Cryptocurrency
Is Binance banned in Ontario? Many Ontarians were left wondering about the fate of the iconic crypto platform and if they could resume trading on Binance anytime soon. The short answer is no. Not only does Binance not hold a license with the Ontario Securities Commission (OSC), which regulates cryptocurrency exchanges in Ontario, but the […]
Sponsored by Bitbuy Let’s face it, cryptocurrencies are now mainstream investments similar to stocks and forex. This asset class is growing in popularity and statistics from 2019 showed that 3.89% of Canadians had used Bitcoin that year. That was up from 2.9% in 2017, and the upward trend shows no sign of slowing down. Clearly, […]
Ethereum has made a lot of progress in the previous year. From launching their Proof of Stake (PoS) protocol to making strides in the decentralized finance (DeFi), non-fungible tokens (NFT), and blockchain games space. Ethereum had one hell of a performance last year, and this year, it’s expected to come out with more surprises. So, […]
What do you get when you combine explosive growth, easy money and a market that’s entirely unregulated? A crypto-criminal feeding ground. It’s the wild west in the world of decentralized finance(DeFi) and DeFi scams are everywhere. So if you’re thinking you might like to do a little prospecting, make sure you understand the risks before […]
Sponsored by MyBTC.ca Bitcoin has been making international headlines again this year when it hit a new all-time high of just over $81,000 Canadian dollars in April 2021. You can’t ignore it anymore, Bitcoin is here to stay. According to Bitcoin purists, it’s the future of finance, and the future is now. With MyBTC, you can […]
In collaboration with CoinSmart Bitcoin has become one of the most well-respected asset classes in the world. So far this year, we have seen companies like MicroStrategy and Tesla buying up billions of dollars worth of BTC. We have also seen El Salvador passing a bill to make BTC legal tender and allow their citizens […]
Non-fungible tokens (NFT) are crypto investments bought on the blockchain. They are mentioned more in mainstream media because of the high prices people are willing to pay for them. In fact, the Canada Revenue Agency is now issuing guidance about how to classify NFTs from a tax standpoint. It’s serious when the Tax Man gets […]
Before anyone can buy or sell on a crypto platform, one must choose an electronic wallet to manage their assets. In the year 2023, it remains as important as ever for cryptocurrency investors to keep their coins secure by opting for a personal hardware wallet. Hardware wallets let you harness the full power of cryptocurrency, […]
In Collaboration with CoinSmart From overnight millionaires to shocking market meltdowns, the crypto space offers something for everyone. The critics have plenty to scoff at while the evangelists hold on for dear life. Is the crypto market a bottomless money-pit, or a bull in bear’s clothing? Believe it or not, we’ve seen this movie before. […]
Obtaining financial freedom seems like a pipedream to most people, but that isn’t the case when it comes to cryptocurrency investors. Time and time again we’ve seen individuals strike it big on the crypto market, and it feels as if more Canadians are trying to get in on the action. Canada is a bit more […]
In Collaboration with CoinSmart Warren Buffet called it rat poison and it’s been making headlines for all the wrong reasons. No wonder you’re a crypto skeptic. But if you believe the naysayers without doing any of your own research, you’ve bought into a different kind of hype. Cryptocurrency isn’t what you think it is, and […]
We just witnessed a stunning crypto crash, but now what? Is Bitcoin a dead-coin walking? The veterans in this space are unphased because it’s not their first rodeo. Just like the stock market, crypto can bounce back. Bitcoin has already survived 7 crypto crashes so far, this is number eight. A 73% drop is just […]
