PayPal Holdings Inc. has rolled out a way for US merchants to accept crypto payments. The company set a flat fee of 0.99% per transaction. That’s a hefty cut compared with the near 2.99% merchants often pay on cross‑border credit card sales. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert According to PayPal, businesses can save up to 90% on transaction costs when buyers pay with digital coins. Flat Fees For Crypto Payments Based on reports, every sale automatically converts crypto into fiat or stablecoins when the merchant chooses. Companies can pick from more than 100 tokens under its “Pay with Crypto” feature. Bitcoin and Ethereum lead the list. Other picks include USDT, XRP, BNB, Solana and PayPal’s own PYUSD. That stablecoin is backed by US dollar deposits, short‑term Treasuries and cash equivalents. Merchants who stick with PYUSD earn 4% rewards on balances held in their PayPal account. 🚨BREAKING: PayPal will allow U.S. merchants to accept over 100 cryptocurrencies with a 0.99% transaction fee for the first year, increasing to 1.5%. #CryptoPayments #Fintech — Michael Pace (@mjpgroup) July 28, 2025 Wide Range Of Wallets And Coins The American payments processing firm also tied this service into wallets beyond its own. Coinbase, MetaMask, OKX, Binance, Kraken, Phantom and Exodus all plug in. That opens the door to some 650 million crypto users around the globe. PayPal says it’s tapping into a $3 trillion market that has grown fast over the past decade. Smaller businesses in particular could find it easy to add crypto as a payment option without heavy engineering work. A Nod To Global Ambitions The launch follows PayPal’s introduction of PayPal World, a platform that links five digital wallets worldwide. PayPal then struck a deal with Fiserv to spread stablecoin use further abroad. Together, those moves hint at an effort to build plumbing for fast, low‑cost money transfers everywhere. Merchants in the US won’t see surprises at checkout. That 0.99% fee covers network charges and conversion work. By comparison, traditional cross‑border credit card sales often carry fees that climb past 3%. It’s easy math for sellers: a $1,000 sale in crypto costs $9.90 instead of about $30. That margin could be the difference between profit and loss. Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Regulatory Approval Still Pending According to PayPal, the rollout will begin in the US “in the coming weeks.” One catch: New York merchants must wait on permission from the New York State Department of Financial Services. PayPal says it hasn’t secured that approval yet. Featured image from Getty Images, chart from TradingView Source: newsbtc.com (Read Full Article)

Ethereum is steadily gaining ground as Bitcoin’s dominance continues to decline, signaling a quiet shift in market power. As ETH captures a larger share of the crypto landscape, key support and resistance levels are now in focus, pointing to potential for further upside. Ethereum Captures Larger Market Slice as BTC Weakens In a recent update on X, The Boss pointed out that Ethereum’s dominance in the crypto market is steadily increasing, aligning with previous expectations. As Bitcoin dominance begins to slip, Ethereum is gaining momentum, gradually capturing a larger share of the total market capitalization. This shift highlights the growing confidence in Ethereum’s relative strength compared to Bitcoin under current market conditions. Related Reading: Billionaire Mike Novogratz Says Ethereum Will Enter Price Discovery If It Takes Out This Level The Boss also emphasized the technical significance of a green line marked on the dominance chart, identifying it as a key support zone. As long as Ethereum dominance remains above this level, the bullish outlook remains intact. This support has previously acted as a reliable floor during past consolidations, and holding above it could provide the foundation for further gains in dominance. Attention is now turning to potential resistance zones, which The Boss illustrated using yellow lines derived from Fibonacci retracement levels. These levels represent likely areas where ETH dominance could face selling pressure or hesitation. However, surpassing them could indicate further strengthening of Ethereum’s position in the market. Overall, The Boss’s analysis suggests that the decline in Bitcoin dominance may be fueling Ethereum’s rise, and the technical setup remains favorable for ETH as long as it stays above the highlighted support.  ETH Eyes Key Resistance Zone At $3,900 Within Rising Channel Thomas Anderson recently shared his analysis of the ETHUSD H1 chart, observing that Ethereum was trading at $3,851.25 and approaching a key resistance zone between $3,876 and $3,900. Price action is unfolding within an ascending channel, with the upper yellow line marking a critical resistance area.  Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst He further noted that the 200-day moving average, represented by the red line on the chart, is offering dynamic support around the $2,900 level. This moving average has played a crucial role in sustaining the uptrend and remains an important level to monitor in case of a retracement.  The analyst highlighted that Ethereum is now testing the upper boundary of a larger ascending channel, with the $3,287.74 level acting as a solid support zone in the 4H context. Anderson emphasized that this level has served as a major floor during recent consolidations, indicating that any near-term pullback may stabilize there. While the trend remains bullish, ETH could face a temporary dip at current levels before a sustained breakout above the $3,900 area. Featured image from iStock, chart from Tradingview.com Source: newsbtc.com (Read Full Article)