Is it time to buy #BCH and #Uniswap ? Following the news of the listing on the CME Group, price and volume were impacted (by about 10% and 5%, respectively).
Giovanni Vicioso, global head of cryptocurrency products at the CME Group and the leader of the digital asset derivatives strategy and expansion, explained that these additions are in response to institutional demand.
So, beyond the one-day reaction to a headline, what should we be watching for? While the listing boosts credibility, it does not guarantee a price catalyst. The key metric to watch after October 19 will be open interest.
Track the price, observe, and monitor:
$BCH
$UNI
#UniswapFoundation
Giovanni Vicioso, global head of cryptocurrency products at the CME Group and the leader of the digital asset derivatives strategy and expansion, explained that these additions are in response to institutional demand.
So, beyond the one-day reaction to a headline, what should we be watching for? While the listing boosts credibility, it does not guarantee a price catalyst. The key metric to watch after October 19 will be open interest.
Track the price, observe, and monitor:
$BCH
$UNI
#UniswapFoundation