Devendra's Podcast

Bitcoin Regains Strength, Why Bulls Eye Strong Rally above $40K Bitcoin(BTC) price started a fresh increase above the $38,500 resistance zone against the US Dollar. BTC even broke $40,000 and it is now correcting gains. Bitcoin gained traction above the $38,500 and $39,500 resistance levels. The price is now trading above $40,000 and the 100 hourly simple moving average. White House reportedly sup...

PancakeSwap and CryptoBlades Boast Most Users Across Defi CryptoBlades and PancakeSwap are the top two decentralized Applications (dApps) in terms of total users. CryptoBlades currently has over 380,000 users while PancakeSwap comes in second with nearly 267,000 users. The recent rise of NFT gaming has seen CryptoBlades garner huge interest and propel itself to the summit of most used dApps. Circl...

Cardano Founder Dismisses Technical Analysis Suggesting $ADA’s Price Is Set to Plunge Cardano (ADA) Founder Charles Hoskinson has dismissed technical analysis published by veteran trader Peter Brandt suggesting that the price of ADA could soon plunge after forming a pattern similar to one Litecoin saw in 2018. In technical analysis, a head and shoulders pattern is used to predict a bullish-to-bear...

Bitcoin outflows from centralized exchanges surge to 100K BTC monthly Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020. Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. After hiking by 120% in 24 hours, is this alt the new ‘Dogecoin’ in...

Cardano Will Allow Users to Run Smart Contracts Once Hard Fork Occurs Users will be able to deploy smart contracts once the Cardano hard fork happens. Charles Hoskinson believes most of the upcoming upgrades will happen between August and September this year. ADA is currently priced at $1.37, down from its all-time high of $2.45. Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% The cr...

Division Network collaborates with Enjin to expand its metaverseBlockchain-based metaverse platform Division Network announced a collaboration with leading nonfungible ecosystem provider Enjin. As part of the development, Dvision will deploy Enjin’s APIs to connect its metaverse to five different blockchains. Dvision plans to deploy Enjin’s platform and API to mint unique nonfungible tokens. Ether...

Bitcoin bulls control Friday’s $1.7B monthly options expiryBitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry. On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls will be able to profit from the $40,000 call (buy) options. Syn...

PancakeSwap Crosses 1,000,000 Twitter Followers, What’s Next for This BSC Giant? PancakeSwap has reached another landmark as its Twitter follower count surpasses 1 million. The AMM marked the occasion with a celebratory tweet to thank users for following. The posts seem to indicate that PancakeSwap will reduce the number of $CAKE tokens being minted. XRP jumps 19% as Ripple announces ODL corridor...

Tesla reports record $1B income for Q2 despite $23M impairment loss on BTCTesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its Bitcoin(BTC) holdings. Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. Global Crypto ATM installations...

Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet. Social media platform Reddit announced it would be using scaling solution Arbitrum to handle scaling its Ethereum-based Co...

Shivam Thakral, chief executive officer, BuyUcoin, lives his life by Steve Jobs’ motto, “If you don’t love it, you are going to fail". In India, he considers Zerodha’s Nitin Kamath as his idol because of his simple approach to business and ability to think like a customer for creating products. He spoke to Mint on what inspired him to enter the world of crypto, launch one of India’s earliest crypt...

SpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greener spaces owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greenerMusk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability. Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). However Mu...

Dogecoin (DOGE) trading volumes hit billions of dollars in 2021Data compiled by Coinbase shows that Dogecoin (DOGE) trading volumes surged 1,250% in the second quarter of 2021, as reported by Business Insider. During this period, the American cryptocurrency exchange platform recorded an average of $995 million in Dogecoin trading daily. ADA Plummets To $1 But Colossal Recovery In The OffingCardano...

Institutional demand for Bitcoin evaporates as BTC struggles below $31KA lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level. The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted move downwards materialized in the early hours on Monday and dropped the pri...

