Gemini's XRP Credit Card Drives Record $8.5M Quarter, Leads Customer Engagement

Published at 2025-11-14 12:40:24

Gemini said its XRP credit card powered a record quarter, delivering $8.5 million in profit and outpacing other products in customer engagement and growth. The company attributes the lift to higher card usage and retention among users attracted to XRP rewards and integrated on‑ramp/off‑ramp features, making the card a standout revenue driver for the exchange.

The result underscores demand for crypto-native payment offerings and gives XRP greater visibility in everyday spending, while strengthening Gemini's monetization mix. Investors and competitors will watch whether this momentum continues as broader market conditions and regulatory developments evolve. For consumers, the performance signals increasing mainstream traction for card-based crypto rewards, though volatility and policy risks remain relevant considerations.

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Ripple and UC Berkeley today unveiled UDAX, an accelerator for projects building on the XRP Ledger; nine startups completed the pilot and received technical mentorship and VC introductions. The program aims to deepen developer activity and drive real-world use cases for XRP Ledger technology.

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Published at 2026-01-17 22:45:05

Defiance Closes Ethereum ETF After Only Four Months

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

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Published at 2026-01-17 17:15:05

XRP Volume Surges in Korea After Traders Exploit Spot-Only Exchange Loophole

XRP has overtaken Bitcoin and Ethereum as South Korea’s retail trading favorite after traders exploited a spot-only exchange loophole, sending local volume sharply higher. The shift underscores divergent regional preferences and could alter price discovery and regulatory focus.

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Published at 2026-01-17 13:30:07

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.