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Cryptocurrencies/Coins/Vice Industry Token (VIT)
Vice Industry Token price, market cap on Coin360 heatmap

Vice Industry Token(VIT)

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? SAT
Market Cap (Rank#0)
?
? BTC
Vol 24h
?
? BTC
Circulating Supply
4,000,000,000
Max Supply
4,000,000,000
1h agocryptodaily
Top 5 Play to Earn Crypto Gaming Coins of 2022 
Cryptocurrency is taking the world by storm, and it does not seem to be stopping anytime soon. Different sectors are now looking for ways to incorporate cryptocurrency and Decentralized Finance (DeFi) into their ecosystem, and the gaming industry is not left out. The gaming industry is no longer what it used to be and has advanced in many ways. Hitherto, players pay to play, but the past few years have witnessed a coming together of gaming and finance, collectively known as GameFi, the hottest thing in cryptocurrency in 2022. The cryptocurrency gaming company enables players to play games and earn Non-Fungible-Tokens (NFTs) alongside crypto tokens. A player can earn up to thousands of dollars by sitting at home and playing these games. This is made possible through in-game economics, built on blockchain technology. These crypto games, also known as Play-to-earn games or NFT games are built on blockchain technology and are done in two ways. The full game is built on blockchain technology, or only the in-game economy is. Examples of these blockchains are Ethereum (ETH), Polygon (MATIC), and Smart Network. Most games are, however, built on the Ethereum blockchain, as the Ethereum blockchain paved the way for NFTs. For such games, you will need some Ether (ETH) to start; however, some play-to-earn games are free. These are known as free-to-play games. In Play-to-earn games, players earn by battling opponents, acquiring properties and completing gaming tasks, and acquiring in-game assets. These in-game assets are Non-Fungible-Tokens (NFTs). Players earn by buying weapons to improve a character, selling and buying NFTs land parcels, fighting and defeating opponents, staking NFTs, and performing many more tasks. With the popularity increasing daily, a series of NFT-driven games are being launched where participants can earn top coins just by playing these games. These games range from action games to adventure games to 3D role-playing games (RPG). With this variety, you are sure to find a play-to-earn game you like. These games are fast on their way to disrupting the traditional gaming system. Players can convert their earned NFTs into their currencies on digital marketplaces, and when they do, it can amount to thousands of dollars which they can use as they please. TOP PLAY TO EARN PROJECTS TO WATCH IN 2022 Crypto play-to-earn games are becoming popular and scaling in market cap, thereby raking in millions for investors. Play-to-earn games are here to stay; because of this, more play-to-earn projects are being launched. Some play-to-earn projects are being developed in 2022 and will soon be the talk of the crypto world. One of the top five play-to-earn projects in 2022, which may turn out to be the next big gaming metaverse, is MetaBlaze . Currently in the final presale round for its MBLZ token, the company has raised over $3.2M, boasting over 2,000 holders. This P2E gaming Metaverse gaming platform follows a narrative deep in the depths of Galaxia Blue. Where participants can play to earn Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Solana (SOL), and more. MetaBlaze is launching a series of NFT-based, strategy-driven P2E games leading up to the release of Magnum Opus: MetaBlaze’s 3D role-playing game built on Unreal engine 5. It’s Blaziverse dApp serves as the hub to its ever-increasingly expansive play to earn gaming metaverse. Another play-to-earn project to note in 2022 is Genopets, a role-playing mobile (RPG) gaming project which utilizes the move-to-earn mechanic to blockchain and helps players stay in shape by exercising and rewarding them. The game is based on the Solana blockchain. Players receive crypto rewards in the form of NFTs as they participate in physical and in-game activities. To earn in Genopets, the player has to install a GPS app on their device, and as they move, they generate XP to develop their pets. These pets are NFTs that can be traded in the Genopets NFT store. Additionally, Genopets is a free-to-play game. Dustland is an NFT-driven strategy game to watch out for in 2022 that also implements the move-to-earn mechanic to blockchain and is a part of the fitness metaverse that rewards players for running. The game is about the Dustland, which was left after a solar flare scorched the earth and consists of a ramshackle of pirates, ghost towns, and seven settlements. The players are to run for resources, find other survivors, discover the secrets of Dustlands and try to save the future. DOSE is the utility token of Dustland and the OliveX BVI gamified fitness ecosystem as a whole. Another play-to-earn project you should keep an eye on in 2022 is Blast Royale, a decentralized gaming system that allows you to earn as you fight. Players fight against each other in a "last one standing" survival