Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers. Proof verification on Arbitrum ( ARB ) is about to become more efficient and cost-effective as zkVerify has integrated with the layer-2 solution, reducing verification costs by 91%, crypto.news can exclusively report. Zero-knowledge proofs let users verify information without exposing sensitive details, but they can be expensive and slow to process. By offloading this task to zkVerify, Arbitrum developers and users gain faster verification and lower costs. For instance, the integration allows decentralized finance users to prove creditworthiness with reduced fees, while DAOs can verify votes “in hours rather than days,” the press release reads. Nina Rong, head of partnerships at Arbitrum Foundation, says zkVerify’s integration with Arbitrum demonstrates how the technology can support advanced privacy solutions. “This advancement showcases the ability of Arbitrum’s infrastructure to enable sophisticated zero-knowledge applications while maintaining exceptional cost-effectiveness and performance.” Nina Rong You might also like: Arbitrum One as the first layer-2 to reached $20 bilion in TVL For testnet use only, for now Rob Viglione, co-founder and CEO of Horizen Labs, the team behind zkVerify, called the partnership a “significant step forward for both platforms,” saying it enables Arbitrum developers to create “more sophisticated applications while maintaining the speed and cost advantages that make Arbitrum attractive.” As of press time, the solution is live on Arbitrum’s testnet only, with a mainnet launch planned for Q2, the press release reads. The partnership comes as Arbitrum’s ecosystem grows, potentially positioning the token for a bullish breakout. As crypto.news reported earlier, the number of active addresses on the Arbitrum network has recently surged by 77% to 2.43 million, per data from Nansen. The boost has pushed transactions up by 35%, with fees increasing by 182% to over $1 million. With this surge in activity, Arbitrum has formed a falling wedge pattern, where two converging trendlines are nearing their confluence. This could signal a potential rebound, pushing the price to $1.2470, the upper side of the cup-and-handle pattern, a 76% increase from current levels. Measuring the depth of the cup suggests the price could rise to $2.13. However, a drop below the support level at $0.4626 would invalidate the bullish outlook. Read more: South Korea’s Lotte Group to leverage Arbitrum blockchain for its metaverse
crypto.news 2025-01-30 15:30
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base. In this initial phase, Phantom will allow users to swap thousands of sui tokens from its interface and use their favorite Sui decentralized
Bitcoin.com 2025-01-30 15:30
Smart buyers are looking at cheap tokens with much room to grow as the cryptocurrency market gets ready for its next big rise. Rexas Finance (RXS), Pengu (PINGU), Notcoin (NOT), and Flare (FLR) are some of the best choices. These four gems selling below $0.30 could give you life-changing returns in the next few weeks. These tokens could change investors' portfolios because they have new ecosystems, strong groups, and long-term plans. Rexas Finance (RXS): The Future of Asset Tokenization The revolutionary ecosystem that Rexas Finance (RXS) has created is its primary source of strength. By tokenizing real-world assets using blockchain technology, Rexas Finance (RXS) seamlessly allows users to purchase, sell, and trade properties on the blockchain. This strategy provides unrivaled advantages, such as increased transparency, decreased transaction costs, and expanded accessibility to markets worldwide. Rexas Finance (RXS) is in the eleventh stage of its presale, and the tokens are being sold at $0.175. The presale raised over $39.3 million and sold more than 415.8 million tokens, a tremendous success that reflects the investors' immense faith in the project. Rexas Finance's (RXS) tokenomics prioritizes sustainability and inclusion. Of the total presale tokens, 42.5% go toward community building and 22.5% toward a staking pool to support ecosystem involvement. Still, another 15% is set aside for liquidity to guarantee seamless trade and lower market volatility. The last tokens help with marketing, alliances, Treasury reserves, team operations, and giveaways. There are no complicated steps involved in participating in the Rexas Finance (RXS) presale. To purchase tokens, you only need to link your wallet to the official Rexas Finance (RXS) platform and use Ethereum or USDT to purchase. After obtaining your tokens, ensure their safe storage and monitor the presale events for price changes or updates. Pengu (PENGU): A Symbol of Community and Good Vibes Official Pudgy Penguin token Pengu has become well-known as a cultural