Bitbuy Review 2023 Buy Sell Crypto In Canada Fees Pros Cons

About Bitbuy Exchange Bitbuy is one of the leading cryptocurrency exchanges in Canada, founded in June 2016 by Adam Goldman. Its company headquarters are based in Toronto, Ontario, Canada, and currently serves more than 400,000 Canadians with support for 15 cryptocurrencies. The exchange is run and operated by Bitbuy Technologies Inc., a division of crypto investment company First Ledger Corp. In January 2022, WonderFi, a Vancouver-based technology company that is publicly listed on the NEO Exchange, bought out First Ledger Corp to gain exclusive rights over the operations of Bitbuy....

January 16, 2023 · 13 min · 2647 words · Christian Williams

Bitcoin Is Back Above 48K Level As Over 40 Billion Inflows Into Btc In 24H Finbold

It’s worth noting that Bitcoin has recovered ground in the last 24 hours after dipping below $46,000 on Monday morning, its lowest level since September. Interestingly, Bitcoin’s market capitalization increased by $45.55 billion in the previous 24 hours, climbing from $875.67 billion to $921.22 billion. Furthermore, the digital asset is presently trading at $48,633, representing a 5.07% gain on the day and a 2.38% increase over the previous week. Despite the current bearish attitude in the market, Bitcoin is attempting to recapture the all-important $50,000 level....

January 16, 2023 · 3 min · 431 words · Janice Law

Bitcoin Is Up Almost 70 In 2021 As High Inflation Weakens U S Dollar Finbold

Bitcoin had regained the majority of its losses over the last week when it crossed back above the $50,000 mark, with the climb coming only two days after the S&P 500 finished Friday at a level that was close to its all-time high. Also, compared to the previous day’s pricing, the cryptocurrency’s value has declined by around 0.52%. It is currently changing hands at $48,962 and up 1.81% over the previous seven days, with a total market worth of $925 billion, according to CoinMarketCap data....

January 16, 2023 · 2 min · 362 words · Donald Diaz

Bitcoin Profitable 90 Of Trading History Fueled By Widespread Adoption

Specifically, Bitcoin has been profitable for 87.66% or 3,984 days of its total traded history, which amounts to 4,545 days (around 12 years and five months), as opposed to only 564 or 12.41% unprofitable days, according to the data retrieved from crypto trading platform Blockchain.com on January 30. Aggressive Bitcoin adoption curve Notably, the chart shows the number of days in Bitcoin’s trading history where holding the decentralized finance (DeFi) token was profitable relative to today’s price, highlighting the aggressive growth of its adoption curve over time, also reflected in its price, as limited supply results in increased demand whenever the price moves up....

January 16, 2023 · 2 min · 286 words · Michael Bohl

Bitcoin S Correlation With Gold And Silver At A 7 Month Low Finbold

However, it is worth noting that the correlation between the flagship digital currency and precious metals has dropped to its lowest level since August 2021, marking a 7-month low, according to data provided by IntoTheBlock. Indeed, the research intelligence platform highlighted on March 7: More specifically, the Sharpe and Sortino ratios demonstrate how these commodities have performed better in response to their volatility versus Bitcoin and Ethereum, respectively. Bitcoin holders for more than 1 year at an all-time high Also, it is crucial to note that the vast majority of Bitcoin holders have remained unaffected by the recent price fluctuations....

January 16, 2023 · 2 min · 219 words · Shirley Ballard

Bitcoin Surges 30 Since Crypto Skeptic Peter Schiff Advised Holders To Sell

Among individuals retaining a bearish sentiment despite the gains is Peter Schiff, the chief global strategist of Euro Pacific Capital. He views the current rally as temporary while terming it an opportunity to get out of the market. For instance, on January 12, Schiff tweeted that with Bitcoin trading above $18,000 at the time, it was “an excellent opportunity for HOLDers to sell.” He had anticipated the asset to crash ahead of the United States Consumer Price Index (CPI) release....

