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CRYPTO

Investor who called for AI pivot in 2023 says bitcoin is going to $57,000

CoinDeskTuesday, October 27, 2026 at 10:57 AM

RedScroll Brief

Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Image via CoinDesk

Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor. Watch liquidity and volatility around Bitcoin and Investor — crypto markets reprice narrative risk quickly.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Investor who called for AI pivot in 2023 says bitcoin is going to $57,000

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Investor — crypto markets reprice narrative risk quickly.

More on

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.