tao

According to Theblock, Covenant AI, the main subnet developer on Bittensor, has announced its exit from Bittensor. Covenant AI founder Sam Dare stated that Bittensor attracted builders, miners, validators, and investors into this ecosystem because of its promise of not being controlled by any single entity. However, this promise is a lie.Dare listed Bittensor co-founder Jacob Steeves as a major reason for the departure. He claimed that Jacob has been exercising authority over the subnet to regain control of Covenant, as Covenant has grown too large to manage.It is reported that after Covenant's announcement, the price of Bittensor's TAO token plummeted significantly, dropping from $338 to $285 in a short period, a decrease of 15%.

Kyle Samani, co-founder of Multicoin Capital, stated on the X platform that he is willing to bet on the viewpoint proposed by KOL ampera that "Bittensor (TAO) will enter the top 10 of crypto assets before 2028," and he is willing to accept a maximum bet amount of $1 million.

According to SEC filings, Grayscale submitted an S-1 amendment for its Bittensor (TAO) trust.

Research institution 10x Research published on platform X, pointing out that Bittensor (TAO) is experiencing strong momentum driven by both AI narratives and ecological expansion. The current price of TAO has surpassed the 7-day and 30-day moving averages, with technical indicators showing dual bullish signals. In the past week, it has increased by 19.8%, and the staking scale of subnet has exceeded 620 million dollars, with the number of active subnets expanding to 128.On the news front, NVIDIA CEO Jensen Huang mentioned Bittensor in a well-known podcast, while Grayscale reiterated this week that the Bittensor Trust private placement subscription is now open to qualified investors, further strengthening institutional endorsement.

According to the official announcement, Gate will launch the 25th VIP Super Friday event from March 27 at 15:00 to April 9 at 23:59 (UTC+8). This session focuses on the AI track, introducing three popular token prize pools: RENDER, FET, and TAO, and setting up three tiered exclusive prize pools: silver, gold, and black gold.Both the gold and black gold prize pools guarantee a 100% win rate, with significantly increased single rewards, allowing users to win up to 8 TAO. During the event, users with VIP level 5 and above can register to receive 1 free capsule; users can also continuously obtain capsules through net deposits, VIP exclusive financial management, spot and contract trading tasks, with some trading-related tasks having no upper limit on rewards.In addition, new or re-upgraded VIP 5 users, those who check in for contract trading for seven consecutive days, and those who activate the Gate Vault service can also unlock additional capsule rewards through surprise tasks. The number of prize pools is limited, and it is first come, first served.

According to Binance spot data, the market has experienced significant fluctuations. TAO has risen by 17.03% in 24 hours, reaching a new high for today. WIF has increased by 8.26% in 24 hours, hitting a new high for the week.In addition, INIT has shown a "high and then low" state, with a 24-hour decline of 9.32%. FORTH has a 24-hour decline of 10.8% and has shown a "small drop in 2 hours" state, while LA has reached a new low for today, with a decline of 5.75%.

According to monitoring by Hyperinsight, TAO surged significantly, with an intraday increase of 20%. On-chain sentiment has also warmed up, and two whales on the Hyperliquid platform have successively chased the rise to go long.Among them, 0x0e0 opened a long position in TAO this morning at 6 AM with 5x leverage, with a position size of 1.1 million dollars and an average price of 269.5 dollars, currently showing an unrealized profit of 110,000 dollars (50%), with a liquidation price of 224 dollars. Another whale, 0xe51, entered the market in the past 4 hours with 1x leverage, with a position size of 1.72 million dollars and an average price of 295 dollars, showing a small unrealized profit of 30,000 dollars, currently ranking as the TOP 2 long position on Hyperliquid.

Binance leverage will add full margin trading pairs AAVE/U, TAO/U, UNI/U, WLFI/U on March 17, 2026, at 18:00. Users are advised to pay attention to the volatility of the newly listed trading pairs and adopt corresponding risk management strategies.

Binance will launch the AAVE/U, TAO/U, UNI/U, and WLFI/U spot trading pairs on March 17, 2026, at 16:00, and will open trading bot services for these trading pairs.During the event, eligible users can enjoy zero Maker fees for AAVE/U, TAO/U, UNI/U, and WLFI/U spot and margin trading pairs. The event will last until further notice.

