Tom Lee & Arthur Hayes: How Crypto Flips Wall Street

Listen to this episode from Bankless on Spotify. Tom Lee and Arthur Hayes map how crypto is flipping Wall Street: BTC at fresh highs, ETH’s comeback, and a surge of institutional capital, tokenization, and stablecoin rails. Tom lays out Bitmine’s big ETH accumulation and bold targets (BTC $200–250k, ETH $10–12k), while Arthur dives into cycles, liquidity, why perps outshine leveraged ETFs, and the looming clash between prediction markets and TradFi. Plus: banks turning into on-chain tech companies and what Tether’s rise signals for the new banking stack.Please visit https://fundstrat.com/tom  for complimentary access to Tom Lee's daily market updates, real-time market alerts, live webinars, and curated stock lists.------📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium------BANKLESS SPONSOR TOOLS:🪙FRAXNET | MINT, REDEEM, EARN https://bankless.cc/fraxnet🦄UNISWAP | SWAP ON UNICHAINhttps://bankless.cc/unichain🛞MANTLE | MODULAR L2 NETWORKhttps://bankless.cc/Mantle🌳KGEN | REQUEST A DEMO https://bankless.cc/KGEN-podcast🐂BULLISH | TRADING COMPETITIONhttps://bankless.cc/trading-competition💠BIT DIGITAL ($BTBT) | ETH TREASURY https://bankless.cc/bit-digitalWe’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors------TIMESTAMPS0:00 Intro0:42 BTC All Time Highs5:07 ETH Performance & Bitmine9:32 DATs Market15:26 4-Year Cycles25:32 5% Bitmine’s Target28:00 Tom’s Involvement in Ethereum32:42 ETH’s Position38:37 Compute for Finance40:53 Tether’s $500B Valuation44:57 USDT Flips BTC?46:35 Crypto Equities48:26 Hacks & Exploits50:39 Financial Entertainment55:13 Perps58:38 Price Targets1:00:45 2026 Wish List1:03:06 Closing & Disclaimers------RESOURCESTom Leehttps://x.com/fundstrat Arthur HayesX - https://x.com/cryptohayesIG - https://www.instagram.com/cryptohayes/LinkedIn - https://www.linkedin.com/in/arthur-hayes-b493b42/Substack - https://cryptohayes.substack.com/Bitminehttps://bitminetech.io/ Fundstrathttps://fundstrat.com/tom Maelstromhttps://maelstrom.fund/ ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures