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'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...

The Practical Applications of Blockchain Technology

17 Nov 2021 2 minute read 0 comments Allen Taylor

Three days ago, I shared an excerpt from the introduction of my forthcoming book titled Cryptosocial: How Cryptocurrencies are Changing Social Media. Today, I want to follow that up with another excerpt. This time, we're in chapter one of the book. I...

Who Else Might Facebook and Twitter Silence?

14 Nov 2021 1 minute read 18 comments Allen Taylor

Earlier this year, I completed a book I was writing titled Cryptosocial: How Cryptocurrencies Are Changing Social Media. The book is due to release in March 2022 by Business Expert Press. The following is an excerpt from my book's introduction. But f...

BTC, ETH Make History Again While Making the Biggest Polluter List

13 Nov 2021 2 minute read 0 comments Allen Taylor

This was a historic week in cryptocurrencies. Bitcoin and Ethereum both hit all-time highs. Investors are ecstatic. Ether hit its all-time high on Monday and continued climbing past $4,800 on Wednesday before falling again. Bitcoin went over $68k bef...