Crypto Recap:

1. 📉 Fed Rate Cut: Interest rates reduced by 25 bps to 4.25%-4.5%. Markets brace for a potential pause.

2. Hong Kong Innovates: Licenses granted to 4 digital asset platforms, signaling regulatory progress.

3. 💼 LEEF Brands & BTC: Canadian cannabis giant adopts $BTC as a treasury reserve, a sector first!

4. Market Dip: Total crypto market cap down 7%, now at $3.65T.

5. Ohio Embraces Bitcoin: HB 703 proposes a state Bitcoin reserve. Ohio joins Texas & PA in crypto plans.

6. 🐧 PENGU’s Rough Start: Pudgy Penguins token drops 50% after launch. 89B PENGU tokens airdropped.

#CryptoNews #Bitcoin #FED