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Banksy’s “Love Is In The Air” Is Available To Buy With Bitcoin Or ETH

Banksy’s “Love Is In The Air” physical artwork is now available to buy with BTC or ETH via an auction house Sotheby’s as we can see more in our latest cryptocurrency news today. Sotheby’s will accept BTC and ETH payments starting with next week’s auction of Banksy’s “Love Is In The Air.” Crypto exchange Coinbase […]

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Banksy’s “Love Is In The Air” physical artwork is now available to buy with BTC or ETH via an auction house Sotheby’s as we can see more in our latest cryptocurrency news today.

Sotheby’s will accept BTC and ETH payments starting with next week’s auction of Banksy’s “Love Is In The Air.” Crypto exchange Coinbase enabled the arrangement with the painting estimated to sell for up to $5 million. The international auction house Sotheby’s announced they will start accepting BTC and ETH crypto payments for the physical art auction starting with the May 12 auction of Banksy’s art.

It is the first time that a major auction house accepts crypto payments for physical artwork via this platform. Bidding will still be handled in US dollars but the final price can be paid out in BTC or ETH. Coinbase will handle all crypto transactions via its Coinbase Commerce service but now it is unclear how widely Sotheby’s plans to expand the use of crypto for auction payments is although the Banksy Listing has crypto accepted. Sotheby’s Chief Technology Officer Stefan Pepe said:

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“With the growing adoption of digital art and NFTs, along with our increased focus on digital innovation, we’ve seen an increasing appetite among collectors for more seamless payment options when doing business with Sotheby’s. Leveraging the trusted exchange Coinbase is a natural progression and is in line with our dedication to enhancing our client buying experience, and developing new ways to expand our client base by meeting them where they are.”

This particular Banksy art first appeared in 2003 as street art in Bethlehem but the rendition was painted in 2005. It shows a protestor in a position to throw an item but the item is not what you would expect like a weapon or a rock, rather it is a bouquet of flowers. This piece is one of the best-known pieces done by Banksy.

sotheby's

Sotheby’s estimated a sale price of $3-$5 million for the painting but the Banksy work is at an all-time high according to the auction house listing. Sotheby’s sold Banksy’s Game Changer artwork for $23 million with all proceeds going to benefit the UK Healthcare workers. While this is the platform’s first time accepting crypto for physical artwork, is not its first entry into the crypto world. Sotheby’s held a three-day sale of NFTs art from Pak via Nifty Gateway that generated $16.8 million worth of sales.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.dcforecasts.com/bitcoin-news/banksys-love-is-in-the-air-is-available-to-buy-with-bitcoin-or-eth/

Blockchain

Chainlink, AAVE, Sushi: What’s the deciding factor for these alts?

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasio

The post Chainlink, AAVE, Sushi: What’s the deciding factor for these alts? appeared first on AMBCrypto.

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As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasions. On these occasions, there has been a bearish impact on the overall DeFi TVL and the TVL of several DeFi projects.

While DeFi has rallied two times since the beginning of 2021, the biggest DeFi rally has not started yet, and it depends largely on the participation of ETH and ETH traders.

There is one important statistic that supports this narrative. Over 1.75 percent of all unique ETH addresses have ever interacted with DeFi projects, any DeFi project. That’s 2.8 Million users out of a possible 159 Million addresses, on the ETH network. This builds a bullish case for DeFi, as this is a scalable possibility. Making note of this, DeFi’s TVL hasn’t hit its highest point in 2021 yet.

DeFi's biggest rally is not in yet

DeFi TVL | Source: DeFiPulse

Currently, DeFi TVL was at $53.2 Billion based on the above chart from DeFiPulse. Among others, AAVE is the most dominant DeFi token, currently. Among DeFi projects that have interacted with ETH, AAVE and SUSHI are the most notable. Though ETH has not directly interacted with these projects, ETH’s layer 2 MATIC has interacted with these projects since they have rallied against ETH on the chain.

