Latest BitTensor News

TAO Synergies, a Nasdaq-listed company, has significantly bolstered its treasury holdings in Bittensor, a decentralized artificial intelligence project. The company currently holds 42,111 TAO tokens, which it has acquired through purchases and staking. In July, TAO Synergies made a notable investment of $10 million in Bittensor tokens, further solidifying its strategy to focus on this digital asset. Following this announcement, the price of TAO saw a slight increase of about 3%, trading around $347, although it remains below its peak of $700 from December 2024. The recent acquisition of Bittensor tokens adds to the 29,899 tokens that TAO Synergies purchased for $334 each earlier in July. Joshua Silverman, the executive chairman of TAO Synergies, emphasized the company's commitment to accumulating TAO tokens through both purchases and staking. He stated that their strategy is centered around the intersection of decentralized AI and blockchain technology, positioning TAO Synergies as the largest publicly traded digital asset treasury company focused solely on the Bittensor network and its DeAI protocol. In addition to its investment strategy, TAO Synergies has partnered with BitGo to leverage its infrastructure for the custody, staking, and trading of its TAO holdings. The company's pivot towards AI-related cryptocurrencies began with its rebranding from Synaptogenix in late June. With the growing interest in decentralized AI, other companies like xTAO are also investing in Bittensor, with xTAO reporting holdings of 41,538 TAO tokens in July, indicating a broader trend in the market towards decentralized AI assets.

Bittensor's TAO token has recently experienced a significant decline, dropping nearly 10% in a single day after failing to maintain its critical support zone between $360 and $370. This area was considered pivotal, aligning with the 0.5 Fibonacci retracement level around $375, where traders typically anticipate bullish reversals. However, the market pressure has driven the price down to approximately $342, indicating strong selling momentum and raising concerns among traders about whether this is merely a shakeout or the beginning of a deeper retracement. As the price hovers near $342, traders are now focusing on the next critical levels of support. The 0.618 Fibonacci zone at $353 briefly failed to hold, and below that, the 0.705 level at $338 and the 0.79 level near $323 are now under scrutiny. If the selling persists, the 1.0 Fibonacci retracement level at $285 could come into play. These levels often serve as safety nets for exhausted markets, but the current pressure remains on the downside until buyers step in to stabilize the price. Despite the recent breakdown, the bullish outlook for TAO is not entirely extinguished. A strong rebound from the current levels could pave the way for a recovery towards $440 and $460, with even higher targets of $512 and $643 if momentum returns. For this to happen, the price must reclaim the broken $360–$370 range. As Bittensor navigates this critical phase, traders are on high alert, watching closely to see if TAO can establish a base around $340 or if it will continue its downward trajectory, which will significantly influence the market's direction for the remainder of August.

The artificial intelligence cryptocurrency sector is witnessing significant growth as various blockchain projects increasingly integrate machine learning technologies into their platforms. A notable development in this space is the formation of the Artificial Superintelligence Alliance, resulting from the merger of three established platforms: Fetch.ai, SingularityNET, and Ocean Protocol. This alliance aims to create the most powerful decentralized AI network, focusing on AI services, data marketplaces, and autonomous agents. By combining their resources, the three projects intend to enhance their ecosystem presence and develop a comprehensive roadmap for future advancements. Bittensor is another key player in this sector, operating a decentralized neural network that rewards users for training AI models. This innovative approach creates data science marketplaces and facilitates collaborative model training, allowing users to contribute to decentralized decision-making processes. Unlike traditional centralized AI training methods, Bittensor distributes computational work across multiple participants, fostering growth in the decentralized machine learning sector. Additionally, Near Protocol offers a developer-friendly blockchain with advanced consensus mechanisms, supporting real-time transaction speeds essential for AI applications and enabling developers to build scalable smart contracts and AI-powered decentralized applications. In the financial domain, Numeraire powers Numerai, a hedge fund utilizing AI for stock market predictions, employing global data scientists to create predictive models. These scientists stake NMR tokens and receive rewards for their accuracy, merging crowd-sourced intelligence with financial incentives. Render Network addresses the computational demands of AI processing by leveraging idle GPU power worldwide, supporting distributed rendering for AI graphics and deep learning applications. As the AI cryptocurrency market continues to grow, new projects emerge, focusing on various applications, from gaming to cloud computing, while also facing typical cryptocurrency volatility and regulatory uncertainties.

