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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Analysts Expects Bitcoin’s Price Could Rally up to $20,000

Bitcoin went through a massive rally yesterday, November 18, 2020, as the cryptocurrency touched the $18,500 mark. The price of the cryptocurrency did drop down by $1000 within only a span of a minute or two to $17,400. This signifies that Bitcoin did manage to hold key support levels in...

Reach us on: https://www.cryptoknowmics.com/news/?p=181491
Bitcoin Suisse Might Offer Ethereum 2.0 Staking Services Before Christmas

Bitcoin Suisse, a crypto service provider, has revealed that they might be offering its Ethereum staking services before Christmas this year. It also emphasizes the expectations of the firm for the launch of Ethereum 2.0.  In the official statement, Bitcoin Suisse stated: “The deposit contract for Ethereum 2.0 is now...

Reach us on: https://www.cryptoknowmics.com/news/?p=181488
Electrum Announces New Release to Fix macOS Big Sur Issues

Electrum Bitcoin wallet has been facing a lot of problems due to the recent Mac update. Now wallet’s team has announced that they have now fixed this issue through their new release. According to the firm, their new release, 4.0.5 fixes the issue with macOS Big Sur. It is good...

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Binance Files Lawsuit Against Forbes Reporter Over ‘Tai Chi’ Article

Leading cryptocurrency exchange Binance has filed a defamation suit against Forbes Media LLC and two of its journalists over a Tai Chi article published last month. The Tai Chi story apparently revealed Binance’s plans to evade regulations against the U.S. legislators. Binance has filed for defamation in a U.S. district...

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Ethereum 2.0 Receives 20K ETH From IBC Group Chairman

Ethereum 2.0 is expected to be launched on December 1, 2020, but it is struggling to meet its target. In response to this, Khurram Shroff, IBC Group Chairman, has agreed to send 20,000 ETH, which is worth around $9.6 million into the ETH 2.0 deposit contract. It is stated that...

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Fireblocks Secures $30 Million Funding in Series B Funding

Digital Asset platform Fireblocks has raised $30 million in a Series B funding round led by Paradigm with participation from investors such as Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group (DCG), and Cedar Hill Capital. The latest funding round brought the company’s total valuation to $46 million. Fireblocks in...

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Binance Lists Oasis Network With Three Trading Pairs

Binance has announced the listing of Oasis Network (ROSE) on its platform through a blog post. According to the announcement, Binance has listed Oasis Network with three different trading pairs, which are ROSE/BTC, ROSE/BUSD, and ROSE/USDT. The trading of ROSE pairs has already started on the platform as it went...

Reach us on: https://www.cryptoknowmics.com/news/?p=181521
Dell Subsidiary VMware Launches Enterprise Blockchain Platform

Major virtual machine and cloud computing company VMware has announced the launch of its enterprise blockchain platform. VMware initially announced working on an enterprise blockchain platform back in 2018. The platform intends to provide a scalable infrastructure for decentralized applications catering to enterprise users. VMware is a subsidiary company of...

Reach us on: https://www.cryptoknowmics.com/news/?p=181536
Gemini Exchange Selects ClearBank For Banking Services in the UK

U.S.-based cryptocurrency exchange and crypto custody service provider Gemini has selected ClearBank for providing banking service in the United Kingdom. The partnership entails that Clearbank will offer Gemini exchange with a banking infrastructure, along with account numbers and sort codes. Gemini exchange will also be able to access payment services...

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Can BTC Surpass its $20k Equivalent to “Peanuts” in 2020?

The global economy now is more likely in a precarious position than in 2017 due to the post-Covid situation. With impressions of Bitcoin hitting $20k in the past, the chances of hitting $20k in 2020 have increased by 7% is what the echoes said.  But are the reasons for the...

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Filecoin Has 1 Exabyte of Storage Capacity, Larger Than Netflix Library

Juan Benet, the CEO of Filecoin, has revealed that the decentralized storage network now has 1 exabyte of file storage capacity. This comes as a major milestone for the company on achieving such large scale storage. Filecoin is now looking towards taking the road to compete with centralized cloud storage....

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Bitcoin Price Might Reach $170,000 by 2022: Bloomberg Analyst

The largest cryptocurrency Bitcoin is continuing its bullish rally and getting close to its previous all-time high. Mike McGlone, the analyst at Bloomberg, has predicted Bitcoin price to reach the $170,000 level in the next two years by 2022.  Currently, Bitcoin's price sits around $17,821, which is a new high...

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SEC Chairman Jay Clayton Reveals What’s Boosting Bitcoin’s Rally

SEC Chairman Jay Clayton appeared on CNBC’s Squawk Box on Nov. 19, 2020, to remark that the current inefficiencies of payment systems are driving the Bitcoin price rally. Even though Jay Clayton is not a staunch supporter of Bitcoin, his latest interview makes him appear bullish otherwise. Jay Clayton, who...

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OKEx Will Resume Withdrawals After More Than Month Suspension

OKEx had suspended the withdrawal services of digital assets from its exchange on October 16, 2020, due to an ongoing police investigation on one of its staffers. There is a new update from the exchange and it has now announced to resume withdrawals anytime before or on November 27, 2020. Even though...

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Ethereum-based Game Axie Infinity Raises $860,000 From Token Sale

Ethereum-based NFT game Axie Infinity has raised $860,000 from the governance sale of its AXS tokens. The funding round was led by Delphi Digital with contributions from Arca, Sparq. The funding amount will be used to further enhance the gamification of yield farmings. Axie Infinity uses Ethereum’s non-fungible tokens (NFT)...

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DAiM Launches First Employer-Sponsored Retirement Plans Supporting Bitcoin

Digital Asset Investment Management (DAiM), an asset management firm based in the U.S., has just launched the first employer-sponsored retirement plan in the U.S. Importantly, the retirement plan is going to support investments in Bitcoin. DAiM announced this on November 19, 2020, stating that it is going to help the...

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DeFi Protocol Aave Launches Money Market With CrescoFin

DeFi protocol Aave is partnering with Swiss banking firm CrescoFin to launch a decentralized money market. The deal is going to bring a banking institution to turn towards DeFi for managing their finances. The collaboration will also entail that insured savings are now accessible within the DeFi. The intention behind...

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Is It Worth Investing With Swing Trading in the Cryptocurrency Market?

For those who know what Swing Trading is, then the short answer is a big YES to start investing in swing trading in the cryptocurrency market. And, for all the neophytes reading it, let’s first see what these terms mean and how traders are making money out of it. Knowing...

Reach us on: https://www.cryptoknowmics.com/news/?p=181640
Is It Worth Investing With Swing Trading in the Cryptocurrency Market?

For those who know what Swing Trading is, then the short answer is a big YES to start investing in swing trading in the cryptocurrency market. And, for all the neophytes reading it, let’s first see what these terms mean and how traders are making money out of it. Knowing...

Reach us on: https://www.cryptoknowmics.com/news/?p=181640