唐納德·特朗普（Donald Trump）第二任期的前100天重塑了加密貨幣和區塊鏈景觀

從就職日之前推出新的模因硬幣到創建美國比特幣儲備

The first 100 days of US President Donald Trump’s second term have seen a dramatic reshaping of the cryptocurrency and blockchain landscape through sweeping policy moves, regulatory changes, and the president’s own controversial personal involvement.

美國總統唐納德·特朗普（Donald Trump）的第二任期的前100天通過全面的政策動作，監管變化以及總統自己有爭議的個人參與，對加密貨幣和區塊鏈景觀進行了巨大改造。

From the launch of a new meme coin ahead of Inauguration Day to the creation of a US Bitcoin reserve, Trump has pushed an aggressively pro-crypto stance, which has simultaneously sparked regulatory concern, geopolitical tension, and significant market volatility.

從就職日之前推出新的模因硬幣到創建美國比特幣儲備，特朗普已經推動了一種積極的親克萊托普立場，該立場同時引發了監管問題，地緣政治緊張局勢和嚴重的市場波動。

A series of tariffs, executive orders, and personnel appointments have created both opportunity and uncertainty across digital asset markets.

一系列的關稅，執行訂單和人員任命已經在數字資產市場上既創造了機會又創造了不確定性。

While Trump’s supporters highlight his role in advancing crypto adoption and tout his administration’s actions to deregulate the industry, critics argue that the president’s involvement has prioritized personal gains over broader economic interests and good governance.

雖然特朗普的支持者強調了他在推進加密貨幣採用和吹捧政府對行業的行動中的作用中的作用，但批評家認為，總統的參與將個人收益優先於更廣泛的經濟利益和良好的治理。

As Trump reached the 100-day mark of his second term, Blockfolio took a look at some of the key developments that have unfolded so far.

當特朗普達到第二任期的100天標記時，Blockfolio看了迄今為止展開的一些關鍵發展。

WLFI token launch, SEC shakeup mark start of term

WLFI令牌發布，SEC Chaphup Mark學期開始

On 20 January, as Trump took the oath of office, his family’s investment firm World Liberty Financial (WLFI) launched the second phase of its token sale.

1月20日，特朗普宣誓就職時，他的家人的投資公司World Liberty Financial（WLFI）推出了其代幣銷售的第二階段。

The non-transferable WLFI token was followed by a wave of crypto-friendly appointments.

不可轉讓的WLFI代幣之後是一波對加密友好的約會。

Paul Atkins was named as SEC Chair on day one, replacing Gary Gensler, while Brian Quintenz was nominated to lead the CFTC.

保羅·阿特金斯（Paul Atkins）在第一天被任命為SEC主席，取代了加里·貢斯勒（Gary Gensler），而布萊恩·昆滕茲（Brian Quintenz）則被提名領導CFTC。

David Sacks, a vocal supporter of crypto, was appointed to chair the President’s Council of Advisors on Science and Technology, positioning him as a central figure in both blockchain and AI policymaking.

加密貨幣的聲樂支持者戴維·薩克斯（David Sacks）被任命為科學技術顧問委員會主席，將他定位為區塊鍊和AI決策的中心人物。

The WLFI token, initially marketed as a patriotic memecoin aligning with Trump’s return to power, gained traction on platforms like X and Telegram.

WLFI代幣最初是作為愛國的紀念物銷售的，與特朗普的重返權力保持一致，在X和Telegram等平台上獲得了吸引力。

The token’s branding heavily featured themes tied to American exceptionalism and conservative values.

代幣的品牌廣為特色，主題與美國例外主義和保守價值觀相關。

Despite being non-tradable and unavailable on major exchanges, the project drew attention from retail investors hoping for eventual utility.

儘管在主要交易所無法交易且無法獲得，但該項目吸引了希望最終提供公用事業的零售投資者的關注。

WLFI’s promotional material also teased exclusive access perks for top holders, culminating in a controversial event later in the quarter.

WLFI的促銷資料還嘲笑了頂級持有人的獨家訪問權限，最終在本季度晚些時候發生了有爭議的活動中。

Trade tariffs shake miners, while Bitcoin reserve takes shape

貿易關稅搖晃礦工，而比特幣儲備會成形

Just weeks into the new administration, Trump’s economic nationalism began to impact the crypto industry.

在新政府的幾週內，特朗普的經濟民族主義開始影響加密貨幣產業。

On 1 February, broad tariffs were imposed on Mexico, China, and Canada, citing security and fentanyl concerns.

