Crypto Billionaire Arthur Hayes Predicts $3.4M Bitcoin by 2028 – What Does he Know?
Former BitMEX CEO Arthur Hayes has launched his most audacious Bitcoin prediction but, forecasting the cryptocurrency will attain $3.4 million by 2028.
The prediction hinges on Treasury Secretary Scott Bessent implementing yield curve management insurance policies that would set off huge cash printing, creating what Hayes calls a “as soon as in a century change of the worldwide financial structure.“
Trump Administration Targets Federal Reserve Control
Hayes, who manages the Maelstrom funding fund, bases his calculation on an estimated $15.229 trillion in mixed Federal Reserve and business banking credit score development by means of 2028.
His mannequin assumes the Fed will buy 50% of recent Treasury debt issuance whereas financial institution credit score expands by $7.569 trillion throughout Trump’s remaining time period.
The evaluation focuses on Bessent’s plan to regain management of the Federal Reserve by means of strategic board appointments and regulatory stress.
Hayes nicknamed the Treasury Secretary “Buffalo Bill” for his anticipated dismantling of the Eurodollar banking system, evaluating the technique to seizing management of overseas non-dollar deposits price an estimated $34 trillion globally.
Trump wants 4 seats for a Federal Reserve Board of Governors majority to control short-term charges by means of the Interest on Reserve Balances mechanism.
Hayes identifies potential allies in Governors Bowman and Waller, who dissented at latest Federal Open Market Committee conferences, in addition to newly confirmed Stephen Miran, bringing Trump’s camp to a few supporters.
Fed Governor Lisa Cook faces mounting pressure to resign over alleged mortgage fraud accusations from Federal Housing Finance Agency head Bill Pulte.
The Department of Justice is reviewing whether or not to hunt a grand jury indictment for financial institution fraud, which Hayes believes will power Cook’s departure by early 2026.
Meanwhile, Trump’s team plans to replace Fed district bank presidents throughout the February 2026 elections.
Hayes argues that the administration solely wants three out of 4 new voting governors to safe Federal Open Market Committee management, which is able to allow the printing of cash to buy Treasury debt that non-public markets gained’t purchase.
Stablecoin Infrastructure to Absorb Global Banking Deposits
In his final month’s blog post, Hayes outlines how Bessent may redirect $10-13 trillion in Eurodollar deposits by threatening to withdraw Federal Reserve assist for overseas banks throughout future monetary crises.
This coverage shift would power Eurodollar depositors towards compliant stablecoin issuers like Tether, which make investments solely in U.S. financial institution deposits and Treasury payments.
The technique extends past conventional banking to seize $21 trillion in Global South retail deposits by means of U.S. social media platforms geared up with crypto wallets.
Hayes envisions WhatsApp providing seamless stablecoin payment functionality to customers in international locations just like the Philippines, successfully creating digital greenback financial institution accounts for billions whereas bypassing native banking rules.
Central banks in rising markets would lose financial management as residents undertake dollar-pegged stablecoins for every day transactions.
Local governments lack efficient responses past web shutdowns, whereas the Trump administration may wield sanctions towards officers who resist stablecoin proliferation by threatening their offshore wealth holdings.
European deposits face related stress as Hayes predicts the euro’s collapse because of Germany-first and France-first insurance policies splintering the foreign money union.
Adding European financial institution deposits of $16.74 trillion creates a complete addressable market of $34 trillion for stablecoin conversion.
The compelled adoption would create price-insensitive demand for Treasury payments, permitting Bessent to supply yields decrease than Fed Funds charges whereas sustaining profitability for stablecoin issuers.
This mechanism may give the Treasury management over short-term rates of interest no matter Federal Reserve coverage choices.
Hayes Exits HYPE Position Despite Bold Predictions
Despite his bullish long-term outlook for DeFi protocols, Hayes recently sold his entire HYPE position for $823,000 profit, citing the necessity to fund a Ferrari Testarossa deposit.
The sale concerned 96,628 tokens simply weeks after he predicted 126x features for Hyperliquid at Tokyo’s WebX convention.
The timing coincided with the large token unlocks starting on November 29, when 237.8 million HYPE tokens, price $11.9 billion, will create $500 million in month-to-month promote stress over 24 months.
Hayes warned by means of the Maelstrom Fund that present buyback mechanisms can solely soak up $85 million per thirty days.
Whale withdraws $122 million in HYPE tokens as Arthur Hayes and Ansem exit forward of huge November token unlock occasions.#Hyperliquid #Hypehttps://t.co/aWzra4hBDO
— Cryptonews.com (@cryptonews) September 22, 2025
A major whale also withdrew $122 million worth of HYPE tokens, recognized as Techno_Revenant, with $90 million in unrealized features from nine-month holdings.
Popular dealer Ansem joined the exodus, promoting $492,000 price of tokens amid issues about provide.
Despite sustaining his $250,000 Bitcoin goal for 2025, Hayes cautioned traders towards anticipating in a single day wealth.
He criticized short-term considering that results in liquidations whereas defending Bitcoin’s long-term efficiency towards conventional markets when adjusted for inflation.
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