match. It is a kill-or-be-killed situation. In Blast Royale, players choose the part of the map they are deployed into with the pre-selected equipment. Players of Blast Royale must also have up to three different items equipped to play a match. Players can also find equipment such as ammo, health packs, armor, and other items on the map. Blankos block party is another interesting play-to-earn project for 2022. It is another NFT-driven, vibrant open space multiplayer game fashioned like a massive block party. It focuses on custom art and design with a significant focus on having fun and inviting your friends to a party game to enjoy. The NFT obtained in the game can be traded in their NFT marketplace, and currently, the game has garnered up to one million players. GameFi is still in its early stages and has just started to bloom because of its many potentials. There are many P2E games and more launched by the day, and you will find one you like. These games are developed using blockchain technology, which means players have absolute ownership over their digital assets within the game. Blockchain gaming is revolutionizing the traditional gaming industry, providing a means for players to earn through engagement and fully own all assets. GameFi is one of the fastest growing sectors within the crypto space, and you do not have to be a gamer to hold the crypto gaming coin. GameFi is fostering vast new earning opportunities for cryptocurrency investors, where the non-gamers seek to benefit from the tremendous growth of play-to-earn crypto ecosystems. GameFi (Gaming Finance) is one of the trends in the cryptocurrency world right now, and because players can earn real money by just playing games, it is increasing in popularity. It can be surprising to know you can earn up to a thousand dollars regularly just by playing games, but technology is fast improving, and it is possible; therefore, you cannot afford to be left behind. The market cap of P2E games is increasing yearly, and these play-to-earn projects are what the crypto world should watch out for in 2022 and beyond. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
17h agozycrypto
Ethereum’s Buterin Seeks Dogecoin’s Switch to PoS as DOGE Becomes 2nd Largest PoW Coin
Vitalik Buterin, the co-founder of Ethereum, has hinted at his desire to welcome Dogecoin to the PoS community. This divulgence comes as the asset assumes the second position of the largest PoW network following Ethereum’s switch to PoS. Vitalik hopes Dogecoin and Zcash will switch to PoS soon Vitalik Buterin revealed the inclination while speaking […]
21h agocryptodaily
Bitcoin Price Analysis: Pain Below 18992 - 26 September 2022
BTC/USD Awaits Technical Guidance: Sally Ho’s Technical Analysis – 26 September 2022 Bitcoin (BTC/USD) lacked a clear direction early in the Asian session as the pair was unable to sustain a recent move higher to the 19400 area, right around the 200-hour simple moving average. Light selling pressure also emerged around the 19231.51 area, a level that represents the 76.4% retracement of the legacy historical appreciating range from 3858 to 69000. The 50-bar, 4-hourly simple moving average and the 200-hour simple moving average have recently served as technical resistance after BTC/USD was capped around the 19949 area and supported around the 18153 area. Following recent selling pressure, BTC/USD bears are eyeing a greater risk of a test of the 17567.45 low reached in June. Following the recent sharp decline, the 20433 area has emerged as an area of consistent technical resistance and is technically related to selling pressure that commenced around the all-time high of 69000. Below current price activity. traders continue to anticipate large Stops below the 17803, 17701, 16966, and 16503 areas, significant technical levels related to historical upside pressure around the 3858 and 9819 areas. Additional significant technical areas on the downside include the 16990.14, 14500.15, and 10432.73 areas. Above recent price activity, upside retracement levels in the depreciating range from 31549.21 to 17567.45 include the 26208, 28249, and 28557 areas. Additional upside price objectives and areas of potential selling pressure include the 25552, 26323, 26411, 26901, 27126, 27455, 28426, and 29669 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 200-bar MA (4-hourly)andabove the100-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 19085.61 and the50-bar MA(Hourly) at 19292.03. Technical Supportis expected around16990.14/ 14500.15/ 10432.73 withStopsexpected below. Technical Resistanceis expected around25256.96/ 27455.20/ 32383.96 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day agocryptosrus
Vitalik Buterin Wants These Two Cryptocurrencies to Move to PoS
The co-founder of Ethereum suggested that two other PoW blockchain protocols could transition to PoS in the near future. He also spoke about the Merge during the 2022 Mainnet blockchain event and gave a brief update about the next step in Ethereum’s development – the Surge. Ethereum made history on September 15, when it became […] The post Vitalik Buterin Wants These Two Cryptocurrencies to Move to PoS appeared first on CryptosRus.
