Entity: Trump's Policies Complicate the Fed's Mandate

On March 14th, as per the monitoring of LookOnChain, a newly established address spent 51.2 ETH ($97,700) yesterday to acquire the meme coin doginme. Today, after Coinbase included doginme in its roadmap, the price witnessed a surge of over 150%. This doginme holding is now valued at $205,700, realizing an unrealized gain of $108,000 (+110%) within just one day.

A trader created a new wallet and spent 51.2 $ETH($97.7K) to buy 254.66M $doginme yesterday, which is $205.7K now.

On March 14th, based on its most recent trading filing, the ARK Innovation ETF (ARKK) purchased 29,353 shares of Coinbase Global Inc. stock. When calculated at the closing price on Thursday, this was valued at approximately $5.2 million. The ARKK fund also bought 143,855 shares of Robinhood stock, with a value of $5.18 million. Coinbase's stock price closed at $177.49, down by 7.43%. According to Google Finance, the stock price of this cryptocurrency exchange has decreased by 31% year-to-date.

On March 14th, based on Coinglass data, the top net inflows of cryptocurrency spot funds within the past 24 hours are as follows: The net inflow of XRP is $32.31 million; The net inflow of APEX is $14.15 million; The net inflow of TRUMP is $11.14 million; The net inflow of BNB is $10.05 million; The net inflow of PEPE is $6.19 million. The top net outflows of cryptocurrency spot funds are as follows: The net outflow of DOGE is $31.53 million; The net outflow of BTC is $24.01 million; The net outflow of ENA is $9.63 million; The net outflow of LINK is $3.81 million; The net outflow of BONK is $2.94 million.

On March 14th, several economists on Wall Street have expressed that policymakers are not likely to be overly reassured by these numbers. This is because of the complex calculation method behind the data and the trends in key areas. Stephen Juneau, an economist at Bank of America, stated in a report, "In short, the inflation process in 2025 did not start smoothly. Our forecast for Personal Consumption Expenditures (PCE) inflation further confirms our view that inflation is unlikely to decline sufficiently to justify a rate cut by the Fed this year. Especially in a policy environment that is pushing inflation higher. Unless economic activity data weakens significantly, we believe that policy rates will remain unchanged by the end of the year." Although the Fed also monitors CPI and PPI, it believes that the final say on inflation belongs to the PCE Price Index. Most economists believe that the latest PCE data to be released later this month will show that the year-on-year inflation rate

March 14th. According to Hong Kong's "Ming Pao" newspaper, at approximately 11:00 on the 13th, the Hong Kong police received a report from a 41-year-old man surnamed Wang. He stated that he was assaulted by a man with a wooden stick opposite the Lai Chi Kok Park Sports Center on Lai Wan Road, Lai Chi Kok, and his bag containing HKD 318,000 in cash was stolen. The thief fled towards Ying Fai Terrace. After receiving the report, the police officers arrived to conduct an investigation and got into a police car with their colleagues to search the area for the thief, but no sign of the thief was found. The man's left hand was hit by the stick. After receiving first aid on the ambulance, he refused to be taken to the hospital. It is reported that the man was trading cryptocurrency at Sung Wong Toi earlier and received more than HKD 300,000 in cash. While he was on his way back to his residence in Wah Lai Estate with the large sum of money in a bag, he was robbed. The police have classified