十年前崩盘的交易所开启“赔币计划” 机构预测比特币将续创新高

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摘要 【十年前崩盘的交易所开启“赔币计划” 机构预测比特币将续创新高...
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摘要
【十年前崩盘的交易所开启“赔币计划” 机构预测比特币将续创新高】7月2日,数字资产数据公司CCData发布了《2024年下半年展望报告》,报告认为比特币尚未达到当前升值周期的顶部,今年可能会创下新的历史高点。备受投资者注意的是,十年前倒闭的比特币交易所Mt.Gox近日公告称,将从2024年7月初开始向投资者偿还比特币和比特币现金(比特币现金于2017年8月创建,是比特币的一个分支)。市场担忧,一旦偿还计划开启,用户很有可能会抛售“失而复得”的数字货币,以求入袋为安,比特币上涨趋势或将进一步承压。

  7月2日,数字资产数据公司CCData发布了《2024年下半年展望报告》(下称“报告”),报告认为比特币尚未达到当前升值周期的顶部,今年可能会创下新的历史高点。

On 2 July, the digital asset data company CCData released its Vision Report for the second half of 2024 (hereinafter referred to as “the Report”), which concluded that Bitcoin had not reached the top of the current appreciation cycle and that it was likely to reach a new historical high this year.

  3月14日,比特币一度飙升至73000美元上方,创下了73835美元的历史高点,其后价格基本在58000美元-70000美元的区间波动。截至记者发稿,比特币报60912美元。

On 14 March, Bitcoin surged to over $73,000, creating a historic high of $73,835, after which prices fluctuated around $58,000-$700. As a journalist's release, Bitcoin reported $60,912.

  备受投资者注意的是,十年前倒闭的比特币交易所Mt.Gox近日公告称,将从2024年7月初开始向投资者偿还比特币和比特币现金(比特币现金于2017年8月创建,是比特币的一个分支)。

Of note to investors is the recent announcement by the Bitcoin Exchange, Mt. Gox, which collapsed 10 years ago, that the repayment of Bitcoin and Bitcoin cash to investors will begin in early July 2024 (the Bitcoin cash was created in August 2017 and is a branch of Bitcoin).

  市场担忧,一旦偿还计划开启,用户很有可能会抛售“失而复得”的数字货币,以求入袋为安,比特币上涨趋势或将进一步承压。

The market fears that once the repayment plan is in place, users are likely to sell the

  Mt.Gox偿还在即

Mt.Gox reimburses at .

  6月24日,Mt.Gox公布了一则重磅消息,称将在7月开启偿还计划。

On 24 June, Mt. Gox released a heavy-pound message that a payment plan would be opened in July.

  Mt.Gox在中国拥有一个很接地气的昵称——“门头沟”交易所,其总部位于日本东京。十年前,该交易所曾是世界最大的比特币交易平台,一度占据全球7成左右的比特币交易量。

Mt. Gox has a well-known nickname in China – the “door ditch” exchange, based in Tokyo, Japan. Ten years ago, it was the world’s largest Bitcoin trading platform, accounting for about 70% of the world’s Bitcoin trade volume.

  2014年2月,Mt.Gox称遭到黑客袭击,约85万枚比特币被洗劫一空,其中大部分属于用户所有,占比达到88%,约75万枚。以当时的比特币兑换率计算,丢失的比特币总额约为114亿日元。2月28日,Mt.Gox向日本东京地方法院申请破产保护。

In February 2014, Mt. Gox claimed to have been hacked, and about 850,000 bitcoins were looted, mostly by users, amounting to 88%, or about 750,000. At the then bitcoin exchange rate, the total lost bitcoins was approximately 11.4 billion yen. On February 28, Mt. Gox applied to the Tokyo District Court of Japan for bankruptcy protection.

  其后Mt. Gox宣称寻回了20万枚比特币,历经漫长的法律程序,法院于2019年裁定将14万余枚比特币交付信托保管,并协商债权人投票,选择清偿方案。

Mt. Gox then claimed to have recovered 200,000 bitcoins and, after lengthy legal proceedings, the court decided in 2019 that more than 140,000 bitcoins would be placed in trust and that creditors would vote to opt for a settlement.

