Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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China Drafts Law to Legalize Digital Yuan While Banning Competitors

The People’s Bank of China (PBoC) has drafted a new law that seeks to legalize digital yuan while banning the circulation of yuan-pegged digital tokens. The move intends to outlaw any digital currencies that seek to compete with China’s CBDC. PBoC Accepting Public Feedback on Draft Revision Last week, China’s...

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Bitcoin Plunges From $13,800 Coincided With Surge in USD

After being stable for quite a long time, Bitcoin came back in action. From the past few days, the Bitcoin price was increasing very impressively and was showing a complete bullish trend. However, to a surprise, Bitcoin plunges from $13,800 to the $13,200 level, on Oct. 28, 2020. This price...

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Bitcoin Bullish Above $13,000 as Per Technical Trends: Analyst

Bitcoin has pulled back below $13,000 on Oct. 28, although technical analysts suggest that the cryptocurrency could soon see bullish behavior in the coming weeks ahead. BTC dropped yesterday from the yearly highs of $13,850 to a low of $12,900. Order Book Trends Reveals Interesting Predictions for Bitcoin Bitcoin showed...

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Avanti Receives Bank Charter From Wyoming State Banking Board

Avanti has received a bank charter from Wyoming State Banking Board, becoming the second chartered crypto bank in the U.S., followed by Kraken. Although, Avanti needs to follow certain conditions such as raising enough capital before it is fully granted with a certificate of authority. Receives Banking Charter Under the...

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SBI Holdings Confirms Ripple’s Plan To Relocate in Japan

Yoshitaka Kitao, CEO of SBI Holdings, has recently confirmed Ripple’s plan of relocating its headquarters to Japan. This has been revealed during a quarterly briefing that took place on October 28, 2020.  Brad Garlinhouse, CEO of Ripple, has earlier announced his plans of moving its headquarters out of the U.S....

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How will the Upcoming US Presidential Election Impact Worldwide Stock Markets?

If you were someone who trusted polling data wholeheartedly, you could be forgiven for thinking that Democratic candidate Joe Biden was the overwhelming favourite to become the next President of the United States. This may well be true, of course, with Biden holding an average lead of 10 points over...

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WCA IPO to Accept Tether and Australian Dollar as Payments

West Coast Aquaculture Group (WCA) is all set to conduct the first initial public offering (IPO) of the company. This has been announced by Stax, which is a crypto-friendly capital-raising platform based in Australia. In this IPO, WCA will be accepting cryptocurrency Tether (USDT) and the Australian Dollar as payments....

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Crypto Newsletter Update.pdf
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Crypto Weekly Market Updates
Coinbase to Launch Crypto Visa Debit Card in the U.S.

Coinbase will launch a crypto visa debit card in the United States by next year. Users can now join the waitlist for the crypto debit card via the Coinbase app or on the web. Earning Cashback In Crypto Rewards Interesting features of the Coinbase card includes earning cashback in crypto...

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Crypto Exchange FTX Brings Tesla, Amazon, and Netflix for Tokenized Stock Trading

FTX cryptocurrency exchange will soon allow its users to trade tokenized shares from Telsa, Amazon, and Netflix. Other notable companies include the likes of Facebook, Google, and the SPDR S&P 500 exchange-traded fund. FTX’s Foray Into Tokenized Equity Trading FTX crypto exchange has partnered with German financial firm CM Equity...

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Paxful Partners With Bnext to Launch Mexico’s Crypto Debit Card

Paxful has entered into a partnership with Bnext, a Spanish neobank, to launch a crypto debit card. This crypto debit card will be the first one to be launched in the Mexican market. Here the Mexican customers will be able to use their crypto to make payments through a debit...

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Paxful Partners With Bnext to Launch Mexico’s Crypto Debit Card

Paxful has entered into a partnership with Bnext, a Spanish neobank, to launch a crypto debit card. This crypto debit card will be the first one to be launched in the Mexican market. Here the Mexican customers will be able to use their crypto to make payments through a debit...

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Uniswap Community To Distribute 5 Million Airdropped UNI Tokens

Uniswap’s second governance proposal will distribute airdropped UNI tokens to over 12,619 wallet addresses with 400 tokens each. The concerning wallet addresses will receive 5 million UNI token airdrops that interacted with Uniswap through a third-party interface. Third-parties Interacted With Uniswap For Free UNI Tokens The interaction with Uniswap was...

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Tor Project to Accept Bitcoin Donations through Lightning Network

The nonprofit organization behind the anonymous network Tor, announced on November 19 that it now accepts Bitcoin (BTC) donations via the Lightning Network. Moreover, the organization said that it will accept Lightning Network donations as part of Bitcoin Tuesday; a fundraising initiative led by the crypto-for-charity organization The Giving Block....

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PayBito Records a Growing Franchise Network Across The Globe

PayBito, a U.S. based crypto exchange, has offered its franchise program that was meant to increase crypto adoption, back in August 2020. This program has been taken really well across the world as the firm has recorded a huge increase in the franchise owners across the globe. It is recorded...

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Binance CEO Responds To Allegations On Deceiving US Regulators

Binance CEO Changpeng Zhao (CZ) has pushed back allegations of deceiving regulators in the US. As reported by Forbes on Oct. 29, the news outlet has claimed to obtain a 2018 document revealing Binance's plan on creating a U.S. based entity called “Tai Chi” to trick American regulators. "Tai Chi"...

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One-quarter of Ethereum Are Held On Cryptocurrency Exchanges

Around one-quarter of Ethereum are held on cryptocurrency exchanges or 23.6% of entire circulating supply of $10.3 billion. According to ViewBase analytics platform, 26,768,260 ETH are currently held on centralized exchanges. Amount of Ether Held On Exchanges Are More Than BTC A total of 26 million of Ether tokens are...

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Fidelity Crypto Branch Partners Stack Funds to Expand Custody Services

The crypto branch of Fidelity Investments has formed a partnership with Stack Funds to expand its area of custody services. The step has been taken by the firm to expand the global reach of the crypto industry through its services.  It is revealed that through this partnership, Stack Funds customers...

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Bitcoin Wins Regardless Of Biden Vs Trump Contest, Says Grayscale CEO

CEO of Grayscale, Barry Silbert, says that in the end, Bitcoin will emerge as the winner in the battle between US presidential election candidates Biden Vs Trump. The CEO’s opinion on Bitcoin’s bullishness comes after Grayscale’s latest study on Bitcoin. Election Pressure Doesn't Affect BTC Price Negatively The crypto community...

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