Coin News

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The downturn for Aphria (NYSE:APHA,TSX:APHA) continued on Tuesday (December 4) as the company combated allegations raised in a short seller report. The Canadian cannabis licensed producer issued a new response and offered a closer look into the assets being called into question by the short sellers. Despite the update, shares of Aphria on the Toronto […]

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Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $ 3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $ […]

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Following the resignation of Attorney General Jeff Sessions on Wednesday (November 7)–the biggest voice against marijuana inside the Trump administration–pot stocks shot up. Sessions, a vehement advocate against the cannabis industry, was sacked following increasing tension between the former Attorney General and President Donald Trump. In his place Matthew Whitaker, chief of staff to the […]

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Gold retreated slightly on Friday (November 2) on the back of a stronger-than-expected October US jobs report, while silver was not effected by the results and posted gains for the second day in a row. As of 9:25 a.m. EST, the yellow metal was trading at US$ 1,232.00 per ounce, a slip from the gains […]

Crypto exchange Coinbase is now valued at over $ 8 billion after it closed a new $ 300 million funding round. The US exchange held a Series E investment last week. Coinbase Funding will Enhance Growth Coinbase is one of the world’s largest exchanges by trading volume, and it has been at the fore of […]

Coinmarketcap.com has a new listing in its top 100. As of Sunday, Ravencoin has been occupying the 58th spot thanks to a Binance listing and has sustained a growth of 118% since that announcement. Within ten days, the coin has grown its market cap from $ 212,000 to $ 49 million! This is a rather […]

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Ripple (XRP) is making a dashing comeback this morning after the crypto market lost over $ 20 billion in value this week. Many of the other cryptocurrencies in the top 20 were seeing double-digit losses yesterday, as investors began dumping their digital assets. Now it seems most are making a comeback and XRP is leading […]

LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors.  As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the […]

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The S&P/TSX Composite Index (INDEXTSI:OSPTX) was lower at open on Friday (September 28), down 45.94 points from the previous day at 16,158.68. Fear that Canada would be left out of a trade deal between Mexico and the US weighed on the exchange. Concerns over a NAFTA deal that would be absent of Canada overshadowed stronger-than-anticipated […]

After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the third interest rate hike for 2018 on Wednesday (September 26). The Fed, led by Chairman Jerome Powell, lifted the target federal funds rate by 25 basis points from 2 percent to 2.25 percent, causing the US dollar to once again […]

After a battle spanning nearly a decade, the Tax Court of Canada has ruled in favor of uranium producer Cameco (TSX:CCO,NYSE:CCJ). At issue was the reassessment of company tax returns from the 2003, 2005 and 2006 calendar years. The case was first launched by Canada Revenue Agency (CRA) in 2008. The CRA had taken issue […]

After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the third interest rate hike of the year on Wednesday (September 26). The Fed lifted the target federal funds rate by 25 basis points from 2 percent to 2.25 percent, leaving gold virtually unchanged from its decline prior to the hike […]

Well is anyone truly surprised that last week’s crypto bull-run is over? There are cryptos in red today across the board. About 95% of the coinmarketcap.com’s top 100 list to be more precise, but we’re interested in the real losers. The top dog’s who are also today’s top losers, including Ethereum (ETH), Stellar (XLM), and Ripple (XRP). […]

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Ripple (XRP) received a serious boost this morning after news broke that Ripple Labs’ xRapid project could debut in the next month, or so. Ripple (XRP) and xRapid Sagar Sarbhai, head of regulatory affairs at Ripple, spoke to CNBC yesterday and confirmed positive movement on its xRapid platform. “I am very confident that in the […]

Toronto-based RNC Minerals (TSX:RNX) has discovered 9,000 ounces of high-grade gold at its Beta Hunt mine, causing a retraction from exclusive discussions with a preferred bidder for the Western Australian mine, the company announced on Sunday (September 9). RNC announced that it had produced 9,250 ounces of high-grade gold from a 44 cubic meter cut […]

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The gold price rebounded on Friday (August 24) after US Federal Reserve Chairman Jerome Powell said gradual interest rate hikes remain appropriate as the US economy continues its strong performance. Speaking at a research symposium in Jackson Hole, he added that he was prepared to do “whatever it takes” if inflation becomes unanchored to the […]

JD.com has been busy today. On Friday, the Chinese e-commerce company rolled out two new products: a JD.com blockchain platform and a JD.com app. The latter is the platform’s first use case. Here’s what we know.  JD.com Blockchain Platform: Officially Live  Today, JD.com posted a press release, which stated that the company had not only created […]

Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected. But why? Is XRP’s activity Wednesday linked to the Ripple lawsuit? Or is there another catalyst that’s helping the price? Suit Denied, Ripple Price Correcting: August 15, 2018 Ripple Labs has been […]

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $ 225 billion, which is $ 75 billion lower than what it was just two weeks […]

Both gold and silver ticked up on Friday (July 20) after the greenback fell on the heels of US President Donald Trump expressing concern over the US dollar’s strength, and about interest rate increases made by the US Federal Reserve.   As of 9:36 a.m. EST, gold was trading at US$ 1,229.40 per ounce, down […]

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