  值得注意的是,在这十年,比特币价格已经从当初的600美元价位飙升至当下的60000美元,偿还计划的开启意味着用户“失而复得”的比特币将成为一个被动投资了十年,价值翻了百倍的资产。

It is worth noting that during this decade, the price of Bitcoin has soared from the original $600 to the current $60,000, and the opening of the repayment plan means that the “lost and recovered” bitcoin of the user will be a passive investment for 10 years, with a 100-fold increase in value.

  加密货币借贷公司 Ledn 的首席投资官John Glover表示,许多人的资产因 Mt. Gox 破产而受困,而这是他们做过的最好投资,有些人显然会选择拿了钱就跑。

John Glover, the chief investment officer of the crypto-currency lending company Ledn, stated that the assets of many people were trapped by the bankruptcy of Mt. Gox, which was the best investment they had ever made, and that some of them apparently would have chosen to take the money and run.

  市场亦有很多担忧认为,随着Mt.Gox债权人得到补偿并出售部分比特币资产,这可能会对比特币价格上涨带来压力。

There are also many concerns in the market that as Mt. Gox creditors are compensated for and sell some of their Bitcoin assets, this may put pressure on the price increase in bitcoin.

  加密货币交易所 OKX 首席商务官 Lennix Lai 则认为,对于抛售的担忧可能只是短期的,因为“Mt.Gox 的许多早期用户以及债权人都是比特币的长期爱好者,他们不太可能立即出售所有比特币”。

Lennix Lai, the chief business officer of the encrypted currency exchange OKX, argued that the fear of selling out might be short-term, since “many early users of Mt.Gox, as well as creditors, are long-term fans of Bitcoin, who are unlikely to sell all bitcoins immediately”.

  而在CCData的研究分析师Jacob Joseph看来,市场完全有能力消化这些抛售压力,其影响可能已经在近期的价格走势中得到了反映。

In the view of CCData research analyst Jacob Joseph, the market is well placed to absorb these dumping pressures, and their effects may have been reflected in recent price trends.

  “据相关分析人士统计,涉及的比特币价值约为90亿美元,相当于超过一半的比特币ETF流入量,这可能对市场产生一定影响。”OKX研究院高级研究员赵伟向21世纪经济报道记者补充表示。

“According to the relevant analysts, the amount of bitcoin involved is about US$ 9 billion, equivalent to more than half of the amount of bitcoin ETF inflows, which may have an impact on the market.” Zhao Wei, a senior researcher at the OkX Institute, added to the Economic Reporter for the 21st Century.

  另有业内人士向21世纪经济报道记者分析称,考虑到市场对Mt.Gox事件的了解和预期已经充分反映在当前价格中,再加上赔偿计划的时间跨度较长,实际影响可能较为有限。

According to other sources, the actual impact may be more limited, given the market's knowledge and expectations of the Mt. Gox incident, which has been fully reflected in the current price, and the longer duration of the compensation scheme.

  “减半”后迎价格扩张期?

“Stand by half” for price expansion?

  今年初,在美国证券交易委员会(SEC)批准首个现货比特币ETF后,比特币迎来了一波强势上涨,并于3月中旬突破了73000美元,其后走势相对疲软,价格长期在6000美元上方浮动。

Early this year, in the United States

  对于比特币近段时间以来的走势,数字资产投资公司,CoinShares分析称,价格走势主要受到美联储最近点阵图的影响,中位数预计2024年剩余时间内只会降息一次。虽然这对大型科技公司影响不大,但小型、中型股和比特币等对利率敏感的资产受到了影响。此外,强势美元削弱了比特币的发展势头。

With respect to the recent trends in Bitcoin, CoinShares, Digital Assets Investment Corporation, analyses that price trends are largely influenced by the Fed’s latest dotted chart, with the median expected to reduce interest rates only once for the rest of 2024. While this has little impact on large technology companies, small, medium-sized equity, and interest-rate-sensitive assets, such as Bitcoin, have been affected.