1 day agocryptodaily
Crypto Weekly Roundup: Vasil Upgrade, Kraken CEO Resigns And More
The Cardano platform added smart contract functionality in September last year. Now with the much-awaited Vasil upgrade, the system will deliver significantly faster transaction times to users. Let’s find out more. DeFi GitHub has announced that it has reversed a complete ban on Tornado Cash, indicating that code repositories for the Ethereum-based mixer have been relisted on the site. Altcoins After months of delays, the Vasil upgrade finally went live on the Cardano network. Robinhood announced that it had adopted the first stablecoin into its trading platform - USD Coin (USDC). As a result, users will be able to trade the stablecoin or hold on to it on the aforementioned trading platform. The United State’s oldest dictionary publisher, Merriam-Webster, has added a fresh batch of terms, including “Altcoin,” “Metaverse,” and “Unbanked,” to its lexicon in a nod to crypto. Technology Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote. As the threat of quantum attacks on crypto comes closer to materializing, how ready is the industry for such an event? Will crypto be able to resist such an attack? Business The U.S. Internal Revenue Service (IRS) has been granted the authority to issue a “John Doe” summons to New York-based M.Y. Safra Bank. Jesse Powell, an early Bitcoin-backer and one of the co-founders of the Kraken crypto exchange, has stepped down from his position of Chief Executive Officer. At the recent Mainnet 2022 Summit, crypto intelligence service provider Messari announced that it had secured $35 million in its Series B funding round. According to reports, Sam Bankman-Fried led FTX and Binance are leading the race to acquire bankrupt crypto lender Voyager Digital and its associated assets. Despite the low interest in the crypto market right now, the banking giant JPMorgan has proclaimed that it will continue providing crypto services. Crypto trading firm Alameda Research will be paying back the $200 million it owes to bankrupt crypto lender Voyager Digital. The incoming CEO for cryptocurrency exchange Kraken, Dave Ripley, said on Thursday that his exchange had no plans to register with the SEC as a market intermediary. The United Kingdom has introduced a new law that can seize, freeze, and recover cryptocurrencies, to combat criminal activities. India’s 30% crypto tax and Pakistan’s struggles for financial aid have resulted in a brain drain from these two countries, leaving them both unable to leverage the positive crypto adoption happening in the rest of Asia. Governor Jared Polis has announced that Colorado has become the first state in the United States to accept cryptocurrencies for payment of taxes. Ripple Labs and the SEC have both filed motions for a summary judgment, arguing that the judge overseeing the case has enough information to make a ruling. Leading NFT marketplace OpenSea has announced that it will integrate Ethereum scaling solution Arbitrum, thus adding it to the list of other prominent networks on the OpenSea marketplace, alongside Solana, Ethereum, Polygon, and Klaytn. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptopotato
Vitalik Buterin Names the Two Cryptocurrencies He Wants to See Move to PoS
Dogecoin and Zcash could follow Ethereum's example, asserted Vitalik Buterin.
1 day agocryptodaily
Space MMOs venture into the world of NFTs
Ever since Johannes Kepler and Jules Verne invented the space genre it has kept expanding the frontiers of our imaginations. In recent decades it has expanded into computer games, MMO games, and now into the world of NFTs and the metaverse. Players can create their own characters and stories, leading rebellions against whole worlds or fighting aliens on the fringes of the galaxy. But not all that shimmers is dilithium. Some NFT games promise a new frontier but so far have delivered little more than stardust. "The real challenge and the real opportunity is keeping our focus on gameplay … , when we start to forget about making great games and start thinking about games as a vehicle or an opportunity for something else, that's when we stray a little bit further from the path", Sid Meier, founder of the Civilization game franchise. Space Economics Space MMO games like Eve Online, Elite Dangerous, and the sprawling Star Citizen have created vast open galactic systems in virtual space. Players can fly and customize spacecraft, band together to fight wars, search for alien artifacts, and explore deep space. Most of these MMOs have game economies but with varying levels of detail. Most allow you to buy and sell spacecraft. Others like Star Wars: The Old Republic and Eve Online allow you to buy buildings and even planets. In 2010, an asteroid cum nightclub in the Entropia Universe was sold for $635,000! In Prosperous Universe you can even build an interplanetary supply chain and sell manufactured products on its Commodity Exchange. NFTs in space NFTs promise to take game economies to the next level by removing several of the problems with in-game currencies and trading. NFTs provide proof of ownership of in-game items. There have been several reported cases of theft of valuable items within games and there must be many more unreported cases. NFTs help prevent theft by showing an undisputable chain of ownership that anyone can look up on the blockchain. Further, an NFT item cannot be traded or taken unless the owner agrees to it on the blockchain. Combined with digital currencies (game specific or general crypto currencies like Bitcoin), NFTs also make trading items much easier. Sellers don’t have to