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.

HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.

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.

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.

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

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.

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

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.

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.

MANTRA has announced details of its highly anticipated 50 million $OM token airdrop, sparking excitement across its community of over 350,000 participants. Eligible recipients, including stakers, NFT holders, and active ecosystem members, will receive tokens based on various engagement levels.

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.

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.

It was a sea of red in the cryptocurrency market on Tuesday as investors positioned themselves for the US election and the Federal Reserve interest rate decision. Bitcoin fell to $67,900, while Solana (SOL), Popcat (POPCAT), and Mantra (OM) fell to $158, $1.2, and $1.28, respectively.

Layer-1 blockchain MANTRA and United Arab Emirates-based tokenization platform Libre Capital aim to drive further adoption of tokenized real-world assets On Nov.

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.

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.

Mantra OM has made a notable comeback, surging 15% within a 24-hour period. This rally comes on the heels of significant whale activity, signaling a renewed interest in the altcoin after a challenging few weeks.

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%.

MANTRA has announced an official partnership with Google Cloud as the L1 network will use Google as a primary validator for its mainnet.

Mantra has announced that cloud computing giant Google Cloud is now a validator and infrastructure provider for the layer-1 blockchain MANTRA Chain. MANTRA Chain, whose mainnet went live on Oct. 23, is an L1 for tokenized real-world assets.

With one-third of the Q4 already coming to an end, October was surprising as many altcoins managed to chart new all-time highs. However, one token that got away is the leader of the crypto assets, Bitcoin.

Bitcoin (BTC) is nearing the $68,000 level, while MANTRA (OM) has surged 12%, making it the day's top-performing asset. Today's price action reflects a cautious optimism among investors, bolstered by regulatory news and large institutional holdings of crypto assets.

Mantra OM showed signs of reversing recent 24% losses incurred in mid-October.

Mantra's native coin OM has staged a comeback after noting a 5% price drop in the past week. Exchanging hands at $1.40, OM's price has climbed by 9% over the past 24 hours.

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.

MANTRA rallied over 10% on Oct. 28 after a god candle formed on the daily chart. Mantra (OM) surged to $1.

As the crypto market gears up for November, altcoins are likely to experience notable shifts in price action. Beyond general market sentiment, certain crypto assets are also set to undergo pivotal network and chain updates, which could significantly influence their valuations.

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.

TL;DR MANTRA launches its mainnet, aiming to become the leading ledger for Real-World Assets (RWAs) by integrating traditional finance with blockchain technology. Mainnet features include bridging OM tokens from ERC-20, staking OM tokens for network security, earning on-chain rewards, and completing missions for Karma tokens.

Mantra has launched the MANTRA Chain Mainnet, edging closer to its goal of integrating traditional finance with blockchain technology. According to a press release shared with crypto.

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.

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

A $50B global market cap is on the horizon for artificial intelligence based crypto, but multiple token unlocks are luring.

With the crypto market turning bullish, investors are optimistic about altcoins. This attention will most likely end up on AI Crypto or Artificial Intelligence-based cryptocurrencies due to the upcoming NVIDIA earnings in November.

Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.

With the Bitcoin price reaching above $68,000 momentarily, the anticipation of a new altcoin high by the end of the year is increasing. Amid the increasing chances of a bull run following the altcoin rally, the AI tokens quickly grow.

TAO has declined by 6.80% over the past day. However, whales continue to dominate the market taking 77% of long positions.