Is it the right time to buy Shiba Inu crypto?
ScoreAs of June 2025, Shiba Inu (SHIB) holds a prominent spot in the crypto sector, currently trading at approximately $0.00001286 with daily transaction volumes exceeding $120 million. Despite a modest downward trend in recent weeks, recent technical indicators—such as a neutral RSI near 53 and mildly bullish MACD signals—suggest the groundwork for a potential rebound is taking shape. The underlying strength of SHIB is reinforced by major ecosystem developments, including the ongoing expansion of its Layer 2 network, Shibarium, and significant advances in its deflationary strategy: recent token burns have notably decreased circulating supply, underpinning a narrative of increasing scarcity. While whale activity has lessened, the project continues to benefit from a robust, proactive community and expanding DeFi integrations, positioning SHIB as a credible meme coin with growing utility. Importantly, constructive sentiment prevails across national and international analysts, who forecast an average price target near $0.00001865 in the coming months—the consensus of 32 experts. For French retail investors attentive to long-term sector innovation and market cycles, the current context provides a compelling setting to consider an allocation to SHIB, especially given the ongoing evolution toward broader functional and DeFi applications.
- ✅Growing adoption of Shibarium Layer 2 enhances speed and reduces transaction costs
- ✅Robust token burn mechanism supports long-term scarcity and deflationary pressure
- ✅Large, active community sustains project visibility and encourages ongoing development
- ✅Multi-token ecosystem enables expansion into DeFi and utility-driven applications
- ✅Consistent listing on major exchanges improves liquidity and accessibility
- ❌High price volatility typical for meme coins may affect short-term confidence
- ❌Decrease in whale activity could temporarily slow momentum despite strong fundamentals
- ✅Growing adoption of Shibarium Layer 2 enhances speed and reduces transaction costs
- ✅Robust token burn mechanism supports long-term scarcity and deflationary pressure
- ✅Large, active community sustains project visibility and encourages ongoing development
- ✅Multi-token ecosystem enables expansion into DeFi and utility-driven applications
- ✅Consistent listing on major exchanges improves liquidity and accessibility
Is it the right time to buy Shiba Inu crypto?
ScoreAs of June 2025, Shiba Inu (SHIB) holds a prominent spot in the crypto sector, currently trading at approximately $0.00001286 with daily transaction volumes exceeding $120 million. Despite a modest downward trend in recent weeks, recent technical indicators—such as a neutral RSI near 53 and mildly bullish MACD signals—suggest the groundwork for a potential rebound is taking shape. The underlying strength of SHIB is reinforced by major ecosystem developments, including the ongoing expansion of its Layer 2 network, Shibarium, and significant advances in its deflationary strategy: recent token burns have notably decreased circulating supply, underpinning a narrative of increasing scarcity. While whale activity has lessened, the project continues to benefit from a robust, proactive community and expanding DeFi integrations, positioning SHIB as a credible meme coin with growing utility. Importantly, constructive sentiment prevails across national and international analysts, who forecast an average price target near $0.00001865 in the coming months—the consensus of 32 experts. For French retail investors attentive to long-term sector innovation and market cycles, the current context provides a compelling setting to consider an allocation to SHIB, especially given the ongoing evolution toward broader functional and DeFi applications.
- ✅Growing adoption of Shibarium Layer 2 enhances speed and reduces transaction costs
- ✅Robust token burn mechanism supports long-term scarcity and deflationary pressure
- ✅Large, active community sustains project visibility and encourages ongoing development
- ✅Multi-token ecosystem enables expansion into DeFi and utility-driven applications
- ✅Consistent listing on major exchanges improves liquidity and accessibility
- ❌High price volatility typical for meme coins may affect short-term confidence
- ❌Decrease in whale activity could temporarily slow momentum despite strong fundamentals
- ✅Growing adoption of Shibarium Layer 2 enhances speed and reduces transaction costs
- ✅Robust token burn mechanism supports long-term scarcity and deflationary pressure
- ✅Large, active community sustains project visibility and encourages ongoing development
- ✅Multi-token ecosystem enables expansion into DeFi and utility-driven applications
- ✅Consistent listing on major exchanges improves liquidity and accessibility
- Shiba Inu in brief
- How much does a Shiba Inu cost?