rely on finding buyers in-game, they can sell the item outside the game. In the future, it may be possible to transfer NFT items between games, which creates a bigger market and increased liquidity for items. NFT trades also remove the problem of fraudulent transactions, where the seller transfers an item but the buyer does not send payment or vice-versa. Blockchains transactions which involve NFTs and crypto currencies enable an instantaneous exchange of the coin and NFT. This can even occur between wallets on different blockchains - an atomic swap. NFTs with smart contracts also allow for exciting new forms of transactions for games. Smart contracts allow contract terms to be automated in the blockchain so that enforcement is guaranteed. Items can be sold with a residual percentage share so that the original seller or creator benefits from future sales. There is also the potential for contracts for paid services within a game. If a term is codable it can be enforced. Early movers Early NFT movers in the space-themed MMO genre include CSC, Infinite Fleet, and Star Atlas. CSC (Crypto Space Commander) was founded in 2015 by LA gaming studio Lucid Light. Early access was launched on Steam in 2019. However, in June 2021 Hong Kong's Animoca Brands were brought in to revitalize the game because of a stagnant user base, a lack of recent development, and criticisms of a weighting towards pay-to-win. CSC allows players to fight, mine, and craft unique items. Ships are fully customizable NFTs that players can trade. Crafted items are also NFTs. Players earn royalties anytime a crafted item is sold. Players can also improve their crafting skills within the game. CSC also allows smart contracts between players. Players earn GRP tokens from successful missions, selling items, and mining planets. CSC uses the Ethereum blockchain. Infinite Fleet is a game of interstellar fleet combat that pays homage to 1980s anime such as Space Battleship Yamato. Players are a commander for the United Sol Federation fighting against the Atrox alien threat. Players start with a single ship but can build a whole fleet. Missions can even be run when players are AFK (Away From Keyboard). Infinite Fleet is the brainchild of gaming and crypto veteran Samson Mow who founded Pixelmatic in 2011. Mow cut his teeth at Relic Entertainment helping to develop titles like Company of Heroes and later Might & Magic when he joined Ubisoft. Infinite Fleet is produced by a small but hardcore team at Pixelmatic who are punching above their weight. The game went into Alpha release in March 2021 and entered Beta release on 28 July 2022. New updates seem to be popping regularly and the team are committing to a major release every two months. It’s worth noting that Infinite Fleet is one of the few games that’s delivering on promises and exists in an actual playable state. Players will earn INF crypto tokens from playing the game and participating in events. The tokens use the layer-2 solution Liquid on the Bitcoin blockchain and can be traded outside the game. However, the game can be played with no need for players to interact with the game’s cryptocurrencies - it is totally at their behest. “People should only buy these things if they plan to use them in the game itself,” Samson Mow. In addition to Mow’s gaming chops, Infinite Fleet is also being backed by Tether, crypto industry’s heavyweights. In 2020, Infinite Fleet also raised funds for the project by issuing a Security Token Offering - a token based security. Star Atlas is set in a futuristic universe where three factions vie for territory through space combat. Players can choose to join one of the three factions: one human and two alien. Star Atlas released its first ship JPEG NFTs in September 2021 and its game trailer in October 2021. The trailer was made by Hydra Studios. It has been reported that the graphics in the actual game will use the Unreal 5 engine. A limited mini game “SCORE” is currently available in which players can click a button to send their JPEG NFTs on missions and receive rewards. A DAO (Decentralized Autonomous Organization) and accompanying POLIS tokens were released in July 2022 to allow players to vote on certain governance issues for the universe. A “Galactic Marketplace” has recently been released and allows for trading of the game’s NFTs. According to Star Atlas’s website, the game’s crypto currency ATLAS will be play-to-earn. “I see the value proposition here because we truly understand what that value proposition is to the player”. Michael Wagner, CEO of ATMTA (lead developer of Star Atlas). Lead developers ATMA have a large team of over 200 employees and outsourcers and are backed by crypto exchange FTX and billionaire Sam Bankman-Fried. The NFTs use the Solana blockchain and decentralized finance (DeFi) features are provided through Serum. Early investors are excited to see the eventual release of the promising game. Final Thoughts Fans of the space combat genre are certainly spoiled for choice. With the release of new blockchain games they will have the freedom to trade and govern their favorite universes. Like any new enterprise, some games are more advanced than others, and it remains to be seen which titles can gather a critical mass. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Bitcoin Price Analysis: 19231 Big BTC Level - 25 September 2022
