News section
'It is decentralization theatre': Covenant AI exits Bittensor, TAO drops 15%
Covenant AI announced its departure from Bittensor, citing “punitive actions” from the network’s co-founder, Jacob Steeves.Covenant claimed that Steeves maintains authority over the network, alleging that the decentralization promise of Bittensor is “a lie.”
2026-04-10 10:42:00
Will Bittensor price drop to $297 as double rejection at descending trendline triggers bearish MACD crossover?
Bittensor (TAO) is trading at $325.1, down 3.04% on the day, after rejecting a multi-month descending trendline twice near the $355 to $371 zone within two weeks.The daily MACD has confirmed a bearish crossover, with the MACD line at 19.6 crossing below the signal at 22.0 and the histogram printing at -2.4.Immediate support sits at $297.5, and a confirmed break below that level opens a path to the daily Supertrend at $263.7, while a daily close above $371 invalidates the bearish setup.
2026-04-09 00:00:00
Bittensor breakout fuels AI token rally as distributed training gains credibility
The price of TAO nearly doubled in March, as the market is catching up to a realization of what the Bittensor network can do.The following is excerpted from The Block’s Data and Insights newsletter.
2026-04-03 03:26:00