- Our complete review of the Shiba Inu cryptocurrency
- 3. Recent Performance and Market Context
- 3. Technical Analysis
- 3. Fundamental Analysis
- 3. Investment Strategies by Horizon
- 3. Shiba Inu Price Predictions Table
- 3. Is It the Right Time to Consider Shiba Inu?
- How to buy Shiba Inu?
- Our 7 tips for buying Shiba Inu
- The latest news about the Shiba Inu
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the trajectory of the Shiba Inu cryptocurrency for over three years. Every month, hundreds of thousands of users across Canada trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased Shiba Inu nor received compensation from entities associated with its ecosystem.
Shiba Inu in brief
| Indicator | Value | Analysis |
|---|---|---|
| 🌐 Origin blockchain | Ethereum (ERC-20), Shibarium (L2) | Built on Ethereum, with its own Layer 2 (Shibarium) since 2023. |
| 💼 Project type | Meme Token, DeFi, Layer 2 | Meme coin evolving into DeFi and Layer 2 infrastructure. |
| 🏛️ Creation date | August 2020 | Launched as a meme coin, gaining rapid ecosystem development. |
| 🏢 Market capitalization | $7.60–7.68 billion USD | Remains in the global top 20 cryptocurrencies by market cap. |
| 📊 Market cap rank | 13–15th (as of June 2025) | Consistently ranked among leading altcoins in capitalization. |
| 📈 24h trading volume | $121–125 million USD | High liquidity and active trading across major global exchanges. |
| 💹 Circulating token supply | ~589 trillion SHIB | Vast supply, but ongoing token burns aim to increase scarcity. |
| 💡 Main purpose | Decentralized ecosystem, community-driven utility | Transitioning from meme coin to a full DeFi and utility platform. |
How much does a Shiba Inu cost?
The price of Shiba Inu is down this week. As of now, SHIB trades at CA$0.00001760, with a 24-hour decrease of 2.52% and a continued bearish trend over the past seven days. Its market capitalization stands at approximately CA$10.38 billion, ranking 13th among all cryptocurrencies, while the average daily trading volume over the last three months reaches CA$170 million. There are currently about 589 trillion SHIB in circulation, representing a market dominance of 0.41%. Despite recent volatility, Shiba Inu’s popularity and vibrant community keep it on the radar for Canadian investors watching for both short-term fluctuations and long-term growth potential.
Our complete review of the Shiba Inu cryptocurrency
Have recent price dynamics and on-chain shifts around Shiba Inu (SHIB) reached an inflection point for long-term investors? By synthesizing multi-year performance, proprietary algorithmic signals, and real-time blockchain analytics, we've dissected both the macro environment and SHIB’s evolving ecosystem. So, why could Shiba Inu present a renewed, strategically timed entry into the meme and DeFi landscape in 2025 – and what high-conviction factors should market participants be watching?
3. Recent Performance and Market Context
4. Recent Price Evolution
Since early 2022, Shiba Inu (SHIB) has experienced pronounced volatility indicative of the broader meme coin segment, yet it has consistently defended its place among the top decentralized assets. As of June 2025, SHIB is trading at $0.00001286, with a market cap straddling $7.60–7.68 billion USD. Short-term action has been bearish: a –2.52% move over 24 hours and a nearly –5% drop month-on-month highlight the current market hesitancy, although the broader context reveals important pockets of resilience.
4. Positive Recent Events
- Shibarium Adoption: The launch and continuous iterations of Shiba Inu’s Layer 2 network have catalyzed faster, cheaper transactions, directly enhancing its DeFi positioning.
- Aggressive Token Burn Mechanism: January 2025 saw a symbolic 1 billion SHIB burn, while recent days brought surges of over 5,000% in daily burn rates, contributing to a powerful deflationary narrative.
- Community Endurance: While whale activity temporarily retreated, the Shiba Inu community remains unrivaled in the meme coin arena, underpinning both liquidity and organic demand.
4. Macro and Sectoral Tailwinds
- Increasing institutional acceptance of DeFi primitives, improving risk-on appetite.
- Regional regulatory clarifications in Canada and the U.S., which though not directly referencing SHIB, have lessened legal overhang on large-cap tokens and supported centralized and DeFi exchange volumes.
