ZB Academy: Sotheby’s considers accepting cryptocurrency payments

After Christie was able to auction encrypted NFT works by artist Beeple for $69.34 million, Sotheby’s, the world’s oldest auction house, stated that it is considering allowing buyers to use cryptocurrency to pay. Sotheby’s CEO Charles Stewart said that Sotheby’s is studying how to allow collectors to pay for digital and physical artworks with cryptocurrency.

Although Sotheby’s has not announced a specific implementation timetable for the plan, according to people familiar with the matter, Sotheby’s has determined to pave the way for cryptocurrency investors, and buying art with new payment methods may become mainstream. According to other news, Sotheby’s auction house will auction another encrypted artist PAK’s NFT works in April.

According to zb official market data: As of the evening of the 17th, the total global market value of cryptocurrencies was US$1.57 trillion, of which the market value of BTC was US$1.02 trillion, and BTC accounted for 68% of the total global market value of cryptocurrencies. Compared with this Monday and Tuesday, the lowest price of BTC in the last 24 hours is 53915 dollars and the highest price is 56851.6 dollars. In the last 24 hours, it has fallen by 0.21%.

According to Cointelegraph, the Belarusian government has proposed the Hi-Tech Park Administration (HTP) as the local cryptocurrency exchange and digital token regulator. The Belarusian government Nikolai Snopkov stated that the government is currently trying to select appropriate institutions to supervise local encryption platforms in accordance with pan-European regulations, and the HTP management department is the most proficient and has the best expertise in this field.

According to news on March 17, Robert Gutmann, CEO of NYDIG, stated that “we are on the verge of massive Bitcoin popularization.” It is reported that starting next week, NYDIG will implement “milestone” measures to make fundamental changes to the existing cryptocurrency market. At present, the company has not disclosed the specific details of the measures, however, Robert Gutmann said that NYDIG’s upcoming measures will gradually promote the application, products, and services of Bitcoin in the traditional financial field, and said that this series of measures will become a new starting point for Bitcoin circulation. According to previous news, NYDIG submitted a Bitcoin ETF application to the US SEC in mid-February, and completed a $200 million financing on March 8 for the development of Bitcoin related plans.

About ZB Group

ZB Group was founded in 2012 with the goal of providing leadership to the blockchain development space and today manages a network that includes digital assets exchanges, wallets, capital ventures, research institutes, and media. The Group’s flagship platform is ZB.com, the industry leading digital asset exchange. The platform launched in early 2013 and boasts one of the world’s largest trading communities.

ZB Group also includes ZBG the innovative crypto trading platform, and BW.com, the world’s first mining-pool based exchange. Other holdings include wallet leader BitBank.

Industry intelligence and standards are headed by the recently launched ZB Nexus who embody the core values of ZB Group and open-source their reports and analysis for the public.

Learn more about ZB Group by visiting www.zb.com

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The world’s leading cryptocurrency exchange: www.zb.com. ZB Academy is to provide prefessional blockchain insights.

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ZB Academy

ZB Academy

The world’s leading cryptocurrency exchange: www.zb.com. ZB Academy is to provide prefessional blockchain insights.

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