VeChain (VET-USD) Cryptocurrency is currently on bearish momentum by 12.80% in the last 6 hours. At 03:24 EST on Saturday, 22 May, VeChain (VET-USD) is at $0.10.
VeChain (VET-USD) Range
Concerning VeChain’s daily highs and lows, it’s 2.32% down from its trailing 6 hours low of $0.10 and 11.2% down from its trailing 6 hours high of $0.11.
Currently, VeChain (VET-USD) has 349386 Twitter followers and 174621 Reddit subscribers.
As of now, on Github, there are 185 forks, 652 stars, and 155 subscribers.
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
According to Business Insider on Wednesday, 19 May, “Elliptic found that there were 47 bitcoin wallets – that is, digital cryptocurrency accounts belonging to distinct entities – that paid Bitcoin ransoms to the group of hackers. “
Whatever Bitcoin is, it isn’t acting like money. According to Bloomberg Quint on Friday, 21 May, “Anyone who still thinks Bitcoin is a viable form of money should have learned otherwise this week. “, “At one point on Wednesday, the price of a Bitcoin had dropped more than 40% over the course of a week – disconcerting for the throngs of retail investors who, egged on by Elon Musk and other celebrities, had helped drive it up more than 230% over the previous six months. “
Sec’s peirce says Bitcoin ETF approval by U.S. is long overdue. According to Bloomberg Quint on Friday, 21 May, “Hester Peirce, a Republican member of the U.S. Securities and Exchange Commission, says the Wall Street regulator is running out of excuses for not signing-off on a Bitcoin ETF.”, “In a May 11 statement that warned of risks for mutual funds that invest in Bitcoin futures, the SEC called the world’s biggest cryptocurrency “highly speculative.”
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