Korean Won

South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility

May 28, 2024 Bitcoin.com

Bitcoin

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 Premium in South Korea Grows Bitcoin (BTC) saw […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High 

February 1, 2023 Bitcoin.com

$20 Ceiling

On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume

July 28, 2022 Bitcoin.com

Altcoins

Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using the same proof-of-work (PoW) […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants

May 17, 2022 Bitcoin.com

Airdrop

Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations

August 17, 2021 Bitcoin.com

bitcoin.com

U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s Bitfront Exchange to Discontinue Services for Korean Cryptocurrency Traders With tighter regulations on […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

July 3, 2021 Bitcoin.com

Bitcoin

One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving “transaction transparency.” Bithumb Bans Employee Bitcoin Trading – Will Monitor for Individuals Who […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike

April 26, 2021 Bitcoin.com

Bitcoin

During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone, in South Korea, the premium on bitcoin climbed 4.56% higher than […]

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact