South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average

South Korea's 'Kimchi Premium' Returns, BTC Prices Up 8% Higher Than Global AverageAs cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on Monday. In South Korea, crypto-assets like bitcoin are once again experiencing a ‘kimchi […]

Bitcoin In Contango: How Pricing Differences Can Foreshadow Further Gains

Bitcoin In Contango: How Pricing Differences Can Foreshadow Further GainsMajor differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this development, but it could be bullish for the bitcoin price outlook no matter the catalyst. Curious Developments Could Highlight Supply Shortage or Heightened Derivatives Demand […]

5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums

5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher PremiumsDigital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes as well. In fact, cryptocurrencies that claim to be […]

The post 5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums appeared first on Bitcoin News.

Bitcoin Trust GBTC Shares Spike Despite 30% Premium

Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as a reporting company with the Securities and Exchange Commission (SEC) and […]

The post Bitcoin Trust GBTC Shares Spike Despite 30% Premium appeared first on Bitcoin News.