Crypto & Blockchain Weekly Market Update

Phoenix Paradigm Indicator

> Weekly Stats — Phoenix Paradigm Indicator
> Weekly Highlight — ICONOMI 
> Weekend Read — Ethereum by the Numbers

PPI Weekly Stats

Another week, another low for the crypto markets. After ranging for a week, prices once again went on the decline. Market sentiment is very bearish at the moment and it is yet to be seen when the buyers are going to show up.

This week the PPI reached a new low of 0.129$.

Check the live stats here: Dashboard

Weekly Highlight — ICONOMI

ICONOMI came out this week with great news for crypto investors from Austria, Belgium, Germany, Malta, Slovenia, and Spain allowing them to deposit euro’s to the platform from as little as 10 euro. In the coming months they plan to add more countries to this list. Users can now choose to buy into managed DAA’s or buy crypto assets directly with zero fees. This is a great and long awaited step for ICONOMI.

Also, ICONOMI did a complete overhaul of their website and user interface. Making it even easier to get some skin in the game for those who wish to invest but not make it a full time job to manage those investments.

To read the blog post by ICONOMI.

Weekend Read — Ethereum by the Numbers

With markets down 80–90% Consensys took it upon themselfs to give a different perspective to Ethereum other then just price. And the numbers do not lie. The article gives great insight in transaction activity, users and developers, general adoption and investments in the space.

Without fail, the Ethereum blockchain remains the most robust smart contract platform in existence. Of the top 100 tokens by market cap, 96% are built off Ethereum. Of the top 1000 tokens, 89% are built off Ethereum [source].

To read the full article.

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Getting started!
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We hope to have informed you to your satisfaction. If there remain any questions, feel free to contact us.

Best regards and happy paradigm shifting,

Phoenix Decentralized Solutions


Disclaimer: The content and information published in this update do not constitute a financial, investment, tax, legal or any other professional advice, nor shall they be deemed as a recommendation to buy or to trade with any or all of the aforementioned product units or other services. The information published in this update shall not be interpreted as an offer to issue or sell, or any invitation to an offer to buy or to trade with any financial instruments, but is intended solely to provide investors with information. Retail clients should seek assistance of an independent financial or tax advisor prior to making any investment decision.

Is the PPI a product of Phoenix Decentralized Solutions?
No, the Phoenix Paradigm Indicator is a product on the platform. If you decide you want to join the PPI, you sign-up with ICONOMI and agree to the terms&conditions of ICONOMIWe do not have any access to your personal details. Our role is to explain what the PPI is and we can help you set up your ICONOMI account by providing tutorials, personal support and guidance. If you have any questions about your participation, please contact ICONOMI.