New report. And a new blog.

Cindicator
Cindicator
Published in
1 min readDec 7, 2018

Cindicator’s internal team of professional financial analysts has just released a new in-depth report covering the cryptocurrency market in South Korea.

Here are the key conclusions from the team:

  • Comparing to global prices, Bitcoin price in South Korean Won was on average 5.5% higher, while showing a median premium of 2.6% (from 20 Nov 2017 to 20 Nov 2018);
  • South Korean crypto assets tend to be more volatile than the Top 10 index, demonstrating sharper selloffs during bearish periods and outperforming during bullish market;
  • Legislative developments have recently seen some progress in supporting the legitimacy of cryptocurrency. Meanwhile, governmental measures remain necessary as tools to protect investors from fraudulent activities and pyramid schemes related to the asset class.

You can download the full 35-page report from our new content hub, the Hybrid Intelligence Blog — that’s where we’ll be publishing all our news, views, and insights.

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