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Bittensor has seen a sharp downturn after a major development team exit triggered panic across the AI crypto sector. The network lost nearly $900 million in market value within hours, as internal tens

Bittensor has seen a sharp downturn after a major development team exit triggered panic across the AI crypto sector.
The network lost nearly $900 million in market value within hours, as internal tensions and governance disputes came into the spotlight. The catalyst was the announcement that Covenant AI, the team behind one of Bittensor’s most significant subnets, is leaving the ecosystem.
Covenant AI had developed a large-scale 72-billion-parameter AI model, and its departure immediately shook investor confidence. Many in the market viewed it as more than just a technical exit—it highlighted deeper disagreements within the Bittensor community around how the network is governed and how value is distributed.
Following the news, Bittensor’s native token TAO dropped around 27%, falling from about $338 to a low near $285 within just a couple of hours before slightly stabilizing around $294. The sudden move also triggered forced liquidations of roughly $11 million in long positions, according to market data.
The impact didn’t stop at the main token. The broader subnet ecosystem also suffered, with over $300 million in value erased, reflecting how tightly connected sentiment is across the AI subnet economy.
This sharp correction came right after a strong growth phase, where TAO had gained around 30% over the past month, supported by increasing institutional attention and technical progress within the network. Just before the sell-off, the combined valuation of subnet tokens had exceeded $1.5 billion.
Now, however, the situation has shifted quickly. What was previously seen as a high-growth AI narrative has turned into a reminder of how fragile emerging ecosystems can be when governance conflicts and key developer exits collide.

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Bittensor has seen a sharp downturn after a major

BASED: Hyperliquid’s On-Chain Super App

HTX Community Spring Creation Contest Blockchain Forum 2026, MoscowEthereum market sentiment today is showing a strong bullish structure despite short-term fluctuations. From a crypto experience persp

Ethereum market sentiment today is showing a strong bullish structure despite short-term fluctuations. From a crypto experience perspective, Ethereum is holding above key support zones, indicating underlying strength in the market.

Currently, ETH is moving in a consolidation phase after a recent upward trend. This phase is often seen before a continuation move, as the market builds momentum. Instead of sharp corrections, Ethereum is stabilizing, which is a positive signal.

Institutional interest in Ethereum is also growing, especially due to staking rewards and its role in decentralized applications. Investors are not exiting positions; rather, they are accumulating during dips.

Macro factors such as inflation and global liquidity are still influencing ETH, but the asset is showing resilience compared to previous cycles.

Overall, Ethereum is not showing weakness — it is preparing for the next major move.

Ethereum market sentiment today is showing a stron

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow! Blockchain Forum 2026, Moscow Market makers are fleeing public blockchains to protect their secret trading playbooks The largest t

Market makers are fleeing public blockchains to protect their secret trading playbooks

The largest traders have a problem: how to keep their activity quiet enough to not influence market prices or reveal any long-term strategies.

In traditional markets like equities, they've had that ability for decades through so-called dark pools and off-exchange venues. Even as far back as January 2025, more than half of all U.S. equities trading took place off public exchanges, according to Bloomberg data.

Crypto has never had an equivalent, and the absence is increasingly difficult to ignore. Every trade on Hyperliquid, every order on a decentralized exchange, is visible to anyone paying attention, and companies like DeFiLlama and Arkham exist to collect and present that data in a digestible way.

The crypto market, which prides itself on disrupting traditional finance, has replicated one of TradFi's most persistent structural problems: If you're big enough to move markets, everyone can see you coming. As a result, firms providing liquidity on public decentralized exchanges say their strategies get reverse-engineered quickly

"On Hyperliquid, one of the top market makers told us they have to rotate their trading strategies every three weeks because they get copied," Denis Dariotis, co-founder of GoQuant, a crypto trading infrastructure firm backed by GSR, said in an interview. "That's the alpha problem."

There are other consequences, too. Market makers — the firms providing the liquidity that keeps crypto markets functioning — operate in full public view, and the industry has developed a habit of making them the villain whenever something goes wrong. Recent scrutiny of Jane Street's involvement in the Terra/Luna collapse is only the latest example. A large firm's onchain activity gets traced, a narrative forms and the company spends weeks managing a PR crisis over trades

Market makers are fleeing public blockchains to pr

Win $18 Million in HTX! Many consider Web3 innovations to be nothing more than technological breakthroughs. But at a deeper level, it's about redefining the concept of "value." Red Hare is more than j

Win $18 Million in HTX! Many consider Web3 innovations to be nothing more than technological breakthroughs.

