Why the Central African Republic’s Bitcoin adoption matters The Central African Republic has adopted Bitcoin as a legal tender. This has made CAR the first African country to officially adopt cryptocurrencies and the second-ever nation to do so after El Salvador did the same a few months before. The CAR parliament came to a unanimous decision in the week of April 18, 2022, regarding the use of cryptocurrency. President Faustin-Archange Touadera’s chief of staff Obed Namsio…
The Collapse of Terra (LUNA) Last year, MintDice brought you an article regarding a newer altcoin know as LUNA, which is native to the Terra blockchain. The year since has been a wild ride for the coin, and if you’ve been watching the news, you know that it isn’t good. https://www.mintdice.com/blog/terra-luna-stablecoin-blockchain-overview In May 2022, Terra stablecoin, UST, and LUNA, both crashed to a price point of nearly zero. As a result, many exchanges have de-listed…
Is a Recession Coming? (2022) In recent months, inflation has soared all over the world, effecting almost every currency, as the US dollar is the world pegged currency and has soared to inflation rates of over 20%. In recent months, Europe and Australia have also noted dangerous levels of inflation near 14%. https://www.mintdice.com/blog/what-is-happening-with-usa-inflation Unfortunately, the answer to inflation is to raise interest rates, which will lead to stagflation, and…
How to Receive Bitcoin Learning everything you need to know about Bitcoin can seem like a daunting task, especially if you are new to the crypto world. Luckily, sending and receiving Bitcoin can be done without extensive knowledge of the technical side. Receiving Bitcoin is a relatively simple process, as long as you follow the steps provided by your cryptocurrency wallet exchange. Using your Bitcoin wallet and providing your address can make exchanging crypto much easier.…
Hex Cryptocurrency: The Ultimate Scam In the altcoin world, there are more scams than there are real projects. While these scams typically fail on their own, there are a few that seem to stick around. The worst part is these scam coins that stick around tend to fall harder and faster when they do eventually fall. https://www.mintdice.com/blog/the-squid-game-cryptocurrency-hype-and-crash If you are new to the cryptocurrency world, you are much more likely to encounter a scam…
New York Moves to Ban Bitcoin Mining On June 2nd, 2022 the cryptocurrency holders everywhere held their breath as word about a new bill to be passed in New York was announced. The new bill included several aspects which would severely restrict Bitcoin mining. https://www.forbes.com/sites/siladityaray/2022/06/03/new-york-clamps-down-on-bitcoin-mining-in-newly-passed-bill/?sh=61ad7836de58 Now many are left to wonder what impact will this have on the cryptocurrency world. Not…
Inflation Around the World: Is Russia Exempt? Have you headed to the gas pump lately? If so you’ve likely felt stumped as you watched the price climb continually to a point far beyond what you planned to pay. https://www.cnbc.com/2022/06/10/inflation-continues-to-rise-gas-prices-up-nearly-50percent-since-last-year.html Across the United States, citizens are grumbling as inflation reaches a 40-year high, causing many people to be unable to afford their basic bills. But…
What is Voyager Crypto? In the cryptocurrency world, there are so many options when it comes to wallets, trading apps, and exchanges. One of these options that has recently gained popularity is an app called Voyager. But what is Voyager exactly? Is it an exchange? Keep reading to learn more about this cryptocurrency application, the people behind it, and our advice as to whether or not you should use it. What is Voyager? First and foremost it’s critical to establish that…
Can You Buy Crypto on Robinhood? With the growing popularity of cryptocurrency, it is no surprise that it is increasingly used in several places. From those who use crypto to save for a rainy day to those who just want to use it to make digital purchases, many wonder if you can and should buy crypto on Robinhood. Although Robinhood is most widely used as a stock trading website and app, you can buy crypto through them as well. It is important to ensure that you have done…
Now Introducing MintDice Casino Games Looking to spice up your online Bitcoin casino experience? Now introducing the all-new MintDice Casino Games! Now you can engage in all sorts of new games while reaping the same benefits you gain from being a regular player on MintDice. Just like cowboys used to wander into a Wild West Saloon to gamble when they had a little free time, now you can gamble in the same style of games from the comfort of your own home. Keep reading to learn…
Altcoin Spotlight: What is Elongate Cryptocurrency? If there’s one thing the cryptocurrency world loves, it’s a good meme. Therefore it should come as no surprise that a new meme coin popped up in 2021 as a response to an Elon Musk tweet. Its name is Elongate. But what is Elongate? Is it a legitimate cryptocurrency? And should you invest? Keep reading to find out. https://coinmarketcap.com/currencies/elongate/ What is Elongate? Elongate, much like Dogecoin, is a simple store…
Elon Musk Sued in Dogecoin Lawsuit Everywhere markets are hurting. Whether you’ve checked your stock accounts, cryptocurrency accounts, or maybe even just your bank account you’ve likely noticed there is less there than there was before. Much of this is due to the rising cost of goods and services due to widespread inflation. Many Americans don’t realize it, but this inflation is sweeping the globe as goods and services are becoming scarcer everywhere.…
Should Your Business Accept Cryptocurrency? Cryptocurrency popularity seems to come in waves. For a few months, it’s all the rage, then the hype about it will begin to die down as prices decline and people no longer want to purchase them. Because cryptocurrency popularity is difficult to gauge, you may be wondering if your company should consider offering to accept cryptocurrency as payment for goods and services. This can be a difficult decision, especially when you have to…
Altcoin Spotlight: What is Paxos? Paxos is a cryptocurrency company you have likely heard of before. Known for its blockchain protocols, it should come as no surprise that Paxos has its own cryptocurrency token known as PAX. PAX is a stablecoin invented by the company Paxos and it is pegged to the US dollar on a one-to-one basis, meaning for every dollar of PAX created the company keeps one US dollar in a bank account. Is PAX worthy of an investment? Keep reading to learn…
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