@cryptocracy
@cryptocracy
The Tale of Three Mayors and Bitcoin Guess what? Ethereum now has a market cap **higher than Visa or JPMorgan**. Meanwhile, the Luna market cap has hit **$38 billion**. Oh, and speaking of JPMorgan and Ethereum, the finance company says the blockchain is a better bet than Bitcoin **as interest rates rise**. Bakkt must think so too because they’ve **added ether** to their investor offerings.…
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A Historic Week With Bitcoin and Ether 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 before sliding. BTC is now **below $64,000** and ETH has fallen to **nearly $4,600**. Should we expect another rise this year?…
@cryptocracy
Practical Applications of Blockchain Technology About a month ago, I shared an excerpt from my forthcoming book *Cryptosocial: How Cryptocurrencies are Changing Social Media*. The book is due to publish in March 2022. Today, I want to share another excerpt. https://read.cash/@cryptocracy/introduction-to-cryptosocial-the-book-fcf4dc29 **// BEGIN //** When primitive man wanted to travel from Argos to the banks of the Yellow River, he invented a circular object and called it a…
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Brave's New Wallet and the DAO That Lost the Constitution **Hot news:** Brave browser has launched an **in-browser crypto wallet** and one of its features is NFT storage. https://www.inputmag.com/tech/brave-launches-free-in-browser-crypto-wallet-with-mobile-support-to-come Perhaps the most interesting news this week involves a DAO—decentralized autonomous organization. A DAO called ConstitutionDAO **raised $46 million** to buy a copy of the U.S. Constitution from auction…
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Rumor Has It: India Caused the Black Friday Crypto Crash 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** of the coronavirus. And the Bank of England says **bitcoin is too volatile** to be used for legal tender. El Salvador doesn’t care. She’s **shooting the…