JPMorgan Blockchain Payment System to Launch in Japan – December 11

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,229

Bitcoin price has trickled down 1% over the last 24 hours, as volatility remains low.

Top-20 altcoins are also relatively stable, once again with very small decreases in price across the board. Ethereum is down 1%, while XRP is almost unchanged.

Tether has shot up to $1.04, the cause of which remains to be seen,

Top Stories for December 11, 2019 🔥

👉 JPMorgan Blockchain Payment System to Launch in Japan

JPMorgan is looking to launch their blockchain-based payments network in Japan in January next year.

The system, named “Interbank Information Network” (IIN), is based on a permissioned version of the Ethereum blockchain, called Quorum.

It is designed to enable to help banks to exchange information instantly, reducing friction in international payments.

👉 Binance Defends Matic After 60% Crash

Binance CEO Changpeng Zhao has supported MATIC in denying any involvement of their team dumping tokens on investors, in its recent flash-crash.

The coin fell from its high of 562 Satoshis to just 195 in a matter of hours, with many claiming that a majority of the team’s tokens had been sent to the exchange before the drop.

👉 Ripple Launches xSongs XRP Marketplace for Music

Ripple has released a beta version of their xSongs music marketplace, which will allow users to purchase music with XRP.

Artists will be able to set their own prices, and receive 100% of revenue generated by their work in XRP. Aside from XRP, no other forms of payment will be integrated into the platform.