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.


Check out Crypto's New Pink Ribbon

1 Jan 2022 2 minute read 0 comments Allen Taylor

Happy New Year, crypto lovers! Crypto gets a pink ribbon! The Susan G. Komen Foundation, the largest breast cancer charity in the world, now accepts cryptocurrencies. More of these kinds of headlines will lead to mass adoption. In case you missed it,...

4 Crypto News Stories You Want to Read Today

29 Dec 2021 1 minute read 3 comments Allen Taylor

Bitcoin Dominance Rate Declined Bitcoin’s dominance rate has approached a yearly low. This past week, it’s fallen below 40 percent. Earlier in the month, Ethereum’s market cap became less than 50 percent of Bitcoin’s. That was a significant event and...

Help Me Title My Next Crypto Book

28 Dec 2021 1 minute read 8 comments Allen Taylor

Friends and followers who have been with me awhile know that I've written a book titled Cryptosocial: How Cryptocurrencies Are Changing Social Media. The book is due to publish through Business Expert Press in March 2022. While I was waiting, I wrote...

Ethereum's New Testnet and Crypto Predictions for 2022

22 Dec 2021 3 minute read 2 comments Allen Taylor

Welcome to the mid-week edition of Cryptocracy. I’ve been very busy lately doing two things: Promoting my book I Am Not the King, primarily through podcast appearances And writing a new book on the history of the top 10 cryptocurrencies by market...

Justin Sun Resigns From Tron to Become a Diplomat

18 Dec 2021 3 minute read 5 comments Allen Taylor

In a wildly unexpected move, Justin Sun resigns as CEO of the Tron Foundation. He’s giving up his post to become a diplomat for Grenada. Sun said his new mission is to focus on legitimizing blockchain technology at the nation-state level and that the...

Why Coinbase Nearly Gave Me a Heart Attack

15 Dec 2021 1 minute read 4 comments Allen Taylor

Imagine logging into your exchange account and seeing your account balance at more than $1 billion and thinking you hit a freaking oil well. That happened to me this afternoon shortly after 4 p.m. I was just logging in to Coinbase to copy my BTC wall...

Bitcoin's Hash Rate Nears All-Time High

11 Dec 2021 2 minute read 2 comments Allen Taylor

The Bitcoin hash rate is nearing an all-time high of 172 million terahashes. That’s good considering that bitcoin fell below $50,000 this week. The biggest fool in finance wants to tell you why. Despite the fall, Bloomberg Intelligence is calling for...

Bitcoin Trips as Jack Dorsey Bows

4 Dec 2021 3 minute read 4 comments Allen Taylor

You’ve probably looked at your crypto holdings by now and noticed that bitcoin has fallen. In fact, early this morning, bitcoin fell $9,000 in one hour. That’s like a Mack truck hitting a cement wall. BTC hit $42,000 before bouncing up again. The tot...

Was the Black Friday Crash Caused by India?

27 Nov 2021 2 minute read 8 comments Allen Taylor

Black Friday erased billions of dollars in value from the crypto market as the market tripped like a drunk sailor in a red light district. Bitcoin hit a six-week low, losing 20 percent from its all-time high as some people blame it on a new variant o...

Meet the DAO That Lost a Bid for the U.S. Constitution

20 Nov 2021 2 minute read 0 comments Allen Taylor

Hot news: Brave browser has launched an in-browser crypto wallet and one of its features is NFT storage. Perhaps the most interesting news this week involves a DAO—decentralized autonomous organization. A DAO called ConstitutionDAO raised $46 million...