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Sotheby’s is partnering with Coinbase to accept bitcoin and ether as payment options in an upcoming auction of a Banksy painting.
Since 1744, auction house Sotheby’s has been known as a seller of famous artwork and luxury items. The company is dipping its toes in the NFT space with a well-known digital artist. What Happened: Sotheby’s announced a collaboration with leading digital artist Pak. Well-known as a designer and developer, Pak is an anonymous top name in the NFT space. Pak has produced digital art for decades and could rise to be a top name in the NFT space with the experience and anonymity creating some suspense from collectors. Sotheby’s will sell several versions of the Pak NFTs including a one of one ...
Nasdaq futures tumble as treasury yields suddenly surge ahead of FOMC (SPY -0.3%). Stocks making the biggest moves in the premarket: Lands' End, CrowdStrike, Plug Power. Here is the current market situation from CNN Money European markets are mixed to lower. Shares in London are off as the FTSE 100 drops 0.54%. The CAC 40 is down 0.17% while the DAX in Germany is unchanged. What Is Moving the Markets Here are the headlines moving the markets. Bidens Energy Agenda To Reduce Oil Production And Boost Prices Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He ...
U.S import prices jump as oil and other commodities rally (SPY -0.1%). Lithium prices have soared 88% this year. The Market in Perspective Here are the headlines moving the markets. Are Analysts Underestimating Chinese Oil Demand? Chinas annual session of the National Peoples Congress (NPC) last week set an annual economic growth target that at above 6 per cent - looks conservative to many and, as such, it is likely that the countrys demand for oil will be significantly higher than is implied in the growth figure. The soft economic growth target is a really low bar considering that annual ...