People mostly remember how bitcoin hit its top on 2017 the exact day the CME $BTC futures launched, and proceeded to crash right after. They forget that the CME launch drove price from 6K to 20K, +225% in 2.5 months. The launch of CME $ETH futures is extremely bullish.
📌 The CME is launching $ETH futures on February 8. — link
📌 The CME is launching $ETH futures on February 8. — link
"We all know the current financial system is antiquated. We're significantly investing in our new crypto, blockchain, and digital currencies business unit in order to help shape this more inclusive future" — PayPal CEO
The biggest difference between 2021 and 2017 is that crypto now consists of productive assets.
The world is beginning to catch on now.
They're comparing the size of these assets w the size of noncrypto, and the corresponding levels of productivity.
That's why they're buying. — Shu Zu
The world is beginning to catch on now.
They're comparing the size of these assets w the size of noncrypto, and the corresponding levels of productivity.
That's why they're buying. — Shu Zu