Cryptocurrency
Sotheby’s blockchain Gen Art program shows tech taking a back seat to art

Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen Art Program powered by generative art platform Art Blocks.
A sale of NFTs by early algorithmic artmaker Vera Molnár will christen the program. She worked with artist and coder Martin Grasser to produce Themes and Variations, the sale’s series of 500 unique generative artworks. Altogether, it “expresses the seamless integration of letters as pure abstract forms,” a release says, “as well as Molnár’s affinity for embracing disorder.”
“The Sotheby’s Gen Art Program is powered by Art Blocks Engine,” Art Blocks founder and CEO Erick Calderon told Cointelegraph, “which gives access to Art Blocks’ smart contracts and rendering infrastructure for partners to create their own generative projects.”

“All Gen Art Program sales will be fully on-chain and in ETH only,” Sotheby’s head of digital art and NFTs, Michael Bouhanna, told Cointelegraph. “With the integration of the Art Blocks Engine, the Gen Art Program will mark our first digital art auctions to be held exclusively in ETH. Since moving Sotheby’s metaverse to fully on-chain in May, when we announced our new secondary market, it felt like a natural progression to begin exploring more sale options that can be fully on-chain,” he added. Last week’s announcement also predated a Web3 summit at Christie’s by just days.
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Art Blocks has previously partnered with traditional art heavyweights like the New York gallery Pace. The platform connected with Sotheby’s last fall “but didn’t immediately have a project in mind,” Calderon said. “It came to light that [Art Blocks] Engine would be a perfect fit for building out their [Sotheby’s] generative art platform after they committed to working with Vera Molnár early this year.”
Sotheby’s will conduct this inaugural sale as a Dutch auction for the first time in the house’s 300-year history. Art Blocks has historically used that model across its platform. Unlike a more traditional auction, where prices start low and climb high, a Dutch auction’s prices start high and go low. The first offer wins the lot, so there’s no dramatic bidding wars here. Sotheby’s say the model introduces new psychologies. The ceiling price for works across this week’s Molnár sale is 20 Ether (ETH).

With high-profile strategic partnerships, Art Blocks has built a business strong enough to withstand NFTs’ noted volatility. Sotheby’s, meanwhile, has transformed the downfall of one of crypto’s largest institutions into huge profits. This spring, it hosted a series of sales auctioning off Three Arrows Capital’s fabled blue chip NFT collection, which smashed estimates.
Most notably, Ringers #879 “The Goose” by Dimitri Cherniak — who made his auction debut with Phillips last summer — sold for $6.2 million, despite its $3 million high estimate. Many take those estimates with justified skepticism, but Cherniak’s work proved to be the second-most expensive digital art ever sold. “Editions from the same series sold for less than $200,000 each only moments later,” Forbes pointed out.
This Spring’s financial successes showed that now’s the time to launch the Gen Art Program, Bouhanna said. “We held our first auction dedicated to generative art in April 2022, and given the strong results from that sale, it was clear that collectors could see the art historical lineage of generative art and why it is so important not only to digital art but to contemporary art.”
“The Gen Art Program will open up many new opportunities for us, namely the ability to now work directly with leading artists to present exclusive new sales,” he continued.
The initiative also expands the house’s growing Web3 presence. Specifically, this program will focus on elevating long-form generative art — large series of works from a central algorithm.
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Calderon believes respect for the medium is rapidly increasing across the art world: “Part of the reason for that is blockchain technology itself is taking a back seat to the content that’s being created […] We will see less and less talk about the technology behind generative art and more about the art itself.”
“After decades of exploring how systems and computers can generate artistic outputs, I see this collaboration with Sotheby’s and Art Blocks as a culmination of those efforts,” Molnár herself said, “providing a new way to generate never-before-seen, unique abstract forms that are defined by the controlled randomness of machine programming — the essence of the algorithm.”
Cryptocurrency
4 ‘Rich Dad Poor Dad’ Quotes for Bitcoin Investors in 2025

