Auction News

An auction is public trade of different kinds of goods and assets. An auction is organized with rules set in advanced that can differ from auction to auction. Nevertheless, one common thing for every event like this is competition between potential buyers in order to find the winner of the auction. Competition is necessary, as initially the price for the displayed product is lower than its market price. As well as other things, cryptocurrency can be sold in an auction and BTC auctions are popular, as almost everybody can afford to buy them there. Usually, it is Bitcoin that had been confiscated from criminals and sold in a police or FBI Bitcoin auction. In 2016, there began a daily Gemini auction of Bitcoin for dollars, which the exchange platform launched.

News

Auction House Christie’s Trials Blockchain Data Recording in New Partnership

OCT 12, 2018
by William Suberg

Blockchain is coming to one of the world’s best-known auction houses this month in a trial by Christie’s.

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Analysis

Crypto Auctions: Where Do Arrested Bitcoins End Up?

APR 29, 2018
by Robin La Quercia

Seizure of Crypto, what governments and police do with arrested Bitcoins.

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Sponsored

DomRaider Looking to Revolutionize Auctions Through Blockchain

SEP 12, 2017
by Jon Buck

DomRaider is a successful business seeking to create new and innovative Blockchain solutions for auction management.

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Altcoin watch

Gemini Exchange All Set to Host Daily Ether Auctions Starting Friday

JUL 28, 2017
by Joshua Althauser

Gemini, digital currency exchange based in New York, announced the launching of their daily ...

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South Korean Government to Auction 216 Bitcoins Later This Year

JUN 21, 2017
by Anthony Coggine

South Korean government is set to auction off 216 Bitcoins at lower market rate later this year after seizing it from suspects of illegal activities.

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Gemini Brings Regulated Bitcoin Exchanges to HK and Singapore

OCT 03, 2016
by Joseph Young

Gemini, a regulated Bitcoin exchange founded by the Winklevoss Twins, is officially expanding its services to Hong Kong and Singapore.

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Winklevoss’s Gemini Launches First-Ever Daily Bitcoin Auctions

SEP 21, 2016
by Evander Smart

Gemini exchange, based out of New York’s Flatiron District, is launching what may be a first within the Bitcoin ecosystem - daily Bitcoin auctions.

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$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?

AUG 11, 2016
by Angus Leung

The US Marshals service will be auctioning $1.6 million worth of Bitcoin from various cases on August 22. Will Bitcoin price increase?

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$16 Million Worth of Bitcoin Auctioned in Australia

JUN 29, 2016
by Olusegun Ogundeji

Financial services firm Ernst and Young has announced it has successfully auctioned off 24,518 Bitcoins at a closed international auction which ended on June 21...

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Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road

MAY 31, 2016
by Olusegun Ogundeji

Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.

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The First and Most Reputable BTC Escrow Is For Sale

DEC 25, 2015
by Martin Rojko

BTCrow.com, the oldest and most reputable bitcoin escrow service in the market, is for sale.

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U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

OCT 06, 2015
by Joseph Young

The U.S. Marshals Service has announced the final auction of 44,341 BTC seized from Ross Ulbricht during the Silk Road investigation, which will take place duri...

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50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim

FEB 19, 2015
by William Suberg

The US is set to sell off 50,000 bitcoins previously owned by jailed Silk Road founder Ross Ulbricht in a sealed auction, it has been announced.

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The first Anniversary Auction

FEB 11, 2015
by Cointelegraph

We are delighted announce what is a rather significant event for us. Today, February 11, CT is celebrating one year since it was founded.

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Bitcoin Trust Wins Majority of US Marshal Auction, Tim Draper Gets the Rest

DEC 09, 2014
by Ian DeMartino

The Bitcoin Investment Trust announced that it has won the majority of the auction, 19 of the total 20 “blocks” were picked up by the trust, totaling 48,000 bit...

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