Crypto

Bitcoin bottom seen in late 2026, early 2027 if headwinds mount

Bitcoin is likely to form the low of the current market cycle in the fourth quarter of 2026, according to assessments based on post-halving patterns and on-chain data. Some analysts see October to December as the most likely window, with a projected range of $50,000 to $55,000. The view assumes macroeconomic conditions do not deteriorate sharply. A deeper recession or tougher regulation could delay a bottom into the first quarter of 2027, while strong inflows via spot ETFs could bring it earlier.

AI & Enterprise

AI cannot replace all corporate work, economist says, citing costs

Steve Hanke, an applied economics professor at Johns Hopkins University, criticised optimism that AI will spread at near-zero cost and said it cannot replace all human jobs. He said AI requires large amounts of electricity, water and physical capital such as graphics chips. Big tech firms expect about $700 billion in combined capital spending this year for data centres. Hanke said AI’s impact will depend on how much scarce resources cost.