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Posts Tagged ‘Bitcoin Foundation’

Well, it had to happen some time: Bitcoin is crashing. The price of the crypto-currency tumbled nearly 21 percent on Friday to $877.46 and has fallen more than 29 percent since closing at a record high of $1,237.96 on Wednesday, according to Bitcoin data tracker BitcoinCharts.com. (Story continues after chart, courtesy of bitcoin.clarkmoody.com.) Much of […]

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Bitcoin continues to inch toward the mainstream: First a university offered students the option of paying tuition in the digital currency ; now a Newport Beach Lamborghini dealer has opened its doors to Bitcoin business. This week it sold a pre-owned Tesla Model S for 91.4 Bitcoins, delivered via Bitpay…

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A Tesla Model S has been purchased with Bitcoin, the virtual currency that mimics cash on the internet, at a California dealership. Thats right, an electronic currency was used to purchased a fully electric vehicle, Lamborghini Newport Beach announced on its blog. The blog post is dated Wednesday, when a single Bitcoin was worth around $1,150, so […]

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