Confirmation of this incoming price move for Polkadot Polkadot’s bullish resurgence at $11.7 support fueled optimism in the market and lent support to an extended rise over the coming days. Price move for Polkadot, A rise above 22nd June’s swing low of $13 would provide confirmation of a favorable outcome and once it occurs, traders can opt to long DOT in order to capitalize on the projected hike....

Bitcoin bounces off $31K after Bank of America reportedly greenlights BTC futures tradingBitcoin (BTC) bounces off $31,000 support during Friday as fresh data reinforced the importance of current price levels. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly testing but, so far, not breaking through $31,000 on Friday. Bitcoin bounces off $31k after Bank of America repo...

Get 80K+ Shiba Inu Coins on Sign up!BTC New Bullish Setup Targets $36,000Bitcoin price begins recovery at the drawing board as bulls plan another assault eyeing $36,000. A break above $32,000 may trigger massive buy orders in the near term, boosting the bullish effort. Bitcoin price has been underwater for most of this week. However, as the Asian session nears the tail end on Friday, a bullish ou...

Data shows Polygon (MATIC) has reversed PancakeSwap’s (CAKE) rise Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap. Earlier this year, PancakeSwap briefly became the number one DEX by volume. But thanks to Polygon and its lower gas fee structure compared to layer 1 Ethereum, Uniswap has seen off the challengeEt...

PancakeSwap Continues to Dial-In Deflationary Mechanisms,Burning 80M USD in CAKEPancakeSwap announced that they have burned over $80 million USD worth of CAKE in last week’s token burn. The news was announced through a PancakeSwap Twitter post on July 12th and has the PancakeSwap community ecstatic. The transaction hash shows PancakeSwap has burned 5,368,165 CAKE.Baby Doge Plunges 40% As Hype Dies...

Power Ledger migrates from Ethereum blockchain to Solana despite upgrades Power Ledger decision comes even as the Ethereum blockchain undergoes improvements to make the network better. The Power Ledger blockchain offers a platform for auditing and streamlining the buying and selling of renewable energy. Power Ledger acknowledged it was attracted to Solana’s means of achieving scalability through P...

Axie Infinity Sets ATH As Ethereum-based NFT Game Goes Viral It is a very good day to be an Axie Infinity fan or investor. Axie Infinity’s AXS token rose by 45% overnight, hitting an all-time high price of $18.34. Axie Infinity is a Pokémon-inspired open-world game on Windows, Mac, iOS and Android, where players raise, train and battle adorable little tokenized monsters called ‘Axies. Elon Musk Of...

Axie Infinity NFT Ecosystem Rallies 200% as Metrics Display Parabolic GrowthPokémon-inspired game, Axie Infinity, has been enjoying explosive growth and has even been credited as a key driver for the NFT market according to research from DappRadar. In the last 7 days the native token of Axie Infinity, AXS, has risen by 148%. Over the 14 day period, it’s an even more impressive 279%. BabyDoge to Ma...

Bank of America Launches Crypto Research Team Bank of America has launched a dedicated cryptocurrency research team in a bid to cash on the growing frenzy around the digital asset market. The new crypto research team would be headed by Alkesh Shah and the focus of the research would also include technology tied to the digital asset market. Crypto.com becomes the UFC’s first official crypto platfor...

Visa Customers Have Spent Over $1B On Crypto Linked CardsThis Year Crypto linked cards spending is on the rise. Visa shared this week that consumer spending with Vista-based crypto credit cards has exceeded $1B this year, through just the first six months of the year. Visa customers have spent over $1B on crypto-linked cards this year. Visa also shared this week that it plans on partnering with 50...

The Pavilion becomes the world’s first hospitality franchise to accept cryptocurrencies The hospitality industry is warming up to cryptocurrencies with its first luxury franchise offering crypto transactions to make bookings. The Pavilions Hotels & Resorts has adopted crypto, elevating the experience of modern luxury. Bookings are available via Bitcoin, Ethereum, and over 40 different digital...