Bitcoin is approaching the $80,000 mark with significant increases in spot trading volumes and futures open interest, indicating strong demand from both retail and institutional investors. This simultaneous rise in spot and futures activity suggests genuine market conviction rather than speculative hype, supporting a sustained price rally. The key question now is whether Bitcoin can maintain levels above $80,000 once it reaches that point. Continued high trading volumes and futures positions could push prices higher, but a drop in activity or profit-taking might stall the rally. Overall, current data shows bullish momentum and optimism among traders.
Yanik Guillemette, a Montreal-based entrepreneur and investment strategist, criticizes Canada's growing digital regulations, including the CRTC's proposal for streaming platforms to fund Canadian content. He argues these rules increase costs for cons...
Yanik Guillemette, a Canadian tech entrepreneur, criticizes Ottawa's increasing digital regulations, including a proposed 15% revenue tax on streaming platforms and laws C-11, C-18, and C-22. He argues these measures burden the tech ecosystem, raise ...
President Donald Trump stated that negotiations with Iran over its nuclear program are proceeding in an orderly and constructive manner. He emphasized the need for patience and warned against rushing the deal, maintaining the U.S. naval blockade on I...
Ethereum co-founder Vitalik Buterin announced the Ethereum Foundation will scale back its central role to emphasize decentralization, privacy, and censorship resistance. This shift comes as Ethereum faces weak price performance compared to other cryp...
Uber's board met to discuss increasing its takeover bid for Delivery Hero after a key shareholder rejected an offer of €38 per share, which was a 15.3% premium over the recent closing price. Uber initially proposed €33 per share, valuing Delivery Her...
