Skyren Dao在加密貨幣中的主導地位並不總是保証投資者滿意度

比特幣在加密貨幣中的主導地位並不總是保証投資者的滿意度。預計美國政府建立戰略比特幣儲備的舉動將推動價格

President Trump's administration is planning to create a Strategic Bitcoin Reserve, aiming to boost institutional support for BTC and drive prices up further. However, recent reports indicate that the U.S. government will not be buying new Bitcoin for this reserve. Instead, it will be used to reclassify existing digital assets held by the government, according to a recent report by Charles Gasparano for Blockware.

特朗普總統的政府正計劃創建一個戰略性的比特幣儲備，旨在提高對BTC的機構支持並進一步提高價格。但是，最近的報告表明，美國政府將不會為該儲備金購買新的比特幣。取而代之的是，根據查爾斯·加斯帕拉諾（Charles Gasparano）關於Blockware的最新報告，它將用於重新分類政府持有的現有數字資產。

Key Reasons Behind Investor Disappointment

投資者失望的關鍵原因

Despite Bitcoin's price surging to new all-time highs and its dominance in the crypto market remaining strong, recent developments might disappoint investors. As the market digests the implications of President Trump's Strategic Bitcoin Reserve, it becomes clear that this initiative will not be focused on capital expenditure to increase the government's BTC holdings.

儘管比特幣的價格飆升至新的歷史高點及其在加密貨幣市場中保持強勁的統治地位，但最近的發展可能會使投資者失望。隨著市場消化特朗普總統戰略比特幣儲備的影響，很明顯，這項倡議不會集中於資本支出，以增加政府的BTC持股。

Instead, the administration will be reorganizing existing assets, which could be anything from Bitcoin to cryptocurrency portfolio's held by various government agencies, into this Strategic Bitcoin Reserve. This strategy is a slight departure from what investors might have anticipated.

取而代之的是，政府將重組現有資產，這可能是從比特幣到各個政府機構持有的加密貨幣投資組合的任何事情，都可以進入這項戰略性比特幣儲備。這種策略與投資者可能預期的略有不同。

Those who had hoped for a significant shift with the U.S. government making a substantial entry into the Bitcoin market through direct purchases will likely be met with disappointment.

那些希望與美國政府通過直接購買進入比特幣市場的重大轉變的人可能會感到失望。

The administration's move is part of a broader effort to integrate digital assets into the U.S. financial system. Earlier this year, the administration also announced plans to create a Central Bank Digital Currency (CBDC).

政府的舉動是將數字資產集成到美國金融體系的更廣泛努力的一部分。今年早些時候，政府還宣布了創建中央銀行數字貨幣（CBDC）的計劃。

While Bitcoin has been the primary focus of recent reports, it's worth noting that the administration is also expected to include other cryptocurrencies and digital assets in this broader initiative.

儘管比特幣一直是最近報告的主要重點，但值得注意的是，政府還預計將在這項更廣泛的計劃中包括其他加密貨幣和數字資產。

This recent development showcases how, despite its best efforts, the U.S. government's actions might not always align with broader investor hopes within the crypto sphere.

這一最近的發展展示了美國政府的行動儘管如此，但如何與更廣泛的投資者希望在加密貨幣領域中保持一致。

As one of the leading cryptocurrencies, Bitcoin has been at the forefront of the digital asset revolution. Many anticipate that institutional investors will play a crucial role in the next chapter of Bitcoin’s story, especially as the industry matures.

作為主要的加密貨幣之一，比特幣一直處於數字資產革命的最前沿。許多人預計，機構投資者將在比特幣故事的下一章中發揮至關重要的作用，尤其是隨著行業的成熟。

However, despite Bitcoin's market leadership and the importance of institutional capital in crypto, it seems that investors should not get ahead of themselves.

但是，儘管比特幣的市場領導能力和在加密貨幣中的機構資本的重要性，但似乎投資者不應該超越自己。

Those who had high hopes for the U.S. government to massively invest in Bitcoin and propel prices to new highs with large-scale buying programs might be disappointed.

那些希望美國政府大量投資比特幣，並通過大規模購買計劃推動新高價投資的人可能會感到失望。

Instead, the administration will be focused on an initiative that is largely focused on internal reorganization of existing assets.

