Tag: Kimchi

First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient

First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient

ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesd [...]
South Korea’s Kimchi premium turns to discount

South Korea’s Kimchi premium turns to discount

South Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchan [...]
Korean regulators investigate banks over $6.5B tied to Kimchi premium

Korean regulators investigate banks over $6.5B tied to Kimchi premium

South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to compa [...]
South Korea’s ‘Kimchi Premium’ Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty

South Korea’s ‘Kimchi Premium’ Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty

In an interview with CoinDesk TV's "First Mover" program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the [...]
Bitcoin $5K ‘kimchi premium’ returns whereas gold costs surge in Korea

Bitcoin $5K ‘kimchi premium’ returns whereas gold costs surge in Korea

Bitcoin (BTC) was buying and selling at $5,000 greater in South Korea than in different markets on Wednesday as capital stream controls proceed to [...]
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

Posted by: Bitcoin Information Editor in Bitcoin Information Wire 1 hour in the past The value of Bitcoin (BTC) is constant to vary between [...]
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

The worth of Bitcoin (BTC) is continuous to vary between $56,000 and $60,000, because the so-called "Kimchi premium" is surging to yearly highs.Kim [...]
Kimchi Spreads, ‘Rat Poison,’ Form Shifts: What You Have to Know in Crypto In the present day

Kimchi Spreads, ‘Rat Poison,’ Form Shifts: What You Have to Know in Crypto In the present day

Good afternoon, readers: Bitcoin hit a recent all-time excessive above $35,000 whereas former Bakkt CEO Kelly Loeffler misplaced her U.S. Senate se [...]
First Mover: Bitcoin Hits Document as `Blue Wave’ and `Kimchi Premium’ Look Bullish

First Mover: Bitcoin Hits Document as `Blue Wave’ and `Kimchi Premium’ Look Bullish

Bitcoin (BTC) rose for a second day, surging to a brand new all-time excessive value of $35,751, based mostly on CoinDesk’s Bitcoin Value Index. Th [...]
Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

The “kimchi premium” has returned. Value premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail funding curiosit [...]
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