UFC Selects VeChain as its first official layer 1 blockchain partner

The mixed martial arts organisation UFC has appointed VeChain as its first official layer 1 blockchain partner. The collaboration, beginning on Saturday, June 11, includes a range of synergies into UFC live events and exclusive content for its digital and social media platforms, according to the official statement. According to claims, the deal is worth The post UFC Selects VeChain as its first official layer 1 blockchain partner appeared first on Invezz.

Timeline of Vechain

Blockchain firm VeChain announced today it has signed a multi-year sponsorship deal with The Ultimate Fighting Championship (UFC). This marks VeChain's first foray into the sport, following a similar footpath to other crypto projects.

UFC, the world's premier mixed martial arts organization, and VeChain, the leading global sustainability-focused blockchain Foundation, today announced a first-of-its-kind long-term partnership that breaks marketing ground for both brands. The post VeChain Becomes First Official Layer-1 Blockchain Partner of UFC appeared first on BeInCrypto.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. For over three weeks, VeChain (VET) has been traversing in compression within the horizontal channel (yellow).

The VeChain price analysis shows that the price of VET/USD has followed a declining trend in the last 24 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $0.032 mark.

VeChain VET/USD is essentially a layer-1 smart contracts platform that originally started in 2015 as a private consortium chain. The project launched its own mainnet in 2018 and has a cryptocurrency that uses the symbol VET. The public blockchain behind VeChain runs the VeChain token (VET) and the VeThor token (VTHO). European Expansion as a The post VeChain expands adoption in Europe with new HQ, should you buy VET? appeared first on Invezz.

Vechain price analysis for today shows a bullish market with prices hitting a high of $0.0312. VET's price is currently facing resistance at the $0.03245 mark and if prices can push through this, we could see an extension of the bullish rally to the $ 0.03400level.

As Bitcoin glided near its high liquidity range in the four-hour timeframe for the last 12 days, the market abstained from high volatility. The broader sentiment still lurked around the ‘extreme fear' zone.

The VeChain Treasury holds $1.2 billion in crypto as the Q1 reports show, and the foundation says the project accelerated the EU expansion during the first quarter as being ready to hire 1000 technical staff in Ireland as well so let's read more today in our latest Vechain news. The Vechain treasury holds $1.2B in

The VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $0.04 mark.

VeChain price analysis suggests a bullish rally to $0.0500 The closest support level lies at $0.03000 VET faces resistance at the $0.03500 mark. The VeChain price analysis shows that the buyers have successfully defended the $0.02500 support level and the bulls are fighting back to recover the $0.3500 price level.