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Altcoin season hasn't arrived because everyone jumped 'straight to the punchline'
Altcoin season hasn't arrived because everyone jumped 'straight to the punchline'

A crypto analyst says that we haven’t seen this altcoin season because traders keep buying memecoins too early.

Cointelegraph·2024/08/30 06:12
BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows
BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows

U.S. spot bitcoin ETFs saw $71.73 million in net outflows on Thursday.BlackRock’s IBIT logged $13.51 million in outflows, marking its first daily negative flows since May 1.

The Block·2024/08/30 05:31
Flash
01:07
U.S. stocks closed with AI concept stocks generally rising; Tempus AI rose more than 10%.
Odaily reported that according to MSX.COM data, at the close of the US stock market, the Dow Jones rose 1.73%, the S&P 500 Index rose 0.41%, the Nasdaq fell 0.09%, and the VIX fear index dropped 4.11%. AI concept stocks generally rose; Tempus AI increased by 10%, AeroVironment by 6.75%, Marvell by 4.9%, Twilio by 4.13%, and Alphabet by 3.68%.  It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens, covering popular US stocks and ETF token assets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, AMD, etc.
01:07
「Stock Market Wizard」 Serenity: Doubling Down on AAOI Since $28, Poised for Another Two- to Threefold Increase
BlockBeats News, June 5th. AAOI saw a contrarian 10% price increase yesterday. The "Stock God" Serenity responded, stating that "AAOI has been one of the stocks he has consistently bought on dips since $28." With strong demand for its 800G/1.6T optical transceivers, if the company executes well, the stock price could double or even triple. Furthermore, if the "rumored collaboration with AMD/NVDA" is true, supply chain constraints may lead to an increase in average selling price (ASP) and margin expansion, aspects that are currently not fully priced in by the market model.
01:01
Ackman has sold all his shares after failing to acquire Universal Music
Glonghui, June 5 — The American hedge fund manager known as the "Wolf of Wall Street," Ackman, has failed to acquire Universal Music and has now sold all his holdings in Universal Music. Universal Music announced that it has repurchased more than 14 million shares from various funds managed by Ackman's Pershing Square Capital Management, at €17.66 per share, totaling €250 million. The company stated that this share buyback did not use funds from the existing €500 million share repurchase program, but rather from the additional €500 million repurchase plan approved by the shareholders' meeting last month.
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