Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,782,667,590.88
  • 24h Vol: $56,442,256,430.13
  • BTC Dominance: 56.54%

Premiums

stablecoin-trading-dominates-monday’s-crypto-market,-tether-and-busd-sell-at-premiums

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

Leave a Comment / arbitrageurs, Bitcoin, Blockchain, BTC, BUSD, crypto economy, Crypto Hacked, crypto trading, Cryptocurrency, cryptocurrency market, cryptocurrency news, cryptocurrency prices, Cryptocurrency Trading, Curve, DAI, decentralized exchange, depegging, Digital Assets, ETH, Ethereum, Global Trade Volume, Market Activity, Market Capitalization, Market Updates, Premiums, Stablecoins, Tether, trade volume, Traders, Trading sessions, tusd, US Dollar, USDC, USDC Depeg, USDC repeg / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and […]

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study-reveals-south-korea’s-‘kimchi-premium’-strongly-linked-to-international-remittances-to-china

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China

Leave a Comment / 2021, 55%, Bank of Korea, banned cryptocurrencies, Bitcoin, BTC, China, Chinese arbitrageurs, common regulation, Crypto Hacked, Cryptocurrency, cryptocurrency arbitrage traders, Cryptocurrency Assets, Ethereum, Fiat, first quarter of 2021, foreign arbitrageurs, global cryptocurrency market, high demand, Incheon National University, influx, International remittances, International Standards, Jangyoun Lee, kimchi premium, Korean financial institutions, News, overseas remittances, overseas remittances to China, Premiums, reemerged, significantly correlated, South Korea, study, subsided, Taehee Oh, Western exchanges, Western trading platforms / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Korea’s ‘Kimchi Premium’ According to a study

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