Business

Family offices assistants earn as much as $190,000 a year

Published

5 hours ago

January 22, 2025

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Good help is hard to find. Family offices, the private investment firms of the ultra-wealthy, are increasingly willing to pay extra for it.

The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff. While compensation depends on the size and scope of the family office, executive assistants now often command base salaries exceeding $140,000, according to three recruiters who spoke to CNBC. This is well above the industry average of $81,500 for a senior executive assistant post, per staffing firm Robert Half.

There are about 8,000 single-family offices worldwide with nearly 3,200 in North America, according to a survey by Deloitte Private. Family office administration roles can come with sweeping responsibilities well beyond typical duties like compiling expense reports and managing correspondence. Mandates to organize travel for the entire family or coordinate household staff at multiple personal residences, for example, are frequently fair game.

“You will have to do anything for this person, and you don’t know what that will be,” said Jonathan Hova, recruiter and senior vice president at Career Group. “If a pipe bursts in Southampton in January, that’s where you’re going.”

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The median base salary for executive assistants at family offices is $100,048, according to a survey of 436 family offices and family investment firms by Botoff Consulting.

And, the larger the family office, the more executive assistants can expect to be paid. At family offices with at least $2.5 billion in assets under management, that median pay is about 35% higher, the survey found.

That’s before annual bonuses, which typically range from 10% to 20% of the base salary, according to Botoff.

The top 10% of administrative assistants at family offices regardless of size make $188,800 with a 20% bonus, according to the survey. Among the largest family offices, which are more likely to use long-term incentive plans, the top 10% of assistants can see all-in compensation of up to $240,000.

“Certainly for some families there is going to be some sticker shock,” said Trish Botoff, founder and managing principal of Botoff Consulting. “But I think they also find that when they can control services that are being provided, how it’s being done, who it’s being done by, they’re much happier with the results they get.”

Executive assistants to family offices are often required to travel with the executives they support, both on personal and professional trips.

Recruiter Dawn Faktor Pincus is looking to hire an executive assistant who will travel with the family office principal at least once a month, including on holidays. She estimated the total compensation for the role would top $200,000 between a $170,000 base salary, travel pay and sign-on and yearly bonuses.

The travel and time commitment are just part of why the role pays so much, said Faktor Pincus, a senior recruiter at Howard-Sloan Search. These ultra-rich employers are often picky, desiring candidates with top-tier or Ivy League degrees or previous experience working with high-net-worth individuals, which comes at a premium, she said. For one family office desiring an executive assistant with a creative background, she placed a graduate of a prestigious university who was an aspiring novelist.

“It’s a small pool,” Faktor Pincus said.

Most of these family offices desire at least five years of related experience with some requiring at least eight to 10 due to the complexity of the role, according to recruiter Fira Yagyaev of Larson Maddox.

“They are really in the weeds of what the family experiences day to day so it is probably one of the most crucial hires,” said Yagyaev, head of wealth management, trust and family office services at the recruiting agency.

At the same time, these accomplished assistants are expected to take on any task, big or small, without complaint. Hova said executive assistants can expect at least 10% of their work to verge on personal assistant duties.

“It is always a service role,” he said.

Plus, the work comes with thorny personalities, said Faktor Pincus.

“A lot of times the ultra-high-net-worth individuals could be difficult,” she said. “People don’t become as successful as they are by being so nice and sweet.”

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CryptoCurrency

TRON H2 2024: Dominating Stablecoin Ecosystem While Pioneering New Horizons

Published

3 minutes ago

January 22, 2025

News@Admin

TRON H2 2024: Dominating Stablecoin Ecosystem While Pioneering New Horizons

The second half of 2024 was a milestone period for the TRON network. It achieved record-breaking performance across key metrics, saw $TRX reach all-time highs, and experienced a surge in ecosystem activity driven by memecoin activity. Let’s break it all down.

