Latest BitTensor News

Grayscale Files Form 10 for Bittensor Trust, Paving the Way for AI-Driven Crypto Assets cover
2 days ago

Grayscale Files Form 10 for Bittensor Trust, Paving the Way for AI-Driven Crypto Assets

Grayscale, a leading digital asset manager, has made a significant move in the cryptocurrency space by filing Form 10 with the SEC for its Bittensor Trust ($TAO). This filing marks the initial step toward becoming a reporting company under U.S. securities law, which could potentially reduce private placement holding periods from 12 months to 6 months. If successful, this would facilitate public trading on OTC markets and bolster institutional confidence in AI-driven crypto assets, paving the way for broader adoption of Bittensor’s decentralized AI network. The announcement was made via Grayscale's official X account, emphasizing the importance of increased accessibility, transparency, and regulatory standing. Should the SEC approve the Form 10, the Bittensor Trust will be required to file quarterly, annual, and current reports, similar to public companies. This level of transparency is expected to enhance investor trust in $TAO, the native token of Bittensor, which incentivizes AI model contributions through cryptocurrency. Grayscale's intent to seek public quotation of Bittensor Trust shares on OTC Markets further indicates its commitment to regulatory compliance and market legitimacy. The timing of this filing is particularly strategic, as AI-related tokens have seen significant growth, attracting both speculative and institutional interest. Bittensor operates as a decentralized AI marketplace, allowing developers to train models and earn $TAO based on performance. The trust provides institutional investors with a regulated investment vehicle to gain exposure to AI infrastructure without the complexities of managing data centers. Following the announcement, $TAO experienced a surge in trading volume, with analysts predicting continued bullish momentum as Grayscale's compliance efforts progress, potentially leading to increased liquidity and market activity for the token.
Bittensor (TAO) Surges 16.4% Amid Institutional Investment and Technical Breakout cover
4 days ago

Bittensor (TAO) Surges 16.4% Amid Institutional Investment and Technical Breakout

Bittensor has recently made headlines with an impressive 16.4% price surge within just 24 hours, significantly outpacing the broader cryptocurrency market, which saw a mere 0.08% increase. The TAO token's price jumped by 13.36% to reach $368.89, supported by a market capitalization of $3.71 billion and a trading volume of $228 million. This surge is attributed to a combination of fresh capital inflow and excitement across the sector, particularly following the launch of a new fund by Yuma Asset Management. As TAO breaks through crucial resistance levels, it is becoming a focal point for traders and investors alike. Analyzing the TAO price movement reveals a strong bullish trend. The 4-hour chart indicates that after a period of consolidation, the price has surged past key Fibonacci resistance levels, moving from $353.8 to a high of $377.8. This breakout is backed by significant trading volume, reinforcing the strength of the rally. Technical indicators are also showing bullish signals, with the Relative Strength Index (RSI) at 74.81, indicating strong momentum but also cautioning potential buyers about overbought conditions that could lead to corrections. The widening of the Bollinger Bands further suggests heightened volatility in the upward direction. Looking ahead, key price levels for Bittensor are crucial. Support is established at $353.8, while resistance is noted at $394.5. With institutional backing and a successful breach of major resistance, TAO appears poised for further upward movement. However, traders should remain vigilant for any signs of a short-term pullback, as the current overbought conditions could prompt corrections. Overall, Bittensor's recent performance highlights its potential as a significant player in the cryptocurrency landscape.
Barry Silbert Launches Yuma Asset Management to Invest in AI Networks cover
5 days ago

