Latest news with #InternetComputer


Forbes
5 days ago
- Business
- Forbes
Top 10 Artificial Intelligence (AI) Cryptocurrencies
The term AI cryptocurrency is a bit misleading. AI cryptocurrencies are just tokens users spend to consume services on AI-focused blockchain platforms. For example, you might spend a certain number of tokens to use a crypto project's pooled resource of computing power. The following are the top 10 AI crypto projects based on their market capitalisation (according to CoinMarketCap on 25 June, 2025), and what each of them does. 1. Bittensor (TAO) Market cap: $US2.9 billion Bittensor is a peer-to-peer marketplace for machine intelligence, enabling AI models to pool their intelligence to create a 'digital hive mind.' Users spend TAO to consume Bittensor services. As of June 25, 2025, TAO trades at $US335.65, down from its September 2024 peak of $US714.30. 2. NEAR Protocol (NEAR) Market cap: $US2.6 billion NEAR Protocol claims it is creating a user-owned internet that guarantees privacy and ownership of data for its users. NEAR's transaction fees are paid in NEAR tokens. As of June 25, 2025, NEAR traded at $US2.14, down from its peak of $US18.07 in December 2022. 3. Internet Computer (ICP) Market cap: $US2.6 billion Internet Computer's big idea is a decentralised internet. Instead of websites and apps being hosted on servers owned by giants like Google and Amazon, websites built on ICP would have no fixed home, and would move between independently owned servers. Users spend ICP tokens to keep their sites online. As of June 25, 2025, ICP trades at $US4.89, down from its November 2021 peak of $US428. 4. Render (RNDR) Market cap: $US1.6 billion Render Network provides artists with computer rendering resources for creating 3D graphics and animations. Users spend RNDR tokens to consume services on Render. RNDR traded at $US3.21 as of July 25, 2025, down from its peak of $US11.87 in March 2024. 5. Artificial Intelligence Alliance (FET) Market cap: $US1.5 billion Artificial Intelligence Alliance is a cooperative project between SingularityNET and Ocean Protocol. The project aims to create a decentralised AI ecosystem and a universal AI token (ASI). As of June 25, 2025, FET was valued at $US0.66, down from its March 2024 peak of $US3.47. 6. Filecoin (FIL) Market cap: $US1.5 billion Filecoin is a peer-to-peer, decentralised file storage system. Users spend FIL tokens to store, retrieve and host digital information on the network. As of June 25, 2025, FIL was valued at $US2.27, down from its April 2021 peak of $US191.15. 7. Injective (INJ) Market cap: $US1.1 billion Injective is a blockchain project focused on decentralised apps (dApps) in the decentralised finance (DeFi) space. INJ is its native token, and users spend it to consume Injective services and vote on its governance (more tokens means more votes). As of June 25, 2025, INJ was valued at $US11.39, down from its March 2024 peak of $US52.04. 8. Virtuals Protocol (VIRTUAL) Market cap: $US1 billion Virtuals Protocol is all about AI agents (read: bots) operating within decentralised networks—effectively allowing bots to hold assets and execute transactions. The network is powered by the VIRTUAL token. As of June 25, 2025, VIRTUAL was valued at $US1.54, down from its January 2025 peak of $US5.07. 9. Story (IP) Market cap: $US872 million Story is a blockchain project concerned with tokenising creative works such as art and music so that they can be licensed and monetised. As of June 25, 2025, IP trades at $US3, down from its February 2025 peak of $US7.11. 10. The Graph (GRT) Market cap: $US823 million The Graph is a protocol for indexing and querying data from blockchains in a similar way that Google indexes and queries data from Graph's native, Ethereum-based token GRT trades at $US0.08 as of June 25, 2025, down from its February 2021 peak of $US2.34.
