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The Remittix (RTX) presale has been gaining momentum by capturing the attention of early adopters eagerly awaiting to ride the wave of the PayFi revolution.
Farside Investors has reported that the Ethereum ETF managed by Blackrock recorded no inflows, with a daily inflow of $0M, on January 9. This data indicates a period of stagnation for the Ethereum ETF, suggesting a lack of investors’ interest and confidence in the current market conditions, as ETH ETH $2 647 24h volatility: 3.1% Market cap: $319.83 B Vol. 24h: $22.53 B price dipped by over 9% in the last 7 days. Similarly, Cardano ADA $0.74 24h volatility: 6.8% Market cap: $26.86 B Vol. 24h: $844.10 M has strengthened its DeFi ecosystem by partnering with BitcoinOS via the Grail Bridge.
This partnership introduces a secure Bitcoin bridging and unlocks liquidity for the ADA’s DeFi initiative. The move comes as Cardano’s price continues to dip. On the other hand, Remittix (RTX) has made significant waves as a revolutionary PayFi solution combining blockchain technology with global banking networks to streamline cross-border payments. With such a unique feature, the project continues to attract global investors, with a new price rally that has seen the RTX token sell at $0.0199.
The absence of inflows is critical as it could affect the perceived liquidity and attractiveness of the Ethereum ETF to potential investors. Moreover, the $0 flow implications are significant for traders relying on ETF movements to signal broader market trends.
A stagnant inflow can also indicate that traders could be waiting for favorable conditions or more market clarity before committing capital. Volume data and technical indicators surrounding the ETH price movement provide more insight into this lack of activity. For instance, Ethereum’s trading volume during the same period slightly dipped, indicating lower market participation.
Additionally, on-chain metrics, including the number of active Ethereum addresses, have also dipped, suggesting reduced on-platform activity. The RSI, at 41, also points to bearish momentum in the price of Ethereum as it trades above the $3,000 region.
Cardano’s bounce over the $0.80 horizontal area has positioned the ADA token for a potential upward movement in the first quarter of 2025. The bounce has also led to a bullish candlestick pattern, often leading to a bullish trend reversal.
However, the $1.25 resistance is critical since it is the final horizontal resistance up to $2.00. A breakout above this level could lead to an over 100% surge in ADA price. Despite a slight dip in Cardano’s price momentum, key technical indicators, including the MACD, suggest that the token remains bullish.
However, a dip near the $0.75 level could delay the surge, with the likely target for the final candlestick wave being between $1.68 and $1.81. If ADA achieves these levels, backed by its recent collaboration with BitcoinOS, it could open up the path for more gains.
The Remittix (RTX) presale has been gaining momentum by capturing the attention of early adopters eagerly awaiting to ride the wave of the PayFi revolution. With the mission to revolutionize cross-border payments by combining blockchain technology with traditional financial systems, Remittix stands ready to change how money moves across the globe.
By integrating local bank systems, Remittix will ensure seamless money transfers directly to bank accounts with a same-day process factor and no hidden FX or wire transfer fees. Moreover, the Remittix Pay API will empower businesses to accept cryptocurrency payments using a flat-flee structure. This feature is set to unlock new business opportunities and enhance remittance solutions.
Security is also a top priority for the project, and Remittix’s smart contracts have undergone audits by BlockSAFU and SolidProof, two well-recognized auditing houses. The integrated blockchain technology will secure payment records, making them tamper-proof, a move that aims to increase trust in the platform. This reliability also positions Remittix for massive growth in the DeFi and traditional markets.
Its ongoing presale has seen the token surge from $0.015 to $0.0199, fueled by investor backing, as more than $2.4M has been raised. With such momentum, RTX price might hit $1 by the end of the year, driven by Remittix’s potential to revolutionize the $190 trillion cross-border payment market.
Ethereum and Cardano’s strong foundation within the crypto market has made them promising tokens within the crypto market. However, Remittix is also looking to mirror such success in 2025, promising its investors higher ROI backed by a unique use case and massive potential.
Join the Remittix (RTX) presale and community.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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