Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


The Great Bitcoin Salary Epidemic of 2021

6 Nov 2021 2 minute read 2 comments Allen Taylor

Guess what? Ethereum now has a market cap higher than Visa or JPMorgan. Meanwhile, the Luna market cap has hit $38 billion. Oh, and speaking of JPMorgan and Ethereum, the finance company says the blockchain is a better bet than Bitcoin as interest ra...

Let's Hear It For ETH, Shiba Inu, and the Metaverse

30 Oct 2021 2 minute read 2 comments Allen Taylor

Ethereum has burned $2 billion of ETH since August 5. Even better news, ether hit an all-time high of $4,459.20 on Friday. Oh yeah, and Shiba Inu has become ETH’s biggest burner. Take that Elon! In your eye DOGE! Facebook is rebranding and changing i...

All-Time High: Crypto Market, Bitcoin, and Ethereum, Plus What About Solana?

23 Oct 2021 1 minute read 0 comments Allen Taylor

The total crypto market cap hit an all-time high this week. $2.6 trillion dollars. That’s bigger than Apple, the world’s largest company. Ethereum also hit an all-time high. As did bitcoin, which got real close to $67,000 on Wednesday. Today, it’s ba...

China Has Lost Its Lead in Crypto Mining to the U.S.

16 Oct 2021 1 minute read 0 comments Allen Taylor

China has given up its lead in crypto mining to the U.S. Following close behind is Kazakhstan. Countries where bitcoin has been banned. And, yes, China is on the list. One bitcoin miner in England stole almost $44,000 worth of electricity. He’ll be s...

Cryptosocial: Introduction to the Book

15 Oct 2021 2 minute read 6 comments Allen Taylor

The following is an excerpt from my forthcoming book Cryptosocial: How Cryptocurrencies Are Changing Social Media. The book will release later this year from Business Expert Press. This excerpt is from the introduction.   // BEGIN // The year 2020 ro...

Will the Fed Fall in Love with CBDCs, or Not?

9 Oct 2021 3 minute read 5 comments Allen Taylor

Last week, Cryptocracy reported that Jerome Powell, chairman of the Federal Reserve, said publicly that there are no plans to ban cryptocurrency. Now, several lawmakers have sent him an open letter inquiring about his support for digital currencies....

Only 4 Days Left to Join My Book Launch Team

6 Oct 2021 1 minute read 2 comments Allen Taylor

Last summer, 2020, I launched a book titled I Am Not the King. It is a sort of spiritual memoir, my testimony of faith in Jesus Christ. What happened is, I launched the book, but because I was so busy with a lifestyle change I didn't do very much pro...

Bitcoin Pumps, Ethereum Slumps Into Shadows, and Coinbase Bends Over for Hackers

2 Oct 2021 2 minute read 3 comments Allen Taylor

Bitcoin dipped below $40K again this week before shooting back up to $47,000. Its price at press time = $47,676.73. The market may have been reacting to Fed Chairman Jerome Powell saying there are no plans to ban cryptocurrencies in the U.S. Coinbase...

The Battle Between Coinbase and U.S. Regulators Intensifies

25 Sep 2021 2 minute read 17 comments Allen Taylor

Earlier this month, the SEC threatened to sue Coinbase over its lending product Coinbase Lend. This made Coinbase CEO Brian Armstrong flipping mad. So mad, in fact, that he went on a Twitter tirade that carried the same weight as a bikini-clad fat wo...

Binance Under Investigation While AMC Sells Tickets for Cryptocurrencies

18 Sep 2021 2 minute read 9 comments Allen Taylor

The U.S. Commodity Futures Trading Commission is investigating Binance now for alleged insider trading. This is very significant. It indicates that crypto is not only on the radar of regulators, but it carries with it severe criminal penalties for ma...