Latest news with #ArthurHayes
Yahoo
6 days ago
- Business
- Yahoo
Prediction: Bitcoin Will Hit $1 Million During the Trump Presidency (But It Won't Happen the Way You Think)
Bitcoin could hit a price of $1 million by 2028, according to crypto entrepreneur Arthur Hayes. While pro-Bitcoin initiatives from the government get all the attention, crypto investors should also keep their eye on factors impacting the U.S economy. Fiscal and monetary policies embraced by the U.S. government could lead to money flowing into Bitcoin at a rapid pace over the next three years. 10 stocks we like better than Bitcoin › Now that Bitcoin (CRYPTO: BTC) has hit the $100,000 price level, the future looks very bright indeed. Some forecasts now call for Bitcoin to hit a target price of $1 million within the next decade. But it may not take a full decade for Bitcoin to hit the $1 million mark. At the recent Bitcoin 2025 conference in Las Vegas, Arthur Hayes, the billionaire co-founder of cryptocurrency exchange BitMEX, outlined a potential scenario by which Bitcoin could hit a price of $1 million as early as 2028. So is he right? There are a number of different ways to come up with a price of $1 million for Bitcoin. One popular approach is to look at current Bitcoin adoption rates around the world and then extrapolate how fast Bitcoin could grow over the next decade. The more use cases you can find for Bitcoin, and the faster that Bitcoin grows, the higher the price target becomes. That's how Cathie Wood of Ark Invest came up with her original $1 million price target for Bitcoin. Or, you could choose to compare Bitcoin to a specific asset and then assume that the valuation gap between Bitcoin and that asset will narrow over time. Right now, the asset that everyone is using for comparison is physical gold, which has an approximate market valuation of $20 trillion. If Bitcoin grows from a $2 trillion asset into a $20 trillion asset, that would imply a 10x return on investment. Given Bitcoin's current price of $100,000, that leads to a future price target of $1 million. But there's a third way to value Bitcoin, and it focuses on how specific government fiscal and monetary policies can impact the crypto market. This is the approach that Hayes uses in his Bitcoin 2025 presentation. He thinks that the U.S. government could inject nearly $9 trillion of liquidity into the economy over the next three years. That's significantly more than the $4 trillion that the U.S. government injected into the economy during the COVID pandemic. When that happened in 2020 and 2021, the price of Bitcoin soared from $7,000 to $70,000 for a 10x return on investment. Could that happen again? If the same scenario repeats, then Bitcoin might soar from $100,000 to $1 million. So why would the U.S. government want to inject $9 trillion into the economy? Well, it comes down to the difficult macroeconomic problems facing the U.S. government. There are massive trade deficits with trading partners around the world. There are massive fiscal deficits, with no end in sight to government spending. And there are warning signs of recession and inflation everywhere. In many ways, 2025 has been a crash course study on how hard it is to solve those problems. For example, if you try to bring down government spending with DOGE cost-cutting programs, you risk a public backlash. If you try to bring down trade deficits using tariffs, you face a global investor backlash. In the scenario envisioned by Hayes, the U.S. government is going to find it harder and harder to find buyers for its debt. It can't offer higher interest rates on that debt to attract buyers because the cost of debt service is already staggeringly high. So it will have to resort to more and more creative measures. One of these, says Hayes, is a potential change to how banks can buy U.S. government debt. This could lead to a "bank bond-buying bonanza." At the same time, if tariffs lead to economic pain for everyday Americans, then the U.S. government will be forced to do something -- anything! -- to reduce some of this pain. Once mid-term elections roll around in 2026, the pressure will intensify. As longtime Bitcoin investors will tell you, this always leads to the same solution: printing more money. Many people assume that the path to $1 million for Bitcoin is paved with all of the new pro-crypto policies being rolled out by the Trump administration. They assume that the creation of the Strategic Bitcoin Reserve will lead to significant government buying of Bitcoin, thereby pushing up its price over time. They assume that new crypto legislation, combined with a hands-off approach to crypto regulation, will be enough to juice the price of Bitcoin. However, if Bitcoin is going to hit $1 million during the Trump presidency, it will likely require quite a bit of economic pain along the way. It might even require global investors to lose faith in the U.S. economy. All of this is very bad for America, of course. But, at the same time, it could be very good for Bitcoin if it leads to new investor inflows into crypto. So be careful what you wish for. Bitcoin may reach $1 million, but it won't happen the way you think. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Prediction: Bitcoin Will Hit $1 Million During the Trump Presidency (But It Won't Happen the Way You Think) was originally published by The Motley Fool
Yahoo
6 days ago
- Business
- Yahoo
