
CoinDesk Podcast Network Why Arthur Hayes Says Bitcoin Will Reach $750K by 2027 | Markets Outlook
Dec 23, 2025
Arthur Hayes, Co-founder of BitMEX and Maelstrom CIO, shares his bold predictions for Bitcoin, forecasting it to reach $250,000 by 2026 and even $750,000 by 2027. He delves into the macroeconomic forces behind these predictions, highlighting the impact of U.S. politics and money printing. Hayes also discusses his top three investments for 2025, including Zcash, and explains why it's gaining traction. He emphasizes the importance of self-custody for privacy and offers insights on the future of stablecoins and DeFi.
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Early Zcash Involvement
- Arthur Hayes recounts early involvement with Zcash dating back to 2016 and BitMEX listing futures before mainnet launched.
- He explains past issues like trusted setup and team subsidies that later resolved, leading him to buy Zcash again.
Protocol Fixes Restored Credibility
- Protocol improvements removed key criticisms like the trusted setup and team payouts, improving credibility.
- These technical fixes helped make privacy narratives more convincing to investors and builders.
Withdraw Zcash From Exchanges
- Withdraw Zcash from exchanges if you care about privacy and move it to a self-custodial wallet that supports shielded addresses.
- Doing so both secures your holdings and increases shielded supply, strengthening the privacy narrative.

