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 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 STRF sale is scheduled to close later on Tuesday, with Strategy raising approximately $711 million in net proceeds.
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.
The Michael Saylor-led company now holds 499,226 BTC purchased for an average price of $66,360 per token.
TL;DR Starknet users can now pay at merchants accepting Bitcoin Lightning payments using only STRK, thanks to Braavos wallet and the Atomiq bridge. No need to set up a Lightning wallet or pre-fund with BTC, making Bitcoin payments simpler and increasing adoption.
STRK has rising 3% since its February launch, while MSTR has dropped over 20%.
Ethereum Layer-2 Starknet has announced plans to launch a Bitcoin L2 to unify the two biggest blockchain ecosystems. In a post on X, Starknet added that it will become the first L2 to settle on both networks.
Analyt project massive BTC dominance if its DeFi sector is fully tapped.
Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.
Starknet, an Ethereum ETH-based Layer-2 network, is working toward a system where Bitcoin BTC and Ethereum operate more seamlessly together.
Bittensor (TAO) price has been facing a tough battle recently. It failed to break out of a descending wedge pattern, resulting in significant losses.
Starknet has unveiled a bold plan to bridge Bitcoin and Ethereum. Here's How.
Starknet has announced its ambitious plan to become the first Layer 2 solution to unify Bitcoin and Ethereum, aiming to enhance bitcoin's functionality and scalability while preserving its core principles of decentralization and trustlessness.
Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation's Bitcoin roadmap, published on Mar.
Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it's aiming for Starknet to become Bitcoin's execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience. “Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network's original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.
Starknet's integration of Bitcoin and Ethereum could revolutionize DeFi by enhancing scalability, reducing costs, and boosting asset utility. The post Starknet plans to unify Bitcoin and Ethereum on a single layer 2 network appeared first on Crypto Briefing.
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
TL;DR Starknet has integrated Bitcoin and Ethereum into the same execution layer, using STARK proof technology to improve Bitcoin's scalability and functionality. The integration with the Xverse wallet will allow Bitcoin to be managed on this Layer 2 solution. BTCFi Season will be launched to encourage the use of Bitcoin in DeFi applications.
StarkWare also outlined three further developments as plans for the Starknet Layer 2 to unify Bitcoin and Ethereum escalate.
Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10 statement, the company had entered a sales agreement to issue and sell shares of its 8.00% Series A perpetual strike preferred stock at the market (ATM).
Strategy is planning additional capital raises to fund Bitcoin purchases despite the recent market downslide and macro uncertainty.
Strategy intends to use the proceeds for general corporate purposes, including the acquisition of bitcoin.
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.
StarkNet is launching a governance vote where STRK holders will decide whether to approve a major staking upgrade.
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.
Bitlayer, the first Bitcoin-focused layer-2 network, has made a significant announcement today to further advance the vision of expanding Bitcoin beyond its traditional role as a store of value. As the pioneering BTC network, Bitlayer, announced at ETH Denver 2025 its key partnerships with five Blockchains, viz.
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.
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 momentum of artificial intelligence (AI) is gaining traction in the cryptocurrency space, with several projects aligning their fundamentals with this technology.
Nums, a sequential game built off of Starknet's technology, is the first layer-3 to settle on the network.
Bittensor (TAO) turned bullish while the broader market struggle to make higher highs as Bitcoin failed to close above key levels.
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.
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.