加密貨幣的狂野騎行：比特幣爆炸超過$ 118k

在SPAC加密賽戲劇中，比特幣在新的高點上命中。這是新的華爾街喧囂還是短暫的繁榮？我們分解趨勢和見解。

Crypto's Wild Ride: Bitcoin Blasts Past $118K as SPACs Eye Token Treasures

加密貨幣的狂野騎行：比特幣爆炸超過$ 118k

Hold on to your hats, folks! The world of crypto is going bonkers, with Bitcoin smashing records while Wall Street tries to get in on the action with SPACs and reverse mergers. What's the deal? Let's dive in.

抓住你的帽子，伙計們！加密貨幣的世界正在發揮作用，比特幣粉碎了記錄，而華爾街則試圖與SPAC和反向合併一起採取行動。有什麼交易？讓我們潛水。

Bitcoin's Unstoppable Surge

比特幣的不可阻擋的激增

Bitcoin (BTC) is on a tear! On July 11th, it hit its sixth consecutive all-time high in under two days, topping out at $118,668. That's a 6.8% jump! What's fueling this madness? A mix of institutional investors, Bitcoin ETF inflows, and good ol' market optimism. The expectation of future U.S. Federal Reserve rate cuts has boosted risk appetite.

比特幣（BTC）流淚了！ 7月11日，它在兩天內連續第六次達到了第六次高高，最高為118,668美元。這是6.8％的跳躍！這使這種瘋狂助長了什麼？機構投資者，比特幣ETF流入和良好的市場樂觀情緒的混合。對未來美國美聯儲削減稅率的期望促進了風險的胃口。

Analysts are predicting Bitcoin could reach $120,000 by the end of July, and if it smashes through that, $130,000 to $140,000 could be next. Of course, volatility is always a factor, but the overall vibe is super positive, thanks to capital inflows and regulatory news.

分析師預測，到7月底，比特幣將達到120,000美元，如果粉碎了比特幣，下一個比特幣將是130,000至140,000美元。當然，波動一直是一個因素，但是由於資本流入和監管新聞，總體氛圍是超積極的。

SPACs and Crypto: Wall Street's New Playground?

Spacs and Crypto：華爾街的新遊樂場？

Inspired by companies like MicroStrategy (MSTR), which is now worth over $120 billion just for holding Bitcoin, a new wave of players are jumping into the public markets. How? By skipping the traditional IPO grind and using SPACs (Special Purpose Acquisition Companies) or reverse mergers. Justin Sun's Tron Inc. and Anthony Pompliano's ProCap Financial are among those trying this method: raise cash, buy tokens, and inject them into a listed shell.

受到MicroStrategy（MSTR）等公司的啟發，該公司現在價值超過1,200億美元，僅用於持有比特幣，一波新的玩家正在進入公共市場。如何？通過跳過傳統的IPO研磨並使用墊料（特殊目的獲取公司）或反向合併。賈斯汀·孫（Justin Sun）的特隆公司（Tron Inc.）和安東尼·彼得梅諾（Anthony Pompompariano）的Procap Financial是嘗試這種方法的人：籌集現金，購買令牌並將其註入上市的外殼。

Smaller banks like Cantor Fitzgerald and Cohen & Co. are all in, with some analysts projecting crypto-related equity capital markets business to grow over 300% this year. The goal is to capitalize on surging token prices quickly, but this isn't without risks.

諸如Cantor Fitzgerald和Cohen＆Co。之類的較小銀行都在進行，一些分析師預測與加密相關的股票資本市場業務將於今年增長300％以上。目的是利用迅速飆升的代幣價格，但這並非沒有風險。

The Catch: Dilution and Downturns

捕獲：稀釋和低迷

Here's the thing: these companies aren't just holding crypto passively. They're operating businesses that constantly issue shares or debt to buy more crypto, which creates dilution risk. And what happens when token values drop? Jim Chanos and VanEck's Matthew Sigel warn that these premiums could vanish, and the real test is surviving the downturn.

這就是事情：這些公司不僅被動地持有加密貨幣。他們正在經營不斷發行股票或債務以購買更多加密貨幣的業務，從而造成稀釋風險。當令牌值下降時會發生什麼？ Jim Chanos和Vaneck的Matthew Sigel警告說，這些溢價可能會消失，而真正的考驗正在衰退。

The Future of Crypto: Boom or Bust?

加密的未來：繁榮還是胸圍？

So, is this Bitcoin surge sustainable? Some analysts are cautious, while others point to growing institutional adoption and regulatory clarity as reasons for long-term optimism. As Bitcoin gains traction, it's playing an increasingly important role in the global financial landscape. Even Ethereum is pushing past $3,000!

那麼，這種比特幣激增是可持續的嗎？一些分析師謹慎，而另一些分析師則指出，由於長期樂觀的原因，機構的採用和監管清晰度不斷增加。隨著比特幣獲得關注，它在全球金融格局中起著越來越重要的作用。甚至以太坊都將超過3,000美元的推銷！

Final Thoughts

最後的想法

Whether you're a seasoned crypto pro or just dipping your toes in, it's an exciting time to watch the markets. Just remember to buckle up, because it's going to be a wild ride! And who knows, maybe MoonBull will be the best upcoming crypto in 2025!

無論您是經驗豐富的加密貨幣專業人士，還是僅浸入腳趾，這都是觀看市場的激動人心的時刻。只要記住要係好，因為這將是一次瘋狂的旅程！誰知道，也許Moonbull將是2025年即將到來的加密貨幣！