Pro-crypto candidate to become next South Korean president
Sponsored
Sponsored
Yoon Seok-yeol, a conservative former top prosecutor, has won the South Korean presidential election after defeating his liberal counterpart in a tightly-contested race. Yoon had 48.6 percent of the…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential of more…
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC. This increase suggests that…
During the time period between May 30, 2020, and May 30, 2023, the South Korean National Assembly members purchased crypto worth 62.5 billion won (approx $48 million) and sold crypto worth 63.1 billion won (approx $48.6 million) This year, South Korea is ramping up its efforts for crypto regulation. After…