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#Cryptocurrency market downturn

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Crypto Analyst Reveals Latest Bitcoin, Ethereum, and XRP Whale Moves: What Are They Buying and Selling?
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Crypto Analyst Reveals Latest Bitcoin, Ethereum, and XRP Whale Moves: What Are They Buying and Selling?

Key Highlights: Analyst Ali Martinez revealed divergent whale activity across major digital assets, using on-chain data from Santiment. Bitcoin ($BTC) whales offloaded more than 34,000 BTC—valued at roughly $2.6 billion—as the price dropped from $79,000 to below $73,000. While Bitcoin and Ethereum ($ETH) large-scale holders reduced their positions, XRP whales moved counter to the trend ...

Ripple CTO David Schwartz Addresses His Influence on XRP Price
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Ripple CTO David Schwartz Addresses His Influence on XRP Price

Key Highlights Ripple CTO Emeritus David Schwartz addressed his perceived influence on XRP, stating that while his impact is not completely zero, it remains “very little.” Schwartz voiced growing frustration over hostile social media behavior, announcing he will block users—both critics and supporters—who hijack unrelated conversations to discuss XRP. The public reaction comes amid an ...

60% of Altcoins Suffer Price Drops This Month Amid Market Downturn
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60% of Altcoins Suffer Price Drops This Month Amid Market Downturn

Key Highlights: Research firm Delphi Digital reveals that 60% of altcoins are posting losses this month amid a broader market pullback. Solana’s decentralized finance (DeFi) ecosystem is moving against the trend, recording an impressive 17% gain over the same period. The divergence underscores an increasingly fragmented altcoin market where select network niches outshine widespread market ...

Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report
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Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report

Key Highlights Anchorage Digital has reportedly cut 17% of its workforce amid a prolonged cryptocurrency market downturn. The reported layoffs were communicated by CEO Nathan McCauley to employees this week. Based on Anchorage’s reported headcount of about 400 employees in February, the reduction could affect roughly 68 jobs. Anchorage Digital Reportedly Cuts 17% of Workforce ...