Devendra's Podcast

The founder of Polkadot (DOT) has announced a $774 million development fund for DeFi Gavin Wood promised $774 million available to be spent on creative ideas following the DOT rally last week, which was fueled by the revelation of Polkadot(DOT) highly anticipated para chain auctions. Wood posted on Twitter, encouraging DOT holders to submit ideas for expanding the network’s reach. If Ethereum mana...

El Salvador Converting Their USD to BTC amidst Rises in Bitcoin Interest El Salvadorans are utilising US money to purchase bitcoin as interest in the asset class grows. A month after El Salvador’s Bitcoin law went into force, interest in the cryptocurrency has continued to rise as a higher number of citizens change their USD into BTC.El Salvador’s in-house crypto wallet software – Chivo – has repo...

BTC’s price continues to rise to $60,000 amid a whale-buying frenzy The Bitcoin(BTC) price begins the new week trading above $56,000, as the distance to $60,000 shrinks. BTC’s potential grows with each passing day, aided by a large collection of whales. Bitcoin finished the weekend with a spectacular move above $56,000. Regardless of criticism, Shiba Inu may have a “message” to communicate Shiba I...

Google and Bakkt have teamed up to bring Google Pay to cryptocurrency users Bakkt has formed another agreement to increase the number of cryptocurrency payment methods available. It's with Google Cloud this time. Bakkt, a digital asset marketplace, has teamed up with Google to make cryptocurrencies more accessible. Google and bakkt have teamed up to bring Google pay to cryptocurrency users. As a r...

Axie Infinity continues to show hints of a bright future after a 750% increase Right now, Axie Infinity's native token AXS has been on a tear over the last several months. This coin is now ranked 30th on CMC after experiencing a multi-percentage increase recently. Its market capitalization has already surpassed $6.6 billion. The protocol's revenue has also skyrocketed in recent weeks. Crypto trans...

According to a survey, 50% of Africans invest in cryptocurrency to pay for their children's education The majority of cryptocurrency owners in Nigeria, Kenya, and South Africa do so in order to offer a better future for their children. According to a recent poll, the majority of cryptocurrency investors in Kenya, Nigeria, and South Africa entered the digital asset market with long-term aims in min...

El Salvador Makes First Moves Toward Bitcoin Mining Using Volcanoes El Salvador's president, Nayib Bukele, recently uploaded a Twitter video demonstrating the country's "initial steps" toward enabling Bitcoin mining using renewable energy. The video gave a glimpse of a new volcanic geothermal Bitcoin mining plant under construction in El Salvador, the first country to adopt Bitcoin as legal cash....

Ethereum Maintains Its Stronghold at $2,750: A Growing Case for Growth In terms of the US Dollar, Ethereum(ETH) retested the $2,750-2,780 support zone. The price of ETH is recovering, and it needs to break through $3,000 to begin a consistent rise in the short term. After testing the $2,780 level, Ethereum began an upward correction. The price remains below $3,000 and the 100 hourly simple moving...

Ethereum is at a critical juncture, which is why bulls may struggle Ethereum(ETH) failed to overcome a significant barrier near $3,165 against the US dollar. The price of ETH is falling, and it is still at risk of falling below $2,800. Above $3,000, Ethereum began an upward correction, but it failed near $3,165. The price is currently trading below $3,000 and below the 100 hourly simple moving ave...

RippleX provides a $2 million grant to promote NFT solutions on the XRP Ledger Ripple(XRP) may not be the most beloved corporation in the crypto-verse, but its resilience and willingness to develop in the face of adversity is admirable. RippleX, Ripple's branch dedicated to accelerating the development of innovations based on the XRP Ledger, has announced its first wave of XRPL grants and is fully...

Despite a stagnant global cryptocurrency market, Cosmos has reached an all-time high Cosmos (ATOM) blew up 10.74% overnight to set a new price of $39.58, according to crypto data aggregator Nomics, despite the fact that crypto's total global market cap of $2.51 trillion has barely moved in the last twenty-four hours. Cosmos broke the $40 barrier Wednesday, reaching an all-time high of $40.76. Bitc...

