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.
placeholder
WTI consolidates below $84.50, two-week top as bullish bias remains amid Hormuz standoffWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move through the first half of the European session and currently trades near the $84.25-$84.30 area, close to a two-week high set earlier this Tuesday.
Author  FXStreet
7 hours ago
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move through the first half of the European session and currently trades near the $84.25-$84.30 area, close to a two-week high set earlier this Tuesday.
placeholder
Australian Dollar gains as US Dollar struggles amid fading Fed rate hike betsAUD/USD extends its gains for the third successive day, trading around 0.7110 during the Asian hours on Tuesday. The currency pair continues to appreciate as the US Dollar (USD) remains subdued amid fading expectations for further rate hikes by the Federal Reserve (Fed).
Author  FXStreet
16 hours ago
AUD/USD extends its gains for the third successive day, trading around 0.7110 during the Asian hours on Tuesday. The currency pair continues to appreciate as the US Dollar (USD) remains subdued amid fading expectations for further rate hikes by the Federal Reserve (Fed).
placeholder
Gold Price Forecast: Gold May Break $4,500 as Fed Rate-Hike Expectations Continue to CoolAs of the European session on August 17, gold prices (XAUUSD) were trading above $4,400, up about 0.7% on the day and reaching an intraday high of $4,416.43, extending last Friday's gains
Author  TradingKey
Yesterday 10: 10
As of the European session on August 17, gold prices (XAUUSD) were trading above $4,400, up about 0.7% on the day and reaching an intraday high of $4,416.43, extending last Friday's gains
placeholder
Gold gains momentum to near $4,400 as Fed hike expectations drop despite Us-Iran tensionsGold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve (Fed) interest rate hike. 
Author  FXStreet
Yesterday 01: 18
Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve (Fed) interest rate hike. 
placeholder
Copper Price Forecast: Tight Supply Pushes Price Above $14,000, Can Copper Reach $15,000?As of the European session on August 14, international spot copper prices (COPPER) continued to fluctuate near historical highs, trading around $14,070, down slightly by 0.3% intraday. De
Author  TradingKey
Aug 14, Fri
As of the European session on August 14, international spot copper prices (COPPER) continued to fluctuate near historical highs, trading around $14,070, down slightly by 0.3% intraday. De
goTop
quote