Huoxun Finance reported on November 30th that QwQiao, co-founder of AllianceDAO, stated in an article on the X platform that the most objective metric for measuring a "moat" is the expense/revenue ratio; other metrics are vanity indicators. If your business has a lasting "moat" and operates in a growing market, then revenue should continue to grow. Conversely, without a "moat," you will either lose market share or be forced to maintain it through price wars. Both scenarios will lead to expenses stagnating or even declining over time. QwQiao emphasized that the absence of a moat does not mean a business lacks value. It simply means that it delivers value to customers rather than monopolizing it. In fact, this is true for the vast majority of businesses worldwide.

According to Odaily Planet Daily, economist and longtime Bitcoin critic Peter Schiff wrote on the X platform that despite MSTR and several Bitcoin reserve companies continuously promoting the narrative and purchasing large amounts of Bitcoin throughout 2025, Bitcoin is still down about 4% year-to-date with only one month left in the year. He stated that in stark contrast, gold and silver have risen by about 60% and 95% respectively this year, without much hype or concentrated institutional buying. Schiff said this divergence in performance "is likely to continue into December and 2026."

Odaily Planet Daily reports that perpetual contract DEX Aster has released its latest Stage 3 airdrop schedule. The S3 airdrop checker is expected to open for queries on December 1st at 20:00. The official statement indicates that the claim window for the airdropped tokens will be open from December 15th, 2025 at 20:00 to January 15th, 2026 at 20:00.

Huoxun Finance reported on November 30th that economist and cryptocurrency critic Peter Schiff stated on the X platform, "Despite the hype and buying by MSTR and other Bitcoin reserves in 2025, Bitcoin has fallen by 4% with only one month left until the end of the year. However, gold and silver have risen by 60% and 95% respectively without any hype or corporate buying. This divergence is likely to continue in December and into 2026."

According to Huoxun Finance on November 30th, a blockchain analyst named AiYi has been monitoring data showing that a "2016 ETH ancient whale with a cost as low as $203.22" has allegedly sold 7,000 ETH via Wintertermute in the past month, with an average transfer price of $3,024. If sold, this would have resulted in a profit of $19.745 million. The most recent suspected sale occurred an hour ago, when 1,000 ETH (worth $3.01 million) were deposited into Wintertermute. Currently, this whale still holds 26,992.67 ETH, with a total value of approximately $80.99 million.