{"id":41884,"date":"2021-05-04T18:01:04","date_gmt":"2021-05-04T15:01:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41884"},"modified":"2025-08-30T20:47:03","modified_gmt":"2025-08-30T17:47:03","slug":"sothebys-to-auction-banksy-painting-love-is-in-the-air-for-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sothebys-to-auction-banksy-painting-love-is-in-the-air-for-bitcoin\/","title":{"rendered":"Sotheby\u2019s to Auction Banksy Painting &#8216;Love Is in the Air&#8217; for Bitcoin"},"content":{"rendered":"<p>Founded in 1744, the auction house Sotheby\u2019s will put Banksy\u2019s work, titled \u201cLove Is in the Air\u201d [Love Is in the Air], up for auction. Bids will be accepted in United States dollars, Bitcoin and Ethereum.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">News! Banksy&#8217;s iconic protest painting &#8216;Love Is In The Air&#8217; will be available for purchase with cryptocurrency via <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a> in our Contemporary Art Evening Sale on 12 May in New York \u2014 an auction first. Learn more about the painting: <a href=\"https:\/\/t.co\/20TTRSJsIa\">https:\/\/t.co\/20TTRSJsIa<\/a> <a href=\"https:\/\/t.co\/T6Z0ry1zWW\">https:\/\/t.co\/T6Z0ry1zWW<\/a><\/p>\n<p>\u2014 Sotheby&#8217;s (@Sothebys) <a href=\"https:\/\/twitter.com\/Sothebys\/status\/1389555966580908040?ref_src=twsrc%5Etfw\">May 4, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Founded in 1744, the auction house Sotheby\u2019s will put Banksy\u2019s work, titled \u201cLove Is in the Air\u201d [Love Is in the Air], up for auction. Bids will be accepted in United States dollars, Bitcoin and Ethereum.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/aXpi0hFTEKIeygbMVffS5StcT99XduBxsjpFzlfsY0sviVZLsHvjqZlhMogkVl-0pfXHJ0gLHXzaqmoBqHLsKxEu4-HmsTJJedi8L6T77LYXJf9uDdILG-h-9_uJHzf6kMahGxft\" alt=\"Sotheby\u2019s to auction Banksy painting for Bitcoin\"\/><figcaption>Data: auction house<a href=\"https:\/\/www.sothebys.com\/en\/buy\/auction\/2021\/contemporary-art-evening-auction\/love-is-in-the-air-2\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Sotheby\u2019s<\/a>.<\/figcaption><\/figure>\n<p>Coinbase is the partner of the house.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In another step bringing the utility of cryptocurrency mainstream, <a href=\"https:\/\/twitter.com\/Sothebys?ref_src=twsrc%5Etfw\">@Sothebys<\/a> announced their collaboration with Coinbase Commerce to allow bitcoin and ethereum as payment for the purchase of a Banksy image at their May 12th evening auction. <a href=\"https:\/\/t.co\/qpUMybBa6L\">https:\/\/t.co\/qpUMybBa6L<\/a><\/p>\n<p>\u2014 Coinbase News (@CoinbaseNews) <a href=\"https:\/\/twitter.com\/CoinbaseNews\/status\/1389556297629057024?ref_src=twsrc%5Etfw\">May 4, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>We are seeing growing appetite among collectors for more flexible payment options in collaboration with Sotheby\u2019s, says CoinDesk, citing the company&#8217;s chief technology officer Stefan Pepe.<\/p>\n<\/blockquote>\n<p>Earlier, a copy of the Banksy painting titled &#8216;Morons&#8217; as an NFT sold<a href=\"https:\/\/u1f987.com\/en\/news\/nft-copy-of-burned-banksy-painting-sells-for-228-eth\"> for 228.69 ETH<\/a>. Before the auction, unknown individuals burned the original live on air.<\/p>\n<p>In April 2021, the work &#8216;The Pixel&#8217; by Murat Pak, part of Sotheby\u2019s joint collection &#8216;The Fungible&#8217;, went under the hammer for $1.36 million<a href=\"https:\/\/u1f987.com\/en\/news\/gray-pixel-nft-sells-for-1-36-million\">.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 1744, the auction house Sotheby\u2019s will put Banksy\u2019s work, titled &#8216;Love Is in the Air&#8217; [Love Is in the Air]. Bids will be accepted in US dollars, Bitcoin and Ethereum.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[526,18,1331],"class_list":["post-41884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-bitcoin","tag-culture-and-art"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=41884"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41884\/revisions"}],"predecessor-version":[{"id":41885,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41884\/revisions\/41885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=41884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=41884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=41884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}