Bitcoin just became a whole lot more expensive in Korea: The so-called “Kimchi Premium” hit a three-year high in the Asian country, …
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Kimchi
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Markets
Bitcoin's ‘Kimchi Premium’ Jumps to 10%, Worrying Sign for BTC in Short-Term
by shayaanby shayaanPremiums of an infamous bitcoin (BTC) trade popularized by Sam Bankman-Fried have popped back to significant levels amid a market bloodbath caused …
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Markets
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
by shayaanby shayaanSouth Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the …
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Analysis
Bitcoin trades at discount in Korea destroying historical ‘Kimchi Premium’
by shayaanby shayaanBitcoin is trading at a discount on South Korean exchanges, reversing the traditional “kimchi premium” that has historically signaled bullish market sentiment. …