Avalanche raises $230M following the sale of higher than 1500% returning AVAX Avalanche(AVAX) has recorded tremendous growth, despite the market trend being increasingly bearish. The asset, at press time, was returning 1,589% to investors year-to-date after it rallied to $63.62. AVAX also registered a strong surge of almost 30% in one 24-hour window, a consequence of the latest updates to the ecos...

Ethereum Prints Bullish Breakout, Why Dips Turn Attractive Ethereum(ETH) was able to extend its rally above the $3,500 resistance zone against the US Dollar. ETH price is gaining pace and it might continue to rise towards the $3,800 level. Ethereum started a steady increase above the $3,500 and $3,550 resistance levels. The pair is correcting gains, but dips could be limited below $3,450 in the ne...

Polkadot is en route to a new all-time high even after a 256% rally The recent 256% recovery by Polkadot (DOT) over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin's $39 billion market capitalization has outperformed Ether (ETH) by 66% over the past thirty days. The price of Elrond (EGLD) is hitting...

Ethereum Must Clear $3,400 For Hopes of a Fresh Increase Ethereum(ETH) is facing a major resistance near $3,400 against the US Dollar. ETH price could start afresh decline if it fails to clear the $3,400 resistance zone. Ethereum extended its decline below the $3,250 and $3,200 levels. The price is now trading well below $3,400 and the 100 hourly simple moving average. El Salvador reportedly grant...

Institutional interest in Litecoin on the rise, Grayscale Litecoin Trust up by 32% Institutional interest in Litecoin(LTC) on the rise, Grayscale Litecoin Trust up by 32%. Institutional interest in Litecoin is on the rise. While it is known as the “silver” to Bitcoin’s gold, that narrative is changing. It looks like Litecoin might be standing independently, since institutions and retail investors...

Institutions remain bullish on Cardano and Ether while BTC outflows persist Ethereum(ETH) and Cardano(ADA) continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. Ether was the favoured asset among institutional inve...

Tezos (XTZ) price has gained 85% this month Tezos(XTZ) network is a self-amending blockchain that is capable of being upgraded over time without the need to undergo a hard fork. Altogether, the Tezos network has undergone seven successful upgrades since launching and three of them occurred in 2021. The most recent 'Granada' upgrade was implemented on Aug. 6. New Poll Shows One in Ten Americans Now...

DeFi TVL hits a record $157B as Ethereum competitors attract investors Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high. Data shows that a majority of the top-10 DeFi tokens gained more than 20% in the past 30-days, with projects like Bancor (BNT) and THORChain (RUNE) seei...

Bitcoin hash rate triples since June 28 in recovery from China syndrome Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. The hash rate for the Bitcoin (BTC) network has made a remarkable recovery since it crashed following China’s crypto mining clampdown earlier this year. The Bitcoin hash rate has now topped 150 Exahashes, or o...

BTC Taps $50000 For The First Time Since May Amid Extreme GreedBTC taps $50000 since May while bulls shift attention to $60,000. BTC’s technical picture remains bullish, suggesting that this is a bull cycle. Bitcoin price continues with the recovery from $44,000 during the weekend session. BTC taps $50000 for the first time since May amid extreme greed. As expected, settling above $48,000 triggere...

Poly Network hacker returns $258M, conducts AMA on how it went down $258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and conducted a question and answer session detailing how the initial hack wen...

Cardano price is hot, but data shows pro investors haven't warmed up yet ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA) has been in the spotlight lately and this is partly because of its early 2021 price performance and the fact that its a huge fan base. Dogecoin and Shiba Inu fetch 50% gains as altcoins rally New use cases and a m...

Tether claims to have increased total assets by $21B in new accounting review Tether(USDT) Holdings has been disclosing its reserves and liabilities as part of a settlement with the New York Attorney General’s office in February 2021. Tether Holdings Limited, the company behind the USDT stable coin, released an independent accountant report on Monday claiming that its tokens are fully backed by it...

Top Crypto Trader Predicts End of Dogecoin’s Bear Trend, Says One Sleeping Giant Could Be Ready To Surge A high-profile trader says that Dogecoin (DOGE) and one other asset are preparing for liftoff as Bitcoin edges toward $45,000 and Ethereum reclaims $3,000. In a tweet to his 156,000 followers, Smart Contractor predicts that Dogecoin will break out of its bear trend and skyrocket to as high as $...