PointPay Weekly Update (20-24 May)

Dear PointPay Family,

Happy Friday! It’s time for our regular Weekly Update. Stay informed about the latest news and events happening this week.

PointPay News

On Monday, we introduced a significant update to our staking offerings. This update includes new assets and revisions to some familiar ones. You can now stake FLOW, FIL, and BNB. For detailed information on the changes to other assets, check out the dedicated article linked here!

We’ve made numerous updates and improvements to our website, and now we want to hear from you! We’ve prepared a special Google form where you can freely share your thoughts, feedback, and suggestions for further development. If you’ve been wanting to suggest a change, now is the perfect time to do so!

On Wednesday, May 22, the crypto community celebrated a special day – Pizza Day! This themed holiday dates back to the early days of Bitcoin, when 10,000 BTC could buy just two pizzas. Today, at a Bitcoin price of $70,000 and an average pizza cost of $33, you could get over 2,000 pizzas for just 1 BTC. That’s a lot of pizza, even for a decade!

As part of this themed celebration, we hosted a special quiz where users completed tasks for a chance to win a share of a $200 prize pool. The results will be announced very soon, so stay tuned! You still have a chance to participate until the end of May 24th!

Wrapping up this Weekly Update is an exciting announcement: our upcoming AMA session! On May 30th, join us for a live session with the PointPay CEO. Tune in on our YouTube channel and submit your questions beforehand. The CEO will personally answer them live!

Crypto News

This week has been positive for cryptocurrency holders! Bitcoin rose by 5% on Tuesday, stabilizing at the $69,000-$70,000 range. Other cryptocurrencies followed suit.

Ethereum also performed well, currently priced at $3,800. This increase is not only due to Bitcoin’s rise but also ongoing discussions about the potential approval of an Ethereum ETF in the U.S. While details are scarce, these rumors could become a reality, further boosting the value of digital silver.

Thanks again for taking the time to read this update. We look forward to seeing you next week!

Happy trading!


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