Friction Finance narxiTAO

$TAO is attempting to stabilize after an extended decline. A sustained push higher could develop if momentum continues to build above the recent base. 📉 Technical View: • Pattern: Descending triangle transitioning into a potential base formation • Bias: Bullish continuation may emerge if buyers defend the rising short term structure • Key Level: 250–260 support zone with upside focus toward 300–320

$TAO Explained: The Decentralized AI Marketplace Let's break down a simple concept: Project: Bittensor Sector: Decentralized Artificial Intelligence (AI) What it does: Bittensor is a blockchain protocol that creates a decentralized marketplace for machine intelligence. Developers contribute AI models to specialized "subnets" to perform tasks like text generation or data analysis. These models are evaluated by the network, and the most useful ones are rewarded with TAO tokens, incentivizing open AI development. Why it matters: It aims to decentralize AI development, which is largely controlled by a few big tech companies. By creating a competitive, open market for AI, it could lead to more innovation and accessibility. A key recent event was its first-ever "halving" in December 2025, which cut the rate of new TAO token creation in half, introducing programmed scarcity similar to Bitcoin's model. Educational, not advice. #TAO #Bittensor #DeAI #ArtificialIntelligence #CryptoEducation

TAO price under this zone is like buying Bitcoin under $300, some analysts argue. Summary TAO trades in a clear daily downtrend, with price below short and medium EMAs and each bounce sold into. Momentum flips bearish as MACD rolls over and RSI trends lower, signaling sellers still control the tape. A reclaim of nearby resistance could open a higher range, but failure at support would expose TAO to deeper downside. TAO has sold off around 5–6% over the last 24 hours and is trading roughly in the mid‑$200s, while still up strongly on a year‑to‑date basis versus early‑2025 levels. Directionally, 24h looks bearish (short‑term correction), while YTD is still structurally bullish but clearly in a mid‑cycle drawdown. Buying $TAO under this zone is like buying $BTC under $300. pic.twitter.com/DeEbLBStvk— Hardy (@Degen_Hardy) December 14, 2025 TAO (TAO) cryptocurrency continued trading within a bearish structure on the daily chart, with recent price action showing sustained selling pressure and limited buying activity, according to technical analysis. TAO price heading to lower closes Spot price is around 250–265 USD, with a 24h change of about −5.5% to −8% depending on venue. Versus that starting point, current ~250–265 USD means TAO is now negative YTD versus the January open but still multiples above its 2023–early‑2024 base, so structurally it remains in a higher regime than the old cycle. Momentum indicators reflect weakening bullish pressure, according to chart data. The Moving Average Convergence Divergence (MACD) indicator shows a transition from recovery into renewed weakness, while the Relative Strength Index (RSI) has moved lower, indicating bearish dominance without reaching extreme oversold conditions. The asset faces immediate resistance near a short-term ceiling that previously provided support. A move above this level could allow the price to test a higher zone where selling pressure is expected to increase. A more significant shift would require a decisive break above broader structural resistance, which would indicate buyers are regaining control. If selling pressure continues, a nearby support cluster represents a critical area where buyers may attempt to stabilize the price. Failure to hold that level would weaken the technical outlook and expose the asset to further declines. Order book data shows large bid walls positioned below the current price, suggesting some market participants are prepared to defend lower levels. Substantial ask walls in the mid-range indicate heavy supply overhead. Clearing these sell orders would require increased momentum and volume. Long positions may be suited for short-term tactical setups rather than trend-following strategies while the broader structure remains bearish, according to market observers. Short-side strategies align with the prevailing trend, particularly on rallies into resistance, though volatility around key support zones remains a factor. The asset maintains a bearish bias on the daily chart, with trend and momentum indicators aligned to the downside. While temporary bounces are possible, the technical structure indicates sellers maintain control until the price can reclaim and hold key resistance levels. Bullish or bearish? Short term (24h): Bearish. Momentum is down, candles are corrective, you’re under recent local support; any “bullish” stance here is purely tactical (fade‑the‑dump scalps), not trend‑following. Year‑to‑date / cycle view? Cautiously bullish. TAO is still structurally tied to AI infra + halving‑driven scarcity, and sits far above legacy ranges, but it is in a mid‑cycle drawdown with clear downside risk if AI risk‑assets keep de‑rating.

