The Bitbuy Brief: Bitbuy Joins the Crypto Bowl?

Issue #171: Bitbuy Joins the Crypto Bowl?

February 10th, 2022

Weekly Market Recap
Big week for crypto.

All coins on Bitbuy had double-digit price increases.

It’s nice to see all that green, again!

On the daily charts, Bitcoin price has broken above the 50 EMA and above a recent $55K CAD resistance level.

If it keeps going up, we should see a Golden Cross on the 50 and 200 EMAs. Traditionally signifying a Bull market.

The Bitcoin maximalists on Twitter are suggesting Bitcoin is finally decoupling from traditional markets.

Some may dispute it. Especially since we saw the Bitcoin price wick down 3% after this morning’s inflation news.

And if you’re interested, here’s another bullish analysis on Ethereum to check out.

If you’re looking to trade the latest market moves, click here to access your account.

Crypto in The News

Welcome to the Crypto Super Bowl – CNN Business

Bitcoin and Ethereum rebound signals ‘crypto winter’ thaw – Fortune

Bitcoin rises to its highest level in a month, bouncing from January lows – CNBC

Tesla says it held nearly $2 billion worth of bitcoin at the end of 2021 – CNBC

What Can You Actually Do in the Metaverse in 2022? – CoinDesk

“You can buy a house in the metaverse for $15,000”: This guy is the CEO of a company paying millions for virtual real estate – Toronto Life

The Crypto Bowl?

NBC has announced that all their commercial inventory for this year’s Super Bowl has sold out with the network asking up to a record $7 million USD per 30-second spot.

Coinbase, FTX, eToro, and will all be vying for the attention of Super Bowl watchers into what is now being labeled ‘The Crypto Bowl’ in the United States.

Up here things look much different. CTV and TSN are broadcasting the Super Bowl but only registered crypto exchanges are allowed to advertise which leaves the foreign exchanges out in the cold.

Bitbuy, on the other hand, is registered and will be the first crypto platform in Canada to advertise in the big game!

Immediately after becoming registered on November 30th, Bitbuy took advantage of its newfound advertising freedom by setting its sights on the Super Bowl. And just two days later, the company officially signed Kyle Lowry to be its official Brand Ambassador.

Lowry’s first duty – star in Bitbuy’s new Super Bowl commercial

Watch the Super Bowl ad here!

Check out a special Bitbuy ‘Bonus’ Brief coming out tomorrow with more details on Bitbuy’s partnership with Lowry, the Super Bowl commercial, and more!

Canadian Real Estate Investment Summit Invite

Big invite!

The Canadian Real Estate Investment Summit is happening on March 5th, virtually.
Bitbuy’s COO Jordan Anderson is talking Bitcoin and alternative asset classes.

You may remember him from our New Year’s Eve email, Bitbuy pics, and videos plus many appearances on crypto-related podcasts.

He is a true OG of the Canadian Crypto Community, wicked smart, and an all-around solid dude.

If you’re interested in listening to what Jordan has to say (I know I am) or the 7 other speakers covering a wide range of topics just click on the link below to find out more…

Take Me To The Topics Lineup

Bitbuy’s Canadian Cryptocurrency Tax Guide For 2022

I hear two things are certain in our lives – Death and Taxes. Bitbuy can’t solve either. But, we can potentially help make your 2022 tax situation a little clearer. Hence why we created our Canadian Tax Guide for 2022.

So, give it a read when you have a minute.

Check Out The Tax Guide