3. Technical Analysis
4. Key Crypto Indicators
- RSI (Relative Strength Index): At 52.72, SHIB’s RSI is staging a return towards bullish territory, suggesting sellers are relinquishing control and buyers may retest higher ground.
- MACD (Moving Average Convergence Divergence): Mildly bullish crossovers hint at a possible inflection toward positive momentum.
- Moving Averages: While the token is below all major EMAs (short, mid and long-term), an imminent retest of the 50-day SMA ($0.00001332) could generate renewed short-term traction.
4. Robust Support, Bullish Reversal Setups
- Support Zone: The $0.000013 threshold continues to act as a psychological and technical anchor, having absorbed persistent selling episodes.
- Resistance: Next key battle is at $0.00001450 (100 EMA). A solid breakout above this can validate a sustained reversal.
- The current triangle formation strongly suggests volatility compression ahead; historically within SHIB and similar assets, such patterns have foreshadowed outsized breakouts.
4. Short/Mid-Term Structure
- Short-term positioning offers asymmetric upside, as momentum signals begin to align with emerging network growth metrics.
- Medium-term thesis: Further advancements in Shibarium, alongside tokenomics tightening via burning, could drive outsized returns if broader crypto sentiment holds.
3. Fundamental Analysis
4. Expanding Adoption and Strategic Partnerships
- Shibarium Rollout Impact: Since its 2023 mainnet debut, Shibarium has not only slashed transaction costs but anchored SHIB’s relevance as DeFi infrastructure – a rare feat across meme assets.
- DeFi and Ecosystem Utility: Integration of LEASH and BONE (sibling tokens) cements an evolving, multi-asset approach – broadening utility beyond speculation into more functional use-cases, favorably positioning the token for future DeFi/NFT integrations.
- Partnerships and Listings: Ubiquitous listing across Tier-1 exchanges continues to buttress both liquidity and ease of acquisition globally.
4. Attractive Valuation Metrics
- Market Cap–TVL Dynamics: Despite its meme coin roots, SHIB’s market cap remains meaningfully below the highs of 2021–2022, yet technical and adoption metrics are notably improved, resulting in a market profile that often prefaces a re-rating.
- Fully Diluted Valuation: The impact of consistent, high-volume burns means SHIB’s FDV could compress rapidly under continued network activity–setting the stage for faster price appreciation than typical large-cap tokens.
4. Structural Strength: Tech and Community
- Enterprise-Grade Development: Shibarium’s targeted Layer 2 R&D, coupled with the deployment of advanced burning mechanisms, highlights a capacity for consistent innovation.
- Community Engagement: With one of the most recognizable communities in the crypto landscape, organic grassroots activity remains a unique moat.
- Differentiation: Compared to other meme coins, Shiba Inu now occupies a hybrid role as both speculative and infrastructural asset.
4. Volume, Liquidity, and Market Position
- Trading Volume: With $121–125 million traded daily, SHIB enjoys high liquidity, vital for absorbing market shocks and enabling efficient price discovery.
- Dominance: Continues to rank within the top meme coins and high-velocity altcoins in terms of both market cap and social reach—an indicator of potential reflexivity during market upswings.
4. Positive Catalysts and Future Perspectives
- Protocol Upgrades: Planned enhancements to Shibarium, further functional integrations, and possible new DeFi primitives create a substrate for rapid ecosystem growth.
- Token Burn Acceleration: Continuous and periodically spiking burn rates tightly constrict token supply, catalyzing price shock potential.
- Favorable Regulatory Winds: Incremental regulatory clarity in North America, combined with institutional risk-on shifts, add systemic stability to the outlook.
- Expansion Into New Utility: Watch for major NFT platform partnerships or additional integration into DeFi applications—key levers for both adoption and valuation rerating.
3. Investment Strategies by Horizon
4. Short-Term
- Leverage volatility around technical retests (notably $0.00001332 and $0.00001450).
- Entry on retracements toward major support can provide an attractive risk/reward ratio, especially if macro strength persists and burn rates accelerate.
- Approaching protocol updates or burn events often yield opportunity via mean-reversion and pre-announcement momentum.
4. Medium-Term
- Accumulate during consolidation phases or periods of weak whale activity, anticipating renewed engagement as major catalysts approach.
- Hold into output from Shibarium enhancements and expect possible re-rating as DeFi TVL (Total Value Locked) recovers sector-wide.