The next wave of DeFi projects that rally in response to ETH may be led by LINK. At the $20 price level, 44% of LINK traders are profitable, out of 78% that hold LINK in their wallets. The number of large transactions on the LINK network has increased consistently, it is $2.23 Billion in the past week. The trade volume for LINK has increased consistently over the past week and less than 20% HODLers have held LINK for over a year. This number is less since the investment inflow increases every few months.

DeFi's biggest rally is not in yet

LINK Price Chart | Source: Coinmarketcap.com

In the past 3 months, the price has dropped closer to the $16 level, the current price level is higher than that. LINK is undervalued at the current level, following on-chain metrics and LINK’s correlation with ETH, it is likely that LINK will rally in response to ETH’s price rally. Additionally, several projects in DeFi are expected to rally further in 2021.


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/chainlink-aave-sushi-whats-the-deciding-factor-for-these-alts

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Blockchain

Chainlink, AAVE, Sushi: What’s the deciding factor for these alts?

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasio

The post Chainlink, AAVE, Sushi: What’s the deciding factor for these alts? appeared first on AMBCrypto.

Published

on

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasions. On these occasions, there has been a bearish impact on the overall DeFi TVL and the TVL of several DeFi projects.

While DeFi has rallied two times since the beginning of 2021, the biggest DeFi rally has not started yet, and it depends largely on the participation of ETH and ETH traders.

There is one important statistic that supports this narrative. Over 1.75 percent of all unique ETH addresses have ever interacted with DeFi projects, any DeFi project. That’s 2.8 Million users out of a possible 159 Million addresses, on the ETH network. This builds a bullish case for DeFi, as this is a scalable possibility. Making note of this, DeFi’s TVL hasn’t hit its highest point in 2021 yet.

DeFi's biggest rally is not in yet

DeFi TVL | Source: DeFiPulse

Currently, DeFi TVL was at $53.2 Billion based on the above chart from DeFiPulse. Among others, AAVE is the most dominant DeFi token, currently. Among DeFi projects that have interacted with ETH, AAVE and SUSHI are the most notable. Though ETH has not directly interacted with these projects, ETH’s layer 2 MATIC has interacted with these projects since they have rallied against ETH on the chain.

The next wave of DeFi projects that rally in response to ETH may be led by LINK. At the $20 price level, 44% of LINK traders are profitable, out of 78% that hold LINK in their wallets. The number of large transactions on the LINK network has increased consistently, it is $2.23 Billion in the past week. The trade volume for LINK has increased consistently over the past week and less than 20% HODLers have held LINK for over a year. This number is less since the investment inflow increases every few months.

DeFi's biggest rally is not in yet

LINK Price Chart | Source: Coinmarketcap.com

In the past 3 months, the price has dropped closer to the $16 level, the current price level is higher than that. LINK is undervalued at the current level, following on-chain metrics and LINK’s correlation with ETH, it is likely that LINK will rally in response to ETH’s price rally. Additionally, several projects in DeFi are expected to rally further in 2021.


Subscribe to our Newsletter


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/chainlink-aave-sushi-whats-the-deciding-factor-for-these-alts

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Blockchain

Chainlink, AAVE, Sushi: What’s the deciding factor for these alts?

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasio

The post Chainlink, AAVE, Sushi: What’s the deciding factor for these alts? appeared first on AMBCrypto.

Published

on

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasions. On these occasions, there has been a bearish impact on the overall DeFi TVL and the TVL of several DeFi projects.

While DeFi has rallied two times since the beginning of 2021, the biggest DeFi rally has not started yet, and it depends largely on the participation of ETH and ETH traders.

There is one important statistic that supports this narrative. Over 1.75 percent of all unique ETH addresses have ever interacted with DeFi projects, any DeFi project. That’s 2.8 Million users out of a possible 159 Million addresses, on the ETH network. This builds a bullish case for DeFi, as this is a scalable possibility. Making note of this, DeFi’s TVL hasn’t hit its highest point in 2021 yet.

