November 29th. On the night of November 27th to the early morning of the 28th local time, a critical data center used by the CME Group in the United States experienced a more than 10-hour service interruption due to overheating. It is reported that this critical data center is located in Aurora, a western suburb of Chicago. After a cooling equipment failure, the temperature in the data center rose to nearly 49 degrees Celsius, exceeding the industry's maximum temperature threshold of about 48%, resulting in the service disruption.It is currently unclear why CME Group did not activate its backup data center in the New York area. Some insiders speculate that the reason may be that large traders quoted by CME Group have insufficient technical infrastructure at the backup data center and therefore prefer to wait for the Aurora facility to be restored. (Jinse Finance)

November 29th, according to Coinglass data, in the past 24 hours, the total net inflow of BTC on CEXs was 22,781.88 BTC, with the top three CEXs by inflow volume as follows:· Kraken with a net inflow of 11,056.56 BTC;· Bitfinex with a net inflow of 3,890.00 BTC;· OKX with a net inflow of 2,403.16 BTC.Additionally, Gate had a net outflow of 7.16 BTC, ranking first in the outflow list.

November 29, Co-founder of Alliance DAO, QwQiao, wrote, "I don't think L1 tokens are necessarily a bad investment. Of course, I won't short them either. It's just that I can't convince myself that they are a particularly good investment.In a universe with thousands of optional assets, you can always find a small group of high-quality assets rated 9/10 to hold. So why bother with 7/10 assets?I can sleep more soundly because every asset I hold has a strong moat, is in an exponentially growing track, and is reasonably valued."Yesterday, QwQiao stated that it's difficult to convince oneself to hold L1 tokens long-term because there is no "moat."

November 29th, according to Coinglass data, if Bitcoin breaks through $92,000, the cumulative short liquidation intensity of mainstream CEX will reach 557 million.On the contrary, if Bitcoin falls below $89,000, the cumulative long liquidation intensity of mainstream CEX will reach 838 million.BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to adjacent liquidation clusters, that is, the intensity.Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity tsunami when it reaches that level.

November 29, as the United States intensified pressure to ensure a peace agreement in the nearly four-year conflict between Russia and Ukraine, the two countries launched night-time airstrikes against each other, with one missile targeting Kyiv and a Russian refinery catching fire.Kyiv Mayor Vitali Klitschko said a large-scale attack on the Ukrainian capital resulted in two deaths, at least 29 injuries, with 19 people hospitalized. The city's air raid sirens lasted for 12 hours, leaving 500,000 people without power on Saturday morning.Meanwhile, the Russian Black Sea coastal region of Krasnodar was hit by drone attacks, leading to a fire at the Afipsky refinery, causing unspecified damage to the technical equipment. (FXStreet)

November 29th, according to Onchain Lens monitoring, a whale address that "switched to spot trading after a large contract loss" purchased another 1000 ETH from HyperLiquid 2 hours ago. This whale currently holds 7066 ETH worth $21.22 million and has 4.78 million USDC sitting idle, likely preparing for more ETH purchases.Reportedly, this address had previously lost $8 million through contract trading and has since shifted to spot trading.

November 29, According to official sources, the MGBX platform will launch the "Year-End Finale Gift Pack" event from December 1 to December 15, 2025 (SGT), targeting newly registered users. During the event, users who complete tasks such as real-name authentication, deposit, and contract trading can unlock corresponding rewards in stages, with the highest reward being a 6,888 USDT contract trial fund.

November 29, the People's Bank of China held a meeting of the Work Coordination Mechanism to Combat the Speculation of Virtual Currency Trading. Officials from the Ministry of Public Security, Cyberspace Administration of China, Central Financial Work Leading Group Office, Supreme People's Court, Supreme People's Procuratorate, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Justice, People's Bank of China, State Administration for Market Regulation, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, and State Administration of Foreign Exchange attended the meeting.The meeting pointed out that in recent years, various units have earnestly implemented the decisions and deployments of the Party Central Committee and the State Council, in accordance with the requirements of the "Notice on Further Preventing and Dealing with the Risks of Speculation in Virtual Currency Trading" jointly issued in 2021 by the People's Bank of China and ten other departments, resolutely cracking down on the speculation of virtual currency trading, rectifying the chaos in the virtual currency market, and achieving significant results. Recently, influenced by various factors, speculation and hype in virtual currencies have resurfaced, and related illegal and criminal activities have occurred from time to time, posing new situations and challenges to risk prevention and control.The meeting emphasized that virtual currency does not have the same legal status as legal tender, does not have legal tender status, and should not and cannot be used as currency in the market circulation. Activities related to virtual currency belong to illegal financial activities. Stablecoins are a form of virtual currency that currently cannot effectively meet requirements such as customer identification and anti-money laundering, posing risks of being used for money laundering, fraudulent fundraising, illegal cross-border fund transfers, and other illegal activities.The meeting demanded that all units adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 19th National Congress of the Communist Party of China and the various plenary sessions of the 20th Central Committee, take risk prevention and control as the eternal theme of financial work, continue to adhere to the prohibitive policy toward virtual currency, and persistently crack down on illegal financial activities related to virtual currency. All units should deepen coordination, improve regulatory policies and legal basis, focus on key areas such as information flow and fund flow, enhance information sharing, further enhance monitoring capabilities, vigorously crack down on illegal and criminal activities, protect the property security of the people, and maintain the stability of economic and financial order.

November 29, according to Hyperinsight monitoring, the "1011 Insider Whale" has just opened a new 5x ETH short position with a position size of $15 million (5000 ETH), entry price at $3,001.81, and liquidation price at $5,056.

November 29th - According to official sources, trading of GaiAi (GAIX) on Binance Alpha will start on November 29, 2025, at 16:00 (UTC+8).Users holding at least 256 Binance Alpha points can claim a token airdrop. Claim 400 GAIX tokens on the Alpha event page. If the event is ongoing, the score threshold will automatically decrease by 5 points every five minutes.Claiming the airdrop will cost 15 Alpha points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be considered a waiver of the airdrop.