News with the tag "Kimchi premium"

Hey crypto enthusiasts! Ever heard of the Kimchi Premium ? It’s a fascinating quirk of the crypto world, particularly relevant to the South Korea crypto market . Essentially, it measures the difference in cryptocurrency prices, most notably Bitcoin, between exchanges in South Korea and those elsewhe...

South Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the plummeting won, CryptoQuant data show. Priced in won, the largest cryptocurrency is valued at 145,000,000 ($98,600) on the country's largest crypto exchange, Upbit. That compare...

BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes.

Bitcoin price cooled off at the start of December, but several bullish catalysts support investors' belief that $100,000 BTC is around the corner.

Dogecoin (DOGE) continues to lead the crypto market with its 116% surge over the last week. The memecoin’s frenzy has outperformed most to 100 cryptocurrencies and even made DOGE’s price in South Korean exchanges briefly rise higher than global exchanges like Binance. Related Reading: Solana (SOL) R...

Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential o...

South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premium is in a similar range. South Korea’s Crypto Premiums Slides W...

Hey there! Let’s talk about something spicy, all pun intended. Guys I want us to talk about the kimchi premium. Sounds a lot like your favorite fancy type of fermented vegetable, doesn’t it? I know. I love kimchi too. But actually, ‘kimchi premium’ is a term from the crypto industry that intrigues m...

Bitcoin (BTC) has witnessed a significant price recovery, surpassing the $66,000 mark after a brief pullback. This resurgence is mirrored by a notable increase in the ‘Kimchi premium’ in South Korea, which has achieved its highest level in two years. The term ‘Kimchi premium’ refers to the differenc...

After a brief pullback to $60,000 on Wednesday, the world’s largest cryptocurrency Bitcoin (BTC) has given a healthy recovery. The Bitcoin (BTC) price is up 4% in the last 24 hours shooting past $66,000 once again. Bitcoin (BTC) Kimchi Premium Jumps 10% In a recent statement, CryptoQuant CEO Ki Youn...