Yahoo
17-06-2025
- Business
- Yahoo
AI tokens rally after Elon Musk's $4.3B fundraiser
AI tokens rally after Elon Musk's $4.3B fundraiser originally appeared on TheStreet. Elon Musk's artificial intelligence firm xAI is holding talks to raise $4.3 billion in equity on top of the $5 billion it has been trying to borrow from debt investors, Bloomberg reported on June 17. As reported earlier, xAI acquired X, formerly Twitter, which is one of the leading platforms for crypto-related discussions. xAI, the company behind the AI chatbot Grok, partially needs new funds because it has already spent most of what it previously raised, the report mentions. The AI startup raised $14 billion in equity between its foundation in March 2023 and the launch of the debt sale in 2025. However, it is left with only $4 billion on its balance sheet, as of March 31, the report mentions. The AI tokens responded positively to the latest announcement. TAO, the AI token powering the decentralized ML network called Bittensor, rose 1.28% in an hour to $356.68 at press time. NEAR, a prominent AI token, rose 0.59% to $2.21. ICP, the token powering decentralized AI solutions at the Internet Computer protocol, rose 0.49% to $5.29. RENDER, the AI token powering the decentralized GPU rendering platform, rose 1.05% to $3.35. FET, the AI token behind the Artificial Intelligence Alliance consortium, also rose 1.24% to $0.6787. FIL, the token supporting the internet infrastructure behind decentralized AI, rose 0.63% to $2.43. VIRTUAL, the token behind AI agent-enabling Virtuals Protocol, rose 0.9% to $1.79. INJ, the token lying at the intersection of AI and DeFi at the Injective protocol, rose 1.16% to $11.47. The AI tokens market cap stood at $26 billion at the time of writing. AI tokens rally after Elon Musk's $4.3B fundraiser first appeared on TheStreet on Jun 17, 2025 This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
AI tokens rally after Elon Musk's $4.3B fundraiser
AI tokens rally after Elon Musk's $4.3B fundraiser originally appeared on TheStreet. Elon Musk's artificial intelligence firm xAI is holding talks to raise $4.3 billion in equity on top of the $5 billion it has been trying to borrow from debt investors, Bloomberg reported on June 17. As reported earlier, xAI acquired X, formerly Twitter, which is one of the leading platforms for crypto-related discussions. xAI, the company behind the AI chatbot Grok, partially needs new funds because it has already spent most of what it previously raised, the report mentions. The AI startup raised $14 billion in equity between its foundation in March 2023 and the launch of the debt sale in 2025. However, it is left with only $4 billion on its balance sheet, as of March 31, the report mentions. The AI tokens responded positively to the latest announcement. TAO, the AI token powering the decentralized ML network called Bittensor, rose 1.28% in an hour to $356.68 at press time. NEAR, a prominent AI token, rose 0.59% to $2.21. ICP, the token powering decentralized AI solutions at the Internet Computer protocol, rose 0.49% to $5.29. RENDER, the AI token powering the decentralized GPU rendering platform, rose 1.05% to $3.35. FET, the AI token behind the Artificial Intelligence Alliance consortium, also rose 1.24% to $0.6787. FIL, the token supporting the internet infrastructure behind decentralized AI, rose 0.63% to $2.43. VIRTUAL, the token behind AI agent-enabling Virtuals Protocol, rose 0.9% to $1.79. INJ, the token lying at the intersection of AI and DeFi at the Injective protocol, rose 1.16% to $11.47. The AI tokens market cap stood at $26 billion at the time of writing. AI tokens rally after Elon Musk's $4.3B fundraiser first appeared on TheStreet on Jun 17, 2025 This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared.


Mint
09-06-2025
- Business
- Mint
Bitcoin price today: Token above 1,05,700 levels, crypto market in green — latest updates
Bitcoin, the world's largest cryptocurrency is in the green today, up 0.11 per cent over the past 24 hours to $1,05,723.29, according to data on CoinMarketCap. Further, Bitcoin's market capitalisation is at $2.1 trillion, up 0.21 per cent over the past 24 hours, while its trade volume for the period was down 0.81 per cent to $37.73 billion, the data showed. Bitcoin dominance in the crypto market space is at 63.7 per cent, the data showed, adding that community sentiment on CoinMarketCap showed that 82 per cent are bullish on the token. The cryptocurrency market cap on June 9 is at $3.29 trillion – up 0.19 per cent compared to last close, with 24-hour trade volume of $91.36 billion — also up 6.76 per cent. Further, the second largest crypto, Ethereum was down by 0.74 per cent to $2,496.86, but still within the $2,400 range. Its market cap is at $301.5 billion, also down 0.89 per cent, while trading volumes rose 8.31 per cent to $12.41 billion. Dominance of Ethereum is at 9.2 per cent of the crypto market. The US Dollar linked stablecoin, Tether is in the green, at $1, with market cap of $154.84 billion (up 0.01 per cent), and trading volume of $58.99 billion (up 8.38 per cent), CoinMarketCap data showed. Further, Donald Trump's favoured crypto network token Solana is also in the green, up 1.06 per cent to $151.79, with market cap of $79.66 billion (up 1.09 per cent), and trade volume of $2.01 billion (up 8.22 per cent), over the past 24 hours, it added. The top gainers according to CoinMarketCap are tokens Kaia (up 13.25 per cent), followed by Internet Computer (up 6.01 per cent), AB (up 4.94 per cent), Raydium (up 4.06 per cent), and SPX6900 (up 4.01 per cent). The top losers according to CoinMarketCap are DEXE logo (down 8.81 per cent), followed by Stacks (down 3.75 per cent), Artificial Superintelligence Alliance (down 3.68 per cent), Optimism (down 3.01 per cent), and Kaspa (-2.48 per cent).
Yahoo
29-05-2025
- Business
- Yahoo
Nvidia's Earnings Beat May Help AI-Linked Tokens
Shares of Nvidia (NVDA) rose roughly 4% in post-trading hours after reporting better-than-expected earnings and revenue on Wednesday. The AI powerhouse posted a 69% increase in revenue in the first quarter, compared to a year ago, with its data center business growing 73% year-over-year. Net income came in at $18.8 billion, up 26% from a year earlier. The after-hours move pushed NVDA shares to a modest year-to-date gain and about a 20% year-over-year advance. AI crypto tokens, including Bittensor TAO, NEAR Protocol NEAR and Internet Computer (CIP), moved slightly higher after Nvidia's earnings beat, although remained sizably lower for the day. Nevertheless, it was ongoing AI demand which was a key driver in the 73% growth in the company data center business. Turning to the outlook amid recent global trade uncertainties, Nvidia said it expects second-quarter revenue to come in below market estimates as a result of tariff-related restrictions between the U.S. and China. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data