Korea Joongang Daily
Korea JoongAng Daily

Bitcoin breaks 128 million won in unprecedented Korean crypto frenzy

Bitcoin prices surged at a breakneck pace as traders bet on President-elect Donald Trump's strong advocacy for digital assets, pushing the cryptocurrency past 128 million won ($90,872) on Korea's largest cryptocurrency exchange.

2024-11-12

Bullish Bitcoin breaks 114 million won threshold amid optimism about Trump policies

Bitcoin hit a fresh high on Monday as the token surpassed $81,000 for the first time ever globally on expectations of favorable policies under the incoming Donald Trump administration.

2024-11-11

Bitcoin hits record high of $81,000 as Trump’s win fuels crypto optimism

Bitcoin soared to a record high of more than $81,000 on Monday as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted into Congress spurred expectations of a light-handed regulatory environment.

2024-11-11

Bitcoin prices continue to climb

Prices of Bitcoin and other cryptocurrency are on display at a Bithumb lounge in southern Seoul on Wednesday.

2024-10-30

Bitcoin drops, stocks rally amid possible Fed rate cut

The price of Bitcoin is displayed on a screen at the Upbit Lounge in Gangnam District, southern Seoul, on Thursday as the cryptocurrency's price dropped after the U.S. Federal Reserve hinted at a possible rate cut, sparking a stock rally.

2024-08-01

Nominee for FSC chairman maintains caution on crpyto accounts for corporations, loan-limit tightening

Kim Byoung-hwan, a former vice finance minister, said investor protection in digital assets and consideration for households looking for loans are paramount in policy decisions.

2024-07-22

Bad day for Bitcoin

An electronic signboard shows the Bitcoin price at the Bithumb customer center in southern Seoul on Thursday. The price of Bitcoin fell below the $60,000 mark, falling more than 3 percent compared to the previous day on U.S.-based exchange Coinbase.

2024-04-18

Singapore's Crypto.com to launch mobile app for investors in Korea

Crypto.com, a Singapore-based cryptocurrency exchange, is launching a mobile app for Korean investors, signaling the beginning of its full operations in the country after initially entering the market in August 2022.

2024-04-02

Bitcoin hits record high, driving investor frenzy

Korean investors are flocking to bitcoin as prices soar, driving up cryptocurrency-related stocks. Trade volume on Korea's five major crypto exchanges surpassed that of the Kospi.

2024-03-12

Bitcoin passes 100 million won Monday

An electronic signboard at a cryptocurrency exchange in southern Seoul shows that the price of bitcoin surpassed 100 million won ($76,000) during a trading session Monday.

2024-03-11