Gemini taps Ripple to launch limited edition credit card with 4% XRP cashback

  • The exchange has partnered with Ripple to launch a limited edition credit card.
  • Users will enjoy up to 4% XRP cashback on their day-to-day purchases.
  • Ripple’s RLUSD stablecoin to simplify crypto access.

As cryptocurrencies integrate with our daily financial undertakings, trading platform Gemini has collaborated with Ripple to release an XRP-powered credit card.

The limited-edition metal card aims to simplify transactions for the Ripple community, enabling cardholders to receive instant crypto incentives each time they swipe.

While traditional reward models pay in monthly cash or points, Gemini offers up to 4% cashback in XRP immediately after transactions.

Notably, the limited-edition card is currently available for users in the US alone, with applications starting today.

Spending in the digital era

The Gemini XRP credit card turns daily purchases into seamless opportunities to earn cryptocurrencies.

Imagine earning XRP tokens each time you buy groceries.

You can pay bills in dollars and receive instant crypto rewards in your account.

The incentives model comprises:

  • 4% back in XRP on EV charging, rideshare purchases, and gas.
  • 3% XRP reward on restaurants and dining.
  • 2% XRP back on groceries.
  • 1% back in XRP on all other daily purchases.

Crypto enthusiasts can leverage this setup to stack XRP tokens passively.

The digital card converts routine expenses like running errands, taking lunch, and filling up tanks into crypto investments.

RLUSD to simplify trading

The XRP credit card comes with a key update within the Gemini ecosystem.

The crypto exchange has officially integrated Ripple’s RLUSD stablecoin to support US spot trading.

Individuals can access a stable token without incurring extra conversion fees.

That streamlines how users move RLUSD, XRP, and other digital assets on the exchange.

The stablecoin enriches Gemini’s trading platform with simplified stable values and crypto-backed incentives.

Gemini’s XRP gift card and stablecoin support underscore the broader trend to make digital assets practical for daily activities.

Why timing is crucial

The move comes after Ripple gained regulatory clarity after finalising its prolonged battle with the US SEC.

Also, the United States has introduced regulatory policies to support the cryptocurrency sector.

Donald Trump signed the GENIUS law, which provided the sought-after clarity for digital assets innovations, especially stablecoins.

The XRP credit card reflects the crypto market’s maturity.

The industry that began as an experimental niche has evolved into a mainstream financial instrument with traditional offerings comprising crypto benefits.

Recently, SBI Holdings inked a deal to distribute RLUSD in Japan.

XRP price outlook

Ripple’s native token traded in the red amidst a broad market bloodbath.

It has lost 2% over the past 24 hours to $2.95.

While bears dominate short-term trends, analysts forecast impressive performance for XRP in the coming months, citing its real-world utility in global payments.

Also, the Ripple vs SEC conclusion increased XRP’s institutional appeal.

Enterprises looking for a legitimate asset to join the digital assets bandwagon will possibly choose XRP.

Analysts expect XRP’s price to rally to $5 in 2025 and further in the coming years.

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Webull reopens crypto trading for US users following 2023 suspension

  • The platform halted the trading services during its IPO preparations.
  • US traders can start accessing Webull from today, August 25.
  • Customers can trade more than 50 tokens, with plans to add more instruments soon.

Webull Corp has reintroduced cryptocurrency trading services to its US customers, starting August 25, 2025.

Notably, the platform supported crypto trading until 2023.

However, regulatory uncertainty and IPO plans forced Webull Pay to become an independent entity.

According to today’s press release, the platform has relaunched trading services.

US users can now buy, sell, and trade digital coins like Bitcoin, Solana, and Ethereum.

For users, the crypto trading resumption feels like a homecoming and a new feature.

Webull CEO Anthony Denier commented on the crypto relaunch, stating:

Our Mission has always been to deliver a streamlined, user-centric investing experience. By integrating crypto trading into the Webull app, we are making it easier for customers to access and manage their entire portfolio, whether they’re trading stocks, options, or digital assets.

Building on Brazil’s comeback

The US reopening comes after Webull relaunched cryptocurrency trading services to users in Brazil in June.

The company used the Brazil comeback to highlight its intent to rejoin the fast-moving crypto industry.

Denier termed it an initial phase of a global push plan to offer clients advanced tools for long-term growth and investment management.

Shifting regulatory climate as a catalyst

Webull’s return to the United States’ cryptocurrency scene isn’t an accident.

The regulatory atmosphere in America has changed since Donald Trump’s victory.

Digital asset entities faced intensified scrutiny under the Biden administration.

Even Webull’s CEO declared that legal uncertainty surrounding crypto at the time partly delayed the firm’s IPO efforts.

However, everything changed since Trump’s inauguration in January.

