Top Stories This Week
There’s plenty to discuss in the crypto markets, but this week, nonfungible tokens have stolen the limelight… for multiple reasons.
Digital artist Mike Winkelmann, also known as Beeple, has made history after his latest piece “Everydays: The First 5000 Days” sold for a whopping $69.3 million following an auction at Christie’s.
Only two other living artists, Jeff Koons and David Hockney, have created more expensive works… and as you might expect, this is the priciest NFT ever sold.
It’s a pretty special one at that. “Everydays” consists of 5,000 unique images, produced every day for 13-and-a-half years.
Bitcoin price sheds 5% after Oracle keeps quiet on $4B BTC allocation rumors Claims that Oracle would announce a 72,000 Bitcoin buy-in on Wednesday were left unsubstantiated by executives as Bitcoin fell from local highs of $57,300. 41405 Total views Market Update
Bitcoin (BTC) fell $2,000 overnight on March 11 after United States-based multinational Oracle dispelled rumors that it had bought 72,000 BTC.
BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview
Data from Cointelegraph Markets and TradingView showed BTC/USD returning to $55,000 on Thursday after hitting local highs of around $57,00.
The previous day had delivered strong performance across cryptocurrency, with bulls eagerly awaiting a retest of Bitcoin s all-time highs at $58,300.