5.08 Poker Morning Report:
Is there really someone who can withstand a 1-3% increase on a short position? I heard they keep adding to their short, they must have a lot of money to endure that, I have to say I admire it. The power of infinite margin is indeed fierce. It reminds me of group friends who shout for me to short when the price goes up and shout for me to go long when it drops, I can only say I admire it.
1. $BTC continues to maintain strong momentum, steadily sitting above 97000, about to advance towards previous highs;
2. $ETH follows Bitcoin, attendees at the Dubai conference all say a change in control has occurred, the last one to change control was SOL;
The SEC document shows that the New York Attorney General previously requested the SEC to classify ETH as a security;
3. $SOL is about to break through 150, I can only say it’s better than nothing, after all, it hasn’t shown strong levels for a long time;
DeFi Development Corp. approved a 7-for-1 stock split, promoting Solana (SOL) asset strategy;
4. The market anticipates the Federal Reserve's meeting early in the morning, concluding that a rate cut may begin in July;
5. OCC confirms banks can provide crypto asset custody and trading outsourcing services;
6. Galaxy expands staking services in Europe, partnering with Zodia Custody;
7. Robinhood plans to launch a blockchain platform to offer U.S. stock trading services to European users;
8. New York State Assemblyman Torres proposes to prohibit officials from profiting from memecoins and stablecoins;
Senator Richard Blumenthal has sent a letter to World Liberty Financial and Fight Fight Fight LLC, requesting an investigation into Trump's crypto asset activities;
9. Strive merges with Asset Entities to create the first publicly listed company focused on Bitcoin finance;
10. Uniswap DAO key contributor Pepo resigns due to governance disputes, questioning the foundation's excessive power;
11. sns.sol: The genesis airdrop will distribute 2 billion SNS, of which 1.5 billion will be distributed to .sol domain name holders;
12. Vaulta announces that the EOS token name will change to A on May 14, with a 1:1 exchange;
It is said that the burned EOS can be restored?
13. The Federal Reserve's May meeting released cautious dovish signals: while maintaining interest rates unchanged, it opens a policy window for rate cuts, but specific actions still depend on subsequent data (especially employment and inflation);
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Recently noticed that as long as Genesis is not participated in, it rises very well, but those that participated fall apart. Can only say targeted?
Big class is coming 😭.
#Bitcoin #Ethereum #Solana #Crypto
