KIMCHI.finance News

As crypto trading volumes collapse in South Korea, retail investors are flocking to the stock market, fueling a state-backed AI-driven rally that’s replaced altcoin mania with semiconductor fever.

For almost as long as Bitcoin has been trading, Korea’s “kimchi premium” has been one of the market’s favorite ghost signals. When spot prices in South Korea climb faster than those in the US, traders interpret this as a sign of retail demand...

South Korea’s stablecoin trading volume has plummeted 80% in six months, falling from ₩1 trillion to ₩200 billion. The decline suggests a significant slowdown in the domestic crypto market. The post Kimchi Shrinks: Stablecoin Trading Volume Plunges...

Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics platform pointed out...

According to CryptoQuant data, South Korea’s Bitcoin Kimchi Premium has surged to a three-year high of 12% despite the top BTC’s sharp decline to $95,000. This premium reflects a growing price gap between local and global markets, with South Korean...

Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.

The South Korean won hit the lowest level against the dollar since March 2009.

The Kimchi premium has seen a definite rebound after Christmas, recovering to 3.83% on Dec. 27. While this is still significantly lower than the 5.26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South...

BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes.

Bitcoin price cooled off at the start of December, but several bullish catalysts support investors' belief that $100,000 BTC is around the corner.