The crypto market is on the cusp of a major transformation as the focus shifts from Bitcoin to altcoins. As pointed out by CryptoQuant CEO Ki Young Ju, the growing investor interest in stablecoins signals the beginning of an altcoin season.
A new institutional investment fund by Laser Digital offers exposure to NEAR Protocol's native token while earning staking rewards through TruFin's TruStake solution.
Bittensor (TAO) has caught the attention of cryptocurrency enthusiasts and traders this week, experiencing a remarkable price surge of 33%. In just the past 24 hours alone, the altcoin has gained 15.61%, reflecting a strong upward momentum.
After witnessing a 65% price drop over the past two months, the Artificial Superintelligence Alliance (FET) appears ready for takeoff, supported by bullish price action on both weekly and daily time frames. With an ongoing price recovery, FET tokens are gaining significant attention from traders and investors, which could help the asset rebound soon.
In the ongoing market recovery, TAO, the native token of Bittensor, appears bullish and is poised for a massive upside rally due to its strong price action. With two big green candles, TAO has recently broken out of a strong descending trendline that it has been facing since the beginning of December 2024.
Bittensor's (CRYPTO: TAO) recent surge comes as an announcement that Coinbase will soon support Bittensor generates buzz on social media. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bittensor (CRYPTO: TAO) $454.58 $3.81 billion +9.5% +20.7% NEAR Protocol (CRYPTO: NEAR) $3.41 $4.04 billion +8.9% +2.9% Internet Computer (CRYPTO: ICP) $7.09 $3.4 billion +3.4% +0.6% Trader Notes: Industry expert Quinten Francois predicts TAO to reach $640 and not even a "rugpulling president can do anything about that.
Laser Digital, the digital assets subsidiary of Japanese financial services giant Nomura, has launched a new investment fund targeting institutional adoption of NEAR.
TAO's breakout is driven by rising interest, positive technical indicators, and the Coinbase listing.
Filecoin (FIL) was also among the top performers, gaining 4.6%.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Despite the ongoing market turmoil, the Bittensor price has maintained its bullish outlook, indicating an increase in the buying sentiment. Moreover, this altcoin has gained the market spotlight with its impressive price rally of over 33% this week.
The Bittensor price has surged to an intraday high of $430.4 following Coinbase's announcement to list TAO cryptocurrency.
Coinbase's potential TAO listing could boost decentralized AI network growth and influence token market dynamics, pending liquidity conditions. The post Coinbase to list Bittensor's TAO token tomorrow appeared first on Crypto Briefing.
Coinbase announced the listing of Bittensor (TAO), causing a 17% jump in its token price. The asset's value has been fluctuating dramatically throughout the past month, but it appears to be back on a bullish course.
Bittensor price rose sharply on Feb. 19 after crypto exchange Coinbase announced the listing of the native token of the decentralized artificial intelligence network.
The crypto market has sharply declined over the past 24 hours, with its total market capitalization dropping by $32 billion.
Injective (INJ) has experienced a significant decline since reaching its all-time high (ATH) of $53 in March 2024. Since then, the altcoin has dropped by an alarming 73%, with its price hovering near a 15-month low.
Cryptocurrency exchange Binance has again garnered significant market attention with a latest update in its trade offerings on Wednesday. Notably, the crypto exchange behemoth is delisting certain trading pairs for DOGS, FET, NEIRO, and NOT crypto tokens.
Injective is hovering near a 15-month low, but a key breakout pattern could set the stage for a potential rebound.
The price of Fetch.ai (FET) is currently approaching a crucial support level at $0.743, which could act as a pivotal point for a potential market reversal. With investors keeping a close watch, this key price level holds historical significance that could either lead to a bullish rally or further price declines.
TL;DR Proof of Response (PoR) is a mechanism developed by NEAR AI to guarantee the availability and efficiency of services in decentralized networks. PoR allows users to verify the availability of services, sanctioning providers who do not respond within the established parameters.
FET prices approaches key $0.743 support level that could act a launchpad for a potential reversal?
