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news-imageAugust 13, 2024

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.
Publisher: Coindesk
Sentiment: Positive
FIL
LPT

More News Articles

Positive
cover-imageThe Currency Analytics
November 22, 2024

Maker Whale Activity Surges 1400% as MKR Eyes Potential Breakout

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

Positive
cover-imageBenzinga
November 21, 2024

Barry Silbert Of Digital Currency Group Ventures Into Decentralized AI With Eyes On Bittensor Network

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.

Positive
cover-imageCryptoSlate
November 21, 2024

DCG launches Yuma to fuel decentralized AI innovation with Bittensor

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.

Positive
cover-imageThe Currency Analytics
November 13, 2024

TAO's $500M Volume Surge Signals Possible Breakout to $1,252

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.

Positive
cover-imageInvezz
November 12, 2024

Germany's Deutsche Telekom enters blockchain with NEAR validator role

Deutsche Telekom AG, the world's fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol's decentralisation and enhancing network security.

Positive
cover-imageCrypto Daily
November 12, 2024

Crypto Price Analysis 11-12 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, BITTENSOR: TAO, OPTIMISM: OP, CHAINLINK: LINK

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.

Positive
cover-imageBeInCrypto
November 11, 2024

Bittensor (TAO) Price Gains Strength as the Biggest AI Coin

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.

Positive
cover-imageCrypto Economy
November 11, 2024

Near Protocol to Build World's Largest Open-Source AI Model

TL;DR Near Protocol introduced its project to create the world's largest open-source AI model, with 1.4 trillion parameters. The platform integrated its mainnet with MetaMask and all Ethereum wallets, allowing users to access its applications without changing wallets. This integration will be key to enhancing chain abstraction, promoting interoperability and efficiency in DeFi.

Positive
cover-imageThe Currency Analytics
November 11, 2024

Filecoin Poised for 145% Growth: Two Key Factors Driving FIL's Potential

Filecoin (FIL) has gained attention for its impressive resilience and technical strength, positioning itself for major growth in the near future. With support levels holding firm for nearly two years and a rising demand for decentralized data storage solutions, analysts are forecasting significant upside potential for the token.

Neutral
cover-imageThe Currency Analytics
November 9, 2024

MKR Targets $2,200 as Bullish Momentum Grows, But Resistance Looms

Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.

Negative
cover-imageThe Currency Analytics
November 6, 2024

NEAR Price Faces Bearish Pressure, Heading Towards 2024 Low

The price of NEAR Protocol (NEAR) has been facing headwinds recently, showing a significant 25% drop over the past month. Despite forming a bullish chart pattern, a series of technical and market indicators suggest that NEAR may be headed towards its 2024 low of $2.450 rather than experiencing a breakout.

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