BTC/USD Signaling Pain: Sally Ho’s Technical Analysis – 24 September 2022 Bitcoin (BTC/USD) extended its recent sideways trading activity early in the Asian session as the pair continued to orbit the 19231 area, a level that represents the 76.4% retracement of the legacy historical appreciating range from 3858 to 69000. The 50-bar, 4-hourly simple moving average and the 200-hour simple moving average has recently served as technical resistance after BTC/USD was capped around the 19949 area and supported around the 18153 area. Following recent selling pressure, BTC/USD bears are eyeing a greater risk of a test of the 17567.45 low from earlier in June. Following the recent sharp decline, the 20433 area has emerged as an area of consistent technical resistance and is technically related to selling pressure that commenced around the all-time high of 69000. Below current price activity. traders continue to anticipate large Stops below the 17803, 17701, 16966, and 16503 areas, significant technical levels related to historical upside pressure around the 3858 and 9819 areas. Additional significant technical areas on the downside include the 16990.14, 14500.15, and 10432.73 areas. Above recent price activity, upside retracement levels in the depreciating range from 31549.21 to 17567.45 include the 26208, 28249, and 28557 areas. Additional upside price objectives and areas of potential selling pressure include the 25552, 26323, 26411, 26901, 27126, 27455, 28426, and 29669 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 200-bar MA (4-hourly)andbelow the100-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the100-bar MA(4-hourly) at 19070.23 and the50-bar MA(Hourly) at 19342.86. Technical Supportis expected around16990.14/ 14500.15/ 10432.73 withStopsexpected below. Technical Resistanceis expected around25256.96/ 27455.20/ 32383.96 withStopsexpected above. On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day agocryptodaily
Flasko (FLSK) likely to overtake king meme Dogecoin (DOGE) and Shiba Inu (SHIB) in 2023
Cryptocurrencies have appeared in finance, loans, and play-to-earn (P2E) games. As a result, new cryptocurrency users can select projects depending on their preferences and the sector's success. Flasko, Shiba Inu (SHIB), and Dogecoin (DOGE) are three ventures that have shown to be successful in their respective industries. Flasko is quickly becoming one of the most talked about cryptos this month. Dogecoin (DOGE) investors are investing in Flasko (FLSK) Dogecoin (DOGE) was the first meme coin launched in 2013. Veteran software developers Billy "Shibetoshi Nakamoto" Marcus, Jackson Palmer, Michi Lumin, and Ross Nicoll proposed it. Dogecoin gained popularity under the ticker DOGE and the sign. The new cryptocurrency named after the 2013 Reddit meme "doge" ("dog" in broken English) depicted a Shiba Inu dog named Kabosu. Dogecoin (DOGE) is a fork of Litecoin (LTC), which is a fork of Bitcoin (BTC), the first cryptocurrency. Dogecoin (DOGE), like Litecoin (LTC), employs the Scrypt algorithm and may thus be mined on Litecoin (LTC) hardware. Shiba Inu (SHIB) continues to show impressive performance Shiba Inu (SHIB) is the first widely accepted Dogecoin (DOGE) clone. SHIB, unlike Dogecoin (DOGE), does not have its blockchain: it is an ERC-20 token that operates on top of Ethereum (ETH). Shiba Inu (SHIB) launched in August 2020, and its developers handed 50% of its liquid supply to Vitalik Buterin, the founder of Ethereum (ETH). Shiba Inu (SHIB) was one of the most outstanding performers in 2021 and one of the most popular meme coin euphoric symbols. Shiba Inu (SHIB) is currently the only meme cryptocurrency that supports the "actual" Defi ecosystem with an NFT incubator and market, yielding module, and decentralized crypto exchange ShibaSwap. Flasko (FLSK) is new and offers excellent earning potential Flasko intends to introduce crypto enthusiasts to the rare whiskey, fine wine, and premium champagne industries. Flasko is the primary topic of conversation right now. Flasko aims to boost market liquidity for limited-edition premium wines, champagnes, and spirits. The presale of this enormous endeavor is currently underway, investors should view this as an excellent opportunity to participate in this revolutionary enterprise. The Flasko presale has begun, and now the price is at $0.04. Experts predict a 2,000% increase by the end of 2022. The smart contract has passed its audit, the initiative will lock liquidity for the next 33 years providing the ultimate safety for investors. To demonstrate their commitment to the project, the team is barred from selling any tokens for the first two years. It is a safe bet and our top cryptocurrency investment suggestion for the month. You can participate in the presale by clicking on the links below. Presale: https://presale.flasko.io Website: https://flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days agocointelegraph
How crypto is playing a role in increasing healthy human lifespans
How can you add years to your life, and life to your years? Longevity science can help — and this is a concept that's of particular interest to crypto pioneers.
2 days agocointelegraph
NFTs bring in-game ownership to a new level, says Blokhaus founder
NFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc.
2 days agocointelegraph
Crypto Biz: DID you see what Africa is doing with Web3?
Decentralized identity services could play a vital role in promoting Web3 payments in emerging markets like Africa. This week's Crypto Biz has the latest.
2 days agocryptosrus
XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?
Covered: XRP Rally Settlement Rumors XRP Sharks And Whales XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom On Sept. 23, the XRP/BTC pair surged to 0.00002877 […] The post XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable? appeared first on CryptosRus.
