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    Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

    Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

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    Federal Reserve officials took steps to accelerate the withdrawal of the unprecedented monetary stimulus used to prop up markets in the wake of the coronavirus, acknowledging the growing threat of inflation now at a 39-year high.The U.S. central bank meeting was being...
    Sotheby’s NFT Sales Reach $100M in 2021

    Sotheby’s NFT Sales Reach $100M in 2021

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    Sotheby’s, the 277-year-old British auction house, said sales of its non-fungible token (NFT) works reached $100 million in 2021.Sotheby’s said NFTs have further expanded its audience attracting a new demographic of collectors.In April, Sotheby’s held its first sale...
    Bitcoin Rises Toward $50K; Resistance Seen Around $52K

    Bitcoin Rises Toward $50K; Resistance Seen Around $52K

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    Bitcoin (BTC) held support around $46,000 and is attempting to reverse a short-term downtrend. Still, upside appears to be limited toward the $52,000 resistance level, which is roughly midway through the 20% sell-off that occurred earlier this month.BTC is up about 4%...
    Katie Haun Leaving A16z to Start Own Crypto VC Firm

    Katie Haun Leaving A16z to Start Own Crypto VC Firm

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    Andreessen Horowitz (a16z) partner Katie Haun, a prominent name in crypto investing, is leaving after four years to start her own firm.Axios broke the news, and the fact that she will be joined by a small number of a16z staffers, including crypto marketing head and...
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