2月1日，墨西哥，中國和加拿大徵收了廣泛的關稅，並以安全性和芬太尼的關注。

Markets dipped in response, with Bitcoin miners being particularly affected due to higher import costs for essential hardware.

市場下跌，由於基本硬件的進口成本更高，比特幣礦工受到了尤其影響。

The situation escalated on 2 April when Trump introduced a 10% minimum tariff on all countries that tax US goods, branding it “Liberation Day.”

局勢在4月2日昇級時，特朗普對所有對美國商品徵稅的國家提出了10％的最低關稅，並將其標記為“解放日”。

However, despite the administration’s efforts to maximise revenue, the tariffs were met with mixed reactions.

然而，儘管政府努力最大程度地提高收入，但關稅還是遇到了不同的反應。

CoinShares strategists pointed out that while the administration is focused on increasing the US’s trade surplus, the tariffs could backfire and ultimately destabilise the global economy.

Coinshares戰略家指出，儘管政府專注於增加美國的貿易盈餘，但關稅可能會適得其反並最終破壞全球經濟的穩定。

Meanwhile, on March 7, the president signed an executive order establishing a Strategic Bitcoin Reserve.

同時，3月7日，總統簽署了一項行政命令，建立了戰略性比特幣儲備。

The move, which came amid speculation about a large-scale BTC purchase by the US Treasury, was intended to formalise the nation’s stake in crypto markets.

此舉是在猜測美國財政部大規模BTC購買的猜測，旨在使該國在加密市場中的股份正式化。

It followed an earlier statement from Trump in January, where he expressed his preference for Bitcoin over fiat currency.

此後，特朗普在一月份發表了較早的聲明，他表示對比特幣而不是法定貨幣。

The executive order also tasked the administration with exploring the role of stablecoins in payments and assessing the potential of blockchain technology for government services.

行政命令還責任政府探索穩定幣在付款中的作用，並評估區塊鏈技術對政府服務的潛力。

$TRUMP token dinner sparks backlash and ethics probe

$ trump token晚餐火花強烈反彈和道德調查

Donald Trump’s $TRUMP meme coin surged over 50% in value to reach a $2.7 billion market cap after the project announced that the top 220 token holders would be invited to a black-tie dinner with the former US president on 22 May.

唐納德·特朗普（Donald Trump）的$特朗普模因硬幣飆升了50％以上的價值，達到了27億美元的市值，此前該項目宣布將邀請前220個代幣持有人於5月22日與前美國總統一起參加黑領帶晚宴。

The event, hosted at his private club in Washington, also includes a VIP White House tour for the top 25 holders.

該活動在他位於華盛頓的私人俱樂部舉辦，還包括了前25名持有人的VIP白宮巡迴演出。

According to Chainalysis, Trump and his allies earned nearly $900,000 in trading fees from the token in just two days following the announcement.

根據鏈分析，特朗普和他的盟友在宣布後的短短兩天內就獲得了代幣的近90萬美元的交易費。

Since its January launch, the token has generated $324.5 million in trading fees through a mechanism that redirects a portion of each transaction to insider wallets.

自1月份推出以來，代幣通過將每筆交易的一部分重定向到內部錢包的機制產生了3.245億美元的交易費用。

The Trump Organisation and affiliates reportedly control around 80% of the token supply, which is locked under a three-year vesting schedule.

據報導，特朗普組織和分支機構控制了約80％的令牌供應，該供應量是在三年的歸屬計劃下鎖定的。

The dinner offer has triggered backlash from lawmakers and watchdogs, with Senators Elizabeth Warren and Adam Schiff calling for a federal ethics probe, alleging it may constitute “pay to play” behaviour.

晚宴的報價引發了立法者和監管機構的反對，參議員伊麗莎白·沃倫（Elizabeth Warren）和亞當·席夫（Adam Schiff）呼籲進行聯邦道德調查，並指控這可能構成“付出薪水”行為。

They stated that the move is part of a broader pattern of abuse by Trump and his allies, who have capitalised on the president’s image and rallies to generate income from gullible supporters.

他們說，此舉是特朗普及其盟友更廣泛的虐待模式的一部分，他們以總統的形象和集會為大寫，以產生可易受騙的支持者的收入。

The senators highlighted that Trump is personally profiting from the $TRUMP token, and his family’s investment firm, World

參議員強調，特朗普親自從特朗普代幣中獲利，他的家人的投資公司，世界