The market is moving wild, and recent crypto news has helped smart investors stay ahead of the curve. Bitcoin and top altcoins are facing harsh realities. Bitcoin's price broke below $89k, and Ethereum and Solana followed the same suit amid hawkish Fed fears. However, Remittix is defying the odds with its PayFi solution dominating presale. Without further ado, here are the latest must-know crypto news and updates.
One of the most important crypto news headlines is the recent introduction of a new PayFi cross-border remittance solution with Remittix. This new trailblazer is redefining financial transactions and cross-border remittance by creating a seamless way for anyone to bridge fiat and crypto transactions across borders.
Remittix is reducing centralized pitfalls to create a geographically inclusive financial institution that caters to all. Imagine a seamless, efficient, and highly secure bank that anyone can access. Well, Remittix has made this a reality. Security is a top priority for Remittix.
Remittix's PayFi shines with its versatility in payment methods. There are over 50 crypto options and dozens of fiat currencies for individuals and businesses. That's why its presale has gone viral. Over $2.7M was raised within days to support a vision that helps the people. The heat is still on with the price at just $0.0207, and analysts predict it could be over $1 soon.
Bitcoin's price has been on the edge since 2025 came rolling in. The US jobs report triggered a downtrend, which took Bitcoin's price with it. Despite this, Grayscale's research director, Zach Pandl, insists the outlook for Bitcoin remains structurally bullish.
Historically, Bitcoin slumps in January are common in post-halving years. However, Grayscale and market analysts remain optimistic that favorable regulatory shifts and institutional interest can help propel the Bitcoin price to new ATH.
The Bitcoin drop took a toll on Ethereum. The altcoin experienced the largest liquidation this year, with $171M worth of open positions blotted out. According to Coinglass, the dramatic turn makes Ethereum the biggest loser among the top 10 cryptos.
Ethereum's failure to hold the crucial psychological support at $3,200 exacerbated the fall. Technical analysts now predict a potential drop to $2,850 as bearish sentiment prevails. Despite this, trading volume surged 170%, signaling increased market activity.
The past few days have also been a bloodbath for Solana. Recent Coinmarketcap data shows Solana reeling, and this month is no different. In recent crypto news, Solana fell below $175 for the first time in two months as fears of tighter monetary policies pushed traders into a selling frenzy.
Technical indicators suggest that SOL’s oversupplied market could face further declines. The recent dip broke below the critical support level at $170, and the token briefly hit $168, its lowest since November 2024.
Recent crypto news has been a bittersweet tale of a general market drop and Remittix's success. Major players are having a hard time maintaining their stand as bearish crypto news swirls. However, Remittix sets a new standard for cross-border transactions, earning investors' trust and raising over $2.8 million in its presale.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix