Bitcoin Kimchi Premium in South Korea Soars to 2-Year High, Is That Bad News for BTC?
BTC could experience a price correction following an eventual decline in the kimchi premium.
Mandy Williams is a full-time reporter at CryptoPotato. She joined the cryptocurrency space in early 2017 during her search for financial freedom and has remained devoted to the industry.
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BTC could experience a price correction following an eventual decline in the kimchi premium.
CoinMarketCap expressed difficulty in selecting one winner for the Crypto Leader of the Year award category.
Total Bitcoin OI for futures and perpetual pairs across multiple decentralized exchanges (DEXs) also rose to $41.8 billion last week.
The token has seen a 44% increase in the past month and an 82% yearly rise, with a 24-hour volume
With USDT’s latest milestone, the asset has strengthened its dominance in the stablecoin space, giving its closest rival, USDC, a
So far, BTC has recorded new highs against over 15 out of the top 20 fiat currencies.
Kang says the crypto market may see ether soar by 50% from its current price, but memecoins will witness a
Opening new long positions in the perpetual futures markets has become expensive, and traders’ unrealized profit margins are nearing extremely
Historical data shows that super-inflated average trader returns combined with weak whale accumulation likely lead to a short-term correction.
Bitcoin witnessed similar experiences in February, March, and October of 2021; however, none of the candlesticks are as large as