Asia Spurs Crypto Rally👍
In crypto, an interesting chart from Bloomberg showed that the recent rally has been driven more from Asia (Korea), with the US still struggling to regain its crypto narrative. Will Asia continue to drive crypto development in the year ahead, or will the picture reverse once the spot ETFs have been approved? Stay tuned... #Cryptocurrency #BloombergChart #USNarrative #SpotETFs #MarketDevelopment #FutureTrends

📈🚀 David Duong, Coinbase's Head of Institutional Research, has highlighted a significant development: open interest in the CME ETH futures contract surged by approximately 11% from August 17 to 23. This surge, amounting to a nominal value of $3.48 billion, is attributed to the anticipation of an Ethereum futures ETF approval. Exciting times ahead for Ethereum enthusiasts and the broader crypto market! 🌐🔗 #ETH #FuturesETF #MarketDevelopment #CryptoNews