2018 was a bearish year which affected all digital assets, and it seems that the bears are still not ready to let go.
The VET/USD pair has an opening balance of $0.004062 and a closing one of $0.003933 as at January 31, 2019.
During January, the price of VET has depreciated at about 3.17% of its capitalization.
On January 22, the bulls broke the EMAs in order to reach the heights of $0.004641.
The crypto’s price is below the 21-day EMA, and the 26-day EMA and Bitcoin Exchange Guide foresees that the VET’s price will most likely fall.
“The MACD line and the signal line are above the zero line which indicates a buy signal,” they write.
Safe Haven successfully integrated ThorPay Alpha
The official announcement of Safe Haven says that they managed to successfully integrate ThorPay Alpha on the VeChain Thor Network.
“In keeping with our roadmap, we are excited to announce we have successfully integrated the ThorPay Alpha on the VeChainThor Blockchain. The product website and closed Beta testing are not far behind!” the announcement reads.
Bitrue Exchange added four VET pairs
Bitrue exchange has recently added VeChain to the platform with four different trading pairs: VET/USDT, VET/BTC, VET/XRP, and VET/ETH.
Recently, the CEO of the Vechain (VET) blockchain foundation, Sunny Lu, during an Ask Me Anything (AMA) forum organized by Token Gazer, revealed that the blockchain technology alone is not enough in the space.
In keeping with our roadmap, we are excited to announce we have successfully integrated the ThorPay Alpha on the VeChainThor Blockchain. The product website and closed Beta testing are not far behind! #SHA #VET https://t.co/OA8CuMcTLd
— Safe Haven (SHA) (@SafeHavenio) January 23, 2019
VeChain is working on something innovative in the crypto space
Sunny Lu said that in order for the blockchain to be valid as an enterprise solution, it needs to be linked with some technologies.
The CEO also explained that VeChain is a step ahead of others, it is developing a real-time 24/7 available global technical support service for enterprises.
He continued and added that having multiple layers of BaaS support with small and medium enterprises ‘portal-based’ solutions would really go a long way in thriving businesses around the world.