Bittensor (TAO) experienced a 7% price decline in the past 24 hours, continuing a losing streak since early September. Open Interest fell by over 14%, signaling weak demand in both spot and derivatives markets. Despite a recent rally to nearly $280, TAO failed to surpass the critical $300 resistance, maintaining a bearish weekly structure. Traders may look for a dip to around $190 as a potential buying opportunity if the bearish momentum persists, especially if Bitcoin weakens further.
Bittensor's TAO token fell 5.54% within 24 hours to $258.04, coming close to a previously identified support range of $252-$255. This decline was sharper than Bitcoin's 3.41% drop to $81,313 in the same period. The token remains about $3 above the up...
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
Bittensor's TAO token broke a strong resistance at around $255 in early September after increased trading volume, leading to a rally up to $340. However, profit-taking caused a decline, weakening bullish momentum as sellers gained control. The $252–$...
Bittensor has introduced eTAO, a new feature allowing subnet owners to control how alpha tokens are distributed among owners, validators, and miners. Previously, the default split allocated 18% to owners, 41% to validators, and 41% to miners. With eT...
