Gate News reported that on March 13, Bank of America stated that the Federal Reserve will have to address the supply shock from soaring oil prices. In the Summary of Economic Projections (SEP) released ahead of the March Federal Reserve meeting, overall and core inflation forecasts are likely to be revised upward. The Bank of America report points out that if long-term growth expectations are also revised upward, the median dot plot for long-term interest rates could move slightly higher. In this case, Federal Reserve Chairman Powell may acknowledge stagflation risks while emphasizing a wait-and-see approach.

With market volatility intensifying, the demand for risk hedging in crypto derivatives is rising, and Bitcoin and Ethereum options contracts are approaching expiration. Data shows that market positions are skewed toward defensive strategies, particularly with elevated put-to-call ratios in Ethereum options. Despite increased uncertainty in traditional markets, implied volatility remains stable, though macro risks could impact the positioning structure of crypto assets.

Ripple launches approximately $750 million stock buyback program, drawing attention from the crypto community. Veteran investor Pumpius believes this move enhances company valuation and strengthens confidence in the XRP ecosystem. Meanwhile, Ripple strengthens financial infrastructure through acquisitions, boosting market influence. However, the market questions the direct relationship between buybacks and XRP price. Investors continue to monitor how Ripple's development impacts XRP value.

On March 13th, volatility in the U.S. Treasury market reached a nine-month high, with the ICE BofA MOVE index climbing. Escalating Iran tensions heightened market inflation concerns, rising oil prices reduced the appeal of Treasuries, 30-year Treasury yields increased, and traders reduced bets on rate cuts in 2026. Investors need to consider the uncertainty brought about by stagflation.

The UK Tax and Customs Authority plans to procure blockchain forensics software to strengthen its efforts against digital asset money laundering and tax fraud, with a total value of approximately 3.42 million pounds and a three-year contract term. This move reflects global emphasis on digital asset compliance, highlighting the importance of cross-chain tracking and data analysis.

Bitcoin asset management firm Strive acquired STRC dividend-paying shares for $50 million to enhance capital efficiency. This move reflects a trend among bitcoin management companies exploring innovative financial instruments to balance returns and risks while providing stable returns to institutional investors. This transaction may impact future capital management and digital asset allocation strategies.

Foundry Digital announced that it will launch a dedicated Zcash mining pool in 2026, aimed at providing institutional and public miners with a secure, transparent mining environment. This mining pool draws on the experience of its Bitcoin mining pool, complies with relevant audit standards, and enhances miner trust. This move reflects ongoing market interest in privacy coins and is expected to support the stability and adoption of the Zcash network.

Revolut obtains a full banking license in the UK and establishes Revolut Bank UK Ltd. to undertake related operations. Over the next few months, user accounts will be gradually migrated. This move provides greater regulatory flexibility, involving deposit protection and potential lending services, reflecting the trend of fintech companies moving closer to traditional banks.

A certain cryptocurrency trading platform is accused of lobbying U.S. legislators to oppose the Bitcoin small-transaction tax exemption, suggesting it should be limited to stablecoins. This move has raised concerns within the crypto community, which believes that the policy could be influenced by special interests and hinder innovation. The Bitcoin advocacy organization warns that this approach would be a strategic mistake.

Gate News Report, March 12 — According to Gate Market Data, as of press time, MMT (Momentum) is currently priced at $0.15, up 27.37% in the past 24 hours. The highest price reached $0.15, while the lowest dropped to $0.11. The 24-hour trading volume is $28 million. The current market capitalization is approximately $30.7 million, an increase of $6.6 million from yesterday. Momentum is a financial operating system built for the tokenized future, supporting the new era of global finance by tokenizing assets and enabling seamless connection and trading within a single platform. The platform’s core products include Momentum DEX (the core exchange of the Move ecosystem, providing deep liquidity and low fees for trading on Sui), automated yield Vaults, and capital-efficient liquid staking.