Prediction: Bitcoin Will Hit $1 Million During the Trump Presidency (But It Won't Happen the Way You Think)
Bitcoin could hit a price of $1 million by 2028, according to crypto entrepreneur Arthur Hayes. While pro-Bitcoin initiatives from the government get all the attention, crypto investors should also keep their eye on factors impacting the U.S economy. Fiscal and monetary policies embraced by the U.S. government could lead to money flowing into Bitcoin at a rapid pace over the next three years. 10 stocks we like better than Bitcoin › Now that Bitcoin (CRYPTO: BTC) has hit the $100,000 price level, the future looks very bright indeed. Some forecasts now call for Bitcoin to hit a target price of $1 million within the next decade. But it may not take a full decade for Bitcoin to hit the $1 million mark. At the recent Bitcoin 2025 conference in Las Vegas, Arthur Hayes, the billionaire co-founder of cryptocurrency exchange BitMEX, outlined a potential scenario by which Bitcoin could hit a price of $1 million as early as 2028. So is he right? There are a number of different ways to come up with a price of $1 million for Bitcoin. One popular approach is to look at current Bitcoin adoption rates around the world and then extrapolate how fast Bitcoin could grow over the next decade. The more use cases you can find for Bitcoin, and the faster that Bitcoin grows, the higher the price target becomes. That's how Cathie Wood of Ark Invest came up with her original $1 million price target for Bitcoin. Or, you could choose to compare Bitcoin to a specific asset and then assume that the valuation gap between Bitcoin and that asset will narrow over time. Right now, the asset that everyone is using for comparison is physical gold, which has an approximate market valuation of $20 trillion. If Bitcoin grows from a $2 trillion asset into a $20 trillion asset, that would imply a 10x return on investment. Given Bitcoin's current price of $100,000, that leads to a future price target of $1 million. But there's a third way to value Bitcoin, and it focuses on how specific government fiscal and monetary policies can impact the crypto market. This is the approach that Hayes uses in his Bitcoin 2025 presentation. He thinks that the U.S. government could inject nearly $9 trillion of liquidity into the economy over the next three years. That's significantly more than the $4 trillion that the U.S. government injected into the economy during the COVID pandemic. When that happened in 2020 and 2021, the price of Bitcoin soared from $7,000 to $70,000 for a 10x return on investment. Could that happen again? If the same scenario repeats, then Bitcoin might soar from $100,000 to $1 million. So why would the U.S. government want to inject $9 trillion into the economy? Well, it comes down to the difficult macroeconomic problems facing the U.S. government. There are massive trade deficits with trading partners around the world. There are massive fiscal deficits, with no end in sight to government spending. And there are warning signs of recession and inflation everywhere. In many ways, 2025 has been a crash course study on how hard it is to solve those problems. For example, if you try to bring down government spending with DOGE cost-cutting programs, you risk a public backlash. If you try to bring down trade deficits using tariffs, you face a global investor backlash. In the scenario envisioned by Hayes, the U.S. government is going to find it harder and harder to find buyers for its debt. It can't offer higher interest rates on that debt to attract buyers because the cost of debt service is already staggeringly high. So it will have to resort to more and more creative measures. One of these, says Hayes, is a potential change to how banks can buy U.S. government debt. This could lead to a "bank bond-buying bonanza." At the same time, if tariffs lead to economic pain for everyday Americans, then the U.S. government will be forced to do something -- anything! -- to reduce some of this pain. Once mid-term elections roll around in 2026, the pressure will intensify. As longtime Bitcoin investors will tell you, this always leads to the same solution: printing more money. Many people assume that the path to $1 million for Bitcoin is paved with all of the new pro-crypto policies being rolled out by the Trump administration. They assume that the creation of the Strategic Bitcoin Reserve will lead to significant government buying of Bitcoin, thereby pushing up its price over time. They assume that new crypto legislation, combined with a hands-off approach to crypto regulation, will be enough to juice the price of Bitcoin. However, if Bitcoin is going to hit $1 million during the Trump presidency, it will likely require quite a bit of economic pain along the way. It might even require global investors to lose faith in the U.S. economy. All of this is very bad for America, of course. But, at the same time, it could be very good for Bitcoin if it leads to new investor inflows into crypto. So be careful what you wish for. Bitcoin may reach $1 million, but it won't happen the way you think. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Prediction: Bitcoin Will Hit $1 Million During the Trump Presidency (But It Won't Happen the Way You Think) was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
23-05-2025
- Business
- Forbes
Bitcoin To $1 Million By 2028? Arthur Hayes Says It's Inevitable.
