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South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike
26.4.2021
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,...
Bitcoin bulls respond with a $150M short squeeze above $53K — Can BTC go higher?
26.4.2021
Bitcoin saw $150 million worth of short contracts obliterated within hours
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Dogecoin Rallying Higher With Musk’s Constant Backing
16.4.2021
The cryptocurrency token, which had once been started as a joke, is now rallying upwards in value. This year, most crypto assets are demonstrating promising results as the cryptocurrency market capitalization has hit $1 trillion, thereby garnering positive attention from the masses and ultimately...
Stakes Get Higher: New Giveaway for PACT Token Holders to be Twice as Big
16.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The first stage of the drop by the P2PB2B Team exchange ended on 15 April. All PACT token stakers received their share of USDT 1,000. The upcoming second stage will end with a giveaway of USDT 2,000 on 29 April....
Bitcoin Consolidates, Ethereum Extends Gains, DOGE Inches Higher
15.4.2021
Bitcoin price remains in a bullish zone and it extended its rise above USD 64,000. BTC traded to a new all-time high near USD 64,900 before it corrected lower. It is currently (04:00 UTC) consolidating gains and it might start a fresh increase above USD 64,000.
Besides, most major altcoins...
Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
15.4.2021
However energy consumption has not matched the 170X price increase over the same period
Bitcoin, Ethereum and Altcoins Move Higher, Dips Attractive
9.4.2021
Bitcoin price gained momentum after it broke the USD 57,500 resistance level. BTC even cleared USD 58,000 and it is currently (12:00 PM UTC) trading above USD 58,250. It seems like the bulls are aiming for a test of the main USD 60,000 resistance in the next few sessions.
Similarly, most major...
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...
IMF Says Higher Rates Might Reduce Appetite for Risk. And Bitcoin?
6.4.2021
Source: iStock/Bumblee_Dee
Interest rate increases in the United States and elsewhere could weaken investors’ appetite for riskier investments, according to the International Monetary Fund’s latest World Economic Outlook report.
This warning comes at a time when record-low rates have helped push...
Bitcoin Inches Higher, Ethereum's New ATH, XRP Flips ADA
6.4.2021
Bitcoin price extended its rise above the USD 58,000 and USD 58,500 resistance levels. BTC even broke USD 59,000 and it is currently (04:30 UTC) consolidating gains. It seems like the bulls are now eyeing a fresh test of the key USD 60,000 resistance.
Besides, most major altcoins are showing...
Focus on NFTs and interoperability pushes Icon (ICX), Ark and Axie Infinity higher
31.3.2021
Projects focused on NFTs and cross-chain transactions continue to undergo explosive rallies as investors sharpen their focus on the sector
New partnerships send Holo (HOT), Wanchain (WAN) and Origin Protocol (OGN) higher
30.3.2021
Surprise NFT drops, new partnerships and sticking to the project development roadmap are the primary factors behind the rally in Holo, Origin Protocol and Wanchain
Strong fundamentals push Dent, Arweave (AR) and Enzyme (MLN) price higher
24.3.2021
The growing need for data privacy and a renewed interest in the DeFi sector back the strong rallies seen in Dent, Arweave and Enzyme
Bitcoin and Ethereum Move Higher, Altcoins Gain Momentum
24.3.2021
Bitcoin price remained well bid above USD 53,200, resulting in a strong increase. BTC broke the main USD 55,000 and USD 55,500 resistance levels. It is currently (12:40 UTC) well above USD 56,000 and it might accelerate higher if there is a break above USD 57,000.
Similarly, most major altcoins...
Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher
17.3.2021
New partnership announcements and integrations with DeFi and cross-chain projects providing an extra boost to the price of Orbs, Dego Finance and Harmony
Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher
13.3.2021
The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins
NFT bonanza sends Chromia (CHR), Rarible (RARI) and Lukso (LYXE) price higher
11.3.2021
Nonfungible token projects continue to rally as big-name players dabble in digital assets and the pace of cryptocurrency's mainstream adoption increases across multiple sectors
Bitcoin Inches Higher, Ethereum and Altcoins Show Positive Signs
10.3.2021
Bitcoin price corrected lower below the USD 54,200 support zone. However, BTC remained stable above the USD 53,000 level and it is currently (12:30 PM UTC) rising above the USD 55,000 level.
Besides, most major altcoins are showing positive signs. ETH traded close to USD 1,750 before it started...
South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
9.3.2021
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend. Figures Are Now Higher Than 2018...