Crypto News Today, 14th March : Pi Network Price , XRP News, Bitcoin & Ethereum Price Today

OKX has announced that it will delist several trading pairs deemed to have triggered delisting criteria or considered high-risk. The affected pairs are XR/USDT, GOAL/USDT, GOAL/USDC, KP3R/USDT, KP3R/USDC, LBR/USDT, LAMB/USDT, LAMB/USDC, BZZ/USDT, BZZ/USDC, and GPT/USDT. These pairs will be officially removed from the platform on March 20, 2025. Users trading these pairs should plan accordingly and consider adjusting their portfolios to mitigate any potential disruptions.

U.S. Representative Byron Donalds plans to introduce legislation on Friday to codify the executive order signed by President Trump earlier this month. The bill would officially establish a national Bitcoin reserve and digital asset stockpile, ensuring that future administrations cannot easily overturn these crypto-friendly measures through executive action. By turning the policy into law, Donalds aims to create a lasting framework for digital asset management and solidify the U.S. position as a global leader in the emerging crypto economy.

The “50x ETH” whale, known for costing Hyperliquid $4M, is back—this time targeting $LINK. In the past 45 minutes, the trader deposited 2.875M USDC to open a long $LINK position with 10x leverage on Hyperliquid. Since February 7, this active trader has earned $16.4M by flipping long and short positions on assets like $ETH, $BTC, $HYPE, and $YGG. This bold move signals continued aggressive trading strategies in the volatile crypto market.

Coinbase has clarified that it is not delisting $FLOKI but merely halting its trading in New York. According to the token’s community, New York accounts for only 2-5% of its overall trading volume on Coinbase, meaning the impact should be minimal. This decision appears to be driven by regional regulatory concerns rather than any issues with the token itself. Investors outside New York can continue trading $FLOKI normally, so liquidity and broader market dynamics remain largely unaffected.

Ethereum’s sentiment is steadily declining as the crypto community continues to express increasing FUD. Currently trading at $1,865, the second-largest cryptocurrency by market cap faces mounting negativity, but some see this as a setup for an eventual breakout. The prevailing bearish mood might be misinterpreted, as historical trends suggest that deep skepticism can sometimes trigger a surprise rally. As the market overreacts to short-term concerns, investors could be positioned for a dramatic upward move in $ETH. Watch closely for potential gains.

According to Reuters, sources say Russia is using cryptocurrencies to facilitate its oil trade with India and sidestep Western sanctions. Some Russian oil companies are reportedly using Bitcoin, Ethereum, and USDT to convert Indian rupees into Russian rubles. This innovative approach allows them to navigate currency restrictions and continue their transactions despite international pressures. The move underscores the growing role of digital assets in global trade, especially when traditional financial systems face geopolitical hurdles.

Yesterday’s PPI number came in surprisingly weak—actually deflationary—which I had been expecting. This deflationary read could be the catalyst for a 5th wave pump to all-time highs in #BTC and other crypto assets. Falling inflation and slower growth are likely to drive lower interest rates soon, fueling a robust rally. While the rally isn’t here yet, this trend sets the stage for a significant market move.

The SEC appears to be softening its stance on altcoins, coinciding with Trump’s enthusiastic crypto posts and his family’s substantial altcoin and Ethereum accumulation. With Grayscale increasing its ADA allocation and altcoin ETFs on the horizon, the bullish sentiment is growing. Despite inherent volatility, many view these price swings as temporary, expecting a strong bull market when rates fall and liquidity increases. I’ve been bullish on altcoins for years and remain committed to this long-term macro thesis, accepting the market’s ups and downs.

In its first legislative markup of the 119th Congress, the Senate Banking Committee advanced the GENIUS Act, establishing a clear framework for payment stablecoins. Chairman Tim Scott emphasized this bipartisan step protects consumers, national security, and fosters domestic innovation. The committee also approved the FIRM Act, which aims to end debanking by removing reputational risk as a regulatory measure. This historic session reflects a strong commitment to transparent financial regulation and bolstering U.S. leadership in digital asset innovation.

The U.S. Treasury met with crypto custody firms, including Anchorage Digital, to discuss safeguarding the Strategic Bitcoin Reserve. Industry leaders suggested third-party custody as an interim solution, while self-custody remains the long-term goal. This meeting underscores the government’s focus on securing its Bitcoin holdings amid growing institutional interest in the crypto space.

A U.S. court has approved Three Arrows Capital’s bid to increase its claim against FTX to $1.53 billion. According to the filing, 3AC held $1.53 billion in FTX assets as of June 12, 2022, which were liquidated over the following two days to cover a $1.3 billion debt owed to FTX. Initially, 3AC filed a $120 million claim in FTX’s bankruptcy case in June 2023 before later expanding it to reflect the full amount.

Ethereum has plunged by 15% over the past week and is now trading below its 200-day EMA, raising concerns about cascading liquidations in the DeFi space. Analysts warn that this decline could potentially trigger up to $336 million in liquidations as critical support levels are breached. The drop highlights mounting risks in decentralized finance markets, where leveraged positions may be forcibly closed, compounding market volatility and affecting overall investor sentiment.

Pi Network has announced its final extension of the Grace Period until 8:00 AM UTC on March 14, 2025—marking the project’s 6th anniversary. This final extension aims to maximize inclusivity, giving all Pioneers one last chance to verify their balances and complete the KYC and Mainnet migration. Early Pioneers and inactive users are urged to submit their applications via the app’s Mainnet Checklist before the deadline, as failing to do so will result in forfeiture of most mobile balances, including bonuses linked to referral team contributions.