美元，股票和高盛：骑加密货币浪潮到未来

当美元面对压力时，高盛的眼睛是加密整合。股票在AI和放松管制中涌现。加密是新的避风港吗？让我们潜水。

US Dollar, Stocks, and Goldman Sachs: Riding the Crypto Wave into the Future

美元，股票和高盛：骑加密货币浪潮到未来

The US dollar's future is uncertain, stocks are soaring, and Goldman Sachs is diving deeper into crypto. Buckle up, it's a wild ride!

美元的未来是不确定的，股票飞涨，高盛（Goldman Sachs）正在深入研究加密货币。系好，这是一次疯狂的旅程！

Goldman Sachs and the Shifting Sands of Currency

高盛萨克斯和货币变化的沙子

Goldman Sachs has been making waves with its analysis of the US dollar. Ashok Varadhan, a top executive, suggests the dollar might have further to fall. Fiscal concerns and a ballooning national budget deficit are fueling this bearish outlook. But here's the twist: Goldman also points out that other developed markets are facing similar challenges. Could gold and Bitcoin be the answer? Varadhan thinks so, suggesting they could climb relative to fiat currencies as a hedge against devaluation.

高盛萨克斯（Goldman Sachs）对美元的分析一直在浪潮。高级主管Ashok Varadhan表示，美元可能会进一步跌落。财政问题和激烈的国家预算赤字正在推动这种看跌的前景。但这是转折：高盛还指出，其他发达市场也面临着类似的挑战。黄金和比特币可以是答案吗？瓦拉达（Varadhan）这样认为，表明他们可以相对于法定货币攀升，以作为防御贬值的树篱。

Stocks: Super Bullish Despite All-Time Highs?

股票：尽管有历史高峰，超级看好？

Despite stocks reaching all-time highs, Varadhan remains 'super bullish' on equities. Why? He cites deregulation under the Trump administration and advancements in artificial intelligence as key drivers. Deregulation could stimulate the economy, while AI could boost company profits. He emphasizes that we're only in the early stages of AI implementation, hinting at a significant productivity dividend to come.

尽管股票达到历史最高点，但瓦拉丹仍然对股票“超级看涨”。为什么？他列举了特朗普政府下的放松管制，并在人工智能方面的进步作为关键驱动力。放松管制可以刺激经济，而人工智能可以提高公司利润。他强调，我们只是在AI实施的早期阶段，暗示了即将来临的生产力股息。

India's Currency Intervention: A Sign of the Times?

印度的货币干预：时代的标志？

Meanwhile, India has been accused of intervening in currency markets to protect the rupee by selling off US dollars. This isn't just an Indian phenomenon; countries like Japan and China have also been accused of similar tactics. It's a temporary fix, buying time to strategize before the USD goes on a rampage. The rising US dollar is putting pressure on Asian currencies, but could this be a short-lived surge?

同时，印度被指控介入货币市场来通过出售美元来保护卢比。这不仅仅是印度现象。日本和中国等国家也被指控采取类似的策略。这是一个临时的修复，购买时间在美元横冲直撞之前制定策略。美元上升的美元正对亚洲货币施加压力，但这可能是短暂的激增吗？

Crypto's Institutional Momentum: Goldman Sachs Leading the Charge

加密的机构势头：高盛领导的高盛

The big story is the growing institutional interest in crypto, and Goldman Sachs is playing a significant role. Seven new ETF applications tied to Bitcoin, Uniswap, and Avalanche have intensified Wall Street's focus. Goldman Sachs significantly increased its Ethereum ETF holdings by 2000% to $476 million and doubled its Bitcoin ETF investments to $1.5 billion in Q4 2024. BlackRock's iShares Bitcoin Trust has already amassed $95 billion in assets under management. The rise of crypto is further bolstered by favorable legislation and its emergence as a safe-haven asset.

最大的故事是对加密货币的机构兴趣日益增长，高盛（Goldman Sachs）发挥了重要作用。与比特币，Uniswap和Avalanche相关的七个新ETF应用程序已加强了华尔街的重点。高盛将其以太坊ETF持有量大大提高了2000％，至4.76亿美元，并将其比特币ETF投资翻了一番，达到42024年第4季度。BlackRock的Ishares Bitcoin Trust已经积累了950亿美元的资产。加密的兴起得到了有利的立法及其作为安全资产的出现的进一步加强。

The Tokenization of Everything: A New Financial Landscape

一切的令牌化：新的金融景观

Larry Fink's vision of "tokenization of everything" is becoming a reality. We're seeing experimentation with tokenized Treasuries, mortgages, and carbon credits. Franklin Templeton and Bitwise Asset Management have launched ETFs targeting Ether and DeFi indices. Cantor Fitzgerald's FMX division is clearing billions in tokenized bond repos. Even regulators are getting involved, with Hong Kong introducing sandbox rules for on-chain settlements.

拉里·芬克（Larry Fink）对“万物令牌化”的愿景正在成为现实。我们正在看到具有令牌化的国库，抵押和碳信用额的实验。富兰克林·邓普顿（Franklin Templeton）和位资产管理（Bitwise Asset Management）启动了针对以太和DEFI指数的ETF。坎托·菲茨杰拉德（Cantor Fitzgerald）的FMX部门正在清除几十亿美元的债券存储库。即使是监管机构也参与其中，香港推出了用于链链定居点的沙盒规则。

A Crypto-Fueled Future?

一个加密货运的未来？

So, what does it all mean? The US dollar faces headwinds, stocks are riding high on AI and deregulation, and Goldman Sachs is embracing crypto in a big way. It looks like the future of finance is intertwined with digital assets, and while challenges remain, the momentum is undeniable. Maybe it's time to dust off that old Bitcoin wallet, eh?

那么，这意味着什么？美元面对逆风，股票在AI和放松管制下占上风，高盛（Goldman Sachs）在很大程度上拥抱加密货币。看来金融的未来与数字资产交织在一起，尽管仍然存在挑战，但势头是不可否认的。也许是时候把那个旧的比特币钱包除尘了，是吗？