Nasdaq Considering New Bitcoin Futures Proposal

CEO of Nasdaq confirmed confirmed earlier reports that the Nasdaq is looking into bitcoin futures
24 January 2018   768

The Nasdaq Exchange is considering opportunities to make investors a unique offer in the bitcoin futures market, which will differ significantly from the services of competitors. This was stated by the head of the organization Adena Friedman in an interview with CNBC.

We are continuing to investigate the idea of a cryptocurrency futures (contract) with a partner and we continue to look at the risk management around that, making sure we are putting the right protocols in place, making sure there's proper demand, and that the contract is different from what's already out there.
 

Adena Friedman

CEO, Nasdaq

According to the head of Nasdaq, futures for CBOE and CME are based on bitcoin price tracking and its price in the future. Friedman also strives to develop an alternative concept in which the main role will be played by the spot rate, rather than the price of the asset in the future.

What we might look at is more of a total return futures, so it's a little bit of a different construct, more of an investment than a tracking stock.
 

Adena Friedman

CEO, Nasdaq

Earlier, the Wall Street Journal published information that Nasdaq would launch bitcoin futures in the first half of 2018, but Aden Fridman refused to confirm or deny such rumors, stressing that all initiatives regarding bitcoin are at an early stage of development. 

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.