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Why Bittensor Bittensor Keeps Pumping
Published on Oct 8, 2024

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NEED TO KNOW
Crypto.com vs. SEC
  1. 🧑‍⚖️ Crypto.com Sues SEC After Receiving Wells Notice. The exchange is striking back after becoming the latest CEX to get notified of potential legal action.
  2. 🇺🇳 UN Warns of Increasing Crypto Crime in Southeast Asia. A new report outlines how crypto is contributing to "money laundering, underground banking, and online scams" in the region.
  3. 📜 Scroll Scroll ZK L2 Debuts Airdrop Plans. Scroll is preparing to release its SCR governance token but there's still time before the final screenshot.
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MARKET VIBES
Wen Uptober?

📸 Daily Market Snapshot: Crypto investors are still waiting for their October pump after a week of Bitcoin Bitcoin continuing to hold onto the $62K range. Today's continued slip in prices comes despite a broader pump on Wall Street.

Prices as of 4pm ET 24hr 7d
Crypto $2.16T ↘ 1.7% ↘ 0.5%
BTC $61,931 ↘ 1.5% ↘ 0.1%
ETH $2,429 ↘ 0.1% ↘ 2.8%
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ANALYSIS
Why Bittensor (TAO) Keeps Pumping
Bankless Author: Jun

Bittensor (TAO) has captured the attention of investors, and it's easy to understand why. The narrative surrounding AI is both simple and powerful, and in this current crypto cycle, few categories are hotter than AI x Crypto. As one of the most prominent projects in this space, Bittensor is positioning itself as the project to watch.

At its core, Bittensor is pushing a new frontier: creating a decentralized network where AI models can be trained and shared in a way that aligns incentives for both developers and users.

In this article, we will explore what is happening in the Bittensor ecosystem and examine the upcoming catalysts that could drive its momentum.👇


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Ni conseil financier ni fiscal. Le contenu Bankless est strictement éducatif et ne constitue pas un conseil en investissement ni une sollicitation à acheter ou vendre des actifs ou à prendre des décisions financières. Cette newsletter ne constitue pas un conseil fiscal. Parlez-en à votre comptable. Faites vos propres recherches.

Divulgation. Il peut nous arriver d’ajouter des liens vers des produits que nous utilisons dans cette newsletter. Nous pouvons recevoir une commission si vous effectuez un achat via l’un de ces liens. De plus, l’équipe Bankless détient des actifs crypto. Consultez nos divulgations d’investissement ici.

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