Last week we mentioned that Christie’s auction house had an online auction going for NFT art by Beeple. The auction wrapped up this week with Beeple’s “First 5000 days” digital collection selling for a record breaking $69.3M. NFT’s are exploding at the moment. Even Gronk is getting into NTF!
In other news, PayPal has confirmed that it is buying crypto security firm Curv and Bitcoin reaches US$1T in market value. Read this weeks round up.
Beeple NFT Sold for Record-Setting $69.3M at Christie’s Auction
CoinDesk: March 11, 2021
Just when you thought NFTs couldn’t get any crazier. Storied auction house Christie’s has wrapped its sale of “EVERYDAYS: THE FIRST 5000 DAYS” by crypto artist Beeple.
Cathie Wood sees bitcoin joining stocks and bonds as part of the classic balanced portfolio
CNBC: March 8, 2021
A 60-40 portfolio that’s split between stocks and bonds may look more like 60-20-20, Wood said. That is, 60% in equities, 20% in bonds and 20% in cryptocurrency.
Major Swiss retailers set to debut Bitcoin gift cards
CoinTelegraph: March 9, 2021
Manor and Valora are leveraging the current crypto hype to sell Bitcoin gift cards in their stores across Switzerland. Switzerland’s crypto boom has entered another dimension with retailers rolling out Bitcoin (BTC) vouchers and gift cards.
What Biden’s $2 Trillion Stimulus Package Means for Bitcoin
Decrypt: March 11, 2021
President Biden’s $1.9 trillion COVID-19 stimulus package has been approved by the House—and another round of checks could send Bitcoin higher. So where does Bitcoin fit in?
Bitcoin’s market value passes US$1T again amid risk rally
BNN Bloomberg: March 10, 2021
The world’s largest digital asset rose as much as 5.2 per cent before trading around US$57,000 as of (03/10/2021) 12:23 p.m. in New York. It passed US$1 trillion for the first time in February on its way to a record high of US$58,350.
PayPal Confirms It’s Buying Crypto Security Firm Curv
CoinDesk: March 8, 2021
PayPal said Monday it has agreed to acquire Israel-based Curv, a provider of cloud-based infrastructure for digital asset security. The financial terms of the deal were not disclosed.
Anthony Scaramucci: I’m Only Focused on Bitcoin, the ‘Big Dog’
Decrypt: March 10, 2021
The Skybridge co-founder and former White House comms director is all in on Bitcoin, and only Bitcoin, because it’s so hard to combat crypto FUD.
Moving Towards a Digital Payment Mechanism Forming a Cashless Society
Alt 5 Pro: March 8, 2021
Moving towards a digital payment mechanism forming a cashless society has become apparent over the last year especially with Covid-19 pandemic.