Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

Select major cryptocurrencies are showing signs of resuming their uptrend. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC…

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JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut

JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut

By CCN: The other shoe could be about to drop in the economy. JPMorgan economists in a report predict the second quarter will witness slowed economic growth. They’re expecting U.S. GDP to expand by a measly 1%, lower than their original predictions of 2.25%. During Q1, the economy expanded at a rate of 3.2%. The…

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3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls

3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls

By CCN: Siam Commercial Bank, Thailand’s third-largest financial institution, quietly teased some tantalizing news that should kick the Ripple (XRP) rumor mill into high gear. SCB Thailand Taps Ripple for Blockchain Payments Already, SCB Thailand launched a blockchain platform that uses the Ripple company’s xCurrent system to facilitate cheaper cross-border money transfers. Now, the Thai financial…

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Ripple Prices Ranging, Will Siam Commercial Bank Leverage XRP?

Ripple Prices Ranging, Will Siam Commercial Bank Leverage XRP?

XRP up 3.2 percent.  Thailand’s oldest bank, Siam Commercial Bank (SCB), to pioneer Ripple’s Multi-hop. Siam Commercial Bank (SCB) will pioneer Ripple’s Multi-hop feature, although the public will wait for further announcement on whether the bank will utilize XRP in their future transactions. Meanwhile, XRP is ranging, adding 3.2 percent from May 23rd close. Ripple…

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Bitcoin Ceiling at $8,500, But AT&T’s Stamp of Approval Is Bullish

Bitcoin Ceiling at $8,500, But AT&T’s Stamp of Approval Is Bullish

Bitcoin capped at $8,500 AT&T now accepts Bitcoin, partners with Bitpay An observer is of the view that the next Bitcoin will not be “ Bitcoin” or even a cryptocurrency. If that is correct, it may explain investors’ renewed optimism now that Wall Street is increasingly accepting, interpreting positives from the world’s most valuable asset. Bitcoin

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Bitcoin Data Giant CoinMarketCap Sponsors Major Israeli Football Club

Bitcoin Data Giant CoinMarketCap Sponsors Major Israeli Football Club

By CCN: Crypto price-tracking website CoinMarketCap is sponsoring the Beitar Jerusalem Football Club, an Israeli soccer team. And Israel’s most famous footballer, Yossi Benayoun, is a bitcoin investor. Benayoun retired from Beitar Jerusalem last month. Beitar Jerusalem Scores CoinMarketCap Sponsorship Luke Wagman, the CEO of CoinMarketCap, proudly touted the news on Twitter. A giddy Wagman…

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This FANG Stock Could Benefit from Tesla’s Pain in Autonomous Car Wars

This FANG Stock Could Benefit from Tesla’s Pain in Autonomous Car Wars

By CCN: Now that the battery on Tesla’s stock is running on empty, investors might want to consider other options. Alphabet (GOOGL), which is the parent company of Google, could get a boost from Waymo, the search giant’s autonomous vehicle subsidiary. On CNBC’s Fast Money, Guy Adami gave the bullish case for Alphabet’s stock, saying:…

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Binance Coin (BNB) Price Jumps Following Screenshot of Margin Trading

Binance Coin (BNB) Price Jumps Following Screenshot of Margin Trading

Binance Coin (BNB) continues to be one of the top earning cryptocurrencies in 2019. Since the start of the year, the native token to the leading cryptocurrency exchange Binance is up over 460 percent, with little halt in sight as the crypto markets turn even more bullish. As previously reported by EWN, the rumor mill…

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A Swiss Stock Exchange to Launch a CHF Stable Coin

A Swiss Stock Exchange to Launch a CHF Stable Coin

Switzerland’s leading stock exchange is developing a stable coin whose value is pegged 1-to-1 with the European nation’s currency, the Swiss Franc. The SIX Swiss Exchange will utilize the stable coin in transactions carried out on the Six Digital Exchange. The Zurich based exchange has, however, not made it clear whether the stable coin will…

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