November 29th, according to LookIntoChain monitoring, a certain Ethereum OG address deposited 18,000 ETH to Bitstamp 8 hours ago (approximately $54.78 million).Since 2017, this OG has accumulated 154,076 ETH at an average price of $517 per ETH (valued at $79.70 million), and then sold 87,824 ETH at an average price of $1,694 per ETH (valued at $1.488 billion).He still holds 66,252 ETH (valued at $201 million), with a total profit of approximately $270 million.

November 29, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the "address that bought 1074 WBTC at an average price of $10,708 four years ago" deposited 5000 ETH to Binance 10 hours ago, worth $15.36 million. Over the past 2 weeks, this address has deposited a total of 13,403.28 ETH to exchanges, with a total value of $41.06 million. The address currently still holds 15,000 ETH and has interacted with a Galaxy Digital-associated address, making it temporarily impossible to confirm the wallet owner.It is reported that this address had sold 1000 BTC at an average price of $118,011 in July this year to take profit, earning $107 million.

November 29th, according to Coinglass data, the recent cryptocurrency market has experienced a comprehensive rebound. Bitcoin surged above $93,000 last night, but currently, mainstream CEX and DEX funding rates indicate a bearish sentiment in the market. The funding rates for specific mainstream coins are shown in the attached image.BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders, and the exchange does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.When the Funding Rate is 0.01%, it represents the base rate. When the Funding Rate is greater than 0.01%, it indicates a generally bullish market. When the Funding Rate is less than 0.005%, it indicates a generally bearish market.

November 29, according to Onchain Lens monitoring, a whale address deposited 2 million USDC into HyperLiquid and opened a 5x leveraged long position on SOL.

November 29th, according to Alternative Data, today's cryptocurrency Fear and Greed Index is 28 (yesterday was 25), the market has moved away from "extreme fear" and entered the "fear" zone.Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%). AI

November 29th, according to Onchain Lens monitoring, in the past 4 days, a certain whale address deposited 13.12 million USDC into HyperLiquid to accumulate ENA in the spot market.So far, the whale has already bought 25.56 million ENA at a price of $7.25 million and still holds 5.78 million USDC, with the buying activity ongoing.

November 29, BitMEX Co-founder Arthur Hayes reiterated his $250,000 Bitcoin price target and elaborated on the key drivers pushing the rise.Despite only 33 days left until the end of 2025, Hayes still firmly believes that Bitcoin will see a 170% increase and reach a historical new high of $250,000. During an appearance on the "Milk Road Show" last Wednesday, he unwaveringly stuck to this prediction. "I will stick to this target, and success or failure hinges on this single move."He previously accurately predicted that the drop to $80,600 last week was the bottom, and at least the current trend is validating this assessment. Arthur Hayes expects the bottoming out of dollar liquidity, combined with the end of quantitative tightening policies, to jointly drive Bitcoin's next stage of growth. The Fed's 25 basis point rate cut in October has signaled the halt of monetary supply contraction.Arthur Hayes believes these catalysts will propel Bitcoin to break the previous high of $126,220 and reach $250,000 by the end of the year. However, he also openly accepts the possibility of a misjudgment: "Anyway, I am in a long position, and regardless of the outcome, I will face it calmly."

November 29, according to official sources, Coinbase has added Rayls (RLS) to its listing roadmap.

November 29, according to crowdfundinside, U.S. Bank, PricewaterhouseCoopers (PwC), and the Stellar Development Foundation (SDF) announced that U.S. Bank is testing the issuance of a custom stablecoin on the Stellar network.

November 29th, according to Coindesk's report, Tether has confirmed that it will shut down its mining operations in Uruguay and lay off most local employees, as the company has failed to reach an agreement with the authorities on an energy consumption tax.According to local media, Uruguayan labor department officials stated that Tether reiterated this decision during a meeting with the National Labor Directorate. As the company gradually exits the Uruguayan market, 30 out of 38 employees will be laid off. Tether had originally planned to invest up to $500 million in Uruguay, including the construction of three data centers and a 300-megawatt renewable energy park. The stablecoin giant had started investing in sustainable Bitcoin mining operations in the country as early as 2023.Tether claimed to have already invested over $100 million and further committed to investing $50 million in building infrastructure that was supposed to be handed over to the national grid operator UTE. The company attributed its exit to high energy prices and regulatory hurdles. According to local media reports, since 2023, Tether has been requesting a shift to a more competitive electricity pricing structure, proposing to adjust the transmission costs from 31.5 kV to 150 kV.Tether stated that this change would benefit both parties by reducing costs and avoiding redundant infrastructure projects.

