News

Crypto is broadly selling off this week, which is a bit of surprise to pundits since there has been some positive news as of late.

It’s the original digital currency, created in 2009 by an unknown person (or persons) under the pseudonym Satoshi Nakamoto. While we know almost nothing about Nakamoto, Bitcoin’s meteoric rise and enduring relevance is no mystery.

The SEC has recently denied 9 Bitcoin ETF proposals, as it wants greater controls on market manipulation and fraud. We look at the interplay between Bitcoin "whales," investors, regulators and traders, and what it means for the future of cryptocurrency ETFs.

In this opinion piece, Goldman argues that no economy is free from the risks of human imperfection and that a ‘trustless’ system like the blockchain is needed in a free-market economy.

Crypto is continuing the second day of a broad sell-off with few exceptions.

Bitcoin finally passed the $50,000 USD, and is currently above $66,000 CAD for the first time this week.

Coming up: US based exchange Kraken makes announcements but first..

Crypto’s total market cap is currently above USD $2 Trillion for the first time since May.

Due to a recent stabilization in ETH network gas fees, we’ve lowered our mining withdrawal fee and minimum withdrawal amount for Ethereum.

We’re keeping an eye for a break from a current support level of $50K CAD and a resistance level of $55K CAD.

Bitcoin and the cryptocurrency market is up in the last 24 hours, with BTC finally breaking the key resistance level of $11,000 USD.

BTC continued to rally this week, up 7.18%. Altcoins lagged BTC, but volumes were up across the board.

We’ve added two new tradable coins to Bitbuy! You can now buy, sell, deposit and withdraw Aave and Chainlink on Bitbuy.

This week, Ethereum and other altcoins bounced back, even after the IMF reiterated more oversight is needed for crypto.

Bitcoin briefly broke above the $49K CAD resistance level only to drop 6% since then. Making it flat on the week.

This week, the story everyone is talking about is that Bitcoin reached a new all-time high.

Bitcoin continues to soar and passed $60,000 CAD for the first time this week.

This week, we saw a pullback on most top 10 coins, after touching Bitcoin all-time highs last week.

On Tuesday, The EU voted to NOT ban PoW. However, the ‘NO’ vote did not create any meaningful Bitcoin price action. Then, from 10 pm EST on Tuesday night till 11 pm, we witnessed a 5.4% Bitcoin price increase.

You may have seen the news that international platforms such as Binance, Kucoin and ByBit (no affiliation to Bitbuy) have decided to stop serving Ontario residents or other Canadians as a result of the recent announcement of a regulatory framework for crypto platforms.

This week, we saw mostly sideways movement from the top cryptocurrencies.

Crypto rallied impressively across the board this week, with EOS & ETH seeing the largest double-digit gains of all coins supported by Bitbuy.

This week, Bitcoin and other altcoins bounced back after Gary Gensler said the SEC won’t bring in a China-style crypto ban. See below for more on that.

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.

We’re moving fast, making product improvements weekly on our new upgraded system.

Crypto bounced back after a decisive pull back earlier in the week.

The market rebounded steadily today with volumes and prices jumping significantly compared to the 7-day trend.

Is AltSzn finally upon us? XRP soared to new 2021 highs, touching as high as $1.37CAD while EOS gained 24% of the 7-day trading period.

With a big drop in Bitcoin’s price, Friday brought pain to many HODLer’s.

Minimal volatility this week.

All coins on Bitbuy had double-digit price increases.

Crypto had a volatile week overall, with most major coins settling with a double-digit weekly loss on their price over the past 7-day period.

Bitcoin is down 10% on the week.The price started moving downward last Thursday evening.Eventually hitting $47,300 CAD on Monday.

Crypto saw a dip overall in the 7 day period, mostly happening in the past 48 hours.

Crypto saw modest gains across the board over the past week, with some coins such as EOS and Litecoin posting double digit gains.

Crypto again had a relatively flat week, with spot volumes well below averages we saw in May and June.

Crypto volatility continues while BTC remains steady.

Many altcoins saw decent gains through the past 7-day period.

With some exceptions, most popular cryptocurrencies are slightly down or flat across the board over the 7-day period.

Crypto is marginally lower than 24H ago across the board.

Bitbuy’s COO Jordan Anderson is talking Bitcoin and alternative asset classes.

This week, the crypto markets got lit on fire!

Everything has been increasing since last week. Except for $AAVE which had a -3.1% decrease. It saw its big move last week hitting a recent high on 03/19/2022. Bitcoin is up +3.2%. It has been on an uptrend since 03/14/2022.

Terra’s aim to back their stable coin $UST with $10B USD worth of Bitcoin could be one of the catalysts behind the price move. Bitcoin is encountering resistance around the $60K CAD level as no daily or 4-hr candle has closed above it.

It was a week of moderate up’s and down’s for the crypto market, with Bitcoin moving Thursday morning upwards and again crossing the key $60,000 USD level.

For a limited time, we’re offering 0% funding fees on Interac e-Transfer deposits!

Bitcoin and other major coins have rallied in the past 24 hours, seeing gains of 6-10% across the board.

Crypto had ups and downs this week,  with the largest decrease seen in the past 24 hours which saw most coins retrace at least 5%.

Everything is down, except for Doge!

What a week! The crypto markets stayed hot! Big week for the coins on Bitbuy.

Crypto is absolutely soaring, simply put. Bitcoin touched $20,000 CAD for the first time since early 2018 and is up 10% on the week.

