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In what could be a meeting with major implications, Canada’s Prime Minister Mark Carney will meet with US President Donald Trump in Washington for the first time since his election win. Indeed, Carney confirmed that the visit will take place next week in what will be a critical moment for both leaders. The relationship between both the US and Canada took a turn in 2025 following Trump’s election win. A brewing trade war between both countries has persisted for much of the US president’s first 100 days back in office, as he has touted the potential for the North American neighbor to become the 51st state. JUST IN: Canadian Prime Minister Mark Carney to visit the US for tariff negotiations with President Trump. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: China Imports Record Amounts of Canadian Oil, Cuts US Purchases Canada’s New Prime Minister Mark Carney to Visit Washington in Critical US Meeting Since early April, the US and Canada have seen tensions r...

Donald Trump has once again struck the market with a fresh spree of tariffs. The US president has levied 25% tariffs on the European Union, followed by deploying an additional 10% tariffs on China. Minutes after the aforementioned tariff announcement, the cryptocurrency market felt the aftereffects of it, with Bitcoin plunging below $80K price levels. Are Trump’s tariff spree ideations spelling trouble for the US economy? Let’s find out. Also Read: US Car Dealership Officially Accepts Pi Coin as New Payment Option Trump’s Tariff Strategy: A Blunder or a Boon? Source: LA Times Donald Trump is currently on an aggressive tariff spree. The 47th US president is currently busy imposing tariffs on nations, levying 25% and 10% tariffs on imports from the EU and China, respectively. Trump’s tariff decision had a massive global effect, with markets tumbling down due to the rising trade war fears. At the same time, Trump has also levied taxes on Mexico and Canada, sparking issues for US auto...

Canadian cryptocurrency exchange CatalX halted operations following a suspected insider job that resulted in a “security breach.” CatalX CTS Ltd., the Canadian crypto exchange operator, said in a press release on Dec. 28 that it had suffered a “ security breach” resulting in the loss of crypto assets held on behalf of its clients. The breach, suspected to involve an employee, prompted the company to consent to a cease trade order issued by the Alberta Securities Commission, the exchange said. “Management suspects that this security breach, which may involve an employee, has resulted in the loss of a portion of the crypto assets held by the company on behalf of its clients.” CatalX You might also like: Canadians allocate over $1b in WonderFi’s two crypto exchanges As a response to the incident , CatalX has temporarily halted all crypto and fiat currency withdrawals from its platform, along with a suspension of all trading activities. T...

Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend. Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks! And let’s not forget about Bitcoin (BTC) — that digital gold is still on the rise and decoupling from Wall Street, once again proving its value proposition and prompting calls for a hedge against equity markets in the long run. This week’s Crypto Biz documents the latest developments on worldwide crypto adoption, and how banking system fears impact the crypto space. Banks turmoil and regulatory crackdowns happening worldwide have not slowed down the ongoing blending of traditional and decentralized finance (DeFi). The on-ram...