Key Highlights

TRON led in the Price-to-Revenue ratio, maintaining a top-three position throughout the period.
Fundamental blockchain metrics demonstrated TRON’s strength and competitiveness.
A successful “vampire attack” on Solana attracted significant attention to the TRON ecosystem.

$TRX Reaches a New All-Time High

The native token of the TRON blockchain demonstrated significant growth in early December, setting a new all-time high at $0.416. As of early 2025, the token’s price is trading at $0.225.

At this price level, 94% of wallets holding $TRX are in profit.

Historically, $TRX has shown consistent upward price momentum. The token’s value generally increases over time, with major price drops occurring only after exponential growth cycles, which typically happen every four years. Importantly, the price has never returned to the previous lows of earlier cycles.

This price behavior sets $TRX apart from many other large-cap altcoins, as holders of $TRX tend to remain in profit for a significant portion of their holding period.

TRON Leads Across Plenty of Fundamental Metrics

The driving force behind TRON’s price behavior lies in its blockchain metrics. Among these, the price-to-revenue ratio stands out as a crucial indicator for fundamental analysis.

Notably, at the start of the second half of the year, before the native token’s price surge, TRON led the market with the lowest price-to-revenue ratio of 26.7. (The lower the ratio, the higher the project’s revenue relative to its market capitalization.) While such a ratio is fairly common in the technology sector of the stock market, it is considered exceptional in the cryptocurrency market.

After the exponential price growth, the ratio has shifted, but TRON still remains among the leaders in this metric.

More than that, TRON has emerged as the most cost-efficient L1 blockchain in 2024, spending just $0.85 for every $1 generated in fee revenue. This stands in contrast to Aptos, which spent over 300 times more on incentives than it earned in fees. Bitcoin, with its Proof-of-Work model, spent $80B on miner incentives while generating $6.6B in transaction fees.

Additionally, in terms of absolute revenue, TRON ranks second after Ethereum. Ethereum, TRON, and Solana are the undisputed leaders in revenue generation among blockchains, accounting for over 95% of the total revenue generated by projects in this category.

The TRON network has solidified its leadership in the number of addresses interacting with stablecoins. TRON is the most popular network for users transferring stablecoins between centralized exchanges. This success can be attributed to several factors:

High reliability: The network is proven both over time and by the volume of assets it handles.
Cost-efficiency: TRON provides one of the most cost-efficient solutions for stablecoin transactions, making it an attractive option for users across various demographics.
Broad support: The network is supported by nearly all centralized exchanges.
Unique resource mechanism: TRON’s unique dPOS model, coupled with its Energy and Bandwidth resource system, offers cost savings and efficiency. This design is highly appealing for both individual users and payments platforms.
Active Network Participation: TRON dPOS Staking & Voting system keep retail & investors involved in the Network from both technological and investment reasons.

In terms of stablecoin transfers, TRON ranks third, with a total of 3 trillion USDT in transfers for the second half of 2024—just slightly behind Ethereum and Solana.

In the second half of 2024, 5 billion USDT were minted and burned on the TRON network, resulting in a stablecoin volume that remained relatively unchanged despite minor fluctuations.

Returning to the overall metrics, TRON ranks among the top three in terms of active addresses for the second half of 2024.

Additionally, during this period, TRON ranks among the top three blockchains in terms of transaction volume.

As for the Total Value Locked (TVL) metric, in the second half of 2024, TRON lost some ground to BSC and the rapidly growing Bitcoin ecosystem, driven by restaking protocols. However, it still remains in the top five.

Thus, TRON is a leader among blockchains across several key metrics, thanks to its strong product-market fit in the stablecoin segment.

However, there was one highly popular market segment where TRON did not achieve significant success in the past half-year: the memecoin sector. Well, in the second half of 2024, Justin Sun and his team decided to make up for lost ground and managed to pleasantly surprise the market.

