Markets

Markets

Markets

Bitcoin Drops 6% in Korea, Shrinking the 'Kimchi Premium'

Bitcoin lost ground after Upbit suspended KRW deposits and withdrawals.

kimchi-2449656_1920

Markets

Crypto Asset Flows Bounced Back Last Week, Ending Record $4.5B Quarterly Haul

Inflows to crypto funds jumped from a five-month low of $21 million the prior week.

Crypto asset fund flows

Markets

Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was

Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.

South Korean flag. (CoinDesk Archives)

Markets

XRP Rises Above $1 for First Time Since March 2018, Despite SEC Shadow

The XRP token's price continues to draw support from a community of loyal and devoted cryptocurrency traders.

(PhotoMosh)

Markets

Bitcoin Rangebound With Support Near $57,900

BTC continues to consolidate, although selling pressure remains limited to rising support levels on intraday charts.

BTC hourly chart

Markets

Bitcoin Awaits Institutional Demand for Next Leg Higher, Oanda Says

Bitcoin's intraday rally follows a near 36% rise over the past month as traders look to institutional demand to fuel further upside.

bull, bear

Markets

Bitcoin, Fiat Currencies Unnerved Even as Goldman Ditches Short USD Trade

Bitcoin has rallied by over 400% since Goldman Sachs issued a short dollar recommendation on Oct. 9.

Goldman Sachs

Markets

Bitcoin Fails to Break $60K; Short-Term Support Near $56K

BTC will need to break above $60,000 to resume the uptrend.

BTC Hourly Chart

Markets

XRP Hits Two-Month Price High in Wake of Ether Rally

XRP has completely recouped its losses resulting from the SEC's lawsuit against Ripple Labs late last year.

(PhotoMosh)