Bitcoin is Now Being Searched Twice the Amount Than Covid-19!
Cryptocurrency Trader – Luke
Several businesses started to buy Bitcoin (BTC) in the aftermath of the COVID-19 pandemic. In the midst of people experiencing the first anniversary of COVID-19 and the obligatory wearing of face masks, Google Trends announced that more people were involved in Bitcoin investing than in the virus.
At the beginning of 2020, when the world learned about COVID-19, it was time to lock the window. The stock downturn and about 17 million people applied for unemployment. As a consequence, the unemployment rate has risen to more than 15%, a figure considered not to be positive in the country's economic market.
However, in November 2020, the price for Bitcoin buying rose by 40%, marking the biggest monthly rise since May 2019. Interestingly, no conventional assets could graph up a 40% rally in a single month like what Bitcoin did.
In addition, some publicly-listed firms, such as MicroStrategy, Square, Cypherpunk Holdings, started buying Bitcoin in the aftermath of the pandemic. PayPal has begun providing blockchain services to its clients. Notably, many institutional investors looking at where to put their money and invest in cryptocurrency.
At the time of publication, there were 2.63 million deaths worldwide from coronavirus. As a result, the United States remains the most affected, with 546,605 deaths associated with COVID-19 and 29.3 million cases reported.
In accordance with this, America's economic practices have led to Bitcoin's chaos. The recently signed $19 trillion stimulus bill, COVID-19, made it evident that the government was pouring money into the country.
If you are looking to Buy and Sell cryptocurrency, register an account with BC Bitcoin to 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