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Cryptocurrency News Articles
Remittix (RTX) Soars Past $14M in Presale, Outpacing XRP's 11% Bounce
Apr 23, 2025 at 04:10 am
XRP news is on everyone’s radar after the token jumped 11%, rebounding from Monday’s low of $1.65 to around $1.89.
In the ever-shifting realm of cryptocurrencies, the slightest news tidbit can send ripples—no pun intended—through an otherwise calm market. Today, everyone's keenly following XRP news as the token attempts to stage a swift recovery from Monday’s low of $1.65, finally reaching around $1.89 after a 11% jump.
A large whale transfer of 200 million XRP (roughly $355 million) to Binance has some watchers a bit apprehensive, fearing it might set the stage for a selloff. However, several analysts remain upbeat, noting that NYSE Arca just approved Teucrium’s 2X Long Daily XRP ETF, which bodes well for broader institutional interest in leveraged XRP trading products.
Moreover, new project Remittix (RTX) is also making headlines as fans highlight its unique approach to real-world payment solutions—something that might resonate more with user in a market that often juggles hype with practical use cases.
XRP Could See Parabolic Run As ETF Approved, Whales Dump Token
XRP is currently trading at $1.89, having risen over 5% in the past 24 hours. Several analysts see strong reasons for a potential breakout, which is also fueling new XRP news across social media.
First, NYSE Arca’s approval for Teucrium’s 2X Long Daily XRP ETF, confirms broader institutional interest in leveraged XRP trading.
Second, crypto commentator Dark Defender says $1.88 is a key support, and he believes XRP may bounce if whales remain net buyers.
Third, the daily chart reveals two conflicting patterns: a head-and-shoulders that could sink the price to $1.30, and a triangle setup that might break bullish.
Both cannot be true, and which pattern wins will decide the short-term trend.
Despite the lively discussion around XRP news, not all signals are rosy. The giant whale transfer, reportedly from blockchain analytics firm Glassnode, to crypto exchange Binance, highlights the coin’s lingering volatility.
Market watchers also warn that if the head-and-shoulders plays out, traders might see a steep correction soon.
However, broader XRP news shows that leveraged ETFs, Grayscale’s positive note, and whales holding strong are setting the stage for some major swings, either up or down.
Remittix Soars Past $14.4M As Token Aims For Trillion-Dollar Market With Speedy Payouts
While XRP news has been setting the agenda, newcomer Remittix (RTX) has now blazed past $14.4 million in presale funds with over 527 million tokens sold.
Priced at $0.734, RTX is aiming to revolutionize cross-border payments by converting crypto to fiat in approximately 24 hours. Fans see it as a more agile version of Ripple’s early ambitions—but without the years-long legal headaches that arose from the U.S. Securities and Exchange Commission.
Whether you’re a freelancer in Brazil or a small shop in Europe, Remittix (RTX) intends to sidestep the typical wire-transfer delays and hefty fees that can leave many feeling shortchanged.
If large partnerships or payroll integrations happen, some expect a strong bull run for this altcoin, possibly eclipsing the short-term upside in some well-known projects.
However, such an approach also speaks to the growing demand for cryptos that go beyond hype. By solving everyday remittance hurdles, Remittix (RTX) could be poised to capture a slice of the multi-trillion-dollar global payments market, drawing mainstream users who want less red tape and faster settlements.
As more people search for coins that promise both dependability and lasting value, Remittix’s real-world utility might set it apart in a crowded field, especially if the market heads towards a broader downturn.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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