1. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  2. Brazilian Bitcoin Exchange wins in court verdict against Banks
  3. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  4. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  5. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  6. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  7. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  8. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  9. Binance’s Positive Initiative to Eliminate Money Laundering
  10. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  11. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  12. Bitpay to Provide Stablecoin Support for Merchant Settlement
  13. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  14. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  15. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  16. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  17. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  18. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  19. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  20. Blockchain Startup to Fund British Masters Tournament
  21. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  22. Bill Clinton Acknowledged Blockchain’s Immense Potential
  23. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  24. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  25. TD Bank to add blockchain and AI Solutions
  26. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  27. Cryptocurrency Needs Regulation to Survive
  28. Binance Crypto Exchange Introduces Binance Info 2.0 
  29. Cryptocurrency market drops
  30. Coinbase Introduces Four New GBP Crypto Trading Pairs
  31. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  32. Recent slump not a setback: says the Ethereum founder.
  33. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  34. Utility of several top cryptocurrency questionable, says a study.
  35. Sinking Bitcoin Helps Crypto Miners Profit
  36. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  37. What makes the crypto markets “weak”?
  38. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  39. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  40. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  41. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  42. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  43. XRP Led Cryptocurrency Exchange By AlphaPoint
  44. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  45. HTC and crypto currency: virtual currency in the smart phone market.
  46. Crypto currency: the strife of RBI continues.
  47. United Kingdom set to become the world leader in cryptocurrency industry
  48. Resuscitation of the crypto currency markets.
  49. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  50. WEX exchange and its spectacular technical goof ups.
  51. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  52. Virtual Currency enters academics
  53. The newest Ripple (Pun intended).
  54. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  55. India lagging in virtual currency as RBI wins the legal battle.
  56. Ibinex: So far so good.
Thursday, November 15, 2018
Banner Top
  1. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  2. Brazilian Bitcoin Exchange wins in court verdict against Banks
  3. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  4. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  5. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  6. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  7. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  8. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  9. Binance’s Positive Initiative to Eliminate Money Laundering
  10. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  11. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  12. Bitpay to Provide Stablecoin Support for Merchant Settlement
  13. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  14. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  15. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  16. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  17. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  18. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  19. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  20. Blockchain Startup to Fund British Masters Tournament
  21. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  22. Bill Clinton Acknowledged Blockchain’s Immense Potential
  23. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  24. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  25. TD Bank to add blockchain and AI Solutions
  26. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  27. Cryptocurrency Needs Regulation to Survive
  28. Binance Crypto Exchange Introduces Binance Info 2.0 
  29. Cryptocurrency market drops
  30. Coinbase Introduces Four New GBP Crypto Trading Pairs
  31. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  32. Recent slump not a setback: says the Ethereum founder.
  33. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  34. Utility of several top cryptocurrency questionable, says a study.
  35. Sinking Bitcoin Helps Crypto Miners Profit
  36. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  37. What makes the crypto markets “weak”?
  38. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  39. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  40. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  41. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  42. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  43. XRP Led Cryptocurrency Exchange By AlphaPoint
  44. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  45. HTC and crypto currency: virtual currency in the smart phone market.
  46. Crypto currency: the strife of RBI continues.
  47. United Kingdom set to become the world leader in cryptocurrency industry
  48. Resuscitation of the crypto currency markets.
  49. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  50. WEX exchange and its spectacular technical goof ups.
  51. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  52. Virtual Currency enters academics
  53. The newest Ripple (Pun intended).
  54. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  55. India lagging in virtual currency as RBI wins the legal battle.
  56. Ibinex: So far so good.
What makes the crypto markets “weak”?

As per the several reports from several experts, the fall in the prices of cryptocurrency is primarily because of the decision of the SEC to delay the approval of an ETF. It needs to be looked into as to what is it that is making this sector weak and susceptible to the decisions of the authorities. Jackson Palmer, who is the creator of Dogecoin, has stated that it is because of the dearth of usage in cryptocurrency networks that the market has become susceptible to the changes in the decisions of the government authorities given the task of regulation in the market.

Palmer took to twitter to state that even as the decrease in value of a number of coins only points out to the unity in the field; one has to stand to reason that this should not have impacted the markets in such a major way. Considering that there were speculations that SEC would take a long time to come give the permission to the interested parties to come up with an ETF. He questioned on Twitter as to what are the reasons that have led to such a major crash in the crypto markets when this was not utterly unexpected. Also, what has come across as strange is that it is only Bitcoin that should have been affected by the decision of the authorities but the whole market was affected. Palmer states that the reason behind such a reaction in the market can be that the usage of the cryptocurrency network is weaker than can be expected right now; it is for this reason that the decision of SEC has affected the cryptocurrency markets in such a manner.

Palmer than went on to use a graph which illustrated that not many people are using the decentralized apps, a mere 10,000 is the number of regular users of decentralized apps. However, Palmer has not clarified anything regarding the technological support that is being required in this sector. But Palmer has made it clear that the use of network is quite stunted and it may be the cause for the minor things impacting cryptocurrency. Palmer also dealt with how the value of XRP was affected by the decrease in the value of Bitcoin and it is found that there has been a significant reduction in the transactions which were carried out has fallen significantly and therefore it has also been affected by the fluctuation in the value of Bitcoin.

According to the observations of Palmer, the only way in which these volatility can be combated is by using the network more than they are being used right now.

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Price Table

Name Price24H (%)
Bitcoin (BTC)
$5,673.57
-10.77%
Ethereum (ETH)
$179.93
-12.81%
Bitcoin Cash (BCH)
$444.54
-13.47%
XRP (XRP)
$0.462183
-9.04%
Litecoin (LTC)
$43.17
-13.64%
Bitcoin Gold (BTG)
$26.06
-9.05%
Bytecoin (BCN)
$0.001130
-10.49%
Bitcoin Diamond (BCD)
$1.39
-16.54%
Cardano (ADA)
$0.062529
-14.25%
Wanchain (WAN)
$0.72
-16.15%
Bitcoin Private (BTCP)
$1.75
-12.58%