'Bitcoin will reach $1 million between now and 2028,' says Arthur Hayes to me without hesitation in an interview on the sidelines of Token2049 in Dubai. He believes it's a matter of inevitability. Image of Arthur Hayes Arthur Hayes Arthur Hayes, the outspoken co-founder and former CEO of BitMEX, is no stranger to volatility, be it in markets or in politics. But when he predicts that Bitcoin will hit $1 million by 2028, it is a macroeconomic thesis grounded in decades of monetary policy missteps, geopolitical recalibration, and the slow-motion collapse of the fiat system born in 1971. Hayes sees Bitcoin's price action as a structural response to the erosion of financial sovereignty. When the U.S. decoupled the dollar from gold in 1971, it created a global financial system reliant on credit issuance, massive debt accumulation, and central bank intervention. 'The people who benefited the most are those who issue credit - commercial banks,' Hayes explains. 'And anyone who challenges their dominance tends to fall afoul of regulators.' From his perspective, Bitcoin's rise is not a random fluke, it's a very clear reaction. A decentralized, scarce, programmable asset stands in stark contrast to the highly centralized, inflationary fiat model. Hayes is less impressed by politicians claiming to embrace Bitcoin, especially when it is there to serve a populist narrative. Take President Trump's Executive order on the Bitcoin Strategic Reserve, while the move grabbed headlines and delighted many in the Bitcoin and crypto community, Hayes remains sceptical. 'Governments buy assets for political reasons and sell them for political reasons,' he warns. 'Why tether your financial future to the whim of politics?' He doesn't see this as actual adoption, but only as a tactical appeal to voters disillusioned by deindustrialization, wage stagnation, and the rise of big finance. Still, the political interest in Bitcoin, no matter how superficial, signals a shift in how governments perceive the role of digital assets in a post-dollar world. In the short term, Hayes argues that stablecoins, particularly USD-backed ones like USDT, will see greater real-world adoption, especially in regions with limited banking access. 'People want dollars, not volatility,' he notes, citing the Middle East, as a major growth market for stablecoins. Afterall, the Arab region's population is only approximately 40% banked according to the ESCWA Annual SDG Review 2025. But that doesn't mean Bitcoin loses its edge in the stablecoin game. Quite the opposite. Hayes predicts Bitcoin dominance will rise to 70% just before we will see unprecedented price action to $1 million. At the heart of Hayes' forecast is one simple principle: the fiat system must inflate or collapse. Either path fuels Bitcoin's rise. 'The amount of money that will need to be printed just to maintain the current economic structure is staggering,' he explains. 'That's what's going to propel Bitcoin.' Whether or not governments buy Bitcoin is secondary. Their policies of debt expansion, currency debasement, and geopolitical fragmentation will drive more capital into decentralized stores of value. In other words, Bitcoin doesn't need the Government's buy-in or permission to win. We just let governments do their thing, and this leads to Bitcoin winning. Hayes' prediction of $1 million isn't rooted in hype. It's based on deep scepticism about the longevity of the current financial order and belief that a decentralized alternative is not only possible but necessary. 'This isn't just about crypto,' Hayes concludes. 'It's about dismantling a system that no longer works and building something better.' Whether Bitcoin reaches $1 million by 2028 remains to be seen. But the conditions that could make it happen are already here.