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
While the meme coin sector has witnessed billions vanish into thin air in recent weeks, the artificial intelligence (AI) coin market has experienced its own dramatic downturn, shedding over $15 billion in value since Jan. 16.
NEAR Protocol (NEAR) has found itself at a crossroads in the market, with recent price movements and market sentiment creating uncertainty about its short-term trajectory. After a decline of 3.80% in the past 24 hours, NEAR's price has dropped to $3.38, continuing a larger downward trend of nearly 37% over the past month.
An anticipated NEAR rebound is unlikely to occur.
Near Protocol (NEAR) has registered a significant price loss in the past 24 hours. Following this decline, renowned crypto analyst Ali Martinez has identified certain price levels critical to a potential recovery.
Litecoin (LTC), Jito (JTO), and Bittensor (TAO) added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin's resilience and the market-wide recovery in crypto has paved the way for gains in altcoins.
A former Near Protocol employee had an awkward moment on a public call when he accidentally shared his screen, revealing some NSFW images—and it just so happened to line up with a little price bump for the NEAR token.
Ex-business development manager Andrew Krynin accidentally revealed a pair of nude images on a public call, prompting responses from the Near team.
Avalanche (AVAX) was also an underperformer, dropping 2.6%.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
Bittensor (TAO) has seen impressive price action recently, breaking out of a key descending wedge pattern and surging by 10.56% in just 24 hours to trade at $428.93. This breakout has caught the attention of investors, as it signals a potential bullish trend for the altcoin.
Bittensor (TAO) jumps 17% as Elon Musk makes a $97.4B OpenAI bid! AI cryptos rally—Will TAO break $437 resistance? Read the latest market analysis. The post Bittensor Price Skyrockets as Elon Makes a Move on OpenAI – Are AI Tokens About to Explode? appeared first on Cryptonews.
Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.
TAO's breakout, strong sentiment, and rising development activity could be key for its price action.
Artificial Super Intelligence Alliance (FET), a leading AI cryptocurrency token, has recently seen a significant 62% drop, causing concern in the market. However, the token has now reached a critical support level that could signal the start of a major price reversal.
The crypto market has experienced a decline in activity over the past 24 hours, with trading volumes and investor interest showing signs of a slowdown.
Injective is taking another step toward narrowing the gap between traditional finance and decentralized finance by bringing stocks of the largest publicly traded companies on-chain.
After a notable price drop in the past few days, Artificial SuperIntelligence Alliance (FET), the world's leading AI crypto token, is poised for an upside move as it has reached a key price reversal level.
Injective Labs launches an on-chain S&P 500 index, enabling investors to, for the first time, gain exposure to SPY with 24/7 access. The post Injective Launches S&P 500 Index On-Chain, Enables TradFi Access on DeFi appeared first on Cryptonews.
Bittensor has created history with its mind blowing hold over the world. The financial system was revolutionized when Bittensor started climbing the ladder.
In an attempt to accelerate the development of AI agents in integration with Blockchain tech, NEAR Foundation (NF), the Switz-based non-profit organization that supports NEAR protocol and its ecosystem, announced on 6 Feb, a $20M liquid fund – the NEAR AI Agent Fund. Deeming that the AI agents are the future of crypto and AI,
Bittensor (TAO) has been experiencing significant volatility over the past few weeks, and technical analysis suggests that the cryptocurrency might be heading toward a crucial decision point. After the bulls gave up key support levels in January, TAO has been on a bearish trajectory, with a potential drop to as low as $216 or a temporary bounce toward $390.
In January, the bulls ceded the $434 support level as well, an important level from the weekly timeframe.
Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.
Tokens associated with artificial intelligence (AI)-based projects have fallen by 75-90% from their peak values at the beginning of 2024.
TL;DR The Near Foundation launches a $20 million fund to boost the development of AI agents, opening up new use cases across various sectors. The initiative is complemented by accelerators and hackathons, which will facilitate the incorporation of new developers and innovative projects.