Bitcoin (BTC) is experiencing intensified selling pressure amid rising spot outflows, driven by escalating geopolitical tensions in the Middle East. Technical indicators such as the Relative Strength Index (RSI) and
Coinbase is set to launch the Coinbase One Card this fall, offering up to 4% back in Bitcoin on every purchase. Developed in partnership with American Express, the Coinbase One Card is designed to reward users in Bitcoin ( BTC ), starting at 2% and increasing based on the amount of assets held on the platform. The card will available exclusively to Coinbase One members in the United States (excl. U.S. Territories). In addition to earning Bitcoin on everyday spending, Coinbase One members will benefit from features such as fiat spending, integrated crypto access, and a mobile app that supports both Android and iOS. Coinbase is also rolling out a new Basic tier of its membership program at $4.99 per month or $49.99 per year, giving users access to the card, zero trading fees on the first $500/month in trades, up to 4.5% APY on USD Coin ( USDC ) holdings, and $10/month in sponsored smart wallet gas on Base. You might also like: What are the hottest crypto payment cards this cycle, and how to get them? The move adds to a growing trend in the crypto industry, where crypto exchanges are developing branded payment cards that allow users to spend fiat. Earlier this year, Kraken announced that it will launch Mastercard-powered physical and digital debit cards for users in the U.K. and Europe, enabling crypto payments at over 150 million merchants through its Kraken Pay platform. OKX exchange has also recently partnered with Mastercard to launch the OKX Card, a debit card enabling users to spend stablecoins and other crypto via the Mastercard network. These new launches further broaden the range of crypto cards already available from major exchanges. Crypto.com provides the widely used Crypto.com Visa Card accessible across multiple regions including the U.S., Canada, Europe, Australia, Singapore, and Latin America . Bybit offers a rewards crypto card to select users, featuring up to 10% cashback on everyday purchases. MEXC also offers a prepaid Mastercard that enables users in select European countries to spend their digital assets worldwide. You might also like: Pudgy Penguins partners with Lufthansa Miles program to expand PENGU utility
As debates over crypto regulation persist in the West, Asian nations are quietly transforming XRP from a speculative asset into an embedded financial infrastructure. X Finance Bull (@Xfinancebull), a crypto pundit on X, recently drew the community’s attention to this trend, highlighting XRP’s rapid growth in the East while Western nations, such as the U.S., fall behind. A Massive XRP Reserve in China In China, Webus is initiating a $300 million fund to build an XRP reserve for ride-payment and Web3 loyalty services. Notably, this initiative is corporate-led rather than government-backed, indicating strong private sector conviction in XRP’s role in the Web3 economy. This reserve aims to support scalable micropayments and loyalty systems built on blockchain rails, signaling a strategic alignment with tokenized real-world use cases. $XRP is quietly taking over Asia China building a $300M XRP reserve Dubai tokenizing real estate on XRP Ledger 61 banks in Japan adopting XRP by 2025 While the West debates, the East is building If #XRP isn’t in your top bags by now… what are you even holding? pic.twitter.com/SM345zZw7z — X Finance Bull (@Xfinancebull) June 12, 2025 UAE Advances Real Estate Tokenization on the XRPL Meanwhile, the UAE is advancing digital real estate transformation through XRP. The Dubai Land Department is piloting a tokenization program using the XRP Ledger , enabling fractional property ownership starting from AED 2,000 (approximately $545). This approach lowers entry barriers for investors and enhances property liquidity. Ripple is also the first blockchain-based payment company authorized by the Dubai Financial Services Authority (DFSA). This approval broadens the market for XRP and RLUSD and adds a layer of regulatory credibility. X Finance Bull’s post shared a prediction from analysts that the increasing adoption in the UAE could lead to a 21.5% increase for the asset by 2026. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Japan Moves Toward Full-Scale XRP Adoption Japan’s case illustrates perhaps the most direct institutional application of XRP. Through SBI Ripple Asia, a 61-bank consortium representing 80% of the country’s banking sector has been trialing XRP-based payment solutions, such as MoneyTap, since 2016. The post shared a quote attributed to SBI’s CEO, predicting that all banks in Japan will adopt XRP this year. This level of adoption suggests that XRP is more than just a digital asset, but is becoming a foundational component of Japan’s domestic and cross-border payment systems. From Crypto Assets to Financial Infrastructure This broad-based alignment is not just about technology; it’s about positioning. As one observer stated , “XRP isn’t a crypto bet in the East. It’s infrastructure.” Real estate is moving on-chain, and adoption in Asia is rising faster than many market participants anticipated. In contrast, Western jurisdictions grapple with legal definitions and regulatory clarity. Donald Trump has promised to make the U.S. the crypto capital of the world. However, if it does not overhaul or significantly speed up its regulatory framework, it may lose the crypto race. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Quietly Taking Over Asia appeared first on Times Tabloid .
