VeChain (VET) Price on Verge of Bullish Breakout Amid Rising Community Engagement
The VeChain ecosystem has grown rapidly in the past years to encompass decentralized community governance through the VeBetterDAO.
Keep up with what's happening in the crypto world in real-time.
The VeChain ecosystem has grown rapidly in the past years to encompass decentralized community governance through the VeBetterDAO.
Coinbase, one of the leading cryptocurrency exchanges, has announced a new listing as part of its ongoing expansion efforts. This latest addition comes on the heels of a series of listings aimed at broadening Coinbase's offerings and enhancing its appeal to a wider range of investors.
Several altcoins rose on Tuesday as cryptocurrencies strengthened amid the latest recovery efforts. Amid these gains, VeChain (VET), The Graph (GRT), and Injective (INJ) have managed decent gains in the past 24 hours to rank among the top-performing alts.
Coinbase cryptocurrency exchange platform has expanded its offerings for New York-based customers by adding five new digital assets to the list of available cryptocurrencies. This expansion enables New Yorkers to access and trade NEAR, AERO, VET, VTHO, and PYUSD (ERC-20) on the crypto exchange website and its mobile applications.
Instead of a crypto hub, Brock Pierce has created legal disputes and debts, with at least three lawsuits pending.
Cryptocurrencies have diverged from American stocks, leading to substantial losses to Bitcoin and altcoin holders. Bitcoin has continued consolidating below $60,000 while the total market valuation of all coins has dropped to $2 trillion. This price action has led to worse performance of most altcoins.
The cryptocurrency market is currently experiencing a significant resurgence, marked by solid gains across various digital assets. This positive sentiment is largely driven by renewed investor confidence and optimistic market conditions.
As the crypto market crash continues and warns of an intense correction ahead, the altcoins are losing the bullish grip over multiple support levels. This increases the market liquidation numbers and the overall FUD in the market.
Crypto venture capital firm Paradigm has appointed David Swain as its new chief marketing officer. Swain previously worked as head of global communications at Instagram and senior director of technology communications at Facebook.
VeChain's modest increase suggests a potential upward trend, whereas Ethereum is making steady, albeit slow, progress, testing pivotal support areas. Both are adapting to the fluctuating market dynamics. Meanwhile, BlockDAG (BDAG) is drawing significant attention with CEO Antony Turner leading the charge, harnessing his extensive blockchain experience. The presale has soared past $63.
Vechain (VET), a prominent player in the cryptocurrency space, has recently witnessed a significant 37% price increase. However, the token faces critical resistance as it struggles to surpass the $0.032 mark.
VeWorld, the self-custody wallet for the VeChainThor blockchain, now supports Apple Pay through an integration with on-ramp provider Transak. The VeWorld crypto wallet allows users to store and manage their Vechain (VET) as well as other VechainThor-based tokens (VIP180).
Mina Foundation, a public benefit corporation servicing zero-knowledge (ZK) blockchain Mina Protocol, has appointed deep-tech lawyer and senior legal executive Daniel Schoenberger as its general counsel, effective immediately. Schoenberger brings more than two decades of legal and policy experience from across Web2 enterprise, Web3, and education.
One of the most recent and promising examples in the blockchain world is Plumb, an innovative platform developed by the serial blockchain entrepreneurs Clive Tsungu and Tom Rowbotham, connected to VeChain.
Cryptocurrency prices held quite well during the weekend as a sense of optimism spread in the industry. Bitcoin hovered slightly below $60,000 as the crypto fear and greed index rose to the neutral point of 45. Solciety, on the other hand, has raised over $954k in less than two weeks as the token sale continues.
The cryptocurrency market is recovering from the recent slump as Bitcoin (BTC) jumped 3.30% in the past day to trade above $59K at press time. While enthusiasts anticipate an altcoin season, VeChain's (VET) technical indicators display lucrative signals. Analyst Niklas Theisen revealed that VET breached a massive declining wedge setup on its daily timeframe.
Could there be good news around the corner for VET holders?
Latest updates on the coins SOL, BNB, and VET.
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TL;DR VeChain is preparing for the launch of the VeBetterDAO mainnet on June 28, 2024, aiming to improve governance and sustainability in its ecosystem. Quadratic voting will be introduced to ensure equitable participation in governance proposals, preventing large stakeholders from dominating the process.
Notcoin (NOT) has surged more than 11% in the past 24 hours, breaking above $0.021 as bulls hit a two-week high.
VeChain Foundation's Q1 2024 Treasury Report reveals strong financial health and strategic investments.
VeChain (VET), a leading blockchain platform known for its supply chain and logistics solutions, has recently experienced a significant price movement. The cryptocurrency has broken below the critical support level of $0.03289, a development that signals the persistence of its ongoing downtrend.
VeChain's VET and VTHO tokens are now available on Revolut, enhancing blockchain accessibility.