在唐納德·特朗普（Donald Trump）在一次重大加密貨幣峰會上的講話之後，比特幣（BTC）正在激增。

特朗普週四在紐約舉行的數字資產峰會（DAS）上發表了講話，到目前為止，比特幣是最大的加密貨幣，從最近幾個月來收回了其大部分損失。

Donald Trump's speech at a major cryptocurrency summit in New York saw bitcoin recover much of its losses from recent months.

唐納德·特朗普（Donald Trump）在紐約舉行的重大加密貨幣峰會上的講話看到，比特幣從最近幾個月中恢復了許多損失。

The president is set to speak at the Digital Asset Summit (DAS) in New York on Thursday (19 December).

總統將於12月19日（12月19日）在紐約的數字資產峰會（DAS）上發言。

Bitcoin, by far the largest cryptocurrency, went over $100,000 (£77,200) for the first time in December but has since crashed down to $79,000 (£61,000) amid wider fears of economic turmoil caused by the Trump administration.

到目前為止，比特幣是最大的加密貨幣，在12月的第一次超過了100,000美元（77,200英鎊），但此後，比特幣跌至79,000美元（61,000英鎊），因為人們擔心特朗普政府造成的經濟動盪。

However, ahead of Trump's speech, the currency climbed back up to $86,000 (£66,400).

但是，在特朗普的講話之前，這種貨幣攀升至86,000美元（66,400英鎊）。

Speaking via video link from the White House Trump promised to make the US a bitcoin "superpower" and the "undisputed crypto capital of the world."

通過來自白宮特朗普的視頻鏈接發言，承諾將使美國成為比特幣的“超級大國”和“無可爭議的世界的加密之都”。

He highlighted his administration's actions on loosening regulations on the crypto industry, including ending what he called "operation chokepoint 2.0", which saw federal agencies encouraging banks to not operate in risky sectors, particularly the crypto industry.

他強調了政府對加密行業的釋放法規的行動，包括結束他所謂的“ Copepoint 2.0”的行動，該公司鼓勵銀行不在風險的部門（尤其是加密貨幣行業）開展業務。

Trump said the operation went too far and acted as a form of "lawfare" against the industry.

特朗普說，這項行動走得太遠了，並作為對該行業的“法律”形式。

The president has also instituted the US government's Crypto Federal Reserve which will hold certain cryptocurrencies when they are acquired by state operations rather than sell them.

總統還建立了美國政府的加密聯邦儲備，該加密儲備將在國家運營收購而不是出售時持有某些加密貨幣。

Despite the losses of recent months bitcoin has been on an incredible run in recent years after hitting a low of $16,000 (£12,300) in 2022. A lot of the recent gains have been associated with an event known as the Bitcoin halving that happened on 20 April 2024.

儘管近幾個月來，比特幣在2022年達到了16,000美元（12,300英鎊）的低點（12,300英鎊）的近年來。

Halving is an event automatically triggered by the bitcoin network, which is designed to prevent inflation in the cryptocurrency but it can also trigger large price rises.

減半是由比特幣網絡自動觸發的事件，該事件旨在防止加密貨幣的通貨膨脹，但也可以觸發大價格上漲。

The halving happens roughly every four years and after each halving the following one to two years often see bitcoin's price explode.

減半大約每四年發生一次，每次將隨後的一到兩年減半後，比特幣的價格爆炸經常爆炸。

Aaron Peak, personal finance expert at credit reference company CredAbility, said: "Bitcoin is notoriously volatile: prices can surge or crash unpredictably, so investors should always be cautious.

信用參考公司可信度的個人理財專家亞倫·帕克（Aaron Peak）表示：“比特幣眾所周知：價格可能會漲幅或不可預測，因此投資者應該始終保持謹慎。

"Bitcoin’s price has been on a rollercoaster recently, and we've seen some major price swings in recent months.”

“比特幣的價格最近一直在過山車上，最近幾個月我們已經看到了一些主要的價格波動。”

What is Bitcoin halving?

