Edgen Crypto·Nov 05 2025, 23:25
[1] Crypto Today: Galaxy cuts 2025 Bitcoin target to $120K (https://cointelegraph.com/news/what-happened- ...)[2] Crypto ETFs See Broad Outflows Amid Market Risk-Off Shift - FinanceFeeds (https://www.financefeeds.com/crypto-etfs-see- ...)[3] Galaxy Lowers Bitcoin Price Forecast to $120K Citing Headwinds and ETF Flows (https://vertexaisearch.cloud.google.com/groun ...)
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Nov 06 2025, 03:59
Monad Sets November 24, 2025 Mainnet Launch; Japan Embraces Government-Backed Bitcoin Mining; US Crypto Legislation Faces Delays
## Executive Summary Monad, a new Layer 1 blockchain, has scheduled its mainnet launch and native token distribution for November 24, 2025. Concurrently, Japan has emerged as the eleventh nation to officially support **Bitcoin** mining, marking a significant development in global digital asset adoption. In the United States, however, efforts to establish comprehensive cryptocurrency market structure legislation face potential delays due to the prospect of a government shutdown, raising concerns about regulatory certainty. ## The Event in Detail ### Monad's Mainnet Launch and Technological Advancements **Monad** is set to launch its Layer 1 blockchain and distribute its native **MON** token on November 24, 2025. The platform aims to address scalability challenges prevalent in existing **EVM**-compatible blockchains through a custom parallel execution engine and **MonadDb** system. This architecture is designed to achieve sub-second finality while maintaining full **EVM** compatibility. The testnet, launched in February 2025, has processed over 2.44 billion transactions, demonstrating a target throughput of 10,000 transactions per second (TPS). Key differentiators include a 400ms block time and 800ms finality. Over 225,000 verified crypto users and 5,500 **Monad** community members are eligible for the initial token distribution. Market interest is evident in the active speculation on the unlaunched **MON** token via the **MON-USDC** hyperp contract on **Hyperliquid**. ### Japan Embraces Government-Backed Bitcoin Mining Japan has become the eleventh country to support **Bitcoin** mining with official resources, as reported by VanEck’s Matthew Sigel. This initiative follows a strategic deal between **Canaan**, a prominent **Bitcoin** mining hardware company, and a Japanese utility provider. The partnership will utilize **Avalon** mining rigs to efficiently manage regional grid load. The utility plans to operate these rigs during periods of excess electricity generation, thereby stabilizing the grid while simultaneously mining **Bitcoin**. Following this announcement, **Canaan's** stock (**CAN**) surged by 14.5%, trading at $1.42, with daily trading volume reaching 24 million shares. ### US Regulatory Landscape and Legislative Delays The U.S. government
Nov 06 2025, 02:59
City Protocol and Mocaverse Launch $MOCASTR to Tokenize IP and Drive NFT Market Growth
## Executive Summary City Protocol and Mocaverse have officially launched **$MOCASTR**, a tokenized strategy asset, marking a significant development in the financialization of intellectual property (IP) within the Web3 ecosystem. This collaboration aims to establish a self-sustaining financial cycle for high-value IP assets. Following its launch on the **Solana** blockchain on October 29, 2025, the initiative resulted in a 15% increase in the **Mocaverse NFT** floor price within 48 hours and delivered an annualized yield of approximately 20% in its first operational cycle. ## The Event in Detail **Mocaverse**, initially an 8,888 PFP NFT collection, has evolved into a comprehensive ecosystem encompassing **Mocas NFT**, **Moca ID**, and the **Realm Network**, alongside the **Moca** token. With approximately 1.5 million minted Moca IDs, Mocaverse’s mission is to foster interoperability across the Web3 space. **City Protocol** has been at the forefront of "on-chain IP financialization," developing the Digital Asset Treasury (DAT) architecture. Backed by investments from **Jump Crypto**, **Dragonfly**, and **CMT Digital**, City Protocol aims to cultivate a $100 billion IP capital market on the blockchain. The **$MOCASTR** token operates through a strategy-driven treasury mechanism. It implements a 2.5% transaction fee, which is then utilized to fund **NFT** buybacks and resales. This model generates profits for token holders and provides direct cash flow support for the token's value. In its inaugural cycle, the treasury successfully completed the buyback of 40 **Mocaverse NFTs**, directly contributing to the notable increase in the collection's floor price. ## Market Implications This initiative introduces a structural innovation to **NFT** markets, directly addressing the prevalent liquidity challenges faced by digital assets. By enabling **IP** assets to generate continuous value through on-chain financial mechanisms, **$MOCASTR** facilitates a shift from short-term speculation to long-term value accumulation for projects like **Mocaverse**. The model presents a potential new paradigm for **Web3 IP**, moving beyond static speculative assets towards sustainable, revenue-generating economies. The success of **$MOCASTR** could pave the way for broader corporate adoption of similar tokenization strategies for intellectual property. ## Expert Commentary Tyler Durden, Head of **Mocaverse**, has emphasized the project's philosophy, stating, "We believe the project's