#ArthurHayes’LatestSpeech ARTHUR HAYES AT BITCOIN VEGAS 2026: BITMEX CO-FOUNDER FLIPS BULLISH ON BITCOIN AS U.S.-IRAN WAR SHIFTS CREDIT NARRATIVE
Arthur Hayes delivered the outlook during a live presentation at Bitcoin Vegas 2026 following a reflective period after ski season, and the remarks cover three interlocking forces he believes are reshaping the credit environment: artificial intelligence-driven job losses, the Federal Reserve transition to incoming chair Kevin Warsh, and a structural shift in how U.S. commercial banks will absorb government debt.$BTC
“I’ve turned a bit more bullish, and I’ll explain why,” Hayes said. “It’s time to think about money creation and money printing, and what that means for bitcoin.”
Arthur Hayes of Maelstrom targets bitcoin at $125,000 by year-end, citing wartime spending and rising bank lending.
The Enhanced Supplemental Leverage Ratio, live April 1, could generate $1.3 trillion in new loans per S&P Global.
Hayes says artificial intelligence (AI) job losses created a credit deflationary event, but U.S. defense spending of $1.5 trillion offsets the drag.