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Wet Paint: NFT Collective Whines Over Cryptopunks Sale, Coveted Young Artist Joins Hauser & Wirth, & More Art-World Gossip Which art dealer is sitting courtside at Knicks playoff games? What famed artist-made house hit the market? Read on for answers. Nine CryptoPunks at Christie's 21st-century evening sale on May 13, 2021. Courtesy of Christie's. Every week, Artnet News Pro brings you Wet Paint, a gossip column of original scoops reported and written by Nate Freeman. If you have a tip, email Nate at [email protected]   Love them or hate them—and believe you me, people do hate them!— N...

May 25, 2021 The solution to the problem facing billions of people around the world: access to a cheap, secure and reliable savings account. Note: With its fixed supply, open-source software and peer-to-peer (p2p) structure, bitcoin is the global money of the people, by the people, for the people. What Is Bitcoin? There are countless responses to this simple question and bitcoin analogies are plentiful from bamboo to mycelium and, most relevant for this article, gold 2.0. For people unfamiliar with bitcoin’s attributes, the following infographic by Bitcoin OG Wences Casares is useful: Note...

Markets Fret the Fed Is Making a Big Mistake May 20 2021, 8:46 AM May 19 2021, 10:43 PM May 20 2021, 8:46 AM (Bloomberg Opinion) -- A once-unthinkable notion is becoming possible: The European Central Bank may start talking about ratcheting back easy-money policies before the Federal Reserve does. Even more curious is that this would not be the result of the usual policy drivers relating to inflation, growth, financial stability and fiscal policy. Rather, it would reflect a Fed-specific duality happening now: Not only does the U.S. central ... (Bloomberg Opinion) -- A once-unthinkable noti...

John Authers and Mohamed El-Erian on What Comes After Reflation Apr 21 2021, 2:06 AM April 21 2021, 12:46 AM April 21 2021, 2:06 AM (Bloomberg) -- Here’s a complete transcript of the live blog event “What Comes After Reflation: Q&A With El-Erian & Authers.” The blog entries are in the order they were originally posted. (Bloomberg) -- Here’s a complete transcript of the live blog event “What Comes After Reflation: Q&A With El-Erian & Authers.” The blog entries are in the order they were originally posted. 04/20 02:39 ET Welcome to our TOPLive Q&A on reflation, how...

A Crypto-Weekend Bitcoin never sleeps, or at least it doesn’t take weekends off. It also has a strong tendency for dramatic moves on a Sunday. Here’s what happened since the beginning of last week: At one point, bitcoin was down 20.3% from its peak just before Coinbase Global Inc. started trading Wednesday. It’s hard to believe the share debut had nothing to do with the decline. By far the biggest cryptocurrency exchange to go public, Coinbase immediately started to give ground after finding a price, and took bitcoin with it. This is a screengrab of Coinbase shares and bitcoin on We...