Bitsnapp weekly #5 — Bitcoin just fell to a new 2018 low

Bitcoin sank to its lowest price in over a year on Wednesday, with the prices of other major cryptocurrencies falling alongside it. BTC is currently trading at around 5.5k USD.

Bitsnapp
Bitsnapp
3 min readNov 18, 2018

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Winners and Losers (TOP 50)

Winners
Losers

Recap

Bitcoin sank to its lowest price in over a year on Wednesday, with the prices of other major cryptocurrencies falling alongside it. BTC is currently trading at around 5.5k USD.

In a press release today, the SEC has imposed civil penalties on two ICOs, Airfox and Paragon. Up to $27 million reimbursed to investors; each company fined $250,000, in addition to other penalties.

A crypto startup, Amun AG, has been given the green-light to list an index fund on Europe’s fourth biggest exchange, SIX Swiss Exchange. This is the first crypto Exchange Traded Product (ETP) ever.

Bitcoin Cash has forked into BCHABC/BAB and BCHSV/BSV. Both currencies are characterized by alarming hash power centralization, with each network featuring a single mining pool accounting for a majority of blocks mined since the fork.

News

SEC Settles Securities Registration Charges Against 2 ICO Startups

Switzerland Green Lights World’s First Crypto ETF to be Listed Next Week

The Crypto Market Just Fell to a New 2018 Low

Bitcoin Cash: Where the 4th-Largest Cryptocurrency Stands the Day after the Fork

Bitcoin Cash ABC adds a controversial ‘checkpoint’: Is it centralized?

Binance Now Supports Circle’s USDC Stablecoin

“The Yield from Money Held” Reconsidered

Planting Bitcoin — Gardening (4/4)

Podcast of the week

Blockchain Beyond Bitcoin — with Vinay Gupta | Virtual Futures Salon

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Bitsnapp
Bitsnapp

Android crypto portfolio tracker, API sync for exchanges and mining pools, address tracking for many coins, charts, news and much more! https://bitsn.app