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The Block is Getting Greener: Top Environmentally Aware Blockchain and Crypto Projects
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BitTorrent Price Up By 4 09% - Time To Buy BTT?
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6 hours ago
Founded in London in 1766, art auction house Christie’s is a symbol of yesteryear and yet the company appears to be on the cutting edge. In March, Christie’s sold a collage by the digital artist Mike Winklemann, better known as Beeple, for 42,329 Ether, at the time the cryptocurrency equivalent of $69.3 million.
The artwork was sold as a nonfungible token (NFT), a sort of certificate of authenticity minted on the ethereum blockchain.
The sale was part of a larger boom market for NFTs that peaked in February and March, which has somewhat subsided since. But Christie’s remains long on NFTs. The auction house has this year sold a series of Andy Warhol NFTs for a combined $3.3 million, a digital version of Banksy’s street art for $100,000, and a collection from the 18-year-old digital artist FEWOCiOUS for a combined $2.2 million. In short, Christie’s is embracing an emerging market, as is its counterpart Sotheby’s. So Quartz caught up with Noah Davis, Christie�
Bitcoin (CCC:
BTC-USD) stumbled below $30,000 last week, many investors feared the worst. Certainly, the circumstances don’t bode well for cryptos in the near term. However, the volatility seems to have woken up the bulls. BTC traded around $33,000 heading into last weekend and is now priced at $38,000. Is this a new rally for the crypto market?
To be completely up front, nobody truly knows what’s going to happen with digital assets. At the same time, it’s important to put the recent rise in BTC and other cryptos in context. The bears likely smell blood in the water, so I wouldn’t let the big percentage move distract you from the wider narrative.
Justin Sun Takes Up Appointment to Co-CoordinateCCP Backed Research Project
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