Bitcoin Plummets as Jack Dorsey Pivots 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 total fall was more than 20 percent. It has since bounced back up to $47,000. Is this the beginning of the bear run? https://www.coindesk.com/markets/2021/12/04/bitcoin-drops-9k-in-an-hour/…
Bitcoin, Ethereum, Binance at the top of the news 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 to hit $100,000. One analyst, however, says bitcoin could fall another 20 percent in the next few weeks. Billy Bambrough is optimistic. He says the U.S could adopt…
Holy Crypto! Coinbase Nearly Gave Me a Heart Attack 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 wallet address and plug it into my new Unstoppable Domain. Flabbergasted to see that Bitcoin SV made up 95% of my portfolio and was worth billions of dollars, I quickly jumped over…
Justin Sun Resigns as Crypto Market Declines 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 foundation he started will **dissolve in 2022**. **Read Sun’s** ****open letter**** **to the TRON community for yourself.** TRON’s cryptocurrency fell by **more than 8…
Experts Make Crypto Predictions for 2022 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 https://www.amazon.com/dp/173507358X And writing a new book on the history of the top 10 cryptocurrencies by market cap (**more on this later**) Before I get into the news for this week, one short announcement: As you know, I normally publish Cryptocracy on Saturday…
Help Me Choose a Title for My Crypto Book 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 another book. My new book is about the top 10 cryptocurrencies from 2009 through 2021. I take a look, month to month, at which cryptocurrencies lead the market, and then look at where…
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