The Memecoin Summer on TRON

By mid-2024, it became clear that pump.fun on the Solana blockchain — a platform where anyone could launch their own token in just a few clicks and almost for free — was the most prominent and successful project of the cycle. It had already generated massive revenue and attracted significant attention. As a result, on August 13, a similar platform called SunPump was launched on the TRON network. Its name was a nod to its origin, and it was built on the AMM protocol SunSwap, with its smart contracts actively powering the platform. Despite initial skepticism, SunPump quickly proved to be serious competition for pump.fun, especially in its first month of operation.

In fact, the meme tokens launched in the early days on SunPump surpassed those previously launched on pump.fun.

Within a month, the pace of token launches on the platform and their average market performance naturally stabilized, reflecting a shift toward a more sustainable growth phase.

This trend is not uncommon in the crypto industry, where the “first-mover” effect often gives established platforms an initial edge. However, this also provides an opportunity for new platforms, like TRON’s SunPump, to innovate further and differentiate themselves from older, more familiar platforms as they continue to evolve.

Illicit Activity Mitigation

In August 2024, TRON, Tether and TRM announced the establishment of The T3 Financial Crime Unit (T3 FCU) – a сollaboration aimed at reducing illicit activity in the blockchain industry. In just six months, they managed to freeze over $100 million in criminal assets globally, marking a significant milestone in its fight against cryptocurrency-related financial crime. The TRON network, in particular, experienced the most significant decline in illicit activity, with volume dropping by $6 billion and the proportion of such activity nearly halving. The unit has worked closely with law enforcement agencies worldwide to disrupt criminal networks involved in money laundering, investment fraud, blackmail, terrorism financing, and other serious financial crimes.

New Year, New Challenges for the Ecosystem

One promising market narrative TRON has only begun to explore is the integration of AI technologies. With the innovative track record of Justin Sun and his team, 2025 promises to be a transformative year for TRON in this space. Building on their success with fair launch platforms for meme tokens, we are confident they will introduce groundbreaking applications or creatively adapt existing solutions to position TRON as a leader in the AI-crypto synergy.

Moreover, we are already seeing the first signs from TRON DAOitself. On January 7, the official Twitter (X) account of TRON DAO posted a poll asking users which use cases they find most interesting for AI technologies within the crypto industry.

Just a few days later, they reposted a post from the account @JustinMoonAI – a community project featuring an English-speaking AI agent who hosts a 24/7 livestream, interacting with visitors on the website. The agent’s name and some aspects of their appearance clearly reference the founder of the TRON blockchain.

Additionally, on January 10, the TRON blockchain became available as an interaction network in the EternalAI protocol, a multi-chain platform for launching tokenized AI agents.

Output

The TRON network is one of the earliest blockchain technologies launched by human civilization. Over its more than 6 years of existence, it has established itself as a reliable decentralized infrastructure and has become the go-to solution for stablecoin transfers – arguably the most significant use case in the crypto industry. The charismatic figure of Justin Sun has given the project high recognition and visibility, and since Sun is an independent player in the market, it provides certain freedoms in project development. For instance, Justin Sun was able to initiate the creation of SunPump, leading it to a brief yet notable success. We believe that the initiative and persistence of the ecosystem’s leader will continue to pave the way for its success, and the market clearly agrees with our optimistic outlook, consistently raising the blockchain’s valuation through its native coin.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Business

Supermarkets back UK farmers in their fight against inheritance tax changes

Published

6 minutes ago

January 22, 2025

News@Admin

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Major supermarkets Tesco and Lidl have come out batting for UK farmers, calling for Prime Minister Sir Keir Starmer to pause his inheritance tax reforms or else put the sector’s future at risk.

British farmers have taken to the streets in London in recent months to protest against the changes to inheritance tax reliefs announced in the October Budget, which will end decades of exemption from death duties.

The reforms mean landowners will from April 2026 be subject to a 20 per cent levy on agricultural land above a threshold of between £1.3mn and £3mn, depending on whether they are married and if they own a home.

Ashwin Prasad, Tesco’s chief commercial officer, on Wednesday said the UK’s biggest supermarket “fully understand[s]” concerns raised by “many smaller farms” that were reliant on agricultural property relief and business property relief.

