Bitcoin is on an astounding run, it is up over 30% since the new year, has set a new all-time high every week since Christmas and traded above $50,000 CAD for the first time today!
Can you believe it? Its launch time!
The world’s premier cryptocurrency has a year to date gain of over 30% in the first six days of 2021.
This year’s performance comes on the heels of a 300% gain that Bitcoin saw in 2020, presumably driven by a windfall of institutional investors.
“We are certainly excited with these market conditions, but the most important part is that the Canadian Crypto community is growing – participation is adoption and we are seeing a lot more people getting involved.”
– Andrei Poliakov, CEO
The total cryptocurrency market capitalization surpassed $1 Trillion USD, another first-time event, further propelling the digital asset class into the eyes of traditional finance.
This wave of activity comes just days after submitting our final application to become a registered securities dealer with the Ontario Securities Commission (OSC) and most recently partnering with Gemini Trust for custodial services and announcing an acquisition of a financial institution bond by Lloyd’s of London.
Coinberry is excited to be growing with the Crypto community and serving Canadians with a best-in-class digital asset platform and customer experience.
Happy trading in 2021!