Long liquidations were significant $PUMP . Buybacks continued, but failed to effectively support the price. The platform earned $65.63 million in one month and spent $1 million a day on token buybacks. Many new users joined the platform, with around 119,000 new users using the app for the first time in the first two weeks of October. Still holding my position and waiting for good news.
I’ve realized that Douyin is still a great fit for video creators like us.
My videos are over ten minutes long, and it turns out no one minds me rambling.
Maybe it’s mainly because people in Web2 aren’t all finance folks, so they’re more patient.
I just checked the video I posted today. In a little over half a day, it’s gotten over a hundred thousand views, and I’ve gained about two thousand followers so far.
I’m still a very, very long way from becoming a million-follower creator, but at least this has given me some motivation. Every little bit of traffic is encouraging to me. Thank you all for your support.
Back when the coin price was skyrocketing $ASTER , everyone was extremely bullish on StandX and said it would be the next Aster.
StandX has managed to see things through even without launching a token. In my view, that makes the team’s integrity all the more precious, especially since we’ve seen so many projects quietly rug under these circumstances.
Even as the overall meme market cools somewhat, launch volume, trading volume, and creator revenue sharing on $PUMP remain relatively active. Ongoing buybacks provide a floor, keeping declines relatively contained. The more the platform earns, the more it buys back, providing greater support.
Has the traffic weighting for original videos on the Square been reduced? The videos I’ve recorded recently are all over ten minutes long, and whenever I upload them to the Square, I get a message saying the file is too large. I have to split them into three parts to upload them.
There's good news every other day $AAVE . Today's news is equivalent to Aave gaining 300,000 new addresses every day. Their approach is more professional than that of many projects, and the good news keeps coming
The U.S. government needs to borrow money, and AI companies need money to build infrastructure, so they need to borrow too. They all need investors to provide funds to take on this debt.
The bond market can expand, but expansion comes at a cost: higher interest rates. When bond yields become more attractive, more investors will be willing to put their money into bonds.
When the U.S. government and AI companies issue large amounts of debt at the same time, investors may decide that the yields aren’t high enough. They’ll demand higher interest rates before they’re willing to buy the bonds.
The result is higher borrowing costs overall, making new financing more expensive.
The U.S. government already has a heavy debt burden. The higher interest rates are, the more interest it may have to pay in the future, making the budget deficit harder to manage.
At the same time, if bond yields rise, stocks become relatively less attractive. Investors will reconsider whether it makes more sense to put their money into higher-yielding bonds or continue holding stocks. This, in turn, puts downward pressure on stock prices.
A stock’s value is essentially the company’s future profits converted into today’s dollars. The higher the discount rate used, the less future earnings are worth in today’s terms.
Suppose a company can reliably earn 100 dollars every year in the future. You now have to decide how much you’re willing to pay today for its stock, in order to receive those 100 dollars in earnings each year. The key point is that money has a time value.
A future 100 dollars isn’t worth as much as 100 dollars today, because if bond yields are high, you could invest your money in bonds now and earn interest.
In China, WeChat Moments is part of a person’s private life, and companies cannot force employees to promote work-related content there.
Today I saw this court case online:
XX Maternity Hospital required employees to repost the hospital’s promotional links to their personal WeChat Moments every day. Anyone who didn’t repost them would be fined 200 yuan each time.
An employee, Chen, refused to repost them and had 10,000 yuan deducted from his wages. The company then fired him.
Chen sued the company, and the company lost.
It must not only repay the 10,000 yuan deducted from his wages, but also pay 50,809.6 yuan in compensation for unlawfully dismissing him—a total of over 60,000 yuan.
I saw this saying online: Going long $NVDA is equivalent to going long $BNB . The reason given is that Jensen Huang of Nvidia can influence stock price movements across the entire AI technology sector. Likewise, CZ@CZ in the crypto sector can influence the entire crypto market.
What a roller-coaster of a story. Huawei’s Maextro released a third-party test report today, and then people online claimed the testing company had shut down for rectification a long time ago, questioning whether Huawei had faked the report. It was later confirmed to be a different company with the same name. Another one debunked, one after another.
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