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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Senate Bill Reintroduces Reporting of Online Suspicious Activities

The See Something, Say SomethingOnline Act, reintroduced by Sen. Joe Manchin and Sen. John Cornyn is the latest attack on freedom of speech and online privacy. The new bill would now require tech companies to file Suspicious Transmission Activity Reports (STARs) for any kind of suspicious activities on their platforms....

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Nigeria Central Bank Orders to Close Crypto Holders Bank Accounts

For the past few months, it has been seen that Nigeria has emerged as a Bitcoin nation and it is having a very active peer-to-peer cryptocurrency trading market. However, the recent action by Nigeria Central Bank shows a completely different story. It has issued an open letter for all the...

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LTC Above the Pivot Point of $155.98, Struggling to Go Past $160

In the past 3 days, the LTC price has risen from $141.98 to $155 (closing price as of February 5, 2021). The price has surged by approx. 9% since February 2, 2021. The LTC price retraced before a price upswing again. In the past 24 hours, LTC is trading between...

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SNX Trading at $20.84, Expect Movement Above $25

The past month has been positive for SNX (Synthetix). In the past week, SNX price grew from approx. $16 to $23 - a 44% surge. In the past 24 hours, SNX price fluctuated between $19.85-$24.25. As of February 5, 2021, SNX closed at $23.61. It also underwent a ‘Bellatrix’ update...

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Bitcoin Not a Bubble Anymore, Says Amber Group CEO Michael Wu

Since its inception, financial giants and mainstream media have been calling Bitcoin (BTC) a big bubble that’s doomed to burst for sure. Meanwhile, on the other side of the spectrum, the CEO of Amber Group, Michael Wu thinks otherwise. According to him, the leading cryptocurrency is no more a bubble....

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Bitfinex Claims Repayment of $550M Loan to Tether

Bitfinex, a crypto exchange, has claimed that they have repaid the remaining balance of a $550 million loan to Tether. Tether is the sister firm of the exchange and it is the issuer of Tether (USDT) stablecoin.  Back in 2018, Bitfinex borrowed more than $600 million from Tether and it was...

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MKR Lower than Pivot Level of $2681, Decline to Continue

The phenomenal growth of the DeFi sector in the last month has benefited MKR (Maker). The MKR price registered approx. 80% growth in the past week. In the past 24 hours, MKR price touched a high and low point of $3100 and $2247.26, respectively. As of February 5, 2021, the...

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A Single Dogecoin Address Holds 27% of Entire DOGE Supply

A mysterious Dogecoin whale holds 36 billion tokens or more than 27% of the entire DOGE supply, according to data from blockchair. In fact, the top 20 addresses control 50% or half of DOGE’s supply. With a single address controlling holding 27% of all DOGE, whale price manipulation is also...

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Ethereum Blockchain Reaches 1B Transactions as ETH Rising to New All-Time Highs

Ethereum blockchain has hit a milestone as it has reached 1 billion transactions. This has been revealed as per the data from Etherscan, a blockchain explorer. Ethereum has reached this milestone while ETH is on its way to new all-time highs.  Ethereum blockchain went live in 2015, and it was...

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Miller Value Funds to Invest in Bitcoin via Grayscale Bitcoin Trust

Miller Value Funds, an asset management company with $3.5 billion in AUM, has filed with the Securities and Exchange Commission (SEC) to invest in Grayscale Bitcoin Trust. Miller Value Funds is founded by noted investor and asset manager Bill Miller. He has previously invested in Bitcoin (BTC) on a personal...

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Ross Stevens Sees “Wall of Money” Coming Into Bitcoin

Ross Stevens, the founder of the Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG), has recently mentioned that he is seeing a “wall of money”, coming into Bitcoin. In an interview with Michael Saylor, CEO of MicroStrategy, Stevens has shared his view on Bitcoin’s institutional adoption....

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5 Altcoins to lookout for in 2021

Bitcoin has been getting all of the attention recently with its impressive gains in 2020, but Bitcoin is not the only cryptocurrency. These other currencies like Bitcoin can be used as an investment or used as a currency. Ether Ether is another cryptocurrency that is run on the Ethereum platform....

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Market Strategist Sven Henrich Says Bitcoin Could Drop Down to $6,400

Sven Henrich, the founder and lead market strategist at NorthmanTrader, in a recent note has said that there is still a possibility for the price of Bitcoin (BTC) to further drop down. According to him, it is crucial for Bitcoin (BTC) to reach new highs in February, 2020. Otherwise, the...

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DOGE Hits New ATH After Snoop Dogg Joins the Dogecoin Army

Dogecoin (DOGE) has hit a new all-time high of $0.0872 after American rapper Snoop Dogg joined Elon Musk and Kiss rock star Gene Simmons by tweeting on a meme of Shiba Inu, the mascot of the DOGE token. The cryptocurrency soared to a record high of more than 55% after...

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Bitfarms Announces CA$40 Million Private Placement with U.S. Institutions

Canadian crypto mining company, Bitfarms Ltd. has announced entering an agreement of CA$40 million in a private placement with U.S. institutional investors for its equity securities of 11,560,695 common shares. The agreement includes an additional warrant of purchasing the common shares at a purchase price of CA$3.46 per share and...

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Mexican Billionaire Ricardo Salinas Pliego Updates Twitter Bio to Bitcoin

Mexico’s second richest person, Ricardo Salinas Pliego, has just updated his Twitter bio to incorporate the Bitcoin (BTC) emoji. The billionaire with an estimated net worth of more than $13 billion as of January is the chairman of Grupo Salinas, a Mexican media and retail conglomerate that includes TV Elektra,...

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Elon Musk's Tesla Bought $1.5B In Bitcoin In January As BTC Price Explodes To A New ATH

In a breaking story that emerged today, Elon Musk’s electric vehicle giant Tesla has announced that it bought $1.5 billion in bitcoin in January 2021. Shortly after the news was revealed, the asset price exploded to a new all-time high of nearly $44,000. Tesla Gets Into Bitcoin With $1.5B Allocation...

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Elrond (EGLD) Cryptocurrency Hits a New Record High Above $130

On Feb. 7, the price of Elrond (EGLD) surged to more than 30% to a new all-time high over $130. The current market capitalization of the cryptocurrency has exceeded over $2 billion, according to Coinmarketcap.com. EGLD token is available for purchase from a variety of exchanges such as Binance, Crypto.com,...

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The Dogecoin Frenzy Discussed By Crypto Experts: Good Or Bad For The Industry?

The Dogecoin frenzy has exploded in the past several weeks, initiated by Tesla’s CEO Elon Musk. While numerous others also joined the “pro-dogecoin” narrative, including Snoop Dogg and the Winklevoss brothers, some crypto proponents, such as Changpeng Zhao and Mike Novogratz, outlined potential risks that could end “poorly” for investors....

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DASH: When can Investors Expect the Price of $200?

The DASH market is ready for the growth continuation, is another correction needed? Uncertainty of DASH market participants moved from the previous week to the current one. On the one hand, buyers managed to close the weekly candle above the range of $114-116, the importance of which we described in...

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