But given the man seems more than willing to open up the wallet to push firms to do their part in achieving renewable energy goals, the Biden administration’s proposal could set a new standard that ought to be followed. You don’t need to risk your shirt on a capital-intensive EV maker to capitalize on one […]
After an impressive start to 2021 that saw the stock rally 180%, the upward momentum has cooled off, and the stock has pulled back. However, shareholders might want to consider if it makes more sense to simply buy the underlying token rather than HIVE stock. Crypto miners such as Hive Blockchain are leveraged to the […]
Now, major cryptocurrencies like Bitcoin and Ethereum are available directly on trading platforms, investors can buy exchange-traded funds and non-mining companies have listed on the stock exchange. While the stock has gone lower, it is still up by more than 50% year to date. As one of the largest and most cost-effective crypto mining operations, […]
Accordingly, any such stock with the potential for double-digit swings on a daily basis is one I want to avoid right now. That pretty much sums up my volatility argument from before. Accordingly, long-term investors may be enticed to buy the dip with these volatile options right now. However, I’d like to reiterate that investing […]
Hexo’s primary business is to cultivate, process, package, and distribute cannabis in order to serve these markets, which it currently does through the company’s 143-acre facility in Gatineau, Québec. The company’s overall strategy is to establish a top global cannabis company with a leading market share in Canada. The company is focused on profitability and […]
Indeed, it appears that there has never been a better time to jump into cannabis stocks, for those willing to speculate on these growth plays. It states that at least one in five Canadians consumed cannabis in the last three months, which is a striking 14% rise in reported use after legalization in October 2018. […]
Its successful rise can be attributed to a few factors, most significant of which would be institutional investors’ attention and the culture of HODLing. Bitcoin is still substantially high compared to what it was last year, and for people who bought it when it was still trading at a four-digit price, it’s an amazing time […]
After a year of growth in 2020 for many tech stocks, investors want that same rush they got last year. Even still, it looks like the future is headed that way. Ballard Power hopes to become the go-to for trucking, municipal transit buses, railways, and shipping in the new EV age. But that investment has […]
Canadian investors looking to make a lot of cash in a short period have shown great interest in Bitcoin stocks and Air Canada . But here at the Motley Fool, we recommend long-term investing. On the one hand, if you’re using your Tax-Free Savings Account to consider buying into Bitcoin today, you’re pretty much out of […]
The widespread adoption of digital currencies, as well as the rise in institutional investments, have driven these exponential gains. The company reported revenue growth of 844% year over year in Q1, as sales surged to US$1.8 billion, compared to its prior-year revenue of just US$191 million. In the March quarter, Coinbase has forecast adjusted EBITDA […]
Whether investors like Warren Buffett want to admit it or not, it looks like this is the future. If you’re having trouble saving money in the first place, let’s start with the basics. If you make $50,000 per year, suddenly you’ll have $5,000 to invest by the end of the year! Now that’s fast cash. […]
Just when you thought it was safe to own Bitcoin amid its recent calm, the cryptocurrency proceeds to plunge over 20% in what seemed like an instant. People, especially young people like millennials, view Bitcoin and other cryptocurrencies such as Dogecoin as the new gold. While Bitcoin and the like have been around for over […]
The cryptocurrency craze is back due to the impressive rally of the world’s most popular digital currency in 2021. BTC’s plunge and that of other digital currencies wiped off over US$200 billion of the cryptocurrency market’s value. Despite the entry of more institutional investors, BTC is a high-risk investment in the eyes of many. Due […]
If Bitcoin were a national currency, it would be the third largest in the world right now. Here are two reasons why I own more Ether than BTC and why I believe the smaller rival will outperform over the long run. Its value has been trading independent of the rest of the economy and capital […]
This growth was driven in product sales of 1.4 million units and a rise in provincial orders of 8%, despite falling sales in the first two months of the quarter. There’s speculation building that Valens could use this capital to expand into the United States. These Cannabis 2.0 products span a range of value-added products, […]
But I do agree there is no harm in putting a very small fraction of your portfolio in BTC for the sake of diversification. Hence, you can’t hold it in your stock trading account nor buy it through the tax savings account. This can give you exposure to BTC and save you from taxes if […]
Canopy Growth is one of the largest Canadian cannabis companies that led the charge, as the legalization boom took place. At its current price, many investors might have good reasons to consider it a good entry point for massive upside potential. The country’s adoption of cannabis was slow at the start but has recently picked […]
Are you planning to invest in Bitcoin anytime soon? I’m not surprised that many people are itching to venture into the cryptocurrency space. Those who invested on December 31, 2020, are winning by 88% — a remarkable year-to-date gain. They say it makes more sense to invest in BTC today, because more institutional investors are […]
Traders are calling it “Doge day.” Unfortunately, for Dogecoin long haulers, I don’t think the meme token will exist in three years, let alone double. Just because the page was turned on the quarter doesn’t we’ve seen the last of these rotations or peak rates. While there are too many variables to place an estimate […]
Just recently, it reached a disclosure deal with Coinsquare that forced the company to hand over user information to CRA agents. If you invest in cryptocurrency, you probably know by now that you have to pay taxes on realized gains. So, thanks to the CRA’s tax treatment of crypto gains, you will pay much less […]