Schlagwort: crypto markets

• 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.

The post Binance expands global crypto access with new USD transfer feature appeared first on CoinJournal.

• 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.

Max Verstappen, or Lando Norris? Oscar Piastri or George Russell?

Jupiter’s first ever Prediction Market is now LIVE (in beta).

Powered by @Kalshi liquidity, you can trade on the F1 Mexico Grand Prix Winner 👇 pic.twitter.com/HaY8LnsThO

— Jupiter (🐱, 🐐) (@JupiterExchange) October 22, 2025

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.

The post Jupiter DEX partners with Kalshi to launch F1 Mexico Grand Prix prediction market on Solana appeared first on CoinJournal.

• Bitcoin price jumped to near $114,000 before falling sharply to under $108,000.
• The dip saw nearly $300 million in BTC positions wiped out.
• BTC price hovered above $108,200 as bulls looked to bounce higher.

Bitcoin’s latest rally faltered early Wednesday, with top altcoins also dumping.

The dip to lows of $107,534 erases gains accumulated as prices jumped to near $114,000.

Notably, the dip triggered a cascade of leveraged-position liquidations across Bitcoin and the broader cryptocurrency market.

Bitcoin pullback to under $108k sees nearly $300m liquidated

After touching an intraday high near $114,000 on October 21, Bitcoin reversed sharply as selling pressure overwhelmed bullish momentum.

The flagship cryptocurrency fell to below $108,000, touching lows of $107,534 across leading crypto exchanges.

The dip saw 24-hour BTC liquidations hit nearly $300 million, while the broader crypto market had over $650 million in leveraged positions liquidated.

Like Bitcoin, the liquidations across the wider market impacted both longs and shorts.

Per data from Coinglass, bets getting rekt in the past 12 hours reached over $280 million, of which $128 million accounted for longs and $152 million for liquidated shorts in this period.

Bulls who anticipated a sustained breakout were caught off-guard. Likewise, bears betting on an immediate collapse also suffered as the price quickly stabilised above $107,500.

The benchmark crypto looks to have hit support and is currently eyeing more room for upside movement above the $108k mark.

Gains are crucial for bulls as data shows new BTC whales are currently underwater.

Crypto market data and analytics platform CryptoQuant says that as Bitcoin trades below its average cost basis of roughly $113k, weakness is notable.

Whales currently face $6.95 billion in unrealised losses, which is the largest mark for the metric since Oct. 2023.

New Whales are underwater.

Bitcoin is trading below its average cost basis of ~$113K, leaving it with $6.95B in unrealized losses, the largest since Oct 2023.

This cohort holds ~45% of the total Whale Realized Cap. pic.twitter.com/EyVqWjhzdm

— CryptoQuant.com (@cryptoquant_com) October 21, 2025

Bitcoin price outlook

As of press time, Bitcoin traded near $108,262, up about 1% over the past 24 hours.

However, BTC is down nearly 5% in the past week, and the paring of gains seen as gold dumped on Tuesday suggests indecisiveness remains.

While traders now await fresh catalysts, including quarterly earnings from technology giants and the Federal Reserve’s next policy meeting, the immediate outlook has Bitcoin price hovering in the $107k-$115k region.

Positive developments on the macro front could influence risk appetite across risk assets and correlated markets.

Analysts see the current BTC price movement as one to watch, particularly as smart money positions.

Captain Faibik shared the comment below on X.

$BTC price action clearly shows signs of market manipulation..🧐

Smart Money is trapping both sides.. liquidating late longs and shorts before the Real move starts.

Remember: Manipulation creates liquidity, and liquidity fuels Smart Money..#Crypto #Bitcoin #BTC pic.twitter.com/muxnstjFAg

— Captain Faibik 🐺 (@CryptoFaibik) October 22, 2025

Despite the path of least resistance appearing to be range-bound, buyers taking out the $115,000 level amid bullish sentiment will be a big plus.

On the downside, the key price levels to defend are in the $105,000–$108,000 zone.

The post Nearly $300M wiped out as Bitcoin retreats to $108K appeared first on CoinJournal.

• Tezos price is hovering near $0.60 amid a 4% surge in the past 24 hours.
• XTZ eyes a potential bounce to above $0.70 as cryptocurrencies target gains.
• If buying pressure holds, bulls will likely target $1.50, riding multiple bullish catalysts.

Tezos (XTZ) is among the altcoins showing signs of a potential rally as a 4.4% uptick in the past 24 hours helps bulls hold price above a key level.

While broader market sentiment remains fragile, Tezos’ price could benefit from increased on-chain activity and growing interest from developers and investors.

Tezos price pops 4% as bulls show resilience

In particular, the XTZ price has shown resilience as Tezos records notable DeFi growth.

Latest market data highlights a more than 4% increase in Tezos’ price over the past day, with this coming as buyers pile up near the $0.60 level.

Bullish sentiment even helped buyers retest the 0.62 mark.

Last week, the Tezos team shared details of key ecosystem metrics that showed growth.

Among these, Etherlink’s Total Value Locked (TVL) had increased to over $70 million, while Tezos DeFi TVL surpassed $36.7 million.

The blockchain network saw a 22.5% quarter-over-quarter growth in value, while Etherlink processed over 20.5 million transactions.

Highlighting EtherLink as key to Tezos’ future scaling, blockchain analytics platform Messari noted:

“I think we can agree that these numbers aren’t random spikes, they reflect a deliberate strategy. Most new integrations, liquidity programs, and incentives are being launched directly on Etherlink because it represents the future of Tezos’ scaling, the first runtime of the canonical rollup model.”

Messari published the report in late September.

Notably, the robust network activity has come amid user adoption across key protocols such as Curve, Superlend, Midas, Youves, and Sirius.

Are you paying attention yet? 🔷

🌱 Etherlink TVL: $70.14M
💧 Tezos DeFi TVL: $36.7M
💥 20.5M+ transactions on Etherlink
🔒 TVL up 22.5% QoQ across Tezos DeFi
🔗 Top protocols: Curve, Superlend, Midas, Youves, Sirius

Builders are building. On-chain activity is rising.

— Tezos (@tezos) October 16, 2025

The surge in TVL and transaction volume suggests that builders are actively expanding within the Tezos ecosystem, a factor that could bolster investor confidence and help XTZ price.

Tezos price prediction: is $1.50 next for XTZ?

Currently, XTZ price hovers near $0.59, with a 24-hour gain of over 3.3%.

Data shows the altcoin’s value has slightly dipped from intraday highs of $0.62.

However, bulls are trying to keep bears from revisiting the intraday lows of $0.57.

From a technical point of view, Tezos is hovering near the resistance line of a falling wedge pattern.

Bulls have retested the area around $0.70 in recent weeks, and bouncing to this zone could allow for continuation to the $1.20 to $1.57 range.

The daily RSI is indicating a potential divergence. As of writing, the RSI is sloping near the neutral mark.

XTZ gains to $0.62 amid rising volume, suggesting buyers are eyeing a potential extension of the upside flip.

The post Tezos price prediction: a strong bounce could signal XTZ rally to $1.50 appeared first on CoinJournal.