BitMEX: only Bitcoin, only Bitcoin Core

BitMEX cryptocurrency exchange shows zero support for SegWit2x
15 October 2017   1112

As "anyone can create a chain fork of Bitcoin at any time" and a SegWit2x hardfork in November 2017 is highly possible, a popular cryptocurrency exchange, BitMEX, clarifies its position on any and all potential hardforks.

The company claims that they will support the new coin only if there is strong replay protection and wipeout protection. It is detailed, that the administrative overhead of distributing any and all hardforked coins (including Bitcoin-based distributions like Byteball/Lumens) is prohibitive and BitMEX will not monitor or maintain balances of hard-forked coins.

It is our understanding that the SegWit2x proposal does not include two way transaction replay protection, enabled by default. Therefore BitMEX will not be able to support SegWit2x.
 

BitMEX team

As such, BitMEX is not to support the distribution of B2X, nor will BitMEX be liable for any B2X sent to the company.  This policy applies even if the SegWit2x chain has the majority hashrate

According to the team, BitMEX considers any and all contentious hardfork tokens as altcoins. The .BXBT and .BXBTJPY indices will remain unchanged and will not include B2X.

SEC to Decide on Bitcoin ETF until Feb 27 2019

Despite this news, Bitcoin price hit another bottom - $3400 this time
07 December 2018   100

The US Securities and Exchange Commission (SEC) issued a notice stating that consideration of a decision on an application to start Bitcoin-ETF from VanEck and SolidX with the assistance of CBOE will last until February 27 of next year.

According to the SEC rules, the period for consideration of this decision cannot be extended yet. Thus, the Commission on maximum uses the allotted time, and February 27 will be the final date for the decision on this application.

The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change.
 

Securities and Exchange Commision

According to representatives of the SEC, to date, the Commision has received more than 1600 comments on this application.

Despite this news, Bitcoin price hit another bottom - $3400 this time.