4. Long-Term
- SHIB’s low nominal price enables dollar-cost-averaging without exposure to fragmentation risk.
- Major upside potential lies in full realization of Shibarium’s scalability vision and possible cross-ecosystem partnerships (especially DeFi/NFT).
- Retaining core exposure through market cycles could unlock compounding network effects, provided that development and burn roadmap execution continue.
3. Shiba Inu Price Predictions Table
| Year | Price Projection (USD) |
|---|---|
| 2025 | 0.000016 |
| 2026 | 0.000020 |
| 2027 | 0.000024 |
| 2028 | 0.000029 |
| 2029 | 0.000034 |
3. Is It the Right Time to Consider Shiba Inu?
Shiba Inu stands on the cusp of a pronounced structural transition, underpinned by four pillars: sustained technical innovation (Shibarium), robust community drive, highly effective deflationary tokenomics, and clear positioning within both the meme and DeFi narratives. Today’s valuation—still well off all-time highs despite fundamental advances—appears to offer an excellent opportunity for new or returning investors seeking asymmetric upside potential.
With daily burn rates tightening supply, a uniquely engaged user base, and Layer 2 DeFi expansion catalyzing real-world adoption, the core fundamentals justify renewed investor interest. SHIB could well be on the verge of its next bullish cycle, especially as upcoming protocol upgrades and strategic listings converge.
Anyone searching for dynamic opportunities within the crypto sector will find that Shiba Inu’s blend of volatility, innovation, and maturing ecosystem seems to offer an unusually compelling thesis for diversified portfolio consideration at this stage. The upcoming quarters may well mark the resumption of a powerful uptrend, with institutional and retail capital poised to revisit this high-beta asset.
Shiba Inu remains a high-volatility cryptocurrency offering prime dynamic investment opportunities, but requiring disciplined risk management. Recent price acceleration demonstrates its potential for powerful, rapid moves, even as the macro context calls for selectivity. Key technical levels to monitor are $0.000013 as immediate support and $0.00001450 as major resistance. With a protocol upgrade on the horizon in Q2 2025, SHIB’s trajectory could soon be reshaped by significant ecosystem developments.
How to buy Shiba Inu?
It’s easy and secure to purchase Shiba Inu (SHIB) online through regulated cryptocurrency platforms in Canada. Generally, you can choose between two main methods: buying SHIB on the spot market (direct ownership of tokens), or trading SHIB via CFDs (Contracts for Difference), which lets you speculate on its price without actually owning the coins. Both approaches are straightforward but involve different risks and costs. To help you make an informed decision, a detailed comparison of top crypto platforms is available further down this page.
Spot Purchase
Buying Shiba Inu “on the spot” means you directly acquire SHIB tokens and hold them in a wallet (either provided by the platform or your own). You become the real owner of these coins, with the freedom to transfer or store them securely. Fees for spot purchases on regulated exchanges in Canada typically range from 0.2% to 1.5% per transaction, or a flat fee (for example, $5 CAD).
Example
Suppose the price of Shiba Inu is $0.00001286 USD (about $0.0000175 CAD at a 1.36 exchange rate). With a $1,000 CAD investment, you could buy approximately 57,142,857 SHIB after accounting for a $5 CAD commission.
✔️ Gain scenario:
If SHIB’s price rises 10%, your holding would be worth $1,100 CAD.
Result: +$100 gross gain, or +10% on your investment (excluding exchange rate effects and crypto market volatility).
CFD Trading
CFD trading lets you speculate on Shiba Inu’s price movements without taking actual ownership of the coins. You enter into a contract with a broker to gain (or lose) based on SHIB’s price changes. The main costs for CFDs are the spread (the broker’s markup between buy/sell prices) and potential overnight financing fees if you keep the position open more than a day. CFD platforms also allow you to use leverage to amplify gains—or losses.
Example
You open a CFD position on SHIB with $1,000 CAD and a 5x leverage, giving you a $5,000 CAD exposure to SHIB’s price.
✔️ Gain scenario:
If SHIB’s price climbs 8%, the leveraged position yields 8% × 5 = 40% growth.
Result: +$400 CAD profit on your $1,000 stake (excluding spreads and overnight fees).
