Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Ethereum Disappoints Again After Another $3500 Rejection; Here’s Where ETH Whales Are Making Their Gains Instead

Source Cryptopolitan

Ethereum (ETH) holders were on the edge of their seats as the asset looked like it might settle on $3,500 yesterday, though they have been disappointed yet again as Ethereum falls short of this achievement, fading away with a 3.64% loss. Meanwhile, Remittix (RTX) edges closer to $3.5 million raised during its presale, with a unique value proposition and a growing reputation in the PayFi space.

Designed to revolutionize the $190 trillion cross-border payments industry, Remittix is gaining attention from investors worldwide. So how low could Ethereum drop now, and how will Remittix perform in the next quarter?

Ethereum Posts 11% Loss in Last 30 Days

Ethereum (ETH) has almost been teasing its holders as it looked like it might surpass $3,500, a significant psychological threshold, before hurtling downwards. Ethereum (ETH) started trending upwards on the 13th January and though it briefly peaked at $3,507on the 17th, Ethereum (ETH) immediately began to drop, and now finds itself 3.71% down overnight.

Ethereum continues to focus resolutely on developing an environmentally friendly blockchain, though it’s possible this focus has taken away from Ethereum fleshing out other parts of its ecosystem. Where Ethereum is likely to end up in 2025 remains to be seen, but its trajectory is now a downward one.

A New Era for Cross-Border Transactions

At the heart of Remittix’s success is its innovative approach to crypto-to-fiat transactions. The platform allows users to convert over 40 cryptocurrencies into fiat and send funds to bank accounts anywhere in the world. By eliminating the lengthy processing times, hidden fees, and accessibility barriers of traditional systems, Remittix offers practical solutions for individuals and businesses alike.

Simplifying Crypto Adoption for Businesses

Remittix also empowers businesses to leverage cryptocurrency without grappling with its complexities. Through the Remittix Pay API, companies can accept crypto payments and settle transactions seamlessly in fiat currencies. Freelancers, merchants, and enterprises alike benefit from this functionality, gaining a straightforward way to expand their payment options while managing funds effectively across markets.

Privacy and Security at the Core

Privacy and security are integral to the Remittix platform. Transactions processed via Remittix arrive as standard bank transfers, ensuring recipients have no indication that cryptocurrency was involved. This feature offers discretion and positions the platform as a secure choice for users adopting blockchain technology.

Advancing Financial Inclusion

Remittix also aims to promote global financial inclusion. Critically, this 24/7 platform is accessible to underserved populations without traditional banking infrastructure. Part of Remittix’s mission is to open up access to global commerce for individuals living in these areas of the world, facilitating smooth global trade while reducing financial inequality.

Remittix Surpasses $3.5 Million in Presale

With the Remittix presale underway, RTX tokens are selling fast. These powerful tokens have several functions within the ecosystem but also give investors a share in Remittix’s future. Now available for $0.0217 in the presale, RTX tokens have already attracted significant interest, with over $3.5 million raised. The project’s value proposition within a high-value sector has prompted analysts to forecast a steep 800% price surge by the presale’s conclusion and further exponential growth post-launch.

Remittix is poised to disrupt the PayFi sector in 2025, offering a forward-thinking solution for an industry rife with inefficiencies. For investors seeking a project with real-world applications and massive growth potential, Remittix (RTX) stands out as a top opportunity.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Author Mitrade

Nov 11, Wed

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Bitcoin lost its 200-day average — but the exit started three sessions before the CPI Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Author Suzie

Nov 11, Wed

Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Nvidia slid 7.7% after hours while AMD and Broadcom rose — the AI trade changed hands, it didn't break Nvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.

Author Irene Q.

Nov 12, Thu

Nvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.

Gold hit a one-year low while central banks bought 321 tonnes — the sellers were never the ones you think Spot gold closed at 3,876 on Thursday, down 2.8% and its lowest close in more than a year, with an intraday low near 3,852. The dollar is at a 19-month high of 103.21 and the 10-year yield is at 5.10%, so the price move is easy to explain. What is harder to explain is who sold: central banks bought 321 tonnes in Q3, the PBoC added for a 24th straight month, ETF holdings are near a record 4,256 tonnes, and roughly 95% of the futures selling came from non-reportable and sovereign-type accounts rather than hedge funds. This piece separates the two books that have to balance.

Author Irene Q.

Nov 13, Fri

Spot gold closed at 3,876 on Thursday, down 2.8% and its lowest close in more than a year, with an intraday low near 3,852. The dollar is at a 19-month high of 103.21 and the 10-year yield is at 5.10%, so the price move is easy to explain. What is harder to explain is who sold: central banks bought 321 tonnes in Q3, the PBoC added for a 24th straight month, ETF holdings are near a record 4,256 tonnes, and roughly 95% of the futures selling came from non-reportable and sovereign-type accounts rather than hedge funds. This piece separates the two books that have to balance.

Brent rose 3.3% and US crude stocks built 4.66 million barrels in the same week Brent January settled at 95.82, up 3.3%, and WTI at 88.74, up 2.55%, after the US signalled it would not pursue a deal with Iran and attacks on Gulf shipping continued. In the same week, EIA data showed US crude inventories rising 4.657 million barrels against expectations of a 1.1 million draw, with gasoline up another 1.799 million. OPEC output also rebounded 1.96 million barrels a day to 27.16 million in October, led by Saudi Arabia at 10.56 million. This piece separates the geopolitical premium from the physical balance and lays out where each side of the trade is anchored.

Author Irene Q.

Nov 13, Fri

Brent January settled at 95.82, up 3.3%, and WTI at 88.74, up 2.55%, after the US signalled it would not pursue a deal with Iran and attacks on Gulf shipping continued. In the same week, EIA data showed US crude inventories rising 4.657 million barrels against expectations of a 1.1 million draw, with gasoline up another 1.799 million. OPEC output also rebounded 1.96 million barrels a day to 27.16 million in October, led by Saudi Arabia at 10.56 million. This piece separates the geopolitical premium from the physical balance and lays out where each side of the trade is anchored.

Popular Symbols