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Users will still be able to deposit and withdraw after the deadline, but trading will be suspended. Cryptocurrency exchange Coinbase will suspend trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users beginning August 31. In an August 17 email notice to users , Coinbase said that "we regularly monitor the assets on our exchange to ensure they meet our listing standards," and based on its review, trading of the aforementioned stablecoins will no longer be available to Canadian users starting September. However, Canadian users can still deposit and withdraw the stablecoins after the proposed deadline. In a statement, the exchange wrote: "Coinbase Canada, Inc. has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Coinbase Canada, Inc. obtains registration, it has agreed to abide by the terms of an undertaking." This is a breaking news story, and further information wil...

A single Cointelegraph Markets Pro alert delivers a triple-digit winner in 24 hours for crypto traders. Cointelegraph Markets Pro stunned traders on April 8th with a massive 379% gain from a single alert. The AI-powered crypto trading platform detects market-moving events as they happen. One of the indicators pointing to these events is the VORTECS score. On April 7th, the OG Fan Token was getting ready for a remarkable rally. OG Fan Token is a cryptocurrency created for esports clubs to interact easier with their fans. In partnership with the blockchain mobile applications Socios.com, the OG esports club powered by the CHZ token aims to enhance the sporting experience. OG’s rally this week was followed by an interest spike in fan tokens like CITY and BAR. The token was trading at $2.90 when its VORTECS score — a historical “snapshot” comparison between current and past market conditions for individual coins — rose above 75. Over the next 24 hours, OG’s price skyrocketed to $13.90. Th...

Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time. US-based cryptocurrency exchange Coinbase announced the suspension of trading for the Binance  USD (BUSD) stablecoin on March 13 via Twitter.  We have disabled trading for Binance USD (BUSD). Your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time. https://t.co/jfpCZX7UTC — Coinbase Assets (@CoinbaseAssets) March 13, 2023 On Feb 27, Coinbase cited “listing standards” as the reason behind its decision to disable trading for BUSD on March 13. The February announcement read;  We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12pm ET. According to Coinbase’s Feb 27 Twitter thread, the decision to disable trading for BUSD will apply t...

The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding "access" to the digital asset ecosystem. A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using crypto currencies. According to a statement published by Brazilian bank Banco do Brasil on Feb. 11, it is now “possible” for Brazilian taxpayers to pay their tax bill with crypto, in a joint initiative with Brazilian-based crypto firm Bitfy. It is available to Brazilian’s who have their crypto under the custody of Bitfy, which will act as a “collection partner” for the major Brazilian bank. It noted that besides the convenience it brings to customers, it makes it possible to “expand” the use and access to the digital asset ecosystem with “national coverage," with the comfort of a reputable bank providing consumer protection. Lucas Schoch, Bitfy’s founder and CEO added that the “new digital economy is a catalyst for a future full ...

The bullish market sentiment, aided by the price rebound, has also let many analysts believe that the Bitcoin price bottom is in. Bitcoin (BTC) price climbed to a four-month high above $21,000 in the third week of January, relishing trader’s hope. The market has seen the most substantial investor optimism since July due to the January BTC price rebound. According to data shared by crypto analytic firm Santiment, the trading crowd sentiment has touched its highest in six months and second highest bullish sentiment in the past 14 months. The data indicates that traders are treating Bitcoin's price rebound as a signal of a possible bigger breakout in the near future. The term "crowd/investor sentiment" describes how investors generally feel about a specific asset or financial market. It refers to the mood or tenor of a market, or the psychology of its participants, as expressed by activity and changes in the price of the asset exchanged in that market. Bitcoin weighted soc...