By Tyler S - Wallet Specialist - 18-08-2021
In recent news within the cryptocurrency trading community, Ravencoin (RVN) investors are looking forward to seeing the coin reach new all-time highs. In recent weeks, the crypto market investment has been on quite the bullish trend and even more so in the last 24 hours as this coin spiked with a 21% increase. The price increase has left many investors wondering if the cryptocurrency can hit the next checkpoint of $0.37?
When looking into the statistics of Ravencoin, the 21% increase has now taken the price to $0.118028 at time of writing; this now means that Ravencoin has a 24-hour trading volume of $338,939,679. Upon further observation into the cryptocurrency, there are currently about 9,395,140,000 RVN coins in circulation, with a maximum supply of 21,000,000,000 RVN coins.
Despite the current bullish news for many crypto investments 2021, including Ravencoin, the last few months in the crypto world overall haven't been great for the crypto community. Negative news sparked massive declines throughout the crypto market, leaving no stone unturned; RVN was no exception to this.
During the crackdown, RVN's market cap fell from $2.01 billion in late April, taking down the total to less than $878 million only a month later. Of course, as previously stated, this was a result of the crackdown that Chinese Regulators started. The regulators prohibited any business in China from supplying crypto-related products and even crypto asset management services.
Every month this year, the crypto market has shown a stark contrast in price values for most crypto assets, proving how volatile cryptocurrency is. This further leaves many investors wondering what's the next stage for their favourite cryptocurrencies. However, as it stands, the way the crypto market recovered from the crash has led many investors hopeful that the Ravencoin bull run would be hitting all-time highs soon enough.
If you are looking to Buy and SellBitcoin (BTC), then you can head over to BC Bitcoin where you can safely start investing 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