Schlagwort: crypto markets

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Crypto wrap: Bitcoin, Ethereum, BNB, Solana, and XRP muted after CPI report

  • Cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP traded higher and then pared gains.
  • Sentiment improved with the release of the US Consumer Price Index (CPI) report, but prices failed to rally.
  • Analysts say the CPI data makes a Federal Reserve rate cut on October 29 “highly probable”.

Major cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP have maintained steady prices despite Wall Street’s robust reaction to a key economic data release. 

As such, the cryptocurrency market was largely muted on Friday October 24, 2025, with an initial price spike following the release of the US Consumer Price Index (CPI) report failing to flip into notable gains. 

While several coins traded in the green, the subdued action meant the global crypto market capitalization, per CoinGecko, remained at $3.81 trillion.

Sentiment was still largely negative as the Fear & Greed index hovered at 32 and was in fear territory.

Meanwhile, global daily trading volume slipped to $153 billion.

Bitcoin, Ethereum prices as investors react to CPI data

The Bureau of Labor Statistics released the US CPI inflation report for September on Friday.

Data showed inflation was cooler than expected, with headline CPI at 0.3% and core inflation at 0.2%.

Meanwhile, both year-over-year measures for headline and core came in at 3%.

Economist Mohamed El-Erian commented on what the data says:

“This report makes a Federal Reserve rate cut next week highly probable. What happens beyond that, however, will depend on subsequent data, primarily confirmation of a softening labor market and continued disinflation.”

Stocks however, soared amid the report and a host of other bullish factors.

Bitcoin traded to highs of $111,842 before quickly retreating to $110,500.

Ethereum on the other hand, rose slightly to near $4,000 before revisiting $3,870 and settling just above $3,900.

Despite the cooling inflation data, analysts see a 99% likelihood of a Federal Reserve rate cut on October 29.

This will feed into risk asset appeal and both BTC and ETH could rally past key supply walls around $115k and $4,250.

BNB steady after Changpeng Zhao pardon

BNB, the native token of Binance, has maintained its price at $1,106, with negligible movement post-CPI.

The token is benefiting from Binance’s dominance in spot trading, and the news of President Donald Trump’s pardon of founder Changpeng Zhao buoyed the broader market.

BNB price moved from lows of $1,048 to near $1,150 on October 24 before settling near the psychological $1,000 mark.

Solana and XRP steady but below key levels

Both Solana and XRP held steady at $190 and $2.49, respectively.

Network activity, partnerships and acquisitions have complemented sentiment built around spot ETF anticipation and treasury strategy moves.

However, SOL and XRP are below the key buy zones of $200 and $3.00, respectively.

Confidence could skyrocket if bulls take out bears at these levels.

News that Ripple is one of the crypto titans bankrolling donations for Trump’s White House ballroom project see XRP get further limelight.

The post Crypto wrap: Bitcoin, Ethereum, BNB, Solana, and XRP muted after CPI report appeared first on CoinJournal.

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Ethereum price prediction amid ETF outflows and CPI anticipation

  • Ethereum price hovers near the key level of $4,000.
  • Market data shows ETH spot exchange-traded funds recorded net outflows of over $128 million.
  • Trader anticipation around US consumer price index (CPI) has ETH bulls poised for an uptick.

Ethereum (ETH) price is up slightly, trading above $3,980 at the time of writing with a 24-hour uptick of nearly 3%.

This comes despite the flagship altcoin’s market grappling with institutional outflows from its spot exchange-traded funds (ETFs).

Also, while traders eyeing the key US Consumer Price Index (CPI) release today adds optimism amid anticipation of clues on Federal Reserve policy.

As ETH, reaction to the reading could point to short term price trajectory for Ethereum.

Ethereum spot ETFs see $128 million in outflows

Spot Ethereum ETFs trading on US exchanges experienced notable negative flows on October 23, 2025 as the market witnessed net outflows of $128 million.

Notably, none of the nine available ETH ETFs posted net inflows for the day, a sharp departure from the intermittent positivity seen earlier in the month.

This uniform exodus reflects growing caution among institutional players, who appear to be reallocating toward perceived safer havens as Ethereum’s price momentum falters.

Data from ETF tracker SoSoValue highlights that ETH spot ETFs have witnessed outflows in eight of the past 11 trading days. In contrast, the altcoin notched eight straight days of net inflows at the start of October.

On Oct. 23, Fidelity’s Ethereum Fund (FETH) led the outflows with $77 million in withdrawals.

Meanwhile, BlackRock’s iShares Ethereum Trust (ETHA) saw an exit of over $23.5 million and Grayscale’s Ethereum Trust (ETHE) recorded outflows of over $8.8 million. Invesco, Franklin Templeton and 21Shares saw zero net flows.

In contrast, Bitcoin spot ETFs demonstrated resilience, attracting a total net inflow of $20.33 million on the same day. BlackRock’s flagship iShares Bitcoin Trust (IBIT) spearheaded the gains, drawing in a robust $108 million in net inflows.

