There’s no shortage of bitcoin price predictions. The latest comes from Arthur Hayes, CEO of BitMEX, a Wall Street trader turned Bitcoin believer, who predicts Bitcoin will hit $50,000 by the end of the year.

Hayes appeared on CNBC to make the bold bitcoin price prediction and talk about bitcoin and the blockchain framework alongside CNBC’s Seema Mody and Melissa Lee and Fast Money traders Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.

Watch the segment here:

To learn more about Bitcoin check out: Bitcoin: How Cryptocurrencies Work.

To invest in a blockchain ETF check out: 4 Blockchain ETFs: Which to Choose?

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