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,
According to a recent post on X by U.S. President Donald Trump, the United States will impose additional tariffs if Canada follows through with its retaliatory measures. Trump warned that any tariff increase from Canada would be met with an equal or greater response from the U.S.
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
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.