Crypto Markets Continue Retreat As Investors Look For Stability Signs

Investing, News | September 11, 2018 By:

The cryptocurrency markets kept retreating today, as investors looked for signs of hope amid the wreckage of the last week.

At mid-morning, bitcoin was at $6,200, down incrementally over the last 24 hours. That may indicate it’s found a floor – or merely indicates the losses have been temporarily slowed in a week where back to school activities and religious holidays may have sapped some attention.

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Central Bank Of South Korea Calls For Monitoring Of “Kimchi Premium” In Crypto Prices

News, Regulation | September 11, 2018 By:

The Bank of Korea (BOK), the country’s central bank, has called for continued monitoring into local crypto markets to nullify the so-called ‘kimchi premium’ in cryptocurrency prices.

Earlier this year, cryptocurrencies, such bitcoin and ethereum, were traded far higher in the South Korean market compared to spot prices on global exchanges.

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