We’re moving fast, making constant product improvements to give you the best possible crypto experience.

BTC is outperforming and threatening a decisive breakout at $16,000 USD ($21,000 CAD).

After weeks of flirting, Bitcoin briefly touched all-time highs on December 1st at around 9am!

Last Thursday, we started a slight downtrend – dropping 2.5% till Monday.

Bitcoin price continued to soar for the third straight week, and is hovering around $23,500 ($18K USD).

Bitcoin continued its upwards momentum back towards all-time highs.

Bitcoin and the cryptocurrency market in general has dropped sharply today, due to the news that the U.S. Department of Justice and the Commodity Futures Trading Commission (CFTC) have filed charges against crypto derivatives exchange BitMEX.

We’re excited to announce we’ve partnered with the Canadian Elite Basketball League to allow players to be paid a portion of their salaries in Bitcoin.

Transparency and trust are pillars of how Bitbuy has always operated, and we’re excited to announce we’ve just completed another transparency milestone!

Most major coins on Bitbuy are up on the 7-day period, with Bitcoin Cash leading the charge up over 16% in the past week.

We had a -5% move down last Thursday.That day, CPI data got released. Which seemed to trigger a spike in the DXY & VIX.There was also a rumour circulating of an emergency Fed rate increase which never materialized.

We witnessed a 10% market pullback by this Tuesday, with a relatively v-shaped recovery.

Crypto had a bounce back after an overall sudden drop the previous week.

It’s been a fascinating start to 2018 for Bitcoin and other cryptocurrencies. The end of 2017 saw a massive bull run that carried with it many of the major ‘altcoins'. Ripple surged after (incorrect) rumours surfaced that it was going to be...

Bitbuy's founder Adam Goldman on the Hustle Harder podcast. Adam talks about startups, entrepreneurship, creativity, burnout, conviction, and more.

The SEC has officially decided that Bitcoin and Ethereum are not to be treated as "securities." As "commodities," they do not need to be registered or follow the same regulations that companies do when they sell shares or stocks on the private market.

Cryptocurrency across the board is down slightly over a 7-day period, although coins are modestly up in the past 24 hours.

Medici Land Governance was spun out of Overstock.com to use blockchain technology to address problems with land titles and records. They announced their first government partnership with Zambia. We take a look at MLG and Overstock's history of big bets.

Digital currencies are attractive to countries with less banking and financial infrastructure. Will any countries adopt a blockchain currency soon? Venezuala, Rwanda and Switzerland may be the closest to having a cryptocurrency.

Everything is down, except Bitcoin Cash!

If you’ve been following crypto for a while, you’ve probably heard the term “smart contract”.

Learn how traders use Japanese Candlesticks to help identify price and momentum changes.

As we approach 500 crypto-focused hedge funds and VC firms, and top executives from finance and tech firms flee to build crypto companies and products, the overall cryptocurrency market is slumping. We take a look at why optimism is sky-high, when everything appears red.

The European Parliament's report urges regulators to avoid hasty bans on Bitcoin and other digital currencies. The report highlights Bitcoin and Ethereum's usefulness in smaller "monetary jurisdictions" and in nations or regions of political and economic instability.

Facebook has reversed its ban on cryptocurrency advertising. Speculation runs rampant on if the social network will soon be entering the digital currency market. Could facebook create a new bitcoin? Will they buy an exchange? We take a look.

Crypto finally saw some bullish upward movement after weeks of stagnation.

Coinbase may soon add five new coins to their trading platform: Stellar, Cardano, Basic Attention Token, Z-Cash, and 0x. They've also been approved to acquire three companies that deal with securities trading, setting the stage for Coinbase to sell security tokens.

A new phone with a blockchain-based operating system is set to be released in November. The $999 phone will have an app store, payments, messaging, and more built on top of Sirin's SRN blockchain.

As Bitcoin prices climb, we take a look at three psychological factors that are affecting investors. Why have investors, especially those with deep pockets, stayed out of virtual currencies? What do the 2013 and 2017 price explosions tell us about the psychology of traders and investors?

Clearly, financial institutions are taking notice that Bitcoin and other digital currencies are not just part of a passing trend. As these recent announcements highlight, not only are traditional financial institutions entering the digital currency market, they are entering with varying business models. This increase in capital and financial acumen has the potential to push the digital currency industry to new heights.

BlackRock, the world's largest financial asset manager, has announced that they are looking at creating a new ETF with holdings focused on blockchain technology and cryptocurrencies. We look at how this would open up the digital currency market to a huge inflow of institutional and private investor money.

In the latest Bitbuy resources article, we answer the key crypto related questions that investors are asking in 2021.

After a brief hiatus, our weekly newsletter is back. We strive to give you the best and most informative crypto content that keeps you up to date on the latest news, the market moves, and everything in between.

I wrote a piece last September titled ‘Why Our Economic Liberty Depends on the Blockchain’, providing an analysis on why I am certain distributed ledger technology is important to securing our rights under the law in the digital age.

Last week, on Wednesday July 10th, 2019, the Financial Transaction and Reports Analysis Centre of Canada FINTRAC published the long awaited final version of amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act PCMLTFA in the Canada Gazette.

Bitcoin has a scalability problem. Or does it? The Lightning network could change the game when it comes to scaling the world's most popular digital currency. How does it work and what does it mean for the crypto markets? We take a look in this article.

It's Bitcoin's 10th Birthday! To celebrate, we take a look at 10 facts about Bitcoin you may not know (with a Canadian spin!)