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An address associated with the venture capital firm a16z withdrew a total of 25,560 ETH from the centralized exchange platform Binance. The transfer represents an estimated value of $42.62 million, executed while the crypto asset was trading near $1,670.

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Peter Schiff pushed back against claims that bitcoin is undervalued following recent declines, arguing that the asset lacks conventional valuation benchmarks as Strategy-linked securities faced steep losses.

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Crypto analyst Ali Martinez has flashed a new XRP crash warning. He revealed a bearish roadmap indicating the token could fall as low as $0.15 after losing a vital support zone.

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The collapse of Bitcoin‘s price below the psychological barrier of $60,000 sparked alarms in the crypto market, dragging the ecosystem to its lowest level since October 2024. Following this 4.2% drop, public figures such as Barstool Sports founder Dave Portnoy openly questioned the asset's long-term viability against the most optimistic predictions.