symbol. Its impact goes beyond the crypto sphere; it appears in company branding, ETF ads, and viral social media material. PINGU is a special participant in the cryptocurrency market since it stands for community, memes, and optimism. PENGU offers investors a rather low starting point at approximately $0.03. The token takes advantage of the growing Pudgy Penguins fan base and major cultural influence. With millions of followers and over 50 billion views across platforms, PENGU has solidified its position as a significant player in the crypto sector. Notcoin (NOT): Redefining Community-Driven Cryptocurrencies Originating in a viral Telegram game, Notcoin became a community-driven cryptocurrency. Introduced to the world of web3 by this creative tap-to-earn mining mechanism, this fosters a devoted and involved community. Notcoin’s utility extends beyond gaming. It is used for transactions on platforms like Telegram, highlighting its growing adoption and versatility. Additionally, the token is a launchpad for web3 builders, who can showcase their products and gain traction through dedicated campaigns. Notcoin, currently at $0.006, is a reasonably priced investment. Its growing ecosystem and several use cases make it an interesting choice for those investigating the possibilities of community-driven cryptocurrencies. Flare (FLR): Bridging the Gap Between Blockchains Flare bridges the gap between several blockchain systems, facilitating flawless interoperability and improved scalability. Its creative technologies let developers design decentralized apps (dApps) using data from several chains, increasing their usefulness and capacity. Flare is positioned to profit from the increasing need for cross-chain solutions; it trades at $0.25 as of writing. A strong development team and strategic alliances help FLR become a decentralized finance (DeFi) network pillar. Its emphasis on scalability and interoperability will appeal to investors looking for long-term expansion. Conclusion Given their prices under $0.30, Rexas Finance (RXS), Pengu, Notcoin, and Flare provide great investment prospects. Strong communities, creative use cases, and strategic roadmaps support these tokens, making them great targets for exponential development. These underpriced jewels might be your ticket to large gains in only eight weeks as the crypto market prepares for its next positive phase. Whether you are a novice investor or an experienced one, now is the moment to act to guarantee your place in some exciting ventures. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance
Crypto Daily 2025-01-30 15:29
Savvy investors are eyeing low-cost tokens with significant growth potential as the crypto market gears up for its upcoming surge. Rexas Finance (RXS), Pengu (PINGU), Notcoin (NOT), and Flare (FLR) are among the top contenders. These four promising coins, each priced below $0.30, may offer life-changing gains in the coming weeks. With their innovative ecosystems, robust communities, and strategic long-term visions, these tokens have the potential to transform investors' portfolios. Rexas Finance (RXS): Pioneering the Future of Asset Tokenization The groundbreaking ecosystem of Rexas Finance (RXS) is its key strength. By leveraging blockchain technology to tokenize real-world assets, Rexas Finance (RXS) enables seamless buying, selling, and trading of properties on the blockchain. This approach offers unmatched benefits, including enhanced transparency, reduced transaction costs, and broader market access globally. Rexas Finance (RXS) is currently in the eleventh phase of its presale, with tokens available at $0.175. The presale has been a resounding success, raising over $39.3 million and selling more than 415.8 million tokens, highlighting investors' tremendous confidence in the project. The tokenomics of Rexas Finance (RXS) focus on sustainability and inclusivity. Of the presale tokens, 42.5% are allocated for community development and 22.5% for a staking pool to encourage ecosystem participation. Additionally, 15% is reserved for liquidity to ensure smooth trading and minimize market volatility. The remaining tokens support marketing, partnerships, Treasury reserves, team operations, and giveaways. Participating in the Rexas Finance (RXS) presale is straightforward. Simply connect your wallet to the official Rexas Finance (RXS) platform and use Ethereum or USDT to make your purchase. Once you have your tokens, store them securely and keep an eye on presale events for any price changes or updates. Pengu (PENGU): Embracing Community and Positivity Pengu, the official Pudgy Penguin token, has gained recognition as a cultural icon. Its influence extends beyond the crypto space, featuring in corporate branding, ETF advertisements, and viral social media content. PINGU is