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Nalezeno "18% Premium": 461

Grayscale Fund Touts ETF Conversion as Price Discount Issue Solution


Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about...

Euler.Tools Launches Premium Trading Tools for Crypto Trading


The text below is an advertorial article that was not written by Cryptonews.com journalists. Blockchain analytics platform Euler.Tools is launching their highly anticipated dashboard and tools at 5pm UTC May 5. The launch is expected to provide traders with the very best analytical tools...

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers


The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...

First Bank Caps Remittances in Bid to Block Kimchi Premium Opportunists


One of South Korea’s biggest commercial banks, Woori, has fallen into line with government efforts to restrict the flow of money overseas in crypto purchases by imposing limits on remittances made to individuals and companies based in China. Woori was the first to blink after the government...

Kimchi Premium Vanishes, then Returns as Bank Issues Appear to Have Hit Upbit


Widespread reports of a return of the kimchi premium appear to have been shrouded in confusion after bitcoin (BTC) prices plummeted briefly on a number of domestic exchanges before rising back above the USD 62,000 mark – while the market-leading Upbit platform suspended fiat withdrawals, possibly...

Kimchi Premium ‘Returns’ as South Korean Youth ‘Rushes’ to Bitcoin


South Korea’s bitcoin (BTC) boom appears to have returned in earnest, with more reports of investors aged 20-39 plunging into the market, and claims that the “kimchi premium” may have returned for the first time in earnest since early 2018. The kimchi premium was a phenomenon whereby BTC and some...

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