Bithumb Boosts PLUME, COW in Korea; Bitcoin Bulls Unfazed by Volatility

Bithumb, one of the largest cryptocurrency exchanges in South Korea, has announced that it will list KRW trading pairs for PLUME and COW. This move is expected to increase liquidity and accessibility for these two cryptocurrencies in the Korean market.

The listing of KRW trading pairs for PLUME and COW comes at a time when the cryptocurrency market is experiencing significant volatility. Arthur Hayes, the co-founder of BitMEX, recently stated that Bitcoin could drop to $70,000 in the worst-case scenario, but he still believes that the bull market cycle is ongoing. This sentiment is shared by many in the industry, who remain optimistic about the long-term prospects of cryptocurrencies.

CZ, the CEO of Binance, has been actively engaging with the cryptocurrency community on Twitter. He has been responding to "callouts" and prioritizing community engagement, which has been well-received by many in the industry. This approach has helped to build trust and strengthen the relationship between Binance and its users.

The political landscape is also having an impact on the cryptocurrency market. Some have suggested that political manifestos could be used as a means of advertising cryptocurrencies, potentially leading to increased adoption and awareness. However, it remains to be seen whether this strategy will be effective in the long term.

The listing of KRW trading pairs for PLUME and COW on Bithumb is a significant development for these two cryptocurrencies. It is expected to increase their visibility and accessibility in the Korean market, potentially leading to increased adoption and investment. As the cryptocurrency market continues to evolve, it will be interesting to see how these developments impact the wider industry.