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Tag: Kimchi premium

Strategic Exploit: Crypto Traders Harvested $3 Billion From ‘Kimchi Premium’?

February 12, 2024 wp-bot News BTC

South Korea’s local media, Newsis, recently reported the case of certain crypto traders who had sent about $3 billion overseas in a bid to profit

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South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance

November 12, 2023 wp-bot Bitcoin News

Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is

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Bitcoin Skyrockets, Yet South Korea Experiences a ‘Kimchi Discount’ Instead of the Usual Premium

October 27, 2023 wp-bot Bitcoin News

Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium” in South Korea remains absent in this

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Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

March 19, 2023 wp-bot Bitcoin News, Blockchain

Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during

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South Korea’s Kimchi premium turns to discount

February 20, 2023 wp-bot Cointelegraph

The “Kimchi premium” has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea.

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5 reasons why the Aptos (APT) rally could still have wings

January 27, 2023 wp-bot Cointelegraph

Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price.

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