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Category kimchi premium

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South Korea’s Kimchi Premium Reaches 3-Year High Amid Market Turmoil

South Korea’s Kimchi Premium Reaches 3-Year High Amid Market Turmoil

Analysts suggest the premium’s surge isn’t from Korean Bitcoin purchases but due to the rising U.S. Dollar Index.
Feb, 03, 2025
2 min read
by CryptoPotato
Kimchi premium recovers as KRWUSD drops to 15-year low

Kimchi premium recovers as KRWUSD drops to 15-year low

The Kimchi premium has seen a definite rebound after Christmas, recovering to 3.83% on Dec. 27. While this is still significantly lower than the 5....
Dec, 27, 2024
3 min read
by CryptoSlate
Bitcoin (BTC) Crashes 33% In South Korea Amid Increasing Political Turmoil

Bitcoin (BTC) Crashes 33% In South Korea Amid Increasing Political Turmoil

Bitcoin (BTC) has seen a violent drop in South Korean exchanges amid the growing political crisis in the country. Following a recent announcement b...
Dec, 03, 2024
3 min read
by NewsBTC
Dogecoin Frenzy Arrives In Korea: ‘Kimchi Premium’ Returns Amid DOGE’s 110% Rally

Dogecoin Frenzy Arrives In Korea: ‘Kimchi Premium’ Returns Amid DOGE’s 110% Rally

Dogecoin (DOGE) continues to lead the crypto market with its 116% surge over the last week. The memecoin’s frenzy has outperformed most to 100 cryp...
Nov, 14, 2024
2 min read
by NewsBTC
Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why

Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why

Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen si...
Oct, 18, 2024
2 min read
by NewsBTC