Intercontinental Exchange Launches Exchange-Rate Quotes

New service is called the Cryptocurrency Data Feed and will collect information from more than 15 crypto exchanges
19 January 2018   695

One of the largest financial companies of the world Intercontinental Exchange (ICE) announced a partnership with bitcoin startup Blockstream, which will result in the launch of quotations of leading cryptocurrency for professional traders. The Wall Street Journal reported it.

The new service is called the Cryptocurrency Data Feed and will collect information from more than 15 crypto exchanges, transferring it through a high-speed ICE data network in the same digital format used for electronic exchange trading. The information on the quotations of the cryptocurrency will then be integrated into the systems used by large banks, traders and asset managers.

The launch of the Cryptocurrency Data Feed is scheduled for March 2018, and according to the publication, the new tool will help attract the financial "heavyweights" to the risky but rapidly developing world of cryptocurrency.

In particular, it will include information about orders on the stock exchanges showing the level of interest in purchases and sales of cryptocurrency at a certain point in time. These data, respectively, can signal possible market movements. Quotations will be broadcast in real time, which will also create additional opportunities for arbitrage strategies.

As noted on the Blockstream website, at the moment, the following exchanges agreed to provide data:

  • Bitbank,
  • Bitfinex,
  • Bitmex,
  • Bitso,
  • Bitstamp,
  • BtcBox,
  • CEX,
  • Coinfloor,
  • Coincheck,
  • ItBit,
  • Gopax,
  • OKEx,
  • SurBTC (Buda),
  • The Rock Trading ,
  • Unocoin,
  • Vaultoro,
  • Zaif.

In the meantime, ICE Data Services president Lynn Martin said that crypto-currency quotes are launched in response to high demand from clients who are striving to better understand crypto-currencies and lack data. At the same time, she refused to name the companies that will become the most active users of the new service.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   114

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.