DeFi's biggest rally is not in yet

DeFi TVL | Source: DeFiPulse

Currently, DeFi TVL was at $53.2 Billion based on the above chart from DeFiPulse. Among others, AAVE is the most dominant DeFi token, currently. Among DeFi projects that have interacted with ETH, AAVE and SUSHI are the most notable. Though ETH has not directly interacted with these projects, ETH’s layer 2 MATIC has interacted with these projects since they have rallied against ETH on the chain.

The next wave of DeFi projects that rally in response to ETH may be led by LINK. At the $20 price level, 44% of LINK traders are profitable, out of 78% that hold LINK in their wallets. The number of large transactions on the LINK network has increased consistently, it is $2.23 Billion in the past week. The trade volume for LINK has increased consistently over the past week and less than 20% HODLers have held LINK for over a year. This number is less since the investment inflow increases every few months.

DeFi's biggest rally is not in yet

LINK Price Chart | Source: Coinmarketcap.com

In the past 3 months, the price has dropped closer to the $16 level, the current price level is higher than that. LINK is undervalued at the current level, following on-chain metrics and LINK’s correlation with ETH, it is likely that LINK will rally in response to ETH’s price rally. Additionally, several projects in DeFi are expected to rally further in 2021.


Subscribe to our Newsletter


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/chainlink-aave-sushi-whats-the-deciding-factor-for-these-alts

Continue Reading

Blockchain

Chainlink, AAVE, Sushi: What’s the deciding factor for these alts?

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasio

The post Chainlink, AAVE, Sushi: What’s the deciding factor for these alts? appeared first on AMBCrypto.

Published

on

As ETH fell over this weekend crash, several DeFi projects follow suit. Ethereum’s price action is instrumental to DeFi’s rally. In the past month, ETH’s price has dropped below $2000 on a few occasions. On these occasions, there has been a bearish impact on the overall DeFi TVL and the TVL of several DeFi projects.

While DeFi has rallied two times since the beginning of 2021, the biggest DeFi rally has not started yet, and it depends largely on the participation of ETH and ETH traders.

There is one important statistic that supports this narrative. Over 1.75 percent of all unique ETH addresses have ever interacted with DeFi projects, any DeFi project. That’s 2.8 Million users out of a possible 159 Million addresses, on the ETH network. This builds a bullish case for DeFi, as this is a scalable possibility. Making note of this, DeFi’s TVL hasn’t hit its highest point in 2021 yet.

DeFi's biggest rally is not in yet

DeFi TVL | Source: DeFiPulse

Currently, DeFi TVL was at $53.2 Billion based on the above chart from DeFiPulse. Among others, AAVE is the most dominant DeFi token, currently. Among DeFi projects that have interacted with ETH, AAVE and SUSHI are the most notable. Though ETH has not directly interacted with these projects, ETH’s layer 2 MATIC has interacted with these projects since they have rallied against ETH on the chain.

The next wave of DeFi projects that rally in response to ETH may be led by LINK. At the $20 price level, 44% of LINK traders are profitable, out of 78% that hold LINK in their wallets. The number of large transactions on the LINK network has increased consistently, it is $2.23 Billion in the past week. The trade volume for LINK has increased consistently over the past week and less than 20% HODLers have held LINK for over a year. This number is less since the investment inflow increases every few months.

DeFi's biggest rally is not in yet

LINK Price Chart | Source: Coinmarketcap.com

In the past 3 months, the price has dropped closer to the $16 level, the current price level is higher than that. LINK is undervalued at the current level, following on-chain metrics and LINK’s correlation with ETH, it is likely that LINK will rally in response to ETH’s price rally. Additionally, several projects in DeFi are expected to rally further in 2021.


Subscribe to our Newsletter


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/chainlink-aave-sushi-whats-the-deciding-factor-for-these-alts

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