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Morning Minute is a daily newsletter written by Tyler Warner . The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack . GM! Today’s top news: Crypto majors fall hard to start the week; BTC at $87,200 JPMorgan launches new tokenized money market fund on Ethereum Decrypt names Trump as Crypto Person of the Year The Senate punted the crypto market structure bill to 2026 MetaMask added native Bitcoin support with new in-wallet functionality 🏆 Decrypt Names Trump Its Crypto Person of the Year This one would’ve sounded insane just a few years ago. Decrypt just named Donald Trump itsCrypto Person of the Year. 📌 What Happened Decrypt crowned Trump as its top crypto figure of the year, pointing to how deeply crypto has been pulled into mainstream U.S. politics during his campaign and presidency. Under his administration, crypto went from being treated as a regulatory threat to something closer to a strategic asset. Stablecoins, Bitcoin mining, and market structure clarity all moved closer to the center of the policy conversation, even if the details are still being fought over. Decrypt argued that no individual did more in 2024–2025 to accelerate crypto’s political relevance. They also acknowledged some of the downsides of Trump’s crypto forays, including multiple NFT collections, meme coins and family-linked crypto business ventures. And they gave airtime to Trump’s critics, who brought up several concerns with the Trump crypto links including conflict-of-interest concerns, undermining founding principles, corruption and pay-for-play, industry favoritism and the broader partisan politicization of crypto. 🗣️ What Are They Saying “They’re trying to create a regulatory climate where you can scam whoever you want and nothing happens. None of that is really relevant to what we’re working on, or to Bitcoin.” “If you want to make a token, and as long as you let the Trump family invest in it, then I guess sure, you’ll be fine.” Alex Gladstein, HRF Chief Strategy Officer “Bitcoin aligns itself beautifully with liberalism, and liberalism is all about individual liberty, and civil rights, and freedom of expression. But now it’s associated with authoritarian-style politics, just because this bargain was made.” “I’m definitely not against the government adopting or getting involved with Bitcoin,” he said. “I just am more concerned with the damage that we’re doing to Bitcoin’s reputation among the public.” pseudonymous Bitcoin users Porteaux 🧠 Why It Matters It’s difficult to argue that Trump is not the single most impactful person to crypto over the past year. The difficulty comes in assessing whether that impact has been net positive or negative. On the positive side, Trump has opened America’s doors to crypto again just a few years after Operation Chokepoint 2.0 almost shut it down completely. He has set up task forces and ushered in the crypto regulatory era, building a foundation that will be hard to tear down. As an immediate impact, the ETF floodgates have opened, banks and TradFi are embracing crypto, stablecoin adoption is soaring, ICOs are back and builders are comfortable launching companies and products in the US again. Those are all big wins. But at what cost? On the negative side, Trump’s meme coin launch cast a shadow over his crypto legacy before it really even began. He set the tone right away that he would not be afraid to profit off of crypto. Since then, his sons have become entangled in several crypto companies and launched their own protocol, World Liberty Financial. Several crypto criminals have been pardoned, some of whom have made donations of some kind to Trump or his family’s projects in some capacity. And crypto has become more partisan than ever, almost to the point where one could make the statement that Trump equals crypto. So on one hand, crypto has been fully legitimized. But on the other, it has been delegitimized (or confirmed to be a sector to enrich scammers). My view? The positive outweighs the negative (though I admit there is a laundry