BTC LOSES KIMCHI PREMIUM LOSS BY 6%; WILL NOT IMPACT BTC GLOBALLY

Highlights:

•        South Korean exchange Upbit suspended withdrawals leading to the drop in the Kimchi Premium

•        Whales have reportedly been dropping coins in the South Korean exchanges

KOREA’S BULLION MARKET SURGES PAST ALL EXPECTATIONS

• The daily turnover of South Korea's bullion market hit a peak in July amidst a boost in trade in the precious metal, the local exchange said Wednesday.
• The market's daily turnover averaged 13.1 billion won ($11.1 million) in July, more than twice the amount of 5.2 billi...