Latest BitTensor News

In the ever-evolving world of cryptocurrencies, three coins have emerged as top-trending assets, each with its unique market dynamics. Aptos (APT) is approaching a critical price level of approximately $6.25, a point that has historically acted as both resistance and support. Analysts suggest that if Aptos rebounds from this level, it could surge towards $7.00. Conversely, a drop below $6.25 may lead to further declines, testing lower support around $5.875. Traders are advised to monitor this situation closely, as the outcome could significantly influence Aptos's short-term trajectory. Meanwhile, Bittensor (TAO) is experiencing a bearish trend, currently priced at $410.70, with intraday losses of 4.58%. The coin is hovering near a crucial support level at $410, and if this fails to hold, it could plummet to the 300-250 range, marking a potential 49% decrease. The technical indicators, including the 50-day moving average crossing below the 200-day average, suggest a negative market sentiment, making it a precarious position for long-term investors. On a more positive note, BlockDAG (BDAG) is witnessing a remarkable presale, nearing $200 million, bolstered by its partnership with Italian soccer club Inter Milan. This collaboration is not only enhancing fan engagement through exclusive content and digital collectibles but is also driving significant interest in blockchain technology. With analysts predicting a potential price of $1 by 2025, many traders are eager to invest in BDAG, currently priced at $0.0248. The growing adoption and impressive presale performance indicate that now may be the ideal time for investors to capitalize on this opportunity before prices escalate further.

Team Rizzo, which operates subnets and validator services on Bittensor, has successfully secured $25 million in blockchain-based insurance coverage to mitigate hacking risks. According to Coindesk, this coverage was arranged by Native, a digital asset insurance broker specializing in protecting blockchain-related businesses. The insurance is specifically designed to safeguard Rizzo’s validator services and machine learning operations on Bittensor, an AI-driven cryptocurrency network. This move comes in response to the increasing threat of smart contract hacks, which can result in significant token losses, particularly affecting the network's proof-of-stake consensus mechanism. The urgency for such coverage is underscored by recent incidents, including a $1.5 billion loss suffered by Bybit, a major cryptocurrency exchange, due to hackers associated with North Korea. Founded in 2019, Nexus Mutual has been a pioneer in providing blockchain-based insurance, encouraging its community to pool assets into syndicates that cover various crypto-related risks. Native, which manages one of the largest capital pools on Nexus Mutual, also connects clients to traditional insurance markets like Lloyd’s of London for specific crypto insurance needs. The rapid arrangement of the $25 million coverage for Team Rizzo has drawn attention, as it was completed in just four weeks. Native co-founder Dan Ross highlighted the significance of this achievement, noting that it is the first instance of Bittensor being underwritten. Team Rizzo's initiative to secure their own policy aims to instill confidence in potential validators, encouraging them to stake their assets with assurance. This development reflects a growing trend in the cryptocurrency sector, where the demand for insurance solutions is increasing amidst the rising incidence of hacks and exploits. With limited insurance options available, especially in decentralized finance (DeFi) and staking, the swift response from Native demonstrates the potential for innovation in the insurance landscape. The introduction of tailored insurance products for blockchain projects not only enhances security but also fosters trust among users, ultimately contributing to the stability and growth of the cryptocurrency ecosystem.

On February 26, Zuvu AI and Vana announced a strategic partnership aimed at enhancing decentralized artificial intelligence within the Bittensor ecosystem. This collaboration seeks to create a more open and financially sustainable AI environment by integrating various layers of the decentralized AI stack. Zuvu AI, formerly known as SocialTensor, brings valuable experience from scaling four Bittensor (TAO) subnets, while Vana contributes its innovative user-owned data network, recently advised by Binance founder Changpeng Zhao. Together, they aim to test a new model of AI development that emphasizes collaboration and sustainability. Art Abal, Managing Director at Vana Foundation, highlighted that the partnership effectively integrates Vana’s data layer, Bittensor’s subnet network, and Zuvu’s economic layer to enhance Vana’s DataDAO ecosystem. This integration addresses significant challenges in AI development by allowing models, agents, and data to be invested in, staked, traded, and monetized. With the AI market projected to reach trillions by 2032, this collaboration positions itself to create new opportunities in a rapidly expanding market, as Zuvu powers the AI economy layer. The partnership's strategic integration into Bittensor leverages its incentive-driven network to scale AI development effectively. By merging user-owned data with permissionless computing and economic incentives, this collaboration reflects the disruptive nature of decentralized finance (DeFi) in traditional finance. The partnership is expected to enhance the diversity of Bittensor’s subnets, support the expansion of Vana’s DataDAO, and establish Zuvu as a leader in AI financialization, potentially influencing industry practices. This initiative aligns with the growing trend toward open-source artificial intelligence and responds to the demand for alternatives to centralized AI giants.

