Render (RNDR), the Ethereum-based altcoin, has made waves in the cryptocurrency market with a significant price surge. The RNDR price recently reclaimed the $8 mark, surging by 8.10% in just 24 hours, which has reignited renewed optimism among investors.

Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.

Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor's infrastructure. According to the firm's statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.

Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov.

Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group.

DCG's Barry Silbert launches Yuma, a decentralized AI venture, to develop projects for Bittensor's innovative AI network. The post DCG's Barry Silbert unveils decentralized AI venture to fund Bittensor projects appeared first on Crypto Briefing.

RENDER price has surged 48% in the last month, solidifying its position as the largest artificial intelligence coin by market cap at $4.1 billion. It now leads over its closest competitors, TAO, FET, and WLD, reflecting growing interest in the AI-focused asset.

Render (RNDR), the native token of the Ethereum-based AI-driven decentralized rendering network, Render, is witnessing a dramatic bullish surge that has propelled its price past the $8 mark, with investors eagerly eyeing a potential breakout toward the $10 milestone.

Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor's decentralized AI ecosystem.

Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.

Story Highlights The RNDR price reclaims the $8 mark with an 8.10% jump in 24 hours. The EMA 50/200-day hints at a Golden Cross, suggesting sustained bullish action. Render price successfully retests its support of the ascending channel pattern.

RNDR's large transaction volume has grown by 310%, indicating notable participation from whales and institutions.

AI and Big Data tokens surged ahead of Nvidia's Q3 earnings, but “buy the rumor, sell the news” dynamics and technical setups hint at varied post-earnings paths for Fetch.AI, Render, and Near Protocol.

TAO was trading at $488.4, a zone that has previously triggered price reversals. Will the same happen this time around?

Render Token (RNDR) is on the move again, climbing 8.64% in just 24 hours to hit $7.65. After months of struggling with resistance, this breakout has sparked fresh optimism.

Undeniably, there has been a broader market pullback over the past couple of days. However, several AI-focused tokens have managed to post gains despite the downturn.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

Bittensor (TAO) has been gaining considerable attention in the cryptocurrency market recently, marked by a dramatic increase in trading volume and a noticeable rise in price action. As of November 13, 2024, TAO's trading volume soared to over $500 million within a 24-hour period, indicating robust market interest.

Render's (RNDR) price has shown notable gains, up 28% in the last month. This positions it as the third-largest artificial intelligence coin by market cap, behind FET and TAO.

TAO nears a potential breakout with robust metrics, eyeing a target of $1,252.6.

The past week's strong gains were accompanied by explosive growth in the Open Interest and the spot CVD for RENDER.

Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.

Bittensor (TAO) price is experiencing strong upward momentum, consolidating its position as the largest artificial intelligence (AI) coin in the crypto market today. Recent analysis using the Ichimoku Cloud highlights a bullish trend, suggesting that buying pressure remains strong.

Latest updates on the coins ATOM, MATIC, and TAO.

Render Token (RNDR) is currently at a critical point in its price action, as technical indicators and patterns point to a potential breakout. Following a period of consolidation, RNDR has formed a bullish pennant pattern, which often signals an imminent upward price movement.

Render Token's bullish setup could fuel a breakout, aiming for $10+ if momentum holds.

Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

Story Highlights The live price of the RNDR token is . Render tokens with a potential high could reach $9.81 by the end of 2024. With a potential high the RNDR price could reach a high of $58.67 by 2030.

Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.

Bittensor is an innovative open-source project that aims to bridge the worlds of blockchain technology and artificial intelligence (AI) through its native token, TAO. This token allows users to interact with a decentralized network that facilitates machine learning, enabling them to extract valuable data while tailoring the network's operations to meet their needs.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.

Render's $2B market cap and strong trading volume has set the stage for a potential breakout.

Bittensor (TAO), the leading AI coin, has risen 76.64% this year but currently faces bearish pressure. Its price has dropped below crucial support levels, with indicators pointing to continued challenges.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.

Bittensor made significant gains over the past day hiking by 7.12% surpassing other AI-themed altcoins. TAO's trading volume also surged by 104.58%.

Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.

Blender Cycles has been integrated into the Render Network's closed beta, offering decentralized GPU rendering to millions of artists. This marks a significant step in expanding Render's multi-render capabilities.

Bittensor (TAO), one of the leading artificial intelligence coins in the market, is currently showing signs of consolidation. Market indicators suggest indecision, with neither buyers nor sellers taking firm control.

Render (RNDR) has caught the attention of investors and traders alike, especially as it navigates a critical support level within a symmetrical triangle pattern. This formation is often indicative of upcoming volatility, and many are eager to see how Render will respond in the coming days.

Render is testing a key symmetrical triangle support level as it sends signals of a starting bullish run.

Bittensor shows bullish potential despite short-term correction, targeting higher prices.

The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.

The price of the leading artificial intelligence-related token Bittensor (TAO) has trended within an ascending channel since early September. Trading at $575 as of this writing, the altcoin has since noted a 150% uptick.

Imagine turning $100 investment into a staggering $10,000 by early 2025. While such returns may seem too good to be true in most scenarios, the crypto world has a knack for making the impossible possible—especially during a bull run. However, extraordinary gains like this are rare, typically reserved for a select few high-potential altcoins.

Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions.