Bittensor subnet Templar completed pretraining of Covenant-72B, a decentralized language model with 72 billion parameters, on March 10th. The model demonstrated excellent performance on MMLU tests, surpassing multiple centralized baseline models. The project attracted collaboration from over 70 nodes, with all weights and checkpoints released under the Apache License. Following this news, Bittensor and its token experienced broad gains.

Gate News Update: On March 16, according to Gate's market data, as of the time of publication, TAO (Bittensor) is trading at 276.85 USD, up 7.25% in the past 24 hours, with a high of 291.45 USD and a low of 193.37 USD. The 24-hour trading volume reached 668 million USD. The current market cap is approximately 2.982 billion USD, an increase of 201 million USD compared to yesterday. ## Recent Important Updates on TAO: 1️⃣ **Positive Technical Signals Emerging in the Market** Technical analysis indicates that TAO's price is forming an Adam-Eve pattern, which typically signals the formation of an uptrend. Analysts have observed that this technical pattern could help push TAO's price above 270 USD, which aligns with current price performance. The

On March 15th, 10x Research's quantitative model issued a strong altcoin buy signal, with Bittensor (TAO) standing out, maintaining prices above moving averages with gains of 38.6%. Meanwhile, NVIDIA launched an open-source AI platform, General Tensor secured $5 million in funding, and AI token trading volumes surged.

Gate News: On March 13, according to Gate's market data, as of press time, TAO (Bittensor) is trading at $222.41, up 10.65% in the last 24 hours. The highest touched $222.77 and the lowest fell back to $172.96, with a 24-hour trading volume reaching $240 million. The current market cap is approximately $2.393 billion, an increase of $230 million from yesterday. ## Recent Important News for TAO: 1️⃣ **Clear Signs of Institutional Investor Positioning** Since entering March, the market has shown a phenomenon of investors continuously accumulating TAO. This active position-building behavior typically reflects positive expectations from market participants regarding subsequent price movements, providing fundamental support for recent price increases. 2️⃣ **Ecosystem Application Expansion Enhances Long-term Expectations** T

Nvidia plans to launch the open-source AI agent platform NemoClaw, driving the rise of AI-related crypto assets. Several AI tokens have performed well, with an overall increase of approximately 4.8%. NemoClaw will assist companies in developing intelligent agents, integrating security and privacy tools, and is expected to further promote collaboration at the upcoming developer conference.