{"id":6311,"date":"2026-01-29T03:19:16","date_gmt":"2026-01-28T19:19:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=6311"},"modified":"2026-01-29T03:19:16","modified_gmt":"2026-01-28T19:19:16","slug":"%e6%af%94%e7%89%b9%e5%b8%81-11-2-%e4%b8%87%e7%be%8e%e5%85%83%e6%96%b0%e9%ab%98%e8%83%8c%e5%90%8e%ef%bc%9a%e7%be%8e%e5%85%83%e7%96%b2%e8%bd%af%e4%b8%8e%e6%9c%ba%e6%9e%84%e5%85%a5%e5%9c%ba%e5%8f%8c","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=6311","title":{"rendered":"\u6bd4\u7279\u5e01 11.2 \u4e07\u7f8e\u5143\u65b0\u9ad8\u80cc\u540e\uff1a\u7f8e\u5143\u75b2\u8f6f\u4e0e\u673a\u6784\u5165\u573a\u53cc\u91cd\u63a8\u52a8"},"content":{"rendered":"<p> \u6bd4\u7279\u5e01\u4e8e\u4eca\u6668\u7ad9\u4e0a 11.2 \u4e07\u7f8e\u5143\uff0c\u5237\u65b0\u5386\u53f2\u7eaa\u5f55\u3002 Galaxy \u64b0\u6587\u56de\u987e\u4e86 6 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\u7684\u8dcc\u5e45\u3002<\/p>\n<p>\u6708\u521d\u5e02\u573a\u6574\u4f53\u504f\u5411\u79ef\u6781\uff0c\u6295\u8d44\u4eba\u5bf9\u5b8f\u89c2\u6570\u636e\u4e0e\u5730\u7f18\u5c40\u52bf\u7684\u6d88\u5316\u8f83\u4e3a\u4e50\u89c2\u3002\u7f8e\u4e2d\u8d38\u6613\u7d27\u5f20\u5173\u7cfb\u6700\u521d\u518d\u5ea6\u5347\u6e29\uff0c\u4f46\u4e2d\u7f8e\u4e24\u56fd\u9996\u8111\u901a\u8bdd\u540e\u6709\u6240\u7f13\u548c\u3002\u4e2d\u56fd\u5236\u9020\u4e1a\u91c7\u8d2d\u7ecf\u7406\u4eba\u6307\u6570\u8dcc\u81f3 2022 \u5e74\u4ee5\u6765\u6700\u4f4e\u70b9\uff0c\u7ecf\u6d4e\u5408\u4f5c\u66a8\u53d1\u5c55\u7ec4\u7ec7\u518d\u6b21\u4e0b\u8c03\u5168\u7403\u6210\u957f\u9884\u671f\u3002\u7f8e\u56fd\u65b9\u9762\uff0c\u7ecf\u6d4e\u6570\u636e\u8868\u73b0\u4e0d\u4e00\uff1a\u975e\u519c\u5c31\u4e1a\u6570\u636e\u8d85\u51fa\u9884\u671f\uff0c\u5931\u4e1a\u7387\u7ef4\u6301\u7a33\u5b9a\uff0c\u521d\u8bf7\u5931\u4e1a\u91d1\u4eba\u6570\u610f\u5916\u51cf\u5c11\uff0c\u96f6\u552e\u9500\u552e\u5219\u51fa\u73b0\u56de\u843d\u3002 6 \u6708\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570 (CPI) \u518d\u6b21\u4f4e\u4e8e\u9884\u671f\uff0c\u5f3a\u5316\u4e86\u901a\u81a8\u964d\u6e29\u7684\u89c2\u70b9\u3002\u8054\u51c6\u4f1a\u5728 6 \u6708\u7684 FOMC \u4f1a\u8bae\u4e0a\u8fde\u7eed\u7b2c\u56db\u6b21\u7ef4\u6301\u5229\u7387\u4e0d\u53d8\uff0c\u8868\u793a\u9700\u7b49\u5f85\u66f4\u591a\u5173\u4e8e\u901a\u81a8\u4e0e\u52b3\u52a8\u5e02\u573a\u7684\u660e\u786e\u8baf\u53f7\u3002<\/p>\n<p>\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u5728 6 \u6708\u7ecf\u5386\u6570\u6b21\u77ed\u671f\u51b2\u51fb\u4e8b\u4ef6\uff0c\u5305\u62ec\u5ddd\u666e\u4e0e\u9a6c\u65af\u514b\u5c31\u7a0e\u6536\u653f\u7b56\u7684\u516c\u5f00\u51b2\u7a81\uff0c\u4ee5\u53ca\u5730\u7f18\u7d27\u5f20\u5c40\u52bf\u7684\u77ed\u6682\u5347\u6e29\u3002\u5728 6 \u6708\u5012\u6570\u7b2c\u4e8c\u5468\u5e02\u573a\u627f\u538b\u540e\uff0c\u6bd4\u7279\u5e01\u4f34\u968f\u5e02\u573a\u60c5\u7eea\u6539\u5584\u4e0e\u673a\u6784\u53c2\u4e0e\u5ea6\u63d0\u5347\u800c\u53cd\u5f39\u3002\u6bd4\u7279\u5e01 ETF \u5728 6 \u6708\u7684\u603b\u51c0\u6d41\u5165\u8d85\u8fc7 40 \u4ebf\u7f8e\u5143\u3002\u4ee5\u592a\u574a\u5219\u9762\u4e34\u66f4\u9ad8\u6ce2\u52a8\u4e0e\u66f4\u6df1\u56de\u8c03\uff0c\u5177\u4f53\u8bf1\u56e0\u4ecd\u4e0d\u660e\u786e\u3002\u540c\u65f6\uff0c\u52a0\u5bc6\u8d22\u5e93\u7b56\u7565\u83b7\u5f97\u5173\u6ce8\uff0c\u591a\u5bb6\u516c\u53f8\u5f00\u59cb\u5c06\u6301\u80a1\u6269\u5c55\u81f3 ETH \u3001 SOL \u3001 BNB \u4e0e HYPE \u7b49\u975e\u6bd4\u7279\u5e01\u8d44\u4ea7\uff0c\u663e\u793a\u51fa\u5e02\u573a\u5bf9\u6b64\u7b56\u7565\u7684\u9ad8\u5ea6\u8ba4\u53ef\u3002<\/p>\n<p>\u5730\u7f18\u653f\u6cbb\u6210\u4e3a 6 \u6708\u4e0b\u65ec\u7684\u4e3b\u8f74\u3002 6 \u6708 13 \u65e5\uff0c\u4ee5\u8272\u5217\u4e0e\u4f0a\u6717\u4e4b\u95f4\u7206\u53d1\u6218\u4e89\u3002\u5c3d\u7ba1\u4ee5\u519b\u7a7a\u88ad\u4f0a\u6717\u6838\u8bbe\u65bd\u5e76\u5f15\u53d1\u4f0a\u6717\u98de\u5f39\u53cd\u51fb\uff0c\u4f46\u5e02\u573a\u6700\u521d\u8868\u73b0\u7a33\u5b9a\u3002 6 \u6708 21 \u65e5\uff0c\u7f8e\u56fd\u7a7a\u88ad\u4e09\u5904\u4f0a\u6717\u6838\u8bbe\u65bd\u540e\uff0c\u52a0\u5bc6\u8d44\u4ea7\u4ef7\u683c\u5927\u5e45\u4e0b\u8dcc\uff0c\u7f8e\u80a1\u5219\u7ef4\u6301\u7a33\u5b9a\u3002\u5ddd\u666e\u5728 6 \u6708 24 \u65e5\u5ba3\u5e03\u7531\u5361\u8fbe\u8c03\u505c\u7684\u505c\u706b\u534f\u8bae\uff0c\u7f13\u89e3\u4e86\u5e02\u573a\u7684\u77ed\u671f\u6050\u614c\u3002\u5c3d\u7ba1\u96f6\u661f\u98de\u5f39\u88ad\u51fb\u4ecd\u6709\u53d1\u751f\uff0c\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u5728\u505c\u706b\u540e\u9010\u6b65\u4fee\u590d\uff0c\u800c\u9ec4\u91d1\u548c\u539f\u6cb9\u7b49\u4f20\u7edf\u907f\u9669\u8d44\u4ea7\u5219\u56de\u843d\uff0c\u53cd\u6620\u51fa\u5e02\u573a\u5bf9\u957f\u671f\u51b2\u7a81\u7684\u62c5\u5fe7\u51cf\u5f31\u3002<\/p>\n<p>6 \u6708\u8981\u70b9\u901f\u89c8\uff1a<\/p>\n<p>\u52a0\u5bc6\u8d22\u5e93\u70ed\u6f6e\uff1a\u76ee\u524d\u5df2\u6709 53 \u5bb6\u516c\u53f8\u6d89\u8db3\u52a0\u5bc6\u8d22\u5e93\u914d\u7f6e\uff0c\u6db5\u76d6 8 \u79cd\u4e0d\u540c\u52a0\u5bc6\u8d44\u4ea7<br \/>\n\u7a33\u5b9a\u5e01\u9700\u6c42\u52a0\u901f\uff1aGENIUS \u6cd5\u6848\u901a\u8fc7\u540e\uff0c\u591a\u5bb6\u4f01\u4e1a\u51c6\u5907\u53d1\u884c\u81ea\u6709\u7a33\u5b9a\u5e01<br \/>\n\u300c\u64bc\u52a8\u4e16\u754c\u7684 12 \u65e5\u300d\uff1a\u4ee5\u4f0a\u51b2\u7a81\u5f15\u53d1\u5168\u7403\u5173\u6ce8\uff0c\u4f46\u5bf9\u98ce\u9669\u8d44\u4ea7\u5f71\u54cd\u6709\u9650<br \/>\nBTC \u4e4b\u540e\u7684\u591a\u5143\u914d\u7f6e<\/p>\n<p>2025 \u5e74\u4e00\u9879\u51fa\u4e4e\u610f\u6599\u7684\u8d8b\u52bf\u662f\u4f01\u4e1a\u5feb\u901f\u91c7\u7eb3\u52a0\u5bc6\u8d22\u5e93\u7b56\u7565\uff0c\u5c24\u5176\u5728 6 \u6708\uff0c\u8d8b\u52bf\u663e\u8457\u52a0\u901f\uff0c\u76f8\u5173\u4f01\u4e1a\u6570\u91cf\u63a5\u8fd1\u7ffb\u500d\u3002\u4ee5\u4ea4\u6613\u91cf\u8861\u91cf\uff0c6 \u6708\u52a0\u5bc6\u8d22\u5e93\u516c\u53f8\u8d2d\u4e70\u6bd4\u7279\u5e01\u7684\u89c4\u6a21\u5df2\u8d85\u8fc7\u7f8e\u56fd\u73b0\u8d27\u6bd4\u7279\u5e01 ETF \u7684\u603b\u51c0\u6d41\u5165\uff08\u5f53\u6708\u4e3a 40 \u4ebf\u7f8e\u5143\uff09\u3002<\/p>\n<p>\u5c3d\u7ba1\u6bd4\u7279\u5e01\u4e0e\u4ee5\u592a\u574a\u4ecd\u5360\u636e\u4e3b\u5bfc\u5730\u4f4d\uff0c\u8d8a\u6765\u8d8a\u591a\u7684\u4f01\u4e1a\u5f00\u59cb\u914d\u7f6e\u66f4\u5e7f\u6cdb\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u5982 SOL \u3001 