a unique player in the cryptocurrency market, representing community, memes, and positivity. At an entry price of around $0.03, PENGU offers investors an attractive opportunity. The token capitalizes on the expanding fan base of Pudgy Penguins and its significant cultural impact. With millions of followers and over 50 billion views across various platforms, PENGU has established itself as a notable force in the cryptocurrency industry. Notcoin (NOT): Transforming Community-Driven Cryptocurrencies Emerging from a popular Telegram game, Notcoin has evolved into a community-driven cryptocurrency. This innovative tap-to-earn mining mechanism brought the token to the web3 space, fostering a loyal and engaged community. Notcoin’s utility extends beyond gaming, as it is also used for transactions on platforms like Telegram, showcasing its growing adoption and versatility. Moreover, the token serves as a launchpad for web3 developers, allowing them to showcase their products and gain momentum through dedicated campaigns. Currently priced at $0.006, Notcoin is an affordable investment option. Its expanding ecosystem and various use cases make it an intriguing choice for those exploring the potential of community-driven cryptocurrencies. Flare (FLR): Connecting Blockchains Seamlessly Flare acts as a bridge between different blockchain networks, enabling smooth interoperability and enhanced scalability. Its innovative technologies allow developers to create decentralized applications (dApps) using data from multiple chains, boosting their functionality and capacity. Flare is well-positioned to benefit from the rising demand for cross-chain solutions and is currently trading at $0.25. Supported by a strong development team and strategic partnerships, FLR is becoming a cornerstone of the decentralized finance (DeFi) network. Its focus on scalability and interoperability makes it an appealing choice for investors seeking long-term growth. Conclusion With their prices below $0.30, Rexas Finance (RXS), Pengu, Notcoin, and Flare offer exceptional investment opportunities. These tokens are backed by strong communities, innovative use cases, and strategic roadmaps, positioning them for significant growth. As the crypto market braces for its next bullish phase, these undervalued gems could be your gateway to substantial profits in just eight weeks. Whether you're a novice or experienced investor, now is the time to secure your stake in these exciting projects. For more information about Rexas Finance (RXS), check out the following links: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance
Bitzo 2025-01-30 15:29
The indirect exposure of Norway’s sovereign wealth fund to Bitcoin has surged 153% year-over-year, reaching an impressive 3,821 BTC, valued at approximately $400 million as of December 31, 2024. This
CoinOtag 2025-01-30 15:28
Cryptocurrency is evolving and 2025 has already shown how dynamic the market can be. While major tokens like Cardano (ADA) and Ripple XRP are capturing headlines, one emerging player, Remittix (RTX) , is proving to be an innovation that stands out. Offering groundbreaking solutions for global payments, Remittix is positioning itself as a top crypto investment opportunity. Here’s a closer look at why it’s worth paying attention to Cardano, XRP and especially Remittix in this market cycle. Cardano Faces Consolidation and Resilience in Play In the blockchain domain, Cardano (ADA) is still one of the most talked-about tokens. Since its January 27 price of $0.9248, ADA has been sending out conflicting signals about upcoming chances as well as problems. Recently, it experienced a 14% pullback from $1.07, dipping to $0.89. This correction aligns with critical Fibonacci levels, signaling potential for either a bullish breakout or continued consolidation. Key technical levels indicate that ADA is nearing a possible inflection point. Resistance at $0.98 and $1.14 could spark renewed interest if broken, potentially pushing prices back toward $1.32 or higher. Meanwhile, downside support near $0.82 provides a safety net for cautious investors. The strength of Cardano is its creative environment, which is bolstered by developments like the Hydra Layer 2 solution, which promises to increase transaction speed and scalability. ADA is demonstrating that demand is still being driven by blockchain innovation with the growing acceptance of DeFi and enterprise use cases. If broader market sentiment improves, Cardano’s long-term potential remains strong, but right now, all eyes should be on its ability to reclaim higher levels. Remittix, The Next Generation of Global Payments While established cryptos like Cardano and XRP are strong contenders, crypto enthusiasts should not overlook the disruptive potential of Remittix (RTX) . Positioned as the “PayFi” leader, Remittix combines blockchain’s efficiency with fiat’s accessibility, creating a seamless platform for cross-border payments. Imagine this: sending $500 to a family member abroad using Solana, only for the recipient to receive the exact amount in fiat without knowing it started as crypto. No hidden fees, no poor exchange rates and instant processing. That’s the promise of Remittix. This network, which supports more than 40 cryptocurrencies and 30 fiat currencies, offers consumers and organizations a transparent and safe way to handle international crypto transactions. With a presale price of $0.0479, Remittix has already raised more than $9.5 million. With forecasts predicting a 25x multiplier during the presale phase and over 1,500% gains post-launch, RTX is a once-in-a-lifetime opportunity. For businesses, Remittix Pay opens new doors. Freelancers can invoice clients globally in crypto and receive payouts in fiat, while companies gain access to flat-fee cross-border solutions that bypass traditional banks’ exorbitant charges. This strategy is expected to take a sizable chunk of the banking sector and upend a $190 trillion market. Remittix provides a window into the future of international crypto payments with its basic values of privacy, speed and openness. Ripple XRP Regaining Momentum Amid Whale Activity Ripple XRP had a wild start to 2025, plunging from $3.10 to $2.80 amid a wider market meltdown. Nevertheless, it has rapidly recovered, rising 12% in the last day to trade at $3.11 as of January 27. Strategic actions taken by Ripple, such as obtaining Money Transmitter Licenses (MTLs) in Texas and New York, are driving this comeback. Ripple’s legitimacy and accessibility are increased by these licenses, which allow it to provide a fully licensed cross-border payment solution in the United States. Additionally, whale investors have been making waves, purchasing 120 million XRP during the recent dip. Because of this action, there is now less XRP in circulation, which could lead to additional price spikes. Large-scale investors’ assurance frequently encourages smaller participants to follow suit, adding fresh funding to the ecosystem. Ripple’s emphasis on using blockchain technology to revolutionize financial transactions keeps it in the public eye. XRP is still a major participant as institutions continue to use cryptocurrency for quicker and more affordable payments. But for those seeking a fresh opportunity in this space, Remittix might just offer an even more exciting alternative. Why Remittix Deserves Your Attention Now Both Cardano and Ripple XRP have established themselves as major players in the cryptocurrency space, each with special advantages and potential. Nonetheless, Remittix is rapidly becoming a notable option for investors hoping to profit from blockchain innovation. By effectively bridging the gap between cryptocurrency and fiat, Remittix provides useful solutions for people, freelancers and corporations. The fact that almost $10 million has already been raised during the presale speaks for itself. The platform may see exponential profits for early users as it expands in popularity and launches on major exchanges. The time has come for anyone looking for a top crypto investment project that blends state-of-the-art technology with practical applications. Remittix is one such initiative. Since RTX has the potential to completely transform international crypto payments, it might be one of the top crypto investments of the year and the presale period won’t last long. Discover more about Remittix and secure your spot in the presale before it’s too late: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
NullTx 2025-01-30 15:27
The crypto investing landscape has been gradually changing. Crypto analysts now advise investors to consider crypto presale tokens over trending altcoins for long-term gains. The recent market dip is probably one of the reasons for this shift, as crypto presales shield investors from market risks while ensuring massive profits. Remittix has attracted interest from many crypto analysts who have claimed it will be one of the best new altcoins when it launches. Remittix is currently on presale and has raised nearly $10 million already. With its current trajectory, crypto experts have claimed it could be a better investment option than altcoins like Aave and Toncoin. Aave Dips Despite Market Surge Although most altcoins are surging as the market recovers from a downward trajectory, Aave is dipping. At $292, Aave’s price is on the high side, so many investors may be happy about the price dip as it means they can find a sweet spot for entry. However, that sort of investment strategy falls in the high-risk, high-reward category. For investors interested in low-risk plays, crypto presales like