随着第二届特朗普政府开始

去年，当唐纳德·特朗普（Donald Trump）进入竞选活动时，他保证自己将成为“加密货币总统”。周一，随着他的第二次政府的开始，比特币飙升至新历史最高近11万美元的新高度，这是由于预期将迫在眉睫的多种加密政策变化。

Coinbase Bytes is your weekly digest of crypto news. Here’s what you need to know this week:

Coinbase Bytes是您每周对加密新闻的消化。这是您本周需要知道的：

Bitcoin neared $110K as the Trump administration began. Plus, new SEC leadership launched a crypto task force to chart a “sensible regulatory path.”

随着特朗普政府的开始，比特币接近11万美元。另外，新的SEC领导层成立了一个加密特遣部队，以绘制“明智的监管道路”。

Almost a dozen states are pursuing bitcoin reserves. A closer look at what they’ve proposed, and the potential for a federal BTC stockpile.

几乎十几个州正在追求比特币储备。仔细观察他们提出的建议，以及联邦BTC库存的潜力。

Numbers to know. MicroStrategy’s latest BTC buy, the percent of Kenyan crypto owners who say crypto improves economic freedom, and more key stats.

数字要知道。 MicroStrategy最新的BTC购买，是肯尼亚加密货币所有者的百分比，他们说加密货币的人可以改善经济自由和更多的关键统计数据。

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Bitcoin hits new all-time high — and volatility — as second Trump administration begins

随着第二届特朗普政府开始

Last year, when Donald Trump was on the campaign trail, he promised he’d be “a crypto president.”

去年，当唐纳德·特朗普（Donald Trump）进入竞选活动时，他保证自己将成为“加密货币总统”。

On Monday, as his second administration began, bitcoin soared to a new all-time high of nearly $110,000, fueled by expectations that a wide range of crypto-forward policy changes would be imminent.

周一，随着他的第二次政府的开始，比特币飙升至新历史最高近11万美元的新高度，这是由于预期将迫在眉睫的多种加密政策变化。

By the end of the day, however, prices dropped below $101,000, as some traders may have sold for a profit and others were potentially disappointed over the lack of crypto references in the president’s inauguration speech or immediate “day one” actions.

然而，到一天结束时，价格下跌了101,000美元，因为一些交易者可能是为了利润而出售的，而另一些交易者对总统就职演讲中缺乏加密参考或立即“第一天”行动感到失望。

On Tuesday, a sunnier picture began to emerge. U.S. Securities and Exchange Commission (SEC) Acting Chairman Mark Uyeda announced a task force aimed at crafting a set of clear rules of the road for crypto, after which prices recovered to around $107,000. A set of additional actions are still expected from the administration in the coming days and weeks.

周二，阳光明媚的照片开始出现。美国证券交易委员会（SEC）代理董事长马克·乌耶达（Mark Uyeda）宣布了一个工作组，旨在制定一系列明确的加密货币道路规则，此后，价格回收至107,000美元左右。在未来几天和几周内，政府仍会有一系列其他行动。

“The president has moved quickly on his agenda,” Coinbase Chief Legal Officer Paul Grewal told Reuters. “The SEC has made it clear they understand that and want to be a part of that.”

Coinbase首席法律官Paul Grewal告诉路透社：“总统已经迅速遵守了他的议程。” “ SEC已经明确表明他们明白了这一点，并希望成为其中的一部分。”

Trump also launched a token of his own on the Solana blockchain last Friday. The Official Trump (TRUMP) coin quickly saw billions of dollars in trade volume, and as of Thursday morning was sitting in the Top 25 biggest cryptocurrencies, with a market cap of $7.4 billion.

特朗普上周五还在Solana区块链上推出了自己的代币。官方的特朗普（特朗普）硬币迅速看到了数十亿美元的贸易量，截至周四上午，坐在前25名最大的加密货币中，市值为74亿美元。

Here’s what else you need to know about markets this week.

这是本周有关市场需要了解的内容。

New SEC task force to develop “sensible regulatory path” for crypto

新的SEC工作组开发加密的“明智的监管路径”

For the last four years, the SEC took a largely “hostile” stance in regards to crypto — refusing to issue clear guidance for the industry, pushing back against innovations like crypto exchange-traded funds, and often pursuing “regulation by enforcement” via lawsuits. 

