450 mark. This increase is largely attributed to renewed demand for its subnets and a rise in speculative activity, which has sparked optimism within the AI crypto sector. The decentralized machine-learning network has seen a notable spike in trading volumes and open interest, indicating a growing confidence among investors. As TAO breaks through key resistance levels, traders are now setting their sights on the $500 milestone, raising questions about whether this AI-powered blockchain can maintain its bullish momentum. The rally in Bittensor's price can be linked to a combination of bullish technical and fundamental factors. A significant catalyst is the increasing demand for Bittensor's subnets, which saw an 11% increase in market cap in just 24 hours, showcasing heightened usage and developer engagement. Additionally, futures open interest surged nearly 19%, reflecting strong speculative participation. On a technical level, TAO has successfully broken above a long-term descending trendline, signaling a key bullish reversal pattern that has attracted the attention of traders who view Bittensor as a promising player in the AI and crypto narrative, especially with growing institutional interest in decentralized machine learning networks. From a technical perspective, Bittensor's breakout above $434 has transformed a crucial resistance level into support, confirming a bullish reversal on both the 4-hour and daily timeframes. The price has consistently formed higher highs and higher lows, indicating sustained buying momentum. Analysts have identified the $466–$475 range as the next critical resistance zone, beyond which TAO could aim for $500 in the short term. With rising trading volumes and the potential for a golden cross—a classic bullish signal—Bittensor appears to be well-positioned for further gains. However, the $470–$480 range remains a significant barrier that must be overcome for continued upward movement toward $500 and beyond.

In the ever-changing landscape of the cryptocurrency market, trading can prove to be a daunting task, particularly when external selling pressures influence token prices. To mitigate these challenges, the Roam Team has unveiled the Pilot Buyback Program, aimed at purchasing $ROAM tokens from the market to decrease the circulating supply. This initiative not only provides $ROAM token holders with a secure and transparent trading option directly with Roam but also allows participants to minimize their exposure to market fluctuations while maximizing transaction value. The Pilot Buyback Program offers several key benefits. Firstly, by repurchasing $ROAM tokens, Roam effectively reduces the circulating supply, which can enhance value concentration among dedicated holders and foster a stronger long-term relationship with the community. Secondly, the program enables users to sell significant amounts of $ROAM at a stable, predetermined price, insulating them from the volatility caused by other traders. Additionally, participants who opt to repurchase their tokens during the program can enjoy a 10% discount if the current market price exceeds their original trade price, further incentivizing engagement. Lastly, all buyback transactions are managed directly by the Roam Team, ensuring a secure and seamless process from initiation to settlement. To participate in the Pilot Buyback Program, users must follow a straightforward process. Initially, they should contact the Roam moderator on Telegram and provide essential information, including a referral code, the number of $ROAM tokens to sell, and their wallet address. Once the transaction details are finalized with a Roam team member, participants will send their $ROAM tokens to a designated address. After confirmation of receipt, the equivalent USDT will be transferred to the specified wallet. It is important to note that tokens sold will be subject to a two-week lock-up period before any repurchase requests can be made. This program is currently in a limited testing phase, and its rules may evolve over time.

The Hivemapper Network has introduced a new proposal for region-based staking, allowing participants to stake HONEY tokens in specific geographic areas to earn weekly rewards based on the activity in those regions. This innovative approach encourages stakers to commit to particular areas, rewarding them when those regions achieve significant mapping progress and real-world data consumption. Each week, 10% of global emissions, reallocated from MIP-22, will fund the staking pool rewards, which are distributed exclusively to regions with active stakes. The rewards are divided into two categories: 70% based on regional mapping progress and 30% based on actual network consumption, ensuring that resources are directed to areas generating genuine activity. The mechanics of region-based staking involve a soft cap for each region, preventing excessive concentration of stakes. The mapping progress pool rewards regions based on how much of their soft cap is filled, while the consumption pool allocates rewards based on actual HONEY burns from network usage. This dual approach not only incentivizes mapping contributions but also aligns the interests of stakers and mappers, fostering a sustainable ecosystem. Unclaimed rewards from inactive regions will be permanently burned, further promoting active participation and fair competition across all regions. Overall, region-based staking is designed to transform HONEY into a tool for active network participation, driving growth and sustainability within the Hivemapper ecosystem. By directing capital to high-potential regions and linking token value to real-world utility, this initiative aims to create a decentralized mapping network with committed participants. The community is encouraged to engage in discussions about this proposal on Hivemapper's Discord server, with feedback being collected until November 2, 2025, to refine the network's design and ensure its long-term success.

The Akash Network's native token, AKT, experienced a remarkable surge of 31% over the weekend, largely driven by a broader recovery in the cryptocurrency market. Bitcoin's resurgence above $115,000 played a significant role in lifting AKT's price, but as of the latest updates, it struggled to reclaim the $1 mark. While there was optimism about the potential for AKT to reach $1.5 if it could first stabilize above $0.85, profit-taking activities appeared to be hindering further gains. This recent upswing in AKT's price coincided with notable whale activity, as reported by CryptoQuant. The presence of large orders in the spot markets suggested that significant players were engaging with AKT, contributing to its sharp rally. Additionally, the timing of this surge followed a major outage at Amazon Web Services (AWS), which affected numerous Web3 applications. Akash Network, as a decentralized cloud provider, capitalized on this situation by positioning itself as a reliable alternative, emphasizing the importance of avoiding single points of failure in cloud services. Despite the positive momentum, the market showed no signs of excessive froth that could lead to liquidation risks. Current indicators suggest that the market is in a 'Cooling' phase, which may prevent drastic reversals. However, the influx of tokens into exchanges indicated that profit-taking was prevalent during the weekend's price pump. Until this profit-taking subsides, AKT may continue to face challenges in breaking through the $1 barrier, with bulls needing to regroup for another attempt at higher targets.