A recent surge in the cryptocurrency market has been observed following the listing of several altcoins on Coinbase, a prominent US-based crypto exchange. Among these, Pyth Network (PYTH), Kaito (KAITO), and Bittensor (TAO) have experienced significant price increases. Kaito, an innovative "InfoAI" protocol designed to address fragmentation in the digital assets sector, saw its price nearly double, trading at $1.92 after a remarkable 99.89% rise within 24 hours. This surge was bolstered by its simultaneous listing on both Coinbase and Binance, the latter being the largest global crypto exchange by trading volume. Bittensor, a decentralized machine-learning network that facilitates the creation and exchange of AI learning models, also benefited from the Coinbase listing. The price of TAO jumped from a low of $445 to a peak of $484, marking an 8.7% increase shortly after the listing. However, the price has since stabilized, currently trading at $453. This fluctuation highlights the volatility often associated with newly listed cryptocurrencies, particularly those tied to emerging technologies like AI. Pyth Network, a decentralized oracle provider, also saw a notable price increase after its listing on Coinbase. The asset's price rose from $0.235 to $0.263, reflecting a 12% gain before retracing to $0.243 at the time of writing. These developments underscore the growing interest in AI-focused projects and decentralized technologies within the crypto space, as investors seek to capitalize on innovative solutions that address current market challenges.

In the midst of ongoing market volatility, Bittensor (TAO) has displayed a remarkable bullish trend, with its price soaring over 33% in just one week. This surge reflects a growing buying sentiment among investors, as evidenced by a 15.61% increase in the last 24 hours and a trading volume reaching $320.474 million. The Year-to-date (YTD) return stands at +4.17%, indicating a strong bullish outlook for this altcoin. Technical indicators such as the Moving Average Convergence Divergence (MACD) suggest a consistent rise in buying pressure, while the EMA 50/200-day trendlines hint at a potential Golden Cross, further supporting the optimistic price trajectory for TAO. As the market sentiment remains positive, analysts speculate whether Bittensor can reach a new 52-week high. If the bullish momentum continues, the TAO price could test its resistance level at $500, and maintaining this level may pave the way for a target of $547. However, should a bearish trend emerge, the altcoin may find support at $437.5, with a potential drop to $326 if selling pressure intensifies. Investors are keenly watching these levels as they assess the short-term price prospects of Bittensor in the current market landscape. Looking ahead, the long-term outlook for TAO appears promising, with projections suggesting that if bullish sentiment persists, the price could range between $634 and $1,098 by the end of the year. In an even more optimistic scenario, analysts believe Bittensor could reach a maximum trading value of $3,798. As the cryptocurrency market evolves, Bittensor remains a focal point for investors seeking to capitalize on its potential growth.

In the rapidly evolving cryptocurrency landscape, three projects are currently capturing significant attention: Qubetics ($TICS), Injective (INJ), and Bittensor (TAO). Each of these tokens offers unique value propositions, but Qubetics stands out with its innovative QubeQode IDE—a no-code platform designed to simplify blockchain development. This AI-powered tool allows users, even those without coding experience, to create decentralized applications (dApps) easily. By democratizing access to blockchain technology, Qubetics empowers entrepreneurs and businesses to innovate without the need for specialized technical skills, making it a game-changer in the industry. The excitement surrounding Qubetics is further amplified by its ongoing presale, which has already sold over 479 million $TICS tokens, raising more than $13.2 million. Currently priced at $0.08073, the presale is structured to increase prices every week, with analysts projecting that the token could reach $1 after the presale concludes. This potential for substantial returns—over 1,138%—is drawing investor interest, positioning Qubetics as one of the most promising tokens in the market right now. On the other hand, Injective (INJ) has seen a recent price dip to $14.02 amid market volatility, despite a surge in trading volume, indicating active investor engagement. Bittensor (TAO), merging AI with blockchain, is also gaining traction with price predictions suggesting significant growth in the coming months. As the cryptocurrency market continues to fluctuate, investors are encouraged to conduct thorough research and consider the risks involved, especially with exciting projects like Qubetics leading the charge in innovation and potential returns.

Bittensor's native token, TAO, experienced a significant price surge on February 19, following the announcement of its listing on the Coinbase exchange. The price of TAO spiked by 20%, reaching intraday highs of $420, amidst a broader rally in the altcoin market. While this increase was modest compared to other top performers like Story and Sonic, it positioned Bittensor among the leading gainers. This upswing allowed TAO to recover losses from previous days, reflecting a positive market sentiment as altcoins mirrored Bitcoin's recent fluctuations. The price movement was further fueled by anticipation surrounding Coinbase's upcoming listing scheduled for February 20, 2025. Coinbase's decision to list TAO is pivotal for Bittensor, which is recognized as a leading AI token by market capitalization, currently ranking second behind NEAR. The exchange confirmed that trading would commence on the TAO/USD pair, contingent on meeting liquidity conditions. This phased launch is expected to enhance Bittensor's visibility and accessibility, especially since TAO is already available on other major exchanges like Binance and Kraken. The listing is anticipated to provide Bittensor with additional traction in the competitive cryptocurrency landscape, particularly in the AI sector. Bittensor, launched in 2019, has garnered significant backing from prominent venture capital firms, including Pantera Capital and Digital Currency Group. Grayscale has highlighted Bittensor's importance in the AI domain, emphasizing its decentralized model, which aims to enhance transparency and democratize access to AI technologies. This is particularly relevant in light of concerns surrounding centralized AI projects, which may pose risks related to data security and bias. As the cryptocurrency market continues to evolve, Bittensor's developments and its Coinbase listing could play a crucial role in shaping the future of decentralized AI solutions.

