“This present sale is a continuation of our efforts to strive to lead the market given the strong cryptocurrency community,” Nikita Binani, Sotheby’s jewelry specialist and head of sales in London, told CoinDesk. “I would hope that we’re able to attract them towards this diamond.” Source link … [Read more...] about Sotheby’s to Accept BTC, ETH or USDC in Auction of Rare Black Diamond Called ‘The Enigma’
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Rare ‘Dune’ Manuscript Bought on DAO’s Behalf for $3M, but It Only Raised $700K
Last week, a crypto collective called ConstitutionDAO raised over $40 million in ETH to buy an original copy of the U.S. constitution at auction; it failed, outbid by the hedge fund billionaire Ken Griffin.But the idea of raising $40 million in a week on the strength of a meme has proven enticing, and copycats have emerged.So far, the most interesting of those is DuneDAO, a … [Read more...] about Rare ‘Dune’ Manuscript Bought on DAO’s Behalf for $3M, but It Only Raised $700K
Bad omen? US dollar and Bitcoin are both slumping in a rare trend
The price of Bitcoin (BTC) was struggling to stay above $56,000 on April 20, which whale clusters pinpointed as a crucial short-term price level.Yet, the U.S. dollar index (DXY) has continued to fall in recent weeks, dropping to its lowest point in seven weeks to 90.85.Bitcoin (blue) vs. DXY (orange) Source: TradingViewWhy is this a concerning trend?Alternative stores of value … [Read more...] about Bad omen? US dollar and Bitcoin are both slumping in a rare trend