I just dumped my entire $HYPE and $NEAR position, I will explain why in my essay "Reality Test" dropping next Tuesday. TLDR: - Higher energy prices due to Iran war and inventory restocking - 3 Mega AI IPOs between now and early Q3 - Prediction that Trump goes anti-AI to win mid-terms for Republicans - I think highs in mrkts will happen btw now and September - Time to take profit, and two-step in beefa without worrying about my positions

Hey @KyleSamani maybe you were busy last time I pinged you. Let's do a gentleman's charitable bet. I put $100k on the line to a charity of your choice that $HYPE outperforms any other current top ten crypto in USD terms from now until year end. Who is your champion?

ARTHUR HAYES ON WHAT DRIVES BITCOIN'S PRICE: "There will be more units of fiat created. Bitcoin is the most responsive asset of its size to that liquidity creation." "It is just math." Infinity divided by 21 million.

My AI bags need the Cerebras IPO to pop. I went to @HyperliquidX to figure out grey market on where it might open in a few hours. IPO price $185, so indicating a ~50% pop. Long live perp DEXs!!!

.@CryptoHayes joins @laurashin Today on @Unchained_pod. His Tehran Toll Booth scenario is now reality: yuan tolls at Hormuz, foreign central banks dumping Treasuries. Plus the AI capex boom as a money-printing machine, AI agents on crypto rails, and the case for HYPE. Streams today right after DEX in the City.

Arthur on why he called Q1 a no trade zone and why AI deflation was the real risk nobody was pricing in "10% to 20% of the workforce getting let go because of AI efficiencies means high consuming individuals can no longer service their debts and no longer buy the things that run the American economy" "I know eventually there will be a crisis and they will print enough money to make me whole. But why would I be adding risk at this particular point in time"

My newest essay "The Butterfly Touch": The seductive sensation of expectation permeates my body as the incipient bull market gently caresses my soul. As I jubilantly press the buy button, I know speculative excesses will propel my portfolio to new heights … at least until the maddening crowd awakens from its drunken reverie to reel in its optimism of a more glorious future and the physics of gravity reasserts itself over human financial markets. The future, as foretold by the gaggle of cheerleaders this time around, is replete with AI agents running amok, producing a thought to be unlimited economic bounty. The new masters of the universe, American and Chinese tech bros, build a substrate from which AI emerges into existence. Ensconced in their silicon encrusted palaces in San Francisco and Hangzhou their companies hoover up all available capital to build heaven on earth, at least for their shareholders and The Party, and when capital becomes scarce berate the political class of this era to support the printing of dollars and yuan to further extend their prowess. An orgy of construction focused on creating an AI utopia is not the only raging party. Another type of bro revels in the erection of a global edifice of death. Why should Pax Americana be the only purveyor of pain? Their glorious nation requires the most badass means to exterminate the enemies of the state because one cannot rely upon the mercurial permanently tanned emperor to rush to the assistance of his supposed allies. Therefore, it is essential to build bombs using printed money and conscript young men to face death for the glory of … I don’t know what. ... Let this essay permit the bull in your soul to emerge out of its cocoon and fly towards a profitable future, even as many untouchables in the global south, because of the wartime disruption in the flow of essential commodities, starve to death in the shadows where mainstream media refuses to shine a light on. Link to the full essay on my profile page.

ARTHUR HAYES SAYS BITCOIN TO $126K IS INEVITABLE Arthur Hayes (@CryptoHayes) believes Bitcoin $BTC has already bottomed near $60,000. The BitMEX co founder said a breakout above $126,000 is inevitable. Hayes argued expanding global credit conditions remain strongly bullish for Bitcoin. He also pointed to rising AI infrastructure spending and growing war expenditures. Hayes expects momentum to accelerate sharply once Bitcoin clears $90,000. Per reports, Hayes' family office Maelstrom is heavily positioned in $HYPE and $ZEC.

Arthur Hayes (@CryptoHayes) x @_dsencil at @TheBitcoinConf 2026 in Las Vegas “Bitcoin is literally just a derivative of how much fiat is there in the world” 🔸Not a bull run - slow grind 🔸Real breakout = $145K 🔸AI = potential credit shock Liquidity drives everything.