Connect with us

Blogs

VeChain (VET) Gets another Listing: Live Trading Begins on Zebpay

Published

on

VeChain
READ LATER - DOWNLOAD THIS POST AS PDF

VeChain (VET) makes up for one of the most interesting assets in the market in accordance with serious investors, and so we can see it progressing steadily towards being massively adopted. Moreover, VET is collecting new listings as well, that way consequently increasing its exposure, which all together might soon lead it to the moon and back to its record price of over 8$ per one unit. Let’s see how VeChain has been doing these days as well as well as to reflect on its latest listing.

VeChain Gets another Listing: Zebpay Announces Live Trading

Zebpay has announced on their official Twitter page that the live trading of VeChain will start on Zebpay on May 22nd, which is set for today at the time of this writing. A couple of days before, Zebpay has announced that they are going to list VEN, which is now being rebranded to VET since the launching of the VeChain Thor.

Zebpay makes up for one of the most popular exchange platforms in India and as such represents one of the largest crypto exchanges in this country. Zebpay offers low fees with only 0.1% charged in trading fees, while it also offers an easy-to-use application to its users.

All users can take advantage of peer-to-peer trading with Zebpay app, which is available for smartphones. The mobile app offers a simple user-end interface with extreme functionality alongside with offering Zebpay wallet for keeping of multiple coins with a feature of easily switching from trading one asset to another in no time.

The functionality of Zebpay counts as crucial in promoting the currencies that are listed on this exchange, and given the fact that this exchange platform makes up for the largest exchange in India, VEN can get more attention alongside with increased exposure in this country.

All in all, having a new listing is always a great thing for any crypto asset, besides from partnerships of course.

VeChain and the Latest Progress

VeChain easily represents a pretty favorable investment, especially due to the fact that serious investors and listings find this digital asset more than desirable.

Over the time, VeChain has collected some pretty important partnerships, including one of the most recent deals with BMW; however, what might be the greatest achievement of the VeChain team by far is the launching of VeChain Thor network.

At the same time, with the launching of the VeChain Thor, VeChain also outlived a case of rebranding, which means that VEN has now become VET, although the new abbreviation has not been changed across websites like CoinMarketCap.

With new important partnerships with massive companies and foundations, alongside with getting new listings globally, VeChain seems to be doing more than well despite the current state in the crypto market.

How is VeChain doing at the Current Moment?

The market has been acting sluggish for the past two days, and so we can see the majority of digital assets dropping against the dollar while trading in the red.

VeChain is also going down despite the good news of having VeChain Thor finally starting with live operating and with having a new listing added to the table. Ranked as the 16th-best currency in accordance with the global coin ranking list, VEN (VET) is up for sky-rocketing further, however, the current market trend is pressing VET down.

With over 2 billion dollars in market cap, VEN has been trading in the green according to its 60-day chart, where we can see this asset going up against the dollar by 23%.

In addition to trading in the green in the period of the past two months, VeChain is also seen trading in the green in its monthly chart, going up by 16% against the dollar.

However, we can see it down by -13% in the course of the last 14 days and dropping against the dollar by -15% in the course of the last seven days, which is the case with a great portion of top digital assets.

Following the most recent change in the market with having the majority of currencies dropping, VeChain has gone down by -3.39% against the dollar.

VEN is also going down by ETH and BTC, but barely by -1% against these cryptos.

After the latest change in the market, VeChain can now be traded at the price of 4.36$ per one unit, still away from its all-time high of around 8.30$.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

Published

on

Bitcoin crash
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

Published

on

crypto credit cards
READ LATER - DOWNLOAD THIS POST AS PDF

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

Continue Reading

Elite