US Government To Auction 4.94 Bitcoin Worth Over $300,000
GSA Auctions will auction 4.94 BTC in five different lots between October 26 and 28, its website shows.The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days.The auction will be held by GSA Auctions, the federal government’s online clearinghouse for surplus, U.S.-owned assets and equipment it wishes to sell.The 4.94 BTC will be auctioned in five different lots of 1.5, 1.25, 1, 0.75, and 0.44 BTC.The U.S. government is hosting Fall for Cryptocurrency, an online bitcoin auction event, between October 26 and 28, 2021. Nearly 5 BTC will be auctioned in five....
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The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have seen active bidding. The GSA Auction House Has Close to Ten Bitcoin and 150 Litecoin for Sale, Auction Ends Today From June 18 to Monday, June 21, the General Services Administration, otherwise known as the GSA, is auctioning two types of crypto assets. GSA auction bidders can try to buy 11 lots of....
This article has been updated with new details on how interested bidders can register for the auction. The US government is preparing to auction off roughly 30,000 bitcoins appropriated from the Silk Road online black market. The bitcoins, worth approximately $17,898,600 at current market prices, are currently being held in two wallets owned by the US Marshals Service. The auction will be held on 27th June from 06:00 to 18:00 (EDT), according to a press release published by federal government. In a statement, the US Marshals Service said: "The bitcoins offered in this auction have been....
The U.S. government has announced that it will be auctioning off bitcoins in a three-day auction starting Tuesday, October 26th. The auction will be carried out online and will see the bitcoins auctioned off in batches by the U.S. government. GSA Auctions carry out auctions on behalf of the U.S. government to clear surplus assets […]
More than 40 hours after the close of the US Marshals Bitcoin auction, the value of 1 BTC against the US dollar has held almost perfectly stable. At the start of Friday’s auction at 6:00 AM EDT, 1 BTC was worth US$590 according to our price tracker. As of 2:00 PM EDT, 1 BTC was worth US$596. Some feared that the auction of more than US$17 million worth of bitcoins would cause a panic sell and possibly send the value of the cryptocurrency tumbling. Instead, a slight uptick was the result. The auction Friday was held by the US Marshals Service, which held about 30,000 bitcoins as a result of....
It remains unknown as to how these bidders will value the price per Bitcoin, as it does not have to be the same as the current market price. Another Bitcoin auction will be held by the US government on August 22, 2016. This auction is a lot smaller compared to previous ones, as “only” 2,700 bitcoins will be up for grabs. All of these coins were seized during investigations of Silk Road. Interested bidders must register by August 18 if they want to get their hands on US$1.6m worth of Bitcoin. When the Silk Road platform was shut down by government officials a few years ago, significant....