Ethereum Altcoin Explodes 68% After Korea’s Second-Biggest Crypto Exchange Announces Trading Support

March 23, 2025 The Daily Hodl

An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a […]

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Ethereum devs prepare final Pectra test before mainnet launch

Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs

March 2, 2025 Bitcoin.com

bitcoin.com

Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at contributing to various cultural fields, will see Bithumb serve as an official sponsor for the 2025 season. FC Seoul, one of Korea’s most popular professional […]

Ethereum devs prepare final Pectra test before mainnet launch

Former CEO of Crypto Exchange Bithumb Sentenced to Two Years in Prison: Report

December 30, 2024 The Daily Hodl

Altcoins

Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts to engage in a fraudulent token listing scheme. Local Korean news outlet The Hankyoreh reports that the Seoul Southern District Court has sentenced the 55-year-old to two years behind bars and ordered him to pay […]

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Ethereum devs prepare final Pectra test before mainnet launch

Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support

November 19, 2024 The Daily Hodl

Altcoins

Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 […]

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Ethereum devs prepare final Pectra test before mainnet launch

Korean Exchange Bithumb Eyes Nasdaq Listing After Shelving KOSDAQ IPO Plans

October 1, 2024 Bitcoin.com

bitcoin.com

Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb’s strategy to expand into the U.S. market. The […]

Ethereum devs prepare final Pectra test before mainnet launch

Crypto Exchange Bithumb Considering Public Listing on Nasdaq: Report

September 30, 2024 The Daily Hodl

Bithumb

South Korean crypto exchange Bithumb is reportedly telling shareholders that it is mulling a U.S. stock exchange listing. According to local outlet DNews, Bithumb told shareholders on Monday that South Korea’s second-largest crypto exchange by trading volume is mulling a Nasdaq listing. The exchange reportedly considered a similar move late last year for the Korean […]

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Ethereum devs prepare final Pectra test before mainnet launch

Bitcoin Price in South Korea Sees Largest Discount Since October 2023

September 30, 2024 Bitcoin.com

Bitcoin

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays Below 1% On Sept. 23, bitcoin (BTC) in […]

Ethereum devs prepare final Pectra test before mainnet launch

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

September 19, 2024 Bitcoin.com

Bitcoin

Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold […]

Ethereum devs prepare final Pectra test before mainnet launch

South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally

May 22, 2024 Bitcoin.com

Bitcoin (BTC)

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 When BTC reached its all-time high in March, the leading […]

Ethereum devs prepare final Pectra test before mainnet launch

South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average

May 12, 2024 Bitcoin.com

Bitcoin (BTC)

Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat currency against bitcoin, accounting for 2.07% of all spot bitcoin trades, […]

Bithumb

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