**[Galaxy Digital Lowers Bitcoin Year-End Price Prediction to $120,000]** Galaxy Digital's Head of Research, Alex Thorn, lowered Bitcoin's year-end price target from $185,000 to $120,000 in a client report released on Wednesday. He noted that while Bitcoin's structural investment logic remains robust, cyclical factors are exerting pressure on its price performance. Key reasons include changes in whale distribution, reduced market interest in Bitcoin-related investments, capital flows toward gold, artificial intelligence, and stablecoins as competitive assets, as well as weak performance from treasury companies. Meanwhile, ByteTree Chief Investment Officer Charlie Morris stated that $100,000 could become a significant support level for Bitcoin, while Standard Chartered analyst Geoffrey Kendrick suggested adopting a phased buy-the-dip strategy to navigate market volatility.

The Ethereum Foundation has transferred over $600 million in assets to Safe and collaborated with the CEO of Safe Labs to complete this operation, details of which have not been disclosed yet. （Cointelegraph）

[Monad to Launch Mainnet and Native Token MON on November 24] Monad has announced plans to officially launch its mainnet on November 24 at 9:00 AM Eastern Time (UTC-5), along with its native token MON. According to Nathan Cha, Marketing Director of the Monad Foundation, the project will implement an airdrop program to reward thousands of early members of the Monad ecosystem and approximately 225,000 verifiable on-chain users. The airdrop recipients include active users of decentralized exchanges Hyperliquid and Uniswap, users of lending protocols Aave, Euler, and Morpho, as well as users associated with the meme coin launch platform Pump.fun and Virtuals.

**[RedStone Launches HyperStone Oracle to Support Hyperliquid Permissionless Market]** The decentralized oracle network RedStone has launched a dedicated data oracle, HyperStone, to support Hyperliquid's HIP-3 framework. This oracle is designed to accelerate and optimize the creation of permissionless perpetual contract markets, becoming a key tool for developers to build derivatives markets. HyperStone can provide reliable price data sources for a variety of assets, including cryptocurrencies, tokenized stocks, and real-world assets. Reportedly, HyperStone has been running on the testnet for over 60 days, completing more than 103 million data updates in the ETH, BTC, and TSLA test markets during this period. Additionally, RedStone has secured approximately 99.5% of oracle-protected value on HyperEVM and has become the official price data provider for Hyperliquid's native stablecoin, USDH. This marks RedStone's further expansion within the Hyperliquid ecosystem.

[Harmonic Completes $6 Million Seed Round Financing, Led by Paradigm] Solana infrastructure startup Harmonic announced the completion of a $6 million seed round financing, led by Paradigm. This round also includes angel investments from undisclosed 'key Solana stakeholders,' but specific investor details have not been revealed.