Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Politics

Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto?

admin by admin
January 23, 2025
in Politics
0
Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto?
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Bank of America chief executive Brian Moynihan signalled big banks’ readiness to embrace cryptocurrencies in a recent interview.

All they need, he argued, is a more accommodative stance on crypto from US regulators.

His comment suggests banking giants see remarkable potential in the blockchain technology – one that a recently launched platform, Remittix, is tapping on already to disrupt the financial service industry.

That’s what makes the proposition of investing in its native RTX token an exciting one for 2025.

Remittix could disrupt the payments industry

BofA leader has already acknowledged the possibility of a future where cryptocurrencies would be widely accepted as means of payment for everyday purchases.

Meanwhile, Remittix has set out to change the digital payments landscape with the use of blockchain technology.

It’s committed to making cross-border transactions faster and more secure.

The idea is clearly sitting well with the investment community considering the RTX token’s presale has raised more than $5.4 million within a matter of days.

Note that solid initial demand of an investment asset tends to be a sign of future potential and significant gains ahead.

Click here if you’d like to dive deeper into the broader mission of Remittix.

SEC’s new crypto task force could help RTX coin

Investing in the RTX coin could prove to be a lucrative venture moving forward also because the US Securities & Exchange Commission has already launched a crypto task force.

The new initiative aims at laying out a comprehensive and clear set of rules for cryptocurrencies – and is more broadly a confirmation that the Trump administration intends to make good on its promises of pro-crypto policies in 2025.

As the government continues to make moves that enable mainstream adoption of cryptocurrencies, investors will likely turn more to blockchain-enabled platforms like Remittix.

You can learn more about building an early position in the native RTX coin on this link.

What else could be a tailwind for RTX in 2025?

The new era of financial services that Remittix intends to unlock or what it calls the “PayFi revolution” is big enough total addressable market.

In fact, Statista forecasts the digital payments market to grow at an impressive compound annualised growth rate of close to 16% through the end of this decade.

Finally, the broader crypto tailwinds like prospects of more rate cuts this year and an increased institutional adoption on the back of exchange-traded funds could help increase the price of RTX token in the coming months.

Note that RTX is yet to go live on a crypto exchange.

So, the potential upside that typically unlocks when a crypto coin lists on an exchange is an event this native coin is yet to experience.

More information on Remittix and its native RTX token are available on the project’s website.

The post Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto? appeared first on Invezz

Previous Post

Look who’s back

Next Post

From zero to a million: Bybit Card gains global traction, ushering in new era of crypto payments

admin

admin

Next Post
From zero to a million: Bybit Card gains global traction, ushering in new era of crypto payments

From zero to a million: Bybit Card gains global traction, ushering in new era of crypto payments

Trending News

Apple and Meta face €1.8B enforcement action for EU DMA breaches

Apple and Meta face €1.8B enforcement action for EU DMA breaches

April 23, 2025
Shizuoka Gas acquires US shale stake from Tokyo Gas in $130M deal

Shizuoka Gas acquires US shale stake from Tokyo Gas in $130M deal

February 21, 2025
General Motors (GM) stock price forecast ahead of Trump tariffs

General Motors (GM) stock price forecast ahead of Trump tariffs

November 27, 2024
Subscribe to Insightful Word


    Recent News

    Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap

    Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap

    May 11, 2025
    Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco

    Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco

    May 11, 2025
    JPM analyst explains what could push gold prices up to $6,000

    JPM analyst explains what could push gold prices up to $6,000

    May 11, 2025
    LATAM crypto wrap: Bolivia regulates FinTech as El Salvador’s BTC holdings top $625M

    LATAM crypto wrap: Bolivia regulates FinTech as El Salvador’s BTC holdings top $625M

    May 11, 2025

    Recent News

    Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap

    Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap

    May 11, 2025
    Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco

    Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco

    May 11, 2025

    Latest News

    • Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap
    • Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco
    • JPM analyst explains what could push gold prices up to $6,000

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.