  CoinShares还提及,Mt.Gox的偿还计划可能会向市场释放大量比特币,同时德国政府也开始出售比特币,这削弱了市场情绪。值得一提的是,德国政府是比特币的重要持有者之一。据链上分析师余烬监测,标记为德国政府的地址自6月19日以来已转出7828枚比特币,价值约合4.96亿美元。

CoinShares also mentioned that Mt. Gox’s repayment plan could release large amounts of bitcoins to the market, while the German government began selling bitcoins, weakening market sentiment. It is worth mentioning that the German government is one of the important holders of bitcoins.

  后市而言,CCData报告认为,第三季度的交易活动可能会降低,这可能意味着价格将呈现更多的横盘走势。不过,数据和之前的趋势足以表明,横向价格走势将是暂时的,价格很可能会在年底前再次突破之前的历史高点。

For the latter city, the CCData report suggests that trading activities in the third quarter may decline, which may mean that prices will show more movement across the board. However, the data and previous trends are sufficient to suggest that horizontal price movements will be temporary and that prices are likely to break past historical highs before the end of the year.

  “预计年内大概率会在5万~7万美元之间波动,核心影响因素是美国降息时间表,其次是美国比特币ETF的交易金额情况。”中央财经大学法学院教授邓建鹏向21世纪经济报道记者表示。

“It is expected that the rate will fluctuate between $50,000 and $70,000 during the year, with the central influence being the United States interest-reduction schedule, followed by the amount of money traded by the United States' ETF in Bitcoin.” Professor Deng Jianping, Faculty of Law, University of Central Finance, said to a 21st century economic reporter.

  上述报告还提及,继4月19日第四次比特币减半事件之后,比特币的价格走势在接下来的三个月里基本保持在区间波动,叠加交易活动的下降,有猜测认为本轮市场周期已经触顶。

The above-mentioned report also refers to the fact that, following the fourth halving of Bitcoin on 19 April, the price trend in Bitcoin remained largely volatile between regions for the following three months, adding up the decline in trading activity, and it is assumed that the current market cycle has reached its peak.

  “然而,历史趋势表明,减半事件总是预示着价格扩张期的到来,(根据此前数据预测)上涨期可能从366天到548天不等。”CCData强调。

“Historical trends suggest, however, that the halving of events always heralds a period of price expansion, which may vary from 366 to 548 days (based on previous data).

  “减半”是比特币的一个重要特征。根据比特币的协议规定,比特币的总供应量是2100万枚,大约每隔四年,比特币挖矿奖励将会减少一半,其主要目的是减缓新比特币的产出速度,从而维持比特币的稀有价值。

“50-50” is an important feature of Bitcoin. According to the Bitcoin agreement, the total supply of Bitcoin is 21 million, and the Bitcoin mining incentive will be halved approximately every four years, with the main aim of slowing the output of New Bitcoin and thus maintaining its rare value.

  资料显示,2020 年 5 月,通过虚拟“挖矿”添加到网络的新比特币数量(每 10 分钟一次)从 12.5 减半至 6.25。2024 年 4 月,挖矿奖励再次下降至3.125。这一过程将持续进行,直到 2100 万枚代币全部开采完毕,预计会在 2140 年左右发生。

According to the data, in May 2020, the number of new bitcoins added to the network through virtual “mining” (every 10 minutes) was halved from 12.5 to 6.25. In April 2024, the incentive for mining fell again to 3.125. This process will continue until 21 million coins are fully mined and is expected to take place around 2140.

  围绕比特币价格走势,赵伟提醒称,综合而言,比特币价格通常受到宏观经济环境、监管动态、行业创新、投资者情绪等多方面因素的影响。

Around the trend in bitcoin prices, Zhao Wei cautioned that, in aggregate, bitcoin prices are often influenced by a macroeconomic environment, regulatory dynamics, industrial innovation and investor sentiment.

