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Unbeatable Boxing Day Deals in Canada 2024: Shop the Best Sales from Top Retailers!

Boxing Day 2024 is here, and it's time to shop the year's best deals across Canada!  From tech gadgets to winter apparel, major retailers like Amazon, Best Buy, Walmart, and more are offering incredible discounts. Whether you missed out on a Christmas gift or need to stock up on essentials, this is your chance to score big savings. Amazon Canada is leading the charge with discounts of over 70% on a wide range of products, including must-have tech, personal care essentials, and small kitchen appliances. Best Buy Canada is also offering substantial savings on smartwatches, 4K TVs, laptops, and more. Walmart Canada has deals on top brands like PlayStation, Apple, and LG, with savings up to 60%. For fashion enthusiasts, adidas is offering up to 60% off on sneakers and apparel, while Abercrombie & Fitch** has up to 30% off select styles.  Coach Outlet is providing up to 70% off on must-have bags and wallets. Don't miss out on these amazing deals! Start your new year off on t...

Bitcoin Surges to New Heights Before Swift Retreat

 

In a thrilling rollercoaster ride, Bitcoin recently scaled dizzying heights, briefly touching an all-time high of over US$69,000. However, the euphoria was short-lived as the cryptocurrency swiftly retreated, shedding thousands of dollars within hours.

The Record-Breaking Moment:

  • Historic High: On Tuesday, Bitcoin achieved a milestone by surpassing its previous peak from November 2021. Back then, it had soared before plummeting below US$17,000 due to rising interest rates and the collapse of major crypto exchange FTX.
  • ETFs Fueling Momentum: The debut of Bitcoin-focused exchange-traded funds (ETFs) in the U.S. has been a game-changer. These ETFs provide an accessible avenue for investors who want exposure to Bitcoin without the complexities of crypto wallets or centralized exchanges. The influx of institutional buyers has also contributed to the recent surge.
  • Resilience and Staying Power: Despite being declared “dead” multiple times, Bitcoin continues to defy setbacks. Its resilience has caught the attention of institutions worldwide, making it increasingly difficult to ignore.

Market Dynamics:

  • Institutional Interest: Notably, more institutional players are entering the crypto arena, drawn by the allure of digital assets.
  • WonderFi’s Surge: Toronto-based WonderFi, owner of Coinsquare, witnessed a staggering 300% increase in trading volumes as Bitcoin’s price soared to a record high in Canadian dollars last week.

As we navigate this volatile landscape, all eyes remain on Bitcoin’s next move. Will it reclaim its throne or face another twist in the crypto saga? Only time will tell.


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