Author: Crypto News

Last updated: May 29, 2024 07:47 EDT | 9 min read Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial contentImmediate Atarax i2 invites investors to level up their crypto trading game with the help of elite strategies and secrets of the pros. Promising to provide a shortcut to enhance investors’ skills, the platform touts itself as a bridge between learners and exemplary trading knowledge.Are any of these claims true? Or is Immediate Atarax i2 another story of a platform that promises too much and falls short? Explore this review to find out.Immediate Atarax…

Last updated: May 29, 2024 06:52 EDT | 2 min read The Canadian Anti-Fraud Centre (CAFC) has warned about a surge in crypto scams targeting Canadian citizens.In a Tuesday announcement, the anti-fraud call centre said there has been an increase in two specific types of cryptocurrency scams targeting Canadian citizens, including pig butchering or romance scams, and investment scams.In response to this concerning trend, the CAFC, in collaboration with the Canadian Investment Regulatory Organization (CIRO), has issued a warning to raise awareness about these sophisticated scams, particularly those involving prolonged online communication.The CAFC, in collaboration with the Canadian Investment Regulatory…

Last updated: May 29, 2024 06:24 EDT | 4 min read Bitcoin Price PredictionDespite hawkish remarks from Federal Reserve officials and stronger-than-expected U.S. economic data, which have reduced the likelihood of a Fed rate cut, Bitcoin (BTC) has managed to regain some traction. The cryptocurrency edged slightly higher, reaching around $67,785 and hitting an intraday high of $68,848.BlackRock’s Bitcoin ETF, IBIT, has become the largest Bitcoin fund with nearly $20 billion in assets under management, further supporting BTC. However, the strengthened US dollar (USD) and ongoing geopolitical tensions may limit Bitcoin’s gains, leading to potential volatility.Looking ahead, traders will closely…

Last updated: May 29, 2024 05:29 EDT | 2 min read BlackRock’s iShares Bitcoin Trust has taken the lead as the world’s largest fund for Bitcoin, accumulating nearly $20 billion in total assets since its listing in the United States earlier this year.According to data compiled by HODL15Capital, the exchange-traded fund held $19.68 billion worth of Bitcoin on Tuesday, surpassing Grayscale Bitcoin Trust’s $19.65 billion.Fidelity Investments holds the third-largest spot with an $11.1 billion offering.The launch of BlackRock’s Bitcoin ETF, along with Fidelity’s, was part of a group of nine funds that debuted on January 11, coinciding with Grayscale’s conversion…

Last updated: May 29, 2024 04:24 EDT | 1 min read The US District Court for the District of Utah on Tuesday threw out the SEC’s case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions.The fines cover legal fees and court costs. This penalty follows the court’s finding that the SEC misled the judge to get a temporary order in its favor.In the same May 28 filing, Judge Robert Shelby approved the SEC’s request to dismiss the ongoing case without prejudice, enabling the agency to file a related case in the…

Last updated: May 29, 2024 02:31 EDT | 2 min read ZKasino, a blockchain-based gambling project, has taken steps to address the allegations of a $33 million “rug pull” by initiating a 72-hour “2-step bridge back process” to return funds to investors.In a Medium post on May 28, ZKasino announced the initiation of the refund process, allowing investors to participate in the 2-step bridge back process with a 1:1 ratio for bridging back their Ethereum (ETH).“The ZKasino team is still working hard to make the project successful. We again want to assure everyone that we are here to deliver and…

Last updated: May 29, 2024 02:06 EDT | 1 min read Riot Platforms has acquired a 9.25% stake in Bitfarms after its takeover offer was rejected.According to a press release Riot Platforms published on May 28, the Bitcoin mining firm’s $950 million offer to acquire all outstanding shares of Bitfarms was turned down by the Bitfarms board. Despite this, Riot proceeded to acquire a 9.25% stake in Bitfarms, making it the largest shareholder.Riot Platforms Becomes Largest ShareholderRiot proposed a buyout price of $2.30 per share, representing a 24% premium over Bitfarms’ one-month volume-weighted average share price as of May 24.…

Last updated: May 29, 2024 01:11 EDT | 1 min read Domain naming system Ethereum Name Service (ENS) has proposed an ENSv2 upgrade migrating to Layer 2 to reduce gas fees and increase transaction speeds.ENS Labs said ENSv2 will involve a “comprehensive overhaul” to Layer 2 and re-architecting ENS to include a hierarchical registry to improve management and customization of .eth domain names.“Nameholders will have access to a unique name registry, where they will be able to manage subdomains and configure resolvers,” said Nick Johnson, the lead developer and founder of ENS Labs, in a press release. “Name holders can…

Last updated: May 29, 2024 00:30 EDT | 2 min read Top Crypto Gainers Today on DEXScreener – KING, SWAPUZ, MOJO / Source: Cryptonews It’s been a tame start to the week for cryptocurrency markets, with most major coins locked within recent ranges, though admittedly close to multi-week highs, and with traders hunting top crypto gainers today instead turning to the more volatile and unpredictable on-chain altcoin markets.Bitcoin (BTC) was last trading in the $68,000s, having dipped back from above $70,000 on Mt Gox wallet movement jitters.Ethereum (ETH), meanwhile, was last in the $3,800s. Traders continue to wait for word…

Pepe is one of the most iconic meme coins in history.The frog-themed meme coin has jumped 31265.69% since April 17, 2023. What makes Pepe’s journey more remarkable than the rest of the meme coin market is its unique theme. While four of the top five meme coins are dog coins, Pepe dared to venture beyond. It is currently the world’s third-largest meme coin with a massive market cap of $3.6B.Oracle Meme: A Utility-Rich Meme Coin With a Creative New Concept Like Pepe, Oracle Meme ($OMEME) is a new meme coin that doesn’t confine itself to the conventional framework. It explores…