By Harry B - Crypto Specialist - 09/04/2021
DeFi (Decentralised Finance) is revolutionising digital payments and most projects supported on the Ethereum (ETH) network. Institutional attention, Ethereum (ETH) futures and ETH 2.0 are just some of the additional factors for many to be optimistic and excited about the future of the blockchain and cryptoasset industry.
Since its release in 2015, Ethereum, the second-largest distributed blockchain network has made significant progress. It’s price per unit is now moving at its new all-time high, prompting many to question and address its scalability capacity during periods of such high demand and activity for buying crypto.
Meanwhile, Ethereum continues to see massive daily cryptocurrency trading volumes. The network’s native cryptocurrency saw $25 billion in daily transactions; five times the value of Binance Coin (BNB), the third most valuable cryptocurrency by market capitalization.
DeFi will account for a large portion of the amount. Despite the extremely high gas fees on Ethereum, most projects continue to develop using its ecosystem and ERC-20 token standard. The future is brightening however, with the success of layer two solutions being implemented to initiate its progress in flexibility and scalability.
More government and corporate interest in general is also having an effect. According to a Deloitte study on blockchain developments, blockchain is a top-five strategic goal for businesses. For its well established decentralised and open-source nature, interest in the Ethereum platform is an increasing trend for many, with companies seeking innovative methods for protection against future inflation.
A highly active Bitcoin (BTC) futures trading market has sparked corporate interest to Buy and sell Ethereum. With the introduction of the CME Ether futures contract, institutional investors now have available a regulated means to participate and access the cryptocurrency markets.
Major hedge funds can enter the Ether markets to hedge their exposure from spot market transactions. The demand to buy Ethereum will almost certainly rise as conventional cryptocurrency trading tools become more commonly available for Ethereum.
If you’re looking to Buy and Sell Ethereum, you can head over to BC Bitcoin to register an account and start investing today.
https://cryptodaily.co.uk/2021/04/Ethereum-reasons-to-be-cheerful
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