South Korea's National Tax Service plans to appoint professional custodian companies to manage seized virtual assets before mid-year to enhance security and address the security breach incident in February. The NTS has established a task force to oversee the transition, improve management processes, and plans to create a digital assets management department.

Bitcoin's current price movement is similar to the downtrend seen at the end of 2024, showing an upward tilt within narrow range fluctuations since February. Technical analysis indicates that a break below the lower band of 65,800 USD would form a key signal, while a breakthrough above could show different performance. Traders are closely monitoring this critical level.

Gate News reports that on March 20th, March 19th, Pudgy Penguins (PENGU) price dropped 6.63%. This decline occurred following the Federal Reserve's announcement to maintain interest rates unchanged.

Pi Network's Protocol 20 protocol update has garnered attention from the crypto community, activating new discussions about its utility, while market price predictions for its global consensus value have reached $314159. The significance and specific impact of this technical upgrade continue to be widely analyzed.

ByteDance and Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, have reached an agreement to sell Moonton Technology for over $6 billion. Moonton is the developer of the MOBA mobile game Mobile Legends. This transaction reflects ByteDance's strategic focus shift toward the AI sector.

Spot gold continues to decline, with today's low touching $4,520, currently trading at $4,680. Bearish address Abraxas Capital has floating gains of $1.93 million, partially taking profits this morning, still holding $17.8 million in gold short positions with an average entry price of $5,187.

Gate News reported that on March 20, early Bitcoin holders ('ancient whales') recently transferred large amounts of funds to exchanges. The current escalation of tensions in the Middle East has triggered impacts on energy markets, compounded by the Federal Reserve's tightening policy, putting pressure on the cryptocurrency market. The specific transfer amount has not been disclosed, but market monitoring shows that the capital flow scale reached several million dollars.

On a certain prediction market platform, an account with an 87.5% accuracy rate in token issuance predictions invested $8400 to purchase the "No" option on whether EdgeX will issue a token before March 31st. The current probability has dropped to 36%. EdgeX is required to officially launch its governance token before this date, and the official team has announced that airdrop distribution has begun, with eligible users able to claim airdrops. The account's trading behavior indicates it is not simply betting on the event outcome, but rather tends to take profits or stop losses at specific time points.

Market expert Benjamin Cowen stated that Bitcoin is unlikely to attract capital inflows due to a gold price pullback. Bitcoin and gold prices show high correlation in volatility, with Bitcoin recently declining from $76,000 to $70,000, while gold plummeted 8.54%. Although Bitcoin's price performance against gold demonstrates resilience, Cowen pointed out that market rotation has not yet occurred, and investors need to monitor Bitcoin's support levels to assess risks.

Gate News: On March 20th, Web3 embodied AI robotics company PrismaX joined NVIDIA's Inception program. Through this program, PrismaX will gain access to development tools, technical resources, training support, priority infrastructure access rights, and support from a broader ecosystem comprised of builders and investors. The Inception program is a free virtual accelerator initiative launched by NVIDIA specifically designed to help startups in the fields of AI, data science, and high-performance computing (HPC) accelerate their growth.