Reason to trust
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Made by experts from the industry and carefully assessed
The highest standards in reporting and publishing
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Morbi Pretium Leo et Nisl Aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque NEC, Ullamcorper Eu Odio.
Este Artículo También Está Disponible and Español.
In a macro-oriented interview with the bankless podcast, Arthur Hayes, the former Bitmex COO and the current Maelstrom CIO, explained his bullish thesis on Ethereum, with the argument that a move to $ 10,000 or even $ 15,000 is a realistic outcome and capital schedule because the world-lashing schuivipvening is in the next liquidity Schuidschingings and Liquidity Schuquing come.
Asked why ETH had gathered more than 50% in a week, Hayes rejected Technical triggers and point to sentiment instead. “The most hated assets goes up the fastest in the next cycle,” he said. “It’s just human nature.” For Hayes, Ethereum’s comeback was long too late after years of overshadowed by Solana and other high-beta-tokens. “Eth was a bit dead. Everyone hated it. The BTC/ETH ratio fell, Solana ran … It was time.”
Why Ethereum could rise to $ 10,000
Although he had not added his position, Hayes said he remained long Ethereum and was not impressed by the current price. “It’s great that it’s going up, but okay – let go with $ 10,000 or $ 15,000. Let’s talk if it’s meaningful.”
Related lecture
Hayes placed the rebound of Ethereum in the broader context of what he calls a global monetary “phase shift” away from the American treasury as the reserve assets of the world, to a split system where disturbing value value increasingly shifts to gold and bitcoin. In this paradigm, Ethereum not only benefits from speculative risk flow, but also from structural changes in how capital moves under increasing financial repression and capital controls.
Although he repeated his conviction that gold and bitcoin are the two neutral reserve activa in a politically broken world, Hayes Ethereum sees a powerful trade with high beta in the upcoming wave of liquidity expansion. “They print the money,” he said about it. “And the result will be gold and Bitcoin will go through the roof.”
Yet the path of Ethereum will not be linear. Hayes has so far recognized the UnderPerformance of ETH versus Bitcoin, but suggested that the moment of ETH comes – in particular if the clarity of the regulations improves or if decentralized financing gets traction back with sustainable cash flows. He has selected projects such as Etherfi and Pendle as examples of token -ecosystems that can finally justify the appreciation through foundations.
Related lecture
The potential for Ethereum to surpass dramatically, Hayes argued, especially because the market continues to digest what he sees as the beginning of the end for the 50-year-old American treasury-based global financial system. “If you want to keep access to capital and spend how you want, the only things you can possess are gold and bitcoin,” he said. But for the investor with appetite for asymmetry, ETH is now “a hard slog” – still in the early stages of what a runaway rally could be.
Whether Ethereum reaches the $ 10,000 in 2025 or after, Hayes positions for that result. “Mail stream is around 60% bitcoin, 20% ETH and then you know many other shitcoins and term sheets token-deals and such. On my non-crypto things they are physical gold and gold miners and T-accounts. That is it,” Hayes revealed.
At the time of the press, ETH traded at $ 2,477.
Featured image of YouTube, graph of TradingView.com