Barry Silbert Launches Yuma Asset Management to Invest in AI Networks

Barry Silbert, the founder of Digital Currency Group (DCG), has launched Yuma Asset Management, a new fund aimed at investing in artificial intelligence (AI) networks, particularly focusing on the Bittensor platform. Initially seeded with $10 million, Yuma is designed to support early-stage teams developing decentralized AI infrastructure. Silbert expressed a renewed excitement about the potential of Bittensor, stating that it represents a significant utility in AI, distinguishing it from what he terms as speculative "AI pretenders." The fund aims to provide institutional investors with structured exposure to the convergence of crypto and AI technologies. Silbert's enthusiasm for Bittensor is rooted in its ability to deliver practical applications, such as BitMind, a tool that identifies deepfake images. This focus on utility serves as a counterpoint to numerous crypto projects that he believes lack substantive technology and are merely capitalizing on the AI hype. Yuma's fundraising strategy is tailored for high-risk investors, targeting wealthy individuals and institutions willing to embrace the potential for total loss in exchange for the chance of monumental gains. The fund's structure is designed to appeal to institutional capital, with comparisons being drawn to established market indices like the Nasdaq and Dow Jones Industrial Average. The launch of Yuma comes at a pivotal moment following a tumultuous period for DCG, which has faced regulatory challenges, layoffs, and fraud allegations in the wake of the FTX collapse. This strategic move not only signifies Silbert's return to the forefront of the crypto landscape but also reflects a broader shift in the crypto-political climate post-presidential election. With Bittensor's market valuation currently around $3 billion, Silbert's ambition for Yuma appears to be both bold and calculated, aiming to harness the potential of AI in the evolving crypto ecosystem.
Chainlink Leads Social Engagement in DePIN Projects cover
12 days ago

Chainlink Leads Social Engagement in DePIN Projects

In a recent analysis by Phoenix Group and LunarCrush, Chainlink (LINK) has emerged as the leader in social engagement among decentralized physical infrastructure network (DePIN) projects. With a remarkable 15,200 engaged posts and 3.6 million interactions within a 24-hour period, Chainlink significantly outperformed its competitors, showcasing a vibrant community discussion around its protocol. This high level of engagement not only cements Chainlink's position at the top but also reflects the growing interest in decentralized infrastructure solutions. Following Chainlink, Bittensor (TAO) secured the second position with 9,700 posts and 876,800 interactions, indicating strong community momentum despite being far behind Chainlink. The Internet Computer Protocol (ICP) rounded out the top three with 4,200 posts and 300,600 interactions, demonstrating steady traction among its user base. Other notable projects like Arthera (ATH), which recorded 3,000 posts and 475,700 interactions, also showed significant community response, highlighting the diverse engagement levels across the DePIN landscape. The rankings also featured smaller projects such as Grass and Dione, which, despite lower posting activity, managed to attract considerable interactions, indicating a growing interest in emerging networks. The data underscores a trend where social metrics are becoming essential indicators of project momentum, as they reflect how well these projects resonate with their communities. As the DePIN sector continues to evolve, the increasing engagement from both established and emerging tokens suggests a vibrant future for decentralized infrastructure initiatives.
Bittensor and Ethereum Show Strong Market Potential Amid BlockDAG's Real Adoption cover
24 days ago

Bittensor and Ethereum Show Strong Market Potential Amid BlockDAG's Real Adoption

Bittensor (TAO) and Ethereum (ETH) are at the forefront of discussions among market analysts, with both cryptocurrencies showing promising potential for growth. Bittensor has set ambitious targets, with predictions suggesting a possible rise to $1000, driven by its AI-focused blockchain framework. Analysts highlight the importance of decentralized intelligence markets and increasing adoption as key factors that could help TAO reach this milestone. Currently, TAO is consolidating around strong support levels, indicating steady accumulation, although volatility remains a concern. For Bittensor to realize its ambitious projections, broader adoption and participation from larger players will be crucial. Ethereum, on the other hand, continues to maintain its central role in the cryptocurrency market. Recent analysis indicates that ETH has remained stable at critical levels, with the potential for a bullish breakout if it surpasses the $4,600 mark. The increasing inflow of ETFs and a burgeoning DeFi sector are contributing to Ethereum's resilience. On-chain activity is also supportive, with a rise in active addresses and strong staking demand. However, analysts warn that a significant upward movement will require robust trading volumes, particularly above $4,700, to sustain momentum into 2025. Meanwhile, BlockDAG (BDAG) is making strides in the presale space, having raised nearly $410 million and demonstrating real adoption through the delivery of over 19,900 miner units. With a presale price fixed at $0.0013 until October 1, BlockDAG is positioning itself as a strong contender in the market. Its infrastructure and community support are evident, with features that enhance transparency and engagement. As the project prepares for its exchange launch, its focus on tangible progress sets it apart from more speculative ventures, making it a noteworthy option for investors looking to buy and mine in 2025.
Decentralizing AI: Insights from xTAO's Karia Samaroo cover
a month ago

