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.


Bitcoin Stumbles And Celsius Pauses Transactions

13 Jun 2022 1 minute read 7 comments Allen Taylor

Bitcoin has fallen below $24,000. Does bitcoin have any intrinsic value? There’s a great discussion on intrinsic value going on at that last link. I encourage you to join in. Celsius halts all tractions. Could there be more to this than a market down...

Small Businesses Could Lead the Bitcoin Payments Revolution

11 Jun 2022 3 minute read 0 comments Allen Taylor

Bitcoin miners in Washington state will see a 29 percent increase in hydroelectric energy cost. Speaking of bitcoin, could it be that small businesses will usher in the grand old age of BTC as a payments channel? That’s possible, but Ethereum foundin...

These 2 Lawsuits and 1 Congressional Bill Could Determine if Cryptocurrencies Are Securities

10 Jun 2022 4 minute read 0 comments Allen Taylor

Earlier this week, a bi-partisan bill addressing the nature of cryptocurrencies seeking to define individual coins and tokens as either securities or commodities entered the national discussion on cryptocurrencies. The National Law Review has made so...

Bi-Partisan Crypto Bill Will Likely Make a Huge Impact - If It Passes

8 Jun 2022 3 minute read 20 comments Allen Taylor

A bi-partisan bill has been introduced in Congress that would draw a distinction between cryptocurrencies that are securities and those that are commodities. Ten ways this legislation could be impactful. This would be landmark legislation if passed....

Bitcoin Could Be The Ultimate Equalizer, And Johnny Depp Has NFT Game

6 Jun 2022 2 minute read 8 comments Allen Taylor

Bitcoin is destined to be one of the best assets on planet earth. Some might say it already is. It could also be the ultimate equalizer. The Bored Ape Yacht Club’s Discord server was hacked. Hackers got away with $360,000 worth of NFTs. Binance...

If There's a Crypto Winter on the Way, Who's Going to Cause It?

4 Jun 2022 2 minute read 7 comments Allen Taylor

Since I’m on a camping trip this weekend with my family, I’m going to keep today’s issue short. I hope you enjoy! Crypto exchanges Coinbase and Gemini are enacting hiring freezes and downsizing. In Coinbase’s case, they’re also rescinding some job of...

The Crypto Market is Down, But I'm Not One Bit Worried

3 Jun 2022 8 minute read 2 comments Allen Taylor

My May earnings are way down, for a couple of reasons. First, bear market! Well, I’ve noticed earnings have been sliding along with the prices in crypto. That’s nothing to sneeze about. But another thing happened early in May. TerraUSD (UST) depegged...

Bitcoin Rallies, Tether Dallies, and Terra Lays An Egg Named Tron (You Don't Say?)

1 Jun 2022 4 minute read 2 comments Allen Taylor

Bitcoin rallies to over $32,000. Here’s something bitcoin has never done before. Of course, May was a rough month for bitcoin, but that hasn’t stopped the world’s leading cryptocurrency from maintaining its position as the 10th most valuable asset in...

Women To Lead Next Bitcoin Bull Run, Tim Draper Says

30 May 2022 2 minute read 15 comments Allen Taylor

Bitcoin set a new 9-week losing streak. Famed crypto investor Tim Draper says women will drive the next bitcoin bull market. I guess they’ll take the bull by the horns. Ethereum gas fees have dropped to near-record lows. Naturally, gas fees will resp...

Terra Luna Airdrop, Coinbase Executives Pocket $1.2 Billion, and Tether Launches on Polygon ...

28 May 2022 2 minute read 0 comments Allen Taylor

Coinbase executives, including CEO Brian Armstrong, sold off shares of the company and put $1.2 billion in their pockets. Could this be why shares are in decline, or do they see the writing on the wall? What signal does it send if the top echelon of...