Remittix may be a better option. Despite its price dip, Aave has several updates that could trigger a price surge later in the cycle. For instance, the Aave V4 update, which boosts DeFi usability and experience on the platform. Toncoin Dips Amid Strategic Pivot Toncoin recently announced a strategic pivot to focus on instant network transfers to improve speed in its ecosystem. It further intends to expand its partnership with Telegram, trying to get more and more people into crypto. Despite this announcement, in the last 24 hours, Toncoin’s price has fallen by almost 2% but analysts say it will bounce back shortly. Analysts certainty over the Toncoin price comes from the launch of major Toncoin network upgrades, such as mainnet accelerator kernel and improved APIs for enhanced user experience. Remittix Usurps Top Altcoins as Investor Favorite Meanwhile, Remittix has become the preferred crypto investment choice for savvy investors ahead of the bull run. A combination of its potential in the PayFi industry and its presale performance has made the project appealing to analysts and investors alike. Remittix transforms the payment experience by allowing users to make payments in crypto while sellers receive the payments in fiat. It supports over 40 cryptocurrencies and fiat currencies, providing a level of ease and flexibility that is scarce in the payments scene. Having raised nearly $10 million in presale, Remittix now looks set to surpass the $36 million target set by its team. Conclusion The success of the Remittix presale has placed it top of mind for crypto analysts and investors ahead of the bull run. From all indications, the token is set to become one of the best new altcoins in the industry when it launches, surpassing the likes of Toncoin and Aave. Join the presale and community now! Website: https://remittix.io/ Community: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
NullTx 2025-01-30 15:26
Ethereum sellers have struggled to push the asset below the crucial $3K support for months, while recent price action suggests a bullish rebound. However, ETH remains confined between the 100-day MA at $3.3K and the 200-day MA at $3K. A decisive breakout from this range will determine the cryptocurrency’s next major move. Technical Analysis By Shayan The Daily Chart Ethereum’s price action has been in a consolidation phase following a period of selling pressure, with sellers attempting to conquer the $3K support level. The asset is currently trapped between the 100-day MA at $3.3K and the 200-day MA at $3K. Recently, ETH encountered strong buying pressure near the $3K support zone, leading to a significant rebound. This reaction suggests a strong presence of buyers defending this level. However, for a successful breakout above the $3.5K mark, Ethereum requires increased buying activity and bullish momentum. The upcoming price action within this range will be crucial in defining Ethereum’s mid-term trajectory, with both bulls and bears poised for a potential breakout. The 4-Hour Chart On the 4-hour timeframe, Ethereum is consolidating within a descending wedge pattern. The price recently bounced from the wedge’s lower boundary at $3K, aligning with the 0.618 Fibonacci retracement level —reinforcing this area as a strong support zone. Currently, Ethereum is trading within the tight $3K-$3.3K range, approaching the narrowing end of the wedge pattern. A breakout from this zone is imminent, and the direction will be crucial in determining the market’s next major trend. Given the market conditions, a bullish breakout above this pattern could trigger a rally toward the $4K threshold in the mid-term. Onchain Analysis By Shayan While ETH has shown early signs of recovery, market participants are closely monitoring the likelihood of a breakout above the current price range. The key question remains whether the cryptocurrency can generate enough momentum to breach the critical $3.5K resistance level. The funding rates metric, a crucial indicator of market sentiment, has recently declined, suggesting that the market is no longer overheated. This cooling-off phase indicates that excessive leverage has been reduced, creating room for a potential sustained rally if demand in the spot market increases. Notably, funding rates have started to rise slightly alongside Ethereum’s price rebound. This subtle shift hints at growing bullish momentum in the perpetual futures market. However, for a decisive breakout above the $3.5K threshold, the funding rates metric must increase further, signaling heightened optimism and an influx of long positions. If demand continues to grow, ETH could be poised for a significant rally in the coming days. The post Ethereum Price Analysis: ETH Gears Up for a Big Move, Will it Break Past $3.5K? appeared first on CryptoPotato .
Crypto Potato 2025-01-30 15:26
Illinois has advanced a Bitcoin strategic reserve bill that will allow the state to hold the flagship cryptocurrency. On January 29, House Bill 1844 , introduced by State Representative John Cabello, was referred to the Rules Committee for further review before potential approval from lawmakers. The bill proposes the creation of a Strategic Bitcoin Reserve Fund, a special fund within the state treasury dedicated to holding Bitcoin as a financial asset. Managed by the State Treasurer, the fund would implement secure storage, management, and reporting systems for its Bitcoin holdings. The bill mandates that Bitcoin deposited into the fund must be held for at least five years from the date the assets enter custody before the state can transfer, sell, appropriate, or convert it to another cryptocurrency. Additionally, the bill allows the State Treasurer to accept Bitcoin donations, gifts, and grants from Illinois residents and government entities. It also outlines strict security measures, including the use of cold storage and compliance with digital asset management best practices. Further, the State Treasurer will be required to conduct periodic audits and publish a biennial report outlining the fund’s holdings, valuation, and security status, which will be published on the State Treasurer’s website. An excerpt from the bill states that the Bitcoin reserve “aligns with Illinois’ commitment to fostering innovation in digital assets and providing Illinoisans with enhanced financial security.” Unlike other states, Illinois’ bill does not outline any provisions for the state to invest in or purchase Bitcoin directly. Instead, the reserve will be built through voluntary contributions, including donations, gifts, and grants from Illinois residents and government entities. All assets must be converted into Bitcoin before being transferred to the fund. US states are racing to establish Bitcoin reserves Illinois has become the latest state to advance a Bitcoin reserve bill, as over a dozen other U.S. states are currently considering similar initiatives at various stages of legislative review. On January 29, the Utah House Economic Development Committee advanced its Blockchain and Digital Innovation Amendments bill, which, if passed, will allow the state treasurer to allocate up to 5% of certain public funds into eligible digital assets like Bitcoin. The bill has been advanced to the full House for consideration after it was approved by an 8-1 vote. Prior to that, the neighboring state of Arizona pushed the Strategic Bitcoin Reserve Act to the Senate Rules Committee for consideration. The bill proposes allowing public funds managed by the state treasurer to allocate up to 10% of their capital in Bitcoin and other digital assets. Other states like Ohio and Pennsylvania have also presented legislation that advocates for the creation of a state Bitcoin reserve. With President Donald Trump making pro-crypto moves at a federal level, state-led Bitcoin reserve initiatives appear to be gaining momentum. On January 23, 2025, Trump signed an executive order establishing a national cryptocurrency working group to explore the creation of a federal Bitcoin stockpile and develop a regulatory framework for digital assets. The post Illinois moves forward with Bitcoin reserve bill in crypto-friendly push appeared first on Invezz
Invezz 2025-01-30 15:25
The post Analysts Believe It’s Too Late To Buy Solana (SOL) and Point To Low-Cap 100x Potential Gem As Better 2025 Play appeared first on Coinpedia Fintech News As the crypto market attempts to find footing in 2025, January stirred up its fair share of volatility. Amidst this tension, experts believe they’ve discovered a new crypto gem in a fast-rising presale token tipped to be the next 100x altcoin. Despite more well-established altcoins like Solana enjoying good standing for their strong foundations, this presale token, Remittix, is stealing the show with an expansive offering in a thriving industry. This PayFi sensation has transformed the global payments market, providing solutions to its longstanding challenges. Let’s explore the features drawing investors to Remittix (RTX) and how it will compare to Solana this year. Solana Price Prediction for 2025 Solana experienced a price surge in mid-January, rising by nearly 50% of its value in a few days. Yet, since then, the Solana price has dipped to about $234 following market instabilities. Despite these recent setbacks, Solana lost 5.5% of its value last week; the altcoin still holds a net monthly profit of 20.85%. This crypto has also recorded a significant increase in other areas, with Total Value Locked (TVL) achieving new all-time highs. Analysts say this growth is linked to the launch of tokens like TRUMP and MELANIA on the platform. Solana’s 50-day Simple Moving Average (SMA) is trending above the 200-day SMA, suggesting the ‘Golden Cross,’ which often means a potential uptrend. Meanwhile, Solana’s RSI is hovering around 59, indicating that Solana is entering the overbought territory. Overall, Solana price prediction seems uncertain, though its recent growth has certainly inspired investor confidence. Still, Solana price prediction might not guarantee them the massive profits