Decentralizing AI: Insights from xTAO's Karia Samaroo

Karia Samaroo, the founder and CEO of xTAO, has been vocal about the necessity for decentralization in artificial intelligence (AI). In a recent interview, he emphasized that the current centralized nature of AI, predominantly controlled by major tech companies, poses significant risks. Samaroo draws parallels between Bittensor, a decentralized AI ecosystem, and Bitcoin, highlighting that both aim to eliminate centralization risks. By decentralizing AI, Bittensor allows for a more open and transparent system where users can access and contribute to AI models without the constraints imposed by a single authority. Samaroo points out that the Bittensor network operates as a “worldwide web of AI,” encompassing various subnetworks that address different challenges within the AI stack. This interconnectedness not only enhances scalability but also fosters an environment of open innovation where AI engineers can experiment and monetize their models freely. Unlike traditional AI models that require individuals to navigate through corporate hierarchies, Bittensor empowers users to directly engage with the network, thereby promoting a more inclusive and rewarding ecosystem. Furthermore, Samaroo discusses how decentralized AI can compete with data-rich models from big tech firms. By incentivizing crowdsourced data collection, decentralized networks can potentially match or exceed the quality of datasets controlled by major companies. He also addresses concerns regarding safety and bias in AI outputs, explaining that Bittensor incorporates validators to monitor and ensure the quality of outputs. This decentralized governance model allows participants to adjust incentives based on performance, fostering a system that is more representative and accountable to its users. Ultimately, Samaroo believes that decentralized AI can provide a fairer and more transparent alternative to the current centralized models, aligning better with user needs and expectations.
Aethir Price Soars 43% Amid Bullish Cryptocurrency Market cover
a month ago

Aethir Price Soars 43% Amid Bullish Cryptocurrency Market

Aethir, a cryptocurrency within the decentralized physical infrastructure networks (DePIN) ecosystem, has recently experienced a significant price surge, rising 43% to reach highs near $0.045. This remarkable increase has allowed Aethir to outpace other notable DePIN tokens such as Bittensor and Render. The bullish momentum in the cryptocurrency market is largely attributed to a positive outlook on risk assets, particularly ahead of the anticipated interest rate cuts by the Federal Reserve, which have sparked renewed investor confidence in the sector. The token's price movement was particularly notable as it climbed from lows of $0.030 to an intraday high of $0.04437. At the time of writing, Aethir was trading around $0.042, marking its highest level since June 16, 2025. This surge coincided with Aethir's announcement of a strategic partnership with Credible Finance, which introduced the first decentralized physical infrastructure network-powered crypto credit card. Despite facing challenges earlier in the summer, where the price dipped to $0.025, the latest rally indicates a strong buyer interest that has successfully breached previous resistance levels. The overall cryptocurrency market has been buoyed by the performance of major coins, with Bitcoin surpassing $112,000 and Ethereum moving above $4,330. This positive trend has also benefited the DePIN sector, which saw its market capitalization increase by 3% to over $34.8 billion. Aethir's trading volume surged to $95.7 million, reflecting a staggering increase of over 1,300%. With a current market cap of $473 million, Aethir is positioned for potential growth as it approaches its all-time high of $0.29, reached in June 2024.
TAO Price Analysis: Navigating Challenges Amidst Growing Social Engagement cover
2 months ago

TAO Price Analysis: Navigating Challenges Amidst Growing Social Engagement

In recent weeks, the TAO price has garnered significant attention as Bittensor continues to lead discussions in the AI-driven cryptocurrency sector. Despite a strong social sentiment surrounding the project, the price dynamics reveal ongoing challenges. Currently, the TAO price is navigating a critical phase, caught between bearish pressure and the potential for recovery. Market conditions indicate that while social engagement is high, with 24.8K posts and 3M interactions reported in just 24 hours, this enthusiasm is not yet reflected in the price action. The recent performance of TAO has been concerning, with a decline of 1.2% in the last 24 hours and over 23% in the past month. The price chart indicates that TAO has struggled to generate positive momentum amid a weak broader market. Resistance levels between $460 and $480 have proven to be significant barriers, and in August, TAO fell below the critical support level of $358, shifting the trend towards bearish sentiment. Currently, the token hovers around the $320 support level, with risks pointing towards a potential retest of $301. Looking ahead, the Bittensor price prediction remains cautious in the short term, as bears may target deeper corrections towards the $200 support. However, the long-term outlook for Bittensor remains optimistic due to its role in decentralized AI infrastructure. The unique design of rewarding distributed computing power with TAO tokens continues to attract long-term believers. If the broader cryptocurrency market rebounds, it could shift sentiment positively, allowing TAO to stabilize and potentially recover, with bulls eyeing the $490 level as a target for the year ahead.
Surge in Social Engagement Highlights Key Players in DePIN Sector cover
2 months ago

