Ottawa pizzeria places among top 20 deep-dish pizzas in the world at international competition
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.
Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.
Its peers have fared worse recently. Ethereum, which is the world's second most valuable cryptocurency, fell almost 8% in the last 24 hours, and is now trading at around $2,895, according to CoinDesk. It is down almost 20% since the start of January.
Investors have been getting jittery about digital currencies and other riskier assets ever since the US Federal Reserve signaled it may unwind economic stimulus more aggressively than expected.
Governments are cracking down as well. On Thursday, Reuters reported that Russia's central bank has proposed a ban on crypto use and mining. Russia is one of the biggest crypto-mining nations in the world, but its central bank said that digital currencies can pose a threat to the country's financial stability.
The Russian proposal comes just a few months after China launched a full-scale clampdown on cryptocurrency, banning both trading and mining.
Other countries are also flirting with a ban on crypto. In November, India said it was preparing to introduce a bill that would regulate digital currencies, although much is still unknown about that proposal. Earlier this week, India's prime minister Narendra Modi said that global cooperation is needed to tackle problems posed by crytocurrencies.
However, not everyone is pessimistic. Goldman Sachs said that the price of bitcoin could reach more than $100,000 within the next five years. In a report published earlier this month, the bank's analysts said they saw strong gains ahead because bitcoin would increasingly steal market share from gold.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
This Mother's Day Weekend, take a look at some of the most emotional movies inspired by moms.
Police are searching for a suspect in a homicide investigation after a man was slashed in downtown Toronto on Sunday.
Health Canada announced various product recalls this week, including electric adapters, armchairs, cannabis edibles and vehicle components.
Russia’s President Vladimir Putin began a Cabinet shakeup on Sunday, proposing the replacement of Sergei Shoigu as defence minister as he begins his fifth term in office.
There were some scary moments for several people on a northern Ontario highway caught on video Thursday after a chain reaction following a truck fire.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.