Adam Forsyth

Robinhood set to close WonderFi deal after Canadian regulatory approval

Robinhood has secured final Canadian regulatory approval for its planned acquisition of WonderFi, allowing the C$250 million deal to move toward a June 1 closing date. Summary Robinhood has received final Canadian regulatory approval for its C$250 million acquisition of WonderFi, with both companies targeting a June 1 close.  WonderFi’s regulated crypto businesses, including Bitbuy…

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Is the Peace Deal Off?

Bitcoin has taken a minor dip as the US resumed airstrikes on Iran despite hopes of a de-escalation. Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday. The move followed reports that the United States had resumed strikes on Southern Iran, targeting missile sites…

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