CJ - Cryptocurrency Specialist
This Year Significant Milestones have been reached by ETH, XRP, and ADA this year
Some owners of ADA anticipate a 41x increase
XRP's price might reach $1.40 if the SEC case is successful
Cardano (ADA), Ethereum (ETH), and Ripple (XRP) are the three altcoins that crypto investors should include in their investing portfolio. This year, each of these alternative coins has either reached significant milestones or is on the verge of doing so.
ADA and ETH
It was going to be difficult to convert the Ethereum blockchain from a Proof-of-Work blockchain to a Proof-of-Stake blockchain since it is the largest cryptocurrency by market value. But thanks to the Merge's successful implementation this year, the ETH development team was able to do so, which is a significant milestone and a victory for the whole crypto industry.
This year, several chains released updates, not only ETH. Shortly after the ETH team released their upgrade, the ADA team also released the Vasil hard fork upgrade. The Cardano chain's scalability is predicted to rise with the ADA update, which would let it to expand its market share.
According to CoinMarketCap, the market capitalization of both cryptocurrencies is now $164.7 billion for ETH and $12.3 billion for ADA. The market cap of ETH reached $500 billion during the last bull run. This has caused some ADA holders to predict that if ADA can achieve a market cap of $500 billion during the upcoming bull run, it will provide a 41x opportunity.
XRP
In their two-year legal struggle with the U.S. Securities and Exchange Commission (SEC), the parent firm of XRP, Ripple Labs, has made some progress that might result in a victory. Owners of XRP and members of the community may anticipate a large price increase.
If the SEC case is successful, XRP's price will probably move into the following price channel between $0.6 and $1. The price of XRP will probably increase to $1.4 if the market's adverse pressure is relieved. It won't increase until the market has a bull run.
The best place to buy XRP, ADA or ETH is BCBitcoin – a cheap cryptocurrency exchange platform that offers crypto asset management and great customer support.
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:**
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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:**
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