Cryptocurrencies

    Sotheby's auction sells Genesis Cat ordinals for $254 thousand

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    The digital artwork "Genesis Cat," part of the Quantum Cats collection on the Bitcoin blockchain, recently sold for an impressive $254,000 at a Sotheby’s auction.

    This marks a significant achievement in the recognition and valuation of crypto-related art.

    Genesis Cat, a unique 1-of-1 piece, was just one of several noteworthy sales in the auction.

    This sale further emphasises the rising prominence and value of digital assets in contemporary art markets.

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