Two auctions that ended today saw collectors shell out $3.2 million for Bitcoin memorabilia.<\/p>\n
The first was the famous \u2018Buy Bitcoin\u2019 sign that made headlines in 2017 when Christian Langalis, then an intern at the Cato Institute, scribbled those words on a yellow legal pad behind Fed chair Janet Yellen as she appeared before the House Financial Services Committee.<\/p>\n It went viral and has remained a revered symbol of the Bitcoin ecosystem ever since.<\/p>\n According to Scarce City<\/a>, the digital auction house that facilitated the trade, the pseudonymous Squirrekkywrath had the highest bid \u2013 a whopping 16 BTC, worth $1.03 million at current prices.<\/p>\n The auction ended at PubKey<\/a>, a bar dedicated to Bitcoin in New York City.<\/p>\n The second auction<\/a> that ended today involved the first Satoshi of the recent Bitcoin halving<\/a>, which took place on April 19.<\/p>\n One of only four in existence, theauction<\/a> of \u2018Epic Sat\u2019 1,968,750,000,000,000 ended Thursday with a winning bid of 33.3 BTC, worth $2.13 million. It began on April 19, the day after the halving, with a starting bid of 1 BTC, roughly $64,796 at the time.<\/p>\n The Epic Sat was put on sale by mining firm ViaBTC, and the buyer has chosen to remain anonymous as of writing.<\/p>\n According to Ordinals<\/a> theory, users attach special attributes to Satoshis, the smallest denomination of a Bitcoin. Epic Sats are tagged onto the first Satoshi mined in every Bitcoin halving.<\/p>\n \u201cThe auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC<\/a> (\u2248$2,134,000),\u201d wrote<\/a> Coinex, the platform that executed the auction. \u201cThis auction isn’t just a bidding event; it marked the community recognition, media attention, & widespread embrace of Bitcoin.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" The \u2018Buy Bitcoin\u2019 sign sold for $1 million, while the \u2018Epic Sat\u2019 was purchased for a whopping $2.1 million. Two auctions that ended today saw collectors shell out $3.2 million for Bitcoin memorabilia. The first was the famous \u2018Buy Bitcoin\u2019 sign that made headlines in 2017 when Christian Langalis, then an intern at the Cato […]<\/p>\n","protected":false},"author":2,"featured_media":289924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-289923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=289923"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289923\/revisions"}],"predecessor-version":[{"id":289930,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289923\/revisions\/289930"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/289924"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=289923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=289923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=289923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}An Epic Sat<\/h2>\n
![\"Epic](\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F640923ceb6908353b4374947d90ccf816aae9bd8-1047x329.jpg&w=828&q=100\")