A new documentary entitled “Colombia and the Cryptocurrency Revolution” shows recent spikes in Colombia’s adoption of cryptocurrencies. The Dash-sponsored YouTube channel covers the merchant adoption progress in Medellín and crypto conferences taking place in South America. Continue reading Colombia and Venezuela Lead South America’s Cryptocurrency Revolution
Over the last 48 hours, following a large loss on Christmas, the Bitcoin price has recovered back to around $4,000. The dominant cryptocurrency, which still holds a market valuation of over $64 billion, has demonstrated wild volatility in a wide price range from $3,100 to $4,300 throughout December, struggling to recover to November levels. Continue reading Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery
ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $21.7 trillion as of November, will inevitably cause a big spike in crypto.
“When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can’t possibly ever pay it back and thus must print it instead, and thus fiat is doomed. Watch what happens to crypto.” Continue reading $20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom