The week was a rollercoaster ride in the world of cryptocurrency. From a trader’s devastating $5 million loss in meme coins to the nearing conclusion of the Ripple-SEC lawsuit, the crypto space was buzzing with activity. The introduction of the Bitcoin Act of 2025 in the House of Representatives and Binance CEO’s optimism about pro-crypto policies also made headlines. Let’s dive into the details.
Trader’s $5 Million Loss In Meme Coins
A trader, known only as 0xforeverblind, turned nothing into a whopping $5 million during the crypto bull run, only to lose it all in meme coins. Despite his initial success, the trader’s investments in meme coins like Popcat, Gigachad, Mumu The Bull, and Retardio collapsed by 90-95%, leading to his …Full story available on Benzinga.com