- In a recent report, Grayscale has highlighted the growth of Bittensor following a regulatory review of mid-range AI brands such as Anthropic.
- Following Anthropic’s announcement, TAO’s price rose sharply 30% in just 12 hours, although it failed to sustain.
- Bittensor has recently made major partnerships to improve online services on AI-based devices.
Among the most closely watched AI platforms, Bittensor (TAO) has seen a rally of over 21% in the past 7 days amid strong demand for AI infrastructure.
In a recent report, Grayscale, a leading asset management company, highlighted the factors that triggered the rally in TAO’s price by citing the continuous focus around the new AI models of Anthropic.
Bittensor Can Benefit From AI Export Controls
On June 12, the United States announced the issuance of a new directive through the Department of Commerce, which has ordered Anthropic to suspend access to its new AI models, such as Fable 5 and Mythos 5, to all foreigners. In order to maintain compliance, Anthropic has turned off brands for customers around the world.
The Grayscale report “The suspension of the updated version of Anthropic AI highlights the dangers of centralizing AI. We expect demand for sustainable AI, such as Bittensor and its TAO brand, to continue to rise as investors look for alternatives.”
According to a Grayscale researcher, Bittensor has “some AI-based vision” as it uses the Internet. It can provide open access to AI products using a decentralized network, which is not controlled by any organization. In the report, the researcher calls Bittensor the Bitcoin of AI, saying that “What Bitcoin did for digital currency, Bittensor hopes to do for AI.”
While central AI projects and infrastructure are facing challenges from regulators around the world to manage their operations, users are beginning to migrate to other established methods. AI equipment.
The report said, “Access to artificial intelligence is becoming a key economic asset. Today, very few companies in the US and China are managing the most advanced AI systems. As AI technology continues to advance, governments and AI laboratories will play an important role in determining who can access these tools and under what circumstances.”
Bittensor Drops 3.91% Despite Recovery in Bitcoin Price
After Anthropic suspended its new models, Bittensor rose almost 30% in just 12 hours. At the time of this writing, TAO is trading around $263.67 after falling by 3.91% in the last 24 hours, according to CoinMarketCap price. The cryptocurrency currently has a market capitalization of about $2.9 billion, with a daily trading volume of more than $552 million.
TAO’s price hike comes at a time when the entire crypto market is going through a severe fall, with BTC falling below $60,000. However, Bitcoin showed signs of recovery on Monday. On June 15, BTC rose above $66,000 after the major development of the peace talks between the US and Iran. The news is expected to provide a major relief to the global energy market as it raises the prospect of reopening the Strait of Hormuz. “The entire agreement has been signed.” And the Strait has already been opened a little bit,” said the President of the United States Donald Trump.
Bittensor is expanding its services through the establishment of large organizations, and a large increase in the Internet. In June 2026, the network underwent a major overhaul, such as Spec 413 and version 3.4.1-413, which is expected to bring new changes to the network. It now has more than 128 subnets, and plans to double that to 256.
Bittensor has also partnered with BitGo, along with Yuma, to provide various services such as staking and TAO storage. Grayscale has also launched the Bittensor Trust and is investing in the Bittensor (TAO) ETF at the end of 2025.
On June 10, Ripple joined Mastercard’s Agent Pay for Machines (AP4M) program, which focuses on empowering AI agents to pay for themselves.
