On March 18th in the Illinois primary election, cryptocurrency industry PAC Fairshake spent over $13 million to influence election results, primarily opposing Lieutenant Governor Stratton's candidacy. Supporters included AIPAC and the AI industry, with total outside spending exceeding $50 million, which affected the outcomes of multiple races.

The outlook for U.S. monetary policy has attracted market attention, with Kevin Warsh potentially taking over as Federal Reserve Chair in May, but the Senate faces political resistance. The current slowdown in inflation and employment is intertwined, and the new chair will face complex decisions, especially regarding the risks of raising or lowering interest rates. At the same time, Powell's unresolved investigations and leadership uncertainty also impact market expectations.

Trends.Fun launched an event on the X platform, encouraging users to describe their relationship with 2025 and Solana using two words. Solana represents "Capital Markets," the founder's keyword is "cooking," and Multicoin's partner chose "Outperforming Cefi." Participants can enter a lottery to win $12,000 worth of Solara tokens.

The fitness app Moonwalk is rapidly developing in the Web3 environment, with primary markets in France, the United States, Nigeria, and Vietnam. Users can participate in different games by paying USDC, BONK, or SOL, and receiving a full refund and participation in the prize pool upon completing daily step goals. Moonwalk's Development Director Cook is optimistic about the Southeast Asian and African markets, where users can create games independently and set entry fees with no capital threshold.

The ECB is likely to make a dovish adjustment at Thursday's meeting, highlighting the growth risks facing the eurozone. While a rate cut looks like an immediate decision, the new policy signal is limited due to uncertain timing of trade policy and fiscal stimulus. The ECB is likely to remain flexible in the absence of a clear change in Eurozone economic data. The ECB is expected to cut interest rates three times this year, bringing the deposit rate to 1.75%.

On March 7th, Jinshi data, Henry Cook, a European economist at Mitsubishi UFJ, said that after a huge change in German fiscal policy, the European Central Bank may be more cautious in pushing the Interest Rate into a looser range. The Interest Rate is now close to the highest estimate of neutrality, possibly around 2%. The development of the situation in Germany this week will certainly strengthen the hawks' resistance to the Interest Rate falling below this level.