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South Korea
Akash Network’s Token Surges Nearly 50% on Upbit Listing
Akash Network’s token surged to nearly $7 after the token was listed on South Korean exchange, Upbit. Upbit is the largest crypto exchange in South Korea by trading volume, and AKT has a market cap of 1.45 billion dollars according to Messari. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin's 200-day average is on track to challenge its previous peak of $49,452 from February 2022. Plus, Ripple Labs has opposed the SEC’s proposal seeking a nearly $2 billion fine against the company and Crypto.com is postponing its South Korea Launch.
Cripto pospone su lanzamiento en Corea del Sur tras informes de investigación por lavado de dinero.
La firma mantiene los estándares antilavado de dinero “más altos” de la industria, dijo en un comunicado a CoinDesk.
Crypto Fee War Intensifies in South Korea
According to Kaiko data, Upbit has been the dominant player in the South Korean crypto markets since 2021 with an average market share of 82%. Since exchanges started promoting their zero-fee campaigns, competition has intensified during the recent bull run. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
Crypto Council for Innovation Chief APAC Analyst Sean Lee breaks down the state of crypto in Asia. He focuses on the impact of South Korea's latest election on digital assets. Plus, the possibility of the spot bitcoin and ether ETF approval in Hong Kong, and which regions are leading the pack when it comes to crypto adoption in Asia.
Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
Crypto Council for Innovation Chief APAC Analyst, Sean Lee, weighs in on the possibility of spot bitcoin and ether ETF applications in Hong Kong, as Bloomberg reported that investors could see approvals as early as next week. If Hong Kong does "approve for bitcoin and ether ETFs at the same time, that will certainly be a first around various different jurisdictions in the world," Lee said.
What South Korea's Latest Election Means for Crypto Adoption in the Country
Sean Lee, Chief APAC Analyst at Crypto Council for Innovation, answers five rapid-fire questions from CoinDesk, including the significance of South Korea's latest election for crypto adoption in the country, his crypto genesis story and how soon Hong Kong will approve the spot ETF products.
Elecciones del 10 de abril en Corea del Sur: ¿Qué está en juego para el universo de las Cripto ?
En las elecciones de Corea del Sur, los votantes que emitan su voto basándose en políticas Cripto podrían ser decisivos, dadas las predicciones de una elección reñida.
El volumen de operaciones en Upbit, el exchange de Cripto de Corea del Sur, se desploma un 75%
El volumen de comercio de Cripto de 24 horas de Upbit se situó en 3.790 millones de dólares al momento de la publicación, un 75 % menos que el máximo de 15 mil millones de dólares del 5 de marzo, según muestran los datos de CoinGecko.
Is Bitcoin Still Overbought? Do Kwon’s South Korea Extradition Halted
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a new report from JPMorgan that says bitcoin still looks overbought despite the recent sell-off. Plus, the latest on Do Kwon’s South Korea extradition and Frax’s singularity roadmap that aims to boost the TVL of its layer 2 to $100 billion.