In an Apr. 20 post on X, Kiyosaki wrote, “BITCOIN is $84k today. Strongly believe Bitcoin will reach $180k to $200k in 2025.” Five days later, BTC was trading above $93,600.
BITCOIN is $84k today. Strongly believe Bitcoin will reach $180k to $200k in 2025.
What do you think?
— Robert Kiyosaki (@theRealKiyosaki) April 20, 2025
Earlier, on Apr. 18, the “Rich Dad, Poor Dad” author predicted that Bitcoin’s price will eventually skyrocket to $1 million. His related price predictions spelled doom for the dollar’s buying power:
“I strongly believe, by 2035, that one Bitcoin will be over $ 1 million dollars. Gold will be $30k and silver $3,000 a coin.”
“People who heeded my warnings are doing well today. I am concerned for those who did not,” wrote Kiyosaki in the long-form X update. He warned, “This coming Great Depression will cause millions to be poor… and a few who take action may enjoy great wealth and freedom.”
Dire Economic Straits and Enterprising Bitcoin Investors
Kiyosaki isn’t a contrarian voice to warn of a difficult economic downturn ahead. Federal Reserve Chair Jerome Powell warned in April that the US could soon be mired in a stagflationary period of low growth and rising prices.
Kiyosaki is also not the only financial expert who has predicted that Bitcoin’s price will reach $1 million.
In fact, his timeframe for it is conservative compared to Twitter founder Jack Dorsey’s, who predicted a $1 million BTC price by 2030 in May last year.
But, Kiyosaki is firmly in the high-conviction column for Bitcoin’s potential upside prices five and ten years from now. Here’s how some of his classic investment advice applies to BTC.
1. Kiyosaki on Income vs. Wealth
“The rich focus on their asset columns while everyone else focuses on their income statements.”
In his New York Times bestseller on personal finances and building wealth, Kiyosaki makes an important distinction between wealth and income. He points out that income takes most of your time and effort to sustain, but that wealth sustains your income automatically.
This means even high-income individuals can struggle under equally big spending routines and borrow money at substantial interest rates to maintain a certain way of living.
Thus, not long ago, PYMNTS and the Lending Club found in a survey that about 50% of Americans with six-figure incomes may be living paycheck to paycheck.
In April, the Philadelphia Federal Reserve said that late credit card payments and minimum payments are at the highest level since 2012.
Individuals and households with these spending routines are swimming in the opposite direction of the macro financial currents of the past ten years, as the voracious Bitcoin hoarders.
Managing finances this way is bargaining a harder tomorrow for an easier today. But the way frugal and thrifty saver/investors budget is bargaining a harder today for an easier tomorrow.
2. ‘Rich Dad, Poor Dad’ on Investing
“You must know the difference between an asset and a liability and buy assets. An asset puts money in your pocket. A liability takes money out of your pocket.”
Kiyosaki also discerns between assets and liabilities in an individual or household’s financial balance book. In his opinion, houses should not be considered assets because they cost money to maintain and finance.
During the US housing market boom that preceded the 2008 financial crisis and the great recession, conventional financial wisdom said to buy a house because its value would continue going up forever.
But starting in 2007, a mass wave of defaults and foreclosures crashed house prices. Bitcoin launched soon after that to create a space in the financial ecosystem based on settlement instead of lending.
Instead of paying future obligations to consume more today, as with housing loans, Bitcoin is like collecting future rewards by consuming more efficiently today and buying BTC with the savings.
If it continues to appreciate in value due to its scarcity and global popular demand, it will remain an asset rather than a liability like a mortgage, credit card balance, or college loan.
3. Bitcoin and Financial Literacy
“Illiteracy, both in words and numbers, is the foundation of financial struggle.”
Another key point of Kiyosaki’s message in “Rich Dad, Poor Dad” was that families, schools, and the government have mostly failed to educate Americans about the basics of finance and investing.
He says that many people don’t really understand the disadvantages of borrowing money and paying interest instead of saving money and collecting returns on investments.
That kind of bad financial math doesn’t just keep many Americans out of investing in Bitcoin and cryptocurrencies. It keeps them from saving any money using any method.
Last December, a Schroders US retirement survey found that half of Gen Xers, Americans aged 44 to 59, have not done any retirement planning at all.
In the cryptocurrency social media community, users like to post, “Do your own research.” Bitcoin aficionados especially like to post, “Do the math.”
One benefit of learning about investing and doing financial math is that it can help to counteract the often more convincing pull of immediate gratification and result in healthier financial behavior.
4. Household Finance, Consumer Debt, and Bitcoin
“A person can be highly educated, professionally successful, and financially illiterate. Many financial problems are caused by trying to keep up with the Joneses.”
In fact, the main thrust of Kiyosaki’s book is that he found it remarkable in the course of his life’s experiences, how blatantly neglected financial and investment thinking is among even people of high intelligence, career success, and social status.
The basics of accounting, budgeting, investing, and tax law are not learned or practiced by a shocking swath of the populace, he contends, despite the importance of these modalities to beneficial outcomes that people desire.
If most people cannot be bothered to devote two to three hours a week to learning and eventually mastering these reliably rewarding and basic areas of competency, then it’s no mystery why Bitcoin remains inaccessible to many because it sits well enough beyond their threshold for healthy curiosity.
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Cryptocurrency
Bitcoin Price Analysis: BTC Faces Major Resistance Ahead of ATH Challenge

