Ledger’s Crypto Life Visa Card Boosts Bitcoin Adoption with 1% Cashback in U.S.

Ledger, a leading name in cryptocurrency hardware wallets, has rolled out its innovative Crypto Life (CL) Visa card for U.S. customers, marking a significant step toward mainstream crypto adoption. The card offers users 1% cashback in either Bitcoin (BTC) or USDC on all purchases, incentivizing everyday crypto spending. Enabled by Baanx, the card also supports direct paycheck deposits into on-chain accounts via bank transfers, bridging traditional finance with decentralized solutions. This launch aligns with surging institutional interest in self-custodial crypto products, as consumers increasingly seek control over their digital assets. Notably, household purchases account for 63% of CL card transactions, highlighting its practical utility. As of July 2025, this development reinforces Bitcoin's role as both a store of value and a spendable currency, potentially driving long-term demand.

Ledger Launches Crypto Life Visa Card in U.S. with Bitcoin Cashback

Ledger, the cryptocurrency hardware wallet firm, has introduced its Crypto Life (CL) Visa card to U.S. users, offering 1% cashback in Bitcoin (BTC) or USDC on purchases. The card, enabled by Baanx, allows direct paycheck deposits into on-chain accounts via bank transfers. This move aligns with growing institutional interest in self-custodial crypto solutions.

Household purchases dominate CL card usage at 63% of transactions, with entertainment and fashion showing the strongest growth. Jean-Francois Rochet of Ledger emphasized the card's role in providing real-world utility for digital assets. Simon Jones of Baanx highlighted the card as a step toward mainstream non-custodial crypto payments.

The CL Card will launch in the U.S. on June 30, 2025, excluding New York and Vermont.

Bitcoin 2025 Conference Highlights Institutional Adoption and Bullish Sentiment

The bitcoin 2025 Conference concluded at the Venetian Convention Center in Las Vegas, drawing over 25,000 attendees and 300 exhibitors. The event underscored the growing mainstream acceptance of cryptocurrency, particularly Bitcoin (BTC), as institutional investors like BlackRock and Metaplanet ramp up acquisitions.

U.S. Vice President JD Vance emphasized Bitcoin's role as a potential reserve asset, criticizing the Biden administration's regulatory approach. Meanwhile, Donald TRUMP Jr. and Eric Trump signaled the Trump Organization's deepening involvement in the crypto space.

Market sentiment remains bullish, with analysts predicting sustained momentum through year-end. The conference served as a barometer for Bitcoin's evolving narrative—from speculative asset to institutional cornerstone.

NVIDIA Earnings Report Temporarily Halts Bitcoin's Decline

Bitcoin's slide below $107,000 paused as NVIDIA's earnings report provided a temporary counterbalance to geopolitical tensions. The cryptocurrency found support NEAR $106,800, with traders weighing NVIDIA's mixed results against ongoing US-China chip restrictions.

NVIDIA's stock ROSE 3.5% after reporting $44.1 billion revenue, surpassing estimates. However, declining margins and a $120 million data center revenue shortfall revealed vulnerabilities. The company anticipates $8 billion in lost China sales next quarter, even as it ramps up production of its Blackwell AI Supercomputer.

Market participants appear to be treating NVIDIA's AI infrastructure demand as a proxy for tech sector health, creating fleeting stability for BTC. The pause comes amid escalating US-China trade tensions that initially drove Bitcoin's retreat.

Strive Asset Management CEO Urges Meta to Add Bitcoin to Corporate Balance Sheet

Strive Asset Management CEO Matt Cole made a public appeal to Meta CEO Mark Zuckerberg during his live address at the Bitcoin Conference in Las Vegas. Cole argued that the macroeconomic environment—marked by global debt concerns and currency devaluation—makes a compelling case for corporations to allocate reserves to Bitcoin.

"The case for putting bitcoin on your corporate balance sheet has never been stronger," Cole asserted. He highlighted Bitcoin's $2 trillion market cap and the erosion of fiat purchasing power, noting, "As M2 rises, the value of dollars or short-term Treasuries continues to decrease."

The discussion extended beyond inflation metrics, with Cole emphasizing the need to consider rising asset prices in equities and real estate. The appeal also tied into Meta's strategic focus on artificial intelligence, though specifics were cut off in the original text.

Bitcoin Critic Peter Schiff Clashes with VP JD Vance Over Crypto's Role as Inflation Hedge

Gold advocate and longtime Bitcoin skeptic Peter Schiff has publicly rebuked U.S. Vice President JD Vance following his pro-crypto remarks at the Bitcoin 2025 conference. The clash highlights the ideological divide between traditional commodity investors and digital asset proponents.

Vance framed Bitcoin as both a wealth creation engine and a necessary hedge against inflationary policies—a position Schiff dismissed as economically illiterate. "No actual wealth was created," Schiff countered, characterizing crypto markets as a zero-sum wealth transfer mechanism that misallocates capital.

The debate centers on inflation hedging strategies. While Vance endorsed Bitcoin's role in combating monetary debasement, Schiff insisted Gold and silver remain superior stores of value. Notably, Schiff turned the critique inward: "Rather than pushing speculative assets, the administration should fix the inflationary policies making hedges necessary."

Pakistan Announces Strategic Bitcoin Reserve and 2000MW Mining Initiative

Pakistan's government unveiled plans to establish a national Bitcoin reserve during the Bitcoin 2025 conference in Las Vegas. Minister of State for Blockchain and Crypto Bilal Bin Saqib confirmed the initiative, modeled after the U.S. government's proposed strategic BTC holdings. The reserve will be funded through forfeitures, mirroring America's approach with its estimated 200,000 BTC stockpile.

The Pakistani government allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers, inviting global miners to establish operations. "This wallet is not for speculation or hype," Bin Saqib emphasized. "We will never sell these bitcoins." The announcement signals Pakistan's alignment with global crypto trends, including monitoring U.S. stablecoin legislation like the GENIUS Act.