PointPay Weekly Update (12 - 16 February)
Dear PointPay family,
As another workweek draws to a close, it's time to reflect on the highlights! As always, we've gathered all the news and events from PointPay and the crypto sphere in one place, keeping you in the loop!
PointPay News
This week was particularly eventful at PointPay. We kicked off three different trading competitions to celebrate special occasions:
🏈 Super Bowl Trading Competitions: Launched on February 10 and concluded on the 12th, these competitions marked a thrilling weekend for both football and trading enthusiasts. The top 5 traders by trading volume claimed their share of the $25,000 prize pool!
💝 Valentine’s Day Trading Competition: In honor of Valentine's Day, a 24-hour trading competition took place, culminating in a $14,000 prize for the winner on February 15. A swift competition for the fastest and most attentive traders. Stay in the know about such activities by downloading our app and enabling notifications!
🐲 Lunar New Year Trading Competition: Currently underway until February 19th, giving you the whole weekend to compete for one of the 5 prize spots with a $25,000 fund. Trade with USDT pairs and start the Year of the Dragon with victory!
Moreover, PointPay's exchange continues to expand its asset and trading pair offerings. On Monday, a new trading pair debuted: DOT/USDC! It's already available for trading — give it a try.
On February 13, PointPay welcomed a new asset: Stargate Finance (STG). To acquaint you with this new asset, we've prepared a dedicated article available on our blog — learn about the project, its goals, opportunities, and the role of the STG token. STG is now available on PointPay for purchase, storage, transfers, and trading with USDT. Start trading now!
Crypto Sphere News
This week, we're witnessing the growth of Bitcoin and ETH! Both assets have set new local highs and are aiming for new peaks. In the last 7 days, Bitcoin surged from $48,000 to $52,000 (8.33%). In the last month, Bitcoin demonstrated a 22.36% increase (from $42,900).
Similar trends can be observed with Ethereum. Following BTC's lead, ETH continues its active growth, aiming for $3,000. In the last week alone, ETH reached $2,800 (15%).
The main driver behind BTC's current growth is the stable and strong influx of investments from ETFs. This consistent influx propels the price higher, approaching record levels.
Thanks again for taking the time to read this update. We look forward to seeing you next week!
Happy trading!
🔥 Buy PXP tokens on Bitrue: https://bit.ly/3JEreHu
🔥 Buy PXP tokens on WhiteBIT: https://bit.ly/3qJrjRH
💰 Earn up to 7% yearly with PXP staking program in PointPay CryptoBank
💡 Check PointPay Live-Roadmap (PointPay development in real-time)
🏦 Remember, we are PointPay, and we are beyond banking!