Bitcoin has signaled notable bullish strength by breaking above both the 100 and 200-day moving averages at $90K. However, as the price approaches the critical $100K psychological threshold, a temporary consolidation phase is expected before any further breakout.
Technical Analysis
By Shayan
The Daily Chart
Bitcoin has recently notched a strong bullish signal, staging a major market shift driven by substantial buying pressure. This rally has propelled the price above a critical resistance zone, reclaiming both the 100 and 200-day moving averages at $90K — a key indication of buyers’ dominance.
Currently, BTC is approaching the psychological $100K threshold, a major resistance likely filled with significant supply. As a result, a temporary consolidation around this level is expected before any potential breakout occurs. A decisive move above $100K would likely pave the way toward retesting the all-time high (ATH).
The 4-Hour Chart
On the lower timeframe, Bitcoin confirmed its bullish momentum after breaking above the descending channel’s upper boundary at $84K. This breakout triggered an impulsive surge, pushing the price past the critical $90K resistance level, highlighting strong buyer commitment.
Now, the asset is nearing the crucial $100K psychological resistance, which also aligns with a major previous swing high. If buyers succeed in breaching this barrier, the road to Bitcoin’s ATH could reopen. Conversely, failure to break above may lead to a short-term consolidation below $100K before the next significant move.
On-chain Analysis
By Shayan
After Bitcoin completed its corrections and initiated recoveries in October 2023 and September 2024, Binance Futures funding rates notably turned deeply negative during the early stages of each rally. This recurring pattern highlights a persistent lack of investor confidence during sharp declines or prolonged consolidations.
In contrast, during strong Bitcoin rallies, FOMO-driven traders aggressively deployed leverage to open long positions, causing funding rates to spike sharply. This often signaled overheated conditions and triggered subsequent corrective pullbacks.
Currently, Bitcoin has surged more than 28% off its recent low. Following this rally, the funding rates have, with a delay, experienced a significant upward shift, signaling a renewed influx of leveraged long positioning.
Considering the historical behavior during the previous two major recoveries, current sentiment dynamics, and price structure strongly suggest that Bitcoin is well-positioned to break through its previous all-time highs in the near term.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
North American Corporations Are Wolfing Down Solana

Touted as a potential Ethereum killer on its way up in the 2020-24 market cycle, Solana would still have a way to go to flip Ether’s market cap. Regardless, it has gone a long way in that direction as SOL boosters promised.
Over the last year, Bitcoin has outpaced Solana gains as SOL is going through a consolidation period. But over the past five years, SOL delivered over 10,000% ROI to BTC’s 1,100% returns on investment, according to data compiled by TradingView.
In one very bullish sign for both the long term digital currency accumulator and the near term altcoin trader, a pack of corporations is hogging up Solana the way Saylor’s Strategy has been having at Bitcoin.
3 US-Canadian Companies Go Full Saylor on Solana
1. Janover’s Still At It With A Fresh $11.5M SOL Tranche
JANOVER EXPANDS CRYPTO TREASURY WITH MAJOR #SOLANA BUY
Janover (NASDAQ: JNVR) has added approximately 88,164 $SOL to its crypto reserves, investing $11.5 million as part of its ongoing treasury strategy.
This brings the company’s total holdings to over 251,842 $SOL—now worth… pic.twitter.com/nfv3drIvX9
— Giannis Andreou (@gandreou007) April 23, 2025
The Nasdaq-traded real estate finance platform has former Kraken execs at the helm now, hired on to make a big play in Solana. They added $11.5 million more SOL to their corporate treasury over the past week.
2. Canadian SOL Strategies $500M Bite of Solana
Meanwhile, another company in Canada just made a whopping half-billion-dollar play for Solana. Based on its name, the OTCMKTS-listed corporation seems purpose-built to pile up SOL tokens.
SOL Strategies, Inc. just issued $500 billion in stock-convertible bonds like Strategy does for Bitcoin, all sold to New York-based ATW Partners, in order to stake the tokens for reward-mining validator nodes.
BREAKING: SOL Strategies secures landmark USD $500M convertible note facility with ATW Partners to expand SOL holdings.
This first-of-its-kind structure is exclusively for SOL purchases and staking on our validators, with interest paid in SOL.
This represents the largest… pic.twitter.com/p9SB4dRm6o
— SOL Strategies (CSE: HODL | OTCQX: CYFRF) (@solstrategies_) April 23, 2025
3. NASDAQ Listed Upexi Raises $100M for SOL Spree
Upexi, a Nasdaq-listed company, has raised $100 million to launch a Solana (SOL) treasury strategy, allocating over 90% of the funds to SOL. Following the announcement, Upexi shares surged 630%, jumping from $2.30 to $16.79. Major backers include Arthur Hayes’ family office,… pic.twitter.com/vD3h8cq4OG
— CoinPhoton (@coinphoton) April 22, 2025
In addition to these two corporate blockchain adopters, the Nasdaq-traded consumer brand developer Upexi just raised an astounding $100 million, with plans to use 90% of it to buy SOL. Upexi stocks soared 630% lately. Arthur Hayes was a major backer of the contract.
Big Solana Network Roadmap Milestones in April
4. Solana IoT Network Helium Expanding Like a Balloon
Meanwhile, the Helium network is moving right along, developing its Solana-powered Internet of Things ecosystem.
According to a recent report, Helium hit new all-time highs in April for “DAO voting participation, $MOBILE validator onboarding and usage-based rewards.”
Its $20/month unlimited mobile plan is now available in 3,000 Walmart stores. That shows how developers are building marketable real-world businesses using Solana.
5. Solana Foundation Huge Tweak to Secure Network Distribution
Finally, it may seem like a small note, but the Web3 sector specializes in managing operational security and risk on open networks. The core groups that made Bitcoin, Ethereum, and Solana the successes they are today consider matters like this when trading.
Moving forward, Solana has adjusted its onboarding and off-boarding process to raise more external stake and further decentralize the network’s validator nodes.
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