This Week In Crypto — 11/30
In our 24/7 news cycle, it can be hard to keep up.
Particularly with a space as energetic and fluid as crypto.
Fortunately, we’ve got your back. We’ll be covering the most important happenings in the Canadian and crypto communities for you, all in 5 minutes or less each week.
1 — Bitcoin Price Jumps 15%
Crypto prices have been jumping around quite a bit lately. This week, we saw the price of Bitcoin jump up 15%, restoring over $20 billion in value to the crypto market. Many other coins followed suit with this rise.
2 — Nasdaq Set to Launch Crypto Features
Nasdaq, the second largest stock exchange in the world, is continuing forward with plans to introduce bitcoin futures and as well as additional crypto-specific features. The New York Stock Exchange also has plan for their own crypto features, continuing to demonstrate the interest of the traditional financial sector in this burgeoning space.
3 — Canadian Jewelry Company Birks to Accept Bitcoin
One of the oldest jewelry companies in Canada is starting to accept Bitcoin payments in 8 of its stores. This also marks the first major installation of Bitpay’s PoS solution in Canada.
4 — Canadian Company Using Mining to Heat Buildings
Heatmine, a Canadian crypto startup, is using their mining operations to help heat buildings in Quebec. They’ve already tested their equipment on churches and greenhouses, and are now looking for more buildings to operate in.
5 — Globe and Mail Overview of Decentral CEO Anthony Di Iorio
The Globe and Mail released a detailed overview of Ethereum Co-Founder and Decentral CEO Anthony Di Iorio this week. The piece highlights recent developments in the cryptocurrency markets, how he sees the space evolving, and the role of wealth and presentation in the cryptoverse.
There you have it, this week in Canadian crypto. We’ll be back next week, to help keep you on your game.
In the meantime — happy trading!
— The Coinberry Crew 🍓
