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Auction News

An auction is public trade of different kinds of goods and assets. An auction is organized with rules set in advanced that can differ from auction to auction. Nevertheless, one common thing for every event like this is competition between potential buyers in order to find the winner of the auction. Competition is necessary, as initially the price for the displayed product is lower than its market price. As well as other things, cryptocurrency can be sold in an auction and BTC auctions are popular, as almost everybody can afford to buy them there. Usually, it is Bitcoin that had been confiscated from criminals and sold in a police or FBI Bitcoin auction. In 2016, there began a daily Gemini auction of Bitcoin for dollars, which the exchange platform launched.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Leaving the hype behind, NFTs coupled with the art market can significantly improve and even transform the art industry in many ways.

Hype is over: How NFTs and art will benefit from each other moving forward

Sophia Schteiner

2021-06-27T16:11:00+01:00

6180

Polkadot’s canary network, Kusama, is set to see decentralized finance hub Karura become the first parachain.

DeFi hub Karura emerges as first Kusama parachain slot auction winner

Osato Avan-Nomayo

2021-06-22T13:30:47+01:00

4485

Is the auction house betting that diamonds will become a crypto user's best friend?

Sotheby's will allow people to trade their crypto for an 'intrinsically worthless' rock

2021-06-21T18:45:00+01:00

4049

CNN will drop NFTs depicting historic moments such as space travel, technological advancements, and presidential elections.

CNN selling historic news ‘moments’ as NFTs

2021-06-17T01:38:14+01:00

4606

Moving beyond digital art, an artist-focused DeFi auction site plans to put 3D reproductions of physical paintings on NFTs backed by and sold with the artwork i...

NFT art auction platform focuses on recreating physical paintings on tokens

2021-06-16T18:40:00+01:00

2463

Describing NFTs as the "most appropriate means of ownership that exists," a 65-year-old computer scientist will release a tokenized version of the World Wide We...

Sotheby's will auction World Wide Web source code as NFT

2021-06-15T17:15:00+01:00

5289

The first Kusama parachain slot auction will now commence and is set to run for the next week.

Another first for Polkadot as Kusama council approves first parachain slot auction

Osato Avan-Nomayo

2021-06-15T14:12:17+01:00

13392

Porsche announces NFT subsidiary, Chainlink oracles unlock special NFT content, and Mark Cuban continues to invest millions into companies targeting nonfungibl...

Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs

2021-06-15T04:38:37+01:00

9215