VeChain (VET-USD) Cryptocurrency is currently on bullish momentum by 24.93% in the last 24 hours. At 17:20 EST on Thursday, 20 May, VeChain (VET-USD) is at $0.13.
VeChain (VET-USD) Range
Regarding VeChain’s daily highs and lows, it’s 31.27% up from its trailing 24 hours low of $0.10 and 6.24% down from its trailing 24 hours high of $0.14.
Social Status
Currently, VeChain (VET-USD) has 346786 Twitter followers and 173417 Reddit subscribers.
As of now, on Github, there are 185 forks, 650 stars, and 155 subscribers.
Volatility
VeChain’s last week, last month’s, and last quarter’s current volatility was a negative 6.03%, a negative 1.91%, and a positive 6.50%, respectively.
VeChain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.51% (last week), 6.77% (last month), and 6.50% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, VeChain’s crypto is considered to be overbought (>=80).
News about Bitcoin
Crypto lender mistakenly deposits Bitcoin into user accounts. According to Bloomberg Quint on Wednesday, 19 May, “BlockFi Inc., a crypto-lending startup, mistakenly sent some users Bitcoin as part of a promotion and is working on reversing it.”, “The company made what it called incorrect promo payouts in Bitcoin instead of U.S. dollars to certain customers. “
Bitcoin plunges below $33,000 and a key level, chart shows. According to Bloomberg Quint on Wednesday, 19 May, “The rout for the largest cryptocurrency continued on Wednesday, with Bitcoin erasing all of its gains since Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles — only for founder Elon Musk to reverse course. “
Wharton reveals record Bitcoin gift amid crypto market rout. According to Bloomberg Quint on Thursday, 20 May, “The portion of the $5 million still held in Bitcoin will be monetized over the coming years to meet the budgetary needs of the Stevens Center, which promotes education and research in the field of financial technology and is named after Ross Stevens, the chief executive officer of Stone Ridge Asset Management.”, “Massachusetts Institute of Technology, which has accepted Bitcoin donations since 2016, said it immediately liquidates gifts received in the cryptocurrency.”
Bitcoin crash pits wall street against `shrooms. According to Bloomberg Quint on Wednesday, 19 May, “As Wall Street trader Trey Griggs told Bloomberg News’s Justina Lee,”All the fun that used to be had 30 years ago in the commodity markets … is now in crypto.”The obvious direct route to profit from a dropis to short Bitcoin itself, which has always felt like picking up pennies in front of asteamroller. “, “The proliferation of stocks that serve as Bitcoin proxies, such as Coinbase Global Inc., also opens the way to easier forms of short selling. “
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