Canadian crypto adoption struggles as cash remains king

Wednesday, June 12 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all in the green. Cryptocurrencies on the whole are trending up today, according to data provided by Coin360.Market visualization courtesy of Coin360After peaking around $9,000 in May, BTC crashed down to under $8,000 but seems to be slowly recovering. BTC was…

The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.

Travala is expanding its crypto-powered offerings thanks to a new partnership. Travala.com has recently added an additional 600,000 hotels to its crypto-powered online travel platform thanks to a recent partnership with booking giant, Agoda.Travala’s CEO, Juan Otero, told Cointelegraph that the number of properties on the platform has now reached over 2.2 million in total.…

The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. However, the overall sentiment is far worse, considering that this valuation is the lowest seen since December 2020. Total crypto market cap in USD, 4-hour. Source: TradingViewThe price of Bitcoin (BTC) dipped a mere 2.8% on the…

Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing. 279 Total views 18 Total shares Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC.In…

Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $17,500 monthly close “most bullish outcome”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.Highs of $17,072 appeared on Bitstamp, with the pair nonetheless unable to flip…

The vulnerability has since been patched, although it affected several leading transaction simulation vendors. 411 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a blog post published by developers of crypto wallet ZenGo, the firm said it had uncovered security vulnerabilities in transaction simulation solutions used…

EY has added a new solution to its Blockchain Analyzer product suite. 1004 Total views 22 Total shares Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions. The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. According to an…

The founder and CEO of retail giant Overstock.com Patrick Byrne says that blockchain can make government “superefficient and incapable of being bribed,” in an interview with MarketWatch published on Feb. 12.Byrne reportedly said that government services have reached a turning point for a fundamental change of their structure, and blockchain technology, in his opinion, will…