2 days agocryptodaily
Bitcoin Price Analysis: BTC Signaling Pain - 24 September 2022
BTC/USD Signaling Pain: Sally Ho’s Technical Analysis – 24 September 2022 Bitcoin (BTC/USD) remained pressured to the downside early in the Asian session as the pair plumbed recent lows following a recent test of the 18255 level, its weakest print since June. Stops were recently elected below the 18603 area during the ongoing depreciation, a relative low, and this selling pressure has resulted in a greater risk of a test of the 17567.45 low from earlier in June. Following the recent sharp decline, the 20433 area has emerged as an area of consistent technical resistance and is technically related to selling pressure that commenced around the all-time high of 69000. Below current price activity. traders continue to anticipate large Stops below the 17803, 17701, 16966, and 16503 areas, significant technical levels related to historical upside pressure around the 3858 and 9819 areas. Following the recent selling pressure, additional significant technical areas on the downside include the 16990.14, 14500.15, and 10432.73 areas. Above recent price activity, upside retracement levels in the depreciating range from 31549.21 to 17567.45 include the 26208, 28249, and 28557 areas. Additional upside price objectives and areas of potential selling pressure include the 25552, 26323, 26411, 26901, 27126, 27455, 28426, and 29669 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 200-bar MA (4-hourly)andabove the100-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the100-bar MA(4-hourly) at 20134.76 and the50-bar MA(Hourly) at 19216.07. Technical Supportis expected around16990.14/ 14500.15/ 10432.73 withStopsexpected below. Technical Resistanceis expected around25256.96/ 27455.20/ 32383.96 withStopsexpected above. On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days agocryptodaily
Singapore’s DBS Bank Expands Crypto Trading Service
DBS Group Holdings Ltd., Singapore’s largest bank announced the expansion of its cryptocurrency trading service to its members-only digital exchange, Digibank. DBS today announced that it introduced a cryptocurrency trading product, allowing its wealthy clients with reputations as accredited investors to trade in cryptocurrencies. Investors will now have access to trading options in Bitcoin (BTC), Bitcoin Cash (BCH), Ripple (XRP), and Ethereum (ETH) on its digital exchange (DDEx) with minimum investments starting at $500. In the announcement, DBS said that this new service will allow investors to trade cryptocurrencies at their convenience, adding that it will also provide “hassle-free access to DDEx, one of the world’s first bank-backed digital exchanges.” Before this announcement, crypto trading on DDEx was limited to corporate and institutional investors, family offices, and clients of DBS Private Bank and DBS Treasures Private Clients. DBS Bank launched DDEx first in 2021 and following the expansion of its services, the bank now offers 100,000 of its clients in Singapore access to services offered by the DBS digital ecosystem. Sim S. Lim, group executive of consumer banking and wealth management, DBS Bank, said in a statement: As a trusted partner that helps our clients to grow and protect their wealth, we believe in staying ahead of the curve and providing access to the solutions they seek. DBS announced its intention to offer cryptocurrency trading services to institutional investors in 2020 already and said earlier in the year that it is looking to launch a digital assets trading desk for retail customers by the end of 2022. While Singapore is home to many digital asset firms and the news that has come from DBS is certainly very bullish, the Monetary Authority of Singapore (MAS) is still warning of the dangers associated with investing in cryptocurrencies. Earlier this month, the MAS even went as far as to issue a statement reiterating that retail investors should not invest in the asset class, saying: The prices of cryptocurrencies fluctuate wildly and investors stand to lose all the monies they have put into cryptocurrencies. However, even after it issued the aforementioned warning, the MAS released its digital asset framework which expands into 2025 where the regulator made it clear that it intends to “enable digital currency connectivity” via a plan named Project Orchid according to reports by Nasdaq. Under its digital asset framework, the regulator plans to explore distributed ledger technology, asset tokenization, and cross-border payments. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days agocryptodaily
Midas Investments releases new CeDeFi strategy
Over the last quarter, the underlying risks of CeFi have become evident to the global crypto community. While the accessibility, fixed interests, and cross-chain services of CeFi are unmatched by DeFi services, its lack of transparency and control is significantly concerning for the users. As the recent downfall of Celcius has shown, trusting your digital assets with centralized third parties can be significantly risky, particularly when the bear market kicks in. Midas Investment, a custodial crypto-investment platform is solving this issue by merging CeFi and DeFi strategies into the innovative CeDeFi model - the best of both worlds. This innovative model combines the user-friendly experience of CeFi with several DeFi strategies that can continuously maintain high-yield prospects and transparency. Midas has recently launched its new CeDeFi strategy called “GLP” - which generates 20-30% projected ROI (in ETH) for leveraged traders on the GMX exchange. This new strategy is poised to create sustainable income generation opportunities from leveraged traders during any market conditions. What is the GLP CeDeFi strategy? GLP is the new index liquidity provision strategy innovated by Midas Investments. It provides blue-chip liquidity for leveraged traders on GMX, a decentralized perpetual exchange. How does it work? Users on the GMX exchange supply