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21:30
BTC fell below $91,000, down 1.47% on the day.
According to Huoxun Finance, on November 29th, OKX market data shows that BTC has just fallen below $91,000 and is currently trading at $90,994.90 per coin, down 1.47% on the day.
17:03
Bubblemaps: IRYS airdrop suspected of being manipulated by a 900 wallet cluster, which has already cashed out $4 million.
Huoxun Finance reported on November 28th that, according to Bubblemaps, IRYS launched two days ago and airdropped 8% of its tokens to early users. However, approximately 20% of these were claimed by a group of 900 newly created wallets. These addresses had been partially funded by Bitget before the launch and had no on-chain activity records. These addresses have now transferred $IRYS to their new wallets and sent them to Bitget, realizing approximately $4 million in cash.
17:02
Terminal Finance: The project has been shut down due to difficulties in developing the Converge blockchain. The protocol codebase will be open-sourced later.
Odaily Planet Daily reports that Ethena's ecosystem project, Terminal Finance, has announced its closure on the X platform with a lengthy post. The details are as follows: "It is with a heavy heart that we announce we will not be launching the Terminal service. The reasons for this decision are as follows: Terminal was initially designed to be the liquidity hub for @convergeonchain. We completed the entire codebase and were ready to launch in Q1 2025. However, the Converge chain did not launch as scheduled, and there seem to be no plans for a launch in the near future. This has left us with deposits and a complete protocol, but lacking the ecosystem to support our services. We explored various transformation options, but none were compelling enough. Each option had substantial obstacles: limited support, low asset integration potential, unclear long-term prospects, etc. Ultimately, we are not confident that any of these paths will lead to a successful long-term project. Launching a project for the sake of launching a project goes against our principles. Maintaining integrity is paramount. To Roots holders: All principal is guaranteed, and all user deposits are guaranteed 1:1. Participants can withdraw deposits at a 1:1 ratio. Each current Pendle position is entitled to earn Ethena Sats, associated sUSDe yield, and EtherFi." Points. To our supporters, LPs, and ambassadors—we are deeply sorry. This was a difficult decision, and we know it's painful for everyone. Today, we have all lost something. But we believe this is the most honest and responsible way forward. We will open-source the fully audited protocol codebase. Terminal is designed as a MetaDEX that employs a novel mechanism to address impermanent loss derived from yields and re-injects yields into the market to 'bribe' it, thereby fundamentally improving the model's economics. Thank you for your support along the way.
16:36
BlackRock received $78.15 million worth of BTC and ETH from Coinbase in the past 10 minutes.
According to Onchain Lens monitoring, BlackRock received 300 BTC (worth $27.51 million) and 16,629 ETH (worth $50.64 million) from Coinbase in the past 10 minutes. Furthermore, BlackRock has received a total of 4,044 BTC (worth $354 million) and 80,121 ETH (worth $235 million) in the past three days.
16:31
Bitmine increased its holdings by over 20,000 ETH, worth $63.32 million.
According to Lookonchain, Bitmine, led by TomLee, has just purchased another 20,532 ETH, currently valued at approximately $63.32 million.
16:31
OpenSea executives deny Coinbase leaked news of a $150 million token sale.
Huoxun Finance reported on November 28 that, in response to Doorr's report that "Coinbase allegedly leaked information about OpenSea's $150 million ICO," OpenSea's Chief Marketing Officer, Adam Hollander, commented that it was "fake," denying the rumors.
16:30
BTC fell below 91,000 USDT, a 0.23% drop in the last 24 hours.
According to OKX market data, BTC has fallen below 91,000 USDT and is currently trading at 90,993.8 USDT, a 24-hour decrease of 0.23%. (This news item was generated with AI assistance.)
16:22
SOL fell below 140 USDT, a 1.42% drop in the last 24 hours.
According to OKX market data, SOL has fallen below 140 USDT, currently trading at 139.98 USDT, a 24-hour drop of 1.42%. (This news item was generated with AI assistance.)
16:01
Coinbase suspected of prematurely leaking information about OpenSea's $150 million token sale.
According to Huoxun Finance on November 28, Doomer reported that Coinbase briefly posted and then deleted content indicating that OpenSea would be selling $SEA tokens on the Coinbase platform next week, with a total valuation of $3 billion, a unit price of 0.3 USDC, and the tokens sold representing 5% of the total supply. There is no lock-up period, and the expected fundraising amount is $150 million.
