South Korean crypto exchange Coinone said in a notice on its website that it plans to sell around 4.1 billion won ($2.95 million) worth of crypto holdings, based on July 31 closing prices, to help cov...

South Korean crypto exchange Coinone said in a notice on its website that it plans to sell around 4.1 billion won ($2.95 million) worth of crypto holdings, based on July 31 closing prices, to help cover operating expenses such as payroll. The assets up for sale include 10 BTC, 300 ETH, 200,000 XRP and 40,000 ADA. Regulators in South Korea had previously authorized exchanges to liquidate their own crypto holdings, making Coinone the first among the country’s top five exchanges to move forward with such a sale.

Coinone plans crypto sale, first among top five South Korean exchanges

Ethereum’s rally above the $4,000 mark has triggered a significant wave of short liquidations, reflecting the strengthening demand for the leading altcoin.
On-chain data reveals a resurgence in intere...

Will Ethereum Price Hit $5,000 This Cycle? A Technical Breakdown

XRP remains below the critical $3.65 level, where a bearish pattern previously emerged, as on-chain data shows potential for profit taking by holders.

XRP Charts Signal Caution to Bulls as Bitcoin Awaits Breakout and Ether Goes Bonkers

The crypto market is surging, with ETH leading the current accelerated trend.

Over the past 48 hours, <ETH> has forcefully broken through the psychological barrier of $4,000, reaching a high of $4,200, and is currently trading at $4,194, marking a new 45-month high since December 2021. Starting from the low point of $1,385 on April 9, <ETH> has accumulated a total increase of over 300%, with a single-month gain of 65% in July alone—significantly outperforming most Altcoins and becoming the core target for capital inflow.

In comparison, Bitcoin's performance has been relatively weak, currently still at 11...