Kimchi Premium Resurfaces in South Korean Bitcoin Market
Bitcoin trades nearly 1% higher on South Korea's Upbit than Binance, reviving the Kimchi Premium as retail demand returns.
Bitcoin, Ethereum and the wider digital asset market: price action, on-chain flows, protocol upgrades and institutional adoption.
Bitcoin trades nearly 1% higher on South Korea's Upbit than Binance, reviving the Kimchi Premium as retail demand returns.
Ripple unlocked 1B XRP in its monthly escrow release; 31.14B remain locked. XRP sits near $1.36, down 0.5%, with $3.32M in liquidations.
Arbitrum rose 26% on Robinhood Chain's record fees, while BTC and ETH fell. ARB broke a six-week range but faces resistance and key dates in September.
Ethereum starts September at $2,452, with the $2,438 Fibonacci level as key support after a trendline breakout.
Robinhood Chain recorded over $1 billion in DEX volume, driven by meme coins PONS, AI, and CASHCAT, each showing distinct price movements.
Justin Sun says Forbes and Bloomberg undervalue his crypto by up to 80% and defends holding most of his assets in digital currencies.
DeFi Development Corp. plans to raise $20 million through preferred stock with a 13% dividend rate to buy more Solana (SOL).
Tether CEO Paolo Ardoino posted a cow GIF, confirming a 70% stake in agribusiness Adecoagro, whose stock rose nearly 6%.
Bitcoin fell after Fed Chair Warsh's hawkish speech at Jackson Hole. Traders now watch for a breakout of the 77K-80K range.
OpenPay has switched its cash-in feature back on, and PI remains above $0.091 after gaining 10% in August. The $0.1000–$0.1022 zone is key resistance.
August's 50 hacks set a 2026 monthly record, but total losses fell 49.5% to $136.3 million.
Bitcoin gained 25% in August on $3.5B ETF inflows, but September may see a pullback based on past patterns.
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Ethereum futures hold above VWAP at $2,477.70, with bulls maintaining a mild edge but facing resistance near $2,500.
Strive, BitMine, and MicroStrategy added to their crypto holdings, with Bitcoin buyers spending over $500 million. ETF inflows also surged.