Today, everyone wants to try the NFT experience. Like any revolution, this one is jerky with a lot of volatility that will attenuate over time, says Artmarket. Artmarket.com urges for a classification of NFTs on marketplaces and in Artprice databases. An urgent need for greater clarity is emerging in the world of NFT platforms, … Read more
A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon
Top 10 Artists: Zhang Daqian, Qi Baishi, Andy Warhol, Pablo Picasso, Xu Beihong, Wu Guanzhong, Fu Baoshi, Gerhard Richter, Francis Bacon, Li Keran Having emerged as the world’s strongest art marketplace last year, it comes as no surprise to find China’s two leading artists now holding the top two places in Artprice’s global ranking of artists by auction revenue. … Read more
This year, Artprice’s annual art market report – based on 6.3 million auction results from 4,500 auction houses around the world focused particularly on China’s successful conquest of the global art market. In spite of the sword of Damocles hanging over the West, art in fact sold better in 2011 than at any other time … Read more