Week in review: Mar 12, 2021 - Beeple Banks $69M

week-in-review-beeple-banks-69m

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

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

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

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

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

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

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’

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

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.

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