xTAO Inc. has made headlines with its recent announcement regarding a substantial expansion of its holdings in the Bittensor token (TAO), positioning itself as a key player in the intersection of AI and blockchain technology. As of July 30, xTAO revealed that it is now the largest corporate holder of TAO, boasting a total of 41,538 tokens. This strategic investment is aimed at enhancing its validator operations and increasing its influence within the Bittensor network infrastructure. The company anticipates earning an annual yield of 10 percent on its staked TAO, although the actual dollar yield will be contingent on the token's market performance. The CEO of xTAO, Karia Samaroo, emphasized the significance of the TAO treasury, stating, "The TAO treasury gives us immediate economic exposure to Bittensor and the fuel to stand up validators that generate reliable revenue." This initiative reflects xTAO's commitment to building essential infrastructure while generating sustainable cash flow that aligns with the growth of the Bittensor network. Currently, TAO is trading at $371.90, having experienced a correction from its monthly high of $459.73, and is down 51% from its all-time high recorded in April 2024. In addition to its holdings, xTAO has also disclosed that it possesses substantial cash reserves, allowing for further expansion of its TAO investments. The company went public on July 22 on the TSX Venture Exchange under the ticker XTAO.U, with trading conducted in US dollars. xTAO's focus remains exclusively on the Bittensor ecosystem and its decentralized AI infrastructure. The firm has successfully secured $22.8 million in subscription-receipt financing from notable investors, including Digital Currency Group and Animoca Brands, further solidifying its position in the rapidly evolving AI and blockchain landscape.

TAOX Soars 13% After $10M TAO Buy, Becomes Top Public Holder of Token TAO Synergies Inc. (TAOX) surged by 13.30% to $10.65 as of early afternoon trading. The move follows its $10 million acquisition of TAO, the crypto asset tied to the Bittensor network. This decisive action positions TAO Synergies as the largest public holder of TAO and reflects its focused treasury strategy. TAOX Bets Big on Decentralized AI with $10M Stake in Bittensor’s TAO TAO Synergies completed the purchase of 29,899 TAO tokens at an average price of $334 each. The firm executed the acquisition in line with its strategy to hold Bittensor’s TAO for long-term yield and growth. The company announced that it had staked all acquired TAO tokens to earn continuous network rewards from the Bittensor protocol. This move adds a yield-generating layer to its crypto treasury strategy, enhancing both income and exposure. The focus on TAO aligns with its plan to capitalize on decentralized AI growth across emerging blockchain networks. TAOX Leads AI Crypto Wave, Staking 29,899 TAO for Long-Term Yield TAOX confirmed that its treasury strategy is centered solely on TAO, reflecting its full commitment to this AI-focused token. The executive team expressed confidence in the token’s potential as spending shifts toward decentralized infrastructure. This approach separates the firm from diversified crypto holders by making it a pure-play TAO entity.

Bittensor's TAO token is experiencing a resurgence, with projections indicating a potential 70% price increase in the coming weeks. After a period of stagnant trading, TAO has gained significant attention, climbing 51% over the past month to approximately $431. This bullish momentum is attributed to a recent update from Binance, which removed the Seed Tag from TAO, suggesting a shift in the token's risk profile. Experts believe that with this newfound stability, TAO could reach prices between $1151 and $1239 by August 2025, making it an attractive option for traders. In parallel, Unilabs Finance is emerging as a significant player in the DeFi sector with its upcoming AI Fund launch in 2025. This innovative project aims to simplify trading for investors by leveraging AI to assess blockchain projects based on their real-world utility, market relevance, and security. The AI Fund will allow investors to gain exposure to AI-driven assets, capitalizing on the growing interest in tokens like TAO. Additionally, Unilabs offers various investment vehicles, including a BTC Fund and a Mining Fund, catering to different sectors within the crypto market. The presale for Unilabs has been remarkably successful, raising over $6.4 million and selling more than 1 billion tokens. With a current valuation of $0.0074 per UNIL token, analysts predict a rise to $0.0085 in the next presale stage. Unilabs also features advanced tools like an Early Access Scoring System and market insights, which help investors identify promising projects early and make informed decisions. As both Bittensor and Unilabs gain traction, they present compelling opportunities for investors looking to engage in the evolving landscape of AI and blockchain integration.

In a year characterized by increasing interest in AI-integrated blockchain platforms, investors are closely examining the long-term potential of tokens like Ozak AI and Bittensor (TAO). As the demand for decentralized infrastructure and intelligent data analytics continues to rise, both projects present unique value propositions. This analysis compares their frameworks, utility models, and market indicators to assess which token may offer stronger upside potential by 2025. Ozak AI is focused on delivering decentralized predictive analytics through a structured ecosystem that includes the Ozak Stream Network (OSN), Decentralized Physical Infrastructure Networks (DePIN), and AI-powered Prediction Agents. This platform is designed to support real-time data automation and financial modeling, utilizing blockchain and enterprise systems. Data is processed via IPFS across distributed nodes, ensuring resilience and operational continuity. In contrast, Bittensor’s protocol revolves around a decentralized machine learning model, incentivizing the development and sharing of neural networks through a blockchain-based marketplace. While Bittensor offers a robust mechanism for machine learning collaboration, its applications are primarily research-oriented, unlike Ozak AI’s focus on real-time financial deployments. Market performance data reveals that Bittensor (TAO) is trading at approximately $441.49, with a market capitalization of $4.17 billion and a fully diluted valuation of $9.26 billion. Meanwhile, Ozak AI is currently in stage four of its presale, with tokens priced at $0.005 each and over $1.41 million raised so far. The total supply of $OZ is capped at 10 billion, which helps avoid inflation. Ozak AI also offers a $1 million giveaway for potential investors, enhancing its appeal. As both projects evolve towards 2025, Ozak AI's emphasis on practical utility and financial automation positions it as a strong contender in the AI-token space, particularly for applications that require data-driven insights and system integration.

