Crypto Market Amidst the current state of the cryptocurrency market, Bitcoin is currently trading at $26,350, while ETH is at $1,620, reflecting a slow summer transition into the early weeks of September in terms of price action. The Bitcoin market is currently abuzz with anticipation surrounding the potential introduction of a Bitcoin spot ETF in the United States. Notably, analysts from Bloomberg, Eric Balchunas and James Seyffart, have assigned a 75% probability to a spot Bitcoin ETF launching this year, with expectations of a 95% likelihood by the end of 2024, garnering significant industr ..read more

Crypto At the time of writing, Bitcoin is trading at $25,900 and Ethereum is trading at $1,650. Over the last week, crypto markets saw a relatively large sell off which saw Bitcoin fall by 7.33% in a single day, triggering the largest liquidation event since the collapse of FTX in November of last year. The move wiped out approximately $1 billion of long positions and came after weekly volatility reached one of its lowest points in history. A large move was expected for sometime, but the direction of the move was unclear. Following the crash, the Daily RSI, a measure of strength, was at its lo ..read more

Crypto At the time of writing, Bitcoin is trading at $30,000 USD and Ethereum is at $1,850 USD. The talk of the market over the last 2 weeks has been all about the BlackRock Bitcoin Spot ETF Filing and the wave of other ETF applications that quickly followed. Sentiment in the market seems to have turned positive, and for good reason. A Spot Bitcoin ETF would provide a way for true institutional investors to gain access to Bitcoin. Risk mandates and regulatory uncertainty have prevented them thus far.  The ETF comes at a time when the Bitcoin held on exchanges continues to fall and is at i ..read more

Crypto At the time of writing, Bitcoin is trading at $25,000 USD and Ethereum at $1,640 USD. Since we last wrote, Bitcoin has fallen slightly below its 200 week moving average, but we have yet to see the volatility outbreak that markets have been anticipating on the weekly time frame. Investors will want to see support in the $24,000 to $25,000 range if we want to see more upwards price movement.  Sentiment in the market has taken a bit of a blow in recent weeks since the SEC announced lawsuits against Binance and Coinbase claiming that each exchange has been offering unregistered securit ..read more

Stocks and cryptocurrency are both popular investment options, but they operate in very different ways. Engaging with stock exchanges is a traditional investment option, while crypto is a relatively new development that has only been around for just over a decade. So, what’s the difference? What makes each unique? What’s perfect for your investment portfolio? Ownership One of the most significant differences between the stock market and crypto is how ownership is defined. When you purchase stock in a company, you are buying a share of that company, which gives you a stake in its future profits ..read more

Crypto At the time of writing, Bitcoin is trading at $26,900 USD and Ethereum at $1,711 USD. The crypto market was range bound last week with the price of BTC not able to touch the $30,000 barrier. BTC tried twice to breach $29,000, only to be met by huge selling pressure which took its price back lower to around $27,000. Throughout the week, BTC danced between $27,000 and $28,800 a number of times without much conviction.  With BTC locked in a directionless consolidation, altcoins too suffered the same fate as prices merely drifted up and down without a clear direction over the course of ..read more

Wow, it’s tax season in Canada and everyone is talking about cryptocurrency! If you’re invested in bitcoin or other digital currencies, you’ll want to brush up on the rules and regulations when it comes to crypto taxes in the Great White North. Please note that this article is for informational purposes only and does not constitute official tax advice. For personal tax, legal, or accounting advice, we recommend consulting a registered tax professional and/or lawyer. How Is Crypto Taxed In Canada? Simply holding onto your crypto isn’t considered taxable. So, if you’re a long-term HODLer, you ca ..read more

Crypto At the time of writing, Bitcoin is trading at $24,560 USD and Ethereum at $1,686 USD. The digital asset market experienced its first significant pullback since the rally throughout January, retracing from a weekly high of $23.3k to a low of $21.5k up until yesterday, Wednesday Feb 15th. According to Glassnode, the pullback from the local high signalled a point of high unrealized profit for new buyers. As markets started this new week with renewed risk on sentiment, Bitcoin was able to reclaim $24,000 USD and make new 2023 highs. There was significant regulatory news coming out of the Un ..read more

Every Friday is a Fund-day at Coinsquare! Fund your account with a minimum of $100 and you’ll be entered to win $100 back in Bitcoin! No paperwork — just fund your account and check your email to see if you’re our weekly winner!   For other entry methods, read our terms and conditions. A chance to win every week You have a new chance to win every week! Every Friday, a new giveaway will begin. Winners will be randomly drawn on Mondays – remember to check your email! Fund your account to enter! Fund your account with $100 on Fridays and you’ll be entered to win!  For other entry m ..read more

Crypto At the time of writing, Bitcoin is trading at $23,800 USD and Ethereum at $1,676 USD. Cryptocurrencies were having a relatively quiet week up until the Federal Reserve meeting yesterday. The price of BTC was having a bit of trouble at around the $24,000 level after finding sellers twice there. However, the price is also not falling and is merely consolidating just under the $24,000 level after the Fed raised rates by only 25bps (more on that in the Macro section). ETH also had a relatively quiet week coiling between a 3% range but was able to break out to new 2023 highs after yesterday ..read more