Devendra's Podcast

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 currencies.

EY publishes an Ethereum scaling solution to the public domain

Global auditing giant Ernst & Young has released the third iteration of its zero-knowledge proof Ethereum(ETH) scaling solution. Ernest & Young's (EY's) attempts to promote secure and private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3.

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Ethereum, Cardano, Ethereum Classic, and Dfinity Lead Altcoin Surge

Market-wide gains can be observed across most of the top cryptocurrencies today. The prices of major altcoins like Ethereum, Cardano, Ethereum Classic, and Dfinity all surged today as crypto markets grew 5.21% overnight to take a market cap of $1.52 trillion, according to crypto data aggregator Nomics.

Whales Grabbing Bitcoin as 1k – 10k Wallet Supply Sees Sharp Rise

Bitcoin whales are accumulating the flagship crypto on the dip, ignoring the negative news coming from China and the world’s central banks. Right now the number of BTC users has hit all-time highs for 2021. Woo indicates a major rise in the number of Bitcoin entities. 

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Is Bitcoin The New Gold? Indians Pour Billions Into Crypto

Despite the bans, the crypto market has boomed in India. With citizens saying that they preferred to put their money in Bitcoin than they would in gold. The number of people buying and selling cryptos in 2021 in India now totals more than 15 million. In contrast, there are 23 million traders in the U.S. and only 2.3 million crypto traders in the U.K.

Grayscale Adds Cardano to Its Cryptocurrency Investment Fund

Crypto investment firm Grayscale today added Cardano (ADA) to its Digital Large Cap Fund. The New York City-based company announced that the altcoin would make up 4.26% of the fund. Most of Grayscale’s Digital Large Cap Fund is still Bitcoin (67.47%) and Ethereum (25.39%) but the company wanted to add Cardano, the fifth-largest cryptocurrency by market cap, to diversify its portfolio, it said.

Elon Musk Pushes Dogecoin Price Up with Raunchy Meme

The Tesla boss has just taken to Twitter to post his version of the “Man Distracted By Laptop” meme. Musk’s innocuous tweet was able to instantly push the price of Dogecoin by over 3% in two minutes, proving that his market-moving powers are alive and well. However, the jump has proven to be rather short-lived.

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Bitcoin Price Reaches Key Support, Why BTC Could Start Fresh Increase

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching major support near $32,350, where the bulls might take a stand. Bitcoin failed to stay above the $35,000 support zone and it started a fresh decline. BTC broke the $34,000 support zone to move into a short-term bearish zone.

Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry

A $2,200 Ethereum price would give bulls a $28 million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July. Ether's (ETH) $1.5 billion monthly expiries on June 25 was slightly favorable for bears, and at the time, Cointelegraph reported that the $2,200 price was critical to eliminate 73% of the neutral-to-bearish put options.

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USDC set to become ‘dominant’ stable coin on Ethereum

Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stable coin on Ethereum thanks to its popularity in Defi according to Messari. Research by the analytics firm revealed that the demand for USD Coin has grown so much that it has consumed a large chunk of Tether’s market share this year.

Katy Perry To Launch Her First NFTs On The Theta Network

Pop singer Katy Perry has announced the launch of her first-ever NFTs on the Theta Network, coming Q4 this year. Those who are interested can register to receive email or SMS notifications when they drop. Perry is no stranger to cryptocurrency, having posted the infamous “Crypto Claws” pic on Instagram in early 2018.

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Revolut enables Polkadot (DOT) trading for its 15 million users 

One of the most prominent UK challenger banks, Revolut, has added Polkadot (DOT) cryptocurrency trading to its app. The news was announced via its Twitter account on June 30. The London-based fintech company tweeted, “DOT has just dropped on Revolut,” indicating the Defi crypto-asset would be accessible to purchase, trade, and keep via its app.

For the first time, Ethereum surpassed Bitcoin in terms of metric

 Bitcoin and Ethereum markets witnessed buying pressures emerging over the past couple of days after both assets witnessed a drop over the past week. As the market embarked on the recovery path, Ethereum supporters re-ignited the argument that the altcoin can beat Bitcoin.

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