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kimchi premium
Bitcoin's ‘Kimchi Premium’ Jumps to 10%, Worrying Sign for BTC in Short-Term
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
The South Korean won hit the lowest level against the dollar since March 2009.
Market Wrap: Bitcoin Rallies Ahead of Senate Compromise
Bitcoin and ether remain well bid as U.S. senators reach a compromise on the crypto provision of the infrastructure bill.
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin 'Kimchi Premium' Fades Amid South Korean Exchange Crackdown, Price Sell-Off
The premium measures the spread between bitcoin's price on Korean exchanges and other venues.
Macau Considers e-CNY Rollout; Kimchi Premium Arbitrage on the Rise
Macau, one of the largest casino hubs globally, is studying the feasibility of CBDC applications with the help of the Chinese central bank. Top South Korean banks urge the banking industry to reject suspicious remittance applications as kimchi premium arbitrage rises. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Drops 6% in Korea, Shrinking the 'Kimchi Premium'
Bitcoin lost ground after Upbit suspended KRW deposits and withdrawals.
Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was
Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.
Bitcoin Retail FOMO Brings a Heap of 'Kimchi Premium' to S. Korea
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.
Bitcoin's 'Kimchi Premium' Returns With $1K Price Spreads on Crypto Exchanges
The spread between the price of bitcoin on South Korean and U.S. exchanges reached as high as $1,000 this weekend, a sign market inconsistencies are returning with price action.