But at a deeper level, it's about redefining the concept of "value."

Red Hare is more than just a project; it's rewriting the rules, bringing the rarest things in the real world to the blockchain—a champion's spirit, a long-term vision, and unmatched execution.

It's not just about "distributing rewards," but about harnessing the amplifying power of Web3 mechanisms and artificial intelligence.

It's about turning "participation" into an asset capable of exponential growth. You're not just investing money; you're investing judgment, patience, and even your understanding of trends.

All of this is quantified, amplified, and revalued here.

 In short, while most projects still focus on gameplay and narrative,

Red Hare is already attempting to answer a more fundamental question:

Can people themselves become assets? From structural design of decentralized exchange liquidity to the gradual implementation of AI-powered staking models,

the project's focus is clear: not just telling stories, but fleshing out those stories step by step.

Such projects may be unpopular at first.

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Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Veteran Analyst Jordi Visser Says, “Bitcoin and AI Will Be the Winners,” and Identif

Veteran Analyst Jordi Visser Says, “Bitcoin and AI Will Be the Winners,” and Identifies the BTC Level That Must Be Surpassed for a Rally
Jordi Visser, a veteran macro investor with over 30 years of experience, states that the markets are entering a period of significant “rotation” (capital shift), predicting that Bitcoin and Artificial Intelligence (AI) hardware will be the biggest winners of this period.

Jordi Visser, a macro investor closely followed by the financial world, made striking statements about the future of markets on Anthony Pompliano’s program. According to Visser, while the software sector is losing value due to the disruptive impact of artificial intelligence, Bitcoin, semiconductors, and commodities are becoming central to the new investment cycle.

Visser stated that investors’ biggest mistake is equating artificial intelligence with traditional software companies (SaaS). Arguing that AI has made coding “almost free and readily available,” Visser said, “All business models built on code are under serious margin reduction and competitive pressure. Therefore, while giants like Salesforce and Adobe will suffer, hardware and infrastructure providers like Nvidia, Dell, and Corning will continue their parabolic rise.”

Related News Iran and the U.S. Have Begun Peace Talks in Pakistan: Here’s the Latest – Trump Also Spoke

Noting that Bitcoin has recently broken its correlation with software stocks, Visser argued that cryptocurrency is “the only code that cannot be destroyed by artificial intelligence”:

“Bitcoin is not a business, not a company with fundamentals; therefore, it cannot be destroyed by artificial intelligence. It is a pure rarity asset.”

Visser also shared critical levels for Bitcoin: He believes that if Bitcoin surpasses $76,000 and Ethereum simultaneously exceeds $2,400, a sustainable and major bull rally......


Veteran Analyst Jordi Visser Says, “Bitcoin and AI

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**🚨 BREAKING: PRESIDENT TRUMP’S 9:00 PM EMERGENCY ANNOUNCEMENT** President Trump is set to deliver an emergency address tonight at 9:00 PM, with insiders pointing toward a **groundbreaking 10-point de

WL: Ethereum L2/Sidechain

HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX!1. PharosDevelopment Stage: TestnetRaised: $52MDescription: Pharos is a financial-grade, asset-native 

1. PharosDevelopment Stage: TestnetRaised: $52MDescription: Pharos is a financial-grade, asset-native Layer 1 blockchain network.2. GensynDevelopment Stage: TestnetRaised: $50.6MDescription: Gensyn is a layer-1 trustless protocol for deep learning computation.3. ArcDevelopment Stage: Public TestnetRaised: N/ADescription: Arc, its Layer 1 blockchain dedicated to stablecoins, developed by Circle.4. NexusDevelopment Stage: Completed TestnetRaised: $27.2MDescription: Nexus is an Exchange Layer 1 blockchain purpose-built for verifiable finance.5. Moca NetworkDevelopment Stage: Private MainnetRaised: $41.8MDescription: Moca Network is a chain-agnostic decentralized identity by Animoca.6. FluentDevelopment Stage: TestnetRaised: $10.2MDescription: Fluent is an execution network that integrates different virtual machines.7. ORBTDevelopment Stage: DevelopmentRaised: N/ADescription: ORBIT Protocol develops the Universal Layer for instant settlement & global liquidity.8. EuclidDevelopment Stage: Private MainnetRaised: $4.1MDescription: Nest is a decentralized application built on top of the Plume blockchain.9. Push ChainDevelopment Stage: Points Program S3Raised: $11.5MDescription: Push Chain development settlement layer for all chains (EVM + non-EVM).Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle MarketsSpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 BillionStagflation Shadows: U.S. Manufacturing Shines as Services Slump to 11-Month LowScarcity and Strife: Bitcoin Hits Historic Milestone Amid Geopolitical TremorsStrategy's Multi-Billion Dollar Bitcoin Accumulation: A 2026 Milestone

1. PharosDevelopment Stage: TestnetRaised: $52MDes

Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Text | Tingtong Tech (ID: tingtongtech), Author | Chen Ke, Editor | Rao Yan Just whe

Text | Tingtong Tech (ID: tingtongtech), Author | Chen Ke, Editor | Rao Yan

Just when the market thought the Al video generation battlefield would still be a showdown between ByteDance and Kuaishou, a "dark horse" entered the fray.

