BlockPress

BlockPress

XRP onchain data shows why $3 is out of reach for now

XRP’s current market performance reflects a confluence of negative indicators, suggesting a potential continuation of its downward trend. A decline in open interest, a crucial metric reflecting the total number of outstanding derivative contracts, signals waning market enthusiasm and participation.…

Bitcoin grabs $106K liquidity as whale longs BTC with $255M

Bitcoin experienced a significant liquidation event, characterized by a massive unwinding of leveraged long positions and the subsequent covering of short positions. This event raises the crucial question: Will this be sufficient to propel Bitcoin’s price beyond its established trading…