South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices

South Korea's Crypto Market Continues to Defy Global Trends With Premium PricesMetrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase in Upbit’s trade volume, skyrocketing by 172.25% from February’s data. Ethereum, Solana, […]

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South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K 

South Korea's Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000, whereas on the South Korean exchange Upbit, bitcoin’s price stands at $71,076 […]

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Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally

Bitcoin's Swift Climb Triggers Soaring Premium in South Korea During Worldwide RallyOn Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher. In a Worldwide Bitcoin Frenzy, South Korea and 30+ […]

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Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings

Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto DealingsSouth Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul […]

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