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Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs

Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at…

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Korean Exchange Bithumb Eyes Nasdaq Listing After Shelving KOSDAQ IPO Plans

Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ…

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Bitcoin Price in South Korea Sees Largest Discount Since October 2023

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s…

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Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire…

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South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally

South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands…

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South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average

Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics…

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Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC

Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each,…

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South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices

Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform…

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Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb Korea’s fiscal performance for the year 2023 took a significant hit as it remained unfazed by the improvement in the trading volume that the platform witnessed throughout the year.…

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South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K 

The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on…

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