Crypto Recap:
1. ๐ 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. ๐ผ 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. ๐ง PENGUโs Rough Start: Pudgy Penguins token drops 50% after launch. 89B PENGU tokens airdropped.