585
USD/BTC Price
11,788
24h BTC Trade Volume
13,076
Thousand Total BTC
7,650
Million USD Market Cap
149
PHash/s Network

NEW YORK (InsideBitcoins) -- Now there’s an online destination where bitcoin-rich people can spend their digital wealth.

BitPremier, which touts itself as a Bitcoin luxury marketplace, is a playground for those who are swimming in the cryptocurrency. Upon visiting BitPremier.com, you’ll find listings that include expensive cars, mansions and yachts -- all available for purchase with bitcoin. Anyone who was skeptical of the cryptocurrency before will be floored by the wide range of options on the website.

NEW YORK (InsideBitcoins) -- Small businesses are beginning to tap into the possibilities offered by Bitcoin. And one of the leading providers of financial and tax software to small businesses, Intuit, is helping entrepreneurs make the global cryptocurrency payment connection.

NEW YORK (InsideBitcoins) -- You know a currency is really starting to gain steam when those who would otherwise buy gold are liquidating so that they can buy bitcoin. Around 2006, the price of gold started to aggressively increase. It was less than $600 at that time and by the end of 2011, it had nearly tripled in price.

NEW YORK (InsideBitcoins) -- The ongoing issues surrounding the VAT status of trading and mining Bitcoin within the European Union took a new turn earlier this month when the banking watchdog, the European Banking Authority (EBA), advised banks to "shun" Bitcoin.

NEW YORK (InsideBitcoins) -- The largest nonprofit to accept bitcoin payments is perhaps also the most ubiquitous: Wikipedia. The user-generated Internet encyclopedia depends on donations to fund its service and announced today that it will begin accepting contributions made with the digital currency.

The announcement was posted on the Wikimedia Foundation blog by Lisa Gruwell, the organization’s chief revenue officer.

NEW YORK (InsideBitcoins) -- Five months after Mt. Gox filed for bankruptcy protection, the Tokyo Police Department has announced that it will launch a formal investigation into the bitcoin exchange’s failure.

“We decided to launch an investigation as we concluded this case could be connected to criminal activity,” a spokesman for the department said, according to The Wall Street Journal.

NEW YORK (InsideBitcoins) -- Working to gain an edge in Bitcoin payment processing, BitPay has announced a new pricing plan -- with no fee for basic services. BitPay is hoping the move “lowers the barrier for entry for businesses who want to accept bitcoin for goods and services.”

NEW YORK (InsideBitcoins) -- The island of Jersey sits just off the coast of France and maintains a friendly if complex relationship with its neighbours. A British overseas territory ostensibly headed by the Queen and yet not part of the United Kingdom, granted the full trading rights of an EU member state yet not an actual member, its status as a political oddity does not diminish its desirability as one of Europe’s most exclusive slices of real estate.

NEW YORK (InsideBitcoins) -- In a recent move that proves that not even Bitcoin has total freedom on the Internet, the popular website Coinbase, which offers users the opportunity to store their favorite virtual currency in online wallets, has terminated an account that mentioned illicit activities – apparently in jest.

NEW YORK (InsideBitcoins) -- Washington is curious about cryptocurrencies, especially Bitcoin. In an attempt to learn more about Bitcoin – and share a learning experience – House Reps. Jared Polis D-Colo., Robert W. Goodlatte, R-Va., and Mick Mulvaney, R-S.C., are hosting a “Bitcoin Demo Day” this evening from 5-7 p.m. in the Rayburn House Office Building.

Polis is a well-known Bitcoin advocate, even accepting the digital currency for campaign donations.

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