Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap. Technological deflation driven by artificial intelligence could help push Bitcoin above $10 million within a decade by pressuring central banks to keep expanding the money supply, according to a report from Strive strategist Joe Burnett. Burnett, Strive’s vice president of Bitcoin strategy, said in a report published Monday that faster productivity gains from AI will push down prices across goods and services, squeezing margins and prompting policymakers to respond with sustained monetary expansion. His “base case” calls for Bitcoin (BTC) to reach $11 million in the first quarter of 2036, he wrote. The forecast rests on a set of aggressive assumptions, including that Bitcoin would grow to about 12% of the value of global financial assets and that global wealth would compound at 7% annually through 2036. With Bitcoin currently accounting for about 0.2% of al...
Ether needed to hold a key support recently established at $1,800, coinciding with the lower trend line of a classic chart pattern that warns of a drop below $1,500. Ether’s (ETH) rally stalled late Monday just above $2,000 due to stiff overhead resistance, as the technical setup suggested that downward momentum would increase if the ETH/USD pair breaks below $1,800. Key takeaways: ETH price must hold above $1,800 to avoid another leg down. Read more
В течение четырех лет полномасштабной войны погибли сотни взрослых и детей из Днепропетровской области, в частности, Кривого Рога. Тысячи были ранены.Об Подробнее
The move follows a 52.58% Snapshot vote on a $42.5 million funding package for Aave Labs, now headed to the ARFC stage before any binding onchain decision. The Aave Chan Initiative (ACI), a major governance delegate and service provider within the Aave ecosystem, said it will not renew its engagement with the Aave DAO and plans to wind down over the next four months. In a statement on Tuesday, ACI founder Marc Zeller said the organization would continue governance activity and complete outstanding commitments before transferring its infrastructure and responsibilities to the DAO or successor providers. “The Aave Chan Initiative was built for Aave. Without a future in the Aave ecosystem, the name no longer applies. ACI will wrap up as our obligations conclude,” Zeller wrote. Read more