Bittensor ($TAO) and several other leading AI coins are pumping today, despite a marketwide downturn that has shaven 0.4% from the now-$2.16 trillion crypto market.

PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.

Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.

BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.

Bittensor (TAO) is on the verge of a significant price surge, with technical indicators pointing toward a potential 80% rally. The cryptocurrency has struggled to break through a crucial resistance level, but an ascending triangle pattern suggests that a breakout may be on the horizon.

Bittensor (TAO) price has struggled to breach the $357 resistance level. Despite these failed attempts, the conditions for forming an ascending triangle pattern are becoming more apparent.

Starknet, a Layer 2 scaling solution for Ethereum, is making major strides in its governance. In a recent community vote, Starknet's users approved a dynamic staking mechanism designed to control inflation of the STRK token.

Since the Ethereum Foundation proposed ZK-Rollups as one of the most efficient ways to scale Ethereum, this technology has become extremely popular and has managed to revolutionize the blockchain ecosystem.

The recent vote within the Starknet community has given the green light to a new staking feature, known as “SNIP 18.” This proposal, developed by core team member StarkWare, received broad support, with 98.94% of voters endorsing it through Snapshot's decentralized Snapshot X platform.

Decentralized AI project Bittensor skyrocketed to the top of the weekly gainers' list, riding the wave of Nvidia's stock surge.

Meanwhile, the SEC claimed that when it said "crypto asset securities" it never meant tokens were actually securities.

Users holding over 20,000 STRK will soon have access to a new staking mechanism for the token following a near-unanimous vote.

September 2024 began on a tough note for several Artificial Intelligence (AI) Coins. However, as soon as the second week started, things changed, making the week a much better one than the last.

TL;DR Starknet to Introduce Staking: Starknet will launch staking for its STRK token after the SNIP 18 proposal was overwhelmingly approved by the community. Community Support: The proposal saw 98.94% approval, highlighting strong community backing for decentralization efforts.

Starting in the fourth quarter of this year, Starknet will enable users holding more than 20,000 STRK tokens to stake on its network.

The approved staking mechanism for STRK token could significantly enhance community participation and drive the network towards full decentralization. The post Starknet community greenlights staking mechanism for STRK token appeared first on Crypto Briefing.

Starknet implements dynamic minting for STRK tokens, balancing staking incentives and token supply with community backing.

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.

Starknet has approved a governance proposal, named “SNIP 18,” to implement staking within its network.

The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.

Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.

Explore five innovative AI tokens transforming the crypto space. This article provides insight into unique crypto tokens backed by advanced AI technology that every investor should know about.

With the cryptocurrency market reclaiming the $2 Trillion market cap with a jump of 3.18%, top tokens have breached their important resistance levels. Notably, with the price of Bitcoin reclaiming the $57K mark, altcoins from Artificial Intelligence (AI) and Meme category have gained the highest profits.

AI crypto coins are surging, with the sector's market capitalization rising nearly 7% on Tuesday. Tokens like Artificial Superintelligence Alliance (FET) and Bittensor (TAO) are leading the rally, posting double-digit gains.

Digital coins flourished today as the crypto market cap reclaimed the $2 trillion level after a 3.18% increase in the past day. While such sentiments catalyzed significant gains in the altcoin space, Starknet (STRK) displayed struggle, losing 2.97% in its daily chart to hover at $0.4137.

Previously, participating in DAOs required paying gas fees for voting, which could sometimes exceed ten dollars. These costs created barriers to participation and made on-chain voting less appealing.

Starknet is set to hold its first on-chain vote on Sept. 10. Hopefully, it will set a precedent for protocols to follow going forward.

Governance voting platform Snapshot has announced the launch of Snapshot X, a new onchain voting protocol.

LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.

TL;DR Snapshot Labs has launched Snapshot X, an on-chain voting protocol using Starknet's roll-up technology, eliminating gas fees and enhancing security for DAOs. Snapshot X allows users to prove asset ownership on one blockchain without moving them, reducing costs and improving security through storage proofs.

This innovation revolutionizes governance by eliminating gas fees, lowering costs, and enhancing security. Snapshot X is built on Starknet's roll-up technology.

Snapshot X enables gasless onchain voting for DAOs using Starknet technology, advancing governance with lower costs and enhanced security.

Snapshot X launched today, introducing a protocol that enables gas-free onchain voting for decentralized autonomous organizations.

Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.

StarkGuardians, the pioneering NFT collection on StarkNet, has launched its new NFT lending and borrowing protocol.

Here is how some of your favorite assets concluded the week.

Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market's fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of the bearish momentum at bay.

Starknet, an Ethereum layer-2 scaling solution, rallied more than 11% over the past day. According to price data from crypto.news, Starknet (STRK) was trading at $0.438 upon writing.

While Bitcoin continues its downward trend, HNT and STRK emerge as the top gainers in the altcoin market due to strategic network upgrades and community optimism.

AI coins are on investors radar for a potential surge, as Nvidia stock holds firm with a $165 price target despite recent market turbulence. Analysts remain confident in Nvidias growth prospects, sparking renewed interest in the AI sector.

Is Buterin's latest move a strategic play or a charitable donation?

The cryptocurrency community has been intrigued by recent developments on the Ethereum layer-2 protocol Starknet (STRK). Notably, Vitalik Buterin, Ethereum cofounder, has initiated the unlocking of 2.1 million STRK tokens, valued at approximately $858,700, in two rounds.

AI tokens' recovery highlights market sensitivity to regulatory news, underscoring the volatility and investor sentiment in the tech sector. The post AI tokens rally as Nvidia refutes DOJ subpoena reports appeared first on Crypto Briefing.

As major cryptos rebound from fresh multi-week lows, with Bitcoin (BTC) back near $58,000 after dipping briefly as low as the $55,000s earlier on Wednesday, investors are scouring altcoin markets for top crypto performers today that might be able to outperform amidst ongoing market uncertainty.

Vitalik Buterin, co-founder of Ethereum, has increased his STRK holdings. He currently holds over 2.1 million tokens; his recent transaction added over 1.2 million STRK tokens.

TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia's shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum.

Buterin's crypto portfolio is largely dominated by Ether followed by 2.11 million Starknet (STRK) units, worth about $809K.