Without warning, without papers, without an official account, a mysterious video generation model called HappyHorse topped the overseas evaluation platform Artificial Analysis, becoming the new technological throne.

The shockwaves caused by this "three-no" product in the Al community are no less than when AlphaGo defeated Lee Sedol. However, all the "technical fingerprints" and personnel changes in the market point to the same destination: Alibaba. However, Alibaba did not admit it at the beginning.

Text | Tingtong Tech (ID: tingtongtech), Author |

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX!While most DeFi governance tokens are still struggling with the narrative of "voting rights", JST has 

While most DeFi governance tokens are still struggling with the narrative of "voting rights", JST has quietly completed a value revaluation — evolving from a governance token with no cash flow into an interest-bearing asset with a built-in deflationary engine. Over the past six months, the broader market has been volatile, yet JST has bucked the trend to double in price, outperforming BTC by more than three times. This is not emotional speculation, but a fundamental-driven logical reversal.

I. The Core of Value Revaluation: Protocol Dividends, Making JST Truly "Valuable"

Governance tokens of traditional DeFi protocols (e.g., UNI) lack value capture; holders only have the right to "vote" and cannot share in the protocol's profits. JST's transformation lies in this: JustLend DAO uses its quarterly net income to buy back and burn JST tokens.

What does this mean? Every single JST token has become a "dividend voucher" for the JUST ecosystem. The more the protocol earns, the more aggressive the buyback and burn will be, the fewer tokens in circulation, and the scarcer the remaining tokens will become.

Data speaks volumes about the strength:

After just two rounds of buybacks, 1.084 billion JST tokens have been permanently burned, accounting for 10.96% of the total supply.

A total of 38.72 million USDT in real capital has been invested.

Such deflationary intensity is unheard of among mainstream lending protocols such as AAVE and Compound. Over 10% of the supply is gone in an instant, and each round of burning injects value into the remaining JST tokens.

II. Ecological Dividends: Backed by TRON, the "Money Printing Machine"

JST's deflation is not groundless; its confidence stems from the continuous profit generation of the TRON ecosystem:

Exclusive dividend from energy leasing: JustLend undertakes the vast majority of energy leasing business across the entire TR

While most DeFi governance tokens are still strugg

Governments use Executive Orders to quickly establish direction in fast-evolving industries like cryptocurrency. Traditional legislative processes can take years, but Executive Orders allow immediate 

Governments use Executive Orders to quickly establish direction in fast-evolving industries like cryptocurrency. Traditional legislative processes can take years, but Executive Orders allow immediate action.

In crypto, where innovation moves rapidly, timely decisions are essential. Executive Orders can direct agencies to study risks, propose regulations, and coordinate efforts across departments.

They are often used to address urgent concerns such as financial stability, fraud prevention, and global competitiveness.

By setting priorities, these orders help align government strategy with technological advancements.

Market Insight:
Short-term: Rapid response
Mid-term: Policy development
Long-term: Strategic governance



Governments use Executive Orders to quickly establ

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ETH SHANGHAI UPGRADE TOMMOROW MY PREDICTION - ETH DROPS A LITTLE BIT TOMMOROW AND THEN PUMPS TO $2,200 - $2,400 COZ ALL THE FEAR OF UNLOCK WILL BE GONE COMPARED TO $30k BTC , ETH SHOULD BE ATLEAST $2,400 RIGHT NOW

ETH SHANGHAI UPGRADE TOMMOROW MY PREDICTION - ETH DROPS A LITTLE BIT TOMMOROW AND THEN PUMPS TO $2,200 - $2,400 COZ ALL THE FEAR OF UNLOCK WILL BE GONE COMPARED TO $30k BTC , ETH SHOULD BE ATLEAST $2,400 RIGHT NOW<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-04-11/339eeba258b5c8c557cd916abdbaa84f.jpg" alt="20230410_232213.jpg" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px">

ETH SHANGHAI UPGRADE TOMMOROW

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