BitMEX CEO, Arthur Hayes, Takes A Shot At Elon Musk And Teases $420k Bitcoin 

It’s been just reported that Elon Musk sparked all kinds of theories on Twitter leading various followers to believe that he’s considering buying Bitcoin.

BitMEX CEO highlights BTC’s decentralization

The CEO of BitMEX highlights Bitcoin’s decentralization and teases a massive Bitcoin price, taking a shot at Elon Musk.

He just announced a few days ago that he’s just secured enough funding to take Bitcoin off the market once it hits the $420k mark.

Just in case you don’t know, this comes right after Elon Musk’s tweet about the plans to take Tesla private when it hits $420 a share.

This tweet had Musk in hot water with the US Securities and Exchange Commission who accused him of misleading investors.

According to the latest info coming from the online publication the Daily Hodl. Musk eventually settled with the SEC and paid a $40-million fine without admitting that he did anything wrong.

The new viral tweet posted by Hayes is basically highlighting the lack of control any person has on the Bitcoin network and the inability of an agency like the SEC to point a finger at a person or group behind the king crypto.

Bitcoin halving is approaching

At the moment of writing this article, Bitcoin is trading in the green and the king coin managed to hit $9,000 once again. The coin is currently priced at $9,012.91.

There are massive price movements expected around Bitcoin as the halving is approaching.

The other day it was reported that the prediction claiming that BTC is about to begin a fourth parabolic phase that will bring the crypto to more than $250k dollars is lighting up the crypto space on Twitter.

Stay tuned for more info.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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