All three major U.S. stock indices turned positive, with the Dow rising 0.27%.

August 28th. U.S. companies are formulating plans to repurchase stocks at a record-breaking pace. According to the data from Birinyi Associates, by August 20th, the announced stock buybacks have exceeded one trillion dollars and reached this scale in the shortest time in history. In the past few months, large companies have approved large-scale buyback plans. Apple announced after its quarterly earnings in May that it would repurchase one hundred billion dollars in stocks. Meanwhile, Alphabet, JPMorgan Chase, Goldman Sachs, and other companies also announced buybacks of at least four hundred billion dollars each. The total buybacks announced by U.S. companies last month reached one hundred and sixty-six billion dollars, setting a new record for July. Rubin, the president of Birinyi Associates, anticipates that the total buybacks announced by the end of the year will reach thirteen trillion dollars. However, buybacks have also attracted criticism from some members of the Trump adminis

On August 28th, based on market data, the S&P 500 index witnessed a brief spike and reached 6486.95, reaching a new all-time high. It has now pulled back to 6484.84 and has a 0.3% increase since the opening today.

On August 28th, based on Coinglass data, within the past 24 hours, the total net outflow of ETH on CEX was 297,800. The top three CEX outflows were as follows: · Binance, with an outflow of 148,700 ETH; · Coinbase Pro, with an outflow of 127,300 ETH; · OKX, with an outflow of 14,500 ETH. In addition, Bithumb witnessed an inflow of 1,597.99 ETH and ranked first in the inflow list.

On August 28th, according to HTX market data, SOL has exceeded $210, and it has a 24-hour percentage increase of 8.46%.

On August 28th, Tom Lee, the chairman of BitMine, stated in an exclusive interview with Mario Nawfal that "the financial system will be reconstructed based on blockchain, similar to the moment when the US dollar departed from the gold standard in 1971. Ethereum will be one of the major beneficiaries. I still have a very bullish attitude towards Bitcoin and believe it could reach $200,000 or even higher. Regarding Ethereum, I think it has greater upside potential. With the development of blockchain and artificial intelligence, it has more potential. Therefore, we regard Ethereum as the largest macro opportunity in the next 10 to 15 years. I think from now until the end of the year, Bitcoin has the potential for a 2x increase, while Ethereum has more than a 2x increase. However, in the long term, we have conducted some research and envisioned a five-year experiment, and the result predicts that Ethereum's ultimate price will be around $60,000. Therefore, Ethereum has tremendous upside po

On August 28th, U.S. Treasury Secretary Yellen stated that there are 11 highly capable candidates for the position of the Chairmanship of the Federal Reserve. After Labor Day (which falls on September 1st this year), we will commence the interview process and submit the final list to President Trump.