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.


Ethereum Whales, Arbitrum, Bitcoin Mining, and My Mintable Cigar

27 Feb 2023 2 minute read 3 comments Allen Taylor

Good morning, crypto peeps! I’m trying something different. I recently posted one of my published poems on Cent Pages to make it available for minting. I’d be honored if you check it out, and if you like it, you can be one of only 10 persons who owns...

Will YouTube Dive Into Web3 Waters?

24 Feb 2023 5 minute read 3 comments Allen Taylor

Last week, CoinTelegraph reported that YouTube promoted Web3-friendly Neal Mohan to CEO of the world’s second largest search engine. Everyone’s talking about. It’s big news. All the boring people are as excited as pop rocks in a bounce house. And, fr...

Bitcoin's Movements Make 2023 Look Like 2017

20 Feb 2023 4 minute read 0 comments Allen Taylor

If you haven’t heard already, Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!) has launched. It hit the public airwaves on Friday and by Sunday afternoon had achieved No. 1 best-selling status in four different Amazon cate...

8 Web3 Social Media Protocols and Platforms You May Not Have Heard About Yet

17 Feb 2023 5 minute read 11 comments Allen Taylor

There’s been a lot going on in crypto lately. Earlier this week, Cryptocracy reported on the Securities and Exchange Commission (SEC) taking action against Paxos over Binance’s stablecoin BUSD. This followed on the heels of the SEC forcing Kraken to...

Web3 Wednesday: Bitcoin, Blur, and a Bored Ape Burned Like a Used Lamborghini

15 Feb 2023 3 minute read 0 comments Allen Taylor

Bitcoin miners have earned almost $600,000 from Ordinals transactions. A Bored Ape Yacht Club (BAYC) NFT owner burned BAYC #1626 said “it’s kind of fun” to throw a Lamborghini into a trash compactor. Jason Williams attempted to convert the Ethereum-b...

Bitcoin Pioneer Adam Back Predicts BTC to Reach $10 Million by 2032

13 Feb 2023 3 minute read 15 comments Allen Taylor

Get it while it’s hot: As you may know, I’ve been experimenting with Cent. My most recent Web3 social earnings report is available for minting at just $2. Only 18 left to claim. This has me stoked because just a few weeks ago, I couldn’t make NFTs on...

Web3 Social Earnings: January 2023

10 Feb 2023 6 minute read 5 comments Allen Taylor

I totally forgot to share my January 2023 earnings from Web3 social media last week. Two reasons: I’ve been very focused on the February 15 book launch of Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!). And a week of...

OpenSea, Blur Spar in the NFT Ring to Establish Dominance

8 Feb 2023 2 minute read 2 comments Allen Taylor

How much bitcoin has been lost due to misplaced keys and forgotten passwords? Bitcoin Casino estimates the number to be around $24 billion. The downside to crypto is that mistakes can be very costly. NFT platform Blur has made a huge jump in sales si...

This Week Was a Sad, Sad Week in Crypto

6 Feb 2023 2 minute read 11 comments Allen Taylor

Is the price of bitcoin propped up again? Can one achieve financial independence through bitcoin? 65 percent of institutional investors believe bitcoin could hit $100,000. Ripple has purchased $8.4 billion in XRP from secondary markets since its laws...

NFTs: How They Will Create Internet Fast Lanes

3 Feb 2023 1 minute read 0 comments Allen Taylor

Leave it to Bitcoin. The real purpose for NFTs has finally been found. Bloomberg reports that the launch of Ordinals, an NFT protocol layer for the Bitcoin network, has driven up the cost of transaction fees. We saw the same thing with Ethereum, w...