December 14, 2025 Crypto Daily

1. Institutional Attitudes Towards Cryptocurrency and Investment Recommendations
Some institutions hold cautious or negative attitudes towards cryptocurrencies, such as Vanguard Group executives comparing Bitcoin to a “digital Labradoodle,” believing it lacks long-term investment value and is only a speculative collectible.
Some asset management companies advise investors to moderately allocate to Bitcoin as a hedge, such as Brazil's largest asset manager Itáu recommending 1%-3% of investment portfolios be invested in Bitcoin to counter currency fluctuations and market shocks.
Cryptocurrency holding companies like Strategy (MSTR), while maintaining their positions in the Nasdaq 100 index adjustments, face regulatory risks of exclusion from MSCI due to their high Bitcoin holdings.
2. Stablecoin Development and Applications
The stablecoin market continues to expand, with Tether USDT circulating supply exceeding $185 billion, covering sectors such as lending (over $14 billion), investment, and mining, becoming the largest CeFi lending institution. Stablecoins are gradually penetrating practical use cases; ADNOC, the largest fuel retailer in the UAE, announced it will begin accepting stablecoin payments, further promoting stablecoin adoption.
3. Public Chain Technology Upgrades and Market Impact
Solana has improved transaction processing capacity through the upgrade of its Firedancer client. Since the mainnet launch, SOL price has risen about 5%, approaching $140, indicating that public chain technology upgrades positively affect market sentiment and token prices.
4. Macroeconomic Policies and Their Impact on the Crypto Market
The Bank of Japan's interest rate hike may not trigger risk-off sentiment in the crypto market (which historically has led to Bitcoin price declines), due to limited reaction from speculators' net long yen positions, continued rise in Japanese government bond yields, and recent Federal Reserve liquidity measures alleviating market concerns.