BNB \u3001 TRX \u4e0e HYPE \u7b49\uff0c\u663e\u793a\u4e3b\u6d41\u5e01\u4ee5\u5916\u7684\u591a\u6837\u5316\u8d8b\u52bf\u65e5\u76ca\u589e\u5f3a\u3002\u6839\u636e Galaxy Research \u6570\u636e\uff0c\u76ee\u524d\u5df2\u786e\u8ba4\u7684 53 \u5bb6\u52a0\u5bc6\u8d22\u5e93\u516c\u53f8\u4e2d\uff0c36 \u5bb6\u4e13\u6ce8\u4e8e BTC\uff0c5 \u5bb6\u914d\u7f6e SOL\uff0c3 \u5bb6\u914d\u7f6e XRP\uff0c2 \u5bb6\u5206\u522b\u914d\u7f6e ETH \u3001 BNB \u4e0e HYPE\uff0c\u53e6\u6709 1 \u5bb6\u914d\u7f6e TRX \u3001 FET\uff0c\u4ee5\u53ca\u4e00\u4e2a\u7efc\u5408\u6027\u5c71\u5be8\u5e01\u6295\u8d44\u7ec4\u5408\u3002<\/p>\n<p>\u8fd9\u4e00\u8d8b\u52bf\u7684\u5ef6\u7eed\u9884\u671f\u5f3a\u70c8\uff0c\u65e2\u6709\u516c\u53f8\u7ee7\u7eed\u63a8\u52a8\u8be5\u7b56\u7565\uff0c\u540c\u65f6\u5e02\u573a\u4e5f\u5c55\u73b0\u51fa\u4e3a\u5176\u63d0\u4f9b\u5145\u8db3\u8d44\u91d1\u3001\u652f\u6301\u591a\u8d44\u4ea7\u914d\u7f6e\u7684\u5f3a\u70c8\u610f\u613f\u3002<\/p>\n<p>\u4e0d\u8fc7\uff0c\u5e02\u573a\u4e5f\u5f00\u59cb\u5bf9\u6b64\u7b56\u7565\u4ea7\u751f\u6000\u7591\uff0c\u5c24\u5176\u662f\u90e8\u5206\u516c\u53f8\u900f\u8fc7\u503a\u52a1\u878d\u8d44\u8fdb\u884c\u52a0\u5bc6\u8d44\u4ea7\u914d\u7f6e\uff0c\u5f15\u53d1\u5bf9\u6f5c\u5728\u6760\u6746\u98ce\u9669\u7684\u5173\u6ce8\u3002\u76ee\u524d\u666e\u904d\u4f7f\u7528\u7684\u4e3a\u96f6\u606f\u6216\u4f4e\u606f\u53ef\u8f6c\u503a\uff0c\u8fd9\u7c7b\u503a\u5238\u5728\u5230\u671f\u65f6\u82e5\u300c\u5904\u4e8e\u4ef7\u5185\u300d\uff08\u5373\u516c\u53f8\u80a1\u4ef7\u8d85\u8fc7\u8f6c\u6362\u4ef7\u683c\uff0c\u4f7f\u8f6c\u6362\u4e3a\u80a1\u6743\u5728\u7ecf\u6d4e\u4e0a\u53d8\u5f97\u6709\u5229\uff09\uff0c\u6295\u8d44\u4eba\u53ef\u9009\u62e9\u5c06\u5176\u8f6c\u6362\u4e3a\u516c\u53f8\u80a1\u6743\u3002\u4f46\u82e5\u5230\u671f\u300c\u4ef7\u5916\u300d\uff0c\u5219\u9700\u516c\u53f8\u4ee5\u73b0\u91d1\u507f\u8fd8\u672c\u606f\uff0c\u5f15\u53d1\u5bf9\u6d41\u52a8\u6027\u53ca\u507f\u4ed8\u80fd\u529b\u7684\u62c5\u5fe7\u3002\u90e8\u5206\u516c\u53f8\u751a\u81f3\u7f3a\u4e4f\u8db3\u591f\u73b0\u91d1\u652f\u4ed8\u5229\u606f\u3002<\/p>\n<p>\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u516c\u53f8\u901a\u5e38\u6709\u56db\u79cd\u5e94\u5bf9\u9009\u9879\uff1a<\/p>\n<p>\u5356\u51fa\u52a0\u5bc6\u8d44\u4ea7\u7b79\u8d44\uff0c\u53ef\u80fd\u5bf9\u5e02\u573a\u4ef7\u683c\u9020\u6210\u4e0b\u884c\u538b\u529b\uff0c\u5f71\u54cd\u5176\u4ed6\u6301\u6709\u76f8\u540c\u8d44\u4ea7\u7684\u8d22\u5e93\u516c\u53f8\uff1b<br \/>\n\u53d1\u884c\u65b0\u503a\u507f\u8fd8\u65e7\u503a\uff0c\u76f8\u5f53\u4e8e\u518d\u878d\u8d44\uff1b<br \/>\n\u53d1\u884c\u65b0\u80a1\u878d\u8d44\uff0c\u7528\u4ee5\u507f\u8fd8\u503a\u52a1\u6216\u589e\u8d2d\u8d44\u4ea7\uff0c\u6b64\u65b9\u5f0f\u8f83\u65e0\u8fdd\u7ea6\u98ce\u9669\uff1b<br \/>\n\u82e5\u8d44\u4ea7\u4ef7\u503c\u4e0d\u8db3\u4ee5\u507f\u503a\uff0c\u5219\u53ef\u80fd\u8fdd\u7ea6\u3002<\/p>\n<p>\u516c\u53f8\u6700\u7ec8\u91c7\u53d6\u4f55\u79cd\u8def\u5f84\u5c06\u53d6\u51b3\u4e8e\u5230\u671f\u65f6\u7684\u5e02\u573a\u72b6\u51b5\u3002\u4e00\u822c\u800c\u8a00\uff0c\u53ea\u6709\u5728\u5e02\u573a\u5141\u8bb8\u65f6\uff0c\u516c\u53f8\u624d\u53ef\u80fd\u900f\u8fc7\u518d\u878d\u8d44\u89e3\u51b3\u95ee\u9898\u3002<\/p>\n<p>\u76f8\u8f83\u4e4b\u4e0b\uff0c\u900f\u8fc7\u53d1\u884c\u80a1\u7968\u6765\u589e\u8d2d\u52a0\u5bc6\u8d44\u4ea7\u7684\u65b9\u5f0f\u98ce\u9669\u66f4\u5c0f\uff0c\u56e0\u4e3a\u4e0d\u6d89\u53ca\u503a\u52a1\uff0c\u4e0d\u6784\u6210\u5f3a\u5236\u6027\u8fd8\u6b3e\u4e49\u52a1\uff0c\u56e0\u6b64\u5728\u6574\u4f53\u98ce\u9669\u7ed3\u6784\u4e2d\u66f4\u6613\u88ab\u5e02\u573a\u63a5\u53d7\u3002<\/p>\n<p>\u6839\u636e Galaxy 6 \u6708 4 \u65e5\u53d1\u5e03\u7684\u62a5\u544a\uff0c\u76ee\u524d\u5e02\u573a\u5bf9\u6760\u6746\u7ed3\u6784\u7684\u5fe7\u8651\u6216\u8bb8\u88ab\u653e\u5927\u3002\u591a\u6570\u6bd4\u7279\u5e01\u8d22\u5e93\u516c\u53f8\u53d1\u884c\u7684\u503a\u52a1\u5c06\u5728 2027 \u5e74 6 \u6708\u81f3 2028 \u5e74 9 \u6708\u4e4b\u95f4\u5230\u671f\u3002\u867d\u7136\u52a0\u5bc6\u4ea7\u4e1a\u8fc7\u5f80\u6709\u9ad8\u6760\u6746\u5f15\u53d1\u7684\u7cfb\u7edf\u6027\u98ce\u9669\uff0c\u4f46\u5c31\u76ee\u524d\u6765\u770b\uff0c\u8fd9\u7c7b\u503a\u52a1\u7ed3\u6784\u5e76\u672a\u6784\u6210\u8feb\u5728\u7709\u776b\u7684\u5a01\u80c1\u3002\u4f46\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u672a\u6765\u82e5\u6709\u66f4\u591a\u516c\u53f8\u91c7\u7528\u6b64\u7b56\u7565\uff0c\u4e14\u53d1\u884c\u8f83\u77ed\u671f\u7684\u503a\u52a1\uff0c\u5176\u6f5c\u5728\u98ce\u9669\u5c06\u9010\u6b65\u7d2f\u79ef\u3002<\/p>\n<p>Circle \u4e0a\u5e02\u4e0e GENIUS \u6cd5\u6848\u50ac\u5316\u4ea7\u4e1a\u8f6c\u6298\u70b9<\/p>\n<p>2025 \u5e74 6 \u6708\u6210\u4e3a\u7a33\u5b9a\u5e01\u4ea7\u4e1a\u7684\u5173\u952e\u8f6c\u6298\u671f\uff0c\u4e3b\u8981\u53d7\u5230\u4e24\u9879\u91cd\u5927\u4e8b\u4ef6\u9a71\u52a8\uff1aCircle \u6210\u529f\u4e0a\u5e02\uff0c\u4ee5\u53ca\u7f8e\u56fd\u53c2\u8bae\u9662\u901a\u8fc7 GENIUS \u6cd5\u6848\uff0c\u8fd9\u662f\u7f8e\u56fd\u53f2\u4e0a\u9996\u90e8\u5168\u9762\u6027\u7a33\u5b9a\u5e01\u7acb\u6cd5\u3002<\/p>\n<p>\u8eab\u4e3a\u5168\u7403\u7b2c\u4e8c\u5927\u7a33\u5b9a\u5e01\u53d1\u884c\u5546\uff0cCircle \u6210\u4e3a\u9996\u5bb6\u5728\u7f8e\u56fd\u516c\u5f00\u4e0a\u5e02\u7684\u539f\u751f\u7a33\u5b9a\u5e01\u516c\u53f8\uff0c\u80a1\u4ef7\u5728 6 \u6708\u98d9\u5347\u903e 6 \u500d\u3002\u5c3d\u7ba1\u5982\u6b64\u5927\u5e45\u4e0a\u6da8\u6697\u793a IPO \u5b9a\u4ef7\u53ef\u80fd\u504f\u4f4e\uff0c\u4f46\u66f4\u91cd\u8981\u7684\u662f\uff0c\u6295\u8d44\u8005\u5bf9\u7a33\u5b9a\u5e01\u672a\u6765\u57fa\u7840\u8bbe\u65bd\u89d2\u8272\u7684\u8ba4\u53ef\u663e\u8457\u589e\u5f3a\u3002<\/p>\n<p>6 \u6708 25 \u65e5\uff0cGENIUS \u6cd5\u6848\u5728\u53c2\u8bae\u9662\u4ee5 68 \u7968\u5bf9 30 \u7968\u83b7\u901a\u8fc7\uff0c\u6807\u5fd7\u8457\u8be5\u7acb\u6cd5\u7ecf\u5386\u957f\u8fbe\u6570\u6708\u7684\u7a0b\u5e8f\u6027\u6295\u7968\u4e0e\u653f\u6cbb\u535a\u5f08\u540e\u6700\u7ec8\u53d6\u5f97\u7a81\u7834\u3002\u5176\u4e2d\u5305\u62ec 5 \u6708 8 \u65e5\u56e0\u6700\u540e\u4e00\u523b\u5206\u6b67\u800c\u5bfc\u81f4\u7684\u5173\u952e\u7a0b\u5e8f\u6027\u6295\u7968\u5931\u8d25\u3002\u76ee\u524d\uff0c\u8be5\u6cd5\u6848\u5df2\u79fb\u4ea4\u4f17\u8bae\u9662\uff0c\u6709\u8bae\u5458\u5efa\u8bae\u5c06\u5176\u5e76\u5165\u8303\u56f4\u66f4\u5e7f\u7684 CLARITY \u6cd5\u6848\u3002\u7136\u800c\uff0c\u5408\u5e76\u524d\u666f\u4ecd\u4e0d\u660e\u6717\uff0c\u5c24\u5176\u5728\u603b\u7edf\u5ddd\u666e\u516c\u5f00\u8868\u793a\u53cd\u5bf9\u7684\u80cc\u666f\u4e0b\u3002<\/p>\n<p>\u5728\u76d1\u7ba1\u63a8\u52a8\u4e0b\uff0c\u4f01\u4e1a\u5bf9\u7a33\u5b9a\u5e01\u7684\u5174\u8da3\u6301\u7eed\u5347\u6e29\u3002\u7f8e\u56fd\u96f6\u552e\u5de8\u5934\u5982\u6c83\u5c14\u739b\u4e0e\u5854\u5409\u7279\u6b63\u8003\u8651\u53d1\u884c\u81ea\u6709\u7a33\u5b9a\u5e01\uff1b\u4e07\u4e8b\u8fbe\u6b63\u900f\u8fc7\u6574\u5408 Paxos \u3001 Fiserv \u4e0e PayPal \u7684\u7a33\u5b9a\u5e01\u4ea7\u54c1\u8fdb\u4e00\u6b65\u6269\u5927\u751f\u6001\u652f\u63f4\u3002\u8fd9\u4e9b\u516c\u53f8\u4e0d\u4ec5\u4e89\u76f8\u53d1\u884c\u7a33\u5b9a\u5e01\uff0c\u66f4\u5e0c\u671b\u5728\u6d41\u901a\u89c4\u6a21\u4e0e\u5b9e\u9645\u7528\u9014\u4e0a\u53d6\u5f97\u9886\u5148\u3002\u884c\u4e1a\u5173\u6ce8\u70b9\u5df2\u4ece\u300c\u80fd\u5426\u53d1\u884c\u300d\u8f6c\u5411\u300c\u80fd\u5426\u843d\u5730\u300d\uff0c\u7a33\u5b9a\u5e01\u7684\u6210\u529f\u4e0e\u5426\u5c06\u53d6\u51b3\u4e8e\u5176\u5728\u73b0\u5b9e\u652f\u4ed8\u573a\u666f\u4e2d\u7684\u6e17\u900f\u7a0b\u5ea6\u4e0e\u7528\u6237\u8986\u76d6\u9762\u3002<\/p>\n<p>\u5728\u56fd\u9645\u65b9\u9762\uff0c\u8fd9\u4e00\u8d8b\u52bf\u4e5f\u9010\u6e10\u8513\u5ef6\u3002\u4f8b\u5982\uff0cRipple \u5df2\u5728\u675c\u62dc\u83b7\u5f97\u5176 RLUSD \u7a33\u5b9a\u5e01\u7684\u76d1\u7ba1\u8bb8\u53ef\uff0c\u97e9\u56fd\u592e\u884c\u4e5f\u6b63\u5728\u63a2\u7d22\u53d1\u884c\u951a\u5b9a\u97e9\u5143\u7684\u7a33\u5b9a\u5e01\u3002\u4e0d\u8fc7\u76ee\u524d\u4ee5\u7f8e\u56fd\u7684\u53d1\u5c55\u6700\u4e3a\u9886\u5148\u3002<\/p>\n<p>\u7a33\u5b9a\u5e01\u4ec5\u662f\u8d77\u70b9\u3002\u5b83\u4eec\u6807\u5fd7\u8457\u5c06\u4f20\u7edf\u6cd5\u5e01\u5f15\u5165\u533a\u5757\u94fe\u7684\u7b2c\u4e00\u9636\u6bb5\uff0c\u5b9e\u73b0\u4e86\u5168\u5929\u5019\u3001\u5feb\u901f\u4e92\u901a\u7684\u57fa\u7840\u8bbe\u65bd\u90e8\u7f72\u3002\u4e0b\u4e00\u4e2a\u9636\u6bb5\u7684\u91cd\u70b9\u5219\u662f\u94fe\u4e0a\u91d1\u878d\u8d44\u4ea7\u7684\u5f15\u8fdb\uff0c\u9996\u5148\u662f\u80a1\u7968\u4ee3\u5e01\u5316\u3002<\/p>\n<p>Robinhood \u8fd1\u671f\u5df2\u5728\u6b27\u6d32\u5411\u7528\u6237\u63a8\u51fa 200 \u6863\u4e0a\u5e02\u80a1\u7968\u7684\u901a\u8bc1\u5316\u4ea4\u6613\u529f\u80fd\uff0c\u6210\u4e3a\u6d4b\u8bd5\u7528\u6237\u9700\u6c42\u4e0e\u6267\u884c\u54c1\u8d28\u7684\u8bd5\u70b9\u5e73\u53f0\u3002 Coinbase \u4e5f\u6b63\u5728\u7f8e\u56fd\u5bfb\u6c42\u76f8\u5e94\u76d1\u7ba1\u8bb8\u53ef\uff0c\u4ee5\u63a8\u52a8\u7c7b\u4f3c\u4ea7\u54c1\u843d\u5730\u3002\u8fd9\u4e9b\u65e9\u671f\u5c1d\u8bd5\u4e3a\u66f4\u591a\u4f20\u7edf\u91d1\u878d\u4ea7\u54c1\u94fe\u4e0a\u5316\u94fa\u8def\uff0c\u9884\u8ba1\u4e0b\u4e00\u6b65\u5c06\u6db5\u76d6\u79c1\u4eba\u4fe1\u8d37\u4e0e\u7ed3\u6784\u6027\u57fa\u91d1\u7b49\u8d44\u4ea7\u7c7b\u522b\u3002<\/p>\n<p>\u5730\u7f18\u51b2\u7a81\u5bf9\u5e02\u573a\u51b2\u51fb\u6709\u9650<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2025\/07\/85689a7ccb63658d9851961e16ccc5fc.webp\" alt=\"\" width=\"1100\" height=\"624\" \/><\/p>\n<p>2025 \u5e74 6 \u6708 13 \u65e5\u7206\u53d1\u7684\u4ee5\u8272\u5217\u2013\u4f0a\u6717\u6218\u4e89\u6301\u7eed 12 \u65e5\uff0c\u5c3d\u7ba1\u5f15\u53d1\u5168\u7403\u8206\u8bba\u5173\u6ce8\uff0c\u4f46\u5bf9\u98ce\u9669\u8d44\u4ea7\u7684\u957f\u671f\u5f71\u54cd\u6709\u9650\u3002\u51b2\u7a81\u521d\u671f\uff0c\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u4e0e\u80a1\u7968\u5e02\u573a\u53cd\u5e94\u6e29\u548c\uff1b\u4f46 6 \u6708 22 \u65e5\u7f8e\u56fd\u653f\u5e9c\u542f\u52a8\u300c\u5348\u591c\u94c1\u9524\u884c\u52a8\u300d\uff0c\u7a7a\u88ad\u4f0a\u6717\u6838\u8bbe\u65bd\u540e\uff0c\u52a0\u5bc6\u8d44\u4ea7\u4ef7\u683c\u66fe\u5927\u5e45\u4e0b\u8dcc\u3002\u968f\u8457\u5ddd\u666e 6 \u6708 24 \u65e5\u5ba3\u5e03\u4e0e\u5361\u8fbe\u5171\u540c\u8fbe\u6210\u7684\u505c\u706b\u534f\u8bae\uff0c\u4ef7\u683c\u8fc5\u901f\u53cd\u5f39\u3002\u5c3d\u7ba1\u6708\u672b\u4ecd\u6709\u96f6\u661f\u98de\u5f39\u88ad\u51fb\uff0c\u6218\u4e89\u5c1a\u672a\u6b63\u5f0f\u7ed3\u675f\uff0c\u4f46\u5e02\u573a\u6574\u4f53\u5df2\u6062\u590d\u7a33\u5b9a\u3002<\/p>\n<p>\u5728\u6b64\u671f\u95f4\uff0c\u6bd4\u7279\u5e01\u8d70\u52bf\u4e0e\u7f8e\u80a1\u540c\u6b65\u4e0a\u626c\uff0c\u672a\u5448\u73b0\u907f\u9669\u5c5e\u6027\u3002\u76f8\u8f83\u4e8e 4 \u6708\u4e0e 5 \u6708\u4e2d\u6bd4\u7279\u5e01\u56e0\u8d38\u6613\u5173\u7a0e\u4e0e\u5168\u7403\u503a\u5e02\u7d27\u5f20\u800c\u88ab\u89c6\u4e3a\u4ef7\u503c\u50a8\u5907\u8d44\u4ea7\u7684\u8868\u73b0\uff0c\u6b64\u6b21\u66f4\u504f\u5411\u98ce\u9669\u8d44\u4ea7\u903b\u8f91\u3002\u6bd4\u7279\u5e01\u8868\u73b0\u4f18\u4e8e\u9ec4\u91d1\u53ca\u6574\u4f53\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\uff0c\u90e8\u5206\u53ef\u5f52\u56e0\u4e8e\u673a\u6784\u5f3a\u529b\u652f\u6301\uff0c\u5305\u62ec ETF \u6708\u5ea6\u6d41\u5165\u8fbe 40 \u4ebf\u7f8e\u5143\u3001\u8d22\u5e93\u516c\u53f8\u6301\u7eed\u8d2d\u5165\uff0c\u4ee5\u53ca\u4e3b\u6743\u4e70\u76d8\u8ff9\u8c61\u7684\u6d6e\u73b0\uff0c\u663e\u793a\u5730\u7f18\u51b2\u51fb\u5bf9\u6bd4\u7279\u5e01\u6784\u6210\u7684\u5f71\u54cd\u8f83\u4e3a\u77ed\u6682\u3002<\/p>\n<p>\u8fd9\u6b21\u51b2\u7a81\u4e5f\u5f15\u53d1\u5e02\u573a\u5bf9\u4f0a\u6717\u672c\u5730\u52a0\u5bc6\u57fa\u7840\u8bbe\u65bd\u7684\u91cd\u65b0\u5173\u6ce8\uff0c\u7279\u522b\u662f\u6bd4\u7279\u5e01\u6316\u77ff\u4e1a\u3002\u6839\u636e Elliptic 2021 \u5e74\u4f30\u7b97\uff0c\u5168\u7403\u7ea6 4.5% \u7684\u6bd4\u7279\u5e01\u6316\u77ff\u53d1\u751f\u5728\u4f0a\u6717\uff0c\u4e3b\u8981\u4f9d\u8d56\u4ee5\u91cc\u4e9a\u5c14\u7ed3\u7b97\u7684\u4f4e\u4ef7\u653f\u5e9c\u8865\u8d34\u7535\u529b\u3002\u5728\u6bd4\u7279\u5e01\u4e0a\u6da8\u5468\u671f\u4e2d\uff0c\u8fd9\u79cd\u7ed3\u6784\u5e26\u6765\u53ef\u89c2\u5229\u6da6\u3002<\/p>\n<p>\u5728\u7f8e\u4ee5\u7a7a\u88ad\u540e\uff0c\u6709\u4f20\u8a00\u6307\u51fa\u4f0a\u6717\u90e8\u5206\u77ff\u573a\u906d\u5230\u7834\u574f\uff0c\u5bfc\u81f4\u7f51\u8def\u7b97\u529b\u4e0b\u6ed1\u3002\u4f46\u77ed\u671f\u7b97\u529b\u6ce2\u52a8\u5f80\u5f80\u66f4\u53ef\u80fd\u7531\u533a\u5757\u65f6\u95f4\u5dee\u5f02\u6216\u6570\u636e\u6742\u8baf\u9020\u6210\uff0c\u76ee\u524d\u5c1a\u65e0\u660e\u786e\u8bc1\u636e\u663e\u793a\u51b2\u7a81\u5bf9\u6316\u77ff\u8bbe\u65bd\u9020\u