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Uphold Relaunches US Debit Cards with 6% Ripple (XRP) Reward
Yahoo Financeยท 2025-10-30 18:39
Group 1: Uphold's US Debit Card Relaunch - Uphold has reintroduced its US debit card, allowing users to earn up to 6% in Ripple rewards on various payments [1][2] - The card supports spending over 300 cryptocurrencies anywhere Visa is accepted, marking Uphold's return to the US market after a service halt in March 2023 [1][3] - Users can earn an additional 4% in XRP rewards by allocating a portion of their paycheck to Uphold, bringing total potential rewards to 10% [2] Group 2: Market Context and Competition - The relaunch aligns with increasing interest in crypto payment solutions, as exchanges like Gemini are also launching competitive rewards programs [2] - Uphold's initiative reflects a commitment to rewarding crypto-native users while enhancing accessibility in the US amid a more favorable regulatory environment [3] Group 3: Ripple (XRP) Price Analysis - XRP has experienced a 3.9% decline in the last 24 hours, trading at $2.45, influenced by market uncertainty surrounding upcoming Trump-China trade talks and US Federal Reserve rate decisions [4] - Technical analysis indicates XRP is contained within the Keltner Channel, with immediate resistance at $2.55 and crucial support around $2.26 [5][6] - The Relative Strength Index (RSI) is at 43, suggesting neutral-to-weak momentum, while the Volume Delta shows contracting bearish momentum, indicating potential for a price recovery [6][7]