XRP goes big in New York

The top U.S. exchange, Gemini, is making the most of its XRP product with a new billboard in the heart of the Big Apple.

• “Spend Dollars, Earn XRP.” That is the message behind the exchange’s massive new billboard in the USA’s biggest city.

Founded by the Winklevoss brothers, the U.S. cryptocurrency exchange has really upped its advertising game for its new XRP card, launched earlier this week. As U.Today reported, this helped Gemini briefly overtake its biggest competitor, Coinbase, on Apple’s App Store.

• Success is questionable. Gemini cards received a mixed response from the XRP community.

Some XRP enthusiasts criticized Gemini’s solution for not really bringing anything new to the table. Despite the negativity, a bunch of Ripple executives and CEO Brad Garlinghouse in particular were not against showing off their XRP cards, which were launched in partnership with the enterprise blockchain company.

Ignoring the backlash from the community, the latest ad campaign shows that Gemini is serious about staying competitive in the U.S. crypto exchange market and sees XRP as a valuable asset in its efforts to compete with Coinbase, Kraken and Binance U.S.

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Star investor Ray Dalio reveals why crypto is real alternative to dollar

The hedge fund veteran says the clock is running out on what he calls the “big debt cycle.” Interestingly, cryptocurrencies — Bitcoin in particular — are at the center of attention, just as Satoshi Nakamoto designed it to be in 2008.

The star investor points to crossroads. If banks step back, it will be the natural market forces that push interest rates higher. That could cool inflation. But it would push households and companies into default as debt would become harder to carry.

The flip side is printing more money through quantitative easing, which might keep the system alive but chips away at trust in fiat, and Dalio warns of a loop where rising debt forces even more money creation, eating into the dollar’s credibility as a safe store of wealth.

He still prefers gold but is also open to crypto, recently saying up to 15% of a portfolio could go into Bitcoin or gold for the best risk-return mix. Some may see it as a far cry from his earlier stance, but the sign that hard-capped assets like BTC are moving up the ladder in Dalio’s playbook is evident.

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Dogecoin rockets 617% in liquidation imbalance as DOGE bulls take $7 million hit

Dogecoin, the “meme coin king,” has started September with $8.11 million in liquidations, hitting bulls the hardest as the DOGE price plunges back to 21 cents.

• What happened? A whopping $8.11 million in liquidations were accounted for by Dogecoin in the last 24 hours, with $6.98 million coming from longs, while shorts lost just $1.13 million — a stunning 617% liquidation imbalance.

According to CoinGlass, this DOGE wipeout was part of a wider $371 million flush-out across the entire crypto market. It was the long positions that suffered the most, showing how fragile all the optimism was. In an evident display of how risky leverage can be in historically choppy September conditions, bulls took the biggest hit.

As market analysts point out, the $0.208 zone has been tested five times and is now seen as a critical support level for the coin. On the upside, $0.225 — a price that lines up with the 50-day moving average — stands as the first major resistance. If Dogecoin breaks above that, a stronger recovery might be in the cards. But there’s a chance that if it keeps being rejected, there could be more selling pressure.

• September promises to be busy. Usually, this month is one of the weakest for crypto, but will 2025 be any different for Dogecoin?

There are quite a few checkpoints that might have the answers you are looking for. The first thing to watch is the Federal Reserve’s policy meeting on Sept. 16-17, which is likely to have a big impact on crypto prices.

With the big picture still looking totally uncertain, it seems like Dogecoin’s next big move might have more to do with how global markets react to the Fed’s message than how much retail investors are feeling it.

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Two of South Korea’s biggest political parties are on the centre stage, and have announced their rival Stubcoin bills within the country. The ban on paying interest on Stablecoins is the most controversial issue in the Stablecoin bill.

Lawmakers from both the ruling Democratic Party (DP) and the opposition People’s Rights Party (PPP) introduced laws in late July 2025 that could pave the way for winning stubcoins.

According to a local news report released on July 28, 2025,His ruling party believes interest payments should be banned to prevent market disruption, but the opposition believes that winning stubcoins need to be competitive. ”

Each proposal reflects differences in innovation, protection and financial sovereignty.

