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Cathie Wood warned that as market attention shifts from rate cuts to rate hikes, the market will face a "chilling" adjustment, and valuations in the artificial intelligence sector will undergo a "reality check." However, she denied the existence of an AI bubble at present, believing that the world is at the beginning of an AI technological revolution and that the long-term valuations of major tech companies are reasonable.

What the x402 protocol represents is far more than just an optimization of payment methods; it is a paradigm shift in the value exchange layer of the internet.

Through a workaround, the U.S. President could even pardon himself.

It is very important to clearly identify the type of trading you are involved in and make the appropriate adjustments.
- 09:46Bitwise CIO: It is incorrect to evaluate DAT companies using mNAV, and market trends will diverge in the futureChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated that it is incorrect to evaluate DAT companies using mNAV, because this valuation method does not take into account the lifecycle of listed companies. "Suppose you have a bitcoin DAT that announces it will close this afternoon and distribute bitcoin to investors. Its trading price will be exactly equal to the value of its bitcoin (mNAV of 1.0)." Matt Hougan analyzed that there are three main reasons for DATs trading at a discount: insufficient liquidity, high fees, and high risk. There is only one reason for DATs trading at a premium (limited to the United States): whether it increases the per-share value of the cryptocurrency. Most of the reasons for DATs trading at a discount are certain, while most of the reasons for them trading at a premium are uncertain. Therefore, most DATs will trade at a discount, with only a few exceptions trading at a premium. In the past six months, the price movements of DATs have been basically consistent. Looking ahead, their price differences will become more pronounced. A few DATs will perform well and trade at a premium, while many DATs will perform poorly and trade at a discount.
- 09:35Bitget launches exclusive event for new users, offering contract trading experience funds and USDT airdropChainCatcher news, Bitget has launched an exclusive event for new users, open to all new users on the official website in Chinese-speaking regions. During the event, users can unlock trial funds and USDT airdrop rewards by completing tasks such as deposits and contract trading volume. Each individual can receive up to 1,008 USDT. The detailed rules have been published on the official Bitget platform. Users must click the "Join Now" button to complete registration in order to participate in the event. The event ends at 12:00:00 (UTC+8) on December 1.
- 09:28Revolut completes new funding round at a $75 billion valuationJinse Finance reported that fintech company Revolut Ltd. reached a valuation of $75 billion in its latest round of stock sales, a significant increase from last year's $45 billion. This round of financing was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from Nvidia's venture capital arm NVentures, Andreessen Horowitz, Franklin Templeton, and accounts managed by T. Rowe Price. Revolut offers services such as checking and savings accounts, international remittances, cryptocurrency and stock trading.