Here’s a quick recap of the crypto landscape for Friday (March 21) as of 9:00 a.m. UTC.
Bitcoin and Ethereum price update
Bitcoin (BTC) is currently trading at US$84,430.50, a 1.6 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$83,711.74 and a high of US$86,375.76.
Bitcoin performance March 21, 2025.
Chart via TradingView
Bitcoin found some support after Fed Chair Jerome Powell signaled steady interest rates, while reports of Kraken’s potential NinjaTrader acquisition also boosted sentiment. However, the looming expiration of 22,000 Bitcoin options contracts could add volatility to the crypto’s performance.
Ethereum (ETH) is priced at US$1,991.10, marking a 1.1 percent decrease over the same period. The cryptocurrency reached an intraday low of US$1,952.20 and a high of US$2,005.82.
Altcoin price update
- Solana (SOL) is currently valued at US$128.25, down 3.2 percent over the past 24 hours. SOL experienced a low of US$125.93 and a high of US$131.80 on Friday.
- XRP is trading at US$2.44, reflecting a 4.02 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.38 and a high of US$2.52.
- Sui (SUI) is priced at US$2.35, showing a 7.3 percent decrease over the past 24 hours. It achieved a daily low of US$2.24 and a low of US$2.48.
- Cardano (ADA) is trading at US$0.73, reflecting a 2.5 percent decrease over the past 24 hours. Its lowest price on Friday was US$0.7017, with a high of US$0.7509.
Crypto news to know
Trump administration eyes blockchain for foreign aid in USAID overhaul
The Trump administration is planning a major restructuring of the United States Agency for International Development (USAID), renaming it as the US International Humanitarian Assistance (IHA) and bringing it under the direct control of the State Department.
According to a leaked memo, first reported by Politico and reviewed by WIRED, the new agency will integrate blockchain technology into its procurement and aid distribution processes, with the goal of increasing security, transparency, and efficiency.
The memo suggests that blockchain would be used to track all distributions and tie payments to measurable outcomes rather than upfront funding. However, critics argue that blockchain offers no substantial advantage over existing financial tools, with some calling it an unnecessary technological solution for a problem that does not exist.
The move is seen as part of the administration’s broader push to centralize control over foreign aid, with billionaire Elon Musk’s Department of Government Efficiency (DOGE) playing a key role in dismantling and restructuring USAID.
Japan’s biggest corporate Bitcoin holder adds Eric Trump as advisor
Japan-based Bitcoin treasury firm Metaplanet has appointed Eric Trump to its newly established Strategic Board of Advisors as part of its ongoing efforts to expand its crypto holdings and global influence.
The company, which currently holds over 3,200 BTC, recently purchased an additional 150 BTC for approximately $12.5 million, reinforcing its aggressive Bitcoin accumulation strategy.
According to a company press release, Trump’s appointment aligns with Metaplanet’s vision of becoming one of the world’s leading Bitcoin treasury firms, leveraging his business experience and growing influence within the crypto community.
Eric Trump has become an increasingly vocal proponent of Bitcoin and Ethereum, particularly after his involvement with World Liberty Financial, a crypto venture tied to the Trump family.
Binance trials ‘Vote to Delist,’ letting users decide token removals
In an effort to make token listings and delistings more democratic, Binance has introduced a new ‘Vote to Delist’ program, allowing verified users to participate in deciding which tokens should be removed from the exchange.
The initiative comes in response to mounting criticism over Binance’s listing of speculative and low-quality tokens, particularly in the wake of the recent memecoin boom, which saw several newly listed tokens lose over 85% of their peak value.
Under the new system, Binance users will be able to vote on an initial batch of tokens nominated for delisting through the Binance Square Official platform. Each verified user can cast up to five votes, provided they hold at least 0.01 BNB in their accounts.
While community feedback will play a significant role in the process, Binance has made it clear that the final delisting decisions will still be subject to an internal review, taking into account factors such as liquidity, trading volume, development activity, and security risks.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.