Shiba Inu unleashes debit card—spend SHIB, fetch rewards
Shiba Inu has introduced a cryptocurrency debit card in collaboration with Bitget Wallet, according to an announcement from the project, marking an expansion of the token’s payment utility.
- Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York).
- The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings.
- The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market.
The Shiba Inu-branded (SHIB) card offers zero-fee spending with no conversion fees, foreign exchange fees, or hidden spreads, according to the companies. Early adopters will receive Shiba Inu token rewards as part of the onboarding program.
The announcement generated social media attention but resulted in limited immediate price movement, according to market data. Shiba Inu continues to trade significantly below its all-time high price levels.
Shibarium, the project’s layer-2 blockchain launched in 2023, has experienced periodic activity spikes but has faced challenges in maintaining a consistent active user base, according to network data.
Technical chart analysis shows Shiba Inu currently retesting the lower support level of a multi-month descending channel pattern. Trading indicators suggest potential accumulation activity at current price levels, according to technical analysts monitoring the token.
The cryptocurrency meme coin sector has historically experienced capital rotation patterns, with market attention shifting between tokens including Dogecoin (DOGE), Shiba Inu, Floki (FLOKI), Bonk (BONK), Dogwifhat (WIF), and Neiro during previous market cycles.
Maxi Doge, another Dogecoin-themed token, has gained attention amid broader interest in dog-themed cryptocurrencies, coinciding with discussions around potential Dogecoin exchange-traded funds and the DOGE-1 lunar mission project.
Shiba Inu’s market performance and adoption metrics remain subject to broader cryptocurrency market conditions and user adoption of the new payment card functionality.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates Today: ABTC's Bold Bitcoin Strategy: Will the Hybrid Approach Surpass Market Fluctuations?
- American Bitcoin Corp. (ABTC) aims to scale to 50 EH/s hashing capacity via a hybrid model combining mining and Bitcoin treasury growth, leveraging a 2025 reverse merger with Hut 8’s Gryphon Digital Mining. - The merger, backed by Trump affiliates, enables ABTC to acquire Bitcoin at half market cost, driving Q3 2025 revenue growth to $64.2M with 56% gross margin from energy-efficient mining operations. - Risks include Bitcoin price volatility (noted $5.5M Q3 losses) and rising competition for affordable
Bitcoin Update: Crypto Market Plunges Amid Fed Policy Ambiguity and Data Void
- Bitcoin fell below $86,000 in late November 2025 as delayed U.S. jobs data and Fed policy uncertainty triggered a crypto sell-off. - BLS delayed October employment figures and November report, reducing December rate cut odds to 33% and eroding market clarity. - Fed internal divisions and a "data black hole" intensified volatility, with Ethereum and major cryptos losing 5-12% in 24 hours. - Fiscal acceleration and Trump tax-cut bill added complexity, while crypto liquidations hit $443M and stablecoin issu
Kenyan Drivers' Demonstrations Lead to Fare Increases, Challenging the Stability of the Gig Economy
- Kenyan authorities mandated a 50% fare hike for Uber and Bolt to address drivers' protests over "exploitative labor practices." - The directive, aligning with AAK guidelines, requires immediate compliance within seven days to resolve unsustainable driver earnings. - Drivers claim current fares fail to cover operational costs, leading to loan defaults and vehicle repossessions, while unions threaten legal action. - The government collaborates with the World Bank to draft a national taxi pricing policy, ai
Coca-Cola Encounters Legal Obstacles Amid Shift to Automated Retail
- Coca-Cola executives sold $12M in shares amid Australian legal disputes and regulatory challenges over pricing arrangements. - The company partnered with Kende Retail to launch Hungary's first autonomous retail store, planning 15 unmanned locations by 2026. - Analysts raised price targets to $80-$81, citing strong Q3 earnings with 6% organic revenue growth and resilient core markets. - Legal battles and regulatory scrutiny highlight Coca-Cola's need to balance innovation with compliance in the coming mon
Trending news
MoreCrypto prices
More
