Mars Finance News: According to Bitcoin mining company Cango, the company mined 130.7 BTC this week, bringing its total Bitcoin holdings to 7033.1 BTC.

火星财经消息，据 Bitcoin Magazine 报道，富达首席执行官 Abigail Johnson 称：“我喜欢比特币。我持有比特币。它将在储蓄体系中扮演重要角色。”

Original Title: Can L1s Compete Against BTC as Cryptomoney?
Original Author: AvgJoesCrypto
Original Source:
Repost: Mars Finance
Editor's Note: Recently, Haseeb Qureshi, a well-known partner at Dragonfly, published a lengthy article rejecting cynicism and embracing exponential thinking, which unexpectedly brought community discussions back to the core question: How much value do L1s really have left? The following content is excerpted from the upcoming "The Crypto Theses 2026" by @MessariCrypto.

According to a research report on Talus released by Messari, the project aims to build infrastructure for the decentralized AI agent economy, with its core framework Nexus standardizing on-chain operations of AI services. Talus plans to launch its testnet in 2025 and has already attracted over 35,000 users and raised more than $10 million in funding.

火星财经消息，据Aastocks报道，港股上市公司铸帝控股宣布斥资 170 万港元与香港理工大学成立稳定币研发中心，该中心将专注於监管合规的稳定币与真实世界资产 (RWA) 代币化的综合研发，核心目标包括制定与香港即将推出的《稳定币条例草案》及《虚拟资产政策宣言 2.0》一致的 RWA 框架、推动人工智能驱动的代币化及实时资产估值模型创新。

AETDEW, the World Academy of Engineering and Technology for Developing Countries, and the AB Charity Foundation X AB DAO signed a memorandum of understanding in Kuala Lumpur on November 22, 2025, aiming to jointly promote the response to energy challenges, advancement of engineering technology, and the development of renewable energy systems.

According to Mars Finance, the discussion about Ethereum and Amazon's valuations has sparked heated debate. Inversion Capital founder Santiago believes Ethereum is overvalued, with its price-to-sales ratio far exceeding Amazon's, while SharpLink argues that traditional valuation models do not apply to Ethereum, emphasizing the importance of its network potential and asset scale.

According to data from the Hyperliquid platform, the total holdings of whales amount to $4.338 billion, with long positions accounting for 46.75% and a profit and loss of -$71.5672 million, while short positions account for 53.25% with a profit and loss of $182 million. Whales are taking long positions on ETH at specific prices, with an unrealized profit and loss of -$1.1485 million.

According to Mars Finance, data from Alpha Arena shows that 7 models are currently profitable in the new season of the nof1 trading competition. They are: MYSTERY-MODEL - 3: SITUATIONAL AWARENESS (46.48%), DEEPSEEK-CHAT-V3.1 - 2: MONK MODE (24.7%), GPT-5.1 - 4: MAX LEVERAGE (19.69%), MYSTERY-MODEL - 1: NEW BASELINE (16.7%), MYSTERY-MODEL - 4: MAX LEVERAGE (6.21%), GEMINI-3-PRO - 2: MONK MODE (2.52%), and MYSTER