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A look at Trump's sons' "huge" DeFi announcement, Grayscale's two new crypto trusts, DePIN project Andrena raises $18 million and more.
Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world's largest crypto asset manager says it's launching the new products due to growing consumer demand for diversification.
World's largest crypto asset manager, Grayscale, has announced the launch of two more crypto products. They are already offering over 20 crypto investment funds including Bitcoin, Bitcoin Cash, Ethereum etc. They now have announced the launch of crypto investment funds for Sui and TAO. Let's explore what they plan with these new investment trusts.
Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement. The Grayscale Bittensor Trust will invest in Bittensor's native TAO token, while the Grayscale Sui Trust will focus exclusively on Sui's SUI token.
Grayscale Investments has launched two new crypto investment trusts offering exposure to Bittensor and Sui. The funds are the Grayscale Bittensor (TAO) Trust and the Grayscale Sui (SUI) Trust, and will invest in the two blockchain protocol's native tokens.
TL;DR Grayscale Investments introduces two new trusts: Grayscale® Bittensor Trust and Grayscale® Sui Trust. Trusts respond to the growing demand for diversified investment options in cryptocurrencies. The Grayscale® Bittensor Trust invests in Bittensor's TAO token, while the Grayscale® Sui Trust focuses on the Sui protocol's SUI token.
Grayscale's new crypto trusts for Sui and Bittensor highlight the increasing investor appetite for diversified and innovative digital asset exposure. The post Grayscale rolls out trust products for Sui and Bittensor appeared first on Crypto Briefing.
These new offerings expand Grayscale's portfolio, which already includes over 20 crypto investment products. The Grayscale Bittensor Trust is focused exclusively on TAO, the native token of the Bittensor protocol.
Grayscale introduced the Grayscale Bittensor Trust and Grayscale Sui Trust, focusing on the Bittensor Protocol's TAO token and the Sui protocol's SUI token, respectively.
Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products.
Grayscale, the investment firm behind popular bitcoin (BTC) and ether (ETH) exchange-traded funds, announced Wednesday to start offering two new crypto funds that invest in the native tokens of decentralized artificial intelligence (AI) project Bittensor Protocol (TAO) and layer-1 blockchain Sui (SUI).
The new Bittensor and Sui trusts joins Grayscale's list of 18 crypto investment products for accredited investors.
Amidst the recovering market, the bullish trend in AI tokens is gaining momentum for a reversal run. The top AI tokens like the AIOZ, RNDR, and TAO, with massive intraday gains, tease a bullish month ahead. So, let's look closer at the top AI tokens to buy as the market continues to bounce back.
It's turn-around Tuesday for financial markets today, with major cryptos surging back after taking a beating on Monday and investors scouring the market for top crypto performers today that might make them quick gains.
TAO, the altcoin that powers Bittensor's decentralized machine learning network, has witnessed a 36% price rally in the past 24 hours as the general cryptocurrency market rebounds following Monday's decline.
Decentralized AI project Bittensor TAO gains 41% in the past day recovering from the losses experienced yesterday when the global crypto market saw over $1 billion in liquidations.
Bittensor is revolutionizing the development of machine learning platforms by decentralizing the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind.
Investor shifts from Grayscale to new Ethereum ETFs highlight market volatility and the competitive landscape in crypto investment products. The post US Ethereum spot ETFs off to rough start: $1.5B left Grayscale fund, BlackRock led first-week inflows appeared first on Crypto Briefing.
TAO, the altcoin that powers Bittensor's decentralized machine learning network, has performed well in the past 24 hours. On Thursday, its bulls successfully defended the crucial $317.88 support level.
Bittensor is a decentralized peer-to-peer network for machine intelligence. The Bittensor protocol establishes a marketplace that transforms machine intelligence into a tradable commodity.
The Securities and Exchange Commission has given the green light for spot Ethereum ETFs, which will start trading on Tuesday.
The planned fee for Grayscale Investments' spot ether ETF was initially on the higher end when compared to competitors.
Bittensor (TAO) price marked an impressive growth, with the altcoin rising from $217 to $331, indicating potential for further growth.
Coinbase, a major player in the cryptocurrency exchange market, has announced its plans to introduce perpetual futures contracts for three significant cryptocurrencies, Toncoin (TON), Bittensor (TAO), and Tellor (TRB). This move represents a substantial expansion of their product offerings, catering to the growing demand for futures trading in the crypto market.
