TAO price surged more than 24% on June 13, closing at $264 after opening near $212, breaking a seven-month downtrend from around $500 to the low $200s. Technical indicators like RSI and MACD signaled a reversal before the breakout, while volume confirmed strong buying interest. Network activity on Bittensor's subnet increased quietly during the price decline, hinting at growing institutional interest. The key resistance zone between $280 and $320 must be reclaimed to confirm a sustained bullish trend, with the 200-day moving average as a critical long-term support level.
Bitcoin fell to $59,130 on June 5, causing $1.46 billion in long position liquidations and widespread crypto market panic. Meanwhile, Bittensor (TAO) reached a critical long-term support level around $194, showing potential for a bullish rebound if B...
Major proof-of-stake networks saw a decline in staked market capitalization last week, with Cardano experiencing the largest drop at 22.19%, falling to about $3.6 billion. Meanwhile, BNB Chain improved its staking metrics, posting the highest real yi...
