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Nora Abrams and Amy Whitaker Talk NFTs at the MCA Denver

When a JPG file sold for $69 million in March this year, people responded with a mixture of amusement, outrage and utter confusion. Who was Beeple? What made his constellation of mostly undecipherable pixels valuable? And what in the world was this new technology called an NFT?
Non-fungible tokens (NFTs) have enjoyed extensive media coverage since Beeple sold his digital collage, “Everydays The First Five Thousand Days,” through the esteemed auction house Christie’s. While the technology behind NFTs has existed since the mid-2010s, Beeple’s high-profile sale facilitated by the same auction house that has sold famous and pricey works by Francis Bacon, Pablo Picasso and Leonardo da Vinci pushed conversations about NFTs into the mainstream. Since then, music albums, tweets and opinion columns have all been sold as NFTs often with exorbitant price tags attached. ....

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Circle Rolls Out Credit Card Payment Solution for NFT Marketplaces

Circle Rolls Out Credit Card Payment Solution for NFT Marketplaces
insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.

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We're In A Bubble That's Too Big To Fail

“Everything Bubble” come up more often lately.
This isn’t a new phrase, Graham Summers was among the first to coin it in his 2017 book
“The Everything Bubble: The Endgame for Central Bank Policy”:
“The Everything Bubble chronicles the creation and evolution of the US financial system, starting with the founding of the US Federal Reserve in 1913 and leading up to the present era of serial bubbles: the Tech Bubble of the ‘90s, the Housing Bubble of the early ‘00s and the current bubble in US sovereign bonds, which are also called Treasuries.
Because these bonds serve as the foundation of our current financial system, when they are in a bubble, it means that all risk assets (truly EVERYTHING), are in a bubble, hence our title, The Everything Bubble. In this sense, the Everything Bubble represents the proverbial end game for central bank policy: the final speculative frenzy induced by Federal Reserve overreach.” ....

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Beeple JPG File Sells For $69 Million, Setting Crypto Art Record

A JPG file made by a digital artist known as Beeple sold Thursday for almost $70 million by Christie's auction house. That price set a new record for ....

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