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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Ethereum Plunges by 21%, Making Largest One-Day Percentage Loss

Most of the cryptocurrencies have seen a decline recently including the two largest cryptocurrencies, Bitcoin and Ethereum. Ethereum plunges by 21% as it is currently trading at $493.51. According to the records, this is the largest one-day percentage loss that Ethereum has faced since March 12, 2020. As Ethereum plunges...

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Uniswap Trading Volume Stable Amid 60% Plunge in Liquidity

Uniswap, the former largest decentralized exchange platform by trading volume, is losing its position in DeFi rankings as its liquidity plummets. By mid-November the DEX platform had over $3 billion in locked value, making it the largest DeFi protocol. In today’s time, Uniswap is now the fifth-largest DeFi protocol, owing...

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Libra Hires Saumya Bhavsar as General Counsel For Payment Subsidiary

The Libra Association has hired Saumya Bhavsar, a former banking regulator and leading industry veteran as its general counsel for its payments subsidiary. The new hire will help launch and manage a compliant system in the Libra network. Bhavsar comes with over 25 years of experience in banking regulation from...

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XRP price prediction could fail to reach $100 in 2021!

With echoes of XRP bulls all around, let’s bring you to the real grounds of the question-why XRP will not reach $100? To get through the concept of ‘why’ we need to acknowledge a few things.  To begin with, XRP is a cryptocurrency that runs on a platform called RippleNet....

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Crypto Market Update: Bitcoin, Ripple and Yearn.Finance

Bitcoin plunged on Thanksgiving day to its lowest level by 13 percent in two weeks. The cryptocurrency was last down by 9 percent at $17,000. This represents a sharp correction to its almost three-year high from this week, above $19,000. While Ripple (XRP) has outperformed Ethereum (ETH) for the first...

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OECD’s Tax Director Reveals CRS For Crypto Coming in 2021

Pascal Saint-Amans, OECD’s Tax Director, has just revealed that a common reporting standard (CRS) for cryptocurrency might come by the end of the next year. OECD, which is a 37-nation organisation, is planning on introducing CRS anytime in 2021.  OECD’s tax director revealed that the major purpose behind this crypto...

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Stack Funds Reveal Bitcoin’s Price Drop Represents Healthy Correction

Stack Funds, a Crypto index fund provider, have said that Bitcoin’s price drop on Nov. 26, 2020, represents a healthy correction. This signifies that the price of the cryptocurrency is up for a continued upward trajectory. Earlier this week, the largest cryptocurrency by market capitalization showed a consecutive gain of...

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TRON Dives by 30%, Manages to Gain Support at $0.0275

Despite performing well for a long time, the crypto market has faced a huge selloff recently. Along with several major cryptocurrencies, TRON had also faced a huge downside movement on Thursday, November 26, 2020. TRON dives by 30% from the month’s peak and, somehow, managed to get support at $0.0275....

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Russian Government Plans to Treat Digital Assets as Property

The Russian government is considering digital assets which are quite evident from the Prime Minister’s announcement. Mikhail Mishustin, the Prime Minister of Russia, has announced that the government is planning to treat all the digital assets like property. Through this, all the Russian crypto owners will be able to claim...

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The Ultimate Guide to ICOs and Cashing Out Their Proceeds

Cryptocurrencies have rapidly changed the world we see today. It’s changed the way we view money, and, once upon a time, we couldn’t have imagined digital money being as valuable as it is today. One exciting development that cryptocurrencies have introduced to the global market is an initial coin offering...

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Cardano Blockchain Set to Implement Goguen Update

IOHK recently published a new format for updating the developments of Goguen. Cardano revealed that every 2 weeks a new video update will be revealed on Goguen with Dimitris Poulopoulos, Goguen Project Manager, and Volodymyr Hulchenko, Cardano Project Manager. In the most recent update, Cardano’s two project managers updated on...

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Chainlink Price Update: LINK Remain on Bullish Trend

Chainlink (LINK) has been showing strong market performance over the past few days, signifying a bullish trend in the nearer term. Over the past week, the price of the cryptocurrency dropped down to almost $11 followed by quickly swinging above $12. However, in the current 4-hour chart, the price of...

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Sygnum Bank to Launch Tokenized Trading Platform

Sygnum bank has announced the launch of a blockchain-based tokenized trading platform. The move makes Sygnum, the first bank in the world with an institutional-grade tokenized trade offering. The trading platform will now offer investors under one platform with global and public and private markets. The decentralized alternative for stock...

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Iota Foundation Partners with CDL to Stimulate Research in DLT

Iota Foundation has recently announced its partnership with Christian Doppler Laboratory (CDL) of Austria. It is revealed that the firm has joined CDL as an industrial partner. The main reason for forming this partnership is to stimulate research on distributed ledger technologies (DLT).  CDL is situated at the Vienna University...

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Golden Chance for Entrepreneurs to Pitch Projects with TDeFi Accelerator at the International Demo Day in Dubai

With the rapid adoption of cryptocurrency and blockchain technology, the DeFi sector has emerged with the potential for sustainable development and profuse capital investment. It is one of the fastest-growing industries at the moment and because of this, a lot of new startups are thriving in the space. To that...

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Bitcoin Price Drop Shows $1B Open Interest Wiped Out From Futures Market

Bitcoin went through a strong price drop after rallying above $19,500 this week. The price of the cryptocurrency is currently trading somewhere at around $17,000 at the time of publication, indicating a sharp decline in valuation. Data from Coinalyze shows that the resulting price drop caused $1 billion worth of...

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Chinese Court Reveals Details of $4.2B Seized Crypto From PlusToken

Chinese Police have conducted a proper investigation on the PlusToken ponzi scheme and seized $4.2 billion worth of crypto connected to it. Although the judgement in this matter came on November 19, 2020. Jiangsu Yancheng Intermediate People’s Court, a Chinese court, has provided the details about the matter on Thursday, November 26,...

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