  具体而言,在宏观经济环境方面,全球经济复苏或衰退趋势都可能影响比特币价格。此外,美联储的政策也是影响价格走势的核心因素。在监管方面,各国目前正在积极制定监管政策,尽管仍处于早期阶段,充满不确定性,但随着全球监管的逐步发展,比特币及其加密行业有望迎来健康的发展。在行业创新方面,围绕比特币原生理念的创新技术正逐步渗透到各个领域。当这些创新技术渗透到人们的日常生活中时,以比特币为核心的加密行业可能会迎来新的发展阶段。

On the regulatory front, countries are now actively developing regulatory policies, albeit at an early stage and subject to uncertainty, but, as global regulation progresses, the bitcoin and its encryption industries are expected to develop healthyly. In terms of industrial innovation, innovative technologies around Bitcoin’s original philosophy are gradually gaining ground in various areas.

  以太坊现货ETF或7月上线

with Taiku spot ETF or July online

  另一方面,比特币ETF上线至今也取得了显著进展。

On the other hand, significant progress has been made to date on the Bitcoin ETF.

  加密金融研究服务商SoSoValue数据显示,截至发稿,美国11只比特币现货 ETF 总资产净值为 537.33 亿美元,历史累计净流入已达 146.39亿美元。现货比特币ETF允许投资者购买跟踪比特币价格的产品,无需拥有基础加密货币。

The encrypted financial research service provider So SoValue shows that, as of the date of the release, the total assets of the 11 United States-owned spot ETFs in Bitcoin were $537.33 billion, with a cumulative cumulative net inflow of $4.639 billion. The spot ETF allows investors to purchase products that track bitcoin prices without the need for basic encryption currency.

  本月,以太坊现货ETF的上线时间点备受市场关注。在6月,美国SEC主席Gary Gensler在回答相关问询时曾表示,“我不知道具体时间,但进展顺利。” 另据媒体报道,有资产管理公司乐观地认为,SEC最早或将于7月中旬批准首批现货以太坊ETF 。

In June, United States Chairman Gary Gensler, in response to queries, said, “I don't know the exact time, but it's going well.” Also in the media, asset management companies were optimistic that SEC would approve the first batch of spot ETFs as early as, or in mid-July.

  以太坊于 2015 年推出,其核心特性在于“智能合约”的应用。在满足条件时,智能合约将会自动执行,而无需任何参与方知道交易的另一方是谁,因此无需任何中间人。

The core feature of Ether, launched in 2015, is the application of the Smart Contract.

  按总市值计算,以太坊目前是全球第二大加密货币。截至发稿,比特币总市值报12000亿美元,以太坊报4022亿美元,前者大概是后者的2.9倍。数字资产公司Galaxy目前预计,以太坊现货ETF流入量可能约为比特币现货 ETF 流入量的 1/3。

At the aggregate market value, the Taipan is currently the second largest encrypted currency in the world. As of the date of issuance, the total market value of Bitcoins was US$ 120 billion, or about 2.9 times the value of the latter.

  邓建鹏认为,以太坊ETF若上线,将大概率推高以太币价格,同时也可能助推以太坊L2层代币的价格。价格提升也可能吸引更多投资者以及开发者参与以太坊网络,并刺激其他币种申请ETF。

According to Deng Jianpang, if the ETF went online, it would probably push it up to an ETF price, and it could also boost the price of the ETF’s L2 layer. Price hikes could also attract more investors and developers to the ETA network, and stimulate other currencies to apply for ETFs.

  年初至今,以太坊价格已从2281美元上涨至3341美元,涨幅46%,但整体走势波动较大。

From the beginning of the year to the present, the price of Etheria has risen from $2281 to $3341, a 46 per cent increase, but the overall trend has been more volatile.

(文章来源:21世纪经济报道)

(原标题:全球金融观察丨十年前崩盘的交易所开启“赔币计划”,机构预测比特币将续创新高)

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