liquidity into the GLP index. They earn a variable fee generated from the trader’s liquidation and from trader losses in the exchange. This strategy allows leveraged traders to retain 20-30% APR in ETH. The GLP index is very unique in terms of how its formulated. Nearly 98% of the index is composed of tier-1 tokens, including Bitcoin (BTC), Ethereum (ETH), and major stablecoins such as FRAX, USDC, USDT, and DAI. The stablecoins account for around 45% of the index, while the remaining 55% are BTC and ETH. So, when users buy GLP shares for stablecoins, they will also effectively enter a 0.25x soft long position on Bitcoin and Ethereum. This unique indexing mechanism will allow GLP shareholders to generate a strong and sustainable leveraged income. Once the strategy is launched, Midas will issue GLP shares for its users through the index token, which they can swap into on the GMX exchange. What are the sources of yield in GLP? GLP rewards its leveraged shareholders from two distinct sources. Around 20% of the yield comes from the fees paid by the traders when opening and closing their leveraged positions on the GMX exchange. Basically, for liquidation, they swap assets using GLP liquidity, which ultimately contributes a portion of the fees to the index shareholders. The second source of rewards is the losses incurred by traders. When traders lose money on the crypto market, their net losses are GLP’s net profits. Around 85% of the GLP yield comes from this source. Rewards are always given in ETH. The pros and cons of the GLP index strategy GLP is a very low-risk investment strategy to receive exposure to BTC and ETH. What’s more unique is that the index will particularly perform well during any market conditions, when traders are most likely to lose money. Being a liquidity index provision, GLP can potentially grow during high volatility, because most traders will experience negative PnL (profit and loss). This functional mechanism provides a high and sustainable yield for GLP holders. In terms of cons, users should understand that GLP is not the same as a single-sided liquidity provision. When depositing a token of their choice to buy the index shares, they will inevitably gain exposure to other tokens on the exchange. For instance, you might be depositing a stablecoin, but your index share will also be exposed to BTC and ETH. So, if one of the tokens in the index loses its value, GLP will lose value too. Also, in a bull market, trader profits will incur net losses on the index. Is CeDeFi the future? As the new GLP strategy from Midas shows, CeDeFi can potentially solve a lot of the major issues in the leverage trading market. By deploying such strategies on DeFi protocols, platforms can maintain transparency and high yield prospects. However, being governed by a custodial platform like Midas, the ease-of-access and comprehension are still intact. CeDeFi provides a very simple and easy approach to hedged complicated DeFi strategies which use several protocols to generate yield and are hard to be managed in one hand due to changes of market conditions,volatility, liquidity volume changes, and etc.. At the same time, allowing users to have full transparency and control over their funds. Midas Investments is innovating this CeDeFi model to lower the high-entry barrier of crypto and DeFi. Leveraging the CeDeFi model has allowed the platform to provide vetted yield opportunities at lower fees for its investors. First three CeDeFi investment strategies “Soft Long”, “Soft Short”, and “DeFi Token Farming” just a month ago, showed great user interest and gathered more than $4 million TVL from more than 1,500 active users. Midas is the first crypto platform to transparently talk about yield strategies and officially publish its monthly financial reports recapping product performance and portfolio structure - maintaining a fully transparent infrastructure. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
2 days agocryptodaily
Midas Investments releases new CeDeFi strategy - promising up to 30% yield in ETH
Over the last quarter, the underlying risks of CeFi have become evident to the global crypto community. While the accessibility, fixed interests, and cross-chain services of CeFi are unmatched by DeFi services, its lack of transparency and control is significantly concerning for the users. As the recent downfall of Celcius has shown, trusting your digital assets with centralized third parties can be significantly risky, particularly when the bear market kicks in. Midas Investment, a custodial crypto-investment platform is solving this issue by merging CeFi and DeFi strategies into the innovative CeDeFi model - the best of both worlds. This innovative model combines the user-friendly experience of CeFi with several DeFi strategies that can continuously maintain high-yield prospects and transparency. Midas has recently launched its new CeDeFi strategy called “GLP” - which generates 20-30% projected ROI (in ETH) for leveraged traders on the GMX exchange. This new strategy is poised to create sustainable income generation opportunities from leveraged traders during any market conditions. What is the GLP CeDeFi strategy? GLP is the new index liquidity provision strategy innovated by Midas Investments. It provides blue-chip liquidity for leveraged traders on GMX, a decentralized perpetual exchange. How does it work? Users on the GMX exchange supply liquidity into the GLP index. They earn a variable fee generated from the trader’s liquidation and from trader losses in the exchange. This strategy allows leveraged traders to retain 20-30% APR in ETH. The GLP index is very unique in terms of how its formulated. Nearly 98% of the index is composed of tier-1 tokens, including Bitcoin (BTC), Ethereum (ETH), and major stablecoins such as FRAX, USDC, USDT, and DAI. The stablecoins account for around 45% of the index, while the remaining 55% are BTC and ETH. So, when users buy GLP shares for stablecoins, they will also effectively enter a 0.25x