By Tyler S - Cryptocurrency Investor
Following its huge splurge in September, the cryptocurrency trading market is slowly regaining some traction. That being said, the next month brought positive news for the community. Despite the overall market volume dropping in comparison to a few weeks ago, at the time of publication, the 24-hour crypto market volume has inclined a bit since the drop to $99.58B. The current overall market volume is still down by 15%; however, some momentum within the last few hours suggests this value drop will not last long.
Traders holding Bitcoin (BTC) investments have recently found themselves overjoyed as the price to buy BTC has risen to $47,963 as of press time. Bitcoin isn't the only crypto asset showing a few green candles today; reportedly, several cryptocurrencies are seeing an upward trend. It may be too soon to speculate a crypto bull run and predict how the market will move due to the market's volatility.
One altcoin is currently experiencing a high market trend. According to coinmarketcap, the OMG Network (OMG) is on an upward climb, with the current price of $17.69, a 38% increase. The recent price increase in buying OMG Network is a significant achievement as the crypto asset is presently ranked 55 on the crypto coin tracking website. The price appears to have the potential to keep growing, with many hodlers waiting for the altcoin to reach the moon.
The community within the industry is a unique one. It only takes a glance at the social media platform Twitter to witness the volatile nature of crypto assets. Cryptocurrency has the power to bring joy to investors, yet it could do the opposite at the same moment.
If you are looking to Buy and Sell Bitcoin, then you can head over to BC Bitcoin where you can safely start trading today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards