比特币要撕裂吗？亚瑟·海斯（Arthur Hayes）这样认为，估计最高加密货币的价格将在今年年底上涨至25万美元。

这个故事的一个版本出现在我们3月21日的《综述时事通讯》中。在此处注册。星期五快乐！埃里克在这里。

A version of this story appeared in our The Roundup newsletter on March 21. Sign up here.

这个故事的一个版本出现在我们3月21日的《综述时事通讯》中。在此处注册。

Happy Friday! Eric here.

星期五快乐！埃里克在这里。

Is Bitcoin (BTC) about to rip?

比特币（BTC）会撕裂吗？

Arthur Hayes, the chief investment officer at Maelstrom, thinks so, estimating that the top cryptocurrency’s price will rally to $250,000 by the year end.

Maelstrom的首席投资官Arthur Hayes估计，到年底，最高加密货币的价格将升至250,000美元。

And he’s even more confident after Federal Reserve Chair Jerome Powell signalled that the central bank will allow more liquidity to flow through the American economy. '+'Stay nimble and cashed up,' Hayes advised in a tweet.

在美联储主席杰罗姆·鲍威尔（Jerome Powell）表示，中央银行将允许更多的流动性流入美国经济后，他更加自信。海耶斯在一条推文中建议。

His bullishness comes at a challenging time for the crypto industry.

对于加密货币行业来说，他的看涨是在一个充满挑战的时刻。

Donald Trump’s zig-zagging tariff policies continue to rattle markets — the total crypto market is down 21% since the president’s inauguration. The S&P 500 and the Nasdaq 100 indexes are down about 6% and 9%, respectively, in that time.

唐纳德·特朗普（Donald Trump）的曲折关税政策继续颠覆了市场 - 自从总统就职典礼以来，加密货币市场总额下降了21％。在那个时候，标准普尔500指数和纳斯达克100指数分别下降了约6％和9％。

Not even Ripple’s (XRP) victory against the Securities and Exchange Commission, nor the president’s speech at the Digital Asset Summit shook markets out of their rut.

甚至连瑞普（XRP）击败了美国证券交易委员会的胜利，也没有总统在数字资产峰会上的讲话从他们的车辙中脱颖而出。

But Hayes' argument is that Trump’s policies are designed to spark recession fears and force the Fed to devalue the dollar and unleash a wave of liquidity into the market. A top economist even suggests that Bitcoin could play a role in dethroning the dollar.

但是海耶斯的论点是，特朗普的政策旨在激发衰退的恐惧，并迫使美联储贬低美元，并向市场发动一波流动性。一位顶级经济学家甚至建议比特币可以在废弃美元的情况下发挥作用。

“They’re going to reflate and print more money than anyone’s ever printed before,” Hayes said earlier in March.

海耶斯在三月初说：“他们将重新融化和印刷更多的钱。”

That’s bullish for Bitcoin — more money in the market means more cash to inject into risk assets like crypto and tech stocks.

这是对比特币的看涨 - 市场上的更多钱意味着将更多的现金注入加密和科技股等风险资产。

Not everyone’s convinced.

并非每个人都相信。

“Every onchain metric signals a bear market,” said Ki Young Ju, the CEO of CryptoQuant, a crypto analytics firm.

加密分析公司CryptoQuant的首席执行官Ki Young Ju说：“每个OnChain Metric都会向熊市市场发出信号。”

Earlier in the week, he predicted that there will be six to 12 months of bearish or sideways price action.

在本周早些时候，他预测将有六到12个月的看跌或侧向价格行动。

Solana reels from crypto backlash after ‘infantile’ video ad

“婴儿”视频广告之后，加密反弹的Solana卷轴

The MAGA movement has benefitted from the crypto industry’s donations, but that doesn’t mean the industry can benefit from parroting right-wing talking points. The Solana Foundation learned that lesson this week after it posted an ad that was absolutely panned online.

Maga运动已从加密货币行业的捐款中受益，但这并不意味着该行业可以从折叠右翼谈话点中受益。 Solana基金会在发布一张绝对在网上播放的广告后，本周学到了这一教训。

XRP ETF approval chances jump as SEC drops Ripple case

XRP ETF批准机会随着SEC掉落的连锁反应而跳跃

The chances that the SEC will approve XRP exchange-traded funds surged after the agency dropped its case against Ripple this week. JPMorgan expects XRP ETFs to see inflows of $8 billion within their first year of trading.

SEC在本周对Ripple的案件中撤销其案件后，SEC批准XRP交易所贸易资金的机会。摩根大通预计XRP ETF在交易的第一年内将看到80亿美元的流入。

A16z flexes political clout with 50-page crypto screed to SEC

A16Z用50页的加密货币剥离了政治影响力

Venture capital giant Andreessen Horowitz made another pro-crypto overture this week by urging the SEC to essentially throw out former chair Gary Gensler’s playbook when it came to digital assets.

Venture Capital Giant Andreessen Horowitz本周敦促SEC在数字资产方面敦促前董事长Gary Gensler的剧本，从而抛出了前董事长Gary Gensler的剧本。

Post of the Week

本周帖子

The Solana Foundation may have taken down its ad, but that didn’t stop the memes from piling on.

Solana基金会可能已经取消了广告，但这并没有阻止模因堆积。