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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β€ŒUK Spearheads in Adoption of an Interbank Digital Currency

In a recent report published by PwC, the UK is in the fifth position in the world when it comes to preparing for the acceptance of a central digital currency. According to the new research conducted, the UK is leading the way across Europe when it comes to the adoption...

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β€ŒBalancer (BAL) and Badger DAO (BADGER) Technical Analysis: Bull Take Charge?

Balancer (BAL) and BadgerDAO (BADGER) are reversing last week's losses. BAL/USDT could rip above $65 as BADGER/USDT ease above $35 in a buy trend continuation. Balancer (BAL) Trustless swapping distinguishes DeFi protocols. The Balancer protocol powered by BAL comes on top of the AMM pile. Past Performance of BAL BAL/USDT prices...

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β€ŒCoinseed Converts Users’ Funds into Dogecoin Without Permission

Coinseed users intend to file a class-action lawsuit against the firm, as it has changed their funds into Dogecoin tokens without their permission. In addition to the fund conversion, the users of the investment platform are allegedly not able to process their withdrawals. Users of Coinseed Had Their Funds Converted to...

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β€ŒKeep Network (KEEP) and Orion Protocol (ORN) Technical Analysis: What to Expect?

Keep Network and Orion Protocol prices are bottoming up, as respective technical analyses reveal. ORN/USDT could race back to $30. On the other hand, KEEP/USD stands to reach $0.80. Keep Network (KEEP) In the digital age, privacy is paramount. The Keep Network does this exemplary job using KEEP as the...

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β€ŒVisa Eyes CBDC Development as it Dives into Crypto Space

Payments giant Visa is now aligning itself to tackle major challenges associated with crypto space and CBDC. To reflect its support to cryptocurrencies, the firm has recently begun to settle stablecoin USD Coin transactions since last month. Highlighting its crypto commitment, the CEO of Visa AI Kelly mentioned that the firm...

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β€ŒRipple to Expand its Global Market by Partnering with New Universities

The UBRI project of Ripple is again in the news to expand its blockchain accelerator program in the global market. Joining hands with three more leading universities, under the program Ripple added the names to its list of company partners.  Ripple Partners with Universities to Expand in the Global Market ...

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β€ŒBitcoin Becomes Stable After Weekend Sell-Off, Triggers Resistance Around $58K

In an attempt to break above a series of lower price highs and sell-off from April 14, Bitcoin is stabilizing the short-term downtrend. The cryptocurrency is holding support above $50K after reaching the oversold levels last week. Bitcoin Stabilizes After Weekend Sell-off Triggering Resistance Around $58K At the time of...

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β€ŒVirtual Worlds Global Leader Nexon Buys Bitcoins Worth $100 Million

A global leader in the Virtual Worlds, Nexon, has announced that it has purchased 1,717 bitcoins worth approximately $100M at an average price of around $58,226. This recent purchase represents even less than 2% of the total cash and cash equivalents in the hands of Nexon. Nexon Purchases 1,717 Bitcoins Worth...

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β€ŒCardano Is Launching a Blockchain-Based National ID System in Ethiopia

Blockchain research and development company, IOHK, has announced a partnership with the government of Ethiopia. The collaboration will involve a blockchain-based national student and teacher ID recording system to digitally verify grades, remotely monitor school performance, and boost education and employment nationwide. World’s Largest Cardano Blockchain Deployment in Ethiopia IOHK,...

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β€ŒElon Musk Hints Dogecoin Will be Part of His SNL Hosting Episode

Elon Musk calls himself the β€˜Dogefather’ on Twitter ahead of his much-anticipated "Saturday Night Live" appearance. Musk’s single tweet resulted in the price of the cryptocurrency to shoot up from $0.25 to $0.30 in just less than 15 minutes. Dogecoin Pumps on Elon Musk's SNL Tweet In a first of...

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β€ŒJPMorgan Partners Temasek and DBS in Blockchain Payments Platform

JPMorgan Chase & Co. is about to shake hands with Temasek Holdings Pte. and DBS Group Holdings Ltd. in order to create a new blockchain-based payments platform for trade and foreign exchange settlement. The company will be named Partior and is going to leverage blockchain technology and digitize M1 commercial...

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β€ŒMarket Movers: Bitcoin, Ethereum, Dogecoin, Polygon, Ripple

Bitcoin plunged by approximately $2,000 after failing to surpass the mark of $56,000 along with most altcoins such as Ethereum, Dogecoin, Polygon, and Ripple retracing significantly. A slowing down was witnessed by Bitcoin following a few days of gradual increases and has dipped to around $54K. Bitcoin Approached $56K Mark...

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β€ŒAn Analysis of Privacy Preserving Blockchain Monero

Blockchain is a public ledger with its transactions available for verification by anyone in the network. Their ledgers are transparent and open for public view. Blockchains are supposed to provide anonymity so that the user addresses cannot be linked to real-world identities.  Among all the public blockchains, Monero is a...

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β€ŒADA Partners with Simplex, Enables Purchase via Credit Cards and Apple Pay 

Simplex now allows an option of direct purchase of Cardano ADA tokens will be available from credit or debit cards, Apple Pay, or even bank transfers. This becomes attainable after the announcement of the partnership between the popular blockchain project and the Israeli-based provider. Undeniably, the partnership will license β€œmillions...

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β€ŒTesla Reads Bitcoin Holdings of Nearly $2.5 Billion in its SEC Filing

Tesla, the electric-car maker's interest in crypto is not hidden from anyone in the sphere. The Bitcoin holdings of the crypto giant have mentioned in the SEC filings evidence worth $2.48 billion in merely the first quarter. From the latest, in the first quarter, Tesla proves its liquidity by selling...

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β€ŒWealthfront Signals Green for Funding Crypto Assets

An automated investment service firm based in Palo Alto, California, Wealthfront has announced to enable its clients to invest in the crypto industry. Founded by Andy Rachleff and Dan Carroll in 2008, the statement from the U.S digital wealth manager came following the latest approval of the growing traction of...

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β€ŒUS Government Takes Steps to Fight Ransomware

A Thursday report has clarified that the US government on crypto regulation and its subsequent plans to combat ransomware. According to the report, experts will adopt more hostile ways of tracking digital currencies.  New Rules Proposed by the US Government to Combat Ransomware With the increase in crypto adoption in...

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β€Œ1INCH Technical Analysis: Wait for Breaking of First Resistance Level of $5.60

1Inch is a DeFi aggregator that displays the best liquidity, slippage, and exchange rates across the Ethereum blockchain and Binance smart chain. It also provides a robust platform for building decentralized apps and smart contracts. 1INCH is the prime governance token of this network and the technical analysis is as follows:...

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β€ŒPolygon Launches $150 Million Fund to Boost DeFi Adoption

Polygon, the Ethereum scaling network formerly known as Matic has launched a $150 million fund to make decentralized finance (DeFi) more accessible to users. While other DeFi projects too have taken up in launching DeFi fundings in recent months, the $150 million funds are one of the larger initiatives in...

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β€ŒBAT Technical Analysis: Price Below the First Fibonacci Level of $1.18

The Basic Attention Token (BAT) is a blockchain network that aims to eliminate the inefficiencies and security violations inherent in the digital advertising industry. Creators get BAT tokens as a reward for content creation and users who view the ads also get paid in BAT. It is the first crypto...

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