Don't follow market predictions easily.
2024.5.7 Daily Update:
According to the official blog, Robinhood Markets Inc announced that Robinhood Crypto (RHC) has received a Wells notice from the staff of the U.S. Securities and Exchange Commission, indicating that they will recommend that the Commission take enforcement action. Robinhood expressed disappointment with the U.S. Securities and Exchange Commission (SEC)'s decision to issue a Wells notice regarding its cryptocurrency business in the United States. Note: "Wells Notice" is an informal reminder issued before civil litigation against listed companies in the United States.
U.S. SEC postpones decision on Invesco Galaxy Ethereum Spot ETF
According to The Block, the U.S. Securities and Exchange Commission (SEC) stated in a document released on Monday that it would postpone its decision on the Invesco Galaxy Ethereum Spot ETF to July 5, 2024. The SEC stated: "The Commission believes that it is appropriate to specify a longer period to issue an order approving or disapproving the proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised therein." In the past few weeks, the SEC has also postponed making decisions on other Ethereum spot ETFs, including Grayscale, Franklin Templeton, VanEck, and BlackRock.
Account status: Total capital 482,000 (including dividends), principal 150,000, yield 200+%. The total equity of the contract account is 425,000, the total position is 485,000, 40+ varieties, and 170+ pending orders.
Risk warning: Leverage is not a devil, but a tool to improve the utilization of funds. Leverage itself has no risk, and the real risk comes from human nature.