soft long position on Bitcoin and Ethereum. This unique indexing mechanism will allow GLP shareholders to generate a strong and sustainable leveraged income. Once the strategy is launched, Midas will issue GLP shares for its users through the index token, which they can swap into on the GMX exchange. What are the sources of yield in GLP? GLP rewards its leveraged shareholders from two distinct sources. Around 20% of the yield comes from the fees paid by the traders when opening and closing their leveraged positions on the GMX exchange. Basically, for liquidation, they swap assets using GLP liquidity, which ultimately contributes a portion of the fees to the index shareholders. The second source of rewards is the losses incurred by traders. When traders lose money on the crypto market, their net losses are GLP’s net profits. Around 85% of the GLP yield comes from this source. Rewards are always given in ETH. The pros and cons of the GLP index strategy GLP is a very low-risk investment strategy to receive exposure to BTC and ETH. What’s more unique is that the index will particularly perform well during any market conditions, when traders are most likely to lose money. Being a liquidity index provision, GLP can potentially grow during high volatility, because most traders will experience negative PnL (profit and loss). This functional mechanism provides a high and sustainable yield for GLP holders. In terms of cons, users should understand that GLP is not the same as a single-sided liquidity provision. When depositing a token of their choice to buy the index shares, they will inevitably gain exposure to other tokens on the exchange. For instance, you might be depositing a stablecoin, but your index share will also be exposed to BTC and ETH. So, if one of the tokens in the index loses its value, GLP will lose value too. Also, in a bull market, trader profits will incur net losses on the index. Is CeDeFi the future? As the new GLP strategy from Midas shows, CeDeFi can potentially solve a lot of the major issues in the leverage trading market. By deploying such strategies on DeFi protocols, platforms can maintain transparency and high yield prospects. However, being governed by a custodial platform like Midas, the ease-of-access and comprehension are still intact. CeDeFi provides a very simple and easy approach to hedged complicated DeFi strategies which use several protocols to generate yield and are hard to be managed in one hand due to changes of market conditions,volatility, liquidity volume changes, and etc.. At the same time, allowing users to have full transparency and control over their funds. Midas Investments is innovating this CeDeFi model to lower the high-entry barrier of crypto and DeFi. Leveraging the CeDeFi model has allowed the platform to provide vetted yield opportunities at lower fees for its investors. First three CeDeFi investment strategies “Soft Long”, “Soft Short”, and “DeFi Token Farming” just a month ago, showed great user interest and gathered more than $4 million TVL from more than 1,500 active users. Midas is the first crypto platform to transparently talk about yield strategies and officially publish its monthly financial reports recapping product performance and portfolio structure - maintaining a fully transparent infrastructure. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
2 days agocointelegraph
XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?
The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC.
3 days agocryptosrus
You Won’t Believe Who Coinbase Hired To Test Proprietary Trading
The California-based cryptocurrency exchange – Coinbase – reportedly appointed at least four Wall Street traders and established a group to use the company’s own funds to trade cryptocurrencies. Undisclosed members of the platform described the activity as “proprietary” trading. On another note, the company received regulatory approval from the Dutch Central Bank to start providing […] The post You Won’t Believe Who Coinbase Hired To Test Proprietary Trading appeared first on CryptosRus.
3 days agocoindesk
UK Introduces Law to Seize, Freeze and Recover Crypto
The Economic Crime and Corporate Transparency bill is designed to make it easier for law enforcement agencies to seize, freeze and recover crypto assets when used for criminal activities such as money laundering drugs and cybercrime.
5 days agocointelegraph
Blurring the line between crypto and TradFi could redefine global finance
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry.
5 days agocointelegraph
Ethereum co-founder Vitalik Buterin defends DAOs against critics
Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority.
5 days agocryptopotato
Vitalik Lists 3 Reasons Why DAOs Are Better Than Corporations
Ethereum’s co-founder believes DAOs can serve some market needs better than traditional corporations and nation-states.
6 days agocointelegraph
Payments platform Fuse integrates ChromePay to bring DID services to Africa
The African continent has emerged as a hotbed for crypto and blockchain activity, with countries like Nigeria and Ethiopia leading the way.

About Vice Industry Token

The live price of Vice Industry Token (VIT) today is ? USD, and with the current circulating supply of Vice Industry Token at 4,000,000,000 VIT, its market capitalization stands at ? USD. In the last 24 hours VIT price has moved 0.00004 USD or 0.13% while 561.228 USD worth of VIT has been traded on various exchanges. The current valuation of VIT puts it at #0 in cryptocurrency rankings based on market capitalization.

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Vice Industry Token Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply4,000,000,000 VIT
Max Supply4,000,000,000 VIT
Yesterday's Market Cap1,350,870 USD
Yesterday's Open / Close0.000298 USD / 0.000338 USD
Yesterday's High / Low0.00034 USD / 0.000245 USD
Yesterday's Change
0.13% ( 0.00004 USD )
Yesterday's Volume561.228 USD
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