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$3M NFT purchase becomes largest digital art sale in three years
$3M NFT purchase becomes largest digital art sale in three years

Share link:In this post: Kanbas bought Sam Spratt’s X.Masquerade for $3 million, making it the largest digital art sale in 3 years. The purchase follows a temporary surge in the NFT market. The NFT market seems to have shifted its focus to artist-focused meaningful artwork.

Cryptopolitan·2025/02/18 17:22
Understanding Ethereum’s 8-Year Low Exchange Supply: An Investor’s Guide
Understanding Ethereum’s 8-Year Low Exchange Supply: An Investor’s Guide

Understanding the Implications of Decreasing Exchange Supply and Increased Accumulation for the Future of Ethereum

Coineagle·2025/02/18 15:33
Flash
  • 22:47
    97.5 per cent probability that the Federal Reserve will leave interest rates unchanged in March
    According to the CME ‘Fed Watch’: the probability that the Fed will keep interest rates unchanged in March is 97.5%, and the probability of cutting rates by 25 basis points is 2.5%. The probability of keeping the current interest rate unchanged in May is 86.1%, the probability of a cumulative 25 basis point cut is 13.6%, and the probability of a cumulative 50 basis point cut is 0.3%.
  • 22:36
    US SEC Seeks Public Feedback on Approval of Grayscale and Bitwise Ether ETF Options Trading
    Golden Finance reports that the U.S. Securities and Exchange Commission is seeking public input on whether the agency should approve options trading in three spot ethereum ETFs. According to a regulatory filing released Tuesday, the SEC seeks comments on whether to allow the Chicago Board Options Exchange, Inc. to list and trade options on the Gray Scale Ether Trust ETF, Gray Scale Ether Mini-Trust ETF, and the Bitwise Ether ETF, with comments due 21 days of publication in the Federal Register. The agency has not yet approved options trading on spot Ether ETFs.The SEC approved several spot Ether ETFs in May 2024, and firms have been vying for options trading permits ever since.
  • 22:30
    Strategy Announces Proposed $2 Billion Convertible Senior Notes to Support the Purchase of More Bitcoin
    Strategy (MSTR.O) announced that it intends to issue its 0% Convertible Senior Notes due 2030 in an aggregate principal amount of $2.0 billion in a private placement to qualified institutional buyers Strategy also expects to grant purchasing rights to the initial purchasers of the notes to purchase up to an aggregate principal amount of up to $300 million of the notes, to be settled within five business days of the date of the initial issuance of the notes (both dates inclusive). Strategy intends to use the net proceeds of the offering for general corporate purposes, including the acquisition of Bitcoin and as working capital.
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