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Wall Street Shows $60 Million Interest In Bitcoin

CryptoCoins News, 1/1/0001 12:00 AM PST

As previously reported, the Bitcoin Investment Trust recently became the first publicly invested hedge fund which is specifically and exclusively working with Bitcoin, tying its own value to the market price of Bitcoin. Having initially begun publicly trading last week, the Trust which services individuals making over $200,000 per year or having assets greater than […]

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Asset Forfeiture is the Next Attack Against Bitcoin

CryptoCoins News, 1/1/0001 12:00 AM PST

Government will never have to mine on hardware it buys. At least, they’ll leave the buying up to you. This week a court in Virginia indicted Kim Dotcom and six of his alleged coworkers. The event is part of an ongoing attempt to prosecute Kim Dotcom. Since 2012, Virginia attorneys have accused Dotcom of Copyright […]

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US Marshals Auction Participant: Price Not Significantly Below Market

Bitcoin Magazine, 1/1/0001 12:00 AM PST

The U.S. Marshals held their third auction for the bitcoin seized from Ross Ulbricht during the Silk Road investigation, auctioning off 50,000 bitcoin on March 5. Demand in this auction was higher than in the second auction held last December, but not as high as the original auction in June 2014. All told, there were 14 registered bidders who participated in the auction. Participants in this auction included Barry Silbert and SecondMarket Inc., Pantera Capital led by Dan Morehead, and Kardashev Capital. There were 10 blocks of 3,000 bitcoin and 10 blocks of 2,000 bitcoin available for bid.¬†According to Kardashev Capital, whose bid of $221.51 per bitcoin was approximately 17 percent under the market value of the coins as of […]

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