比特幣減半？

Bitcoin halving reduces the rewards of mining the cryptocurrency by 50%.

比特幣減半使挖掘加密貨幣的回報減少了50％。

Crypto miners use high-end computing rigs to perform calculations and are rewarded with bitcoin but after each halving, the reward decreases.

加密礦工使用高端計算鑽機來執行計算並獲得比特幣的獎勵，但是在每次減半之後，獎勵會減少。

Miners complete calculations required to verify transactions, using computers to make guesses to solve the puzzle and the first to solve it adds a new block to the blockchain – a digital ledger that records and verifies transactions across a network of computers.

礦工完成驗證交易所需的計算，使用計算機做出猜測來解決難題，而第一個解決該拼圖為區塊鏈添加了一個新的塊 - 一個數字分類帳，記錄並驗證了跨計算機網絡的交易。

The dates of the halvings are not set, rather they occur every 210,000 blocks that are mined.

沒有設定過份的日期，而是每210,000個街區發生。

Aaron Peak, personal finance expert at credit reference company CredAbility said: “Right now, miners – who verify bitcoin transactions – earn 6.25 bitcoins for each new block they add to the blockchain."

信用參考公司可信度的個人理財專家亞倫·帕克（Aaron Peak）說：“目前，礦工 - 驗證比特幣交易的礦工 - 為每個新區塊添加到區塊鏈中的每個新區塊中賺取6.25個比特幣。”

“After the next halving, their reward will drop to 3.125 bitcoins. This reduces the supply of new coins, which can affect bitcoin’s price.”

“下一次減半後，他們的獎勵將降至3.125比特幣。這減少了新硬幣的供應，這可能會影響比特幣的價格。”

Why does it matter?

為什麼重要？

Bitcoin halving performs several important functions, restricting supply and limiting inflation, which helps to maintain the cryptocurrency’s value.

比特幣減半執行幾個重要功能，限制了供應和限制通貨膨脹，這有助於維持加密貨幣的價值。

Peak explains: "Halving is important because it slows down how quickly new bitcoins are created. Historically, bitcoin halving has led to price increases. When fewer new bitcoins enter the market, but demand stays the same (or grows), the price often rises.

Peak解釋說：“減半很重要，因為它減慢了新的比特幣的創建速度。從歷史上看，比特幣的減半導致價格上漲。當更少的新比特幣進入市場時，需求卻保持不變（或增長），價格通常會上漲。

“It’s a bit like gold, if mining gold became twice as hard overnight, but people still wanted it, the price would likely go up. However, past performance doesn’t guarantee the same outcome every time, so there are no certainties."

“這有點像黃金，如果採礦黃金在一夜之間變得艱難，但是人們仍然想要它，價格可能會上漲。但是，過去的表現並不能保證每次都有相同的結果，因此沒有確定性。”

When is the next Bitcoin halving?

下一個比特幣什麼時候減半？

The next bitcoin halving event is expected to happen in 2028, but it all depends on how quickly miners create new blocks, Peak explained.

Peak解釋說，下一個比特幣減半事件預計將在2028年舉行，但這完全取決於礦工創建新塊的速度。

Peak said: "It will happen after another 210,000 blocks have been added to the blockchain, which usually takes around four years.

Peak說：“這將在將210,000個區塊添加到區塊鏈中後，這將發生，這通常需要大約四年。

"This happens because bitcoin has a fixed supply – only 21 million bitcoins will ever exist. The process is built into bitcoin’s code to control inflation, a bit like how central banks manage the money supply, except no one can change bitcoin’s rules."

“發生這種情況是因為比特幣具有固定的供應 - 只有2100萬比特幣將存在。該過程內置在比特幣的代碼中以控制通貨膨脹，有點像中央銀行如何管理貨幣供應，除非沒有人可以更改比特幣的規則。”

Bitcoin halvings are expected to continue until 2040.

預計比特幣的臨界值將持續到2040年。