在过去的四年中，SEC在加密货币方面采取了很大的“敌对”立场 - 拒绝对该行业发布明确的指导，反对加密货币交易所交易的资金等创新，并经常通过诉讼进行“执法法规”。 。

Under the Trump administration, the SEC is already taking a different approach, as evidenced by its creation of a new crypto task force that will be led by longtime SEC commissioner Hester Peirce. The goal of the group is to craft clear crypto regulations that will clarify previously murky rules that led to “confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud,” according to the SEC’s announcement. 

在特朗普政府的领导下，美国证券交易委员会已经采取了不同的方法，这是由长期由SEC SEC专员Hester Peirce领导的新加密工作组所证明的。该组织的宣布称，该组织的目的是制定明确的加密法规，该法规将澄清以前的模糊规则，这导致“合法的事情混乱，这使环境造成了创新的环境和有利于欺诈的环境”。

In Peirce’s words… “We look forward to working hand-in-hand with the public to foster a regulatory environment that protects investors, facilitates capital formation, fosters market integrity, and supports innovation,” wrote the task force’s leader.

用皮尔斯（Peirce）的话说……“我们期待与公众携手合作，以促进一个保护投资者，促进资本形成，促进市场诚信并支持创新的监管环境，”工作队的领导者写道。

What do crypto leaders and analysts think could happen next? 

加密领导者和分析师认为接下来会发生什么？

Speaking to CNBC, Coinbase CEO Brian Armstrong described the inauguration of the new administration as “the dawn of a new day for crypto” and expressed hopes for an executive order that would direct government agencies to work together to create “clear rules”: “That’s what would really allow capital to flow into the United States and for startups to be built there,” said Armstrong.   

Coinbase首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）在与CNBC交谈时，将新政府的就职典礼描述为“加密货币的新日”，并表示希望执行命令，该行政命令将指导政府机构共同努力创建“清晰的规则”：真正允许资本流入美国并在那里建造初创公司的原因。”阿姆斯特朗说。

Meanwhile, Jeremy Allaire — the CEO of USDC issuer Circle — predicts that Trump will soon sign an executive order allowing banks to offer a wide range of crypto services to clients.

同时，USDC发行人Circle的首席执行官Jeremy Allaire预测，特朗普将很快签署一项行政命令，允许银行为客户提供广泛的加密服务。

What about prices? According to a new Standard Chartered report, an increase in institutional investment in crypto could push BTC to $200,000 and ETH to $10,000 by the end of the year. Longer term, BlackRock CEO Larry Fink suggested that a single bitcoin could someday be worth as much as $700,000 if enough major investment funds added crypto to their allocation mix. 

那价格呢？根据一份新的标准宪章报告，到年底，对加密货币的机构投资的增加可能会将BTC提高到200,000美元，而ETH则可以将ETH提高到10,000美元。从长远来看，贝莱德（BlackRock）首席执行官拉里·芬克（Larry Fink）建议，如果足够多的主要投资基金将加密货币添加到其分配组合中，那么有一天，一个比特币的价值可能高达700,000美元。

Litecoin spikes on potential ETF launch news 

Litecoin在潜在的ETF发布新闻上

Last year at this time, crypto markets were rallying after the blockbuster debut of spot BTC exchange-traded funds. 

去年，此时，加密货币市场在现货BTC交易所交易资金的大片首次亮相之后集会。

This week, Litecoin (LTC) surged by around 20% on the news that Canary Capital had received comments from the SEC on its application for an ETF that would buy LTC and sell shares via conventional markets. “Litecoin ETF now has all the boxes checked,” Bloomberg ETF analyst Eric Balchunas said on X. “The first altcoin ETF of 2025 is about to be on the clock

本周，Litecoin（LTC）对Canary Capital收到了SEC的评论对其ETF申请的评论的消息飙升了约20％，该申请将通过传统市场购买LTC并出售股票。彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）在X上说：“ Litecoin ETF现在已经检查了所有盒子。”