Is there hope for Canada’s crypto sector after the election?

Cryptocurrencies are one of many dividing lines between the Liberal and Conservative parties of Canada. In 2022, Conservatives advocated for crypto as a way to “opt out” of inflation, blaming Liberal economic policy for driving inflation to 30-year highs and contributing to a spike in housing costs. Liberals, on the other hand, criticized crypto for being too volatile. Most of the time, cryptocurrencies are treated as securities, which makes developing a crypto-focused business in Canada difficult. This protective approach is seen by Conservatives as harmful to the country’s economic and…

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261  Billion

Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Source CryptoX Portal

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261 Billion

Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Original

Cup-and-Handle Pattern Signals Altseason Is Ready For Launch

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Saylor signals impending Bitcoin purchase following Q1 earnings call

Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company. The company’s most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company’s total holdings to 553,555 BTC. According to data from SaylorTracker, Strategy is up approximately 39% on its investment, representing over $15 billion in unrealized gains. Strategy’s history of Bitcoin acquisition. Source: SaylorTracker Bitcoin investors continue closely monitoring the company, which has been…

Coinbase Pursues US Staking Rights, Saylor Calls Bitcoin a ‘Historic Entry Point,’ and More — Week in Review

Coinbase pursues U.S. staking rights, Saylor calls Bitcoin a “historic entry point,” Bitcoin’s bull run reloads, and more in this Week in Review. Week in Review Coinbase is battling regulatory setbacks in four U.S. states that have blocked $90 million in staking rewards. Meanwhile, Strategy continues its aggressive bitcoin acquisition strategy, calling the current moment […] Original

Cryptocurrencies to watch this week: Immutable, Ethena, IOTA

Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over $3 trillion.  The main catalyst for Bitcoin (BTC) and other altcoins this week will be the Federal Reserve interest rate decision on Wednesday. Signs that the Fed will cut rates three times this year will help boost crypto prices. The other potential catalyst will be signs that the US and China are talking on ending the ongoing trade war. Some cryptocurrencies like Immutable (IMX), Ethena (ENA),…

How to set up stop-loss and take-profit orders

Key takeaways Bitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains. Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges. In the algorithm era and bot pestering, proper trading tools like stop-loss and take-profit orders will help you protect your trades. Setting up advanced BTC trading strategies doesn’t guarantee a successful risk management plan. Monitoring the market regularly helps you understand current conditions. This way,…

Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is ready to pump thanks to strong technical indicators and ecosystem support. The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K…