I have been carefully analyzing the situation and today I finally came to a sound conclusion.

First of all when banks are involved and wall street, nothing good could be expected
second all this money flowing into crypto is not from regular people just adopting crypto, this is big brothers money and when they want it back many new comers will be very affected.
adoption ratio could not grow that quick specially with all the negative news coming from mainstream trying to stop people from getting involved and lets be honest, who with a average salary could afford to come into BTC right now ? when people in America is living pay cheque to pay cheque one of the most prosperous land in the world and the average income is below 30k USD a year.

crypto-kitties

this most likely is another attack to the network from the same people. who in the world is wiling to pay for this stupid kitties, certainly not your neighbor or your friend .

Here is my theory:

They clogged the Network avoiding new comers but themselves to take part in this moment just because most of the exchanges are own by bankers and how do you exchange your fiat into any crypto? Usually you need to buy first BTC or ETH in order to be able to trade it in any exchange, so if you don't hold ETH or BTC in the exchange you can not buy anything else unless you credit it with fiat which is not that simple and not private.

Imagine you have your BTC in cold storage and wishing to take profits or buy the dip of another crypto, you would have to send it to an exchange which will take ages and high fees thanks to the core-bockstream arrangement. By the time you get your exchange founded the price you were chasing is long gone and now with the crypto-kitties the same effect is happening to ETH.