Gus – Cryptocurrency Expert
Whales owning between 1 million and 10 million ripples (XRP) have been frantically accumulating the cryptocurrency. With 6.12 percent of all XRP, these whales now possess the biggest percentage of the asset's supply in two months, making them the most active tier of non-exchange holders.
The latest crypto market crisis put a lot of pressure on XRP, which saw its price drop by more than 50% in only two months. However, a recent announcement by Ripple's CEO, Brad Garlinghouse, has sparked a buying frenzy among XRP whales.
In an interview with CNBC in Davos, Switzerland, the CEO stated that when the long-running Ripple-SEC dispute is resolved, the company will consider conducting an IPO.
XRP is a cheap cryptocurrency and now is placed seventh in terms of market value on CoinMarketCap's list of the largest crypto projects. In the last 24 hours, the price of XRP has dropped 2.54 percent to $0.3223. The coin's entire market capitalization is $15.97 billion.
If you would like to get a head start and buy XRP, do not hesitate to use one of the trusted cryptocurrency broker – BC Bitcoin. It will help to buy cryptocurrency such as XRP. It has a wide range of cheap cryptocurrency that allows you to buy and sell cryptocurrency with small fees and ease.
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