BitMEX CEO said that Bitcoin will reach $100,000, adding that crypto could be an “emerging tool” for football clubs. CEO Alex Hoptner stated in an interview that Bitcoin could reach $100,000. In the CEO’s view, the increasing adoption of Bitcoin (BTC) by countries will further affect the growth in its value. Details of the topic Cryptokoin.com’in.
New horizons for Bitcoin
Alex Hoptner, CEO of P2P crypto products trading platform BitMEX, predicted that the price of Bitcoin could reach $100,000 per coin. Hoptner expressed his bullish stance on Bitcoin and other cryptocurrencies in a recent interview with CNBC. The interview took place while BitMEX teamed up with AC Milan as its first partner. BitMEX CEO is of the opinion that Bitcoin and other cryptos could be the next source of funding for football teams. In the interview, Hoptner stated that crypto firms could emerge as the “next funding tool” for football clubs. He added that “tokenization of assets is a big thing going forward” as a substitute financing tool for football clubs. The CEO said that asset tokenization will create a closer relationship between football clubs and their fans. Hoptner said:
As we’ve seen in the NFT space, the tokenization of assets is a big thing going forward. Crypto firms in the midst of the mass market movement may actually be the next funding tool for these clubs.
According to BitMEX CEO, fans of massive football clubs show great interest in tokens. So, this will affect more support for teams. While talking about crypto regulation and some countries’ stance on Bitcoin and other altcoins, the BitMEX executive said that both individual investors and the government are embracing crypto on a large scale. He referred to the case of El Salvador, which recently celebrated its one-month Bitcoin anniversary. The country made history as the first to legalize Bitcoin as a legal medium of exchange. Under the leadership of President Nayib Bukele, El Salvador continues to support Bitcoin adoption, especially when the country starts mining Bitcoin. Bukele announced that El Salvador has started mining Bitcoin using volcanic energy. This is despite the fact that the testing and installation phase is currently underway.
BTC and nationwide adoptions
Hoptner said the government has virtually no control over crypto. According to him, Hoptner believes the government has virtually no control over the crypto market. He added that it is “industry dependent” to support regulators. The CEO was confident that the continued growth surrounding Bitcoin would continue to affect the price:
This year, we have seen tremendous growth in the direction of Bitcoin and I see many possibilities for Bitcoin to reach $100,000 with the combination of sports and crypto and countries adopting it (as official currency) with market action. There is a high chance of reaching that level. Polynesia, an island nation officially called the Kingdom of Tonga, is trying to follow El Salvador’s Bitcoin strategy. Lord Fusitu, Lord Member of Parliament for Niuas in the Parliament of the Kingdom of Tonga, referred to Bitcoin as the first truly global, naturally open monetary system. According to Fusitu, Bitcoin will affect the country’s economy.
Currently, BTC is trading around $55, up 0.29%. Also, the top cryptocurrency has lost over 8 percent in trading volume over the past 24 hours.
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