Venture capitalist Jason Calacanis predicts a difficult year for Bitcoin, expecting its price to test the $57,000 low within the next 12 months. He argues that Bitcoin offers limited value beyond being a store of value and suggests investors shift their resources to AI-focused tokens like Bittensor (TAO), which he believes have greater growth potential. Despite Bittensor's recent struggles, Calacanis sees it as a promising investment compared to Bitcoin. This reflects a broader debate about the future value and utility of Bitcoin versus emerging technologies like AI.
As the debate continues over Bitcoin's future versus AI tokens, Bittensor (TAO) trades at Rp4.488.403 on Pluang as of Oct 27, 2026 19:05 WIB. Despite a 1.37% drop in the last day, TAO maintains strong interest with 95% of orders being buys and a typical hold time of 44 days. Its market cap stands at Rp52,2 trillion, showing significant capital flow into AI-focused assets amid ongoing investor shifts.
Angel investor Jason Calacanis advised Bitcoin holders to sell their holdings, predicting the price could fall back to $57,000 within the next year and stating Bitcoin may never reach its all-time high again. He called Bitcoin a "dead network" due to...
Bittensor's TAO token fell 5.54% within 24 hours to $258.04, coming close to a previously identified support range of $252-$255. This decline was sharper than Bitcoin's 3.41% drop to $81,313 in the same period. The token remains about $3 above the up...
