Crypto & Blockchain Weekly Market Update Sept.14


Crypto & Blockchain Weekly Market Update

Phoenix Paradigm Indicator

In this weekly

> Weekly StatsPhoenix Paradigm Indicator
> Weekly Highlight — DigixDAO Community Votes
> Weekend Watch —Is The Bear Market Over?


PPI Weekly Stats

This week we witnessed another major sell off in most crypto assets, which was followed by a strong bounce on Wednesday. The bounce coincided with a technical analysis strong point. Word on the street is the bottom is in, major players like Mike Novogratz have called it as have many others. It is has yet to be seen what the future holds in store.

The week marked a all time low for the PPI, which saw a drawdown of -9.51%.

Click here to visit the DAA Stats page: DAA STATS
Visit the PPI dashboard

Weekly Highlight — DigixDAO Community Votes

The DigixDAO(DGD) token holders have voted on 2 proposals the last few weeks. We love the concept of decentralized organizations, so it is amazing to see it come to life with 2 successful votes. Both saw a turnout of 34% of all tokens represented, which was well above the set minimum of 25%.

Carbon vote 1 was a open question on staking requirements and rewards.
Carbon vote 2 was a yes or no question to release ICO funds for the developers to to further develop the governance platform.

To read more: click here. 


Weekend Watch — Is The Bear Market Over?

We present you the following string of interviews did by Ran Neu-Ner of CNBC Crypto Trader. His question: if we have seen the worst of this bear market. He talks to some big names in the ecosystem and asks for their opinion on the current situation, with some great analysis as answers.

Enjoy!

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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

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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 ICONOMI.net platform. If you decide you want to join the PPI, you sign-up with ICONOMI and agree to the terms&conditions of ICONOMI. We 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.

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