Crypto News
Argentina's largest two banks to allow crypto trading
Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases.
cointelegraph.com
Dogecoin drops 1% in 24 hours: Key levels to watch out for
Dogecoin price analysis for May 3, 2022, comes on a bearish note for the token with increased chances of losing the $0.13 price region which is currently major support for the bulls. Furthermore, as noted in our DOGE analysis for May 2, 2022, the meme coin has a major resistance region at the $0.14 price region which was earlier major support for the price action. The meme coin will remain in a downtrend until it reclaims the $0.17 price region which is another area of major resistance for Dogecoin.
thecoinrise.com
Algorand (ALGO) Soars 19% on FIFA Partnership
Blockchain project Algorand has signed a partnership with FIFA, becoming the official blockchain sponsor of the 2022 FIFA World Cup that is scheduled to kick off on Nov. 22.
u.today
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024.
bitcoin.com
Weiss Ratings issues warning over crypto mortgage risks
Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States.
cointelegraph.com
Bitcoin Mining Giants Are Selling Bitcoin Call Options As A New “Yield Farming” Strategy
Bitcoin mining giants like Marathon Digital and Riot Blockchain often believe in their HODLing strategy for long-term gains. However, times of consolidation or long-term bear cycles could be challenges. These companies have huge operational costs in terms of equipment investments, hardware, and electricity bills.
coingape.com
Top 3 Metaverse Crypto Coins Below $50 Million Market Cap to Watch in May 2022
Metaverse Crypto coins continue to trade sideways this week as cryptocurrency markets manage to hold support. After last week’s bear market, this makes it an excellent opportunity to pick up some underrated Metaverse crypto coins that could see significant price growth this month.
nulltx.com
Crypto.com (CRO) slumps 30% as staking rewards are slashed
Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week.
cointelegraph.com