# Why Bittensor Keeps Pumping

*Author: Bankless*
*Published: Oct 8, 2024*
*Source: https://www.bankless.com/fr/why-bittensor-keeps-pumping*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/10/Group-651-1-1-1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=bittensor-keeps-pumping&email=true)

  

Why Bittensor Keeps Pumping
    
  

  
  Published on Oct 8, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Kraken**](https://www.bankless.com/sponsor/kraken-1682978636?ref=bittensor-keeps-pumping&email=true) — Sign up for an account and start trading today.

[Sign up for Kraken](https://www.bankless.com/sponsor/kraken-1682978636?ref=bittensor-keeps-pumping&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Crypto.com vs. SEC
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/10/Group-14---2024-10-08T124226.587.png)](https://www.bankless.com/dashboard)- 🧑‍⚖️ **Crypto.com Sues SEC After Receiving Wells Notice.** The exchange is striking back after becoming the latest CEX to get [notified](https://www.theblock.co/post/320052/crypto-com-sues-sec-after-receiving-a-wells-notice-from-the-agency) of potential legal action.
- **🇺🇳 UN Warns of Increasing Crypto Crime in Southeast Asia.** A new report [outlines](https://decrypt.co/285129/southeast-asia-crypto-crimes-un) how crypto is contributing to "money laundering, underground banking, and online scams" in the region.
- 📜 **Scroll ZK L2 Debuts Airdrop Plans. **Scroll is preparing to release its SCR governance token but [there's still time](https://www.theblock.co/post/320060/zk-powered-ethereum-layer-2-scroll-debuts-plans-to-airdrop-scr-governance-token) before the final screenshot.

.  .  .

 
  
    
      
      GO BANKLESS
    
    
  
  
    
    Upgrade Your Experience

    
  
 

*Get the full Bankless premium experience – featuring exclusive content, ad-free podcasts, access to Token Hub, and more!*

[Become a Citizen](https://www.bankless.com/join)

.  .  .

 
  
    

    MARKET VIBES

  
  
Wen Uptober?
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Crypto investors are still waiting for their October pump after a week of 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

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.16T
       

  
    
    ↘ 1.7%
    
  

   
    
    ↘ 0.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $61,931
       

  
    
    ↘ 1.5%
    
  

   
    
    ↘ 0.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,429
       

  
    
    ↘ 0.1%
    
  

   
    
    ↘ 2.8%
  

.  .  .

 
  
    

ANALYSIS

  
  
Why Bittensor (TAO) Keeps Pumping
  
  
   
     
     Bankless Author: 
     
       [
       
        Jun](https://www.bankless.com/author/arjun)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/10/image---2024-10-08T122633.881.png)](https://www.bankless.com/bittensor-keeps-pumping)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](https://www.bankless.com/this-is-the-ai-x-crypto-cycle). 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.👇

[Read More on Bankless.com](https://www.bankless.com/bittensor-keeps-pumping)
---