Search results for Kimchi premium
Crypto
Bitcoin holds $60,000 but faces triple pressure from CLARITY Act, Strategy and XRP
Cryptocurrency markets sank into an “extreme fear” phase as bitcoin neared a break of the $60,000 support level. U.S. spot bitcoin ETFs logged 13 straight sessions of net outflows, with cumulative withdrawals of about $4.37 billion. Passage prospects for the U.S. CLARITY Act this year fell again amid Senate scheduling hurdles. XRP holders showed limited selling despite a 66 percent drop from its peak, while Ripple pushes RLUSD and institutional ecosystem expansion.
Crypto
KOSPI at 8,400 raises question of when bitcoin will rise as Ethereum foundation infighting spreads
South Korea\'s KOSPI has broken above 8,400 for the first time and is up 100 percent this year, led by a semiconductor rally and inflows into leveraged chip ETFs. By contrast, domestic crypto trading value has fallen about 80 percent and the so-called kimchi premium has turned negative. Attention is also on the U.S. Clarity bill, a proposed federal bitcoin reserve law, and debate inside the Ethereum Foundation over priorities and governance.
Crypto
KOSPI doubles in 2026 on Samsung Electronics and SK Hynix as retail investors shift from bitcoin
South Korea\'s KOSPI broke above 8,400 for the first time and is up 100 percent so far in 2026, led by a rally in semiconductor shares. The index jumped 4.56 percent in a day as market value rose by about 300 trillion won to above 6,400 trillion won, with Samsung Electronics and SK Hynix at the center. Retail money has shifted from crypto to stocks, cutting domestic crypto trading value by about 80 percent.