He promised to make America the hub for digital currency undertakings.

Trump appointed Paul Atkins to replace anti-crypto Gary Gensler, who limited the sector’s growth with unclear policies.

Also, the latest GENIUS law made the US a lucrative nation for crypto activities.

Details of the launch

Webull users in the United States will access over 50 assets, including BTC, ETH, and SOL, at launch.

The platform plans to add more digital tokens and markets in the coming months.

For now, Webull’s over 24 million international customers can enjoy a one-stop venue for managing crypto holdings and traditional investments.

With that, individuals no longer have to depend on many platforms for their digital investments.

That aligns with Webull’s vision of becoming a one-stop shop, allowing investors to manage traditional and crypto assets.

For investors, the timing remains crucial.

Besides the softening regulatory climate in the US, Webull has relaunched amid bullish markets.

Cryptocurrencies have gained popularity in recent months, with most tokens outshining the financial landscape with significant rallies.

Webull Pay CEO Stephen Yip stated that rising crypto popularity fueled their service relaunch.

He said:

Cryptocurrencies have become an essential part of today’s diversified investment strategy. We are excited to again offer crypto trading through Webull to deliver a more unified and convenient experience that reflects how modern investors want to manage their portfolios.

Bitcoin trades at $112,000 after an over 75% increase in the past year. Analysts expect it to close 2025 above $150,000.

Also, Webull’s comeback coincides with the community bracing for a potential altcoin season, which could translate to significant gains for investors.

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Hyperliquid (HYPE) is up 21% in August, but can it sustain the rally?

  • Hyperliquid hits $3B daily spot volume, $87M monthly revenue.
  • Hyperliquid now controls nearly 80% of the decentralised perpetuals market.
  • However, risks like validator centralisation and volume dependence still persist.

Hyperliquid’s native token HYPE has climbed 21.7% so far in August, cementing its position among the best-performing large-cap cryptocurrencies.

At around $45, the token is just below its July all-time high of $49.75, while daily trading volumes continue to surge.

The question many investors are asking is whether this momentum can last, or if the rally risks losing steam as broader market conditions shift.

Momentum builds on strong fundamentals

Unlike most altcoins that struggled during this month’s market pullback, HYPE has remained resilient.

While Bitcoin slipped back to $111,000 from a $117,000 peak after Jerome Powell hinted at possible rate cuts in September, Hyperliquid’s numbers kept growing.

Spot trading on the platform hit a record $3 billion in a single day, including $1.5 billion in Bitcoin alone, making it the second-largest venue for spot BTC trading across both centralised and decentralised exchanges.

At the same time, the exchange generated $93.5 million in fees and nearly $87 million in revenue this month, marking its strongest month on record.

These metrics highlight a platform that is not only attracting traders but also converting activity into substantial cash flow. This contrasts with rivals that often struggle to scale revenues despite surging volumes.

A rising star in the perpetual futures market

Hyperliquid’s rapid rise has also been fueled by its dominance in decentralised perpetuals, where it now controls close to 80% of the market.

On the broader decentralised exchanges category, Hyperliquid controls 18.4%, the largest market share, according to data from Coingecko.

At its peak, the platform processed as much as $30 billion in daily trades, a level that only a handful of decentralised exchanges have ever reached.

The exchange’s success comes from a combination of technical efficiency, including sub-second finality through its HyperBFT consensus, and a community-first approach with fee-sharing incentives for traders and developers.

The strategy has allowed Hyperliquid to eclipse established rivals such as dYdX, which saw its market share shrink from 30% at the start of 2024 to just 7% by year-end.

Today, Hyperliquid’s trading share has stabilised above 65% and at times touched 80%, cementing its position as the leading decentralised exchange for perpetuals.

Big predictions, bigger risks

The platform’s rise has not gone unnoticed. During a keynote at WebX Tokyo, BitMEX co-founder Arthur Hayes predicted HYPE could climb 126 times over the next three years if its fee revenue scales from $1.2 billion to more than $250 billion.

Markets reacted quickly, with HYPE’s price briefly spiking and trading volume surging more than 60% in 24 hours.

Still, Hayes himself admits his bold calls are only right about a quarter of the time. Analysts have also cautioned that Hyperliquid faces risks.

The platform relies heavily on sustained trading volumes, leaving it vulnerable to downturns in a prolonged bear market.

With only 16 validators, concerns around centralisation and transparency remain.

A lack of open-source code and reliance on a small team also expose it to execution risks.

Can the Hyperliquid price rally last?

For now, HYPE’s fundamentals appear strong enough to support its recent rally.

Its growing fee revenue, record spot volumes, and overwhelming market share in perpetual futures point to a platform that is executing with remarkable precision.

