Crypto News Today, 21st March : Pi Network, Trump News, Bitcoin Price Today, Ripple XRP News

HK Asia Holdings Limited has announced a further acquisition of 10 Bitcoins for approximately HK$6.67 million (US$858,581), bringing its total holdings to 18.88 BTC valued at HK$13.36 million (US$1.72 million). The company views Bitcoin as a strategic store of value amid global economic uncertainty, inflation concerns, and currency devaluation

The XRP price has lost momentum on the daily chart, despite the positive news of the SEC ending its case against Ripple. The token has failed to break above the key $3 resistance, raising concerns of a potential bearish breakout. A head and shoulders pattern has formed this year, and unless XRP climbs above $3 soon, the pattern may play out, signaling further downside risk for Ripple in the short term.

Bitcoin (BTC) retreated from session highs of $84,816 to around $84,011 on Friday following strong U.S. economic data. On the 60-minute chart, BTC trades within a descending channel, testing the 100-hour moving average, with room on the RSI before hitting oversold territory. From a daily perspective, BTC remains in an ascending channel, with bulls targeting $87,351 to $90,904, while bears may aim for support near $80,129 or $76,422. Fundamentals remain mixed, keeping volatility high.

Joseph Strange, a former sound engineer for Eminem, has been charged with copyright infringement and interstate transportation of stolen goods after allegedly leaking and selling 25 unreleased tracks for around $50,000 in Bitcoin. Strange, who worked at Eminem’s Ferndale studio until 2021, violated his severance agreement by sharing music stored offline, and secured hard drives. The FBI discovered lyric sheets, unreleased videos, and digital evidence during a raid. He faces up to 15 years in prison and $250,000 in fines.

Ethereum (ETH) settled lower in intraday trading but is maintaining support at $1,958, aligned with an upward correctional trend line. A positive divergence is forming on the Stochastic indicator, which recently entered oversold territory, signaling potential upside momentum. While ETH remains under pressure, early bullish signals suggest a possible rebound could be in play if support holds and momentum continues to build. Traders are watching closely for confirmation of a trend reversal.

According to Santiment, Ethereum (ETH) supply on exchanges has dropped to 8.97 million, its lowest level since November 2015. This sharp decline reflects growing interest in DeFi protocols and staking options, which are pulling ETH away from exchange wallets. The reduced exchange supply is often seen as a bullish indicator, suggesting long-term holders move their assets off platforms in favor of yield-generating or secure storage solutions.

MicroStrategy (MSTR) is likely preparing for more major Bitcoin purchases after raising $711.2 million through an upsized sale of its 10% Series A Perpetual Preferred Stock. Initially targeting $500M, the company sold 8.5 million shares at $85 each. This new offering carries a higher 10% coupon (vs. 8% previously) and does not convert to common stock. MSTR shares dipped slightly in premarket to just under $300, while Bitcoin remains steady at $84,000.

Although the SEC plans to withdraw its case against Ripple, the formal approval is still pending. The Commission typically handles litigation and enforcement matters in closed-door meetings, and the Ripple case dismissal is expected to be addressed during the next closed meeting on Thursday. A press release, similar to the one issued when the SEC dismissed its lawsuit against Coinbase, will likely follow once the withdrawal is officially approved. No closed meeting is scheduled for today.

The U.S. SEC is holding its first-ever Crypto Regulation Roundtable today at 1 PM Eastern Time, hosted by the agency’s Crypto Task Force. The event will be live-streamed and focuses on discussing key regulatory challenges and opportunities in the cryptocurrency sector. This marks a major milestone in shaping a clear and structured regulatory framework for digital assets, as the SEC seeks to engage with industry leaders and policymakers on the future of crypto regulation.

Real-world assets (RWAs) have become a $10 billion category, per DeFiLlama, driven by top protocols like Maker, BlackRock’s BUIDL, and Ethena’s USDtb, each holding over $1 billion TVL. USDtb saw the fastest growth—up 1,000% in the past month—backed by tokenized BlackRock money-market funds. Meanwhile, Treasury-backed tokens hit a $4.2B market cap in Q1, dominating the RWA space. Analysts say the trend reflects investor preference for safer, yield-generating assets amid bearish DeFi sentiment.

