Tokenized real-world assets (RWA) on public blockchains now total $34.14 
billion, up 10.58% in the past 30 days, according to rwa.xyz, putting the 
sector within sight of the $35 billion mark. BUIDL, XAUT, PAXG Headline Top 
RWA Assets as Onchain Value Advances RWA tokenization issues blockchain tokens 
that represent claims on off-chain instruments—U.S. Treasuries, commodities 
[…]

RWA Market Nears $35B After 10.58% Monthly Gain, Holders Top 489K

Avalanche price has moved into a bear market after plunging by 45% from its 
highest point in September. This retreat may continue ahead of a big token 
unlock.

Avalanche price at risk ahead of a $35m AVAX unlock

Decentralized market-neutral vaults can democratize yield and give everyday 
investors stable, dollar-like returns without relying on token rewards

Reimagining market-neutral vaults without prime brokers | Opinion

The price of Ethereum appears to be recovering nicely over the weekend after a 
period of investor uncertainty. The “king of altcoins”, following what looked 
like an aggressive return above the $4,200 level earlier this week, is now 
lagging under the psychological $4,000 mark. While the Ethereum price has been 
building some positive momentum over the past day, the shadows of the October 
10 downturn still seem to be weighing on investor sentiment. A market 
phenomenon known as the “Kimchi Premium” suggests a few tedious weeks ahead 
for the second-largest cryptocurrency. What Happened Last Time Kimchi Premium 
Saw A Similar Surge In a recent post on the social media platform X, market 
analyst CryptoOnchain revealed that the Kimchi Premium has been on the rise 
over the past weeks. This observation is based on the movement of the on-chain 
indicator Korea Premium Index, which measures the price difference between 
South Korean exchanges and other global exchanges. Related Reading: More Pain 
Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play This 
metric, or the “Kimchi Premium,” shows how much extra Korean traders are 
willing to pay for a particular cryptocurrency (Ethereum, in this case). When 
the index is positive, it means that Korean retailers are willing to pay a 
premium for the crypto assets. Meanwhile, a negative Korean Premium Index 
signals that the retailers are only willing to buy the cryptocurrency at a 
discount. According to CryptoOnchain, the Korea Premium Index for Ethereum 
recently saw a notable surge to around 8.2%, its second-highest level this 
year. The market analyst noted that this level of Kimchi Premium is a 
troubling sign, as it historically suggests extreme retail FOMO (Fear of 
Missing Out) and a potential price top. Typically, whales tend to take 
advantage of the price gap by selling on Korean exchanges when the Korea 
Premium Index is on the rise. Due to increased selling pressure, the Ethereum 
price now faces a greater risk of correction. For instance, the last time ETH 
saw a Kimchi Premium this high was in January, coinciding with the price fall 
to around $1,500. With this in mind, investors might want to tread with 
caution, as the odds of a sustained downward trend are significantly higher. 
Ethereum Price At A Glance As of this writing, the price of ETH stands at 
around $3,875, reflecting no significant change in the past 24 hours. In what 
was expected to be a bullish period for the cryptocurrency market, “Uptober” 
has not particularly lived up to the expectations of investors. After a 
positive start to the month, the Ethereum price is currently down by almost 
10%. Related Reading: Analyst Predicts XRP Price Will Hit $1,200 With 50,000% 
Run Driven By These Factors Featured image from DelishGlobe, chart from 
TradingView

Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off?

The crypto market had a mixed performance last week as Bitcoin retreated. 
Bittensor, Ethena, Morpho, and Conflux bucked the trend.

Cryptocurrency price in PHP