Recent events in the cryptocurrency market have highlighted the growth of Ethereum and Bitcoin treasuries, as well as new solutions for the practical use of cryptocurrencies.
BTCS Inc.'s Treasury Expansion
Ethereum trades at $3,783.40, while BTCS Inc. boosts its corporate reserves by adding 14,240 ETH to a total of 70,028 ETH (approximately $270 million). Company CEO Charles Allen emphasizes that this strategy strengthens confidence in Ethereum's network security and long-term value.
Metaplanet's Bitcoin Accumulation
Bitcoin holds near $117,657 following the purchase of 780 BTC by Japanese firm Metaplanet, which now commands 17,132 BTC (around $2 billion). This move underscores the growing interest of major international investors in Bitcoin as an asset that can serve as a hedge against macroeconomic risks.
Innovative Payment System Remittix
Remittix offers a unique approach to the practical use of cryptocurrencies, featuring a PayFi protocol that converts over 40 cryptocurrencies into fiat transfers across 30 countries with subsequent settlement stability. The system's unique features promise transparent fees and enterprise-level security.
The treasury strategies of BTCS and Metaplanet illustrate sustained interest in Ethereum and Bitcoin as digital reserve assets. However, the emergence of Remittix with its PayFi system introduces new opportunities for cryptocurrency use in everyday payments and may change perceptions of these currencies.