Coinbase has announced its plans to list Bittensor's TAO token, with trading expected to commence on February 20, 2025, contingent upon meeting certain liquidity conditions. Bittensor operates as a decentralized AI network that incentivizes nodes for their contributions to AI model development. The announcement was made via Coinbase's official assets account, emphasizing the importance of adhering to the correct network for transfers to avoid potential loss of funds. The rollout of TAO-USD trading will be executed in phases, initially imposing restrictions on trading volume and regional availability. Full trading access will only be granted once adequate liquidity is achieved, and some jurisdictions may still face trading limitations. This strategic approach aims to ensure a stable trading environment for the new asset, which has already shown promising performance in the market, with a 13.1% increase in price over the last 24 hours, positioning it as the fourth-best performer among the top 100 cryptocurrencies by market capitalization. As Bittensor continues to develop its decentralized network, the TAO token plays a crucial role in rewarding participants who contribute to the platform's architecture. The growing interest in Bittensor and its innovative approach to AI model development reflects a broader trend within the blockchain space, where decentralized solutions are increasingly being recognized for their potential to disrupt traditional systems. Investors and traders alike will be closely monitoring the liquidity conditions leading up to the trading launch, as these factors will significantly influence the token's market performance.

In the past week, Litecoin (LTC), Jito (JTO), and Bittensor (TAO) have experienced significant price rallies, with gains ranging from 17% to 22%, according to CoinGecko data. This upward momentum can be attributed to Bitcoin's resilience amid various macroeconomic factors, including the U.S. Consumer Price Index (CPI) and tariff announcements. As Bitcoin continues to stabilize, altcoins like LTC, JTO, and TAO are also benefiting from this market-wide recovery, with LTC gaining 2.53%, JTO increasing by 5.68%, and TAO rising by 2.98% on the same day, as reported by TradingView. On-chain analysis from Santiment reveals that Litecoin's total open interest has surged to $416.87 million, indicating increased trader activity. Similarly, Jito has seen a rise in social dominance and trade volume, reflecting heightened interest from both institutional and retail traders. Meanwhile, Bittensor's trading volume has remained steady, although recent data suggests a bearish sentiment among derivatives traders. The technical indicators for LTC, JTO, and TAO all point towards potential further gains, with LTC aiming to retest its 2025 peak, while JTO and TAO also have key resistance levels to watch. Market sentiment has been bolstered by speculation around potential ETF approvals, particularly for Litecoin, which is seen as having a 90% chance of approval according to Bloomberg's Eric Balchunas. This anticipation has been a significant driver for LTC's recent performance. Additionally, the upcoming Dynamic TAO update, likened to Ethereum's Merge, has generated excitement within the Bittensor community, further contributing to its price rally. As the crypto market continues to evolve, these developments highlight the dynamic nature of altcoin trading and the factors influencing investor sentiment.

The cryptocurrency market is witnessing a surge in innovative projects that promise long-term value for investors. Among the top altcoins to consider are Qubetics, Bittensor TAO, and Arbitrum. Qubetics is making waves with its presale of $TICS tokens, having raised over $9.3 million by selling more than 413 million tokens. This project focuses on real-world asset tokenization, allowing investors to own fractions of physical assets like real estate and art, thus democratizing investment opportunities. Analysts predict significant returns following its mainnet launch, making it a compelling option for long-term holders. Bittensor TAO is revolutionizing the artificial intelligence landscape by creating a decentralized network that allows anyone to contribute to and benefit from AI models. Unlike traditional AI systems dominated by tech giants, Bittensor fosters an open environment where developers can train and deploy models while users gain access without centralized barriers. This approach not only democratizes AI but also presents a lucrative investment opportunity as the technology becomes increasingly integrated across various industries, positioning Bittensor as a top altcoin for the future. Lastly, Arbitrum addresses Ethereum's scalability issues through its innovative optimistic rollups technology, enabling faster and cheaper transactions without sacrificing security. This has made it a favorite among developers and users alike, as it supports the development of decentralized applications (dApps) that enhance user experience. With its strong community focus and growing ecosystem, Arbitrum stands out as a solid investment choice among the top altcoins. Together, these projects represent significant opportunities for investors looking to build a robust crypto portfolio for the long term.