South Korea has introduced a stubcoin law to support winners led by President Lee Jae Myung. Key players Ahn Do-Geol and Jin Sung-Joon develop a framework focused on financial stability and draw lessons from the Terra-Luna Crisis. Moef and Bok will work together to secure regulators… pic.twitter.com/orjuxdwmfs

– binodes (@binodes_) July 29, 2025

Explore:12+ Hottest Encryption Presale to Buy Now

South Korea’s bill addresses the growing advantage of USD-based stubcoins

South Korean Democratic Party member Ando-Geol has introduced the “Law on the Issuance and Distribution of Valued Digital Assets.” On the same day, People Power Member Eun-Hye Kim introduced “Payment Innovation Method Using Fixed-Price Digital Assets.”

The DP initiative is the country’s first comprehensive legislative blueprint to specifically manage stubcoins that support South Korea’s victory. Meanwhile, the opposition PPP has submitted its own version that emphasizes stricter financial discipline and explicitly prohibits Stablecoin Holdings’ interest payments.

The newly elected South Korean president, Lee Jae-myeon, has openly advocated for stubcoin, and his administration shows that it will fill a major gap in the country’s financial environment.

Jae-Myung proposes low company eligibility in defending Stablecoins, as a 500m winner ($370,000) to be able to issue Stablecoins.

Exploration: Korea’s CBDC test paused in favor of stubcoin

South Korea suspends CBDC plans as Stablecoins acquire the ground

Increased market penetration and the adoption of stubcoin have put dampers on South Korea’s CBDC plan. The country has applied the brakes to its continued CBDC trial program since April this year, triggering the revival of Stablecoin amid political support.

The Bank of Korea (BOK) confirmed the current situation in a statement given to Bloomberg via its representative on June 30, 2025.

Additionally, senior representatives of one of the seven banks participating in the CBDC trial in South Korea have informed local publications of how the CBDC will consolidate until the central bank sees the government’s Stablecoin strategy.

Explore: Top 20 Cryptos to Buy in June 2025

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Jack Dorsey’s financial services company Block is set to let shops take bitcoin right at the cash register. It’s a new twist on how you pay, and it might change small businesses’ options.

Bitcoin Payments On Square Hardware

According to Block, starting in the second half of 2025, merchants using Square Point of Sale can accept bitcoin. The push rests on the Lightning Network, which handles payments in under a second and keeps fees low.

At Bitcoin 2025 in Las Vegas from May 27–29, shoppers can try it out at the BTC Inc. merchandise store.

A Two-Phase Rollout

Based on reports, the first phase rolls out later this year. Then, subject to approvals, every eligible seller could be live by 2026. That means millions of Square users may add bitcoin to their checkouts alongside credit cards and cash. It’s a big step for a tool many small shops already use.

Today: we’re accepting bitcoin payments at @TheBitcoinConf
Soon: you can accept bitcoin payments wherever you are

Details here: https://t.co/ko2S9hFpih pic.twitter.com/IYlYV6XM2S

— Square (@Square) May 27, 2025

From Conversions To Checkout

Block first let merchants convert part of their daily takings into bitcoin in 2024. Now they’ll take crypto up front. When a customer pays, Square’s app handles the exchange rate and confirmation. Stores see payouts faster. And customers who hold bitcoin get to use it without extra steps.

Filling Out A Bitcoin Toolbox

Block isn’t stopping at payments. Its Cash App has had bitcoin buy, sell, and send features for years. Then there’s Bitkey, launched in March 2024, a self-custody wallet without tricky seed phrases.

Soon it will add stronger privacy and smarter recovery tools, including ways to pass funds on to heirs. There’s also Proto mining gear and Spiral, which backs bitcoin projects. Together, they cover buying, storing, spending, and even building with bitcoin.

Image: iStock

Merchants will still face price swings if they choose to hold bitcoin. But automatic conversions remain an option. And for those who do hold, using the Lightning Network can cut costs versus 2%–3% credit-card fees.

Meanwhile, regulators will watch closely. Approvals may vary by region. But if all goes as planned, shoppers will see a new “bitcoin” button on Square screens in early 2026.

It’s early days, but this looks like a real test of bitcoin’s original peer-to-peer idea. Some will welcome lower fees and fast settlement. Others will wait and see if it sticks. Either way, small shops soon have a fresh way to get paid.

Featured image from Unsplash, chart from TradingView

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