“We’ll be supporting the National Farmers Union’s calls for a pause in the implementation of the policy, while a full consultation is carried out,” he added. “This is not just a debate about individual policies — the UK’s future food security is at stake.”

Lidl said it was “concerned that the recent changes to the IHT regime will impact farmer and grower confidence and hold back the investment needed to build a resilient, productive and sustainable British food system”.

Meanwhile Co-op Dairy Group, a group of milk suppliers, told members in a letter that it had “directly contacted relevant government departments to communicate our hope that they will look again at the impact of the . . . changes” and said it backed calls to pause implementation of the policy.

Supermarkets themselves have drawn fire from farmers, with tractors this month parked at a number of major retailers around the country to raise awareness of the impact of the tax changes. On 16 January, supermarket Morrisons was granted a High Court injunction to block further protests.

Prior to the October Budget, farm campaign groups slammed supermarkets for squeezing their margins with low food prices and undercutting them by not backing homegrown produce.

Earlier on Wednesday, the Office for Budget Responsibility released a short costing of the IHT policy, estimating that it would raise an extra £500mn for the Treasury annually between 2027 and 2029, in line with the government’s estimates.

But the fiscal watchdog noted that receipts would probably taper off after seven years as farmers increasingly gifted their properties to children and modified their tax planning strategies.

The OBR also suggested that it would be “more difficult for some older individuals to quickly restructure their affairs” in terms of inheritance planning to adjust to the new measures.

Victoria Atkins, Conservative shadow environment secretary, said the government had “chosen to destroy British family farming for little return. The OBR is clear that it will be near impossible for older farmers to restructure their affairs quickly in response to this vindictive tax.”

Farmers say the sector was struggling with the pressures of climate change, real-term cuts to subsidies, high inflation, wafer-thin margins and the prospect of increased competition as the UK strikes post-Brexit trade deals before chancellor Rachel Reeves announced the IHT changes.

The exemption was introduced in the 1980s to allow farms to remain in the same family after the death of an owner, a trend that many have warned will become much harder. However, it has helped push up the price of fields as wealthy individuals have bought agricultural land as a form of legal tax avoidance.

Farmers looking to pass on their estate, and their spouses, are each eligible for £1mn of relief before they start paying IHT on their land, on top of the usual inheritance allowances.

Given that couples already enjoy a threshold of £1mn on their estates that means that two spouses would enjoy a threshold nearer to £3mn, officials have noted.

A government spokesperson said: “Our reform to agricultural and business property reliefs will mean estates will pay a reduced effective inheritance tax rate of 20%, rather than standard 40%, and payments can be spread over 10 years, interest free.

“This is a fair and balanced approach, which fixes the public services we all rely on, affecting around 500 estates next year.”

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Technology

This is the Samsung Galaxy S25 Edge

Published

7 minutes ago

January 22, 2025

News@Admin

Samsung just teased the Galaxy S25 Edge — the new ultra-slim entry into the Galaxy S25 lineup. The phone isn’t out yet, and Samsung hasn’t provided any details, but now we know it’s real. And we have pictures.

Like pretty much every phone, it’s a thin silver slab. It’s got two cameras on the back, rather than the three cameras you’d get with other S25 phones. The Edge is rumored to measure just 6.4mm thick, but my colleagues Allison Johnson and Vjeran Pavic, who are on the ground at Galaxy Unpacked and took the below photos, weren’t able to actually hold or measure the device to confirm.

We’re trying to get closer so we can show perspective, but the place is mobbed with people. There’s a lot of excitement about this phone. By comparison, though, the regular Galaxy S25 is 7.2mm thick. So, it’s… even thinner.

Here are some of the pictures we took:

Photo by Vjeran Pavic / The Verge

Photo by Allison Johnson / The Verge

Update, January 22nd: Added more photos.

