Coinbase Launches Bitcoin Rewards Card to Drive Subscriber Growth
Coinbase has launched a Bitcoin rewards credit card, with possible plans to support multiple tokens over time, Decrypt was told.
By Liz Napolitano
2 min read
Jun 13, 2025

On Thursday, Coinbase unveiled its first-ever branded credit card that rewards its holders in Bitcoin—a perk that could draw more customers to the crypto exchange's subscription service, Coinbase One.
The Coinbase One Card will offer up to 4% Bitcoin back on cardholders’ purchases. Launching this fall in partnership with American Express, the credit card will be available exclusively to U.S.-based Coinbase One customers.
The subscription service touts zero trading fees and more robust staking rewards, among other benefits.
Bitcoin’s several breakouts past $110,000 this week have pushed bullish market sentiment to a seven-month high, which was last seen during US President Donald Trump’s election win.
As of June 11, there are 2.12 positive Bitcoin comments for every negative comment on social media, crypto analytics platform Santiment said in a June 11 X post.
This is the highest ratio since Nov. 6, the day after Trump won the presidential election, when Bitcoin surpassed $70,000 for the first time
Bitcoin’s several breakouts past $110,000 this week have pushed bullish market sentiment to a seven-month high, which was last seen during US President Donald Trump’s election win.
As of June 11, there are 2.12 positive Bitcoin comments for every negative comment on social media, crypto analytics platform Santiment said in a June 11 X post.
This is the highest ratio since Nov. 6, the day after Trump won the presidential election, when Bitcoin surpassed $70,000 for the first time
The cryptocurrency gained 2% on Monday, briefly touching a peak of $108,900 before settling back slightly. This uptick reflects growing investor optimism regarding the potential resolution of trade disputes between the US and China, one of its largest trading partners.
Treasury Secretary Scott Bessent and China’s Vice Premier for Economic Policy, He Lifeng, are set to lead their respective delegations in discussions that began Monday and are expected to continue into Tuesday, as reported by Fortune.
The cryptocurrency gained 2% on Monday, briefly touching a peak of $108,900 before settling back slightly. This uptick reflects growing investor optimism regarding the potential resolution of trade disputes between the US and China, one of its largest trading partners.
Treasury Secretary Scott Bessent and China’s Vice Premier for Economic Policy, He Lifeng, are set to lead their respective delegations in discussions that began Monday and are expected to continue into Tuesday, as reported by Fortune.
The cryptocurrency gained 2% on Monday, briefly touching a peak of $108,900 before settling back slightly. This uptick reflects growing investor optimism regarding the potential resolution of trade disputes between the US and China, one of its largest trading partners.
Treasury Secretary Scott Bessent and China’s Vice Premier for Economic Policy, He Lifeng, are set to lead their respective delegations in discussions that began Monday and are expected to continue into Tuesday, as reported by Fortune.
Schwartz said he couldn't say everything he knows because of a non-disclosure agreement, but he made it clear that the real story is darker than it seems. "It's way more evil than most people realize," he wrote.
Also known as "Bitcoin Jesus" for his early support of BTC, Ver invested in key crypto startups like BitPay, Kraken, Blockchain.com and Ripple itself. Later on, he became a big supporter of Bitcoin Cash, which split from Bitcoin's mainstream direction in 2017 over scaling disputes
Schwartz said he couldn't say everything he knows because of a non-disclosure agreement, but he made it clear that the real story is darker than it seems. "It's way more evil than most people realize," he wrote.
Also known as "Bitcoin Jesus" for his early support of BTC, Ver invested in key crypto startups like BitPay, Kraken, Blockchain.com and Ripple itself. Later on, he became a big supporter of Bitcoin Cash, which split from Bitcoin's mainstream direction in 2017 over scaling disputes
Schwartz said he couldn't say everything he knows because of a non-disclosure agreement, but he made it clear that the real story is darker than it seems. "It's way more evil than most people realize," he wrote.
Also known as "Bitcoin Jesus" for his early support of BTC, Ver invested in key crypto startups like BitPay, Kraken, Blockchain.com and Ripple itself. Later on, he became a big supporter of Bitcoin Cash, which split from Bitcoin's mainstream direction in 2017 over scaling disputes
Schwartz said he couldn't say everything he knows because of a non-disclosure agreement, but he made it clear that the real story is darker than it seems. "It's way more evil than most people realize," he wrote.
Also known as "Bitcoin Jesus" for his early support of BTC, Ver invested in key crypto startups like BitPay, Kraken, Blockchain.com and Ripple itself. Later on, he became a big supporter of Bitcoin Cash, which split from Bitcoin's mainstream direction in 2017 over scaling disputes
A similar structure is now visible, with a divergence forming just below the $112,000 high and a projected pullback target near the 200-week EMA at around $64,000, marking a potential 52% decline.
This historical setup casts doubt on Bitcoin reaching the widely discussed $150,000 target by the end of 2025, especially if the divergence confirms a broader market top similar to past cycles.
Veteran trader Peter Brandt adds further weight to this outlook.
In his May 2025 analysis, Brandt identified a rising wedge pattern and warned that Bitcoin must reclaim its parabolic trendline to stay on track for a $125,000–$150,000 cycle top by August or September 2025.
A similar structure is now visible, with a divergence forming just below the $112,000 high and a projected pullback target near the 200-week EMA at around $64,000, marking a potential 52% decline.
This historical setup casts doubt on Bitcoin reaching the widely discussed $150,000 target by the end of 2025, especially if the divergence confirms a broader market top similar to past cycles.
Veteran trader Peter Brandt adds further weight to this outlook.
In his May 2025 analysis, Brandt identified a rising wedge pattern and warned that Bitcoin must reclaim its parabolic trendline to stay on track for a $125,000–$150,000 cycle top by August or September 2025.
A similar structure is now visible, with a divergence forming just below the $112,000 high and a projected pullback target near the 200-week EMA at around $64,000, marking a potential 52% decline.
This historical setup casts doubt on Bitcoin reaching the widely discussed $150,000 target by the end of 2025, especially if the divergence confirms a broader market top similar to past cycles.
Veteran trader Peter Brandt adds further weight to this outlook.
In his May 2025 analysis, Brandt identified a rising wedge pattern and warned that Bitcoin must reclaim its parabolic trendline to stay on track for a $125,000–$150,000 cycle top by August or September 2025.
A similar structure is now visible, with a divergence forming just below the $112,000 high and a projected pullback target near the 200-week EMA at around $64,000, marking a potential 52% decline.
This historical setup casts doubt on Bitcoin reaching the widely discussed $150,000 target by the end of 2025, especially if the divergence confirms a broader market top similar to past cycles.
Veteran trader Peter Brandt adds further weight to this outlook.
In his May 2025 analysis, Brandt identified a rising wedge pattern and warned that Bitcoin must reclaim its parabolic trendline to stay on track for a $125,000–$150,000 cycle top by August or September 2025.
According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.
#OrderTypes101 According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.
According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.
According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.
According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.
According to Whale Alert, in the past one hour, a whale offloaded 917 BTC worth $94.30 billion to Coinbase Institutional. Moreover, a larger investor dumped 26.67 million XRP to Coinbase, signaling another bearish move. Typically, large crypto movements from wallet to exchange indicate a selloff move.
Thus, these transactions could have been responsible for the crypto market’s downfall amid macroeconomic pressures as the U.S. Federal Reserve shows no signs of cutting interest rates. Further, 2.86 trillion Shiba Inu (SHIB) tokens were dumped onto Coinbase Institutional, again suggesting a sell move.