MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

On December 8, Bitwise CIO Matt Hougan tweeted that Harvard University drastically expanded its Bitcoin holdings in Q3—boosting them from $117 million to $443 million—while also increasing its gold ETF allocation from $102 million to $235 million. Harvard is placing bets on currency devaluation trades and favors Bitcoin over gold with a 2:1 allocation ratio.

On December 8, Chinese crypto analyst Banmuxia said in a post: “This week, the Fed’s rate cut and balance sheet expansion will normalize tight liquidity. A broad rally is expected this week (U.S. stocks, crypto, precious metals, etc.), and next month could also see a broad uptick.” Banmuxia also referenced an article published November 11, noting: “Starting in December, the Fed will pause its balance sheet reduction and may begin expanding it. Liquidity will then normalize—similar to October 2019. The real liquidity flood will wait until May next year, when Trump controls the Fed, echoing March 2020.”

As of December 8th, official sources confirm the Stable mainnet will launch today at 9:00 PM Beijing time (8:00 AM Eastern Time). As of press time, Polymarket odds show an 86% chance the Stable Token’s fully diluted valuation (FDV) will exceed $20 billion on its first day, while the probability of its market cap topping $40 billion sits at just 20%. STABLE’s pre-launch price on top exchanges is currently $0.035, translating to an FDV of $35 billion.

On December 8, Fortune reported that Binance has secured full regulatory authorization from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), marking it the first cryptocurrency exchange to obtain a global license under the ADGM framework. A Binance spokesperson declined to comment when asked if the exchange has relocated its headquarters to Abu Dhabi.

**December 8th Update** CZ addressed a community question about whether his Twitter account is self-run or team-managed, stating: “My assistant has account access but rarely posts—this is all me just posting randomly.” Earlier, the community raised concerns about whether a Binance official Twitter account or an insider launched a specific meme coin at 13:29:45 yesterday. Binance’s official Twitter posted related promo content at 13:30:00, which matched the theme of that meme coin. Binance Customer Support responded: “We’ve noted the feedback and are conducting an internal review. We have zero tolerance for any corrupt practices involving listings or other issues. We’ll inform the community promptly once the investigation results are confirmed.”

On December 8th, Grayscale research analyst Will Ogden Moore noted: “Bitcoin’s history shows that even as rewards decline, a supply reduction can boost network value—its security and market cap have strengthened through four consecutive halvings. Similarly, Bittensor’s first halving marks a key milestone in the network’s maturation as it heads toward its 21 million TAO supply cap.” Moore added that Bittensor is currently seeing strong adoption momentum, with institutional interest steadily growing. Moore also highlighted that the February launch of dTAO was a major win for Bittensor: the mechanism lets subnets secure direct investment, driving a sharp expansion in their total market value. “We believe early success for some subnet-based apps, growing institutional capital in the Bittensor ecosystem, and the upcoming TAO halving could all act as positive catalysts for price appreciation,” Moore wrote. (The Block)