Bitcoin | Crypto

A crypto analyst eyes Bitcoin’s potential retrace to $70K, a crypto investor funds a SpaceX flight, and more: Hodler’s Digest BitMEX co-founder and former CEO Arthur Hayes says US President Donald Trump’s tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally. Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC, Hayes said in an April 3 X post. His comments come just a day after it was announced that the Trump administration will hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%.  Read more

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