By Luke F - Cryptocurrency Dealer - 08-11-2021
In recent weeks, altcoins have been surging in price, with some coins reaching percentages in the triple digits. Within the last month, Solana (SOL) has been on a bullish streak and seeing a rise of over 50%, Shiba Inu (SHIB) spiked past 100% to new all-time highs, and prices to buy Decentraland (MANA) skyrocketed to nearly 400%.
Dominating the latest bull market is another underdog in the cryptocurrency trading world. Kadena (KDA), a crypto asset that "makes blockchain work for everyone," showed exponential growth last month. October was a satisfyingly bullish month exciting all investors that buy Kadena. KDA pushed the boundaries and proved all predictions wrong by reaching highs of 1165% with prices of around $18.
The Kadena coin has had a bullish streak; its RSI value is currently at 88, which suggests massive growth while also indicating that the asset is overbought. The rally has since ceased at $18.38 with predicted future resistance bars of $20 and $24 compared to its nearest fallback support of $16. An indicator that shows the convergence and divergence moving average has shown that KDA remains very bullish. The graph shows that the two lines are higher than 0.00, which is a neutral mark; however, the lines indicate a positive outlook.
The is yet to be any indication of a bearish trend with Kadena, as many technical analyses prove that the only way for KDA is up. Despite the high current spike in price, KDA traders strongly hold their assets for the long term.
If you are looking to Buy and Sell Kadena KDA, then you can head over to BC Bitcoin where you can safely start investing in cryptocurrency 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