Bittensor and Remittix Make Key Announcements in Crypto

Bittensor has released the V461 upgrade, which introduces a new development to the TAO story. This upgrade focuses on how participants manage positions across the network, specifically around subnet assets with delegation and execution controls. The upgrade is currently live on testnet and has not yet reached mainnet.

The TAO holders will have a more capable market structure around the network's AI-focused subnets. However, whether this technical progress supports the token's price will depend on how users interact with the tools after the broader release and how much investment flows towards the ecosystem.

Remittix, on the other hand, has announced the launch of its RTX token on November 24. This is a significant milestone for the project, which has already seen over 40,000 participants enter its presale. The final stage of the presale has a price of $0.46, and the project is expected to debut its PayFi app for testing, allowing users to turn supported crypto into fiat received through compatible bank accounts.