{"id":689,"date":"2024-04-16T02:27:14","date_gmt":"2024-04-16T02:27:14","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/korean-cryptocurrency-markets-reach-highest-trade-volume-in-2-years\/"},"modified":"2024-04-16T02:27:14","modified_gmt":"2024-04-16T02:27:14","slug":"korean-cryptocurrency-markets-reach-highest-trade-volume-in-2-years","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/korean-cryptocurrency-markets-reach-highest-trade-volume-in-2-years\/","title":{"rendered":"Korean cryptocurrency markets reach highest trade volume in 2 years."},"content":{"rendered":"<p>Trade volume in Korean crypto markets recently reached its highest level in over two years during early March. This surge was attributed to a more favorable macroeconomic environment and increased competition among local exchanges, as per data from blockchain analytics firm Kaiko. Despite the success of the zero-fee strategy in boosting trade volume, Bithumb experienced a significant revenue decline of 60% in 2023, leading to the discontinuation of the initiative just five months after its launch. Kaiko reported a slight decrease in KRW volumes in early April, but noted that market sentiment across the Asia-Pacific region could improve following the approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong.<\/p>\n<p>The Hong Kong Stock Exchange is expected to take approximately two weeks to finalize preparations for product listing and related matters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade volume in Korean crypto markets recently reached its highest level in over two years during early March. This surge was attributed to a more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-trading"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=689"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/688"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}