Ripple CEO gives take on JPMorgan Coin – February 15

Current Bitcoin Price: $3593 (as of 12:00 AM PST)

Average movement across the market today is reading positive 0.2%. Of the top three cryptocurrencies, Ethereum is the only one in the green (up 0.16%), while both Bitcoin and XRP have fallen (down 0.1% and 1.0% respectively).

This suggests that the majority of positive growth is accounted for by smaller coins, which is the same impression you get scrolling through the lists. TRON, Stellar, and Binance Coin are all up more than 3%, while Tezos and Ontology have shot up by 7% and 22% respectively.

Top Bitcoin & Crypto News Stories for 15th February 2018

Ripple CEO gives take on JPMorgan Coin

In yesterday’s newsletter, we announced the intentions of JPMorgan Chase — the major US bank — to create a proprietary cryptocurrency to settle internal payments transactions.

Naturally, Brad Garlinghouse — CEO of the Ripple Foundation, which is designed to facilitate payment operations within and between banks — shared his take on Twitter:

“As predicted, banks are changing their tune on crypto. But this JPM project misses the point…”

Binance to delist SALT and SUB, among others

It’s a sad time when exchanges delist coins from their platforms, as it often signifies a waning interest in and ultimately the death of those coins. With an exchange as big and as eclectic as Binance, delistings are an all-too-common occurrence.

Among a handful of other cryptocurrencies, Binance will be delisting SALT and Substratum (SUB) — two projects which were once the center of much attention. This has sent the price of the two coins plummeting by 10 and 30 percent respectively.

LeapDAO launches plasma mainnet

Plasma networks are an off-chain solution to scaling the Ethereum network, much like the Lightning network is to the Bitcoin network.

LeapDAO, formerly known as PARSEC labs, has just unveiled the mainnet of its plasma network. This has garnered much attention for the simple reason that the team created with a $50,000 grant what has taken the OmiseGO project longer to achieve after a $25,000,000 ICO.