The Crypto Mystery: Direct or Inverse Relationship?

[Hodor7777]

Blog Location:    https://coil.com/p/Hodor/The-Crypto-Mystery-Direct-or-Inverse-Relationship-/-bJ9H7mq1

How does the cryptomarket react to the world's economy?  Learn the answer in today's blog, along with all of the important news impacting XRP:

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple publishes a fact sheet about xRapid; the OECD publishes video content from its recent conference and I cover the panel discussions with Breanne Madigan, Liz Chien, and Marjan Delatinne;

𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Coil announces the Grant for the Web, a $100 million dollar fund designated for content creators; and I provide my latest Coil author recommendations. 

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Wietse Wind provides an update on Xumm; A new account splitter is in the works, this one for community-supported sites and applications; XRP Forensics continues to track suspected scammers targeting XRP owners; @SincerelyGeorge organizes the XRP Community Choice Awards, scheduled for mid-November; The LINE Application, which has almost a billion users, integrates Bitmax, which lists XRP; @_JonnyLawrence publishes a new GIF for XRP fans; and XRP The Standard Productions publishes a new video about the basics of the XRP Tip Bot;

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter:    https://twitter.com/Hodor/status/1174800931361349632?s=20 

[jossiel]

Didn't read the article but..

How does the cryptomarket react to the world's economy? 

I'm convinced that there's direct relationship of world's economy to cryptocurrency these days. Last year, the whole crypto market was in bear market and so the stocks market too. And right now, with the reported news about printing $75B out of thin air then suddenly the whole crypto market went a bit for awhile.

I might be wrong on that speculation because there's also the Bakkt launching which can also be a factor.

[Hodor7777]

Didn't read the article but..

How does the cryptomarket react to the world's economy? 

I'm convinced that there's direct relationship of world's economy to cryptocurrency these days. Last year, the whole crypto market was in bear market and so the stocks market too. And right now, with the reported news about printing $75B out of thin air then suddenly the whole crypto market went a bit for awhile.

I might be wrong on that speculation because there's also the Bakkt launching which can also be a factor.

Well, I hope you'll actually read it at some point; we are more in agreement than not: Bakkt will be positive for the entire market, IMO. 

[jossiel]

Well, I hope you'll actually read it at some point; we are more in agreement than not: Bakkt will be positive for the entire market, IMO.  

I might read it later or at any time that I'm free to do so.

I'm positive about Bakkt and the sudden fluctuation that we've seen lately might be due to it so that the new players can have a nice entry.

As said by : Tom Lee: Bakkt to ‘Improve Trust With Institutions to Crypto’ in 3 Day.