Cumulative inflows for ETH ETFs since their debut now stand at $14.45 billion, compared to Bitcoin’s towering $61.89 billion. Despite Ethereum’s lagging of Bitcoin, trends in institutional adoption point to increased bullish bets on ETH.

Ethereum price outlook ahead of CPI data today

Markets are braced for the Bureau of Labor Statistics’ CPI report at 8:30 a.m. ET on October 24.

Ahead of this, Ethereum’s price hovers around $3,980, up nearly 3% in the past 24 hours. The uptick has ETH near the key $4,000 mark and expectations in the short-term hinge on inflation signals.

Economists anticipate a year-over-year CPI of 3.1%, down from August’s 2.9%, with core inflation steady at 3.1%.

A print at or below expectations could alleviate pressure on risk assets, potentially igniting a short squeeze in ETH futures.

Shorts could face liquidation if prices spike sharply into next week when the Federal Reserve is anticipated to cut its interest rate.

With relative strength index at 46 and signaling a divergence to the upside, a successful retest and continuation above $4,000 could bring $4,300 and $4,500 into play.

However, stumbling at key resistance in the aftermath of the CPI release, with other market conditions in effect, the altcoin could see a pullback to support at $3,745.

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APT price soars as BlackRock’s BUIDL fund expands to Aptos

  • BlackRock deploys $500M BUIDL fund on the Aptos blockchain.
  • Jump Crypto launches Shelby, boosting Aptos’ enterprise appeal.
  • Aptos price has rebounded, testing the key $3.50 resistance level.

The APT price is showing renewed strength as Aptos gains major institutional backing from global giants like BlackRock and Jump Crypto.

After dipping to a yearly low earlier this month, Aptos has staged an impressive comeback, fueled by real-world asset tokenisation and enterprise-grade innovation across its ecosystem.

Institutional backing revives Aptos’ momentum

Aptos has outperformed a sluggish crypto market, gaining around 5% in the past 24 hours to trade near $3.32.

This sharp rebound follows BlackRock’s expansion of its Digital Liquidity Fund (BUIDL) to the Aptos blockchain, a move that has injected $500 million worth of tokenised Treasuries into the network.

The deployment of BUIDL has pushed Aptos into the top tier of real-world asset (RWA) blockchains, sitting just behind Ethereum and zkSync Era.

Data shows that more than $1.2 billion in RWAs are now tokenised on Aptos, a milestone that marks growing trust from traditional finance.

Notably, BlackRock’s involvement brings not only prestige but also liquidity and credibility to the network.

Jump Crypto’s Shelby adds more fuel

In parallel, Jump Crypto has launched Shelby, a decentralised, high-performance storage layer developed in collaboration with Aptos Labs.

Designed to rival traditional cloud providers such as AWS and Google Cloud, Shelby enables sub-second latency, low-cost reads and writes, and improved scalability.

Its architecture reduces redundancy while maintaining high data durability through erasure coding.

The new system could become a backbone for decentralised applications that require real-time data access and high-speed processing.

By combining Aptos’s parallel execution engine and Move programming language with Shelby’s efficient data design, the two firms aim to create infrastructure suited for enterprise and AI-driven decentralised finance (DeFi).

This blend of performance and programmability is helping Aptos carve a niche in a crowded Layer-1 field.

APT price outlook: eyes on key resistance levels

As institutional adoption accelerates and on-chain liquidity grows, the Aptos price could continue to benefit from renewed investor confidence.

While short-term volatility remains, the network’s long-term fundamentals appear stronger than ever — anchored by innovation, partnerships, and a clear path toward real-world integration.

The Aptos price is currently testing resistance near $3.50 after rebounding from a recent low of $2.22.

Technical indicators show mixed signals, with moving averages flashing multiple sell alerts, although oscillators remain neutral.

The Relative Strength Index (RSI) hovers around 34, suggesting mild accumulation.

If APT breaks above $3.50, it could extend gains toward $3.85.

However, failure to maintain current momentum could see the token slip toward $3.00 or even retest its earlier lows.

Analysts like Michaël van de Poppe have noted that APT remains at one of its lowest valuations in years, hinting at potential upside if broader market sentiment improves.

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Binance expands global crypto access with new USD transfer feature

  • Fee-free USD deposits offered for faster crypto conversions.
  • Binance partners with PayPay in Japan for direct crypto purchases.
  • Plume Network integration enables gas-free tokenised asset payments.

Binance has unveiled a new feature enabling direct USD deposits and withdrawals through its regulated subsidiary, BPay Global.

Licensed by the Central Bank of Bahrain, BPay Global strengthens Binance’s position in bridging traditional finance with digital assets.

Announced on October 22, the feature is now available to users in over 70 countries.

It offers fee-free SWIFT transfers and integration with Apple Pay, Google Pay, and debit or credit cards, creating a smoother experience for both retail and corporate users seeking secure fiat-to-crypto transactions.

Seamless integration of USD and crypto payments

The new service allows Binance users to deposit and withdraw USD directly through BPay Global, bypassing traditional intermediaries.

Users can store funds in a regulated e-wallet and utilise them instantly for trading or conversions on the Binance platform.