Yahoo
20-05-2025
- Business
- Yahoo
Arthur Hayes says Bitcoin could hit $1M before Trump leaves office
Crypto veteran Arthur Hayes has big hopes for Bitcoin's price. In an interview with Fortune, the BitMEX co-founder stated that increasing U.S. borrowing requirements will help make the dollar more liquid, making Bitcoin bullish. This is why Hayes believes Bitcoin price could reach 1 million before Donald Trump leaves office in 2028. At press time Bitcoin is sitting at $104,892.92, up only 1% in the last 24 hours, as per Kraken. In the Q&A, Hayes also discussed the Ethereum and altcoin markets and his surprise 20% allocation to gold. According to the report, he issued dire warnings about the United States' ballooning debt. Hayes explained that the Treasury has been draining its "checking account" (the Treasury General Account, or TGA) and using "Extraordinary Measures"—underfunded programs—to avoid borrowing limits, causing the TGA to fall from $750 billion to $450 billion this quarter. He points out that $300 billion was spent without incurring new debt, implying that the actual borrowing far exceeded official figures. "The U.S. government has to borrow more money than we think," Hayes said, citing Bessent's expected debt-issuance plans. "That means more dollars floating around and I believe that's positive for liquidity in the market." Hayes believes that government spending and buybacks will dump cash into the economy, generating a surplus of capital, which will seek yield, which works in favor of risk assets, such as Bitcoin. He thinks this liquidity dynamic is on the market now, with April 9 as a local low for Bitcoin. Hayes has gained a reputation for his audacious macroscopic trends, so it is no surprise he has long correlated Bitcoin's fate with global monetary policy. With Trump back in the White House and dovish fiscal signals from Washington, DC, he says the viability of Bitcoin hitting 1 million in 2028 is "a matter of when, not if." Sign in to access your portfolio
Globe and Mail
19-05-2025
- Business
- Globe and Mail
This is Why Bitcoin Could Rally to $150,000 this Year
Nearing record highs, Bitcoin just hit $102,819 – a peak it hasn't seen since early February. All thanks to bets on Federal Reserve rate cuts, institutional inflows and easing trade tensions between the U.S. and the U.K. Not only is that great news for cryptocurrencies, but also for companies that are diversifying with cryptocurrencies, such as Nuvve Holding Corp. (NASDAQ: NVVE), Block Inc. (NYSE: XYZ), Strategy (NASDAQ: MSTR) Upexi Inc. (NASDAQ: UPXI) and Riot Platforms (NASDAQ: RIOT) are benefiting. Helping, BitMEX co-founder Arthur Hayes says Bitcoin could soar to $150,000 by the end of 2025. In fact, according to Hayes, as quoted by 'We're entering a perfect storm for a Bitcoin rally. The macroeconomic environment is pushing the Fed towards more dovish policies, and that means more dollars entering the system. That's fuel for Bitcoin.' In addition, 'It's not just about Bitcoin anymore,' he added. 'Once the money printer turns on, everything from ETH to SOL benefits.' Again, that's a significant catalyst for cryptocurrencies, and companies diversifying with it. Look at Nuvve (NASDAQ: NVVE), For Example Nuvve Holding Corp., a global leader in vehicle-to-grid (V2G) technology and grid modernization, today announced it has engaged multiple leading digital asset advisory consultants, to accelerate the growth of its newly formed subsidiary, Nuvve-DigitalAssets. The consultants will advise Nuvve on the strategic development of its digital asset portfolio, providing expertise in token selection, decentralized infrastructure opportunities, risk management, and regulatory alignment. Their role will be central to building a sophisticated, high-growth digital treasury as part of Nuvve's broader plan to create long-term shareholder value through blockchain innovation. 'This is a core strategic initiative requiring focus and expertise,' said Gregory Poilasne, CEO and co-founder of Nuvve. 'The selection of these consultants ensures that Nuvve-DigitalAssets is built on insight, discipline, and conviction. This is how we win in the next era of finance.' The engagement comes on the heels of Nuvve's recent launch of Nuvve-DigitalAssets, a wholly owned subsidiary created to capitalize on opportunities across the cryptocurrency and blockchain economy. The subsidiary's investment strategy will focus on the foundational assets of the next-generation financial system. While we acknowledge the importance of Bitcoin, Solana, and Ethereum, the subsidiary will target multiple picks-and-shovels tokens from high-growth sectors such as decentralized finance (DeFi), decentralized physical infrastructure (DePin), programming, and the tokenization of real-world assets (RWAs). To ensure strong oversight and execution, Nuvve is forming a Digital Asset Management Portfolio Committee to govern investment decisions. The committee will be chaired by James Altucher, a renowned crypto investor and early Bitcoin advocate; with the support of Tim Collins, veteran financial commentator, known for his deep insights into public markets and crypto asset dynamics, as well as Gregory Poilasne, Nuvve CEO. 