特朗普宣布計劃建立以比特幣和以太坊為特色的“加密戰略儲備”

週日，唐納德·特朗普總統宣布，美國計劃建立“加密戰略儲備”，該儲備將以著名的加密貨幣為特色，例如比特幣和以太坊

President Donald Trump announced on Sunday that the U.S. plans to create a “crypto strategic reserve,” which will include major cryptocurrencies like bitcoin and ethereum, leading to a surge in crypto prices.

唐納德·特朗普總統週日宣布，美國計劃創建“加密戰略儲備”，其中包括比特幣和以太坊等重大加密貨幣，導致加密貨幣價格上漲。

This move marks Trump’s latest initiative in engaging with the cryptocurrency sector, which he has increasingly positioned himself as a key supporter of in recent months ahead of the November election.

此舉標誌著特朗普在與加密貨幣領域互動的最新舉措，他越來越多地將自己定位為11月大選前幾個月的主要支持者。

Key Facts

關鍵事實

Trump said that a national crypto reserve would help “elevate this critical industry after years of corrupt attacks,” and that he has instructed his administration to “proceed with the Crypto Strategic Reserve,” which will feature prominent cryptocurrencies such as XRP, Solana, and ADA.

特朗普說，國家加密保護區將在經過多年的腐敗襲擊後“提升這個關鍵行業”，並指示他的政府“繼續使用加密戰略儲備”，該儲備將以XRP，Solana和Ada等著名的加密貨幣為特色。

In a follow-up post, Trump stated that the reserve will “obviously” have bitcoin and ether as the “heart of the Reserve,” showcasing his enthusiasm for the two leading cryptocurrencies.

特朗普在後續帖子中說，該儲備將“顯然”以比特幣和以太作為“儲備的心臟”，展示了他對兩種主要加密貨幣的熱情。

This announcement follows an executive order from Trump on January 23, directing his administration to form a “working group” to propose a regulatory framework for digital assets, including the possibility of a “national digital asset stockpile.”

該公告是在1月23日從特朗普發出的行政命令之後的，指示他的政府組成一個“工作組”，以提出針對數字資產的監管框架，包括“國家數字資產庫存”的可能性。

What Was The Impact On Crypto Prices?

對加密價格有什麼影響？

Following Trump’s announcement, bitcoin surged over 10%, increasing from around $94,000 to more than $94,000 early Sunday afternoon. Meanwhile, ethereum experienced a 13% rise, briefly surpassing $2,500 earlier in the afternoon.

特朗普宣布這一消息後，比特幣飆升了10％以上，從約94,000美元增加到週日下午的94,000美元以上。同時，以太坊經歷了13％的增長，在下午早些時候短暫超過了2500美元。

Smaller market cap coins that Trump mentioned—like XRP, ADA, and Solana—also saw their prices soar by at least 20% shortly after the announcement.

特朗普提到的較小的市值硬幣（例如XRP，ADA和Solana）也看到其價格在宣布後不久至少飆升了20％。

What Would A ‘Crypto Strategic Reserve’ Look Like?

“加密戰略儲備”會是什麼樣？

The specifics of the proposed crypto stockpile are still unclear, but Trump’s executive order suggests that the reserve could be “potentially derived” from cryptocurrency seized by federal authorities “through law enforcement efforts.”

擬議中的加密儲備的細節仍不清楚，但特朗普的行政命令表明，該儲備可以從聯邦當局“通過執法努力”“有可能從聯邦當局抓住的加密貨幣中獲得”。

The New York Times reports that the federal government currently holds an estimated $19 billion in seized bitcoin, which could be used to form the reserve.

《紐約時報》報導說，聯邦政府目前估計持有190億美元的查獲比特幣，可用於構成儲備。

The Washington Post adds that the government has previously sold off its crypto assets, which can lead to a decline in crypto prices. However, keeping this cryptocurrency in a stockpile would help prevent such price drops. It remains to be seen whether Trump would seek to acquire significant amounts of new cryptocurrency to expand the reserves, which could further stimulate the crypto market and benefit existing holders, but would likely require congressional approval, as the Times notes.

《華盛頓郵報》補充說，政府以前已經出售了其加密資產，這可能導致加密貨幣價格下降。但是，將這種加密貨幣保留在庫存中將有助於防止這種價格下跌。特朗普是否會尋求獲得大量新的加密貨幣來擴大儲量，這可能會進一步刺激加密貨幣市場並受益於現有持有人，這還有待觀察，但正如《時報》指出的那樣，可能需要國會批准。

Chief Critic

首席評論家

While the cryptocurrency community has expressed support for the idea of a national crypto stockpile, some economists have voiced concerns about the initiative. They argue that the government’s involvement in cryptocurrency could be a risky move, primarily benefiting current crypto holders and risking the loss of billions in taxpayer money should the market value decrease.

