Latest VeChain Thor news
Veteran Investor Thinks Bitcoin Provides Good Cues For Stock Market Bottom
Bitcoin (CRYPTO: BTC) and other cryptocurrencies could be a good indicator of investor sentiment, according to Mark Mobius, co-founder of Mobius Capital Partners. What Happened: Mobius, who was with Franklin Templeton Investments for more than 30 years, said, “cryptocurrencies are a measure of investor sentiment,” reported Bloomberg. “Bitcoin goes down, the next day the Dow Jones goes down. That’s the pattern you get. That shows that Bitcoin is a leading indicator.” Mobius said as long as investors in Bitcoin are still talking about “buying on dips” that implies there is a “feeling of hope.” “That also means that we have not reached the bottom of a bear market,” said Mobius. See Also: Best USDC Interest Rates Why It Matters: As the apex coin crashed from its November high of $68,789.63 to near $20,000 levels recently, the MSCI world equity index tracked its decline, noted Bloomberg. So far this year, Bitcoin has declined 57.6% in price. The tech-heavy Nasdaq has shed 26.86%, while the S&P 500 has dropped 21.1%. The Dow Jones Industrial Average is down 16.11% Mobius used a term from boxing and said it's only when retail and institutional investors “throw in the towel” that it's the “time to start buying stocks,” according to Bloomberg. The emerging markets fund manager reportedly is holding onto “some cash” and may use it to purchase Indian stocks in the buildings-material, software and medical-testing segments. Price Action: At press time, over 24 hours, Bitcoin traded 1.5% higher at $20,281, according to data from Benzinga Pro. Read Next: Bitcoin, Ethereum, Dogecoin Slip: Fed's Powell Stirs Recession Fears, But Is Crypto Selloff Showing 'Exhaustion?' © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Chevy Decides to Auction a Corvette NFT and the Winning Bidder Will Get the Car!
It may sound a bit far-fetched, but Chevy has decided to auction a dedicated Corvette NFT. But that’s not all – the automaker will also award the winning bidder with a brand new car. Nick Sullo who goes by the name of “xsullo” online, is responsible for creating NFT that highlights a green lime Corvette Z06 […] The post Chevy Decides to Auction a Corvette NFT and the Winning Bidder Will Get the Car! appeared first on NFT News Today.
PlayStation, Google Vets to Co-Create New Franchises Via Solana DAOs
Web3 startup Luda is focused on “create-to-own” experiences through new IP shaped by DAO communities, starting with Neo Fairies.
Panama President Vetoes Bill To Regulate Crypto Assets
Panama President Laurentino Cortizo has vetoed a Bill passed by the country’s National Assembly, stating that it needs adaptation to the rules governing the Panamanian banking system. The President, in the 32-page veto, also wrote it was imperative to conform the new regulation with the recommendations of the International Financial Action Task Force (FATF), in order to continue the path defined by the State in terms of fiscal transparency and prevention of money laundering. He further explained that although the proposal, dubbed Bill No. 697, is new, it must also be adapted to the monetary model that has guaranteed Panama’s economic and fiscal stability. President Cortizo also mentioned in the veto that the project conflicts with other existing laws as Panama has a long history without a central bank and uses the dollar as legal tender. Speaking at the Bloomberg New Economy Gateway Latin America conference, President Cortizo had said he would not sign the Bill without additional anti-money laundering rules. While the President had described the legislation as an “innovative law” and a “good law,” and that he approved of certain aspects of the Bill, he had sought to address the possible illicit uses of cryptocurrencies. Pro-crypto congressperson Gabriel Silva, who had helped introduce the Bill in September last year, said this was a lost opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector. The country deserves more opportunities and also financial inclusion. We are studying the veto to make the corrections, but we must keep the law competitive,” Silva said. The Bill, if signed, will make Panama the second Central American nation after El Salvador, to adopt cryptocurrencies as legal tender. However, unlike El Salvador, the Bill covers other cryptocurrencies besides Bitcoin and does not require local businesses to accept digital assets. Panamanians “may freely agree on the use of crypto assets, including without limitation Bitcoin and Ethereum” as an alternative payment for “any civil or commercial operation” according to the Bill. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Panana’s President Vetoes Law That Would Have Regulated Bitcoin, Legalized DAOs
The bill will now go back to the country’s National Assembly for debate.
NFTPort raises $26 million from Taavet+Sten and others
NFTPort, a crypto startup that provides NFT infrastructure for developers, has raised $26 million in a Series A funding round. The post NFTPort raises $26 million from Taavet+Sten and others appeared first on The Block.
