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Are AI Coins making a comeback? Bittensor, an AI-based cryptocurrency, has turned bullish as the TAO price pushes an upward move.
Here's a look at how SUI and TAO responded to Grayscale's product listing.
Grayscale Investments, one of the world's largest crypto asset managers and exchange-traded fund (ETF) issuers has unveiled its latest offerings. On Wednesday, the company announced the launch of two new crypto mutual funds: the Grayscale Bittensor Trust and the Grayscale Sui Trust.
On a euphoric day in crypto markets, where most major coins posted big gains amid fading US recession, JPY currency and geopolitic risks, traders hunting for top crypto performers today were combing through the altcoin markets.
The two Trusts hold exclusively the cryptocurrencies with the same name.
The newly-launched trusts are available to eligible individual and institutional accredited investors.
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.
