Naris – Cryptocurrency Enthusiast
In recent developments, Maker (MKR) tokens have witnessed substantial accumulation by large investors, with the 9th largest holder acquiring a remarkable $12 million worth of MKR. This move reflects a robust belief in the cryptocurrency's potential and has piqued the interest of the crypto community.
MKR has exhibited exceptional performance over the past year, outpacing Bitcoin's gains with an impressive 75.45% increase. This substantial growth has attracted the interest of both institutional and retail investors alike, seeking the latest cryptocurrency news to inform their crypto portfolio management and use appropriate crypto trading strategies.
Historically, the accumulation of MKR by whales has often preceded significant price surges, making it an attractive opportunity for buying crypto assets. This has caught the eye of those looking for a secure cryptocurrency investment, as well as those searching for a reputable cryptobroker or BTC broker to facilitate their investments.
As of the latest data, MKR's price has experienced a 5.01% increase in the past 24 hours, reaching $1,215. The MKR/USD 4-hour chart suggests a bullish market structure, with minimal bearish signals and a strong support level at $1,159.
However, it's worth noting that the Relative Strength Index (RSI) currently stands at 71.37, indicating overbought conditions. This might lead to a possible price retracement or profit-taking, which could result in MKR temporarily dropping to around $1,100, potentially presenting a chance to not only buy BTC at a cheaper Bitcoin price but also purchase this coin as well.
Despite potential corrections, experts believe that it is unlikely for MKR to dip below the $1,000 threshold, bolstered by the strong buying pressure signalled by the Moving Average Convergence Divergence (MACD).
While the prospect of MKR continuing to trade above $1,200 is promising, reaching $1,300 before a substantial retracement appears less likely in the short term. Nevertheless, the cryptocurrency's overall performance remains optimistic, making it an intriguing asset for those considering Bitcoin investment or exploring opportunities to buy and sell cryptocurrency, including XRP, BTT, and Ether.
For the latest updates on top crypto gainer cryptocurrencies and over the counter Bitcoin purchases, consider exploring platforms like BC Bitcoin, known for offering a secure cryptocurrency exchange and serving as a trusted Bitcoin broker in the crypto market. Maker (MKR) is certainly a cryptocurrency to watch, especially for those looking to diversify their crypto portfolio and engage in crypto buying and selling activities.
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