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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ProShares Bitcoin ETF Hits $1B AUM in Just Two Days

By the end of its first day of trading on the New York Stock Exchange (NYSE), the ProShares Bitcoin Strategy ETF ($BITO), the first bitcoin exchange-traded fund in the U.S., has hit $1 billion in assets under management in just two days. ProShares Bitcoin ETF Is the Second-Most Traded ETF...

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Perpetual Protocol (PERP) and Keep Network (KEEP) Technical Analysis: Bullish Breakout

Perpetual Protocol and Keep Network buyers are in charge. As from the daily chart, KEEP may race back to $1.2. On the other hand, PERP is bullish above $15. Perpetual Protocol (PERP) The platform's liquidity pools are virtualized and determined algorithmically. PERP is the primary token. Past Performance of PERP...

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Polkastarter (POLS) and DAO Maker Technical Analysis: Back to All-Time Highs?

Polkastarter and DAO Maker have divergent price actions. Although POLS is cooling off, it may race to $4. Meanwhile, DAO is bullish above $2.5. Polkastarter (POLS) Polkastarter, the launching pad on Polkadot, uses POLS for governance. Past Performance of POLS The Polkastarter token is within a bullish breakout pattern, reading...

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DeFi Surpasses $100 Billion for the First Time as Cryptocurrency Prices Rise

According to the statistics gathered by DeFi Pulse, Bitcoin’s historic rise helped surpass the value of assets utilized in decentralized finance (DeFi) above $100 billion for the first time.  DeFi Pulse calculates the amount by multiplying the balance of Ether and other assets stored in smart contracts resolved on the...

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NEAR Technical Analysis: Support at $7.6 to Start an Uptrend, Higher Highs Were Seen Every Day After That

NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees. NEAR Protocol is the brainchild of developers Alex Skidanov and Illia Polosukhin, both of whom have...

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Meme Cryptocurrency Shiba Inu to Gets Listed on Robinhood Competitor, Public.com

In a recent announcement made on Wednesday, it has been revealed that the meme cryptocurrency named after a Japanese dog breed, Shiba Inu, is now available on the trading platform Public.com. Public.com is a direct competitor to Robinhood and WeBull that made its debut back in the year 2019.  Shiba...

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KCS Technical Analysis: An Uptrend During the Past Week, Higher Highs and Higher Lows Were Seen

KCS is the native token of KuCoin, which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. KCS Bonus is regarded as one of the best ways to get passive income. Users who hold more than 6 KCS can get a...

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Australian Lawmakers Calls for Crypto Regulation in New Senate Report

The Senate Committee on Australia as a Technology and Financial Center (ATFC) has submitted a final 12 far-reaching recommendations for the regulation of the digital asset and fintech industry. Senate Report Calls Australia for Crypto Regulation In its final report, the bipartisan Senate Select Committee on Financial Technology and Regulatory...

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HBAR Technical Analysis: Valley Formed in the Past Week, Downtrend Took Crucial Support at $0.34 to Reverse Itself

Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps). Hedera Hashgraph (HBAR) has two founders: Dr. Leemon Baird and Mance Harmon. It was funded through an initial coin offering (ICO) in August 2018 and first...

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XDC Technical Analysis: Price Chart Was on a Downtrend, Took Crucial Support at $1.05 to Reverse the Trend

XinFin is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2 seconds of transaction time, KYC to Master nodes (Validator Nodes). The XDC Chain (XinFin...

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PIMCO, a $2.2 Trillion Fund Manager, Intends to Acquire More Cryptocurrency

PIMCO, a fixed-income fund manager, intends to acquire more cryptocurrencies such as Bitcoin (BTC) after dabbling with the asset class through crypto-linked instruments, providing the latest indication that large institutions are beginning to embrace the new asset class. PIMCO Plans to Acquire More Cryptocurrency Via Many Hedge Fund Portfolios Chief...

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VeChain (VET) Technical Analysis: A Great Chance of the Price Fall to $0.09

Last trading week on the VET market, buyers failed to make a qualitative breakthrough in their local growth trend. The weekly candle closed below the local high of the previous candle. However, the weekly candle trading volumes on 11 October were slightly higher than the volumes on 4 October. Despite...

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Billionaire VC Peter Thiel Says He ‘Underinvested’ in Bitcoin

Billionaire venture capitalist Peter Thiel has praised Bitcoin while saying he might have bought less of it. “You’re supposed to just buy Bitcoin. I feel like I’ve been underinvested in it.” Bitcoin Is a Rebuke to the Central Financial System: Thiel According to Peter Thiel, the rise of cryptocurrencies was...

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Axie Infinity (AXS) Technical Analysis: Will Buyers Allow a Correction of up to $78?

The month of October in the AXS market is spent waiting for the truth and finding compromises between traders. After a phenomenal weekly growth of AXS prices on 27 September, the market stopped to recharge. This is logical, because in just one week, the AXS price rose by 100% and...

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Animoca Brands Raises $65 Million in Funding Round, Doubles Valuation to $2.2 Billion

The virtual property and NFT-based game developer Animoca Brands has recently doubled its valuation to attain the mark of $2.2 billion after closing a new funding round that brought $65 million. As revealed, the latest funding round was conducted at a pre-money valuation of $2.2 billion and involved backing from...

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Bitcoin Reaches a New All-Time High of More than $66k

Bitcoin (BTC) has reached a new all-time high of $66,930, as a long-awaited rise pushes the BTC/USD pair towards price discovery. Bitcoin Reaches All-time High Against Various Fiat Currencies Bitcoin has broken through the $64,900 barrier that has been in place since April. BTC/USD rose on the second day of...

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Ethereum Market Cap Is Back Above $500 Billion

Ethereum, the second-largest cryptocurrency, is back above the $500 billion market cap following the digital asset being up by more than 10% in the last 24 hours. Ethereum Market Cap Is Now Above $500 Billion According to data from CoinMarketCap, Ethereum’s market cap is back to trading above $500 billion...

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Eric Balchunas Confirms Valkyrie Bitcoin Strategy ETF Trading Commencement on Friday

Eric Balchunas, a senior ETF analyst at Bloomberg, has recently confirmed that the Valkyrie Bitcoin Strategy fund is about to launch on Friday after initially releasing a statement that it would begin trading today. The ETF is all set to start trading on the NASDAQ on October 22, Friday, just...

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JPMorgan Claims that Bitcoin Price Increase Is Driven by Inflation Worries, Not ETFs

Bitcoin (BTC) reached an all-time high on Tuesday, following the debut of ProShares’ Bitcoin Strategy exchange-traded fund (ETF), BITO, but JPMorgan Chase strategists say market worry over inflation is the primary reason. According to JPMorgan analysts, the BITO debut, which experienced the highest-ever first-day natural volume for an ETF, is...

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The United States Will Take Over Bitcoin Mining After China's Ban

China’s move to ban Bitcoin mining activities in its territory sparked widespread panic, dragging the market down with it. Miners had to find other locations to stay in business after being driven out of China.  However, as time passed, other parts of the world opened their doors to these miners to...

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