Binance leverage will add the TAO/USD1 full margin trading pair on February 25, 2026, at 16:00, and will add the ADA/U, DOGE/U, and PEPE/U full margin trading pairs on the same day at 18:00.

Binance will launch the ADA/U, DOGE/U, PEPE/U, and TAO/USD1 spot trading pairs on February 25, 2026, at 16:00, and will open trading bot services for these pairs.During the event, the ADA/U, DOGE/U, and PEPE/U spot and leveraged trading pairs will enjoy zero Maker fees, with the specific event period running from February 25, 2026, at 16:00 until further notice.

UPBIT will launch trading support for Bittensor (TAO) on February 16, 2025, at 16:00. Deposits will be opened 1 hour and 30 minutes after the announcement is made. Users are advised to confirm the network before making deposits; the supported network is TAO-Bittensor Network.

According to Binance spot market data, the market has experienced significant fluctuations. JUP has increased by 18.85% in 24 hours, and TAO has increased by 23.31%, reaching a new high for the week.At the same time, BROCCOLI714 has risen by 7.69% in 24 hours and is showing signs of a rebound after hitting a low. OGN and UNI have both experienced a "pullback" state, with declines of 7.96% and 5.42% in 24 hours, respectively. Additionally, RENDER, DEXE, and OXT have also reached new highs today, with increases of 10.79%, 5.1%, and 6.71%, respectively.

According to Crowdfundinsider, Grayscale Investments has submitted a preliminary registration statement to the SEC, proposing to launch an exchange-traded product focused on Bittensor. The trust is coded as GTAO and aims to provide investors with the opportunity to directly invest in Bittensor's native token, TAO, through regulated channels.The submitted S-1 filing marks the initial phase of converting the existing Grayscale Bittensor Trust into a spot ETF. If approved, GTAO will become the first ETP focused on TAO to be listed in the United States, allowing retail and institutional investors to gain investment exposure without directly holding the underlying crypto token.

According to the official announcement, Bittensor has completed its first halving event in history, reducing the daily token output from 7200 TAO to 3600 TAO.

Grayscale officially announced the details of the Grayscale Bittensor Trust, with an initial TAO asset management scale of approximately $10,811,551, a fee rate of 2.5%, and a total of 1,881,500 shares outstanding.The product will be quoted on the OTC Markets Group platform, allowing investors to buy and sell at market-determined prices through most traditional brokerage accounts.

According to The Block, Grayscale's Grayscale Bittensor Trust has begun trading on the OTCQX, a secondary market operated by OTC Markets Group Inc., under the ticker symbol GTAO.The trust has remained private since its establishment in August 2024, meaning it will now be open to a broader range of investors through a public offering. Additionally, Bittensor is expected to undergo a halving on December 14, which will reduce the token issuance allocated to network participants, thereby increasing the scarcity of TAO.

According to Businesswire, Bittensor (TAO) treasury company TaoWeave (formerly Oblong) announced that it will begin trading under the new stock ticker "TWAV" after the Nasdaq opening today.In addition, the company disclosed that it has increased its holdings by 2,439 TAO over the past month, bringing the total token holdings to 24,382, with the current mNAV at 1.19.

According to The Block, Grayscale research analyst Will Ogden Moore stated: "Bitcoin's history shows that even with reduced rewards, a decrease in supply can enhance network value, as Bitcoin's network security and market value have been strengthened through four consecutive halvings. Similarly, Bittensor's first halving marks an important milestone in the network's maturation as it moves towards a supply cap of 21 million tokens."Moore noted that Bittensor is currently experiencing strong adoption momentum, with institutional interest on the rise. Moore pointed out that the dTAO launched in February this year is a significant achievement for Bittensor. This mechanism allows subnets to be directly invested in, leading to a substantial expansion of the total market capitalization of these subnets. Moore wrote: "We believe that the early success of certain subnet-based applications, the increase of institutional capital in the Bittensor ecosystem, and the upcoming TAO supply halving could all serve as positive catalysts for driving prices higher."Previously, it was reported that Bittensor will experience its first halving on December 14, when the daily issuance of TAO will be reduced to 3,600 tokens.