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The Cryptonomics™ > Blockchain > What Occurred In Crypto At present
Blockchain

What Occurred In Crypto At present

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Last updated: August 26, 2025 11:39 pm
admin Published August 26, 2025
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What Occurred In Crypto At present


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Trump Jr. joins Polymarket board as prediction market eyes US comebackBlue chip NFTs sink double digits as ETH retreats from report highsGemini flips Coinbase on app retailer after XRP Mastercard launch

At present in crypto, Donald Trump Jr. joined the board of prediction platform Polymarket, blue-chip NFT collections noticed double-digit worth features, and Gemini overtook Coinbase on the US Apple App Retailer charts simply 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 funding from 1789 Capital, which describes itself as a politically aligned automobile backing firms it sees advancing “American exceptionalism.”

The businesses didn’t reveal monetary phrases, however Axios estimated the funding at “double-digit thousands and thousands of {dollars}.”

Trump Jr. turned a accomplice within the fund in 2024. In a Tuesday assertion, he stated that “Polymarket cuts by media spin and so-called ‘knowledgeable’ opinion by letting individuals wager on what they really imagine will occur on the earth.”

The funding follows Polymarket’s efforts to a regulated return to the US market, after being compelled to dam customers underneath a Commodity Futures Buying and selling Fee (CFTC) motion.

In 2022, the CFTC fined the corporate $1.4 million for working an unregistered swaps platform and ordered it to dam American customers. To re-establish a authorized foothold, it acquired CFTC-licensed derivatives trade QCEX for $112 million in July 2025, coinciding with the closure of CFTC and Division of Justice investigations into the platform.

Blue chip NFTs sink double digits as ETH retreats from report highs

Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled again from all-time highs. 

Knowledge from decentralized finance aggregator DefiLlama confirmed that high tasks noticed their ground costs sink by double digits within the final seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Membership (BAYC) and Doodles had been among the many hardest hit.

Pudgy Penguins, the highest NFT assortment by 24-hour and 7-day quantity, noticed a 17.3% drop to a ten.32 Ether (ETH) ground worth. BAYC shed 14.7% to 9.59 ETH, whereas Doodles recorded one of many sharpest corrections, dropping 18.9% to 0.73 ETH. Different main collections like Moonbirds and Lil Pudgys dropped 10.5% and 14.6%, respectively.

Prime NFT collections by buying and selling quantity. Supply: DefiLlama

The NFT ground worth drop adopted a pointy ETH retracement after hitting new all-time highs. On Monday, CoinGecko information confirmed that ETH reached a brand new all-time excessive of $4,946. ETH dropped 12% on Tuesday to $4,342 earlier than recovering barely. On the time of writing, the crypto asset traded at $4,433.

Gemini flips Coinbase on app retailer after XRP Mastercard launch

Gemini, the cryptocurrency trade based by the Winklevoss twins, surpassed Coinbase within the app retailer charts after launching an XRP-rewards bank card with Ripple Labs and Mastercard. 

“This restricted version steel card offers as much as 4% again in XRP immediately. No ready, simply stacking,” Gemini stated in an X submit on Monday.

Bitcoin Price, Telegram, Policies, Stock Exchange, Whale, Companies
On Aug. 6, Gemini was ranked 117 within the finance class, whereas Coinbase was sitting at 26. Supply: Sensor Tower

Sensor Tower information exhibits Gemini overtook Coinbase within the finance class rankings within the US after the announcement, with Gemini at sixteenth place on the time of publication, and Coinbase at twentieth. 

Gemini co-founder Tyler Winklevoss stated, “The flippening is accelerating” in an X submit on Monday.

The occasion could also be seen as important as Coinbase has over thrice the day by day buying and selling quantity of Gemini, current information from Messari exhibits.



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