The IMF has downgraded its 2026 global growth forecast to 3.1%, citing risks of recession from rising oil prices and US-Iran tensions. Bitcoin has also dropped significantly amid poor macroeconomic conditions and rising global debt.

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.

On April 1, demand for OpenAI stock in the secondary market fell significantly, and investors shifted to competitor Anthropic. Institutional investors want to sell about $600 million worth of OpenAI stock, but there are no takers. Meanwhile, buyers are preparing to invest $2 billion to purchase Anthropic stock, driving its demand to a record high.

Vancouver city government faces resistance to plans to incorporate Bitcoin into its financial system. An official report recommends that the city council abandon the proposal, mainly due to legal restrictions and financial risks. Although supporters believe Bitcoin has potential as a store of value, the city council has not yet decided whether to proceed with this plan.

Vancouver city government employees recommend terminating the "Bitcoin Friendly City" motion due to regulations prohibiting Bitcoin from being used as a municipal reserve asset. The motion was proposed by Mayor Ken Sim and aimed to explore the possibility of accepting cryptocurrency for taxes and converting financial reserves into Bitcoin, but it is restricted by provincial laws.

The "Meme Coin" under Japanese Prime Minister Fumio Kishida's name has plummeted 58% after being accused of having no connection to him. The token was launched on February 25th, claiming to be related to political support. After Kishida denied the connection, the market reacted strongly, and the Financial Services Agency has launched an investigation, focusing on compliance issues related to crypto assets.

Collector Crypt token CARDS increased by over 43% within 24 hours, with a market capitalization of $186 million and a trading volume of $5.3 million. The price surge of CARDS may be related to the increased popularity of the Pokémon card market, especially as Logan Paul plans to auction his high-value cards, sparking bets that the auction price will exceed $15 million.

Social media influencer and WWE star Logan Paul recently confirmed that he will auction one of the rarest Pokémon cards in history—the Pikachu Illustrator Card. This card was part of his collection, which he purchased in 2021 for approximately $5.3 million, setting a Guinness World Record as the highest-selling Pokémon trading card in a private transaction. This sale is seen as a significant liquidity event for Logan Paul during a high cycle in the collectibles market. The Pokémon card will be auctioned through the globally renowned sports memorabilia and collectibles auction house Goldin Auctions. As part of the deal, Logan Paul has received a $2.5 million advance from Goldin Auctions founder and CEO Ken Goldin, demonstrating the auction house's strong confidence in the market value of this collectible.

Billionaire Ken Griffin's hedge fund Castle Investment is facing its worst annual return since 2018, primarily due to losses in bets on natural gas. As of December 18, the fund's return was 9.3%, and it may become the sixth year since its founding in 1990 with a return below 10%.

Odaily Planet Daily reports that Castle Investment founder Ken Griffin stated that Trump has already identified a suitable candidate for the Federal Reserve Chairmanship, but Ken Griffin refused to reveal his preferred candidate for the new Federal Reserve Chair. He also pointed out that it is important for the White House to maintain distance from the Federal Reserve. (Jinshi)