After a slight weekly rebound, VET resumed selling pressure with 4% losses over the last 24-hours.A slip beneath the monthly low could cause more troubles for the 28th ranked crypto by market cap.The market is currently looking bearish on the hourly time frame.VET/USD: VeChain Trades At Crucial Support LineKey Resistance Levels: $0.0095, $0.0107, $0.011Key Support Levels: $0.0076, $0.0066, $0.0060VET/USD. Source: TradingVIewVeChain has lost a major chunk of its value over the last seven days...
Read More »VeChain Price Analysis: After Gaining 50% in Two Weeks, VET Eyes $0.0075 For Support
The trajectory remained bullish on the daily chart, although bears are currently showing strong interest.The price dropped after marking a new yearly high around $0.0107 on June 4.VeChain lost 9% today after rolling back under 100 SAT.VET/USD: VeChain Signals Short-Term SellKey Resistance Levels: $0.01, $0.0107, $0.01167Key Support Levels: $0.0087, $0.0075, $0.0064VET/USD. Source: TradingViewVeChain remains bullish on mid-term perspective despite dropping slightly from a $0.0107 on June 11....
Read More »Crypto Price Analysis & Overview June 12th: Bitcoin, Ethereum, Ripple, VeChain & Kyber Network
BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...
Read More »Covid 19 beschleunigt den Umstieg auf die Blockchain: Shanghai Gas arbeitet mit VeChain zusammen
Die Shanghai Gas Group ist ein Energieversorguns-Unternehmen und arbeitet gemäss aktueller Medienmitteilung weiter mit VeChain an der Entwicklung und der Einführung eines blockchain-geschalteten Energieprojekts zusammen. Die Zusammenarbeit dient dazu, die Geschäftsprozesse zu optimieren, die Betriebskosten zu senken, die Effizienz der Lieferketten zu verbessern und ein vertrauensvolles „Energie-als-Dienstleistungs“- Ökosystem aufzubauen. Als eine der führenden Kräfte für die...
Read More »VeChain Compromised; Nearly $7 Million in Crypto Funds Stolen
It’s happened again, folks. Another massive cryptocurrency hack is in the books. This time, the subject of the attack is VeChain, an enterprise blockchain platform that’s reporting losses of nearly $7 million.VeChain Is In the PitsApproximately 1.1 billion VET tokens – the official cryptocurrency of VeChain – have been stolen, amounting to roughly $6.53 million USD. In a blog post, the company states that the hack came about due to “human error” and the “mismanagement of the private key by...
Read More »Cryptocurrencies Work Thanks to Key People, Not Blockchains
The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...
Read More »VeChain Official Buyback Address Hacked, Funds Stolen, According to the Announce
The VeChain Hack announced by the Foundation Medium official page. It claims that the hacker took around 1.1 billion tokens (~$6,500,000) and transferred them onto this address. The coins associated with the hacker were marked on the VeChainStats website. Anytime the hacker will transfer the coins, the website will update the labels.VeChain Foundation is Tracing the CoinsAccording to the short report, VeChain is using special software to track the coins. They have sent notifications to many...
Read More »VeChain (VET) Jumps a Whooping 26%, Thanks to an Iconic Retro Game Remake
VeChain is up 26% today. Microsoft and VeChain Thor collaborate on a retro game project. It’s been a good few months for VET. While the rest of the market continues to torment investors, one cryptocurrency is covering some significant ground. VeChain (VET) is up 26% today and showing no signs of slowing down, but what’s driving the token? Impressively, the token is back to price highs not seen since May this year. VeChain up 26% | Source: CoinmarketcapIt seems a trifecta of partnerships,...
Read More »Crypto Market Heading Northwards, Bitcoin Price Remains Calm Around $8600 Levels
After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead.Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later even below its crucial support at $8700. Now, at press time, Bitcoin is trading at $8641.61 with a market cap of $156 billion. While Bitcoin has been showing a mild response to the market recovery, some...
Read More »VeChain (VET) Smashes 3-Month High With Stunning 14% Surge as Broader Cryptocurrency Market Stands Still
VeChain (VET) approaches $0.005 on Tuesday for the first time since Aug. 12. VeChain co-founder and CEO Sunny Lu will deliver a keynote address at The Capital, an upcoming industry conference hosted by CoinMarketCap. The broader cryptocurrency market consolidates slightly higher as the majors reported modest gains. VeChain’s token value surged on Tuesday, reaching its highest level in almost three months after CoinMarketCap confirmed that the supply-chain management company will...
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