BlackRock, the world’s biggest asset manager with over $10 trillion under its belt, made a serious move into Ethereum. The firm just bought 10,955 ETH, worth about $20.1 million, adding to an earlier $54 million ETH investment. That’s not a one-time thing, this looks like a clear bet on Ethereum’s future.
BlackRock also threw another $674.91 million into Bitcoin ETFs, showing it’s doubling down on the big players in crypto. But this fresh ETH buy? It’s got people thinking something big might be coming for Ethereum.
While Ethereum is grabbing headlines, one lesser-known altcoin is quietly gaining traction: Remittix. With its mission to simplify cross-border crypto payments, it could be the next big thing riding this bullish wave.
Ethereum price prediction: BlackRock’s buy sparks bullish energy
BlackRock just dropped another $20.1 million into Ethereum, grabbing 10,955 ETH – and it’s not even their first move. This adds to a previous $54 million ETH investment, making it clear they’re stacking ETH for a reason. At the same time, they’ve also pumped $674.91 million into the Bitcoin ETF.
You’d expect a jump in Ethereum’s price after that kind of news, and that’s exactly what happened. ETH was hovering around $1,860, with no major reaction. But after BlackRock stepped in, ETH went up by 40% and hit the $2,200 mark.
Earlier this week, Ethereum made a push toward $1,872 but couldn’t hold it. It dipped back to around $1,813, which is acting as short-term support. If we look at the history of ETH‘s price, ETH managed to move toward $1,925 and it finally broke the resistance. Right now, the Ethereum price prediction is looking bullish.
At this moment, Ethereum’s in a wait-and-see phase, but one thing’s clear: BlackRock is betting on ETH and that kind of institutional backing could light the fuse for a bigger breakout soon.
Remittix gains momentum as investors look beyond the top two
While Ethereum and Bitcoin dominate the headlines, smart investors are starting to pay attention to a smaller player making big moves, Remittix. This new PayFi altcoin is gearing up to shake up the world of cross-border payments and some are already calling it a potential rival to XRP.
What makes Remittix different? It lets people send crypto straight to a bank account, across 30+ fiat currencies. So even if someone doesn’t know the first thing about wallets or blockchains, they can still get their money easily. It’s fast, user-friendly and built for real-world use.
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Remittix also has tools for businesses. With its Remittix PAY API, companies can start accepting crypto payments using over 40 different cryptocurrencies, including stablecoins. This opens the door to global payments without the usual headaches.
Right now, Remittix is in presale and it’s moving fast. Over 70% of RTX tokens have already been sold, with $14.8 million raised so far. Analysts are buzzing about a possible breakout once the token hits exchanges.
If you’re looking beyond just ETH, Remittix might be one to watch. It’s got the tech, the use case and now, growing investor attention.
Conclusion
BlackRock’s big ETH move shows that the smart money is here and it’s not leaving. But while ETH holds steady, Remittix is heating up fast. With a real-world use case and a nearly sold-out presale, this PayFi altcoin could be the one everyone wishes they bought early.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
