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
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Author  Mitrade
Dec 01, Mon
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
placeholder
Solana Price Forecast: ETF Demand and Derivatives Flows Fuel a Sharper ReboundSolana (SOL) trades above $140 after a 10% daily jump, as ETF inflows flip positive, futures open interest climbs 6.75% and on-chain TVL and stablecoin liquidity rise, setting up a potential double-bottom breakout toward the 50-day EMA at $158 if SOL can secure a daily close above $145.
Author  Mitrade
Dec 03, Wed
Solana (SOL) trades above $140 after a 10% daily jump, as ETF inflows flip positive, futures open interest climbs 6.75% and on-chain TVL and stablecoin liquidity rise, setting up a potential double-bottom breakout toward the 50-day EMA at $158 if SOL can secure a daily close above $145.
placeholder
AUD/USD holds steady above 0.6600; remains close to two-month high ahead of US PCE dataThe AUD/USD pair enters a bullish consolidation phase during the Asian session on Friday and oscillates in a range around the 0.6600 round figure, just below a nearly two-month high, touched the previous day.
Author  FXStreet
11 hours ago
The AUD/USD pair enters a bullish consolidation phase during the Asian session on Friday and oscillates in a range around the 0.6600 round figure, just below a nearly two-month high, touched the previous day.
placeholder
Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation releaseGold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Author  FXStreet
9 hours ago
Gold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
placeholder
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
9 hours ago
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
goTop
quote