Arthur Hayes, CIO of Maelstrom, says governments will print money to fund Artificial Intelligence and wartime economies, while NEAR Protocol (CRYPTO: NEAR), Zcash (CRYPTO: ZEC) and Hyperliquid (CRYPTO: HYPE) are likely to become core trades in the next crypto cycle.
Crypto Bull Market Underway In an interview with The Rollup, Hayes said the next crypto bull market is already underway, driven by a liquidity boom tied to AI capex and renewed demand for financial privacy.
Hayes argues governments in the U.S., China and Europe will keep printing money to fund AI infrastructure and national defense, with that liquidity leaking into Bitcoin and select crypto assets.
His strongest crypto themes are: Zcash: Hayes sees it as the core privacy trade as users seek shielded money in an AI and surveillance-heavy world.
NEAR Protocol: He says NEAR could benefit from confidential intents, cross-chain private transfers and AI-agent commerce.
