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However, other conflicting economic statistics, such as an increase in the employment cost index, may indicate that the true direction of inflation remains uncertain. Robinhood reported on Monday that the SEC's enforcement staff had written the company a Wells notice, suggesting that it had reached an initial determination to recommend enforcement action — the latest hint that the agency is not backing down from its years-long crackdown on digital assets.Santiment, an on-chain analytics firm, suggests that given social trends, the news surrounding Robinhood could impact market activity throughout May.
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