Bitcoin News

Bitcoin Kimchi Premium Surges: What Traders Need to Know

For anyone tracking global cryptocurrency markets, the term ‘Bitcoin Kimchi Premium’ often pops up. It refers to the phenomenon where the price of Bitcoin (BTC) is higher on South Korean exchanges compared to international platforms like Binance. This premium is a key indicator of unique market dynamics within South Korea. Understanding the Bitcoin Kimchi Premium […]

Blockchain News

Strategic Gain: Wintermute Turns FDUSD Depeg into $75M Crypto Profit Opportunity

In the fast-paced world of cryptocurrency, savvy players are always looking for opportunities to capitalize on market fluctuations. Recently, market maker Wintermute demonstrated just that by strategically leveraging the temporary depeg of the stablecoin FDUSD to secure a significant profit. Let’s dive into how Wintermute turned market volatility into a lucrative $75 million gain. Decoding […]

Bitcoin News

Decoding Bitcoin ETF Inflows: Shocking Insights into Long-Term Investment vs. Arbitrage

The Bitcoin ETF market has been buzzing since its inception in January 2024, witnessing a massive $39 billion inflow. But are these billions truly pouring into long-term Bitcoin investments? Recent research from 10x Research unveils a surprising reality: a significant portion, 56% to be precise, isn’t about long-term holding at all. Let’s dive into this […]