Arthur Hayes predicts 3x gains for three cryptocurrencies

Arthur Hayes has announced that three cryptocurrencies are set to triple in value

One of the most authoritative experts in the crypto industry, Arthur Hayes, has published an article in which he stated that he expects the Japanese yen to weaken against the euro and the US dollar by the middle of next year.

Arthur Hayes

On Thursday, 3 September, the EUR/JPY pair fell to 182.45 following the US Treasury’s announcement of a $12.5 billion debt buyback. The crypto entrepreneur claims that US Treasury Secretary Scott Bessent intends to sell euros and buy Japanese yen, whilst the Bank of Japan (BOJ) plans to raise interest rates on loans. All of this is expected to significantly increase dollar liquidity, which will then flow into risky assets, including cryptocurrencies.

Ether is currently trading at around $2,400. The ENA cryptocurrency is holding steady at $0.1556, having risen by almost 70 per cent over the past month. ETHFI is approaching $0.57, having risen by 90 per cent over the past three months. Hayes writes: if his forecasts regarding the economic situation and liquidity prove accurate, these crypto assets are set to triple in value. Investors are closely monitoring the actions of the Fed and the US Treasury, as their decisions on monetary policy and public debt management could trigger a new rally in the crypto market, the entrepreneur believes.

“For a full resumption of the bull run in the cryptocurrency market, the Fed needs to accelerate the pace of money printing. The cryptocurrencies favoured by Maelstrom remain unchanged. Our structural long position in Bitcoin will form the core of the portfolio. More speculative short-term investments for the end of 2026 still include Ether, Ethena and Ether.fi. Where’s my Zcash? I don’t know; I reckon artificial intelligence stole it from the Orchard pool,” wrote Hayes.

Ethena recently launched the beta version of Ethena Pay, an app based on the Avalanche blockchain that allows users to store, transfer and pay with the synthetic stablecoin USDe. The app is initially available in 48 countries, excluding the US and the European Union.

Hayes previously stated that the weakening of the Japanese yen should trigger a depreciation of the US dollar, at which point investors would begin to shift significant capital into Bitcoin. As a result, the price of the leading cryptocurrency is expected to rise to $1 million.

Arthur Hayes, co-founder and former CEO of BitMEX, remains one of the most polarising, influential and well-known figures in the global cryptocurrency ecosystem. Renowned for inventing cutting-edge financial derivatives and his ability to weather intense regulatory storms, his macroeconomic forecasts and major blockchain transactions consistently shape market sentiment and generate huge trading volumes worldwide.