Category: instability
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Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge
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The Bitcoin (BTC) “kimchi premium” has returned to the South Korean cryptocurrency market, as the country faces political instability. This has led to a weakening of the Korean Won (KRW) and a rise in the price of the leading cryptocurrency. Bitcoin Kimchi Premium Rising in South Korea According to CryptoQuant…
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Charting the Global Economy: Assad’s Fall Adds to Middle East Instability
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Breadcrumb links BMN Business The overthrow of Bashar al-Assad’s government added a new source of instability to the Middle East, with Türkiye asserting itself as the main player in shaping Syria’s future. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on December 14, 2024 • 4 minutes read…
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96% Of NFTs Declared Dead Amid Market Instability: Report
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Image: news.bitcoin.com The once-heralded world of non-fungible tokens (NFTs) is facing a shocking reality – 96% of all NFT projects are now considered “dead,” according to a report. Comprehensive analysis This alarming statistic underscores the volatile and unpredictable nature of the NFT market, which has seen dizzying highs and devastating…