Valuation estimates from OAK Research put HYPE’s fair value between $32 and $49, suggesting it is trading near the higher end of conservative models but not wildly overstretched.

Whether the rally can extend depends on broader market conditions and Hyperliquid’s ability to manage its risks.

If on-chain trading continues to grow and the platform sustains its current pace of adoption, HYPE may well have room to climb higher.

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Ontology price skyrockets 55% to hit six-month high

  • Ontology price rose more than 50% to lead the top gainers across crypto.
  • The altcoin gained as Bitcoin and Ethereum dropped, with the ONT price hitting a six-month high.
  • ONT could retreat amid profit-taking.

Ontology has defied broader crypto dumping to skyrocket more than 55% to highs near $0.22, hitting its highest level in six months.

The uptick for Ontology (ONT) comes as the cryptocurrency market witnesses a significant uptick in sell-off pressure, with Bitcoin dropping to under $112k and Ethereum giving up gains after a new all-time high.

But as these top headline makers struggle, ONT is grabbing most attention amid its 55% price surge.

Ontology price spikes 55% to 6-month high

Ontology (ONT) has seen a remarkable 55% price surge, reaching an intraday peak of near $0.22, its highest level in six months.

The altcoin traded at lows of $0.13 in the morning session, but marched higher to reach levels seen at the start of February 2025.

With trading volume soaring by over 4,600% to more than $337 million, Ontology price stands out as one of the outperformers on the day.

As BTC and ETH pare gains, Ontology’s 24-hour gains come amid heightened activity around the decentralised identity protocol’s native token.

Mainstream adoption of artificial intelligence and blockchain has Ontology’s infrastructure for decentralised identity and data privacy, drawing significant interest.

The project’s focus on regulatory compliance for digital identity solutions and blockchain interoperability is a key cog in its adoption curve.

Analysts predict ONT could benefit from this outlook to target more gains.

Ontology price forecast: What’s the technical picture?

The price of Ontology breaking out as the rest of the market fights to hold onto recent gains suggests holders may have to deal with incoming downside pressure.

ONT going vertical will welcome a pullback, likely to a demand reload zone.

However, open interest in ONT has increased by over 617% to nearly $60 million.

This indicates trader confidence and speculative interest amid the token’s upward trajectory.

Ontology’s price outlook as open interest rises, combined with high trading volumes, suggests a potential bullish continuation.

Ontology Price Chart
ONT price chart by TradingView

From a technical perspective, ONT is trading Relative Strength Index (RSI) on the daily chart at 81.

RSI at these levels shows the asset firmly in the overbought territory and thus leaning toward a reversal.

The Moving Average Convergence Divergence (MACD), however, shows a bullish crossover, indicating bulls have the upper hand and that a sustained rally may yet unfold if a retest allows buyers to establish a footing at key support levels.

On the daily chart, these areas lie around $0.20 and $0.17.

On the flipside, a break above $0.27 will allow buyers to aim for $0.40.

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ZRO targets $2.60 as Stargate approves LayerZero’s acquisition proposal

TL;DR

  • ZRO is down 7.5% and is now trading at $2.01.
  • The bearish performance comes despite Stargate DAO approving LayerZero’s acquisition proposal.

Stargate DAO approves LayerZero’s acquisition proposal

The cryptocurrency market was volatile over the weekend, with massive gains recorded on Friday wiped out on Sunday. Bitcoin briefly dropped to the $110k region while Ether is now trading above $4,700 after setting a new all-time high of $4,953.

The bearish performance affected LayerZero’s ZRO as the coin has now lost more than 7.5% of its value in the last 24 hours. Thanks to this bearish trend, ZRO is now trading at $2.01.

The negative performance comes despite a massive development for the LayerZero ecosystem. LayerZero Foundation announced on Saturday that Stargate’s governance organization has approved its acquisition offer with nearly 95% of votes in favor.

The approval came despite Wormhole making a late $120 million cash offer. Furthermore, Across co-founder Hart Lambur and the Axelar Foundation both said they would make formal bids if the process was slowed.

ZRO could top $2.6 if bullish momentum returns

The ZRO/USD 4-hour chart is bearish and efficient as LayerZero has been underperforming, similar to the broader cryptocurrency market. The technical indicators are also bearish, indicating that the sellers are currently in control.

The RSI of 54 shows that ZRO is heading into the negative territory if the sell-off continues. The MACD lines are also close to switching into the bearish region. 

ZRO/USD 4H Chart

If the sell-off continues, ZRO could drop to the Friday low of $1.85 over the next few hours. Failure to defend this support level could see ZRO retest the monthly low of $1.625.

However, with the positive news coming from the LayerZero ecosystem, ZRO could bounce back and reclaim the first major resistance level at $2.38. An extended bullish run would see ZRO surpass its monthly high and hit $2.60.

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