Mike Belshe has published a blog post indicating that the planned Segwit2x hard fork will not be taking place. The markets have responded dramatically, with the price quickly setting a new all-time high of approximately $7900 USD.
Also Read: Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross Ulbricht
It Has Been Revealed That the Segwit2x Fork Will Not Take Place
Bitgo CEO, Mike Belshe has published a post indicating that the contentious Segwit2x hard fork scheduled for this month will not occur due to a lack of community support.