Surge in Social Engagement Highlights Key Players in DePIN Sector

The decentralized physical infrastructure network (DePIN) sector has recently witnessed a surge in online discussions, highlighting several major projects that have dominated social media activity. Leading the charge is Chainlink ($LINK), which has solidified its presence in crypto conversations with an impressive 21,600 posts and a staggering 4.6 million interactions. This level of engagement underscores Chainlink's significance in the DePIN landscape, showcasing its ability to attract attention and foster community involvement. Following Chainlink, Bittensor ($TAO) has emerged as a strong contender, securing the second position with 15,500 engaged posts and 1.7 million interactions. The growing interest in Bittensor reflects its appeal within communities, particularly due to advancements in decentralized AI and infrastructure solutions. Internet Computer ($ICP) ranks third, generating 6,200 posts and 325,600 interactions, while Render ($RENDER) also made notable strides with 4,400 posts and 248,500 interactions. Meanwhile, Helium ($HNT) and Akash Network ($AKT) demonstrated solid community engagement, with HNT achieving 1,800 posts and 59,200 interactions, and AKT garnering 1,700 posts and 70,900 interactions. The data indicates that social engagement within DePIN projects is a crucial indicator of strength, as trust and participation hinge on the representation of social capital. Projects like Chainlink, Bittensor, and Internet Computer are not only driving interaction but also shaping the future of decentralized networks in connectivity and cloud services. As the industry continues to evolve, the ability of these projects to maintain high levels of engagement will likely play a pivotal role in determining their long-term impact and relevance in the blockchain ecosystem.
Bitcoin Swift (BTC3) Gears Up for Launch Amid Growing Interest in Bittensor and Chainlink cover
2 months ago

Bitcoin Swift (BTC3) Gears Up for Launch Amid Growing Interest in Bittensor and Chainlink

In the rapidly evolving cryptocurrency landscape, Bittensor and Chainlink are making headlines as they gain significant traction in August. Bittensor, trading around $350 with a market cap nearing $3 billion, is focused on creating an incentive layer for AI contributors. Meanwhile, Chainlink, valued in the mid-$20s and boasting a market cap of approximately $16 billion, continues to enhance data connectivity for decentralized finance (DeFi), gaming, and real-world asset flows. The growing demand for oracles has fueled optimism among traders, particularly with the introduction of Bitcoin Swift (BTC3), which has recently entered Stage 6 of its presale, raising over $1 million and set to launch on August 30 with enticing rewards for early participants. Bitcoin Swift (BTC3) is designed as a comprehensive decentralized finance stack, integrating adaptive Proof-of-Yield rewards, AI-driven smart contracts, and a privacy-first decentralized identity. The platform aims to provide scalability and compliance from the outset, with plans to launch on the Solana blockchain, allowing for thousands of transactions per second at minimal fees. Following its initial launch, BTC3 will transition to its own chain, ensuring long-term sovereignty and governance adaptability as the network matures. This innovative approach is expected to deliver immediate utility and rewards, distinguishing BTC3 from traditional presales. As BTC3's presale progresses, Stage 6 is currently live at $6 with an impressive 166% annual percentage yield (APY). With less than eight days remaining in the presale, the urgency is palpable, especially with a bonus structure that incentivizes larger investments. The community surrounding BTC3 has grown significantly, surpassing 4,000 members and generating substantial interest from influencers and crypto enthusiasts alike. The combination of immediate payouts, thorough audits, and a robust launch strategy positions Bitcoin Swift as a standout opportunity in the current market, appealing to those seeking both yield and credibility in their investments.
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