they seek. Remittix Transforms Global Payments Remittix (RTX) is rapidly building the right momentum to support its valuable offering for the $190 trillion cross-border payments industry. This project is transforming global payments and establishing a new norm by solving issues head-on. Remittix enables the seamless yet efficient conversion of over 40 cryptocurrencies into fiat and sends funds globally. Transactions on this platform get completed within 24 hours. More so, the platform employs a flat fee model to ensure there are no surprises for users. Remittix outdoes traditional banking systems with an effective alternative for everyday use. Meanwhile, the Remittix Pay API is a helpful tool for businesses. By integrating this tool, companies can effortlessly accept cryptocurrency payments and settle them seamlessly in fiat currencies, supporting over 30 fiat currencies and 50 cryptocurrency pairs. The API equips businesses with the flexibility they need to simplify global financial operations and scale efficiently. Remittix (RTX) also distinguishes itself with its privacy-focused layout. Transactions here appear as standard bank transfers, concealing their cryptocurrency sources. This layout makes the platform usable by individuals, businesses, and merchants, lessening the complexity while offering the perks of blockchain technology. Why Investors Believe This Presale Token is the Next 100x Altcoin The Remittix presale is attracting significant interest, with the presale token trading for just $0.0479. Having raised over $9.5 million in just a few weeks, the project shows no sign of losing momentum. With a deep value proposition, analysts can see Remittix delivering 800% in profit for investors during the presale and further growth after it launches. Here’s a gem challenging the status quo for cross-border payments and gearing up to transform the PayFi sector. Join now by checking out the presale on their website: Website : https://remittix.io/ Socials : https://linktr.ee/remittix
coinpedia 2025-01-30 15:25
The post Grayscale Launches Bitcoin Miners ETF: New Investment Opportunity in Crypto Mining appeared first on Coinpedia Fintech News Grayscale has just launched its new Bitcoin Miners ETF, marked with the ticker MNRS, opening up a fresh way for investors to gain exposure to the growing Bitcoin mining industry. This new ETF focuses on companies that generate the majority of their revenue from Bitcoin mining, offering an alternative to those interested in Bitcoin without directly holding the digital asset. But what makes this ETF different from others? Grayscale Launch Miners ETF The Grayscale Bitcoin Miners ETF focuses on companies listed in the Indxx Bitcoin Miners Index, which includes businesses that primarily earn their revenue from Bitcoin mining. Unlike traditional crypto funds, $MNRS does not invest in Bitcoin or other digital currencies. Instead, it provides exposure to global Bitcoin mining companies and related sectors, such as mining hardware, software, and services. With a current market price of $25.31, the ETF’s top holdings include industry giants like Marathon Holdings (16.66%), Riot Platforms (11.92%), and Core Scientific (9.2%). These companies play a crucial role in maintaining the Bitcoin network, and their success is directly linked to the growth of Bitcoin. Why is This ETF Appealing to Investors? According to David LaValle, the Global Head of ETFs at Grayscale, Bitcoin miners play a key role in the growth of the Bitcoin network. As Bitcoin adoption continues to increase, these companies are expected to see significant growth. This makes the $MNRS ETF a promising option for investors looking to capitalize on the mining sector’s expansion. It also provides a simpler way to invest in Bitcoin’s infrastructure without having to directly buy and manage cryptocurrency. Grayscale’s Dominance in Crypto Grayscale is a well-established name in the crypto world, known for its Bitcoin Trust (GBTC), which manages over $20 billion in assets. While it continues to lead in the Bitcoin investment space, it faces increasing competition from other firms like BlackRock and Fidelity, which have introduced their crypto ETFs. Besides the launch of the $MNRS ETF, Grayscale is also working on expanding its offerings. The company has recently applied for a spot in Litecoin ETF and has also explored the possibility of creating products for other popular digital assets like Solana.
The post Former US Senator And Crypto Critic Bob Menendez Gets 11 Years In Prison for Bribery appeared first on Coinpedia Fintech News Bob Menendez, a former U.S. Senator was sentenced to 11 years in prison on Wednesday on charges of bribery and acting as an agent for Egypt. Menendez was a Democrat from New Jersey known for criticizing crypto. He called bitcoin an “ideal choice for criminals” and opposed El Salvador’s decision to use BTC. Judge Sidney H. Stein told Menendez, “You were successful and powerful, at the top of our political system. Somewhere, you lost your way and started working for yourself instead of the public.” Menendez took bribes, including gold and cash, and used his political power to help Egypt.
coinpedia 2025-01-30 15:24
Phantom Celebrates ‘Suinami,’ Rolls out Beta Support for Sui
