By Mark L - Crypto Speculator 07-07-2022
There were just a few methods to profit from the crypto dump when it first started. One option was to simply make a Bitcoin buy or buy altcoins and hang onto it, hoping that the price would rise to an unanticipated all-time high.
We looked at a few other cryptocurrencies to see what their potential and characteristics were. Here are the ones that might eventually lead to today's surprise price increase.
Welups Identity Blockchain intends to address the growing number of Internet scams and frauds that are affecting nearly every business. Individuals may be identified via a blockchain, which reduces the danger of identity theft and hacking.
The Welups Blockchain team came up with the idea of making the environment user-friendly. Welups is also a promising future possibility, with a staff of industry professionals that is continually growing.
$WELUPS, the company's native cryptocurrency, is listed on CoinMarketCap and CoinGecko. With its own native token, Welups is a one-of-a-kind Identity Blockchain platform. It's also available on a number of crypto trading platforms, including Lbank, XT.com, Hoo, Indoex, DigiFinex, and, most notably, LATOKEN. Overall, the price of oil and gold has increased, while the Bitcoin price and other cryptocurrencies has decreased. Despite Bitcoin's price dip, the $WELUPS price has increased by almost 1.1 percent in the previous 24 hours. Notably, Bitcoin's price has dipped below $35,000. This is the first time since July 2021 that the price has dipped so low.
The sudden decline might also be attributed to Russia's military intervention in Ukraine. The price dropped as a result of President Vladimir Putin's declaration of a "special military operation" in Ukraine.
When hostilities between the two countries were at an all-time high, analysts projected this fall. Furthermore, in the previous 24 hours, the whole cryptocurrency market cap has dropped by almost 5%, pushing the total market cap below $1.6 trillion.
Could now be a good time to buy? If you are looking to Buy and Sell Cryptocurrency, but you’re not sure where’s the best place to buy Bitcoin (BTC) in the UK? You can head over to BC Bitcoin, where you can chat to a team member to get you started 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