By CCN Markets: Ah, Binance. Many of us remember the original idea. Plenty of us decided to pass on the ICO, which has provided some of the highest returns of any investment in recent times. ICO To King of Crypto There were plenty of good reasons to pass on the ICO. The only stated purpose of the token at the time was that it would give you a discount on trading. There was no reason to believe that Binance would suddenly become a massive destination for traders. Fast-forward a couple of years, and Binance is many things. Binance is a
The Lightning Torch, a Lightning Network payment that has been forwarded to bitcoiners around the world via Twitter, has run its course and reached its end in the charitable hands of Bitcoin Venezuela.
It’s grown a lot since we last covered it in February. In fact, the term “Torch” doesn’t seem to do it justice anymore. At this point, it could rightly be called a bonfire.
The cryptocurrency markets currently offer an interesting mix of ups and downs. Although the downtrend vastly outweighs the positive momentum, these coming hours will get very interesting regardless. Some coins may struggle to recover their losses. The VeChain price, for example, is down by 11.91% for no apparent reason.
VeChain Price Momentum Turns Very Sour
Although all other currencies feel the effect of Bitcoin losing value, the current VeChain price trend is very different. It has suffered from massive bearish pressure over the past 24 hours. While that is not uncommon among smaller-cap coins, VeChain still maintains a market cap of over $ 1bn. As such, such wild percentile swings should occur without a very good reason.