PointPay Weekly Update (27 November — 1 December 2023)

PointPay
3 min readDec 1, 2023

Dear PointPay family,

Another week has flown by unnoticed, and here we are, embracing Friday, December 1st. As always, we are summarizing the past week, gathering all the most important news and events at PointPay in one place!

PointPay News

There have been quite a lot of developments on the platform this time around! Let’s start with the new USDT trading competition, which is tied to Cyber Monday. The holidays are not over yet, and you have the chance to win substantial cash prizes: $10,000 for first place, $7,000 for the second, and $5,000 for the third! The great news is that the competition will run until next Monday, December 4th, giving you the opportunity to participate and win! Join in!

This week also saw a flurry of new listings. On Monday, the PointPay platform expanded with two new assets: Pepe (PEPE) and BakeryToken (BAKE). But that’s not all! Just a day later, the platform welcomed an impressive five new assets: Woo Network (WOO), Blur (BLUR), Loopring (LRC), Coin98 (C98), SuperVerse (SUPER)! The variety of cryptocurrencies on the platform has grown exponentially, allowing users to choose assets according to their preferences and diversify their holdings and investments.

Moreover, along with the new assets, PointPay Exchange achieved an important milestone! Currently, our exchange offers exactly 100 different trading pairs. This not only provides users with an impressive variety of assets for trading and exchanging but also aligns with the standards of Tier-1 exchanges, among which PointPay will soon be ranked!

Continuing our string of news is the traditional AMA session. As always, on the last Thursday of the month, we held an AMA session with PointPay CEO, Vladimir Kardapoltsev! There was a lot of interesting information shared, including news, discussions, and answers to your questions. But the highlight was the announcement! Very soon, PXP token will undergo significant global changes! The new version, PXP v3, will be available to users across multiple blockchains! Intrigued? Then watch the full version of the AMA session on our YouTube channel.

Cryptocurrency News

The cryptocurrency sphere was particularly abuzz this week with news of yet another delayed decision by the SEC regarding the launch of Bitcoin spot ETFs. However, it’s not as simple as it seems! This time, the SEC not only delayed decisions on two proposals but also started gathering public opinions on Bitcoin ETFs. In other words, the commission took a serious step toward approving applications for ETF creation! If everything goes according to the optimistic scenario, by January 10th, the SEC might start approving applications or even approve a substantial portion of them at once!

However, SEC Chairman Gary Gensler declined to comment on the ETF situation in any way. According to him, he is concerned about the cryptocurrency situation and the potential risks associated with making any decisions related to it.

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 Bank: https://pointpay.io/staking

💡 Check PointPay Live-Roadmap (PointPay development in real-time): https://pointpay.io/live-roadmap/

🏦 Remember, we are PointPay, and we are beyond banking!

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PointPay

Cryptocurrency Ecosystem: pointpay.io Crypto Bank, Exchange, Wallet, Payment System. Buy Bitcoin → https://payments.pointpay.io/ Earn up to 7% yearly with PXP.