Based on recent data, the surge of bitcoin beyond the $ 41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $ 1,500 premium on major South Korean cryptocurrency exchanges, including Upbit, Bithumb, Korbit, and Coinone. South Korea’s ‘Kimchi Premium’ …
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $ 2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared to an unprecedented high of $ 2,072.50 per ounce. Gold …
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in the previous 24 hours. Bitcoin Price Soars $ …
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Global X Bitcoin Trust’s application to list a spot bitcoin exchange-traded fund (ETF). The delay, announced on November 17, 2023, marks a continued period of uncertainty in the spot bitcoin ETF space. Global X Spot Bitcoin ETF Delayed by SEC The …
The Monetary Authority of Singapore (MAS) has announced a global tokenization initiative that seeks to allow tokenized assets to be exchanged by different financial institutions across borders. The initiative, touted by MAS officials as the evolution of Project Guardian, a series of tokenization pilots carried by the institution, has the support of banking powerhouses like […]