Until $240 is flipped to support in the short-term, TAO traders can remain bearishly biased.
Despite tariff fears having an outsized impact on AI tokens, Bittensor's subnet ecosystem is posting impressive returns. In two months, its subnet tokens' market cap grew from $4 million to over $200 million.
The United States' first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump's campaign with hopes of a pro-crypto regulation and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing world order with his Liberation Day tariff announcements.
The crypto market bounced back after a volatile Monday, with Bitcoin (BTC) and other cryptocurrencies registering substantial increases after starting the week in freefall. BTC is up over 6% over the past 24 hours, with the flagship cryptocurrency looking to reclaim $80,000.
Polygon (POL) was also a top performer, gaining 1.4% from Thursday.
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day's levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion.
FIL witnessed a major price surge after its listing on Upbit exchange, along with a notable surge in development activity.
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Artificial intelligence-focused cryptocurrencies continued their downward trend after Microsoft slowed its data center expansion plans. Bittensor (TAO) token crashed by 10% in the last 24 hours and 24% in the last seven days.
We've been looking at quality projects within the AI market lately, and one innovative project we like is Bittensor. What do they do?
With “Liberation Day” announcements looming, traders are eyeing key altcoins that could react strongly to a shift in market sentiment. XRP, Dogecoin (DOGE), and Bittensor (TAO) have all shown heightened volatility recently, positioning them as prime candidates for sharp moves.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
We also expressed our views on which are the top 10 subnets with the most potential. We feel that TAO is doing very well in terms of development in the background.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
With March coming to an end, the crypto market is closing Q1 2025 on a bearish note. However, the altcoins are turning around, aided by the slow recovery across the market, which could help start Q2 and April off on a good note.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
TL;DR GLIF has launched its native token, GLF, distributing 94 million tokens in an airdrop to active users, which represents 9.4% of the total supply. Although GLF is currently a governance token, the protocol is working to expand its utility, including a loyalty program inspired by airline miles.
The GLF token launch comes as GLIF moves beyond Filecoin, with plans to support additional decentralized physical infrastructure networks.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
Bittensor (TAO) price has been facing a tough battle recently. It failed to break out of a descending wedge pattern, resulting in significant losses.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
Filecoin still leads the decentralized open-source storage network in the blockchain world. However, its token has seen a downtrend similar to other cryptocurrencies.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Since the liquidity around $300 was sizeable, it was likely that a price bounce was brewing.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users.
Team Rizzo, which operates subnets and validator services on Bittensor, has secured $25 million in blockchain-based insurance coverage against hacking risks. As reported by Coindesk, the coverage was arranged by Native, a digital asset insurance broker and specialist, to protect Rizzo's validator services and machine learning businesses on Bittensor, a popular AI-driven cryptocurrency network.
Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Zuvu AI, Vana Join Forces to Enhance Bittensor AI Ecosystem
Bitcoin (BTC) is attempting to reclaim $90,000 after a bloodbath at the beginning of the week drove the price to a low of $86,220, as analysts warned of a deeper correction to $80,000. The flagship cryptocurrency is down over 3% in the past 24 hours and is trading around the $88,900 mark.
The introduction of a USD stablecoin could significantly enhance Filecoin's ecosystem by increasing accessibility and financial innovation. The post 10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem appeared first on Crypto Briefing.
Bittensor (TAO) turned bullish while the broader market struggle to make higher highs as Bitcoin failed to close above key levels.
Filecoin has created history with its mind blowing hold over the world. The financial system was revolutionized when Filecoin started climbing the ladder.
Bitcoin price is pinned below $100,000, but several altcoins are showing sighs of breaking out.
"TAO is part of my personal portfolio and I'm up on it," one popular analyst said.
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.
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.
TAO's breakout is driven by rising interest, positive technical indicators, and the Coinbase listing.
TL;DR AR.IO launched its mainnet and token generation event (TGE), offering a permanent cloud storage solution based on Arweave. Unlike traditional services, it allows users to pay once for data storage without the need for renewals or risk of losing access to their files.
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.