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CryptoCurrency

Hollywood directors say Ross Ulbricht documentary is in post-production

Published

12 minutes ago

January 22, 2025

News@Admin

The Silk Road founder received a commuted sentenced from US President Donald Trump on Jan. 21 after being sentenced to life in prison in 2015.

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Business

Happy With Interval Funds: Cathie Wood

Published

17 minutes ago

January 22, 2025

News@Admin

Ark Invest CEO and CIO Cathie Wood says she’s “very happy with the interval fund structure” and it “seems to be a better wrapper” for public, private funds. She speaks with Scarlet Fu, Katie Greifeld and Eric Balchunas on “ETF IQ.” (Source: Bloomberg)

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CryptoCurrency

Inheritance tax raid on pension pots to ‘punish’ bereaved families on low incomes

Published

18 minutes ago

January 22, 2025

News@Admin

Inheritance tax raid on pension pots to 'punish' bereaved families on low incomes

Pension advisers and wealth management chiefs have issued stark warnings to the Treasury over plans to apply inheritance tax (IHT) to pension funds, cautioning that the proposed changes could cause severe delays and increased costs for bereaved families.

The changes, announced by Chancellor Rachel Reeves in her autumn Budget, aim to raise £1.5billion annually for the Treasury by 2030 by making pension funds part of inherited estates.

Industry leaders have described the proposals as “flawed and potentially damaging” in responses to Government consultations closing this week. The Government estimates its proposals will bring approximately 1.5 per cent more estates within the scope of death duties by 2027-28.

This increase comes on top of the four per cent of estates that already exceed the £325,000 nil-rate band. The threshold can rise to £500,000 in cases where a property is passed on.

Under the new proposals, personal representatives of inherited pension funds would need to identify the funds and calculate any inheritance tax owed, considering other assets in the estate.

Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.

The Government is making changes to inheritance rules impacting pensions

GETTY

Pension scheme administrators would then be responsible for paying the inheritance tax before releasing the funds. The Society of Pension Professionals has warned that the government’s plans “impose unrealistic and impractical timescales”.

The trade association expressed concern about interest charges and penalties that could be imposed on pension scheme administrators for delays “over which they have little or no control”.

Steve Hitchiner, chair of the Society of Pension Professionals (SPP), said issues relating to the reporting and payment of inheritance tax on pensions was “vitally important”. He added that the current proposals “will result in numerous problems and challenges which could be largely avoided”.

Chief executives from major UK wealth managers, including Interactive Investor, Quilter and AJ Bell, have written directly to Reeves about their concerns over the looming raid from HM Revenue and Customs (HMRC).

Worried pensioner and inheritance tax written on calculator

Britons are preparing for drastic changes to inheritance tax rules GETTY

In their letter, seen by the Financial Times, they warned: “The complexity of the proposed approach, namely bringing all pensions into estates for IHT, will lead to substantial delays paying money to beneficiaries on death and cause distress for bereaved families.”

The executives called on the Government to “work with the pensions industry to agree a simpler method of achieving the policy aim”. Under current rules, inherited pensions can be paid more quickly to beneficiaries and used for urgent expenses like probate costs and funeral charges.

Anna Rogers, a senior partner at Arc Pensions Law, warned that the new process would disproportionately affect those with lower incomes. “The (new) process is complicated and it will punish lower earners,” she said.

“Wealthy people don’t need the money quickly . . . it seems the harm will be disproportionately to those who aren’t wealthy and those who die young.” Lawyers have expressed particular concern about the six-month window between death and the inheritance tax payment deadline.

Jeremy Harris, the partner at Fieldfisher, noted that pension scheme rules typically allow two years to pay death benefits, highlighting potential timing conflicts. He said: “There may be a need to sell assets to pay the tax, but there might be cases of people not being able to pay, for example if a property needs to be sold.”

Death in service benefits could face significant inheritance tax bills in cases where they are part of registered pension schemes. “It’s got the potential to be quite a mess . . . at some point there will be a backlash,” Harris added.

