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The cryptocurrency market is facing some volatility, with several tokens seeing declines in their prices. Although market analysts Javon Marks and Poseidon have made bold forecasts for leading cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE), these major altcoins are currently experiencing a downturn. Remittix (RTX), a swiftly rising initial coin offering (ICO) with ambitious goals to create the first crypto-to-fiat exchange globally, is drawing considerable attention. Emerging as a groundbreaking platform focused on international payments, Remittix (RTX) is set for substantial expansion in 2025. UNI`s Growth Boosted by Open Interest and Ledger Live Partnership To facilitate smooth exchanges of major cryptocurrencies on a self-custody wallet, Uniswap Labs plans to integrate its trading API with Ledger`s live platform. This collaboration aims to enhance DeFi accessibility on the Ethereum blockchain, allowing users to swap tokens on Uniswap`s protocol directly from the Ledger Live interface while maintaining full control over their assets. Created by Ledger, Ledger Live is a platform that ensures users have complete command over their holdings, enabling them to buy, sell, and trade digital assets through various companies. Following the announcement, UNI saw a rise of over 7%, now trading above $13, with expectations of recovering from recent downturns alongside other major cryptocurrencies. Significantly, UNI`s open interest has surged in the past four days, increasing by more than 40% from 19.53M UNI to 27.57M UNI. Open interest represents the total number of outstanding contracts in a derivatives market. Given these developments, analysts are forecasting a significant rise for the token in 2025. Chainlink`s LINK Projected to Fall Due to Declining Whale Activity Chainlink`s LINK has seen an 87% increase over the last month, reaching a three-year peak. Currently, the token is adjusting to the general downturn in the crypto market, trading at $21.18, which is a 2.15% increase over the past week. However, data from Santiment indicates a reduction in whale activity for Chainlink`s LINK. This drop signifies a shift in sentiment among large LINK token holders, suggesting that major investors are either reducing their positions or cashing out their profits. If whale activity stabilizes or reverses, Chainlink could see a price recovery and renewed accumulation. Conversely, if the bearish trend continues, LINK might face further consolidation or a decline in the near term. Consequently, investors are gravitating towards Remittix, which is gaining traction in the crypto community even while still in its public presale phase. Analysts Anticipate 50x Returns on RTX Focusing on utility-driven projects that could disrupt existing industries, Remittix (RTX) represents the next evolution in cryptocurrencies. Remittix aims to tackle inefficiencies in the $180 trillion cross-border payment industry by combining cutting-edge blockchain technology with traditional banking models. The meticulously designed $RTX token, central to this platform, is essential for staking, governance, and platform rewards. With a capped supply of 1.5 billion tokens, RTX is swiftly becoming a highly coveted asset. Platform users can send money directly to bank accounts worldwide after converting over forty cryptocurrencies into fiat, streamlining the process by eliminating hidden fees, offering instant transfers, and often providing better rates than traditional banks. Moreover, businesses can leverage the Remittix Pay API to accept crypto payments and facilitate fiat settlements. By enabling retailers to manage digital assets effectively, Remittix is laying the groundwork for a more inclusive and adaptable financial ecosystem. Positioned as a superior alternative to traditional payment providers like Stripe and Wise, as well as crypto-only platforms such as Coinbase Wallet, Remittix bridges the gap between crypto and fiat. It ensures accessibility and inclusivity for businesses and individuals by supporting over 50 crypto pairs and more than 30 fiat currencies, thereby simplifying global commerce with its extensive range of options. Additionally, the platform`s transparent flat-fee model offers cost savings and clarity over the high fees and poor exchange rates typical of conventional banks. This strategy guarantees that recipients receive the full amount sent, positioning Remittix as a transformative force in the payment industry, where opaque practices are regrettably common. Currently priced at $0.0207 during its presale, the RTX token presents an enticing investment opportunity. Predictions suggest significant growth, with expectations of a 25x multiplier during the presale phase and more than 1,500% gains post-launch, driven by the increasing demand for innovative cross-border payment solutions. Explore the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
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Ondo poised for 1.9b token unlock
Ondo Finance, the real-world assets tokenization platform, is preparing for a major unlock of its governance token. According to Tokenomist, Ondo Finance ( ONDO ) will unlock more than 1.9 billion locked ONDO tokens on January 17, 2025, at 7 PM EST. The total value of the unlock, which accounts for a 134% influx, is estimated to be worth about $2.44 billion. Tokenomist, previously TokenUnlocks, shows ndicates that the upcoming ONDO release will be divided into three key allocations: Approximately 792 million ONDO (40% of the unlock) is allocated for ecosystem growth, while around 825 million ONDO (42%) is earmarked for protocol development. The remaining tokens will go toward private sales. You might also like: XRP could surpass ETH’s market cap: Messari analyst Huge tokens unlocks normally see a bearish reaction from the market, which in this case could see ONDO price dip. The altcoin was trading around $1.25, slightly in the red on the day, as the protocol moved closer to the massive supply influx. However, ONDO’s price rose alongside the broader market over the past year following its last token unlock. The cryptocurrency’s value has surged 673% in the past year, climbing from lows of $0.26. Ondo Finance has also recorded significant traction in the RWA market, with its Ondo U.S. Dollar Yield and Ondo Short-Term Government Bond Fund among tokenized treasuries assets to push the market to over 100% up in the past year to $4 billion. According to DeFiLlama, the total value locked in Ondo Finance spiked from $192 million in January 2024 to a peak of $650 million in October. At the time of writing, the TVL stood at $543 million. You might also like: Ondo Finance and Plume Network team up to expand RWAfi use cases Bitzo
`Gary Who?`: Ripple Mocks Gensler`s Exit
This is Gary Gensler`s last full day as the head of the SEC Bitzo
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ETHE: Ethereum Is A Contrarian Trade
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