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 HTX market data, Bitcoin briefly dropped below $91,000, currently trading at $91,205, with a 1.26% decrease in the past hour.

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.