Key Considerations Before You Invest
Always compare fees and platform terms before investing: transaction commissions, withdrawal fees, spreads, and security measures can vary significantly from one provider to another. Your choice between spot purchase and CFD trading should reflect your investment goals, risk appetite, and experience with crypto assets. A comprehensive platform comparison is provided below to help you select the most suitable option for your needs.
Compare the best cryptocurrency exchange platforms in Canada!Compare platforms nowOur 7 tips for buying Shiba Inu
| 📊 Step | 📝 Specific advice for Shiba Inu |
|---|---|
| Analyze the market | Study SHIB’s current technical indicators (RSI, MACD, moving averages) and be aware of short-term bearish trends with possible recovery catalysts like Shibarium and token burns. Watch for triangle patterns and breakout signals before buying. |
| Choose the right exchange | Select a major crypto trading platform operating in Canada that lists SHIB (e.g., Binance, Coinbase, Kraken). Ensure strong security standards, easy CAD deposit options, and transparent fee structures. |
| Define your investment budget | Only invest an amount you can afford to lose—SHIB is highly volatile. Calculate your risk tolerance, remembering that cryptocurrency profits are taxed as capital gains in Canada. |
| Choose your strategy | Decide between short-term trading (taking advantage of price swings and news) or long-term holding (betting on ecosystem growth and deflationary pressures from token burns). Align your approach with your investment objectives. |
| Monitor news & ecosystem updates | Stay current with Shibarium developments, token burn events, exchange listings, and DeFi integrations. Positive ecosystem updates or accelerated burn rates can act as major price catalysts for SHIB. |
| Use risk management tools | Set stop-loss and take-profit orders on your exchange account to help limit potential losses or secure gains. Diversify your holdings—avoid allocating all capital to SHIB given its speculative nature. |
| Sell at the right time | Plan your exit in advance: watch for target price levels ($0.000016–$0.00001825 for 2025), or signs of overbought market conditions. Consider gradually selling during sharp upward moves, and always factor in fees and taxes in Canada. |
The latest news about the Shiba Inu
Despite a recent bearish trend, SHIB’s technicals show mild bullish signals and significant short-term price potential. Although Shiba Inu is currently trading below all major EMAs, the RSI is in neutral-bullish territory at 52.72, and the MACD now exhibits mildly bullish signals. Notably, analysts maintain consensus upside targets, with projections ranging up to $0.00001825 by July 2025—implying as much as 38% potential appreciation from current levels. These technical markers, paired with the triangle formation pattern hinting at a possible breakout, provide a constructive context for short-term recovery, which is particularly relevant for Canadian investors amid volatile global markets.
The Shibarium Layer 2 network continues to develop and enable faster, cheaper transactions, driving increasing utility and ecosystem expansion. Since its 2023 launch, Shibarium has steadily gained adoption and facilitated broader integration of SHIB within decentralized finance (DeFi). This network enhancement is central to SHIB’s evolving value proposition, with ecosystem upgrades noted as ongoing. For Canada, these technical advances further validate the cryptocurrency’s use cases, especially as local adoption of DeFi solutions expands—a trend assisted by the country’s strong fintech and blockchain innovation sector.
Token burn activity has surged massively, reinforcing a deflationary narrative and bolstering investor confidence in long-term value prospects. Over the last week, the SHIB burn rate spiked dramatically, reaching a 5,223% daily surge and maintaining multi-million token burns per day, with 1.465% new burn surges also reported. The long-term commitment to token scarcity is a positive signal for investors, as it aims to support price by reducing the total supply. For Canadian holders—who are particularly sensitive to inflationary pressures and have shown growing interest in crypto assets with deflationary models—this mechanism could strengthen conviction in the SHIB project’s fundamentals.
Shiba Inu is available on all major Canadian-accessible crypto exchanges, with no minimum investment, maximizing accessibility for retail and institutional participants. SHIB’s listing on Binance, Coinbase, and other platforms popular in Canada ensures ready liquidity and simple access for investors across the country. Compatibility with Ethereum-based wallets further lowers entry barriers, and the absence of a minimum investment requirement makes it attractive for early-stage and retail participants. This broad accessibility is a crucial strategic advantage in a jurisdiction like Canada, where user-friendly onboarding processes and regulatory clarity are strong market drivers.