儘管加密貨幣社區表示支持國家加密貨幣的想法，但一些經濟學家對該計劃表示關注。他們認為，政府參與加密貨幣可能是一項冒險的舉動，主要使當前的加密持有人受益，並冒著在市場價值下降的情況下冒著數十億美元的納稅人貨幣損失的風險。

“There’s just no discernible logic to do it,” said Mark Zandi, chief economist at Moody’s Analytics, in a November statement about a national crypto stockpile. “I understand why crypto investors would be in favor of it. But other than that, I don’t see the value-added, especially if the taxpayers are going to be on the hook for the cost.”

穆迪分析（Moody's Analytics）的首席經濟學家馬克·贊迪（Mark Zandi）在11月份關於國家加密貨幣庫存的聲明中說：“沒有可辨認的邏輯。” “我知道為什麼加密投資者會支持它。但是除此之外，我看不到增值，尤其是如果納稅人將付出代價。”

Why Do Crypto Advocates Want A Stockpile?

為什麼加密擁護者想要庫存？

Cryptocurrency supporters highlight that a national stockpile would benefit the industry by enabling the government to make regular purchases of crypto and reducing the impact of government sell-offs, which are known to influence market prices. They believe it could also contribute to reducing the national debt, as the federal government’s revenue would increase with the rising value of its crypto investments.

加密貨幣支持者強調，國家股票將使政府能夠定期購買加密貨幣並減少政府拋售的影響，這將影響市場價格，這將使該行業受益。他們認為，這也可能有助於減少國家債務，因為聯邦政府的收入將隨著其加密投資的不斷增長而增加。

In July, Sen. Cynthia Loomis, R-Wyo., introduced legislation to establish a national bitcoin stockpile, presenting cryptocurrency as a government “savings technology” and a means to “improve America’s balance sheet,” which she stated would "go a long way to help us begin paying down the national debt."

7月，R-Wyo。參議員辛西婭·洛米斯（Cynthia Loomis）提出了立法，以建立國家比特幣庫存，提出加密貨幣作為政府“儲蓄技術”，並是“改善美國資產負債表”的手段，她說，這將使我們很長一段路，以幫助我們開始償還國債。”

Tangent

切線

One cryptocurrency not mentioned in Trump’s announcement is tether, a stablecoin that is pegged to the U.S. dollar. However, the Post reports that the seized cryptocurrencies available for a stockpile may include this stablecoin.

特朗普公告中未提及的一個加密貨幣是Tether，這是一種與美元掛鉤的穩定幣。但是，該帖子報告說，可用於庫存的扣押加密貨幣可能包括此穩定幣。

This is relevant because Trump’s Commerce Secretary Howard Lutnick has ties to tether. Reports indicate that Cantor Fitzgerald, which Lutnick previously headed, is involved in managing tether’s portfolio and has recently secured a deal that could grant it a 5% ownership stake in tether.

這很重要，因為特朗普的商務部長霍華德·盧特尼克（Howard Lutnick）與繫繩有聯繫。報導表明，盧特尼克先前領導的坎托·菲茨杰拉德（Cantor Fitzgerald）參與了Tether的投資組合管理，並最近獲得了一項交易，可以授予其5％的所有權股權。

Although Lutnick has stepped down from his role at Cantor Fitzgerald and is in the process of divesting from it due to his government position, his connection to tether has drawn scrutiny, with Sen. Elizabeth Warren, D-Mass., raising “serious concerns” about the implication of his involvement for policies regarding tether and broader cryptocurrency sector. The White House and Commerce Department did not immediately respond to requests for comment on Lutnick’s role in the Crypto Strategic Reserve.

儘管盧特尼克（Lutnick）辭去了他在坎托·菲茨杰拉德（Cantor Fitzgerald）的角色，並且由於他的政府職位而撤離了他的角色，但他與特ether的聯繫受到了審查，參議員伊麗莎白·沃倫（Elizabeth Warren），d-mass。，引起了對他對Tether和Broader Broader Cryperercrypererencelency sector的參與的“嚴重關切”。白宮和商務部沒有立即回應有關盧特尼克在加密戰略儲備中的作用的評論請求。

Key Background

關鍵背景

Trump has become a notable voice in the crypto sphere ahead of the November election, enlisting the fundraising support of prominent figures in the industry. He has introduced a series of proposals that would benefit

特朗普在11月大選之前已成為加密貨幣領域的著名聲音，並獲得了該行業中著名人物的籌款支持。他提出了一系列提議，這些建議將受益