RENDER's recent price drop could mark the start of a more significant market downturn.
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.
The price of Fetch.ai (FET) has slipped below its critical 100-day Simple Moving Average (SMA), raising concerns about the potential for further downside toward the next support level at $1. This breach marks a pivotal moment for the asset, opening the door for negative pressure to take hold.
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.
Considering its size and importance, the upcoming Nvidia (NASDAQ: NVDA) earnings report – scheduled for release after the closing bell on November 20 – is widely seen as a pivotal moment likely to have a wide-ranging effect on various even mildly related assets.
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.
FET's $3.48 price prediction faces delays as large holders and derivative traders drive sell-offs.
RNDR's large transaction volume has grown by 310%, indicating notable participation from whales and institutions.
Despite leading the AI crypto sector, Fetch.AI continues to trade to the downside.
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.
FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations. However, for savvy investors looking to capitalize on potential rebounds, there are key altcoins showing strong bullish recovery signs.
The price of FET, the native token of the Artificial Superintelligence Alliance, has experienced a significant decline over the past 24 hours, dropping by 18%. After peaking at $1.62 yesterday, FET's price has now plummeted to $1.30, triggering concerns among traders and investors about the token's short-term outlook.
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.
Story Highlights The FET price hints at a 60% jump with a bullish reversal. BitTorrent's price adds 28%, and it is expected to hit $0.000001740. The Polygon price holds its value above $0.39 despite correction.
FET, the native token of the Artificial Superintelligence Alliance, is one of the top losers in the market today due to an 18% price decrease in the last 24 hours. This decline drove the FET crypto price from a peak of $1.62 yesterday to $1.28 at the time of writing.
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.
FET, the cryptocurrency tied to the Artificial Superintelligence Alliance, has been showing considerable growth in both large transactions and active addresses, indicating a rise in investor engagement. Over the past 24 hours, the cryptocurrency experienced a dramatic 172.7% jump in large transactions—those valued at $100,000 or more.
FET large transactions surge by 172. 7% in 24 hours with active addresses hiking by 142.4% over the past week.
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.
November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.
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.
FET is at a pivotal juncture, where a shift in derivative market sentiment could catalyze a breakout.
The artificial intelligence (AI) boom has put related startups, stocks, and cryptocurrencies in the spotlight and investors' portfolios in 2024. Now, looking at 2025 amid an expected altcoin bull rally, Finbold selected two AI-related cryptocurrencies to consider buying moving forward.
Fetch.ai (FET), the AI-driven blockchain platform, is attracting significant attention as it gears up for a potential rally. The token has displayed strong bullish signals, suggesting it could rise by 25% to reach the $1.80 mark.
An upside could be on the cars thanks to THIS pattern.
The Artificial Superintelligence Alliance (FET), the leading crypto-AI token is gaining significant attention from crypto enthusiasts following a notable 25% price surge in recent days. Despite this impressive performance, FET is poised for another rally as it has formed a bullish price action pattern on its daily time frame.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
The price of FET, the token of Artificial Superintelligence Alliance, has surged by 10% in the past 24 hours, signaling a potential recovery from the losses it incurred in October. The price increased from $1.10 to $1.25, marking a sharp rebound after a challenging month in which it saw a 13.39% decline.
After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.
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.