State Council: Implement and Refine the Moderately Loose Monetary Policy

Dec 8 — CryptoQuant analyst Darkfost noted in a recent article that altcoins have largely underperformed in the current cycle, leading investors to be more cautious about altcoin picks. However, latest trading volume data suggests the market may be shifting into a phase more favorable for Dollar Cost Averaging (DCA) into altcoins. New data shows the 30-day trading volume of altcoin-stablecoin pairs has again fallen below its annual average — a range historically linked to accumulation phases, where investors betting the bull run will continue can gradually build positions. The analysis adds this low-volume phase could last weeks or even months, giving investors plenty of time to refine their DCA strategies. But given heightened market uncertainty, investors should also map out stop-loss and risk invalidation plans to hedge against deeper declines. The current cycle has already underscored: timely profit-taking will be critical when volume rebounds and sentiment turns positive.

**December 8th** Coinglass data indicates: - Over the past 4 hours, total network-wide liquidations hit **$50.63 million**, with **$6.0198 million in long positions** and **$44.6113 million in short positions** wiped out. - In the last 24 hours, **129,131 traders globally were liquidated**, totaling **$474 million in value**. The biggest single liquidation was on Hyperliquid (ETH-USD pair) at **$17.8128 million**.

December 8 — CoinShares’ latest weekly report shows digital asset investment products saw net inflows of $7.16 billion last week, pushing total assets under management (AUM) to $180 billion — still well below the all-time high of $264 billion. Bitcoin led inflows with $3.52 billion, while XRP ($2.45 billion) and Chainlink ($52.8 million — a record inflow equal to 54% of its AUM) also saw strong demand. Products shorting Bitcoin posted significant outflows, signaling easing negative sentiment. Nearly all global regions recorded inflows, with the U.S. ($4.83 billion), Germany ($96.9 million) and Canada ($80.7 million) leading the pack.

On December 8, Elon Musk proposed deploying a localized AI satellite in sun-synchronous orbit and building a satellite factory on the Moon, aiming to add gigawatts of computing power annually to advance toward a "Kardashev Type II civilization." Google’s "Sun Catcher" initiative and Amazon’s LEO project are also betting on space-based computing power to ease the strain AI places on data centers and electricity grids. BiyaPay analysts believe that once space-based computing power is established, it will reshape the global computing power and settlement network—benefiting cross-border payments and digital asset transactions. As a multi-asset trading wallet, BiyaPay already supports trading USDT for U.S. stocks, Hong Kong stocks, and futures, and offers zero-fee cryptocurrency spot contracts.

**ASTER Updates: Daily Repurchase Hiked to $4M/Q4; Price Rebounds 9.7%** As of 11:00 AM ET on December 8th, Aster’s official announcement (via [https://www.asterdex.com/en-US/referral/aboter](https://www.asterdex.com/en-US/referral/aboter)) confirmed its Q4 daily repurchase amount has been raised from the prior $3 million to $4 million, effective immediately. The statement added: *“This acceleration has allowed us to promptly upload accumulated fourth-quarter fees (collected since November 10th) to the blockchain, providing additional support amid market volatility.”* Per HyperInsight monitoring (via [https://t.me/HyperInsight](https://t.me/HyperInsight)): - ASTER’s price dipped to $0.89 this morning, approaching CZ’s entry price before staging a sharp rebound—posting a ~9.7% gain over 12 hours. - The “Shanzhai Air Force Leader” whale is now the largest ASTER short position holder on Hyperliquid. After ASTER fell below $0.95 yesterday, the whale has been closing positions.

December 8th: The Polymarket prediction market on “Will Trump release Epstein files by December 19th/31st?” is currently split between legal clarity and cautious market expectations. Trump signed the Epstein Transparency Act on November 19th, explicitly mandating the Department of Justice (DOJ) to release all unclassified documents within 30 days of the signing—setting the statutory deadline at December 19th. Yet despite this legal requirement, the market pegs the probability of release by December 19th at just ~56%, and release by December 31st at only 70%. This uncertainty stems from the market’s strict settlement rules: the ruling requires the executive branch to proactively release the documents via official websites, press releases, etc., with substantive content on Jeffrey Epstein’s illegal activities. Unsealing by federal courts, release by Congress, or metadata without substantive content does not qualify. Traders broadly worry that while the DOJ must comply with the a