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Kimchi Premium Vanishes, then Returns as Bank Issues Appear to Have Hit Upbit
7.4.2021
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...
South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average
6.4.2021
While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean...
Kimchi Premium ‘Returns’ as South Korean Youth ‘Rushes’ to Bitcoin
5.4.2021
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...
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?
4.4.2021
Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started?
South Korea's 'Kimchi premium' is back: Is the Bitcoin rally starting to heat up?
29.3.2021
Demand for Bitcoin in South Korea is heating up as the country's BTC premium rises over 5%
Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?
9.1.2021
Bitcoin whales are depositing large amounts of Bitcoin into South Korean exchanges as BTC continues to rally
Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today
6.1.2021
Bitcoin hit a fresh all-time high above $35,000 while former Bakkt CEO Kelly Loeffler lost her U.S. Senate seat
First Mover: Bitcoin Hits Record as `Blue Wave’ and `Kimchi Premium’ Look Bullish
6.1.2021
Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi premium' back in force
‘Kimchi Premium Return’ Reports 'Exaggerated'
6.1.2021
Multiple media reports of a return to the “kimchi premium” – a phenomenon whereby bitcoin (BTC) and major altcoin prices on South Korean exchanges rises to markedly higher levels than on international trading platforms – may be “exaggerated,” according to a South Korean expert.
Mira Kim,...
Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
5.1.2021
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market
Bitcoin Booms, But No Return to the Kimchi Premium in South Korea
22.12.2020
Bitcoin (BTC) prices have been skyrocketing globally of late, but in one part of the world, crypto fever is not yet making its mark – or at least not to the extent that it did three years ago.
That place is South Korea, where 2017’s crypto bubble arguably peaked, amid reports of teenagers spending...
Korean Presidential Committee Pushes to Legalize Crypto
31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...
Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens
13.8.2019
The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges has disappeared after hitting 2019 highs
Bitcoin’s ‘Kimchi Premium’ Returns With $1K Price Spreads on Crypto Exchanges
1.7.2019
Bitcoin may be back over $10,000, but the price increase is bringing with it similar market inconsistencies as seen in the cryptocurrency’s meteoric 2017 ascent. At press time, bitcoin prices in South Korea are once again trading at a notable premium to Western exchanges. The spread...