Canadian crypto adoption struggles as cash remains king

Currently, a 74% increase takes Bitcoin to over $59,000 and that doesn’t factor in “second-order effects,” says Galaxy Digital. 1028 Total views 3 Total shares Bitcoin’s (BTC) price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy

Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea. 1537 Total views 9 Total shares According to Korean media, U.S.-based multinational investment banking giant Morgan Stanley is rumored to be negotiating the acquisition of a significant share in leading Korean cryptocurrency exchange, Bithumb.The news…

EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future. 171 Total views 9 Total shares Own this piece of history Collect this article as an NFTEOS EVM emulates the Ethereum Virtual Machine (EVM) and allows for the deployment of decentralized applications (DApps) written…

It may not be likely, but Bitcoin has a lot more room to lure bears into a false sense of security, one analyst forecasts. 1114 Total views 5 Total shares Bitcoin (BTC) can return to $50,000 and still not violate an overall "bullish thesis" after breaking all-time highs, fresh research argues.In its latest market update…

BitPay and Binance have partnered to provide the payment firm’s 2 million individual and merchant customers with access to Binance’s stablecoin BUSD. Top blockchain payment service provider BitPay has partnered with Binance to support the exchange’s stablecoin BUSD. The stablecoin is now available to BitPay’s 2 million individual and merchant customers.BitPay’s wallet launched support for…

ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain.On Oct. 23, ING’s distributed ledger technology team presented its white paper, called “Solutions for the Corda security and privacy trade-off: having your cake and eating it,” where it reportedly found a solution…

The environmental impacts of the site were quickly called into question following the reveal. 1581 Total views 26 Total shares Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West…

Cathie Wood's Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. 154 Total views 1 Total shares As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.According to a Friday filing with the…

The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit filed by the U.S. SEC against cryptocurrency exchange Kraken. 193 Total views 6 Total shares The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange Commission