• The United States Senate has successfully confirmed U.S. Representative Mick Mulvaney (R – S.C.) to be President Trump’s Budget Director on Thursday after a close and contentious vote. Mulvaney was confirmed to lead the White House Office of Management and Budget by a vote of 51 to 49, according to the New York Times, narrowly making the cut over a unified front of Democrats. The Trump administration has already had some close calls, with their

    It’s Official: ‘Bitcoin Congressman’ Mulvaney is U.S. Budget Chief

    | 2017/02/17 12:00 pm
  • Bitcoin supporter Mark Calabria from the Cato Institute has been selected to serve as Chief Economist for Vice President Mike Pence. Bitcoin-Supporter to Advise Mike Pence The Vice President of the United States, Mike Pence, has selected a well-known libertarian and Bitcoin advocate, Mark Calabria, as his chief economist. Having also previously worked for the Senate Banking Committee, Calabria is best known as the former director of financial regulation studies at the Cato Institute. He is also an

    VP Mike Pence’s New Chief Economist is a Bitcoin Supporter

    | 2017/02/13 8:00 am
  • What is constantly an issue, both now and in the future, is the concept of regulating and understanding blockchain and digital currency technology at a government level. The U.S. Government is taking steps to better understand this industry with their new Congressional Blockchain Caucus. Blockchain Caucus Will Educate Lawmakers Spearheaded by Rep. Jared Polis (D-Colo.) and David Schweikert (R-Ariz.), this will create a soundboard for future policy creation dealing with blockchain technology and the growing world

    U.S. Congress Creates New Blockchain Caucus in Washington

    | 2017/02/10 8:00 am
  • Bitcoinist spoke with the Dutch Pirate Party Leader Ancilla van de Leest on their recent attempt to pay the Election Council with Bitcoin, their appeal with younger voters, and why they believe everybody should be free to choose the currency they want to use. Dutch Pirate Party: ‘We Need a Viable Alternative to Fiat’ Bitcoinist: Why was the Netherlands Pirate Party founded? What issues does it focus on? Ancilla van de Leest (AVL): The Dutch Pirate Party is one

    Dutch Pirate Party: The Powers That Be Aren’t Too Welcoming of Bitcoin

    | 2017/02/08 11:00 am
  • The Segregated Witness (SegWit) update has received lukewarm support thus far since it was announced on Litecoin on January 28th. Beyond Bitcoin: ‘Testbed’ for SegWit After Bitcoin, the SegWit scaling update has now been introduced to Litecoin along with some other cryptocurrencies including Vertcoin, Groestlcoin, and Viacoin. Right now, Litecoin miners are in the process of voting on the update. Currently at 3%, support is lower than it is in Bitcoin, which rapidly climbed up to 22% in its first two weeks. The vote has

    Litecoin: SegWit ‘Testbed’ at Risk as Bitcoin Politics Spread

    | 2017/02/08 8:00 am
  • The woman who was pepper sprayed by Berkeley University protestors while wearing a ‘Make Bitcoin Great Again’ cap has released further details of the event. Trump Supporters ‘Untapped Network’ In a Reddit AMA session, Kiara Robles sought to answer questions relating to the attack, as well as debate issues related to the current state of Bitcoin. “I’m planning on making a video describing all the happening since the event over the next few days. But the

    Bitcoin Pepper Spray Victim: Trump & Crypto Community ‘Overlap’

    | 2017/02/07 6:00 am
  • The percentage of blocks that are signaling support for Bitcoin Unlimited has surpassed Segregated Witness, making it the most popular scaling solution at the moment.  Scaling Bitcoin Scaling is the most important and pressing issue in Bitcoin at the moment. The current block size capacity allows for three to seven transactions per second to be made in the network. With many blocks getting close to being full, the Bitcoin network will soon be unable to

    Bitcoin Unlimited Support Overtakes SegWit For the First Time

    | 2017/02/05 11:30 am
  • More and more nations are facing the realization that Bitcoin and the world of decentralized digital currencies are not going anywhere. The United Arab Emirates (UAE) is facing this new reality with an update on their recent ban on the use of digital currencies. Emirates: Virtual Currencies ‘Prohibited’ Many nations run their economic policy through their national central (private) bank, without even the need to get approval from the national government, and this appears to

    United Arab Emirates Updates Ban on Bitcoin & Digital Currencies

    | 2017/02/02 4:00 am
  • Bitcoin has now become a “great hedge” against the centrally-controlled banking system according to BTCC CEO Bobby Lee.  Bitcoin: Designed to Protect Your Wealth  The current debt-based, centrally-controlled banking and monetary system have created a monster, not much unlike “Frankenstein’s Monster.” Bitcoin has now become a monster the centralized power structure is trying to control. As Satoshi Nakamoto has stated before, Bitcoin was created in response to “The Great Recession” of 2007-2009 that many countries

    Rage Against the Machine: Bitcoin ‘A Great Hedge Against the System’

    | 2017/01/30 11:00 am
  • Civic CEO Vinny Lingham has forecast the “Trumping” of gold in first years of the US presidency in his “most controversial blog post yet” on Bitcoin’s future. Lingham on Gold & The ‘Trump Effect’ The early Bitcoin entrepreneur, building on a previous post about Bitcoin’s identity versus gold’s, stated a combination of global factors stemming from Donald Trump’s policies would ultimately cause serious problems for the commodity and the US dollar. “… My goal of this

    Vinny Lingham: Gold Set For ‘Trump Effect,’ Gen. X & Y Choose Bitcoin

    | 2017/01/29 10:00 am
  • Here are four reasons why we at Bitcoinist believe the Trump presidency can make Bitcoin even greater in the next four years.  Making Bitcoin Even Greater We at Bitcoinist believe the world’s most popular cryptocurrency is already great. Indeed, it has shown that it can weather any political storm. But what about the looming ‘Trumpocalypse’ that some political pundits have predicted? Judging by Trump’s actions and comments thus far: Bitcoin will not only survive, but will also become greater than ever.

    4 ‘Yuuge’ Reasons Why Trump Will Make Bitcoin Greater

    | 2017/01/20 6:00 am
  • There has been plenty of positive vibrations coming out of France, as a movement against the European Union by National Front party leader Marine Le Pen builds momentum. All is not well in “The Hexagon,” as this extreme-right wing leader has decided that “The Future of Money” should not be in France’s future. ‘It is Nothing More Than a Ponzi Scheme’ Bitcoin has never been free from controversy or the barbs of the uneducated. Even Russia,

    France’s Le Pen, National Front Party Attacks Bitcoin; Seeks National Ban

    | 2017/01/18 11:30 am
  • For all those who are casual market investors, rejoice! Bitcoin is back to its winning ways as the world’s leading free-market digital currency surges on Tuesday against a weakening US dollar due to recent commentary from President-elect Donald Trump. Trump: Dollar ‘Too Strong’ There are many potential factors in the value Bitcoin versus the dollar, the primary one being the value of the dollar itself, which is usually very stable and strong, being the global

    Bitcoin Price Rebounds Quickly as Dollar Weakens After Trump Comment

    | 2017/01/17 11:00 am
  • President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration. Trump Set to Shake Things Up Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington. This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and

    Bitcoin Goes to Washington – Trump May Hire More Digital Currency Leaders

    | 2017/01/13 3:00 pm
  • China has included Blockchain technology in its 13th National Five-Year Plan, via an Informatization Strategy published December 15 by the State Council. ‘Intelligent Services Will Be Everywhere’ “The internet, cloud computing, large data, artificial intelligence, machine learning, blockchain, bio-genetic engineering and other new technologies will drive… the evolution of everything – digital, network, intelligent services will be everywhere,” the document states. The real world and the digital world are increasingly converging as one; the global

    To the Mao-oon! China’s New 5-Year Plan Adds Blockchain Technology

    | 2016/12/28 6:30 am
  • Republican Bitcoin proponent Congressman Mick Mulvaney is the surprise pick for Donald Trump’s Office of Management and Budget chief. Bitcoin ‘Not Manipulatable’ By Any Gov’t Mulvaney, whose support for Bitcoin has been high profile even within Washington itself, is also due to speak for a second time at the John Birch Society, a ring-wing group which verges on extremism. During his first speech in July, Mother Jones reports Mulvaney “slammed” the Federal Reserve while talking up Bitcoin’s virtues. He