SHIB continues to benefit from strong community engagement and brand recognition, supporting its resilience amid market turbulence and regulatory evolution in Canada. Despite temporary declines in whale activity—a phenomenon seen across many meme tokens in 2025—SHIB’s vibrant global community remains active. This robust network effect and continuous ecosystem development lend stability and optimism to its long-term outlook. In Canada’s rapidly shifting regulatory landscape, Shiba Inu’s reputation as a community-driven project with high visibility helps sustain investor interest and could facilitate collaboration with local exchanges or blockchain initiatives moving forward.
FAQ
What is the latest staking yield for Shiba Inu?
Currently, Shiba Inu does not offer a native staking mechanism directly on its main blockchain. While staking options may be available indirectly via DeFi platforms or within the Shibarium ecosystem, there is no official or universal yield provided for SHIB token holders. Some third-party exchanges offer flexible earning products with variable returns, but these yields fluctuate and may involve additional risks or lock-up periods. It's important to verify the credibility of any platform before staking SHIB.
What is the forecast for Shiba Inu in 2025, 2026, and 2027?
Based on recent prices of $0.00001286 USD (approximately CA$0.0000177), the projected values are as follows:- End of 2025: about CA$0.0000266- End of 2026: about CA$0.0000354- End of 2027: about CA$0.0000531These forecasts factor in the potential for continued ecosystem expansion—such as the Shibarium Layer 2 scaling solution and active burn mechanisms, which could boost scarcity and adoption. Shiba Inu’s sustained innovation and robust community support remain key growth drivers.
Is it the right time to buy Shiba Inu?
Shiba Inu stands out for its strong community, dynamic ecosystem (including DeFi applications and its own Layer 2—Shibarium), and ongoing development activity. Recent advances such as higher token burns and upgrades to transaction speed reinforce SHIB’s position among meme coins striving for greater utility. While the token is experiencing a weak technical phase, increased developer engagement and growing DeFi integration could open the door to future recovery, especially if overall crypto market sentiment improves.
What is the tax treatment for crypto gains in Canada, and is Shiba Inu affected?
In Canada, capital gains realized from the sale or swap of crypto assets—including Shiba Inu—are taxable. Only 50% of the capital gain is included in your taxable income, with no minimum holding period for exemption. All crypto transactions, even those between digital assets, must be reported to the CRA, and keeping detailed transaction records is mandatory. There are currently no crypto-specific tax exemptions in Canada.
What is the latest staking yield for Shiba Inu?
Currently, Shiba Inu does not offer a native staking mechanism directly on its main blockchain. While staking options may be available indirectly via DeFi platforms or within the Shibarium ecosystem, there is no official or universal yield provided for SHIB token holders. Some third-party exchanges offer flexible earning products with variable returns, but these yields fluctuate and may involve additional risks or lock-up periods. It's important to verify the credibility of any platform before staking SHIB.
What is the forecast for Shiba Inu in 2025, 2026, and 2027?
Based on recent prices of $0.00001286 USD (approximately CA$0.0000177), the projected values are as follows:- End of 2025: about CA$0.0000266- End of 2026: about CA$0.0000354- End of 2027: about CA$0.0000531These forecasts factor in the potential for continued ecosystem expansion—such as the Shibarium Layer 2 scaling solution and active burn mechanisms, which could boost scarcity and adoption. Shiba Inu’s sustained innovation and robust community support remain key growth drivers.
Is it the right time to buy Shiba Inu?
Shiba Inu stands out for its strong community, dynamic ecosystem (including DeFi applications and its own Layer 2—Shibarium), and ongoing development activity. Recent advances such as higher token burns and upgrades to transaction speed reinforce SHIB’s position among meme coins striving for greater utility. While the token is experiencing a weak technical phase, increased developer engagement and growing DeFi integration could open the door to future recovery, especially if overall crypto market sentiment improves.
What is the tax treatment for crypto gains in Canada, and is Shiba Inu affected?
In Canada, capital gains realized from the sale or swap of crypto assets—including Shiba Inu—are taxable. Only 50% of the capital gain is included in your taxable income, with no minimum holding period for exemption. All crypto transactions, even those between digital assets, must be reported to the CRA, and keeping detailed transaction records is mandatory. There are currently no crypto-specific tax exemptions in Canada.
