Bitwise’s Matt Hougan Reveals Why Most Crypto Treasury Firms Should Actually Trade at a Discount

Bitwise’s Matt Hougan believes that larger DATs gain major advantages in debt markets, lending capacity, derivatives access, and M&A opportunities. Bitwise Chief Investment Officer Matt Hougan outlined a valuation framework for digital asset treasury companies (DATs) and said that analysis of the sector often misunderstands how these firms should be priced relative to the…

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Elon Musk Said Grok’s Roasts Would Be ‘Epic’ at Parties—So I Tried It on My Coworkers

We can debate the worthiness of Elon Musk’s accomplishments—building up Tesla, hollowing out the government, shooting for Mars—but we can all agree that his insistence on being seen as funny is his most grating quality. From the constant 4:20 references to his quote tweet “dunks” to awarding “Certified Bangers” badges to silly X posts, Musk’s…

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Price pauses, traders take a breather

BNB is trading at a level that previously marked a breakout in 2024, according to market data. After pulling back from its recent peak, the cryptocurrency is testing a former resistance level now functioning as support. Summary BNB has retraced to the upper boundary of an ascending channel that capped its 2024–2025 rally. BNB Chain’s…

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Character.AI will offer interactive ‘Stories’ to kids instead of open-ended chat

Character.AI announced on Tuesday that it’s launching “Stories,” a new format that allows users to create interactive fiction that features their favorite characters. The feature comes as an alternative to the company’s chatbots, which are no longer accessible to users under 18 as of this week. The change follows growing concerns about the mental health…

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US Bancorp selects Stellar chain for stablecoin pilot

Key Takeaways US Bancorp is piloting its own stablecoin on the Stellar blockchain. Stellar was chosen for its strong compliance-oriented features like asset freezing and transaction management. Share this article US Bancorp, a Minneapolis-based financial institution, is testing its own stablecoin on Stellar, a public blockchain focused on facilitating financial transactions and asset tokenization with…

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DOGE Launches Lazarus Signal, Rebukes Disbandment Reports

The Department of Government Efficiency (DOGE) is still operating and recently rebuked a report that claimed it “did not exist.” DOGE’s latest social media post, on November 23, said it had terminated several “wasteful” contracts, yielding $335 million in savings. DOGE Has Not Been Terminated, Continues Fighting ‘Waste, Fraud, and Abuse’ The Facts The Department…

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