In recent crypto news, Donald Trump Jr. has joined the advisory board of Polymarket, a prediction market, after a significant investment from 1789 Capital. This investment aims to facilitate Polymarket's regulated return to the U.S. market following prior restrictions imposed by the CFTC. Additionally, the blue-chip NFT market has experienced sharp declines in floor prices as Ethereum saw a pullback from its all-time highs, with major collections like Pudgy Penguins and Bored Ape Yacht Club losing double digits in value. Currently, Ethereum is trading around $4,433 after dropping from a peak of $4,946. In other developments, Gemini has surpassed Coinbase in the U.S. Apple App Store rankings, following the launch of its XRP-rewards credit card in partnership with Ripple Labs and Mastercard. Gemini has moved to 16th place in finance apps, while Coinbase has dropped to 20th. This shift may suggest a changing landscape in the competitive exchange market, despite Coinbase's higher trading volume.

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