list of negative actions and impacts from the Trump crypto regime). But overall I feel that fully opening America’s doors to crypto, inviting a welcoming regulatory environment and ushering in the mainstream crypto era is a bigger net win. Perhaps that’s the hopeless optimist in me. We won’t fully know the answer for several years to come. And in that time, certainly Trump’s impact on crypto will grow even larger. Let’s hope it’s for the positive… amp;lt;span data-mce-type="bookmark" style="width:0px;overflow:hidden;line-height:0" class="mce_SELRES_start"amp;gt;amp;lt;/spanamp;gt; 🌎 Macro Crypto and Memes A few Crypto and Web3 headlines that caught my eye: Crypto majorswere very redto start the week;BTC -3% at $87,200; ETH -6% at $2,950, BNB -2% at $868, SOL -3% at $128 XDC (+4%), CC (+3%) and SKY (+2%)led top movers JPMorganlauncheda tokenized money-market fund on Ethereum, using onchain rails to settle fund shares The Senatepuntedthe crypto market-structure markup to next year, delaying near-term progress on a major U.S. framework bill Coinbase and Robinhoodjoinedthe new U.S. ‘Tech Force’ aimed at recruiting top engineers to build AI infra for the government MetaMaskexpanded beyond Ethereumby adding native Bitcoin support, letting users buy, send, and receive BTC inside the wallet PayPalapplied for a bank charterin Utah as its next potential step into the traditional banking system Trumpsaid he would “look at” pardoningSamourai Wallet developer Keonne Rodriguez, directing the Attorney General to investigate the request ahead of his prison reporting date Grayscalearguedquantum computing was unlikely to move crypto valuations in 2026, while warning chains still needed long-term post-quantum upgrade planning Bittensor(TAO)completedits first halving event with issuance dropping from 7,200 tokens/day to 3,600 In Corporate Treasuries / ETFs Strategyadded ~$980M of Bitcoinfor a second straight week Bitmineboughtanother 102,259 ETH last week, now holding $13.2B in crypto cash Bitwisefiled an amendmentfor its Hyperliquid ETF, expected imminently In Memes / Onchain Movers Memecoin leadersare mostly red;DOGE -4%, Shiba -3%, PEPE -5%, PENGU -4%, BONK -4%, TRUMP -4%, SPX -7%, and FARTCOIN -5% PIPPINrallied 28% to $500M mc, though onchain analysis shows it is 80% bundled SAROS(+90%), RCN (+30%), ARC (+25%) and SWARMS (+23%) led onchain Solana movers 💰 Token, Airdrop Protocol Tracker Here’s a rundown of major token, protocol and airdrop news from the day: Circleannouncedthe acquisition of the Interop Labs team but that their product the Axelar Network and its AXL token would not be acquired Yeetkicked offBig Moments 3: XMAS Joyride with a new format and big prizes Sports dot Funshared new detailsfor their ICO starting today, looking to raise $3M at $60M fdv across Legion and Kraken Ondoannouncedtokenized stocks and ETFs are coming to Solana Kalshiintroducedprediction combos as their version of parlays 🚚 What is happening in NFTs? Here is the list of other notable headlines from the day in NFTs: NFT leaderswere mixed; Punks -2% at 27.2 ETH, Pudgy +2% at 4.55, BAYC +2% at 4.85 ETH; Hypurr’s -5% at 469 HYPE Veefriends(+23%) and Kodas (+12%) were notable movers OpenSeaswept $1M in NFTsas rewards for their latest farming season Quirkieswill launchan NFT Strategy token today via TokenWorks

With $TAO drawing increased attention and liquidity across the market, it’s a reminder that narrative-driven momentum often creates secondary opportunities beyond just price action. While many eyes remain fixed on trending assets, there’s value in scanning the broader landscape for setups that reward timing and structure rather than hype. In that context, I noticed an interesting opening in the ongoing Bitget Trading Club Championship (Phase 21). With the right execution, it’s possible to aim for a 200 BGB reward (around 720 USDT) within a short window, using approximately 15,000 USDT in $ZETA trading volume. I’m testing the approach to see how it plays out—if you think you can execute it more efficiently, feel free to step up and compare results.