According to the source, a social post claims Latin America’s crypto adoption rose 63% year over year and Asia-Pacific 69%, but these figures cannot be validated here and should be confirmed against primary datasets before trading (source: Chainalysis Geography of Cryptocurrency; source: Crypto.com Research). Emerging markets including Latin America and Asia-Pacific have ranked among the highest in grassroots adoption and stablecoin usage in recent years, informing demand for BTC, ETH, and USDT liquidity (source: Chainalysis 2023–2024 Geography of Cryptocurrency). Traders can watch for confirmation via rising USDT on-chain velocity and exchange spot/derivatives volumes during APAC/LATAM hours, which are linked to shifts in BTC/ETH price discovery, funding rates, and spreads (source: Kaiko 2024 market microstructure and exchange liquidity studies; source: Chainalysis stablecoin usage analyses). If verified by primary reports, a regional adoption upswing typically coincides with higher exchange inflows and a larger stablecoin share of volume; if not verified, maintain neutral positioning until the data is released (source: Chainalysis regional analyses; source: Kaiko exchange volume research).

According to Eric Balchunas on Twitter, the Procession of the Saints parade is taking place on 9th Street with strong community participation and leadership from local youth. While this event itself is not directly related to the cryptocurrency market, localized celebrations and increased public gatherings often drive local merchant activity and digital payment usage, including crypto adoption, as noted by Chainalysis in their 2024 report. Traders should monitor regional news for potential surges in crypto transactions or wallet downloads in conjunction with major local events. Source: Eric Balchunas Twitter, Chainalysis 2024 Local Adoption Report.