Sentences with phrase «kimchi premium»
ban / Bitcoin / Bithumb / BitLicense / close down / Cryptocurrency / Digital Currency / Exchanges / FSS / kimchi premium / korea / korean / License / N - Markets and Prices / nysdfs / overheated / prime minister / Regulation / shut down / South Korea / Speculation / trading / virtual currency
http://bitcoinnews.international/
Kimchi premium is growing again, as demand rises,»
Kimchi premium is growing again, as demand rises,» said Chosun.
For traders seeking an edge, however, the biggest change was that the market's so - called «kimchi premium» all but evaporated over the course of February's 28 trading days.
As such, the data shows the sharp decline in the kimchi premium is strong evidence that crypto markets have largely normalized following last year's epic rise.
This was referred to as the kimchi premium.
As Bloomberg reported this week, South Korea's premium cryptocurrency prices have been dubbed the «kimchi premium,» after Korea's cuisine staple kimchi - a traditional dish made with napa cabbage.
In early January, when the price of bitcoin was $ 17,600 on Bitstamp, the Luxembourg - based digital currency exchange, it was being quoted at 25 million won ($ 23,630) in South Korea, implying a 34 percent «kimchi premium».
Furthermore, the «Kimchi premium» - the spread or difference between bitcoin prices on Korean exchanges and prices on western exchanges - fell sharply in the first quarter, signaling that the markets have normalized following regulatory changes in the country.
Kimchi premium is growing again, as demand rises,» said Chosun.
Kimchi premium is growing again, as demand rises,»
Senator David Perdue began a line of questioning about combating pump - and - dump schemes, regulatory arbitrage and financial arbitrage that prompted the CFTC chair to explain what «kimchi premiums» were.
Not exact matches
Local mainstream media outlets in South Korea including Chosun and HanKyoReh have also reported that cryptocurrency premiums within the South Korean cryptocurrency exchange market, better known as the Kimchi Premium, have started to increase again.