2025-07-14 Monday Blockchain Daily
1. Bitcoin hits a new high, with altcoins (such as Ethereum, Cardano, etc.) rising even more. Since the beginning of July, Bitcoin has increased by 12%, Ethereum by 24%, Cardano by 37%, and some high-risk altcoins have even risen by 76%. Overall, cryptocurrencies with higher risks have performed better recently, but market attention remains low.
2. Mainstream funds drive the rise, while retail enthusiasm is lacking. The current rise in the cryptocurrency market is mainly driven by institutional funds, venture capital, and large amounts of capital, with very low retail participation. Google search interest and social media discussions are far below the previous bull market peaks.
3. Bitcoin's market capitalization reaches a new high, surpassing silver and Amazon, becoming the fifth largest asset globally. Despite this, many still consider Bitcoin to be 'too expensive', but looking back at history, there are always people who think this way at each new high.
4. The U.S. Bitcoin spot ETF has seen over $1 billion inflow for two consecutive days, indicating a high demand for Bitcoin from institutions. The inflow of funds into the ETF far exceeds the daily new output of Bitcoin, with supply and demand driving up the price.
5. Industry news: Controversies and rumors have emerged among CZ (founder of Binance), Coinbase, and Bloomberg, involving topics like stablecoins and the U.S. market. The Czech central bank has purchased Coinbase stock for the first time, indicating that the government is also positioning itself in cryptocurrency assets.
6. Risk warning: Short-term high-leverage trading carries significant risks; recently, well-known trader James Wynn went bankrupt due to high leverage liquidation. Ordinary investors should avoid high-risk operations, as long-term regular investments in quality assets are a more stable strategy.
Attributes create character, character creates money
Character stems from personal quality, and wealth comes from character.
True lasting wealth does not come from speculation or luck, but is built upon a person's inner qualities and character, such as integrity, sense of responsibility, and self-discipline.