Canada Financial News

11.02 / 13:53

restrictions COVID restrictions Freedom Convoy 'Freedom Convoy': Protesters opposing France's COVID restrictions head for Paris

Protesters from across France are planning to descend on Paris in a Canada-inspired "Freedom Convoy" on Friday to voice opposition to the country's COVID-19 vaccine and public health policies.

11.02 / 09:05

BTC Platform Donations Bitcoin Freedom Convoy Ontario government freezes millions more in donations to Freedom Convoy

The Ontario Provincial government in Canada has been granted an order from the Superior Court of Justice to freeze millions of dollars in donations on the GiveSendGo platform from reaching the Freedom Convoy protesters.

11.02 / 08:25

NATO fake news aids hiv Vaccines NOT Debunked: COVID-19 vaccines do not create variants of HIV/AIDS

False online claims have suggested an unfounded link between COVID-19 vaccines and HIV, the virus that causes AIDs.

10.02 / 19:51

Government Law legislation crypto sector Canadian MP introduces bill aimed at encouraging growth in crypto sector

Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill proposing the government set up a framework to encourage the growth of the cryptocurrency sector in the country.

10.02 / 16:29

UPS Career Canadian Crypto Exchange Bitbuy will Attend the Super Bowl

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.

10.02 / 16:11

Twitter Coca-Cola Disney Tapestry Stocks making the biggest moves premarket: Coca-Cola, Twitter, Tapestry and others

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10.02 / 15:01

Protest Police restrictions COVID restrictions Freedom Convoy Paris police ban Canada-style 'Freedom Convoy' protest against French COVID restrictions

Police in Paris have banned a planned demonstration in the French capital this weekend as part of a so-called "Freedom Convoy", inspired by a truckers' protest against COVID restrictions in Canada.

10.02 / 14:41

Bank of Canada Gov. Macklem: Current Rate of Inflation ‘Too High’

OTTAWA—Bank of Canada Gov. Tiff Macklem said Canada’s current rate of inflation “is too high” and requires a pivot in monetary policy to return increases in the consumer-price index back to the central bank’s 2% target.

10.02 / 13:03

Blockchain UPS Platform valuation Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation

Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing around $200 million.

10.02 / 01:39

Blockchain Ethereum FIVE Bitcoin KPMG recognizes Germany, Portugal and this city-state as crypto-hotspots

2021 was a highlight year for the cryptocurrency industry, with rapid growth noted not just in the asset market, but also in the infrastructure surrounding it. Big 4 accounting firm KPMG, which itself revealed holding Bitcoin and Ethereum on its Canada arm’s balance sheet earlier, has now highlighted in a report that investments in the crypto and blockchain sector were upwards of $30 billion in 2021.

09.02 / 23:21

Ethereum Adoption ETF Bitcoin crypto futures TMX Group Canada to unveil crypto futures product later this year

In response to institutional investors' concerns about the risks of trading in a new asset class, TMX Group, Canada's major stock market operator, has revealed plans to launch its first-ever crypto futures product.

09.02 / 16:23

COST CEO Action Stocks making the biggest moves premarket: Peloton, Canopy Growth, Chipotle and others

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09.02 / 16:05

Technology cryptocurrency Football Freedom Convoy Is a Canada-style 'Freedom Convoy' protest set to descend on Paris?

French people opposed to the country’s vaccine pass system are planning to drive to Paris en masse in protests inspired by the so-called Freedom Convoy in Canada, according to organisers on social media.

09.02 / 13:57

Ethereum BTC Digital Bitcoin recovery Support Fund inflows support Bitcoin’s recovery story, but this crypto continues to lag

The month of January was responsible was a downward spiral in the crypto-market. And, the downtrend was also responsible for reducing fund flows for all digital assets. However, for the third straight week, the trend seems to be reversing with recovery on the way.

09.02 / 12:03

Technology World Health Organization Equality end COVID equality: WHO calls on rich countries to pay €14 billion urgently to end global pandemic

The World Health Organization (WHO) on Wednesday urged rich countries to urgently provide the $16 billion (€14 billion) that is still missing to finance its plan to fight the COVID-19 pandemic.

09.02 / 06:45

cryptocurrency ETF Bitcoin crypto futures Canada's Largest Stock Market Operator Plans Crypto Futures Product

TMX listed the world's first bitcoin ETF almost a year ago.

09.02 / 04:13

markets Ethereum DEX network Ethereum price holds above $3K but network data suggests bulls may get trapped

When analyzing Ether's (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7.

08.02 / 20:21

Blockchain Technology defi Scams saga Wonderland’s treasury saga exposes the fragility of DAO projects today

The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy.

08.02 / 18:23

Ethereum BTC Digital Bitcoin Bitcoin (briefly) pushes past $45k as short liquidations surge; here’s what’s next

The cryptocurrency industry breathed a sigh of relief this week, as many digital assets including Bitcoin showed signs of recovery from a tumultuous January. All eyes are on the top coin for now, as it breached the important $45,000 resistance level a few hours ago, for the first time in over a month, after gaining a 5.2% valuation over the past day.

08.02 / 17:41

Blockchain Ethereum Provident Bitcoin accounting Accounting Giant KPMG Invests in Bitcoin and Ethereum

Accounting firm KPMG is getting into cryptocurrencies. The firm announced in a press release on Feb. 7, 2021, that its Canada office had purchased Ethereum (ETHUSD) and Bitcoin (BTCUSD) for its corporate treasury. KPMG did not divulge the amount or figures related to its investment in cryptocurrencies.

08.02 / 16:37

Blockchain Ethereum Digital Bitcoin Opinions Marketing or belief? Opinions divided as KPMG Canada’s treasury adds BTC & ETH

The race to integrate cryptocurrencies into the global banking network is real. The digital asset marketplace recently reclaimed or rather surpassed the $2 trillion mark. The sheer valuation was one of the reasons for the unprecedented traction. A report published by KPMG, one of the ‘Big Four’ accounting organizations had published a report to highlight the same.

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