The most recent Ethereum news has rattled the crypto market. Although Ethereum has been among the most valuable digital assets in blockchain technology, recent The most recent Ethereum news has rattled the crypto market. Although Ethereum has been among the most valuable digital assets in blockchain technology, recent

Ethereum News: Tom Lee Down Over $5 Billion As Investors Snap Up $RTX Tokens

2026/02/09 19:15
5 min read

The most recent Ethereum news has rattled the crypto market. Although Ethereum has been among the most valuable digital assets in blockchain technology, recent price volatility has even shaken the most ardent believers. Meanwhile, investors are moving towards early-stage opportunities that have better upside. One name that keeps surfacing in crypto news right now is Remittix, as thousands of buyers snap up $RTX tokens during a private 300% bonus window. As Ethereum struggles, Remittix is quietly building momentum as one of the best crypto to buy now.

The contrast is striking. On one side, Ethereum price volatility has erased billions on paper for major institutions. On the other hand, a next-generation PayFi project is attracting crypto investors who are looking beyond large-cap assets and into altcoins with real-world use, strong tokenomics and early entry advantages.

Ethereum News Highlights Tom Lee’s $5B Paper Loss

This week’s Ethereum news centers on Wall Street strategist Tom Lee and his firm BitMine Immersion Technologies. Despite Ethereum rising nearly 4% in the past 24 hours, ETH is still trading near $2,044, far below levels many expected. That price drop has placed BitMine deep underwater on its Ethereum bet.

BitMine accumulated roughly 4.285 million ETH at an estimated cost of $15.65 billion. At current prices, that position is worth closer to $9 billion. This amounts to over $5 billion in lost revenues. This has put a lot of strain on confidence, market sentiment and investor patience. BitMine’s stock has suffered badly, posting a 49% paper loss and falling nearly 88% from its peak.

Ethereum Trading ViewEthereum Trading View

Source: TradingView

Ethereum news analysts note that BitMine’s survival now depends on time and recovery. Should ETH go back to the $3,000-$4,000 zone, the story will change in no time. However, if Ethereum is still falling toward the range of $1,500, uncertainty will increase even more. Although ARK Invest recently bought over 274,000 shares of BitMine stock, signaling institutional adoption confidence, the risk remains clear. 

This ambiguity is among the reasons why a lot of crypto investors are swapping funds into early-stage projects with catalysts and asymmetric upside.

Remittix boost your fundsRemittix boost your funds

Why Remittix Is Gaining Momentum While Ethereum Struggles

Remittix is positioning itself as a bridge between decentralized finance and everyday payments. Unlike many altcoins that rely purely on speculation, Remittix focuses on PayFi, allowing users to move digital assets into real-world finance with ease. This practical approach is resonating in today’s crypto market.

Remittix has now raised over $29.1 million by selling 707 million tokens at $0.123 each. More than 93% of the total supply is already sold, creating real scarcity. As Ethereum news highlights uncertainty, Remittix is offering clarity with defined milestones. One of the strongest catalysts for Remittix is a 300% bonus available exclusively through email. This incentive is not public-facing and is distributed directly to selected subscribers. That exclusivity is creating urgency and scarcity, two powerful forces in crypto trends.

Also, the Remittix Wallet is already live on the Apple App Store, marking a major step forward. Android support is coming soon, expanding access. The complete crypto-to-fiat platform will be released on February 9th, 2026, which most analysts believe to be a key catalyst. Such a timeline provides investors in crypto with something tangible to price in, as opposed to the open-ended recovery optimism associated with Ethereum.

Security is also a significant factor. Remittix has undergone KYC verification with CertiK and has a Skynet Score of 80.09, which positions Remittix as the best pre-launch project on CertiK Skynet. More than 25,000 community ratings support this confidence, making it an even stronger force of trust when crypto regulation and transparency are more important than ever.

Key strengths driving Remittix adoption include:

  • Over 93% of the total token supply has already been sold, tightening availability
  • Wallet is live on the Apple App Store, with Google Play release underway
  • Crypto-to-fiat PayFi platform launching February 9th, 2026
  • CertiK KYC and top Skynet ranking for transparency and security
  • Early-stage entry positioning it as a top crypto under $1

Why the Shift From Ethereum News to Remittix Matters

Ethereum’s long-term future remains strong, but short-term pain has reminded investors that timing matters. The case of Tom Lee points out that even a conviction may have a price. Simultaneously, Remittix demonstrates that even the initial-stage projects may succeed when they are built on solid fundamentals and smart incentives.

Remittix is leading as the top altcoin 2026, with more than 94% of its tokens sold, a live wallet launched and PayFi coming in the future. As crypto news continues to shift, many believe the smartest money is already positioning ahead of the next cycle. For investors watching Ethereum news closely, Remittix offers a different path. One focused on growth, utility and early access rather than waiting for recovery.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Market Opportunity
TOMCoin Logo
TOMCoin Price(TOM)
$0.000066
$0.000066$0.000066
0.00%
USD
TOMCoin (TOM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

ETH Exit Queue Gridlocks As Validators Pile Up

ETH Exit Queue Gridlocks As Validators Pile Up

The post ETH Exit Queue Gridlocks As Validators Pile Up appeared on BitcoinEthereumNews.com. Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes Ethereum Foundation Starts New AI Team to Support Agentic Payments American Express Introduces Blockchain-Based ‘Travel Stamps’ Network News ETHEREUM VALIDATOR EXIT QUEUE FACES BOTTLENECK: Ethereum’s proof-of-stake system is facing its largest test yet. As of mid-September, roughly 2.5 million ETH — valued at roughly $11.25 billion — is waiting to leave the validator set, according to validator queue dashboards. The backlog pushed exit wait times to more than 46 days on Sept. 14, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put the exit queue at 18 days. The initial spark came on Sept. 9, when Kiln, a large infrastructure provider, chose to exit all of its validators as a safety precaution. The move, triggered by recent security incidents including the NPM supply-chain attack and the SwissBorg breach, pushed around 1.6 million ETH into the queue at once. Though unrelated to Ethereum’s staking protocol itself, the hacks rattled confidence enough for Kiln to hit pause, highlighting how events in the broader crypto ecosystem can cascade into Ethereum’s validator dynamics. In a blog post from staking provider Figment, Senior Analyst Benjamin Thalman noted that the current exit queue build up isn’t only about security. After ETH has rallied more than 160% since April, some stakers are simply taking profits. Others, especially institutional players, are shifting their portfolios’ exposure. At the same time, the number of validators entering the Ethereum staking ecosystem has been steadily rising. Ethereum’s churn limit, which is a protocol safeguard that caps how many validators can…
Share
BitcoinEthereumNews2025/09/18 15:15
TheWell Bioscience Launches VitroPrime™ 3D Culture and Imaging Plate for Organoid and 3D Cell Culture Workflows

TheWell Bioscience Launches VitroPrime™ 3D Culture and Imaging Plate for Organoid and 3D Cell Culture Workflows

A new in-plate, zero-disruption design enables reproducible organoid culture, downstream processing, and high-resolution imaging in a single 3D cell culture plate
Share
AI Journal2026/02/09 22:02
Tom Lee Linked BitMine Scoops Up $82 Million in Ethereum as Institutional Appetite Heats Up

Tom Lee Linked BitMine Scoops Up $82 Million in Ethereum as Institutional Appetite Heats Up

Tom Lee–Backed BitMine Makes $82 Million Ethereum Purchase, Signaling Growing Institutional Confidence BitMine, a crypto-focused firm associated with veteran ma
Share
Hokanews2026/02/09 22:08