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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ETH Price Form Resistance Above $600 on Ethereum 2.0 Launch Day

The price of Ethereum has reached resistance above $600 as the much-anticipated launch of the Beacon Chain is scheduled to go live at noon UTC on December 1, 2020. This further indicates that the Ethereum price could potentially rally in the coming times ahead. Meanwhile, Ethereum community members who want...

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Coinbase Announces Ethereum 2.0 Staking Coming Soon

Coinbase has announced that the cryptocurrency exchange will soon support Ethereum 2.0 staking and trading features. Users of Coinbase will be able to convert their ETH tokens to ETH2 to earn staking rewards in their trading accounts. The platform will also support trading between ETH and ETH2, among other cryptocurrencies....

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Central Banks of Saudi Arabia and UAE Jointly Publishes Report on CBDC

Saudi Central Bank (SAMA) has jointly released a report with the Central bank of the UAE (CBUAE) citing the many benefits of a distributed payment system over a centralized payment structure. Initially announced in January 2019, Project Aber was a joint project between the UAE and Saudi Arabia on establishing...

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Bitfinex Opens Deposits & Withdrawals for Bitcoin Cash Node

Digital asset exchange Bitfinex has announced the opening of deposits and withdrawals for Bitcoin Cash Node (BCHN). As per the announcement, deposits and withdrawals of Bitcoin Cash on the trading platform will be removed on November 15, 2020, at 10:00:00 AM UTC. For each account, Bitfinex will then get a...

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Will Ethereum 2.0 Help Continue the Price Growth to $840?

Today is one of the important days of the Ethereum platform. Many users are waiting for the Ethereum 2.0 successful update, which should revolutionize the crypto world. First of all, this update aims to make the DeFi system work more efficiently, especially for scalability. Frequent congestion of the platform during...

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Bitcoin Cash Stuck Between $300 Resistance and $280 Support

Data chart from BCH/USD shows that Bitcoin Cash is stuck between the 50 SMA near $300 and the 100 SMA support at $280. The cryptocurrency seems to have failed to hold its position again above $300 followed by rejection at $320. Bitcoin Cash is the fifth-largest cryptocurrency by market capitalization....

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A Curated List of the Best Ethereum dApps that You Must Check Out

The reason why I want to discuss the best Ethereum dApps is that Ethereum has long surpassed other blockchains when it comes to dApps and smart contracts. With more than 90% of the world’s decentralized applications and smart contracts, Ethereum sits right at the top of the list of the...

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Ethereum Price Correlates to Bitcoin as Both Are Trending Upwards

Over the past few days, the price of Ether seems to be mimicking that of Bitcoin’s price. The correlation of Ethereum price to Bitcoin is going up despite the differences in value propositions. The correlation between both the cryptocurrency is at an upwards trend, although lower than what it during...

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CEO of BlackRock Larry Fink Says Bitcoin Can Evolve Into Global Asset

CEO of BlackRock, Larry Fink seems bullish on bitcoin in his conversation with Mark Carney, the former Governor of Bank of England, at the Council on Foreign Relations. The CEO’s comments on bitcoin come amid the cryptocurrency briefly surpassing its highs last seen almost three years ago. Fink added that...

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Asset Manager NYDIG Raises $150 Million For Two Bitcoin Funds

New York Digital Investment Group (NYDIG) has raised $150 million for two of its crypto funds. The move intends to bring institutional players to the cryptocurrency scene. As revealed in two separate filings with the U.S. Securities and Exchange Commission (SEC), the NYDIG Fund I had received $50 million while...

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Crypto.com Obtains an Australian Financial Service License

Crypto.com has announced receiving an Australian Financial Service License (AFSL) in order to issue debit cards to the residents of Australia. The license was approved by Australia’s Foreign Investment Review Board, a regulatory body that examines foreign players to invest in Australia. Obtaining an AFSL will enable Crypto.com to work within...

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Tether the Cryptocurrency and it’s Future

The most stable and, at the same time, the most controversial cryptocurrency, Tether, has almost an equal number of supporters and opponents. The digital asset aligned with the United States dollar has become a real salvation for traders, providing a fast and cheap alternative to fiat money, and has expanded...

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Visa Announces Partnership With Circle For International USDC Payment

Visa has recently entered into a partnership with Circle, a team behind USDC, to give access to it. The whole Visa’s network will be able to have access to the International USDC payment through this partnership. Circle will be supporting Visa to integrate USDC payments to credit card issuers. These...

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EOS Held the Mark of $3 - What to Expect Next?

The long-term consolidation of the EOS price in the range of $2.4-2.5 finally paid off in November. Within 2 months, buyers actively bought the entire offer of sellers in this range. The price growth to the mark of $3.89 is for the second time in the range of $2.4-2.5. And...

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XRP Buyers Are in Danger and Risk to See $0.52

The frantic growth of the oldy-moldy XRP coin has revived almost all its holders 3 times in 2 weeks. For almost 3 years, the coin has been systematically falling and in March 2020 set a record low - $0.11. Conscientious investors who bought XRP all the time, in two weeks...

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Binance Supporting ETH 2.0 Staking Program, Rewards For Early Users

Binance has just announced via a blog post, that it is supporting the ETH 2.0 staking program that started on Tuesday, December 02, 2020. As Binance supports the ETH 2.0 staking program, it has promised to give extra rewards to all the early users. The ETH 2.0 staking users will...

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