Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.

Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor's infrastructure. According to the firm's statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.

Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov.

Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group.

The price of Fetch.ai (FET) has slipped below its critical 100-day Simple Moving Average (SMA), raising concerns about the potential for further downside toward the next support level at $1. This breach marks a pivotal moment for the asset, opening the door for negative pressure to take hold.

DCG's Barry Silbert launches Yuma, a decentralized AI venture, to develop projects for Bittensor's innovative AI network. The post DCG's Barry Silbert unveils decentralized AI venture to fund Bittensor projects appeared first on Crypto Briefing.

Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor's decentralized AI ecosystem.

Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.

TAO was trading at $488.4, a zone that has previously triggered price reversals. Will the same happen this time around?

FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.

The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations. However, for savvy investors looking to capitalize on potential rebounds, there are key altcoins showing strong bullish recovery signs.

The price of FET, the native token of the Artificial Superintelligence Alliance, has experienced a significant decline over the past 24 hours, dropping by 18%. After peaking at $1.62 yesterday, FET's price has now plummeted to $1.30, triggering concerns among traders and investors about the token's short-term outlook.

Bittensor (TAO) has been gaining considerable attention in the cryptocurrency market recently, marked by a dramatic increase in trading volume and a noticeable rise in price action. As of November 13, 2024, TAO's trading volume soared to over $500 million within a 24-hour period, indicating robust market interest.

Story Highlights The FET price hints at a 60% jump with a bullish reversal. BitTorrent's price adds 28%, and it is expected to hit $0.000001740. The Polygon price holds its value above $0.39 despite correction.

FET, the native token of the Artificial Superintelligence Alliance, is one of the top losers in the market today due to an 18% price decrease in the last 24 hours. This decline drove the FET crypto price from a peak of $1.62 yesterday to $1.28 at the time of writing.

TAO nears a potential breakout with robust metrics, eyeing a target of $1,252.6.

Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.

FET, the cryptocurrency tied to the Artificial Superintelligence Alliance, has been showing considerable growth in both large transactions and active addresses, indicating a rise in investor engagement. Over the past 24 hours, the cryptocurrency experienced a dramatic 172.7% jump in large transactions—those valued at $100,000 or more.

FET large transactions surge by 172. 7% in 24 hours with active addresses hiking by 142.4% over the past week.

Bittensor (TAO) price is experiencing strong upward momentum, consolidating its position as the largest artificial intelligence (AI) coin in the crypto market today. Recent analysis using the Ichimoku Cloud highlights a bullish trend, suggesting that buying pressure remains strong.

November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.

Latest updates on the coins ATOM, MATIC, and TAO.

FET is at a pivotal juncture, where a shift in derivative market sentiment could catalyze a breakout.

The artificial intelligence (AI) boom has put related startups, stocks, and cryptocurrencies in the spotlight and investors' portfolios in 2024. Now, looking at 2025 amid an expected altcoin bull rally, Finbold selected two AI-related cryptocurrencies to consider buying moving forward.

Fetch.ai (FET), the AI-driven blockchain platform, is attracting significant attention as it gears up for a potential rally. The token has displayed strong bullish signals, suggesting it could rise by 25% to reach the $1.80 mark.

An upside could be on the cars thanks to THIS pattern.

The Artificial Superintelligence Alliance (FET), the leading crypto-AI token is gaining significant attention from crypto enthusiasts following a notable 25% price surge in recent days. Despite this impressive performance, FET is poised for another rally as it has formed a bullish price action pattern on its daily time frame.

Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.

The price of FET, the token of Artificial Superintelligence Alliance, has surged by 10% in the past 24 hours, signaling a potential recovery from the losses it incurred in October. The price increased from $1.10 to $1.25, marking a sharp rebound after a challenging month in which it saw a 13.39% decline.

After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.

Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

Artificial Superintelligence Alliance (FET) is one of the top gainers today, registering a 10% increase within the last 24 hours. This FET recovery contradicts its performance in October, when its price decreased by 13.39%.

Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.

Bittensor is an innovative open-source project that aims to bridge the worlds of blockchain technology and artificial intelligence (AI) through its native token, TAO. This token allows users to interact with a decentralized network that facilitates machine learning, enabling them to extract valuable data while tailoring the network's operations to meet their needs.

Story Highlights The live price of the AKT token is FET Price price could hit a high of $10 by the end of the year 2024. With a potential surge, the FET price may record a high of $120 during the year 2030.

The current downtrend is strong, and it could continue if there is no shift in demand.

Artificial Superintelligence Alliance (FET), the popular token in the Crypto AI sector is now poised for an upside rally after experiencing a price drop of over 35% in recent weeks. The reason for this bullish speculation is FET's positive price action and recent activity by whales.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.

Bittensor (TAO), the leading AI coin, has risen 76.64% this year but currently faces bearish pressure. Its price has dropped below crucial support levels, with indicators pointing to continued challenges.

Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.

Fetch.ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group's cloud computing subsidiary Alibaba Cloud as a cloud provider. Artificial Superintelligence Alliance is a merger of SingularityNET, Ocean Protocol, and Fetch.ai, with the token trading under the FET symbol.

Bittensor made significant gains over the past day hiking by 7.12% surpassing other AI-themed altcoins. TAO's trading volume also surged by 104.58%.

Fetch.ai successfully integrated with the CUDOS mainnet through a network upgrade, merging CUDOS tokens and enhancing decentralized computing capabilities.

Fetch.ai completed its CUDOS network integration while establishing a partnership with Injective, leading to increased trading volume and market optimism reflected in technical indicators.

Fetch.ai (FET) price has been experiencing challenges in holding above $1.71, with its latest attempts marking the second failure in three months. However, recent shifts in market conditions suggest that FET may be positioning itself for a potential recovery.