The “Kimchi premium” has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea.
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Category: Bitcoin discount
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Philippine Crypto Exchange Demands Users Return Bitcoin Bought at $6,000 Following System Error
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved the bitcoin (BTC) away from their exchange […]Powered by WPeMatico