The Scoop: Mixed sentiments and the evolving crypto market

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Macro News

Markets,Opinion

The crypto market has felt strange recently — not quite bullish, yet not quite bearish. Is conference fatigue to blame?

This column was co-written by Frank Chaparro, director of special projects at The Block, and Laura Vidiella of MNNC Group.

Still, sentiment feels bearish. Even on Twitter, following ETHCC, people don’t seem very convinced that coins will perform well in the short to medium term. You might like or dislike a city, but it shouldn’t deter you from attending a conference where the main purpose is to learn or do business. Even though Brussels might not be the best city we’ve visited, it fulfilled its purpose: discussing world-changing tech that can create generational wealth and potentially generational-changing technology. While the location is important from a travel perspective , it shouldn’t be the primary factor in deciding whether to attend a conference.

While Frank was in Italy and Laura didn’t attend the main event, she participated in many side events and summits, and most people shared this sentiment. There were bright spots, however. The RWA Summit, in particular, stood out for its excellent organization and its focus on collaboration among builders with a shared mission. These builders are creating products with both crypto and non-crypto partners, many of which are already revenue-generating companies.

 

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