đ Wild Dog Weekly Recap: This week in crypto was a roller coaster.
1. Bitcoin falls below $80,000
Amid weekend selling pressure, BTC fell below $80,000, liquidating $404 million in long positions within four hours. Leverage is a loan with a guillotine attachedâeveryoneâs a genius until the liquidation email arrives.
2. Franklin Templetonâs $150 million sgBENJI launches on XRPL
The asset management giantâs tokenized money market fund has landed on the XRP Ledger. Wall Street may still talk skeptically, but itâs already putting assets on-chain.
3. HSBCâs RedCoin reaches 3.3 million PayMe users
The Hong Kong dollar stablecoin from Hong Kongâs largest bank is now in the hands of millions of everyday PayMe users. No hype, no token salesâcrypto rails have quietly gone mainstream.
4. Milei walks away unscathed in the LIBRA case
An Argentine judge ruled that there was no âcriminally relevant deceptionâ in the LIBRA incident. Shill a meme coin, watch it go to zero, then walk away without a convictionâbeing president really does mean different rules.
What a crazy week. Which story do you think was the wildest?
1. Bitcoin falls below $80,000
Amid weekend selling pressure, BTC fell below $80,000, liquidating $404 million in long positions within four hours. Leverage is a loan with a guillotine attachedâeveryoneâs a genius until the liquidation email arrives.
2. Franklin Templetonâs $150 million sgBENJI launches on XRPL
The asset management giantâs tokenized money market fund has landed on the XRP Ledger. Wall Street may still talk skeptically, but itâs already putting assets on-chain.
3. HSBCâs RedCoin reaches 3.3 million PayMe users
The Hong Kong dollar stablecoin from Hong Kongâs largest bank is now in the hands of millions of everyday PayMe users. No hype, no token salesâcrypto rails have quietly gone mainstream.
4. Milei walks away unscathed in the LIBRA case
An Argentine judge ruled that there was no âcriminally relevant deceptionâ in the LIBRA incident. Shill a meme coin, watch it go to zero, then walk away without a convictionâbeing president really does mean different rules.
What a crazy week. Which story do you think was the wildest?