Canada Financial News
17.02 / 12:55
Citi
Target
BLOCK
RCMP Requests Exchanges to Stop Trading with 34 Crypto Wallets, amid the Freedom Fleet Protest
The Royal Canadian Mounted Police has asked several Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets related to the truckers’ “Freedom Fleet” protest, according to the Financial Post report.
17.02 / 01:17
Government
Blockchain
Adoption
Bitcoin
RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests
As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada's federal police force) sent letters to several cryptocurrency exchanges demanding that they "cease facilitating any transactions" with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The letter writes:
16.02 / 23:35
Ethereum
BTC
SEC
Bitcoin
NOT
Institutional investment in Bitcoin, crypto and why it’s not all good news
One of the biggest indicators of cryptocurrencies entering the phase of mainstream adoption was the overwhelming institutional interest over the past couple of years. Consider this – Cryptocurrency funds received capital inflows of around $9.3 billion in 2021 alone, most of which originated from institutional investments.
16.02 / 17:31
Technology
European Union
safe
EU gas supplies on 'safe side' for winter even if Russia cuts tap further, von der Leyen tells MEPs
European Commission chief Ursula von der Leyen said on Wednesday that gas supplies to the bloc are on the "safe side" for the remainder of the winter even if Russia further squeezes out deliveries.
16.02 / 14:22
business
Blockchain
Report
Bitcoin
Financial
61% of Luxembourg financial players to embark on crypto journey in 2022: PwC
In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.”
15.02 / 23:19
UPS
Ethereum
ETH
Provident
Ether Capital Corp. bets big on the Merge by staking ETH worth $31.7 million
As the day draws nearer for Ethereum‘s main chain to be merged with its staking ‘Beacon’ chain, entities are gradually increasing funding allocation to the same in a bid to eventually be in control of Ethereum’s validation mechanism. In a move towards the same, Canada-based investment company Ether Capital Corporation has allocated a further 10,240 ETH to staking, worth over $31.7 million at press time.
15.02 / 18:33
markets
Bitcoin
Bitcoin Price
Warning
Bitcoin spikes to $44.5K amid fresh warning over 'exceptionally high' stocks correlation
Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm.
15.02 / 13:39
BTC
ETF
SEC
Bitcoin
Support
NOT
24% discount or not, can Grayscale’s Bitcoin Trust count on real support
Grayscale Bitcoin Trust, arguably the grand daddy of crypto-funds, may just have fulfilled a long-held ambition. It became an Exchange-traded fund (ETF)— at least in name. It officially submitted an application on 19 October to the U.S Securities and Exchange Commission to convert its fund into a BTC spot ETF.
15.02 / 13:03
cryptocurrency
Adoption
Bitcoin
Canada Joins Lebanon and Turkey in 'Bitcoin's Marketing Team'
The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues.
15.02 / 12:47
markets
Bitcoin
Bitcoin Price
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase
Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction.
15.02 / 12:17
Provident
BTC
Target
Platform
Canada's Emergencies Act to Target Crypto Transactions, amid Anti-Vaccination Protest
Canada's Prime Minister Justin Trudeau invoked the Emergencies Act to curb the «Freedom Convoy» protests.
15.02 / 07:51
15.02 / 06:49
Adoption
regulation
Bitcoin
Canada invokes ‘Emergencies Act’ targeting crowdfunding and crypto
Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transactions,” including crypto.
14.02 / 22:29
business
Technology
Adoption
Bitcoin
Are we misguided about Bitcoin mining's environmental impacts? Slush Pool's CMO Kristian Csepcsar explains
It's a controversial topic in the blockchain community that comes up from time to time — just how much impact Bitcoin (BTC) mining has on the environment. Last year, Tesla's CEO Elon Musk brought forth a sharp correction in the cryptocurrency market by tweeting that his namesake car company would abandon plans to accept BTC, citing "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." However, a recent report published by CoinShares notes that despite the widespread use of coal, oil, and gas for Bitcoin mining, the network accounts for less than 0.08% of the world's CO2 production.
14.02 / 14:39
Tesla
love
Freedom Convoy
Centre
Brussels on edge as 'freedom convoy' threatens to disrupt city centre and European quarter
Brussels is on edge as a Canada-inspired "freedom convoy" is expected to descend on the city, threatening to disrupt the centre in open defiance of a ban issued by the public authorities.
14.02 / 09:11
Protest
Venice
love
Key US-Canada bridge reopens after police clear protesters
The busiest US-Canada border crossing reopened late Sunday after protests against COVID-19 restrictions closed it for almost a week, while Canadian officials held back from a crackdown on a larger protest in the capital, Ottawa.
12.02 / 22:03
VISA
Bitcoin
Freedom Convoy
Paris police fire tear gas at protesters emulating Canadian 'Freedom Convoy'
Paris police fired tear gas Saturday against a handful of demonstrators on the Champs Elysees after they defied a police order and organised a vehicle protest against COVID-19 restrictions inspired by Canada’s horn-honking “Freedom Convoy”.
12.02 / 03:29
Blockchain
BTC
Target
Bitcoin
Bitcoin Investment Sees A Revival: Is Bitcoin Out Of The Woods?
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
11.02 / 23:27
BTC
BLOCK
Platform
Bitcoin
Freedom Convoy
Canada: Nearly $1M raised in Bitcoin as govt freezes donations to Freedom Convoy
Traditional fundraising platforms across the globe have raised millions and millions of funds to help a cause. This could go both ways depending on the cause. Take the case in Canada. The ongoing truckers’ protests against the mandatory vaccination measures have aggravated since January this year.
11.02 / 22:11
cryptocurrency
Adoption
Legal
Bitcoin
freeze
Canadian Trucker Protesters Eye Bitcoin Amid Court-Ordered Fund Freeze
The government of Canada’s Ontario has obtained an order from the province's Superior Court of Justice that allows freezing some USD 9.4m in funds collected through crowdfunding platform GiveSendGo for the 'trucker protest' -- encouraging calls by some of the protest’s supporters to develop a bitcoin (BTC)-based strategy that could ensure continued funding for the truckers.
11.02 / 20:11
Ethereum
Chainalysis
Bitmain
Bitcoin
Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
what's happening in Canada
What is the current situation in Canada?
In Canada, the spotlight is on local government initiatives that spark public discussion.
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