Eric Adams wants NY governor Hochul to veto crypto mining moratorium bill
New York City mayor Eric Adams said that he intends to ask Governor Kathy Hochul to veto the crypto mining moratorium bull that the legislature passed, according to a report. The post Eric Adams wants NY governor Hochul to veto crypto mining moratorium bill appeared first on The Block.
NYC Mayor Eric Adams Wants New York Governor to Veto State’s Bitcoin Mining Ban
Eric Adams wants Governor Kathy Hochul to veto a recent bill passed by the New York State senate to cap PoW mining at its current level.
About VeChain Thor
This article discusses the current VET price and the VET price predictions provided by reliable sources. Can VET reach a new all-time high in the future? What does the VET coin technical analysis indicate? Why is it important? What will the VET price look like in 2021-2025? Is the VET coin a good investment right now? Let’s dive in and decide for ourselves.
VeChain Thor Real-Time Status
VET current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
VeChain Thor Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
VeChain Thor Price
You can check the VET price through CoinJoy's crypto portfolio tracker. Choose VET from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy VeChain Thor
You can choose one or a few ways to purchase VET. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support VET tokens and allow you to store them. Locate the VET address starting from 0x. Sign up with VET and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many VET coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support VET. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
VeChain Thor Price Prediction 2022
We have gathered the latest VeChain Thor price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for VeChain Thor in 2022: an average of $0.034, a maximum of $0.042, and a minimum of $0.029. Based on the provided data, purchasing VeChain Thor might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for VeChain Thor: an average of $0.037, and a minimum of $0.036 is what holders could be anticipating in 2022.
Wallet Investor is prominent that VeChain Thor prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.004, with a potential maximum of $0.001, and a minimum of $0.003.
VeChain Thor Price Prediction 2023
Similarly, Trading Beasts indicates an average of $0.04, a maximum of $0.05, and a minimum of $0.034 for VeChain Thor.
Based on the information provided by key indicators, PricePrediction.net believes that VeChain Thor prices could grow next year. The website forecasts the following prices for VeChain Thor: an average of $0.053, a maximum of $0.063, and a minimum of $0.051.
According to Wallet Investor, VeChain Thor prices are estimated to show negative downtrend signs in 2023, reaching an average of $0.006, with an expected maximum of $0.002, and a minimum of $0.004.
VeChain Thor Price Prediction 2024
Trading Beasts expects a continuous positive trend for VeChain Thor throughout 2024. The prices are likely to range between a maximum of $0.065 and a minimum of $0.044, with the average price reaching $0.052.
PricePrediction.net has set an average of $0.073, a maximum of $0.088 and a minimum of $0.07 for VeChain Thor in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on VeChain Thor. Investors should watch out for a potential average of $0.004. The website also indicates a maximum of $0.001 and a minimum of $0.003 in two years.
VeChain Thor Price Prediction 2025
Trading Beasts is also indicating an increase in VeChain Thor prices, starting from the minimum of $0.051 and reaching as much as $0.075. The expected average price is $0.06.
Furthermore, PricePrediction.net is seemingly enthusiastic about VeChain Thor prices in 2024. The website forecasts that the price may go up to as much as $0.12. The expected average price is set at the $0.1 level, whereas the expected minimum price is $0.1.
In 2025 Wallet Investor views VeChain Thor negatively. According to the website algorithm, the expected average price is $0.002, with potential maximum and minimum prices reaching $0.001 and $0.001 respectively.
VeChain Thor Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for VeChain Thor in 2030. Investors could be expecting an average of $0.04. The maximum and minimum prices might hit $0.054 and $0.027 respectively.
Last but not least, based on the sentiment from PricePrediction.net, VeChain Thor prices will continue to grow in the long run, with the average price reaching the $0.66 level. The expected maximum price is $0.79 and the potential minimum is $0.64.
According to the long-term forecast from Wallet Investor, VeChain Thor has bad investment potential. The prices could reach $0.002 on average, whereas the maximum price could go up to as much as $0.003, and the minimum price could hit the $0.002 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is VeChain Thor a good investment?
According to the experts' forecasts, VeChain Thor will be a good investment.
Does VeChain Thor Have Potential?
The VET is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since VeChain Thor forecast is positive, It has potential.
How much will VeChain Thor be worth in 2022?
In 2022 the price of VET is expected to reach $0.041, based on the forecasting from various sources.
How much will VeChain Thor be worth in 2023?
In 2023 the price of VET is expected to reach $0.063, based on the forecasting from various sources.
How much will VeChain Thor be worth in 2024?
In 2024 the price of VET is expected to reach $0.088, based on the forecasting from various sources.
How much will VeChain Thor be worth in 2025?
In 2025 the price of VET is expected to reach $0.12, based on the forecasting from various sources.
How much will VeChain Thor be worth in 2030?
In 2030 the price of VET is expected to reach $0.79, based on the forecasting from various sources.