6210\u7cfb\u7edf\u6027\u7834\u574f\u3002\u53e6\u4e00\u4e2a\u53ef\u80fd\u7684\u89e3\u91ca\u662f\u7f8e\u4e1c\u4e0e\u4e2d\u897f\u90e8\u5730\u533a\u7684\u70ed\u6d6a\u5929\u6c14\u8feb\u4f7f\u77ff\u5de5\u6682\u65f6\u51cf\u4ea7\u3002<\/p>\n<p>\u9664\u57fa\u7840\u8bbe\u65bd\u5916\uff0c\u8fd9\u573a\u51b2\u7a81\u4e5f\u5f15\u53d1\u5173\u4e8e\u52a0\u5bc6\u5728\u4f0a\u6717\u91d1\u878d\u4f53\u7cfb\u4e2d\u89d2\u8272\u7684\u8ba8\u8bba\u3002\u957f\u671f\u4ee5\u6765\uff0c\u4f0a\u6717\u56e0\u9ad8\u901a\u81a8\u3001\u56fd\u9645\u5236\u88c1\u4e0e\u5bf9\u7f8e\u5143\u7684\u4e0d\u7a33\u5b9a\u6c47\u7387\uff0c\u4fc3\u4f7f\u6c11\u95f4\u4e0e\u7070\u8272\u7ecf\u6d4e\u5927\u91cf\u91c7\u7528\u52a0\u5bc6\u8d27\u5e01\u3002<\/p>\n<p>Chainalysis \u8fc7\u5f80\u6570\u636e\u663e\u793a\uff0c\u5728 2024 \u5e74\u771f\u4e3b\u515a\u9886\u5bfc\u4eba\u88ab\u523a\u671f\u95f4\u4e0e\u591a\u6b21\u98de\u5f39\u4ea4\u706b\u65f6\uff0c\u4f0a\u6717\u52a0\u5bc6\u8d44\u4ea7\u5916\u6d41\u5747\u51fa\u73b0\u663e\u8457\u589e\u957f\u3002<\/p>\n<p>\u6bd4\u7279\u5e01\u4e0e\u6ce2\u573a\u5386\u6765\u662f\u4f0a\u6717\u4e3b\u8981\u4f7f\u7528\u7684\u533a\u5757\u94fe\u7f51\u7edc\uff0c\u5c24\u5176 Tron \u7528\u4e8e USDT \u7a33\u5b9a\u5e01\u8f6c\u5e10\u3002\u7136\u800c\u5728\u672c\u8f6e\u51b2\u7a81\u4e2d\uff0c\u94fe\u4e0a\u7a33\u5b9a\u5e01\u4ea4\u6613\u4e0e\u7ed3\u7b97\u91cf\u5e76\u672a\u51fa\u73b0\u663e\u8457\u4e0a\u5347\uff0c\u663e\u793a\u6574\u4f53\u52a0\u5bc6\u4f7f\u7528\u6a21\u5f0f\u5e76\u672a\u56e0\u6218\u4e8b\u800c\u53d8\u5316\uff0c\u77ed\u671f\u6301\u6709\u8005\u7684\u94fe\u4e0a\u6d3b\u8dc3\u5ea6\u53cd\u800c\u6709\u6240\u4e0b\u964d\u3002<\/p>\n<p>\u5c3d\u7ba1\u94fe\u4e0a\u6570\u636e\u672a\u73b0\u663e\u8457\u5f02\u5e38\uff0c\u4f46\u52a0\u5bc6\u884c\u4e1a\u5728\u6b64\u6b21\u51b2\u7a81\u4e2d\u4ee5\u50cf\u5f81\u65b9\u5f0f\u6d6e\u73b0\uff1a\u4f0a\u6717\u6700\u5927\u52a0\u5bc6\u4ea4\u6613\u6240 Nobitex \u5728\u6218\u4e8b\u671f\u95f4\u906d\u9047 9000 \u4e07\u7f8e\u5143\u9a87\u5ba2\u653b\u51fb\uff0c\u653b\u51fb\u8005\u4e3a\u652f\u6301\u4ee5\u8272\u5217\u7684\u7ec4\u7ec7\u300cPredatory Sparrow\u300d\uff0c\u5e76\u901a\u8fc7\u94b1\u5305\u5730\u5740\u7559\u4e0b\u300cF*ckiRGCTerrorists\u300d\u7b49\u53cd\u4f0a\u65af\u5170\u9769\u547d\u536b\u961f\u7684\u8baf\u606f\u3002 Nobitex \u8fc7\u53bb\u66fe\u4e0e IRGC \u5173\u8054\u5b9e\u4f53\u7684\u8d44\u91d1\u6d41\u6709\u5173\uff0c\u8fd9\u6b21\u653b\u51fb\u66f4\u50cf\u662f\u7f51\u8def\u5fc3\u7406\u6218\u800c\u975e\u4ee5\u83b7\u5229\u4e3a\u76ee\u6807\u7684\u653b\u51fb\u3002<\/p>\n<p>\u4f0a\u6717\u662f\u5168\u7403\u8d27\u5e01\u8d2c\u503c\u6700\u4e25\u91cd\u4e14\u957f\u671f\u53d7\u5236\u88c1\u7684\u56fd\u5bb6\u4e4b\u4e00\u3002\u5bf9\u4e8e\u6b64\u7c7b\u793e\u4f1a\uff0c\u52a0\u5bc6\u8d44\u4ea7\u5728\u8de8\u56fd\u8d44\u91d1\u6d41\u52a8\u4e2d\u786e\u5b9e\u626e\u6f14\u91cd\u8981\u89d2\u8272\u3002\u5176\u5728\u672c\u8f6e\u51b2\u7a81\u4e2d\u6240\u5c55\u73b0\u7684\u653f\u6cbb\u4e0e\u7f51\u7edc\u7ef4\u5ea6\uff0c\u8fdb\u4e00\u6b65\u663e\u793a\u52a0\u5bc6\u5df2\u6210\u4e3a\u67d0\u4e9b\u56fd\u5bb6\u91d1\u878d\u4f53\u7cfb\u7684\u4e00\u90e8\u5206\u3002<\/p>\n<p>7 \u6708\u5173\u952e\u53d8\u6570\u5c06\u5de6\u53f3\u5b8f\u89c2\u4e0e\u5e02\u573a\u8d70\u5411<\/p>\n<p>\u8fdb\u5165 2025 \u5e74 7 \u6708\uff0c\u5e02\u573a\u5173\u6ce8\u7684\u6838\u5fc3\u7126\u70b9\u5c06\u96c6\u4e2d\u5728\u6570\u4e2a\u5173\u952e\u4e8b\u4ef6\u4e0e\u5b8f\u89c2\u6307\u6807\u4e0a\uff0c\u53ef\u80fd\u5bf9\u8d44\u4ea7\u5b9a\u4ef7\u4e0e\u6574\u4f53\u73af\u5883\u4ea7\u751f\u91cd\u5927\u5f71\u54cd\u3002<\/p>\n<p>\u5ddd\u666e\u4e8e 7 \u6708 4 \u65e5\u7b7e\u7f72\u300c\u5927\u800c\u7f8e\u300d\u6cd5\u6848\uff0c\u8fd9\u9879\u6cd5\u6848\u53ef\u80fd\u663e\u8457\u6269\u5927\u5df2\u9ad8\u4e8e\u9884\u671f\u7684\u8d22\u653f\u8d64\u5b57\u3002\u6839\u636e\u6700\u65b0\u7ecf\u6d4e\u6570\u636e\uff0c\u7f8e\u56fd\u8d22\u653f\u652f\u51fa\u6b63\u6301\u7eed\u8d85\u51fa\u6536\u5165\u6c34\u51c6\u3002<\/p>\n<p>\u901a\u81a8\u538b\u529b\u4ecd\u662f\u6838\u5fc3\u8003\u91cf\uff0c\u4f46\u8fd1\u671f\u6570\u636e\u663e\u793a\u901a\u81a8\u5df2\u7f13\u548c\u3002\u6838\u5fc3\u4e2a\u4eba\u6d88\u8d39\u652f\u51fa\uff08PCE\uff09\u6307\u6570\u5448\u4e0b\u964d\u8d8b\u52bf\uff0c2025 \u5e74\u5185\u4ec5\u5728 2 \u6708\u5f55\u5f97\u5355\u6708\u4e0a\u6da8\uff0c\u4e14\u6da8\u5e45\u53ef\u80fd\u4e3b\u8981\u6e90\u81ea\u4e8e\u5173\u7a0e\u76f8\u5173\u7684\u524d\u671f\u5b9a\u4ef7\u538b\u529b\u3002\u76ee\u524d\u6765\u770b\uff0c\u901a\u81a8\u4f3c\u4e4e\u53d7\u63a7\uff0c\u4f46\u771f\u6b63\u7684\u98ce\u9669\u5728\u4e8e\u8054\u51c6\u4f1a\u82e5\u8fc7\u65e9\u964d\u606f\uff0c\u53ef\u80fd\u91cd\u65b0\u70b9\u71c3\u4ef7\u683c\u4e0a\u6da8\u3002<\/p>\n<p>\u52b3\u52a8\u5e02\u573a\u4f9d\u65e7\u7d27\u4fcf\uff0c\u4e3a\u8054\u51c6\u4f1a\u51b3\u7b56\u63d0\u4f9b\u66f4\u5927\u5f39\u6027\u3002 6 \u6708\u65b0\u589e\u5c31\u4e1a\u4eba\u6570\u8d85\u9884\u671f\uff0c\u5931\u4e1a\u7387\u964d\u81f3 4.1%\uff0c\u4f4e\u4e8e\u5e02\u573a\u6700\u4e50\u89c2\u9884\u6d4b\u3002\u6b64\u6b21\u4e0b\u964d\u90e8\u5206\u6e90\u81ea\u4e8e\u52b3\u52a8\u53c2\u4e0e\u7387\u4ece 62.4% \u964d\u81f3 62.3% \u3002\u76ee\u524d\uff0c\u5e02\u573a\u5bf9 7 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\u5e74\u4ee5\u6765\u6700\u5dee\u7684\u4e0a\u534a\u5e74\u8868\u73b0\u3002\u98ce\u9669\u8d44\u4ea7\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u75b2\u8f6f\u6709\u52a9\u4e8e\u89e3\u91ca\u5f53\u524d\u80a1\u7968\u5e02\u573a\u7684\u97e7\u6027\u4e0e\u6bd4\u7279\u5e01\u7684\u5f3a\u52b2\u8868\u73b0\uff0c\u5c3d\u7ba1\u57fa\u672c\u9762\u6570\u636e\u590d\u6742\u3002\u540c\u65f6\uff0c\u7f8e\u56fd M2 \u8d27\u5e01\u4f9b\u5e94\u63a5\u8fd1\u5386\u53f2\u9ad8\u70b9\uff0c\u5e02\u573a\u6d41\u52a8\u6027\u5145\u88d5\uff0c\u82e5\u8054\u51c6\u4f1a\u4e0b\u534a\u5e74\u8f6c\u5411\u5bbd\u677e\uff0c\u7f8e\u5143\u6216\u5c06\u8fdb\u4e00\u6b65\u627f\u538b\u3002<\/p>\n<p>\u4e03\u6708\u9700\u91cd\u70b9\u5173\u6ce8\u7684\u5173\u952e\u65f6\u95f4\u8282\u70b9\uff1a<\/p>\n<p>7 \u6708 11 \u65e5\uff1a\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff08CPI\uff09\u53d1\u5e03<br \/>\n7 \u6708 16 \u65e5\uff1a\u751f\u4ea7\u8005\u7269\u4ef7\u6307\u6570\uff08PPI\uff09\u4e0e\u8054\u51c6\u4f1a\u8910\u76ae\u4e66\u53d1\u5e03<br \/>\n7 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