16:01
Upbit transferred 20,000 ETH to an unknown wallet, worth over $61.2 million.
According to Huoxun Finance on November 28, WhaleAlert monitoring revealed that an Upbit wallet address just transferred 20,000 ETH to an unknown address, equivalent to approximately $61.2 million at the current price.
15:48
OpenSea CMO: $150 million public offering news is fake news.
According to Odaily Planet Daily, in response to Door's previous post claiming that "Coinbase leaked OpenSea's $150 million public offering," OpenSea CMO Adam Hollander commented, "Fake."
15:40
Tom Lee's Bitmine bought another 20,532 ETH, worth $63.32 million.
According to Lookonchain, Bitmine, owned by Tom Lee (@fundstrat), has purchased another 20,532 ETH, worth $63.32 million.
15:36
Binance's API update to support Chinese language may have influenced the surge in Meme tokens (Binance Life) by over 30% in a short period.
Odaily Planet Daily reports that Binance has updated its API to support Chinese. Possibly influenced by this news, GMGN data shows that the meme token, Binance Life, surged by over 30% in a short period.
15:35
Spot gold and silver prices continued to rise, reaching $4,200 per ounce and breaking through the $55 mark, respectively.
According to Huoxun Finance, on November 28th, spot gold continued its upward trend, surpassing $4200 per ounce for the first time since November 14th, with a daily increase of over 1%. Meanwhile, spot silver broke through $55 per ounce, setting a new all-time high, with a daily increase of over 3%.
15:27
Opinion: XRP technical charts and on-chain data suggest it may rebound to $2.80 in the short term.
According to Odaily Planet Daily, XRP prices have rebounded nearly 21% from their November 21 lows, with multiple technical, on-chain, and fundamental indicators suggesting a potential rise to $2.80 in the short term. Technical analyst Crypto Batman stated that the XRP four-hour chart is forming a bullish pennant, a strong continuation pattern. If the XRP price closes above the upper trendline of this pattern at $2.22, it could potentially rise further to the pennant's target price of $2.80. Furthermore, the V-shaped reversal pattern on the daily chart, along with a bullish crossover in the Moving Average Convergence Divergence (MACD) indicator, also supports a price rebound to $2.70. On the on-chain data front, Glassnode data shows that XRP balances on exchanges have decreased by over 45% to 2.6 billion tokens in the past 60 days, indicating a lack of selling pressure from holders. Meanwhile, CryptoQuant's 90-day Cumulative Volume Difference (CVD) for spot takers is positive, indicating that buy orders dominate and demand is rebounding. Fundamental factors show that the US spot XRP ETF has recorded net inflows for nine consecutive days since its launch, indicating strong institutional demand. According to SoSoValue data, the XRP ETF saw an inflow of $2.81 million on Thursday, bringing the cumulative net inflow to $643 million. The 21Shares spot XRP ETF is expected to launch on Monday, and more ETFs are still awaiting approval, which could provide further impetus to the XRP price. (Cointelegraph)
15:24
20,000 ETH were transferred out of Upbit, worth $61.21 million.
According to Whale Alert, as reported by Odaily Planet Daily, 20,000 ETH, worth $61.21 million, were transferred from Upbit to an unknown wallet.
15:08
An entity claimed 20% of the IRYS airdrop through a cluster of 900 wallets and has already sold $4 million worth.
According to Bubblemaps, an entity used 900 identical wallet clusters that were funded before the token's launch to claim 20% of the IRYS airdrop rewards and has already sold tokens worth $4 million.
15:05
Crypto.com donated HK$10 million to support fire relief efforts in Tai Po, Hong Kong.
Huoxun Finance News, November 28 - Crypto.com, a cryptocurrency exchange, announced that it has donated HK$10 million to the Hong Kong Red Cross to support residents affected by the Tai Po fire and related relief efforts, expressing its support and care for the affected community.
15:05
Spot silver rose more than 2% intraday, setting a new all-time high of $54.5 per ounce.
According to Huoxun Finance, on November 28, spot silver broke through the high point set on October 17, refreshing the historical record to $54.5 per ounce, with a daily increase of more than 2%.
15:05
Bitwise purchased 93167 SOL shares of Solana ETF (BSOL).
According to Huoxun Finance on November 28, on-chain data shows that Bitwise bought 93,167 SOL in the past hour, amounting to approximately $13.15 million.
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