Bitcoin (BTC) Kimchi Premium in South Korea Reaches Two-Year High
After a brief pullback to $60,000 on Wednesday, the world’s largest cryptocurrency Bitcoin (BTC) has given a healthy…
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kimchi premium
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Bitcoin sees return of Kimchi Premium in South Korea and CME futures market
Bitcoin’s price premiums have resurfaced amidst the recent bullish fervor gripping the market. Kimchi premium Data reveals BTC…
Strategic Exploit: Crypto Traders Harvested $3 Billion From ‘Kimchi Premium’?
South Korea’s local media, Newsis, recently reported the case of certain crypto traders who had sent about $3…
South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance
Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in…
Bitcoin Skyrockets, Yet South Korea Experiences a ‘Kimchi Discount’ Instead of the Usual Premium
Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium”…
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations…
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and…