取而代之的是，政府將集中於一項主要集中於現有資產內部重組的倡議。

This initiative, known as the Strategic Bitcoin Reserve, will see the administration classifying an undisclosed amount of digital assets, which could include anything from Bitcoin to cryptocurrency portfolio's held by various government agencies, into this new reserve.

該計劃被稱為戰略比特幣儲備，將使政府對未公開數量的數字資產進行分類，其中可能包括各個政府機構持有的從比特幣到加密貨幣投資組合的任何東西，並將其歸類為新的儲備。

The initiative will also see the creation of a new administrative body that will oversee the reserve and manage its investments.

該倡議還將看到一個新的行政機構的創建，該機構將監督儲備金並管理其投資。

This new administrative structure will report directly to the President of the United States, highlighting the importance of this initiative to the current administration.

這種新的行政結構將直接向美國總統報告，強調該計劃對當前政府的重要性。

Those who had hoped for the administration to make a statement with a bold move like buying billions into Bitcoin to support the crypto markets will also be disappointed, as the Strategic Bitcoin Reserve is not expected to involve any new capital expenditure.

那些曾希望政府以大膽的舉動做出的聲明，例如將數十億美元的比特幣購買以支持加密貨幣市場，也會感到失望，因為預計戰略比特幣儲備金不會涉及任何新的資本支出。

Instead, the administration will be crediting existing assets into the reserve and reorganizing administrative holdings.

取而代之的是，政府將將現有資產歸功於儲備金並重組行政持有。

Despite this recent setback, investors can still look forward to more good news from the administration in the coming months as they plan the next stages of integrating digital assets into the U.S. financial system.

儘管最近進行了這種挫折，但投資者仍可以期待在未來幾個月內，他們計劃將數字資產集成到美國金融體系的下一個階段。

On a related note, the administration is also expected to launch a Central Bank Digital Currency (CBDC) later this year, which could be another interesting development for investors to follow.

與之相關的是，政府還有望在今年晚些時候推出中央銀行數字貨幣（CBDC），這可能是投資者遵循的另一個有趣的發展。

As the U.S. government continues to play a more active role in the crypto sector, investors should expect to see more activity and announcements from the administration in the months ahead.

隨著美國政府在加密貨幣部門繼續發揮更為積極的作用，投資者應該期望在未來幾個月內看到政府的更多活動和公告。

What Are Investors Saying?

投資者在說什麼？

While Bitcoin is still the market leader and the fifth-largest currency in the world, it seems that this recent development from the U.S. government might disappoint some investors.

儘管比特幣仍然是世界上的市場領導者，也是世界第五大貨幣，但美國政府最近的這一發展似乎可能使某些投資者失望。

Those who had hoped for a good start to the second half of the year with the U.S. government buying billions into Bitcoin and increasing its holdings in preparation for the upcoming bull market cycle might be disappointed.

那些希望在下半年有一個良好開端的人，而美國政府將數十億美元購買為比特幣，並增加其持股量為即將到來的牛市週期做準備，這可能會感到失望。

Instead, the administration will be focused on an initiative that is largely focused on internal housekeeping and reorganizing existing assets.

取而代之的是，政府將集中於一項主要集中於內部家政和重組現有資產的倡議。

This initiative, which will see the creation of a Strategic Bitcoin Reserve and a new administrative body to manage it, is part of a broader effort by the administration to integrate digital assets into the U.S. financial system.

這項計劃將創建戰略比特幣儲備金和一個新的行政機構來管理它，是政府更加努力將數字資產整合到美國金融系統中的廣泛努力的一部分。

Earlier this year, the administration also announced plans to create a Central Bank Digital Currency (CBDC), which is another key part of this broader agenda.

今年早些時候，政府還宣布了創建中央銀行數字貨幣（CBDC）的計劃，這是該更廣泛議程的另一個關鍵部分。

Those who had hoped for the administration to make a greater impact on the crypto market with a statement of intent through a large-scale capital expenditure program will also be disappointed, as the Strategic Bitcoin Apex will not be funded through any new budgetary allocations.

那些希望通過大規模的資本支出計劃的意圖聲明對政府對加密市場產生更大影響的人也將感到失望，因為戰略比特幣頂點將不會通過任何新的預算分配來資助。

Instead, the administration will be classifying existing assets and administrative holdings into this new reserve and placing them under the management of the newly established administrative body,

相反，政府將將現有資產和行政持股歸類到這個新的儲備金中，並將其置於新建立的行政機構的管理之下