We have had considerable price movements in the crypto sector in the past few weeks, especially as Bitcoin took the initiative to drive the crypto market cap upwards. Now, the Bitcoin price has sparked a big break on other token charts, including Ethereum’s. Ethereum’s also got news of its own, as the bullish wave continues, but there’s an upcoming crypto project stealing attention in the headlines. Could BTC and ETH whales be moving on to the next 100x crypto? Bitcoin: trailblazer in correction mode? The Bitcoin news for about a month now revolved around the top token’s price, as the BTC price kept setting and resetting its all-time high for almost two weeks. It was interesting to find Bitcoin rising from its $103,000 valuation at the start of July, but its eventual destination at $123,000 was quite unexpected. While hype played its part in driving the BTC price that high, Bitcoin was already set for the top. Market correction has taken over now, as Bitcoin currently trades at about $118,000. Bulls could take it further, up to its ATH, but the bears are still lurking. Ethereum news: BlackRock buy adds to bullish ETH As expected, Ethereum joined the bullish train started by Bitcoin, eventually reaching $3,780 in the past month. The ETH price has gotten a 53.7% boost on the monthly timeframe, but it’s not all down to Bitcoin. BlackRock has recently added to the bullishness on Ethereum, buying up to $440 million worth of ETH tokens in anticipation of spot ETFs on Ethereum. It’s been all bullish for the top altcoin since then, even though some whales might be headed elsewhere. Profit taking has been rife on both Bitcoin and Ethereum and one wonders where the next sensation is at. Remittix is a new DeFi project with potential for 100x–that could be an option. PayFi drama: Remittix Vs Ripple It could be a rollercoaster two weeks in the crypto market, with new PayFi token Remittix taking on crypto payment giant Ripple. XRP has been at the forefront of crypto cross-country payments, but Remittix is a crypto offering different utilities. The top utility is enabling users to transfer their crypto tokens into fiat bank accounts directly, without any need for an intermediary. No exchanges, no extra fees; just send your crypto tokens into any fiat account you want around the world. That use case throws a lot of crypto utility into perspective, as Remittix is opening the door to crypto-fiat transfers. In fact, the new project is building a bridge between cryptocurrency and fiat currencies, one that you will be able to access through the Remittix Web3 wallet. The app is in beta testing mode, but launch is approaching fast. You want to be prepared for that. Get on the Remittix profit train The tokens only cost $0.0876, but that won’t be for long. Head to the Remittix page, get some RTX and settle for the returns from the upcoming launch. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/Remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post ETH vs BTC: the battle for profits continues, but have ETH, BTC whales switched focus? appeared first on Invezz