LATEST DEVELOPMENTS:

Person looking at pension savings on laptop

Britons are being warned about the looming inheritance tax raid

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Kate Smith, the head of public affairs at Aegon, highlighted a lack of clarity over what falls within scope of the changes. She noted that “nobody thinks [the proposals] will work”.

The Treasury defended its position, stating: “We continue to incentivise pensions savings for their intended purpose of funding retirement instead of them being openly used as a vehicle to transfer wealth.”

The SPP has suggested alternative approaches, including leaving the calculation and payment of inheritance tax to personal representatives and HMRC.

Alternatively, they proposed that benefits could be taxed at the full 40 per cent rate and paid promptly by scheme administrators in cases where pensions are subject to inheritance tax. These alternatives aim to address the industry’s concerns while maintaining the government’s revenue objectives.

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Technology

Samsung Unpacked: Samsung’s Galaxy S25 will support Content Credentials to identify AI-generated images

Published

19 minutes ago

January 22, 2025

News@Admin

Samsung Unpacked: Samsung’s Galaxy S25 will support Content Credentials to identify AI-generated images

Another tidbit just dropped following Wednesday’s Samsung Unpacked event. This one comes courtesy of Adobe, which notes that the new Galaxy S25 line will be the first handsets to support the Content Credentials standard, aimed at labeling AI-generated content as such.

The Coalition for Content Provenance and Authenticity (C2PA) group — of which Samsung is now officially a part — describes the standard as a “nutrition label for digital content.” The information presented includes how the content was generated and edited, as well as if any generative AI technologies were used in the process.

The standard arrives amid increasing concern around AI’s ability to propagate fake news and other misinformation. In addition to its presence in still images, it will be extended to include video, audio, and documents.

Content Credentials can be found in an image using Adobe’s Content Authenticity tool, which is now in beta.

Along with Samsung and Adobe, the C2PA includes some top names from media, social media, AI, and hardware, including Google, Intel, Microsoft, OpenAI, Amazon, BBC, Meta, Sony, Publicis, and Truepic.

The Galaxy S25 line is now up for preorder and set to start shipping February 7.

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Business

Trump’s 80% stake in his memecoin is a ‘huge red flag’ for investors because of a potential rug pull that would rocket the president’s net worth

Published

28 minutes ago

January 22, 2025

News@Admin

Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says. Read More

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Technology

Keep Your PC Running Like New for $15.99

Published

30 minutes ago

January 22, 2025

News@Admin

TL;DR: Get the Ashampoo WinOptimizer 27 lifetime license for just $15.99 to boost your PC’s speed, protect sensitive data, and fix errors.

In any professional environment, system performance matters. Ashampoo WinOptimizer 27 offers one-click solutions to keep your Windows PC fast, clean, and secure — without recurring subscription fees.

Whether you’re managing large datasets, running resource-intensive software, or just ensuring your system remains stable during critical tasks, this tool can help. For just $15.99 (reg. $55), unlock a lifetime license to a powerful suite of tools designed to optimize, protect, and prolong your PC’s lifespan.

It’s common sense that your PC’s performance directly impacts productivity. Laggy systems, unnecessary files, and unaddressed privacy vulnerabilities slow down workflows and increase security risks. WinOptimizer 27 offers more than 30 optimization modules to help your system operate at peak performance.

This tool isn’t just for casual users — IT professionals, developers, and business owners can benefit from its automated cleanup, advanced diagnostics, and privacy protection features.

The Crash Analyzer module identifies system crashes and their causes, providing actionable insights to prevent future issues. Meanwhile, the Privacy Traces Cleaner helps secure sensitive data, especially when working with client information or proprietary business data.

One of the features that professionals can lean into is Process Prioritization. WinOptimizer automatically allocates system resources to your most important tasks; this means that whether you’re rendering videos, compiling code, or running data analysis, the tool adjusts your PC’s performance to match your workload. Plus, the Live Tuner speeds up application launches, allowing you to save time and avoid downtime.

