Oxford Economics predicts that the Bank of Japan will delay the interest rate hike from June to July, and will continue raising rates through 2027. Due to rising energy costs, inflation will re-accelerate, with core CPI expected to return to 2% only in the second quarter of 2027. Meanwhile, actual GDP growth forecast has been revised down to 0.3%.
Gate News reports that on March 19, according to Coinglass data, if BTC breaks through $74,643, the cumulative short liquidation strength across mainstream CEXs will reach $1.842 billion. Conversely, if BTC falls below $67,727, the cumulative long liquidation strength across mainstream CEXs will reach $1.172 billion.
On the prediction market Polymarket, someone placed a $4,100 bet predicting a 72% probability that USD.AI will launch its token by March 31st. Although the ICO for token CHIP has concluded, the official team has not yet announced the token launch date or related information, with March 31st being the final deadline for the launch.
The Federal Court for the Northern District of California rejected user Roger Metz's application to withdraw an Internal Revenue Service (IRS) subpoena on the grounds that proper notice was not given to the Attorney General. The subpoena required the CEX to provide its 2022 tax records. The court stated that the dismissal does not affect the substantive rights of the entity, and Metz may resubmit the application at a later date.
AI Data Market Perle Foundation announced PRL token economics with a total supply of 10 billion tokens. In the allocation, 37.5% goes to the community, 17.84% for the ecosystem, 27.66% to investors, and 17% to the team. Different unlock methods and timelines apply to each category.
Cybersecurity firm Malwarebytes Labs has warned that a fake website pudgypengu-gamegifts[.]live is impersonating Pudgy Penguins game in an attempt to steal users' cryptocurrency wallet passwords. The phishing website mimics a legitimate wallet interface to deceive visitors. Users are advised to access official websites through trusted bookmarks and be cautious of social media links and wallet password prompts.
Gate News Report: On March 19, according to the Washington Post, U.S. officials discovered an unidentified flying object above a Washington Army base. The base is where U.S. Secretary of State Rubio and Defense Secretary Hegseth reside. Three people familiar with the matter revealed that these officials have not yet determined the source of the flying object.
