Memecoin trader makes $800K in an hour, Crypto.com surpasses Coinbase in trading volume
Episode description
It’s been a difficult 24 hours for Bitcoin, with long positions wiped out left and right, getting August off to a rough but familiar start. Nevertheless, BTC miner Bitfarms is raking in 34% more Bitcoin since it began upgrading its fleet of mining rigs. Elsewhere, Crypto.com overtakes Coinbase in trading volume, Bybit halts operations in France, and one trader made $800,000 on a new Solana-based memecoin — but is there more to the story?
Further reading:
- Bitcoin long liquidations hit $300M as BTC price falls to $62K
- Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
- Crypto.com surpasses Coinbase in trading volume as institutional demand grows
- Bybit exchange halts operations in France
- Trader makes $800K one hour after buying Solana memecoin for $8.5K
So, grab yourself a coffee, and let’s get into it!
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