'The companies that thrive in this new economy will be the ones who understand where finance is going and have the courage to move early,' said Altucher. 'Nuvve is doing both with the right team and a clear strategy.' 'I've followed disruptive financial trends for decades,' added Collins. 'The convergence of blockchain, decentralized markets, and traditional financial systems isn't years away, it's happening now. I look forward to guiding this strategy at a company with the courage to lead.' Nuvve will maintain transparency with shareholders through regular updates on digital asset holdings and allocation strategy via the Nuvve-DigitalAssets platform. The company's entry into the crypto economy is not just about diversification; it's about long-term leadership at the intersection of clean energy and digital finance. Other related developments from around the markets include: Strategy, the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announced it will report its financial results for the first quarter of 2025 after the U.S. financial markets close on Thursday, May 1, 2025 and will host a live Video Webinar at 5:00 p.m. Eastern Time to discuss the results. A live Video Webinar of the event can be accessed under the 'Events and Presentations' section of Strategy's investor relations website at Block Inc. announced new Square Banking tools that give sellers instant access to their cash flow and free, easier ways to manage their earnings. Today, business owners can conveniently sign up for a Square payments account and a free Square Checking¹ account in just minutes through one streamlined application—right on Square's website and point of sale app. In addition, Square Savings accounts now feature new personalized savings recommendations, informed by cash flow data and industry insights, to make it easy for sellers to organize their funds into folders for key expenses like taxes and supplies. "I use Square for banking, and it has really revolutionized my business organization,' said Emily Yates, founder and owner of Flower Friends SF. 'I'm able to see everything including my transactions and how much I'm spending per project. Before Square I was not doing that, and it was really challenging.' Upexi, a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, is today detailing the expansion plans of its treasury strategy to focus on Solana (SOL) tokens after successfully closing on a $100 million private placement led by crypto trading firm GSR and includes participation from top-tier venture capital firms and key Solana-aligned investors, signaling deep institutional support and confidence in the initiative. The marks Upexi's entry into the digital asset space, positioning the Company at the forefront of blockchain integration in corporate finance. Since the closing of the private placement, the Company has accumulated approximately 45,733 Solana Tokens making an initial investment of approximately $6.7 million. Allan Marshall, CEO of Upexi, commented, "With backing from some of the most respected names in the Solana ecosystem, we are laying the groundwork for a treasury strategy that aligns with the future of finance. We're not just investing-we're building for long-term innovation, value creation, and a leadership role in blockchain adoption." Riot Platforms, an industry leader in vertically integrated Bitcoin mining, just announced unaudited production and operations updates for April 2025. 'Riot mined 463 bitcoin in April as the network experienced two successive difficulty adjustments during the month,' said Jason Les, CEO of Riot. 'April was a significant month for Riot as we closed on the acquisition of all of the tangible assets of Rhodium at our Rockdale Facility, including 125 MW of power capacity, and mutually ended all outstanding litigation. This transaction ends the hosting agreement with our last hosting client and marks the complete exit of Riot from the bitcoin mining hosting business. During the month of April, we made the strategic decision to sell our monthly production of bitcoin to fund ongoing growth and operations. We continuously evaluate the best funding sources considering a multitude of factors and prioritizing a strong balance sheet. These sales reduce the need for equity fundraising, limiting the amount of dilution in our stock. We will continue to monitor market conditions on an ongoing basis and utilize all tools available to best sustainably finance our business, while remaining committed to our long-term bitcoin treasury strategy, reflecting our strong conviction in Bitcoin's future potential.' Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services forNuvve Holding Corp. by Nuvve Holding Corp. We own ZERO shares of Nuvve Holding Corp. Please click here for disclaimer. Contact:
