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Ethereum $5,000? Arthur Hayes Bets on Robinhood Effect

Ethereum to $5,000: Why Arthur Hayes Says Robinhood Just Changed the Game Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've seen my share of bold crypto predictions. Most of them fade by the next news cycle. But every once in a while, a call lands with enough weight behind it that you have to stop and pay attention. That's exactly what happened this weekend in Seoul. Arthur Hayes — the BitMEX co-founder and one of crypto's most closely watched macro minds — just put a number on Ethereum's future: $5,000 within roughly a year . And his reasoning has nothing to do with charts, memecoins, or hype cycles. It has everything to do with Robinhood. What's the big deal? Let me break it down, because this one actually matters. The Prediction Shaking Up Crypto Today Speaking on September 28 at EastPoint: Seoul 2026, Hayes — now chief investment officer at Maelstrom — argued that Ethereum could nearly double from its current price of ar...
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Produced by Daniel Aharonoff & Mogul Media AI

Exploring the Artistic Brilliance: Bitcoin Ordinals Inscription Sale at Sotheby's

The recent sale of a Bitcoin Ordinals inscription from the Quantum Cat project at Sotheby's has garnered significant attention, with the winning bid reaching over $250,000. This particular piece, known as the "Genesis Cat" Ordinals inscription, created by digital artist FAR, received an impressive 50 bids, ultimately selling for 6.31 BTC, equivalent to approximately $254,000.

Key Points:

  • The Quantum Cats collection of Bitcoin Ordinals inscriptions was announced earlier this month by Taproot Wizards.
  • The collection, consisting of 3,333 images, cost over $66,000 to create on the Bitcoin blockchain.
  • The wider sale of the Quantum Cats collection is scheduled for January 29.
  • Udi Wertheimer, co-founder of Taproot Wizards, highlighted that the collection pays homage to an early code in the Bitcoin network called concatenate or OP CAT.
  • Sotheby's head of digital and contemporary art, Michael Bouhanna, congratulated the artists and collectors involved in the sale, giving a special mention to FAR for their assistance in curating and organizing the event.
  • The Natively Digital curated Ordinals sale generated over 26 BTC, valued at around $1,097,000, with 641 bids and all auction lots being sold.
  • Bouhanna noted that half of the sale exceeded their high estimates, indicating strong interest and demand in Bitcoin Ordinals.
  • While this marks the first Bitcoin Ordinals-centric sale at Sotheby's, the auction house has previously conducted numerous NFT sales on Ethereum, including notable auctions like the sale of an Art Blocks NFT named "The Goose" for $6.2 million last June.

This successful sale not only underlines the growing significance of digital art and NFTs in the art world but also showcases the increasing interest in blockchain-based artworks and collectibles among both artists and collectors.

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