By eliminating deposit fees for SWIFT transfers, Binance aims to reduce the cost and friction of moving between fiat and crypto markets.

This initiative caters to the growing global demand for accessible, compliant, and cost-efficient payment channels.

The move aligns with Binance’s broader strategy to expand its fiat gateway infrastructure while maintaining compliance with international financial standards.

Building on recent payments and compliance initiatives

The launch follows a series of updates strengthening Binance’s payments ecosystem.

Earlier in October, Binance.US introduced dynamic withdrawal fees for ERC-20 tokens and reduced trading fees on major pairs including Ethereum, Solana, and BNB.

These changes were designed to create a more efficient environment for traders and liquidity providers across markets.

In Japan, Binance deepened its reach through a partnership with PayPay, the country’s largest cashless payment platform.

This collaboration enables users to buy cryptocurrencies directly using PayPay Money, which is then credited to their Binance accounts.

The partnership highlights Binance’s growing integration with regional payment systems to make digital assets more mainstream.

Integrating real-world assets through blockchain innovation

Beyond fiat transactions, Binance has also advanced its blockchain payment infrastructure through the integration of Plume Network.

This collaboration allows gas-free transactions for tokenised real-world assets (RWAs) across thousands of merchants, broadening the usability of digital currencies in real-world commerce.

Such developments mark a strategic evolution in Binance’s long-term objective — merging traditional and digital economies.

By combining global compliance oversight, regulated financial channels, and blockchain innovation, Binance is positioning itself at the forefront of Web3-driven financial systems.

Expanding global reach through BPay Global

The introduction of BPay Global’s USD transfer capabilities marks a critical step toward a more inclusive financial ecosystem.

By extending access to users across 70 countries, Binance not only simplifies global payments but also demonstrates its commitment to offering secure, regulated, and cost-effective cross-border financial tools.

The expansion reinforces Binance’s ongoing transition from a pure crypto exchange to a comprehensive financial services provider.

With fiat and digital assets increasingly intertwined, BPay Global serves as a bridge between legacy systems and decentralised finance, further establishing Binance’s influence in shaping the next generation of global payments.

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Jupiter DEX partners with Kalshi to launch F1 Mexico Grand Prix prediction market on Solana

  • Jupiter DEX has teamed up with Kalshi to launch a prediction market for the Mexico Grand Prix.
  • Users can trade shares on race outcomes on the F1 race slated for Oct. 27, 2025.
  • Jupiter has seen its total value locked rise to $3.76 billion.

Solana’s leading DEX, Jupiter, has unveiled a new prediction market in partnership with the US-compliant platform Kalshi.

The move comes as the crypto market witnesses a notable surge in overall adoption, including via prediction marketplaces.

Jupiter’s launch of its prediction market in beta marks yet another milestone for the DEX platform.

Jupiter DEX launches Kalshi-powered prediction market

Jupiter Exchange, the prominent Solana-based decentralized exchange known for its liquidity aggregation prowess has today, October 22, 2025, announced the rollout of its inaugural prediction market, seamlessly powered by Kalshi.

Jupiter, which has amassed billions in trading volume since its inception, has positioned this launch as an important expansion beyond traditional token swaps.

By integrating Kalshi’s robust regulatory framework, the platform ensures adherence to federal standards while harnessing Solana’s high-speed, low-fee architecture.

Kalshi supplies event data and verification, while Jupiter’s smart contracts handle trading and payouts as part of the integration model.

Users  will connect through familiar Solana wallets as Phantom, executing trades through the DEX’s V6 aggregator for optimal liquidity routing.

Jupiter brings F1 Grand Prix trading to users

The debut market targets the Formula 1 Mexico Grand Prix, set for October 27, 2025, at Mexico City’s Autódromo Hermanos Rodríguez.

On the card for the race are top contenders like Max Verstappen, Lando Norris, and Charles Leclerc.

The new prediction market on Jupiter empowers users to speculate on the Mexico Grand Prix winner through intuitive, binary-style contracts.

Traders purchase shares priced from $0.01 to $0.99, where the value mirrors collective market sentiment on a driver’s victory odds.

If Verstappen’s shares trade at $0.65, for instance, it implies a 65% perceived chance of him claiming the checkered flag.

According to details, trading commences immediately and continues until the race starts, with no upper limit on positions beyond available liquidity.

Notably, Jupiter has minimum bets set low, which should see it appeal to both casual F1 enthusiasts and seasoned DeFi traders.

Kalshi will verify the official F1 result via its API, triggering on-chain redemptions.

Kalshi is one of the top prediction markets in the space and recently raised $300 million in a series D funding round amid its global expansion.

The funding valued Kalshi at $5 billion, with leading venture capital firms like Andreessen Horowitz, Sequoia Capital, Paradigm and Coinbase Ventures backing it.

Jupiter Exchange, meanwhile, has remained a top DeFi protocol on Solana. Currently, Jupiter ranks second behind Kamino in terms of total value locked, with over $3.76 billion.

TVL has grown in recent months as activity soared – particularly following the launch of the DEX protocol’s Jupiter Lend product.

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