The tool also offers SSD optimization to prolong your solid-state drive’s lifespan, which is crucial for professionals relying on fast storage solutions. Additionally, with the Tuning Assistant, you get custom optimization profiles that fit your exact needs, whether you’re focusing on gaming, development, or general office work.

Don’t miss trying out the Ashampoo WinOptimizer 27 lifetime license while it’s on sale for just $15.99 (reg. $55).

Prices and availability are subject to change.

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CryptoCurrency

Investors shift from Cardano and Shiba Inu to this new crypto with 50-100x potential

Published

36 minutes ago

January 22, 2025

News@Admin

Investors shift from Cardano and Shiba Inu to this new crypto with 50-100x potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Investors pivot from Cardano and Shiba Inu to Remittix, eyeing 50x-100x growth in global payments solutions.

A seismic shift in the crypto market is occurring as investors look away from established players like Cardano (ADA) and Shiba Inu (SHIB), setting their sights on a new token with 50x to 100x potential.

This fresh PayFi project, Remittix, is drawing attention for its unique technology and applications, as it seeks to solve inefficiencies in the lucrative global payments market. So why is Remittix seeing so much attention and why are Cardano and Shiba Inu holders taking note?

Cardano’s short growth spurt is stopped abruptly

Cardano came into 2025 on strong footing after a rally in November and December, before wobbling its way through early January. Though Cardano saw many fluctuations in this time, Cardano’s value saw a net increase, rising by 9.9% in the last 30 days. This came off the back of the successful release of Node v.9.1.1, which fixed issues related to the Conway era and improved transaction reliability.

The blockchain’s push toward decentralization remains on track, with plans for a community-driven governance system in 2025. Cardano’s price has now plateaued after its short lived growth spurt and the asset even saw a minor loss today. Its steady pace has left some investors seeking faster, higher-growth opportunities.

Shiba Inu: Meme magic losing momentum?

Shiba Inu has posted losses on monthly, weekly and daily timeframes, putting the price of Shiba Inu down to $0.00002083 with a most recent loss of 2.3% over the past week. This bleak price outlook makes Shiba Inu’s ATH of $0.00008845 in 2021 seem like it happened in a different universe altogether.

Although Shiba Inu’s popularity grew from its passionate community and meme appeal, recent losses have seen its appeal dwindle. These losses aside, some good things have come out of Shiba Inu’s developer team recently, such as tweaks to Shibarium and a pivot into NFTs that might pay dividends for Shiba Inu down the road.

Transforming global transactions

With Remittix, users can convert more than 40 cryptocurrencies into fiat currencies and transfer funds seamlessly to bank accounts worldwide. Unlike conventional systems weighed down by high fees and extensive delays, Remittix provides a cost-effective and efficient alternative.

Featuring flat-rate fees and clear pricing, the platform removes hidden charges and variable conversion rates, ensuring recipients receive the full intended amount. Whether it’s individuals sending money to family abroad or businesses handling global payments, Remittix delivers a reliable and efficient solution.

This approach resonates with both individuals and businesses, especially those seeking predictable and transparent cost structures for international transactions. By emphasizing simplicity and fairness, Remittix is building trust and appealing to users who value transparency in their financial activities.

Privacy and security are critical in today’s financial ecosystem and Remittix excels in both areas. Transactions through the platform are treated like standard bank transfers and when they are listed on statements, they show no connection to cryptocurrency.

Remittix is in prime position to disrupt the PayFi space

Currently, Remittix is excelling in its presale phase, approaching the $4.4 million milestone. Tokens are available at an appealing entry price of $0.0239, making this project accessible to a wide range of investors.

With analysts forecasting an 800% price surge by the presale’s conclusion and a further 5,000% rally post-launch, Remittix is positioned to change the $190 trillion cross-border payments market. By overcoming the barriers that have long impeded global payments, Remittix is on course to emerge as a dominant force in the PayFi industry, reshaping financial transactions in 2025.

To learn more about Remittix, visit the Remittix presale and join the Remittix community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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