January 16, 2023 · 2 min · 328 words · Susan Cardoza

Blockchain Intelligence Firm Claims Pro Russian Military Groups Use Crypto To Raise Funds

In this line, blockchain firm TRM Labs’ research has revealed that pro-Russian groups are raising funds in cryptocurrency to support paramilitary operations and evade U.S. sanctions, CNBC reported on October 3. According to the firm’s CEO, Chris Janczewski, by September 22, the groups had raised at least $400,000. In coming up with the raised amount, TRM Labs reviewed a combination of publicly available wallet addresses alongside cross-checking websites to spot any Russian-linked groups....

January 16, 2023 · 2 min · 276 words · Glenn Mcclane

Boeing Will Pay 4 2 Billion To Embraer To Use Its Aviation Area Finbold

Alexandre Cordeiro Macedo, Cade’s superintendent-general, gave the endorsement of this agreement on January 27. Since this operation is not restricted, the companies will not need to implement various measures like selling assets to competitors. Theoretically, this approval is final. However, it can still be contested, as explained by the Cade’s regulations. Any of the board members are allowed to contest the approval, but they must do so within 15 days....

January 16, 2023 · 2 min · 277 words · Catherine Jacobson

Can Xrp Price Reach 0 50 By The End Of 2022 Xrpusd Analysis

In early November, the XRP price was moving against the cryptocurrency market tide, recording gains as established assets like Bitcoin (BTC) and Ethereum (ETH) traded in the red zone. The rally was inspired by increasing confidence that the token’s parent company Ripple might win the case against the U.S. Securities and Exchange Commission (SEC). Amid the SEC case development, Ripple temporarily breached the $0.50 level, focusing on reclaiming $1. By press time, the token was trading at $0....

January 16, 2023 · 3 min · 478 words · Karen Bolebruch

Cardano To Reward Hackers Up To 10K With Hackerone Bug Bounty Program Launch

In response to the recent wave of cyber-attacks on crypto exchanges and blockchain networks, the Cardano Foundation is inviting hackers to participate in a lucrative hackathon. Hackers can receive up to $10,000 per fault if a critical Cardano node is compromised; while identifying a critical issue with Cardano-Wallet, hackers can earn up to $7,500. Identifying vulnerabilities in the Cardano network HackerOne, a worldwide hacker community with offices in London, New York City, Singapore, and the Netherlands, was named the foundation’s “most prominent hacker-powered security partner globally” with over 250k genuine vulnerabilities disclosed....

January 16, 2023 · 2 min · 351 words · Shane Michaelson

Cftc S G Romero Raises The Alarm Of Similarities Between Crypto Now And Banks In 2008

Speaking during an interview with Axios on June 14, she noted that the crypto market is growing significantly in an unregulated environment alongside increasing correlation with equities, an aspect that raises more risks. Notably, in recent months the crypto market has traded in correlation with the stock market, with some analysts maintaining that decoupling will emerge despite the ongoing high volatility for both sectors. The push for more regulations During the interview, Romero called for more regulations maintaining that the crypto sector needs to be managed before it’s too late....

January 16, 2023 · 2 min · 240 words · Barbara Martin

Chime And Current Dominate U S Banking Apps Downloads For H1 2021 Revolut Lags Behind

According to data acquired by Finbold, Chime was the most downloaded digital-first banking app in the U.S. in the first half of 2021, with 6.4 million new installs. Current ranks second at 2.7 million installs, followed by Varo at 1.95 million while Step with 1.94 million installs ranks in the fourth spot. Albert occupies the fifth slot with 1.9 million. In total, the top ten digital-first banking apps recorded 16....

January 16, 2023 · 2 min · 425 words · Jeanne Reed

Chinese Tech Giants Including Tencent And Ant Group Pledge To Ban Nfts

The pledge to usher in new guiding proposals to bring clarity to the NFT sector involving the signatories was published by China Cultural Industry Association on June 30. Although the pledge is not legally binding, it acknowledges existing crypto sector regulations guiding the country’s blockchain-based products. The industry players also committed to not establishing secondary marketplaces to fight speculation. Proposals not part of government stand It is worth noting that the proposal was crafted by an industry association and other market operators but does not represent the official government stand....

