Interesting news came from the US this time after Bitcoin prices declined with last minute news from state regulations. 3813 Bitcoin seized from US police criminal networks will hold an auction.
The US Law Enforcement Service will try to earn revenue by issuing an auction next month for 3813 Bitcoins seized under various criminal investigations.
Bitcoin prices have recorded a record increase of 19 thousand dollars in the past year and in the new year they will be offered in an open auction on 13 January 894 at 10 o'clock in the morning of January 12 with a price adjustment of 3813 Bitcoin's financial provision is around 53 million dollars.
Bitcoin sales for the US police are routine, but for the first time, it's likely to be at this size in a museum and affect the recent mobility in the cryptoparas market.
The fact that the Bitcoins will be sold with an auction also gives an incredible profit opportunity for the investors to participate in the auction.
The deadline for the registration, which requires registration with $ 200,000 pre-payment, is January 19th. The Bitcoins to be launched will be removed from the market as a block from the personal sale, which makes the auction even more interesting. The lowest block is 500 Bitcoins, or about 1.5 million dollars.
Markets can also be affected by sales in an environment where the average investor is thought to be less than 1 Bitcoin in the cryptoprose stock exchange and where trading on this scale is not common even from renowned investors. There is also a possibility that the bids will not be disclosed and the Bitcoins will be sold below the market price on the sale where the auction is not preferred. In this case, there is also the possibility that the winning investors can make huge profits by the arbitrage logic.
US Law Enforcement Service announced that successful proposals will be announced on 22 January.