NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

US Marshals Service Releases Preliminary Figures on Bitcoin

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

This past Friday’s bitcoin auction held by the United States Marshals Service has seemingly been talk of the town, and now, the service has released some information with regard to Friday’s happenings today in a chat with bitcoin news website CoinDesk.

A total of 45 bidders registered for the auction (with one of the requirements being the need to wire a $200,000 deposit from a US bank account), with 63 bids submitted during the twelve hours the auction ran, from 6 am to 6 pm East coast time.

Unfortunately, the juicy information such as who won and how much their bid was worth is still being withheld by the Marshals service. According to CoinDesk, a spokesperson said that “The award process is ongoing, so we do not have the final number of winning bidders yet.”

SecondMarket and Bitcoin Investment Trust CEO Barry Silbert announced this weekend the results of his bidding syndicate for the coins up for grabs during this auction. The syndicate was formed to allow smaller-scale investors to participate in the auction.

In that syndicate were 42 bidders, 186 bids, and a bitcoin bid quantity of 48,013.

Silbert’s Bitcoin Investment Trust wasn’t the old high-profile company to get involved with this auction. The Wall Street Journal reported this morning that Boston-based Circle Internet Financial also participated, as did Pantera Capital and The Bitcoin Shop.

This auction made available 29,656.51306529 bitcoins worth nearly $18.5 million at the time of this writing. The auction took place in two series.

The first series (dubbed Series A) had nine blocks of 3,000 bitcoins available. Series B has one block of 2,656.51306529 bitcoins available.

Certainly, it will be interesting to see how the auction results panned out, but it may be another day or so until we find out more. Stay tuned for the latest.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 2

  1. gjgjg says:
    11 years ago

    wait wait wait, ~30k bitcoins for sale and there was ~48k btc worth of bids… maybe im stoopid but doesnt that inevitably mean they sure sold at higher than market value…? ie the info were all waiting to find out? (or maybe that includes total for all bids incl losing ones?)

    Reply
  2. gimmie says:
    11 years ago

    63 bids apparently…
    http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. gjgjg says:
    11 years ago

    wait wait wait, ~30k bitcoins for sale and there was ~48k btc worth of bids… maybe im stoopid but doesnt that inevitably mean they sure sold at higher than market value…? ie the info were all waiting to find out? (or maybe that includes total for all bids incl losing ones?)

    Reply
  2. gimmie says:
    11 years ago

    63 bids apparently…
    http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price

Bitcoin Price Could Still Tumble Down To $109,000 — This Chart Pattern Suggests So

The Bitcoin price has been quite indecisive in its action over the past week, jumping between the $117,000 and $120,000...

Opeyemi Sule 4 days ago
AVAX

AVAX Ready For Range Breakout – Bulls Eye $36 Price Target

Avalanche (AVAX) prices are up 6.59% in the past 24 hours amidst a general crypto price rebound. The prominent altcoin...

Semilore Faleti 4 days ago
Bitcoin price

Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

After surging to a record high around $123,000 in the second week of July, the Bitcoin price action for the...

Opeyemi Sule 4 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Avalanche

Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade

Ronaldo Marquez 3 days ago
Beste altcoins met 1000x potentie – deze 3 crypto's kunnen exploderen

Beste altcoins met 1000x potentie – deze 3 crypto’s kunnen exploderen

Lars Diederiksen 3 days ago
AI crypto coins, artificial intelligence, beste crypto om nu te kopen

Beste AI coins om nu te kopen – top 3 artificial intelligence crypto’s

Lars Diederiksen 3 days ago

Premium Sponsors

Press Releases

  • Earn $9,141 a day with mobile mining! ETHRANSACTION Smart...

    4 days ago
  • イーサリアムの価格が3,700ドル付近で横ばい、次の注目銘柄はこのico 仮想通貨プロジェクトか?大型チャンスの予感

    ...

    4 days ago
  • 次の100倍を狙えるミームコインを見逃すな?話題の取引ボット連動型トークンがそのチャンスかも

    ...

    5 days ago
  • FTXが9月も返金を継続:弱気相場に備える仮想通貨プレセール3選

    ...

    5 days ago
  • 暗号資産価格暴落によるパニック売りの中で注目される新しい仮想通貨の買い時とは

    ...

    5 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.