January 16, 2023 · 2 min · 266 words · Myrtis Cooper

Coinbase To Lay Off Another 950 Employees How Will Coin Stock React

As it happens, Coinbase plans to cut 950 jobs in order to provide “the appropriate operational efficiency to weather downturns in the crypto market and capture opportunities that may emerge,” according to the announcement by the crypto exchange on January 10. This is the second major round of layoffs for Coinbase, which previously let go of about 18% of its workforce, or 1,100 people, back in June 2022. CEO Brian Armstrong commented on the development for CNBC’s Squawk Box: According to the announcement, the fired employees will receive a minimum of 14 weeks of basic salary compensation (plus two additional weeks per year worked), health insurance, extra support for work visa holders, and other benefits....

January 16, 2023 · 2 min · 388 words · Cassandra Ivy

Configuring Dns Forwarders In Server 2008 R2

With Server 2008 & 2008 R2, you can also configure your DNS server to forward queries according to specific domain names using conditional forwarders. By using a forwarder, you can manage name resolution for names outside your network, such as hostnames on the Internet, which can improve the efficiency of name resolution for the computers in your network by taking advantage of the cache that is stored on the target DNS systems....

January 16, 2023 · 1 min · 139 words · Edna Britton

Crypto Adoption Rose Sharply Over Entire 2022 Despite Crashing Markets Report

As it happens, the total number of global crypto owners grew by 39% in 2022, increasing from 306 million in January 2022 to 425 million in December of the same year, according to the new research report published by Crypto.com on January 19. Ethereum leading the charge Specifically, the most impressive gains in adoption were recorded by Ethereum (ETH), which increased the number of its holders by a whopping 263% throughout the year, starting at 24 million in January and ending up at 87 million in December, accounting for 20% of global crypto owners....

January 16, 2023 · 3 min · 434 words · Guy Mcswain

Crypto Community Sets Bullish Bitcoin Price For October 31 2022

Bitcoin (BTC) reached its highest level in more than a week on Tuesday, September 27, when it surpassed $20,000. Despite this, the cryptocurrency still has trouble breaking out of its narrow trading range. As a result, several traders and investors are now focusing on the crypto’s next target price by October 31, given the volatility experienced in the crypto market. In particular, the cryptocurrency community on CoinMarketCap forecasts that Bitcoin’s value will increase by 13....

January 16, 2023 · 2 min · 416 words · Billy Gardner

Crypto Community With 78 Historical Accuracy Sets Tron Price For June 30 2022

As a result of the growth of the digital asset, not just in terms of value but also as the cryptocurrency continues to see increased development in the form of its network, which has added almost 100 million accounts so far. Due to the number of developments around TRON, the community of voters at CoinMarketCap with 1,408 votes has estimated, that TRX would trade at an average of $0.0755 by the end of June 2022....

January 16, 2023 · 2 min · 316 words · Leonard Jackson

Crypto Community With 82 Historical Accuracy Sets Bitcoin Price For April 30 2022

With more than 90% of Bitcoin in circulation, the inflation rate for digital assets fell to 1.7% in March, five times lower than the rate for the US dollar, presenting BTC as a credible inflation hedge for investors. The CoinMarketCap crypto community believes the asset will climb over 8% from the current price to trade at $51,053 by April 31. The target is based on the average votes by 55,723 members....

January 16, 2023 · 2 min · 388 words · Ricky Wright

Crypto Expert Identifies Key Ethereum Price Level To Hold In Order To Reach 1 500

Indeed, Ethereum is facing crucial resistance at around $1,200-$1,2500, which it needs to break in order to push toward the first price target at $1,336 and the second at $1,547, according to an analysis by the crypto trading expert Michaël van de Poppe, published on November 24. As he added: It is also worth mentioning that Bitcoincenter’s Ethereum rainbow chart had earlier breached the ‘Fire sale’ spot, the lowest band on the chart, last recorded in March 2020, as it was left without any lined-up catalysts that could trigger a bullish run....

January 16, 2023 · 2 min · 283 words · Rodrigo Clark