Bittensor TAO fell 38% after Covenant AI’s exit, yet Grayscale made its largest single-asset reallocation ever. Here’s what that tells you about what’s coming. Covenant AI didn’t just leave Bittensor quietly. The team behind Subnet 3 sold roughly $10 million worth of TAO and alpha tokens before publicly accusing co-founder Const of running what they … Continue reading TAO Dropped 38%. Grayscale Just Made Its Biggest Bet Ever