Bitcoin | Crypto

9GAG founder’s new “MemeStrategy” firm will buy Bitcoin for reserves, jailed Bithumb CEO paid $3.5M in salary and bonuses. Asia Express The creator of meme culture pioneer 9GAG is diving headfirst into Bitcoin and blockchain, acquiring a publicly listed Hong Kong company with plans to turn it into a crypto and AI venture. Ray Chan, co-founder of 9GAG, has acquired a controlling stake in Howkingtech International Holdings Limited and plans to convert the company into a Web3 outfit. Chan has proposed renaming the firm to MemeStrategy, a nod to MicroStrategy (now Strategy), which popularized the corporate Bitcoin accumulation playbook. He will serve as chairman and CEO, pending shareholder approval, and several members of the 9GAG team have joined the board. Read more

A crypto analyst is eyeing off a sooner timeframe for Bitcoin all-time highs, XRP may retrace up to 40%, and more: Hodler’s Digest Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst.  The market may be underestimating how quickly Bitcoin could surge potentially hitting new all-time highs before Q2 is out, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.  He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trumps tariffs and potential recession concerns. Read more