The altcoin market is currently experiencing significant activity, with investors keenly researching potential opportunities. Three altcoins have emerged as noteworthy contenders this week: Hedera, Bittensor, and BlockchainFX (BFX). Each of these projects showcases unique value propositions that are capturing the attention of the crypto community, making them strong candidates for any investment portfolio. BlockchainFX, or BFX, is positioning itself as a pioneering crypto super app aimed at enhancing the user experience in digital asset trading. The platform offers instant multi-asset swaps, institutional-level liquidity, and robust security features. A standout aspect of BFX is its innovative reward system, where token holders receive daily staking rewards in both USDT and BFX, funded by trading fees. Additionally, users can utilize a BFX Visa card to withdraw up to $10,000 monthly from ATMs, potentially earning substantial passive income based on their holdings. With a presale that has already raised over $3.3 million, BFX is gaining momentum rapidly. Hedera, known for its efficient and low-energy distributed ledger technology, is also making strides in the enterprise blockchain space. Its unique hashgraph architecture allows for secure and scalable applications, making it ideal for businesses. Recent developments and use cases have sparked renewed interest in Hedera, particularly in sectors like supply chain management and carbon credits. Meanwhile, Bittensor is capitalizing on the growing interest in decentralized artificial intelligence. By creating a decentralized machine learning network, Bittensor incentivizes contributions from developers and data scientists, offering a fair reward system that contrasts with traditional centralized AI services. As interest in decentralized AI continues to rise, Bittensor's native token, TAO, is gaining traction, making it a compelling option for investors looking to leverage the AI trend in the crypto space.

Recent developments in the cryptocurrency market highlight significant movements for Hedera (HBAR), Bittensor (TAO), and BlockDAG (BDAG). Hedera has recently broken out past the $0.215 mark, currently trading around $0.238 after a period of sideways movement. Analysts suggest that this bullish momentum could continue if Hedera manages to surpass the next key resistance level. The recent chart analysis indicates a strong bullish candle with over 23% gains, suggesting that buying pressure is holding at these elevated levels, potentially leading to further price increases. Bittensor (TAO) has also shown impressive price performance, recently crossing the $400 threshold and now trading near $413. This increase is attributed to the growing interest in AI-driven projects, with Bittensor's market cap reaching $3.88 billion. Despite its recent gains, the token still trades 45% below its all-time high of $767.68, indicating potential volatility ahead. Observers are optimistic about a possible target of $600, reflecting the strong demand for AI-powered cryptocurrencies. In a noteworthy development, BlockDAG has introduced a 10-day No Vesting Pass, allowing buyers immediate access to their coins upon purchase, a stark contrast to traditional presale models that involve delayed ownership. Currently priced at $0.0016, well below its anticipated launch value of $0.05, BlockDAG has already raised over $342 million and sold 24 billion coins. This innovative approach emphasizes user control and transparency, making it an attractive option for investors looking for immediate ownership and potential high returns as the market evolves.

TAO Synergies Inc., a Nasdaq-listed company, has made a significant move by acquiring 29,899 Bittensor tokens, known as TAO, for $10 million. This acquisition, completed at an average price of approximately $334 per token, has already seen a rise in value, with the tokens trading around $415 on July 18, 2025, bringing the total worth to approximately $12 million. The firm has committed to staking 100% of its TAO holdings to earn rewards from Bittensor's decentralized AI network, which aims to enhance shareholder value through token yield. Executive Chairman Joshua Silverman expressed confidence in the future of decentralized AI, likening its growth trajectory to that of early internet and Bitcoin adoption. He emphasized that the firm views decentralized AI as a sector poised for substantial growth, potentially surpassing centralized AI in terms of market share. This strategic acquisition aligns with a broader trend among U.S. micro-cap companies that are diversifying their treasury assets beyond Bitcoin, with other firms like SharpLink Gaming and BitMine Immersion also making significant investments in cryptocurrencies. Previously known as Synaptogenix, TAO Synergies rebranded and changed its ticker to TAOX in June to focus on its Bittensor strategy. With a current market capitalization of $13 million, the company's shares experienced a notable increase of over 4% in pre-market trading following the announcement. This move not only reflects a growing interest in decentralized finance but also highlights the evolving landscape of investment strategies in the cryptocurrency space, particularly among smaller public companies.