News with the tag "korean won"

A significant development is stirring in the South Korean political landscape, directly impacting the future of its digital economy. Lee Jae-myung, a prominent figure and the presidential candidate from the Democratic Party of Korea (DPK), has put forward a compelling proposal: the swift adoption of...

The Asian foreign exchange (FX) market is a dynamic landscape, constantly reacting to global and regional economic signals. Lately, we’ve seen a notable divergence in performance, particularly with the Japanese Yen and the South Korean Won. This mixed picture highlights the complex factors influenci...

Bitcoin Surpasses 100 Million Korean Won on Upbit as Global Demand RisesBitcoin Reaches Key Milestone on South Korea’s Upbit Exchange Bitcoin (BTC) has broken the 100 million Korean won (KRW) threshold on Upbit, South Korea’s largest cryptocurrency exchange. This milestone reflects the growing deman...

The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% Incr...

This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%. Bitcoin Premi...

A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list. Different platforms have unsuccessfully challenged the exchange’s dominance in the country, and the upcoming r...

The figure is more than double recorded in the first half of 2022 and a massive 1,800% increase from the same period in 2020, according to Dunamu.

The figure is more than double recorded in the first half of 2022 and a massive 1800% increase from the same period in 2020, according to the operating firm.

In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past 24 hours,...

South Korea's Shinhan Bank completed a feasibility test for stablecoin remittance payments using Hedera's distributed ledger technology.