According to the latest data from Coinglass, Binance experienced the most significant liquidation event within the last 24 hours, with a massive $201 million liquidated on the BTCUSDT trading pair.
The Polkadot community is considering building a strategic Bitcoin reserve. A forum proposal suggests using 501,000 DOT to…
While US President Donald Trump and his administration have come to the fore with their support for Bitcoin (BTC) and cryptocurrencies, there has also been a softening in important institutions such as the SEC. While the CFTC is expected to be among these institutions, interim CFTC Chair Caroline Pham made important statements. Pham said the agency will maintain tight control over the cryptocurrency industry despite the Trump administration's support. CFTC interim chairman Pham emphasized that the Trump administration’s cryptocurrency policy does not mean unconditional regulatory ease. Speaking at the Coinbase Summit, Caroline Pham said the agency will not ease its oversight of cryptocurrencies amid the Trump administration’s promise to support the industry. “There is no easy path for anyone and it is not easy for regulators either. Just because we are for innovation and growth doesn't mean you can break the law with impunity. And I'm not talking about twisting the law to criminalize an asset class or technology, I'm talking about lying, cheating and stealing.” Stating that fraud and theft will not be tolerated in the crypto industry at this point, Pham stated that the CFTC has ended its “regulation through enforcement” approach and shifted its focus to fraud and scams. Caroline Pham also recently criticized previous crypto policies under the Joe Biden administration. “Biden’s past laws and regulations have not only harmed cryptocurrencies but also the current derivatives market,” Pham said. *This is not investment advice. Continue Reading: CFTC Interim Chair Caroline Pham Makes Critical Statements About Cryptocurrencies! "Trump's Support Won't Make It Easier!"
Crypto market volatility rises in reaction to Israel’s attack on Iran, but the technical setup suggesting that the uptrend still remains intact.
Strategy founder suddenly emerges on X with a special Bitcoin tweet
Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), has made it clear that crypto firms shouldn’t expect a free pass on regulation just because political administration is shifting. Speaking at the Coinbase Annual Summit with Yahoo Finance, Pham said that Donald Trump’s crypto stance doesn’t mean companies can ignore the rules or operate outside the law. “There is no easy street for anybody, and regulators aren’t easy,” she stated. “Just because we are pro-innovation and pro-growth does not mean that you’re going to be able to get away with breaking the law.” The acting chair clarified that this does not mean the commission will unfairly target the crypto sector as the previous administration did. Instead, the focus will be on fair and firm enforcement to tackle real issues like fraud and misconduct. You might also like: SEC chair Paul Atkins proposes “innovation exemption” to spur onchain development Pham further criticized the Biden regulatory era. Echoing industry sentiment, she emphasized that regulators bent the rules to go after crypto in ways the law didn’t support, an approach she describes as undermining trust in the U.S. system. She added that fear-based policymaking curated out of wrong perceptions that the industry is “evil” no longer serves, stressing the importance of restoring regulatory clarity. Caroline Pham’s remarks come as U.S. crypto regulation takes a new form, especially with the appointment of Paul Atkins as the new Chairman of the Securities and Exchange Commission (SEC). Seen as a pro-crypto choice, Atkins is expected to help fulfill Trump’s promises to the sector and undo long-standing regulatory irregularities that have hindered growth. Earlier this month, the regulatory chief reaffirmed his mission to create clearer rules for the crypto industry. “A key priority of my Chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody, and trading of crypto assets,” he stated. Read more: Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings
Welcome back to the Chart Decoder Series, where we break down technical charting tools Bitfinex offers. So far, we’ve covered: Moving Averages (SMA & EMA) to spot trends and momentum Relative Strength Index (RSI) to identify overbought or oversold zones Moving Average Convergence Divergence (MACD) for timing entries and exits with trend shifts Now let’s dive into Bollinger Bands , a flexible tool that helps traders read volatility and spot extremes in price. What Are Bollinger Bands? Bollinger Bands consist of three lines: Middle Band : A 20-period simple moving average (SMA) Upper Band : The SMA + 2 standard deviations Lower Band : The SMA – 2 standard deviations They stretch and contract based on market volatility. When the bands are far apart: high volatility When they’re tight: low volatility (and often a big move is coming) How to Use It: Price exceeds the Upper Band This often signals overbought conditions. A short-term pullback or reversal may follow, though strong momentum can drive further gains. Price dips below the Lower Band This may indicate oversold conditions. A bounce is possible, but it’s best confirmed with additional indicators like RSI or volume. Price moves closely along the Upper Band Known as “walking the band,” this usually reflects a strong trend. While it can persist, traders should watch closely for fading momentum. Bands contract significantly A squeeze suggests the market is in a low-volatility phase. These periods often precede sharp breakouts in either direction. Bands begin to widen Indicates rising volatility. The market may be transitioning into a more active phase with larger price swings. Example in Action: Let’s break down what we’re seeing on a 1-hour BTC/USD chart on Bitfinex, using Bollinger Bands (BB 20, 2) as your main indicator. Current price: 105100 Middle Bollinger Band (20 SMA): 104978 Upper Band: 105619 Lower Band: 104337 In this example, BTC is sitting just above the Middle Band, showing tentative signs of strength. This is often a neutral-to-bullish zone, where price is deciding whether it wants to make a move or hang out sideways for a while longer. What’s interesting is that the Bollinger Bands were wider earlier , reflecting some sharp moves (clearly seen from the recent dips and spikes). But now they’re starting to contract , hinting that the market could be entering a consolidation phase . What Could Happen Next? Bullish Scenario: If BTC can hold above the Middle Band and we see a few strong candles push higher, a test of the Upper Band (~105619) is likely. A clean break above it could signal an incoming breakout (keep an eye on volume). If the price climbs without strong participation, it may just be a fake-out. Bearish Scenario: If BTC slides back below the Middle Band and volume picks up on red candles, we could revisit the Lower Band (~104337) pretty quickly. This would keep BTC in a short-term downtrend channel. Sideways Drift: The most probable scenario for now: consolidation. The slight tightening of the Bands suggests reduced volatility, meaning BTC might just range between the Middle and Upper/Lower bands while traders wait for a macro catalyst. Bollinger Bands work best when used with confirming indicators . If you’re serious about catching breakouts or reversals with more confidence, try pairing this with: RSI for overbought/oversold confirmation Volume for strength validation Candlestick patterns near the bands for entry signals BTC/USD Update with RSI + Bollinger Bands Current RSI (14): 51.47 This puts us right in the neutral zone between overbought (70) and oversold (30). No clear momentum yet, but… RSI has been slowly climbing out of a recent low and just broke above 50. This can sometimes be seen as a shift in short-term momentum , where bears are losing control and bulls are cautiously stepping in. Right now, the chart says: neutral-to-hopeful. BTC is crawling back from recent lows, with RSI nudging toward bullish territory. Still a waiting game. Pro Tips: Use Bollinger Bands with RSI or MACD to confirm signals Don’t assume every touch of the bands = reversal. Context is key Bollinger Band “squeezes” are often followed by powerful moves Watch for price – band divergence . This is when the price makes a new high but the band doesn’t widen. This could mean the trend is losing strength and a reversal or slowdown may be near. Try Bollinger Bands on Bitfinex: Log into Bitfinex Open any trading pair chart Add Bollinger Bands from the indicators menu Look for price breaking the bands, tight squeezes, or strong trends “walking the band” See Bollinger Bands in action Next in the Chart Decoder Series: Fibonacci Levels – how to spot natural price targets used by pros and algorithms alike. Bitfinex. The Original Bitcoin Exchange. The post Chart Decoder Series: Bollinger Bands – How to Trade Volatility Like a Pro appeared first on Bitfinex blog .