Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran 
peace deal seemed to fade and oil prices spiked.

Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked.

Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade

Robinhood Markets has closed its acquisition of WonderFi, a Canadian leader in 
digital asset products and services, marking the US trading platform&#8217;s formal 
entry into Canada and pushing its total international funded customer base 
past 1 million for the first time, per the company&#8217;s official announcement on 
June 1, 2026. Related Reading: The Bitcoin Retracement Rally And The 
Resistance Level That Could End It All WonderFi operates two of Canada&#8217;s 
longest-standing regulated crypto platforms — Bitbuy and Coinsquare — both of 
which will now carry the Robinhood brand. The approximately 300,000 funded 
customers already using those platforms transfer directly into Robinhood&#8217;s 
ecosystem, per the announcement, representing one of the more meaningful 
immediate user acquisitions any crypto-facing platform has made through an M&amp;A 
transaction in recent memory. BTC&#8217;s price trends to the downside on the daily 
chart, Source: BTCUSD on Tradingview What Canadian Users Get For Canadian 
customers, the Robinhood acquisition delivers a concrete upgrade on cost and 
experience. Under the new structure, users will be invited to download the 
Robinhood app, gaining access to a flat 0.5% fee per CAD trade — a pricing 
model Robinhood describes as lower than existing market rates — alongside 
Robinhood&#8217;s consumer interface and its globally scaled platform 
infrastructure, per the official announcement. WonderFi&#8217;s existing 
institutional relationships in Canada will be maintained under Robinhood&#8217;s 
ownership, with the company stating it will continue building on those 
partnerships alongside the institutional business it has already established 
through Bitstamp, the European exchange Robinhood acquired in 2023, per the 
press release. Johann Kerbrat, SVP and General Manager of Robinhood Crypto and 
International, said in the announcement that WonderFi&#8217;s extensive experience 
operating regulated crypto platforms — serving both beginner and advanced 
users — made it an ideal partner to accelerate Robinhood&#8217;s mission in Canada. 
A Global Expansion Play With Real Infrastructure The WonderFi deal is not 
Robinhood&#8217;s first international move but it is among its most structurally 
complete. Rather than building a Canadian regulatory presence from scratch, 
Robinhood acquired two established licensed platforms with existing user 
bases, compliance frameworks, and institutional relationships — a considerably 
faster path to meaningful market presence than organic entry would have 
allowed. Related Reading: Binance Unveils Trading Access To Over 7,000 US 
Stocks, ETFs—And Adds A New Tokenization Plan The Canadian headquarters 
Robinhood established in Toronto in 2024 as an engineering hub now sits 
alongside more than 240 employees based in the country — a workforce that, 
combined with WonderFi staff, gives Robinhood a substantial operational 
footprint north of the border from day one, per the announcement. This 
development marks a pivotal moment for the nascent sector&#8217;s consolidation 
phase in North America. Robinhood entering Canada through a regulated 
acquisition — not a gray-area expansion — reflects the same institutional 
playbook reshaping crypto exchange ownership in South Korea and Europe 
simultaneously: established financial platforms acquiring regulated local 
infrastructure rather than testing regulatory limits from the outside. Cover 
image from ChatGPT, BTCUSD chart from Tradingview

Robinhood Markets has closed its acquisition of WonderFi, a Canadian leader in digital asset products and services, marking the US trading platform&#8217;s formal entry into Canada and pushing its total international funded customer base past 1 million for the first time, per the company&#8217;s official announcement on June 1, 2026. Related Reading: The Bitcoin Retracement &#8230;

Robinhood Just Acquired Canada’s Biggest Crypto Platform — And Brought 300,000 New Customers With It

Cloud mining gains popularity in 2026 as platforms like AJC Mining lower 
barriers to Bitcoin mining participation. As the cryptocurrency industry 
continues to develop, traditional crypto mining is no longer suitable for most 
ordinary users. In the past, anyone who…

Cloud mining gains popularity in 2026 as platforms like AJC Mining lower barriers to Bitcoin mining participation. As the cryptocurrency industry continues to develop, traditional crypto mining is no longer suitable for most ordinary users. In the past, anyone who…

Cloud Mining platform review: 10 leading Bitcoin cloud mining platforms of 2026

Mt. Gox moved $739 million in Bitcoin for the first time since March, raising 
speculation about imminent creditor distributions.

Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.

Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham

Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out 
$4,000 in value over 48 hours and temporarily pushing its market cap below 
$1.4 trillion. Massive Liquidations Rock Crypto Traders Bitcoin ( BTC) 
continued to plunge Tuesday morning, dropping below $70,000 as the fallout 
from Strategy’s sale of 32 bitcoins continued to rock […]

Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out $4,000 in value over 48 hours and temporarily pushing its market cap below $1.4 trillion. Massive Liquidations Rock Crypto Traders Bitcoin ( BTC) continued to plunge Tuesday morning, dropping below $70,000 as the fallout from Strategy’s sale of 32 bitcoins continued to rock &#8230;

Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000

XRP trades near $1.26 as RSI nears oversold levels, MACD stays bearish and 
whale withdrawals from Binance hit a 2021 low.

XRP trades near $1.26 as RSI nears oversold levels, MACD stays bearish and whale withdrawals from Binance hit a 2021 low.

Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade

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