Bitcoin Drops 6% in Korea, Shrinking the ‘Kimchi Premium’

The brokerage owns a 6.15% stake in Dunamu, which operates the leading South Korean crypto exchange Upbit, according to its regulatory filing in February.At least for now, Hanwha Investment appears to be Korea’s biggest beneficiary of the latest optimism on digital currencies, fueled by Coinbase’s move to directly list on Nasdaq and speculations that Dunamu can make a similar move as cryptocurrencies become more mainstream.The Herald Business Newspaper reported on Mar.

The Securities and Exchange Commission last week sued blockchain company LBRY Inc.

Analysts said Samsung’s mobile division likely saw operating profit soar more than 1 trillion won to about 4.15 trillion won after its flagship Galaxy S21 smartphone series outsold the previous version by a two-to-one margin in the six weeks since its January launch, according to research provider Counterpoint.

The S&P 500 and the Dow reached record levels with the CBOE volatility index retreating to pre-pandemic lows, driven by fiscal stimulus packages and swift COVID-19 vaccinations in the United States that led to blowout employment as well as service sector reports for March.

The S&P 500 hit a record high for the fourth straight session on Tuesday as economy-linked and tech stocks gained ground on confidence that the U.S.

The Miami Heat’s search for an additional big man has led them to veteran NBA center Dewayne Dedmon, an NBA source confirmed Tuesday to the South Florida Sun Sentinel.

Scaramucci appeared to share this belief too, as he went on to state, “The technology around Ethereum is going to make it a sticky cryptocurrency and a store of value and something people will transact with.” What Else: While he wouldn’t recommend a 20% portfolio allocation towards cryptocurrency just yet, Scaramucci thinks that an allocation between one and three percent would be ideal for investors.

In addition to the plastics, cigarette butts and food wrappers that sully the sand each year, the group’s volunteers removed 1,113 masks and other pieces of virus-related protective gear from New Jersey beaches last fall.

2 bank, which has dumped over $2 billion worth of stock to end exposure to the New York investment fund run by former Tiger Asia manager Bill Hwang, said Chief Risk and Compliance Officer Lara Warner and investment banking head Brian Chin were stepping down following the losses.

Philippine President Rodrigo Duterte is committed to peacefully resolving a diplomatic row with China over the disputed South China Sea, his spokesman said on Tuesday, in a measured response after days of strong rebukes by his ministers and generals.

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