November 29th, according to market data, the US stock market closed on Friday with all three major indexes up. The Dow rose 0.61%, the S&P 500 rose 0.54%, and the Nasdaq rose 0.65%. Cryptocurrency stocks saw a general rise, including:Coinbase (COIN) up 2.96%Circle (CRCL) up 10%MicroStrategy (MSTR) up 0.88%Bullish (BLSH) up 1.82%Bitmine (BMNR) up 4.35%SharpLink Gaming (SBET) up 3.61%BTCS (BTCS) up 2.91%BNB Network Company (BNC) up 20.6%ALT5 Sigma (ALTS) down 0.53%American Bitcoin (ABTC) up 0.95%

November 29th, DEX Terminal Finance, incubated by Ethena, posted on social media stating that the Terminal's initial design goal was to become the on-chain liquidity hub for Converge. However, due to the delayed launch of the Converge mainnet and the absence of recent online deployment plans, the project will be terminated. User funds are not affected, and all users' principal can be fully withdrawn. Existing Pendle position holders will continue to receive their due Ethena Sats rewards, associated sUSDe rewards, and etherfi points.The official statement noted that their team explored various transformation options, but all faced fundamental obstacles, including limited ecosystem support, insufficient asset access potential, and dim long-term development prospects. Ultimately, the team concluded that these paths could not lead to a successful long-term project. Launching for the sake of launching goes against their core principles, and maintaining integrity is the primary guideline.

BlockBeats News: On November 29, according to market sources, CoinShares has terminated its plan to launch three single-asset cryptocurrency ETFs in the United States. The cancellation involves the Solana Staking ETF, XRP ETF, and LTC ETF.

November 29th, according to Onchain Lens monitoring, in the past 10 minutes, BlackRock received 300 BTC from Coinbase, worth $27.51 million, and 16,629 ETH, worth $50.64 million.Over the past three days, they have received 4,044 BTC worth $354 million and 80,121 ETH worth $235 million.

November 29, according to HyperInsight monitoring, the "Swing Buddy" has initiated a swing trading mode, conducting high-frequency trading tonight, with high sells and low buys of Ethereum and HYPE. The overall strategy still focuses on net accumulation.As of the time of writing, its ETH long position has increased to $23.92 million, and its HYPE long position has increased to $7.09 million. The unrealized gains from this round of trading have reached $535,000.

November 28th, in response to the previous doomer's claim of a "Coinbase Leak Revealing OpenSea's $150 Million Public Sale," OpenSea CMO Adam Hollander stated: "Fake."

November 28th, according to GMGN market data, the Solana ecosystem meme coin WOJAK briefly surpassed a $60 million market cap, currently reported at $58.58 million, with a 24-hour increase of over 38%.BlockBeats reminds users that Meme coin prices are highly volatile, and users should invest cautiously.

November 28th, according to Onchain Lens monitoring, a newly created wallet received 20,532 ETH worth $62.85 million from Bitgo, possibly belonging to BitMine.

November 28th, according to TheDataNerd monitoring, a trader with over $10 million in profit has just opened a 3x long Bitcoin position on Hyperliquid, worth approximately $84.19 million, at an entry price of $91,438.

November 28th, according to Yonhap News Agency, South Korea's Financial Services Commission Chairman Eun Sung-soo stated at the "19th Anti-Money Laundering Day" event that South Korea will further strengthen cryptocurrency anti-money laundering regulation. The scope of the "Travel Rule," also known as the "Cryptocurrency Real-Name System," will be expanded to cover small transactions below 1 million Korean won (about $680) to address existing regulatory blind spots. When domestic virtual asset exchanges in Korea receive cryptocurrency deposits/withdrawals exceeding 1 million Korean won, they must collect information such as the sender's and receiver's names and wallet addresses. This is aimed at preventing money laundering activities that may circumvent this requirement in the future.Chairman Eun emphasized that regulatory authorities will crackdown on money laundering activities using virtual assets and prohibit virtual asset transactions with overseas exchanges deemed to have a high risk of money laundering. South Korea will also establish a more rigorous review system to comprehensively examine the criminal records, financial status, and social credit of virtual asset business operators and their major shareholders to strengthen industry entry barriers.