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.


How Much AMPL and STA I Earned On Publish0x in June 2022 (And Other Cryptosocial Earnings)

1 Jul 2022 7 minute read 0 comments Allen Taylor

This cryptosocial update comes as just the right time as Scott Cunningham and I recently discussed how cryptosocial earnings are correlated with the market cycle on The MTC Show with my friend Ryan Gerardi. The YouTube video is below. A couple of ho...

BTC Is a Commodity, According to SEC Chair Gary Gensler

29 Jun 2022 3 minute read 8 comments Allen Taylor

Bitcoin mining revenue mirrors 2021 lows, just before BTC leaped to all-time high (ATH). All the metrics say BTC has hit bottom. Still, traders fear a further fall to $10,000. Securities and Exchange Commission (SEC) Chairman Gary Gensler calls bitco...

From the Crypto Crash to the Lunatics, I Feel Pretty Good

27 Jun 2022 2 minute read 2 comments Allen Taylor

What are bitcoin covenants and how do they work? (A MUST-READ) Are miners selling off their bitcoin contributing to bitcoin’s price problem? There are a lot of factors contributing to bitcoin’s price slump. I don’t think we should be worried. Bitcoin...

Bitcoin, Ethereum Electricity Consumption Nose Dives

25 Jun 2022 2 minute read 18 comments Allen Taylor

Ethereum’s electricity consumption dives 50 percent. Bitcoin’s electricity consumption took a nose dive, too. Ethereum miners are reporting less profitability in recent months. A Chinese newspaper warns that bitcoin will fall to zero. Is bitcoin dead...

Uniswap Fees Overtake Ethereum Fees; Moody's Downgrades Coinbase

24 Jun 2022 3 minute read 2 comments Allen Taylor

Uniswap has surpassed Ethereum in network fees. Harmony was hacked and thieves got away with $100 million in ETH, and Optimism lost 20 million tokens in Interlayer snafu. A new Chainalysis report shows that, despite an increase in Layer 1 blockchains...

Explaining the Madness Behind My Crypto Curation Method

22 Jun 2022 7 minute read 2 comments Allen Taylor

It amuses me that, in 2022, there are people who still don’t understand the fine art of curation. Now, I don’t claim to be a genius. I missed that mark in my 20s! Nevertheless, it must be said that there is a difference, a stark one at that, between...

Elon Musk Dumps DOGE, Gets Sued

20 Jun 2022 2 minute read 15 comments Allen Taylor

Bitcoin bounces, jumps above $20k again while Ethereum shoots past $1,100. El Salvador President Nayib Bukele addresses investor concern regarding the bitcoin bear market. How investors are looking at bitcoin right now. Since El Salvador made bitcoin...

Bitcoin Is Losing Ground in the Dark Markets

18 Jun 2022 2 minute read 6 comments Allen Taylor

Good morning! Today, my wife and I set sail (as in, hop in our Chevy Express 1500 van and travel from Pennsylvania to Texas). We’ll be on the road for about a week as we take our time and stroll through Virginia, North and South Carolina, Georgia, an...

Bitcoin's Crash Isn't Over Yet (And Other Tales From Crypto)

17 Jun 2022 3 minute read 5 comments Allen Taylor

3 metrics indicate the bitcoin crash isn’t over. Still, BTC is undervalued. Bitcoin Magazine warns: As the price continues to fall, don’t trust custodians. Read all three of these and take them to heart. The fall isn’t over, bitcoin is undervalued, a...

The Ballad of Bitcoin's Fall to $20,000

15 Jun 2022 4 minute read 11 comments Allen Taylor

When the bear run started last year, I thought for sure bitcoin would fall to $20,000. It didn’t. It fell to $35,000 and stopped, hovered in that neighborhood for a while. At one point, it bounced up to $47,000 before falling again. Since then, it’s...