26 tháng 6, 2021

✨ Digitex Weekly Update

 

Hey Digitexers, 

 

We hope you've had a great week. We know the last few days in crypto have been characterized by more regulatory fears, but we've been keeping busy building out our ecosystem. From Bitcoin's drop to plans for Blockster, read on to find out what we've been up to recently.

 

Fears in the market

China's crackdown on crypto continued this week, briefly pushing Bitcoin below $30,000 on Tuesday. After banning mining in key hubs Inner Mongolia, Xinjiang and Sichuan, the country's central bank called for a ban on crypto trading earlier this week.

 

China's tough stance against Bitcoin has undoubtedly had a negative impact on the short-term price of the asset, but it also suggests that the market may be overreacting to news events. Many miners have begun relocating to areas like Texas and Kazakhstan as a result of the mining ban.

 

Once crypto completely moves away from China, it could be positive for the health and price of Bitcoin. Nonetheless, the market is currently in so-called "crab mode," with BTC and ETH moving sideways over the last few weeks.

 

Many DeFi tokens have suffered since May's market crash, with several Ethereum-based apps trading up to 70% in the red. Although conditions suggest a bear, we believe that the wave of negative news is having an outsized impact on the market. Learn more about the China situation in our latest blog post. 

 

 

A queue of 175,000 people

Our wider ecosystem is expanding beyond just Blockster, Blockfarm, and Blockfunder. We're also busy developing a Blockster mobile app, so you can check in with other crypto natives on the go. It launches later this year - look out for more info dropping soon.
Plans for launching Blockster are well under way, and we're pleased that our community is looking forward to trying out the platform. Over 175,000 people have joined our Blockster waitlist, so we have high hopes for the network's future as the number one crypto social hub.
 
Blockster will heavily focus on content, and unlike traditional social platforms, crypto businesses will be able to advertise their services. Any advertisers will have to pay with Blockster's native token, BXR. While 5% of the revenue will be burned, reducing the overall supply, a massive 20% will go to BXR stakers. 
 
That's why we're bullish on the future of the token, and we think now could be a great time to invest in the future. Head to our IEO platform Blockfunder to participate in the token sale, the third phase is open now with tokens priced at $1.50. 

 

Thanks,

T he Digitex Team

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22 tháng 6, 2021

💫 Over 125,000 people joined Blockster waitlist

 

Hey Digitexers, 

 

BXR is the token that will power our new crypto social network, Blockster. We've already seen unprecedented demand to use the platform, with over 125,000 people subscribed to the waitlist. And now phase three of the BXR sale has begun, with tokens priced at $1.50.

 

 

The token is available on our IEO platform, Blockfunder. Click here to learn more and invest in the future today. 

 

After phase three is complete, the token will be available at a higher price from July 12 at $2.25. As ever, you can reach out to us if you have any questions.

 

Our ecosystem is growing, and we're looking forward to showing you what's to come. 

 

Best regards,

T he Digitex Team

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18 tháng 6, 2021

💫 Weekly Update from Digitex

 

Hey Digitexers, 

 

We hope you've had a great week. Although the market has been moving sideways, lots of promising developments have been happening across the entire space. We've been pretty busy ourselves, with anticipation building for Blockster's launch and the launch of our Blockfunder platform. We've covered all of the key talking points here - read on to learn more.

Last chance for BTC farming

Our Blockfarm staking rewards are soon coming to an end. Lots of you have benefited from farming BTC and ETH rewards on our yield farming platform, with our BTC pool still running at a generous 45% APY.

 

The rewards close in two days, so make sure you head over to Blockfarm to take advantage of the offer before the weekend is out. The next Blockfarm pool will be filled with BXR. Stay tuned to don't miss it.

30,000 DGTX Giveaway

For our latest competition, we're giving 30,000 DGTX away to three lucky community members. To enter, all you have to do is head to our Twitter thread, screenshot your PnL and tag three mates.
 
The prize will go to the three top PnLs, and we'll be monitoring every entry closely. Be fast if you want in - the competition closes next Friday.
 
 
Going Mobile
Our wider ecosystem is expanding beyond just Blockster, Blockfarm, and Blockfunder. We're also busy developing a Blockster mobile app, so you can check in with other crypto natives on the go. It launches later this year - look out for more info dropping soon.

The Marco Trends

As we mentioned, the market has been a little less turbulent than previous months throughout June. However, there have been several notable macro events we've been watching closely.

 

The Federal Reserve announced that it would not change interest rates until 2023, reigniting fears of inflation. Michael Saylor's MicroStrategy revealed its plans to raise $1 billion through a stock offering, hours after closing a $500 million offering.

 

It will use the funds to buy Bitcoin. Meanwhile Goldman Sachs has begun trading ETH futures, signaling growing institutional interest in Ethereum's native asset. We still have strong belief in both BTC and ETH, and as ever you can trade both with zero fees on our spot and futures markets at any time. 


That's all from us for this week, but we'll be back in touch again very soon.

 

Best regards,

T he Digitex Team

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