Bittensor's native token $TAO surged about 30% after the US government directed Anthropic to disable its advanced AI models, Fable 5 and Mythos 5, citing national security concerns. This move has driven investors toward decentralized AI alternatives like Bittensor, which operates an open-source network immune to unilateral government shutdowns. The event also boosted other decentralized AI tokens such as Venice Token and Internet Computer's ICP. While Bittensor offers a promising decentralized solution, its AI capabilities still lag behind major centralized providers like Anthropic and OpenAI.
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...
