At the same time, #Canadian mining firm Hut 8 Mining #Corporations announced a merger with the U.S.-based Bitcoin Corp to combine their resources and weather the downturn across the industry.
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On March 28, #Canadian investment firm Galaxy Digital, operated by blockchain personality Mike Novogratz, disclosed that it had achieved a #preliminary pre-tax income of $150 million from Jan. 1, 2023, to March 24, 2023.
Also #important to watch will be Friday’s #Canadian monthly Gross Domestic Product (GDP) figure for January, expected 0.3% MoM versus -0.1% prior.
For example, the #Australian dollar has a monetary supply of $378 billion, while the #Canadian dollar has a monetary supply of $220 billion. The Indian rupee, with a monetary base of $500 billion, is the next potential target.
Jaime Leverton is a #Canadian business executive who has held leadership roles in various #technology companies,
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