PointPay Weekly Update (26 February - 1 March)

Nikita Mazikov -

Dear PointPay family,

It's Friday, and it's time to wrap up the week! Listings, events, announcements, and much more - let's gather everything in one place.

PointPay News

This week at PointPay introduced several new assets to users' portfolios. Among the new cryptocurrencies are DODO and ORN! These tokens are now available on the PointPay platform for buying/selling, managing, storing, and transferring, as well as on the PointPay exchange for trading against USDT! Explore these assets on your own!

Thursday featured a significant AMA session with PointPay CEO Vladimir Kardapoltsev. We learned a lot about how the Token Swap will take place, got answers to interesting and unexpected questions, and revisited all PointPay events for the month. Besides what was discussed, there was much more to discover. Check out the full recording of the AMA session if you couldn't join us yesterday!

Friday marked the expansion of the stablecoin range on PointPay! Today, on March 1st, PointPay listed USDC and EURC with Stellar blockchain support. These new assets will undoubtedly help PointPay users work more comfortably with their savings, transfer and store funds tied to the dollar or euro. Also, new trading pairs have been added to the exchange, allowing you to exchange one stablecoin for another - check it out!

Don't forget about the ongoing trading competitions in honor of Bitcoin Halving. The number of participants is growing, increasing the interest and desire to claim victory and a share of the $100,000 prize pool! Join, trade assets on the exchange paired with USDT (like Bitcoin!), and accumulate trading volume - your key to victory! Best of luck!

Cryptosphere News

Over the past seven days, the cryptosphere has experienced a significant surge. Bitcoin's rise exceeded 20%, allowing the asset to surpass $60,000 within a few days, approaching its all-time high of $63,913, falling short by only $200.

The main drivers of this growth include an increased flow of investments from BTC ETF, which is strengthening due to Bitcoin's consistent rise. The upcoming Halving, just 50 days away, also helps maintain a positive trend.

Following Bitcoin, other top-100 cryptocurrencies also demonstrate a positive trend. For example, ETH showed a 15% growth, reaching a price of $3,500 during the same period.

Predicting further developments is challenging - we might experience a prolonged rise in Bitcoin and other cryptocurrencies until Halving, or the market could undergo a correction. In any case, be cautious and make decisions based on reason rather than emotions! We'll continue to monitor the unfolding events.

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

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💰 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!