Cryptocurrency exchange Coinbase has launched 24/7 trading for gold and silver futures contracts for eligible U.S. traders. The exchange stated that smaller contract sizes are intended to make precious metals exposure more accessible. This move expands Coinbase’s regulated derivatives and traditional finance offerings. Concurrently, Bittensor (TAO) price has recorded strong gains, rising 19.22% overnight amid growing market interest in decentralized artificial intelligence networks.
The price of Bittensor (TAO) is gaining strong momentum as the decentralized AI narrative continues to attract market attention. Growing concerns over centralized AI control and restrictions have strengthened interest in blockchain-based AI networks.
TAO price has recorded strong gains, rising 19.22% overnight and 34% over the past week. This rally reflects increasing market attention on blockchain-based AI networks that aim to reduce dependence on centralized platforms.
The momentum followed a report that the US government required Anthropic to disable certain AI models for users. This development has intensified discussions around centralized AI risks, strengthening the narrative that decentralized ecosystems like Bittensor could see greater adoption.
From a technical perspective, the token is recovering from a key support zone around the $200–$220 range. Technical indicators suggest improving bullish momentum and a possible trend reversal.
According to a TradingView chart, the RSI has recovered sharply from an oversold level and stands at 56.17. This indicates more bearish momentum now, and the bulls are becoming aggressive.
The MACD shows increasing momentum as the MACD line crossed the signal line. The histogram has become positive at 2.71, indicating rising bullish momentum and suggesting a possible reversal in trend in the near future.