According to Bill Morgan, XRP whales are aggressively buying every dip, challenging the idea of a bear market. Wallets holding at least 1 million XRP now control 46.4 billion coins, having increased their holdings by 6.5% in just the past two months. This steady accumulation by large holders suggests growing confidence in XRP’s long-term outlook, even amid short-term market volatility.

South Korea’s Financial Intelligence Unit (FIU) has launched a sanction process targeting unregistered overseas crypto exchanges operating illegally in the country, according to local media outlet Hankyung. The FIU may block access to websites of major platforms including BitMEX, KuCoin, CoinW, Bitunix, and KCEX. This action is part of Korea’s ongoing efforts to tighten crypto regulations and protect users from unregulated platforms, signaling a tougher stance on non-compliant exchanges.

The Pascal hardfork on Binance Chain is now complete, paving the way for upcoming upgrades aimed at boosting network speed. According to Binance Chain’s official update:

🔸 Lorentz (April 2025): Will reduce block times to 1.5 seconds
🔸 Maxwell (June 2025): Will push speeds further with 0.75-second block times

These planned hardforks signal Binance Chain’s commitment to faster, more scalable blockchain performance as part of its 2025 roadmap.

In a recent conversation, Tahnoon Bin Zayed Al Nahyan and David Sacks, Special Advisor on AI and Crypto, discussed the transformative power of artificial intelligence across industries and the growing influence of digital currencies in reshaping financial systems. They highlighted the emerging investment opportunities at the intersection of these technologies. As innovation accelerates, Tahnoon emphasized that collaboration and forward-looking strategies are key to driving sustainable growth and achieving lasting global impact.

Watcher.Guru revealed its X account was hacked on March 21 at 2:05 AM UTC, despite having 2FA, no connected apps, and no API misuse. The unauthorized post was quickly deleted but auto-shared to other platforms like Telegram and Facebook. The team suspects a potential insider breach, as the hack followed clicking an official-looking X Developer link. They’ve reset all sessions and are contacting X’s cybersecurity team for clarification. The exact method of the breach remains unknown.

Bitcoin’s Bull Score has plunged to 20, its lowest level in two years, with BTC down 23% from its recent peak, according to CryptoQuant. Historically, bullish rallies tend to begin when the score surpasses 60, while extended periods below 40 signal bear market conditions. The current low reading suggests market momentum remains weak, raising concerns among traders about further downside unless sentiment and technical indicators improve significantly.

Media aligned with the Communist Party of China has expressed concern that U.S. dollar-backed stablecoins could further cement the global dominance of the U.S. dollar, especially as they become more integrated into virtual economies. The commentary argues that stablecoins link U.S. credit with digital innovation, potentially reinforcing dollar hegemony. In response, it calls on China to accelerate its stablecoin development and actively work to boost the global status of the Chinese yuan (CNY) in digital finance.

Binance has announced it will delist and cease trading for the following tokens on March 28, 2025, at 03:00 UTC: Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), and Linear Finance (LINA). The decision follows Binance’s routine asset review, which evaluates project activity, team commitment, liquidity, security, transparency, and regulatory compliance. Binance also revealed a new “Vote to Delist” feature coming soon, empowering users to weigh in—though it won’t apply to already-announced delistings.

Bitcoin (BTC) hovers around $84,500 after a nearly 3% recovery this week, briefly peaking at $85,900 ahead of President Trump’s crypto speech. Though BTC dipped 4% post-speech, derivatives data suggests limited downside. Meanwhile, Ethereum and Ripple (XRP) show signs of support, hinting at a broader market rebound. XRP trades near $2.43 after rejection at $2.60, backed by 400% growth in network activity and rising investor confidence following the SEC dropping its appeal against Ripple.