Key takeawaysAs of 2024, around 10% of Canadians held cryptocurrencies, including Bitcoin, positioning the country ahead of Australia, Germany and Norway in adoption.Bitcoin is classified as a commodity in Canada,
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
Bitcoin plunged more than 15% following former U.S. President Donald Trump’s threat to impose new tariffs on China, Mexico, and Canada.
Bitcoin (BTC) price dipped below $90,000 this week amid market turbulence following its inclusion in the U.S. crypto reserve plan. Meanwhile, Yeti Ouro (YETIO), a rising Play-to-Earn (P2E) token, sees strong presale results with two stages completed already. With over 3 Million raised already in presale, indicating strong investor demand.
A Canada-based crypto mining company is acquiring ... from the coal-fired stations to power its energy-intensive bitcoin mining operations. Bitfarms already has a presence in Pennsylvania, having ...
But as of this writing, Bitcoin's price has retreated more than 20% to about $84,000. That decline can be largely attributed to the Trump administration's plans to impose or raise tariffs, which are stoking fears of higher inflation and elevated interest rates.