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Ripple CEO Welcomes Most ‘Pro-Crypto US Congress’ in History

Not without some controversy and tense moments, the 119th US Congress was officially sworn in, with Republicans dominating both chambers for the first time in six years. Trump-backed Mike Johnson was re-elected as the US House Speaker on the first ballot in a 218-215 vote on Friday. Many in the cryptocurrency community were quick to praise the new administration, even before Donald Trump’s inauguration later this month, including Ripple’s CEO. Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work. — Brad Garlinghouse (@bgarlinghouse) January 3, 2025 Shortly after the elections in early November, Garlinghouse noted that US-based cryptocurrency projects had benefited the most from Trump’s landslide victory as the Biden administration and the SEC, in particular, had suppressed many such businesses. This was evident from the skyrocketing prices of assets like XRP and ADA. Additionally, reports started to emerge that Ripple’s CEO, alongside IOG’s Charles Hoskinson, had met with Trump or people from his team to discuss their involvement in the upcoming regulatory framework around the crypto industry. Although those rumors were never confirmed by Garlinghouse himself, he has been openly praising the upcoming administration, including the Republican-dominated Congress, which he called ‘the most pro-crypto’ in history. The XRP army is particularly focused on the changes in the SEC. The agency and Ripple have been in a four-year-long legal battle, which was nowhere near its end during Gensler’s tenure. However, with his departure in just weeks and Trump’s pro-crypto choice for new SEC chair, the community is anticipating a quicker and perhaps more favorable closure to the case. The post Ripple CEO Welcomes Most ‘Pro-Crypto US Congress’ in History appeared first on CryptoPotato . U.Today

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When Will Be The End Of Meme Season? Remittix Predicted To Go Viral In 2025

The end of the meme season is drawing closer, with Shiba Inu and Dogwifhat struggling and many predicting that practical crypto solutions will soon take center stage. Remittix , offering real utility through instant crypto-to-fiat payments, is poised to gain massive attention. Industry experts say 2025 may be the platform’s breakout year, and a 40x rise is on the horizon for early backers. Remittix: A Game-Changer in Cross-Border Payments with Seamless Crypto-to-Fiat Solutions Cross-border payments are evolving as global users expect quicker, simpler, and cheaper remittance methods. The shift has spawned blockchain-based solutions like Remittix (RTX) , a decentralized PayFi platform that bridges the gap between cryptocurrency payments and fiat settlements. Remittix leverages blockchain to streamline fiat transactions, allowing users to convert up to 40 different cryptocurrencies into fiat instantly before transferring funds to banks worldwide. In contrast to services like Stripe, Wise, and Coinbase, Remittix is more seamless, and recipients never know crypto is involved. This makes it appealing for companies and individuals seeking a safe and fast cross-border payment option. Businesses, for example, can set up accounts and use the platform’s Pay API to accept crypto payments, instantly converting them into fiat. The immutable nature of transactions eliminates risks like chargebacks, ensuring smooth operations. With its blend of TradFi and DeFi features, Remittix has raised over $1 million in its ongoing presale campaign, with $RTX tokens going for $0.0172. With its cutting-edge approach and expanding support, Remittix might be the next big thing in cross-border payments. Shiba Inu Investors Hold Steady Amid Growing Futures Interest Shiba Inu’s price has stayed in a tight range in the last 2 weeks because the cryptocurrency sector struggled with bearish momentum. Yet several factors project a possible comeback for Shiba Inu. Notably, more Shiba Inu tokens are leaving exchanges—a clear signal that investors are opting to hold their coins for the long haul. The Shiba Inu balance on exchanges slipped by approximately 0.6% to 258.7 trillion SHIB last week, down from 260.3 trillion. This decline leaves just 25.87% of the total supply available on exchanges, a positive sign for the asset. The futures market also shows increased confidence in Shiba Inu. Open interest, which reached $50 million in December, has risen to $65.4 million—the largest in weeks. At press time, Shiba Inu stands at $0.00002354, up 3% in the last twenty-four hours. Dogwifhat Shows Signs of Recovery After a Volatile End to 2024 Dogwifhat (WIF) had a remarkable run in 2024, soaring over 1,000% before cooling off with a 42% dip in December. Despite that, Dogwifhat has shown signs of stability, climbing 6.46% in the past week and gaining 0.47% in the last 24 hours to trade at $2.04. With a circulating supply of 1 billion tokens, Dogwifhat boasts a $2.03 billion market cap, making it the fourth-largest memecoin on Solana. Futures market data from Coinglass reveals Dogwifhat’s open interest at $445.64 million, up 4.29%. The steady rise in open interest since November signals heightened trader activity, likely driven by anticipation of major price swings. Previous peaks near $500 million hint at brewing volatility, with traders eyeing either a breakout or further correction. Looking ahead, experts see potential in Dogwifhat, projecting it could hit $5 by the second quarter of 2025 if momentum continues. Remittix Could Dominate Memecoins as Meme Season Ends As the meme season ends, Remittix is emerging as a strong contender in the crypto space against Shiba Inu and Dogwifhat. With its real-world utility and seamless crypto-to-fiat conversion, Remittix is attracting savvy investors. Unlike memecoins, Remittix offers long-term value, positioning itself for dominance as the market shifts toward practical solutions. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post When Will Be The End Of Meme Season? Remittix Predicted To Go Viral In 2025 appeared first on Times Tabloid . U.Today