The Bitcoin euphoria sweeps the cryptocurrency market as price touches an all-time high of $8100 with investors showing more confidence in it. $12,000 Bitcoin price is projected for early 2018.
Amidst all the confusion relating to the SegWit2x hard fork, it has been confirmed that the hard fork has failed to go through in its scheduled time.
In a fresh new twist in the plans of SegWit2x hard fork, there is every possibility for the hard fork to go through in the near time.
The second derivative of Bitcoin namely the ‘Bitcoin Gold’ has finally gone live as developers publish the final software for the cryptocurrency.
After Segwit2x cancellation, Bitcoin’s exchange rate has lowered below $7000, bringing about not only public worrying, but also the raise of Bitcoin Cash.
Following the cancellation of the SegWit2x hard fork event this week, developers of the Bitcoin Classic scaling solution are now closing the project.
After a continuous rally for nearly two weeks which catapulted Bitcoin to almost $8000, and some major profit booking is being currently observed with the price of Bitcoin consolidating around the $6000 mark.
The upcoming SegWit2x hard fork which was scheduled for November 16 has been canceled due to lack of consensus between the member of the community. Bitcoin will be splitting no more.
BTCC founder Bobby Lee discuses SegWit2x and China’s bitcoin exchange ban on Reddit AMA.
The Bitcoin Segwit2x fork will temporarily result in two bitcoin blockchains. Following the fork, Coinbase will continue referring to the current bitcoin blockchain as Bitcoin (BTC) and the forked blockchain as Bitcoin2x (B2X).
The value of the digital currency reaches a 30-day high amid warnings of high volatility it could experience after SegWit2x activation next month.
Industry top analysts express their optimism regarding bitcoin’s short-term price trend, saying its price may reach $6,000 by the end of the year.
Processed block 481,824 brought debates over the code upgrade to an official close, enabling users to take advantage of the long-promised SegWit technology.