SegWit2x Proposal Called Off by Its Major Proponents Helping Bitcoin Value Soar High

SegWit2x fork, the much anticipated effort to fork Bitcoin has been called off by advocates of Bitcoin on Wednesday. Owing to this move, Bitcoin reached a new height in the market going as high as $7,879. One faction of Bitcoin has been pushing hard for this particular initiative and they have come to abandon the initiative as they think it would divide the community.

Some of the most popular and well-known advocates of Bitcoin community like Blockchain.info, Xapo and Bitmain have come togeth...