Bitcoin has seen continuous support from institutional players, with BlackRock reportedly buying for 16 days in a row. This is reinforcing bullish sentiment as the market anticipates new all-time highs. The momentum is also affecting other major assets, with the Ethereum price showing signs of steady growth. Remittix, a newer player in the market, is also gaining attention as capital flows shift toward promising altcoins.
Remittix Is Building the Payment Layer Crypto Promised
Remittix is gaining attention for its focus on utility in the crypto-to-fiat space. It allows users to convert major crypto assets like BTC and ETH into fiat and send them directly to global bank accounts. The process is streamlined, with flat fees and no added foreign exchange charges.
Its main appeal lies in how easily it fits into everyday financial activity. Crypto holders can manage payments without needing their recipients to know the transaction started in digital assets. That design will likely gain interest from businesses, especially with the Remittix Pay API offering custom payment routing and fiat settlement options.
Remittix’s value grows stronger in markets where remittance services are still expensive and slow. As blockchain adoption rises and platforms seek scalable solutions, Remittix could become a standard tool in regions underserved by traditional finance.
Support for over 30 fiat currencies and more than 50 crypto pairs gives it flexibility few rivals offer. If integrations continue across payment platforms and merchant tools, its network effect could widen. Market analysts looking for sustainable infrastructure in crypto will likely track Remittix closely as the year unfolds.
BlackRock Marks 16 Days of BTC Buys, Signals Long-Term Conviction
BlackRock has extended its aggressive Bitcoin accumulation streak to 16 consecutive days, recently adding another $430 million worth of BTC to its holdings. Notably, there have been zero outflows from BlackRock’s Bitcoin ETF throughout this period. This sustained inflow signals a long-term positioning strategy rather than short-term speculation.
Meanwhile, Bitcoin’s illiquid supply has climbed above 14 million BTC, according to the latest on-chain data. This metric tracks coins held in wallets with minimal historical selling activity, indicating that a growing portion of BTC is being locked away by holders unwilling to part with their assets. The result is a supply squeeze that may compound price volatility during bullish inflows.
Source: CoinMarketCap
Ethereum Price Approaches Key Resistance With Bullish Momentum Returning
Ethereum is on the surge again after its June 23 slump. According to the charts, Ethereum remains one of the few major Layer 1 assets consistently showing structural strength despite volatility. Market sentiment has also improved with recent stabilization that has given ETH room to breathe.
A key focus for crypto traders is Ethereum’s ability to reclaim and hold the $2,800 level as support. So far, price action has aligned with historical patterns of recovery and current volume trends reinforce a narrative of growing accumulation. If bulls can maintain momentum through the current ETH resistance, technical models point to a potential run toward higher mid-range targets.
Source: CoinMarketCap
Conclusion
As institutional money floods into BTC and ETH, retail investors looking for meaningful upside may find their best bet in infrastructure tokens like RTX. With low fees, strong API tools and broad fiat coverage, Remittix is becoming the solution to PayFi potholes. At $0.0811, this isn’t a moment to watch. It’s a moment to act.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