    Trump Picks ‘Bitcoin Congressman’ Mulvaney for Budget Chief

    | 2016/12/20 7:30 am
  • The Ukraine Stock Exchange has announced it will start selling Bitcoin futures due to “quite high interest” in the country. Ukraine Trades Brent & Bitcoin Trading authorities made the statement along with news that Brent crude futures will also be offered. Trading will begin December 19. “This became possible after the National Securities and Stock Market Commission registered specifications of futures contracts and exchange in the stock market legislation,” a statement quoted by local news resource

    ‘High Interest’ Prods Ukraine to Launch Bitcoin Futures Trading

    | 2016/12/15 6:00 am
  • Russia opposition candidate Aleksey Navalny has announced he is accepting Bitcoin for funding his 2018 presidency bid. Navalny Receives $6700 in BTC and Counting Navalny, who caused a stir after announcing his campaign this month, is the first major political presence to embrace Bitcoin, following its recent de facto legalization in Russia. His official campaign website lists an address for donations to be sent to, along with traditional methods such as PayPal and domestic e-money transfer. As

    Putin’s Arch Nemisis Navalny is Taking Bitcoin for Presidency Bid

    | 2016/12/14 9:00 am
  • Moscow opens its first digital currency exchange, California shelves its plans to regulate bitcoin, and the Bank of England looks to manage cryptocurrency. Want to catch up on the latest digital currency news? Take a look at the stories below. Also read: Industry Report: Big Bounty May Help Bitfinex Get its Money Back MOSCOW After years of marking bitcoin as a magnet for criminal activity, Russia shocked the world last week when it announced it

    Industry Report: Moscow Gets its First Bitcoin Exchange

    | 2016/08/18 9:00 am
  • News surrounding Bitfinex gets hairier, some warring views surface on bitcoin and its functions, and Colombia’s first digital exchange closes its doors. Want to catch up on the latest digital currency news? Take a look at the stories below. Also read: Industry Report: Bitfinex Sinks the Bitcoin Market BITFINEX Following a $72 million dollar hack that occurred just a few days ago, news surrounding Hong Kong-based bitcoin exchange Bitfinex is getting mysterious. The company’s elusive

    Industry Report: News Surrounding Bitfinex Gets Weirder

    | 2016/08/07 12:00 pm
  • At the start of July, rumors of a “Terminator Plan” shook the Bitcoin community to its core, creating talk of mutiny among Chinese bitcoin miners, forcing Bitcoin Core out of the picture. Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or serices. This dramatic addition to the long-running Bitcoin block size debate calls into question

    ‘Terminator Plan’ Calls Bitcoin Governance into Question

    | 2016/07/26 9:00 am
  • China loves digital currency, France wants to fight it, and the FBI doesn’t know how to handle it. Want to catch up on your latest digital currency news? Check out the stories below. Also read: Industry Report: Bitcoin Thieves Abound As Popularity Skyrockets CHINA China has proposed a new civil law that recognizes the people’s right to own virtual assets. This includes bitcoin and additional cryptocurrencies. The civil code was introduced in the National People’s Congress

    Industry Report: How China, France, and the FBI Do Bitcoin

    | 2016/07/02 9:00 am
  • Bitcoin has undergone another impressive rise. Since our last price piece, everyone’s favorite digital currency has spiked by nearly $20, and is now hovering at around $767 at press time. Also read: Bitcoin Price Bursts Ahead, Nearing $700 Bitcoin Continues Towards the Moon As one analyst proclaimed: “The bitcoin price… bubbles just below $700… and the mood in Bitcoin Land is positive.” And yet despite the latest catapult, some are claiming that bitcoin, upon hitting $700,

    Bitcoin Price to Hit $1,000 Once Again? The Rally Continues

    | 2016/06/17 5:00 am