The AI crypto sector fell 1.5% this week but remains up 6.5% year-to-date, with gains concentrated in a few tokens like Bittensor's Targon subnet, which surged 40.2% following an Intel collaboration announcement. While most AI tokens struggle, some like Perle and Chainbase saw strong weekly gains. Industry developments include Anthropic's leak of a new AI model, Ripple integrating AI for XRPL security, and bullish sentiment around Bittensor's expanding AI infrastructure. Despite macroeconomic caution and geopolitical tensions, localized optimism persists in AI crypto, with the altcoin market showing signs of a potential season shift.
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
