SegWit2x still possible? (part 2)

Yobit exchange will launch the SegWit2x futures trading before the date of possible (or impossible?) hardfork
14 November 2017   2220

The hype around the hardfork does not stop. YoBit cryptocurrency exchange launches the SegWit2x futures trading before the date of possible (or impossible?) hardfork.

Yobit will apply the same scheme as in the case of Bitcoin Gold tokens. The exchange will freeze the input and output of bitcoins from the users' accounts, and after that they will calculate the preliminary volume of the SegWit2x split-tokens. This scheme has much in common with futures trading.

On the exchange's website, a countdown appeared.

YoBit website
YoBit website

The fact that the exchange opens trades with these tokens gives reason to expect that despite the announcement of the leaders of the movement, SegWit2x will still take place.

What is Yobit?

YoBit is a cryptocurrency exchange with not really much public information. 

Yobit. net is a cryptocurrency exchange platform that unites major market players. Yobit.net always supports cooperation with the most popular world cryptocurrencies and provides the possibility to gain profit at electronic money exchange transactions.
 

Official Yobit FAQ

According to World Coin Index, Yobit is at the 26th place in cryptocurrency exchange ranking by 24h volume ($ 21,610,664).

Unfortunatelly, we have detected a lot of negative feedbacks regarding the Yobit exchange. Thus, at CryptoCompare has a 1.8 / 5 star ranking and a lot of interesting comments.

Total scam. Can't withdraw. Crazy fees. Support sux. Crappy xchange. Do not get in!
 

User with battleseal nickname

 

SEC May Approve BTC ETF in 2019

This thought was told by Bill Barhydt, chief executive of bitcoin payment start-up Abra
05 September 2018   414

In an interview with CNBC, the head of Abra, Bill Barhydt, said that the SEC had not yet approved the bitcoin-ETF because the initiators of the launch of these funds "do not meet the expectations" of the agency.

I think the issue with the SEC, quite frankly, is that the people who are doing the applications don't fit mold of who the SEC is used to approving. I used to work for Goldman Sachs, but if you look at how I'm dressed you probably wouldn't know it. So I probably, unfortunately, couldn't go like I am here to a meeting at the SEC to say I'm applying for the ability to issue an ETF.
 

Bill Barhydt

CEO, Abra

According to Barhydt, the applicant must "look, smell and behave" as the SEC wants to approve the application. He also believes that the application for the launch of ETF from a reputable financial company will be approved rather than from a start-up.

He also expressed confidence that the first publicly cryptocurrency ETF will appear next year.

It's going to happen in the next year, I would actually make a bet on it. There is too much demand for it.
 

Bill Barhydt

CEO, Abra

In late August, the SEC rejected an application for the ProShares Bitcoin ETF and ProShares Short Bitcoin ETF. At the same time, a similar fate awaited several applications for the launch of Bitcoin-ETF from Direxion and GraniteShares.