Grayscale increased its TAO weighting to 43.06% in its AI fund, marking its largest single-asset reallocation just before a major network disruption caused by Covenant AI's exit. Despite a 38% price drop and spot outflows exceeding $70 million, Bittensor's community miners restored key subnets independently, demonstrating the network's resilience. Both Grayscale and Bitwise have filed for TAO spot ETFs, with an SEC decision expected by August 2026, potentially driving price gains before formal approval. Institutional support continues with a $5 million funding round and protocol upgrades like BIT-0011, reinforcing confidence in Bittensor's long-term growth and antifragility.
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...
