Several major exchanges have already announced their support for the soon-to-be BCH ABC upgrade; and Craig Wright, who backs BCH SV, is calling foul on an exchange’s short option for BCHABC/BCHSV
BitPay is advising its users to avoid transacting with BCH at least two hours before the fork as there is a possibility of risk of double-spending and lost transactions. BitPay also said it will not ‘migrate from Bitcoin ABC implementation of Bitcoin Cash’.
BCH/USD Trading Update
BCH consolidation has diluted at the start of the week. It is now trading at $516.38, down 5.26%. It has a market cap of over $9 billion, making it the fourth largest cryptocurrency.
Poloniex is Naked Shorting?
Poloniex opens the option for traders to trade BCHABC and BCHSV. According to a report, BCHSV surpassed BCHABC. But Craig Wright is not happy about the pre-trade offering, calling it a criminal offense.
BitMEX Research on the BCH Hardfork
Last week, 6 November, Finrazor reported that in anticipation of the upgrade, the research arm of BitMEX will be watching BTC nodes through Fork Monitor. The fork monitoring website is closely watching a total of 13 BTC nodes.