Today in crypto, Donald Trump Jr. joined the board of prediction platform Polymarket, blue-chip NFT collections saw double-digit price gains, and Gemini overtook Coinbase on the US Apple App Store charts just hours after launching an XRP Ma…
Today in crypto, Donald Trump Jr. joined the board of prediction platform Polymarket, blue-chip NFT collections saw double-digit price gains, and Gemini overtook Coinbase on the US Apple App Store charts just hours after launching an XRP Mastercard.
Trump Jr. joins Polymarket board as prediction market eyes US comeback
Prediction market Polymarket has added Donald Trump Jr. to its advisory board after receiving a strategic investment from 1789 Capital, which describes itself as a politically aligned vehicle backing companies it sees advancing “American exceptionalism.”
The companies did not reveal financial terms, but Axios estimated the investment at “double-digit millions of dollars."
Trump Jr. became a partner in the fund in 2024. In a Tuesday statement, he said that "Polymarket cuts through media spin and so-called 'expert' opinion by letting people bet on what they actually believe will happen in the world."
The investment follows Polymarket's efforts to a regulated return to the US market, after being forced to block users under a Commodity Futures Trading Commission (CFTC) action.
In 2022, the CFTC fined the company $1.4 million for operating an unregistered swaps platform and ordered it to block American users. To re-establish a legal foothold, it acquired CFTC-licensed derivatives exchange QCEX for $112 million in July 2025, coinciding with the closure of CFTC and Department of Justice investigations into the platform.
Blue chip NFTs sink double digits as ETH retreats from record highs
Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs.
Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the hardest hit.
Pudgy Penguins, the top NFT collection by 24-hour and 7-day volume, saw a 17.3% drop to a 10.32 Ether (ETH) floor price. BAYC shed 14.7% to 9.59 ETH, while Doodles recorded one of the sharpest corrections, dropping 18.9% to 0.73 ETH. Other major collections like Moonbirds and Lil Pudgys dropped 10.5% and 14.6%, respectively.
The NFT floor price drop followed a sharp ETH retracement after hitting new all-time highs. On Monday, CoinGecko data showed that ETH reached a new all-time high of $4,946. ETH dropped 12% on Tuesday to $4,342 before recovering slightly. At the time of writing, the crypto asset traded at $4,433.
Gemini flips Coinbase on app store after XRP Mastercard launch
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, surpassed Coinbase in the app store charts after launching an XRP-rewards credit card with Ripple Labs and Mastercard.
“This limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking,” Gemini said in an X post on Monday.
Sensor Tower data shows Gemini overtook Coinbase in the finance category rankings in the US after the announcement, with Gemini at 16th place at the time of publication, and Coinbase at 20th.
Gemini co-founder Tyler Winklevoss said, “The flippening is accelerating” in an X post on Monday.
The event may be seen as significant as Coinbase has over three times the daily trading volume of Gemini, recent data from Messari shows.
