Kimchi premium over 12%… Two reasons for the bearish market still low
The’Kimchi Premium’ has steadily increased since February, exceeding the Cryptoquant Index of 12% as of the 4th.
Bitcoin investors should pay attention to US Treasury yields
Bitcoin is regarded as a risky asset, so it is not very different from the movement of the stock price due to the increase in government bonds. In the end, a rise in the rate of return on safe assets and a rise in loan interest rates affects the bitcoin market. However, just because bitcoin investors have a strong tendency to aggressively invest so that the return on investment in government bonds has increased, it does not mean that large amounts of money from the bitcoin market are transferred to the bond market.
[창작자의 NFT 판매기] Episode 1 Manga Artist and Musician
The two men, a cartoonist and a musician, decide to jump directly into the NFT market. We plan to serialize the real experiences of two people, such as’Dum & Dermer’ in the virtual currency world, on CoinDesk Korea every week. It is not possible to say what will be posted next week or next week. The two also have no idea what will happen.
World Cryptocurrency Exchange Ranking: Coinbase, Upbit, Kraken
As of March, the top three exchanges in fiat currency-based trading volume were Coinbase (about $87.3 billion), Upbit (about $83.3 billion), and Kraken (about $43.8 billion). In the case of Upbit, a domestic exchange, the trading volume in March increased significantly compared to the February trading volume (approximately $57 billion).
Key Inside, a developer of’Milk’, faces with Ground X… “I will promote the NFT business”
Milk Partners’ parent company Key Inside (CEO Jo Jung-min) announced on the 5th that it has entered into a business alliance with Kakao’s blockchain technology subsidiary Ground X. With this agreement, the two companies will increase user convenience by linking’Milk’, which integrates and manages points of various companies, and’Klip’, a digital asset wallet accessible through KakaoTalk. New projects related to non-replaceable tokens (NFTs) are also promoted.
Corbit to unveil’Web 2.0′ introduced by Metaverse… NXC logo weapon
On the 5th, Kobit (CEO Sejin Oh), a domestic cryptocurrency exchange, unveiled’Cobit Web 2.0′, which has reorganized its homepage. Corbitt introduced Metaverse for the first time in the industry through the reorganization of this homepage. Corbit users can use their avatars on Metaverse-based cryptocurrency platform’Cobit Town’ to talk with other users or give cryptocurrency gifts.
Bitcoin surge is the beginning of a new currency war
The reason for the sharp rise in the price of cryptocurrency was that an asset investment company put bitcoin into the investment portfolio, Paypal made it possible to pay with cryptocurrency for transactions in the United States, and Elon Musk made it possible to use bitcoin for Tesla Motors. Some say that payments are allowed. However, this is more of an effect than a cause.
U.S. Financial Crimes Enforcement Agency, former CTO of Channel lysis as interim director
The Financial Crimes Enforcement Bureau (Finsen, FinCEN) under the US Treasury Department appoints a former Chainalsis executive as interim director. On the 2nd, FinCEN announced that Michael Mosier would take over from the 11th following the resignation of Director Kenneth A. Blanco.
China Takes a Step to’Internationalize Yuan’ with CDBC
The People’s Bank, the central bank of China, is actively trying to increase the yuan into an international currency by developing digital currency, such as conducting a technology test for international settlement of digital currency with the Hong Kong Financial Authority.
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