MintDice Blog

Many people want to trade Bitcoin, but don’t want to go through setting up a wallet, exchange accounts, and transferring money. They qualify as traditional investors that use their stock exchange accounts to trade investment assets. That’s where the Bitcoin Investment Trust comes into play.

Tax season is coming to an end and in the U.S., the IRS has made it clear that they expect crypto investors, traders, and holders to report their crypto activities on their tax return.

Cryptocurrencies have fallen out of favor with some of the largest media and advertising channels over the past few weeks. Major online advertising platforms Facebook, Google, and Twitter have all announced effective or impending bans on ads related to cryptocurrencies or ICOs.

If you’re new to the expanding world of cryptocurrency, chances are you’ve gotten lost and confused with people telling you to ‘hodl’ or that people are just spreading ‘FUD.’ Cryptocurrencies are becoming like any industry that creates their own jargon and slang as it matures.

Dogecoin is one of the digital coins gaining traction in the crypto world. It’s been around since 2013 and it's one of the world’s fastest-growing and stable cryptocurrencies.

In order to attract investors, fraudsters are developing scam coins and using old fraud schemes, including Ponzi schemes and pump-and-dump strategies, to steal the wealth of cryptocurrency enthusiasts who don’t know better.

March has seen investors become skeptical of altcoins and move more of their holdings over to Bitcoin for stability. Now with tax season coming to an end, we should see a bit more money flowing into the cryptocurrency market, potentially helping fuel the next move upward in the market.

The same idea applies to cryptocurrencies. If you’re going to hold digital currency, for example, Bitcoin, you’re going to need a wallet to store, send and receive your coins. Just like traditional methods of storing money, crypto wallets exist in different forms with different purposes.

There are many people that believe Bitcoin as a digital currency represents a viable alternative currency to national fiat currencies. Futurists claim that cryptocurrency is going to disrupt 25% of national currencies by 2030 and threaten the central banking system.