ICP is stuck in a consolidation phase—will bulls break through resistance, or is further downside ahead?
Render is testing a key symmetrical triangle support level as it sends signals of a starting bullish run.
Bittensor shows bullish potential despite short-term correction, targeting higher prices.
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.
Imagine turning $100 investment into a staggering $10,000 by early 2025. While such returns may seem too good to be true in most scenarios, the crypto world has a knack for making the impossible possible—especially during a bull run. However, extraordinary gains like this are rare, typically reserved for a select few high-potential altcoins.
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions.
Here is how some of your favorite assets concluded the week.
The Graph (GRT) has recently been making headlines in the cryptocurrency market, currently trading at around $0.165. As an innovative indexing protocol, The Graph enhances blockchain data accessibility, allowing developers to create and publish open APIs called “subgraphs.
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.
Only two assets were trading lower, including Aptos and Litecoin.
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.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
TAO has declined by 6.80% over the past day. However, whales continue to dominate the market taking 77% of long positions.
Bittensor (TAO) price has dropped by 6% in the last 24 hours, reversing the earlier trend where it closed in on $700 just days ago. This decline has ensured that TAO's price is now below the $600 threshold.
The crypto markets are facing a mid-week bearish heat after a bullish start, which may hinder the progress of the rally for a while. The AI tokens, which gained immense attention in a short while are consolidating, which may be a bullish signal.
Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China's announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.
Bitcoin (BTC) has continued its impressive performance this week, going past $67,000 after an increase of almost 3% over the past 24 hours and almost 8% over the past week, as the crypto market continues its impressive recovery.
Internet Computer is not just another cryptocurrency; it represents a groundbreaking platform developed by the DFINITY Foundation. Its primary purpose is to facilitate the creation and hosting of dApps directly on the internet, which eliminates the need for traditional servers.
Uniswap joined Internet Computer as one of the weakest performers, falling 3.2%
The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.
Render whale activity surges significantly by 527%, signaling a potential breakout ahead.
The cryptocurrency market has kickstarted the 3rd week of Uptober on a positive after recording negative price action for two consecutive weeks. Further, top tokens hint at a potential breakout, highlighting a positive outcome this week.
Bittensor, an artificial intelligence-focused token, ranked as the third top gainer among the top 100 cryptocurrencies in the past 30 days, following Neiro and Sui. Bittensor (TAO) rose by 106.8% over the last 30 days.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Artificial Intelligence (AI) witnessed a massive adoption in 2024, with its utility rapidly expanding to every sector. The emerging technology found its way into cryptocurrency, offering investors an innovative blend of AI-powered solutions and blockchain's decentralized infrastructure.
Bittensor (TAO) has recently shown impressive price momentum after a period of consolidation. Investors are now questioning whether this altcoin can achieve a significant milestone, specifically reaching a price of $800.
From meme coins to AI crypto tokens, it's possible to find cryptocurrencies that are posting gains of 100% or higher this year.
Render (RNDR) has been consolidating within a symmetrical triangle pattern for the past three months, indicating a period of indecision in the market. Currently, the token is holding steady near $5.50 after bouncing off a key support level, leaving traders on edge as they wait for a potential breakout.
NEAR was also a top performer, gaining 5.1%.
Robinhood Crypto EU, a digital assets trading platform, sparked noteworthy market optimism for the AI token Render Network on Friday. As the trading platform revealed listing for RENDER, bullish market sentiments enveloped the digital asset's long-term prospects.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
After recording a consolidated price action for a brief period, the Bittensor price has regained momentum by adding numbers to its valuation within weeks.
Render (RNDR) price has been struggling recently, with key metrics showing it's falling behind compared to the top three AI-focused cryptocurrencies. Despite its position in the AI sector, RNDR has been unable to attract large holders, or whales, which are crucial for driving liquidity and price movement.
Whale activity spikes as Render's price tests a key symmetrical triangle support level.
TAO skyrockets 300%! Can this bullish momentum sustain, or is a correction looming?
Bittensor (TAO) is currently making headlines in the cryptocurrency space, having experienced an impressive 16% surge in the past 24 hours. This notable increase positions TAO among the top gainers in the market, particularly within the rapidly evolving AI cryptocurrency sector.
Michaël van de Poppe, a prominent figure in the cryptocurrency trading community, recently articulated his optimistic outlook for two specific altcoins: Sui Network (SUI) and Bittensor (TAO). With expectations that both could reach new all-time highs, van de Poppe's insights are especially pertinent for investors seeking opportunities in the current market landscape.
Nvidias stock has hit a six-week high, triggering sharp rallies in AI tokens NEAR, TAO, and FET. Analysts expect the bullish trend to continue as Nvidia unveils more AI advancements at its summit.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.
TAO has shown strong bullish momentum, potential for $800 if growth is continued.
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher.
Bittensor (TAO) continues to draw attention as one of the most widely mentioned AI tokens. The project also gains social media exposure through high-profile accounts.
Bittensor (TAO) stands out as an intriguing project at the intersection of blockchain technology and artificial intelligence. With its current price sitting at approximately $581.25, many investors are curious about what the future holds for TAO.
Bittensor (TAO) has seen significant bullish momentum recently, pushing its price above the $600 mark.