NFT holders are also its co-founders," highlighting a community-centric approach. The collaboration between **Mocaverse** and **City Protocol** strategically positions **Mocaverse** as the cultural asset and market draw, while **City Protocol** provides the algorithmic engine and capital management infrastructure. Future directions for **City Protocol** include optimizing strategy treasury execution parameters, enhancing cross-IP collaboration capabilities, and increasing on-chain governance participation. ## Broader Context **City Protocol** envisions a comprehensive ecosystem for **IP** growth, encompassing verification, growth engines, and on-chain launchpads, with an ultimate goal of unlocking trillions in value by decentralizing **IP** management. Its AI-driven growth scaling engine, powered by tools such as **City ID**, **Viral City**, and **The Totem Toy City**, is designed to amplify **IP** impact, drive viral distribution, and extend virtual IPs into real-world brands. While the **Web3** space continues to navigate regulatory uncertainties and challenges in protecting **IP** rights on decentralized networks, City Protocol's framework aims to provide a structured and financially viable solution. This is further underscored by **Mocaverse**'s partnership with **SK Planet**, aiming to onboard 28 million KYC'd members to **Web3** by integrating **Mocaverse**'s Realm SDK into **SK Planet**'s digital ecosystem.
Nov 06 2025, 02:45
Opinion Protocol Launches Mainnet on BNB Chain, Attracting Over 100,000 Registrations
## Executive Summary Opinion, a prediction market protocol, has successfully launched its mainnet on the BNB Chain. Backed by YZi Labs, an investment firm with ties to Binance, the platform rapidly acquired over 100,000 registrations within two hours, establishing itself as a significant player in the decentralized event trading sector. ## The Event in Detail Opinion's mainnet has officially commenced operations on the **BNB Chain**, initially inviting a select group of core community members to participate in trading. This selective access includes whitelisted users, alongside the introduction of a comprehensive rebate and points system. The protocol aims to construct a decentralized event trading layer on **BNB**, incorporating AI-driven functionalities. This strategic launch quickly propelled Opinion to become the third-largest prediction market, demonstrating substantial early-stage adoption and market interest. During the week of October 27, 2025, Opinion Labs attracted $748.8 million in notional volume, becoming the only prediction market besides Kalshi and Polymarket to exceed $700 million in weekly trading volume. ## Business Strategy & Market Positioning Opinion Labs, backed by **YZi Labs** and Limitless, positions itself to challenge the duopoly of established prediction market platforms such as **Kalshi** and **Polymarket**. While **Polymarket** excels in liquidity through structured rewards and **Kalshi** leads in regulatory compliance as a licensed event exchange, Opinion Labs distinguishes itself with gamified incentives and community-driven engagement. The platform distributes weekly point pools to participants, rewarding consistent interaction and community activity, which fosters strong early-stage participation and maintains accessible entry barriers for Web3 users. This approach aims to bridge the gap between regulated Web2 platforms and decentralized Web3 ecosystems. ## Broader Market Implications The launch of Opinion on the **BNB Chain** is poised to drive increased activity and attention to the ecosystem, potentially fostering wider adoption of prediction markets and enhancing the value proposition of the **BNB** token. **YZi Labs**, formerly known as Binance Labs, announced a $1 billion Builder Fund on October 8, 2025, to support early-stage founders within the **BNB** ecosystem, with a focus on projects integrating Web3, AI, and biotech. This investment aligns with **BNB Chain**'s broader mission to make AI more accessible, as evidenced by collaborations like WORLD3 and 4AIBSC in creating a decentralized AI marketplace. Opinion's integration into this evolving ecosystem could further stimulate innovation in decentralized event trading. However, the broader Web3 landscape also faces challenges, including widespread contract breaches among projects, with Chainalysis estimating that almost 15 percent of new projects in 2025 have not fulfilled their promised token unlocks. CoinTelegraph reports that only 20 percent of Web3 projects perform independent smart contract audits before launching, exposing investors to risks. ## Expert Commentary Market analysts note that the rapid traction gained by Opinion Labs underscores a growing demand for decentralized prediction markets that combine user engagement with robust underlying technology. The platform's strategy of leveraging gamified incentives to attract and retain users is seen as a key differentiator in a competitive landscape dominated by platforms prioritizing liquidity or regulatory compliance. Its integration within the **BNB** ecosystem, supported by **YZi Labs**' strategic investments, positions it to capitalize on the convergence of Web3 and AI technologies. The success of such platforms, however, remains contingent on maintaining trust, transparency, and addressing the inherent risks associated with smart contract vulnerabilities and unfulfilled project promises prevalent in the broader crypto market.