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BiyaPay Analyst: Musk's Space AI Plan, Annual Launch of One Million Tons of Satellites to Build Moon Factory

1 hours ago

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.
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Mainstream Perp DEX Overview: Lighter Dominates Top Spot for 10 Consecutive Days, Trading Volume Keeps Aster and Hyperliquid in Check

On December 8, data from DefiLlama reveals that across Perpetual DEXs (Perp DEXs) over the past 24 hours, leading platforms saw a slight uptick in trading volume compared to the previous day. Lighter has held the top spot for 10 consecutive days, while Aster remains in second place. Key metrics for major Perp DEXs are as follows: - **Lighter**: ~$8.22B 24h trading volume | ~$1.37B TVL | $1.65B open interest - **Aster** [https://www.asterdex.com/en-US/referral/aboter]: ~$6.48B 24h trading volume | ~$1.39B TVL | $2.53B open interest - **Hyperliquid** [https://app.hyperliquid.xyz/join/NTOD]: ~$6.22B 24h trading volume | ~$4.41B TVL | $5.96B open interest - **EdgeX**: ~$5.13B 24h trading volume | ~$407M TVL | $796M open interest - **ApeX**: ~$3.05B 24h trading volume | ~$46.8M TVL | $89.42M open interest - **Backpack**: ~$1.25B 24h trading volume | TVL undisclosed | $2.03B open interest - **Variational**: ~$1.14B 24h trading volume | ~$72.86M TVL | $320M open interest -

3 minutes ago

Two institutions have increased their ETH holdings by 9000 coins in the last 3 hours.

**ETH Accumulation: Institutions Ramp Up Binance Withdrawals (Dec 8)** Per Lookonchain monitoring as of December 8th, crypto institutions are accelerating their ETH holdings, with two large recent withdrawals from Binance: - Amber Group withdrew 6,000 ETH (~$18.8M) from Binance ~2 hours ago - Metalpha withdrew 3,000 ETH (~$9.4M) from Binance ~3 hours ago This version uses concise, American English phrasing (e.g., "ramp up" for "accelerate," "~" for "approximately") and follows the structure of real-time crypto alerts common in U.S. media/communities. The headline is punchy, and key details are organized for quick scanning.

3 minutes ago

New York Mellon: This Week the Fed Will Cut Rates Hawkishly, Dot Plot Expected to Reveal Policy Rift

**Mellon Bank Analyst Note: Markets Price In December Fed Cut, But Hawkish Tone Looms** December 8 – A Mellon Bank analyst said in a report that markets have fully priced in expectations of a Federal Reserve rate cut this month, but a growing consensus sees the move as a **hawkish cut**. Further monetary easing will hinge on either weaker economic data in March and June 2026 or additional inflation declines, the analyst noted. The impending Fed chair transition also poses a risk, as markets will gauge the policy leanings of the new leadership. Additionally, the FOMC’s upcoming dot plot is likely to confirm recent internal divisions among committee members over policy stance. Committee members are expected to have sharply divergent views on 2026 policy direction, reflecting the two-sided economic risks anticipated, the report added. ### Key Notes on U.S. Language Habits: 1. **简洁性(Concision)**: Used financial jargon like *price in* (替代原句的digest expectations)、*hawkish cut* (常

3 minutes ago

QCP: Market Focused on This Week's Fed Meeting, Bitcoin Experiences Year-End Liquidity Crunch and Severe Volatility

December 8: QCP’s daily market note noted that Bitcoin (BTC) saw sharp volatility in the $88k-$92k range on Sunday, while Ethereum (ETH) surged quickly from $2,910 to $3,150. Year-end liquidity is thinning, making markets particularly sensitive to small capital flows. Despite the strong swings, liquidations have been minimal—signaling shrinking market participation and open positions this quarter. Open interest for BTC and ETH perpetual contracts has fallen 40-50% from October’s peak, and retail sentiment is back to bear-market territory. Supply conditions are tightening sharply: ~25,000 BTC left exchanges in the past two weeks, ETF and corporate holdings have surpassed exchange balances for the first time ever, and ETH exchange reserves are near a decade-low. This points to institutions quietly accumulating as retail investors exit. All eyes are on Wednesday’s FOMC meeting. While the market widely expects a 25bp rate cut, balance sheet guidance will set the year-end direction

3 minutes ago

AllScale has completed a $5 million seed round financing, with YZi Labs leading the investment.

On December 8, AllScale — the world’s first self-custodial stablecoin digital bank — announced that it has closed a $5 million seed funding round, led by YZi Labs, Informed Ventures, and Generative Ventures.

3 minutes ago

Analysis: Shitcoin Trading Volume Drops Below Annual Average, Market Enters "Buy the Dip Zone"

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.

3 minutes ago