Cryptocurrency

Proven-at-Scale Technology Enhances Security, Privacy, Compliance and Incentives for Global Digital FinanceVirtual Assets Lab, AG (VAL.com) is pleased to announce the launch of its next-generation stablecoin management and wallet platform. Designed to advance digital finance, this platform offers secure, compliant, and customizable solutions for users, blockchain networks, exchanges, institutions and governments Virtual Assets Lab’s technology has already been proven-at-scale with over $100 billion in managed transactions and more than one million mobile app installations across 180+ countries, achieving an average rating of 4.5+. Introducing “1Currencies” Launching symbolically on 11/11, Virtual Assets Lab (VAL.com) is excited to debut our flagship stablecoin line, “1Currencies” – a comprehensive suite of G10 currencies beginning with 1USD. With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security, while offering cutting-edge features and attractive economics. Introducing “VAL Mobile App”With the new VAL app, users gain a streamlined way to create and manage wallets, access stablecoins, and establish self-sovereign IDs (SSIs) backed by verified credentials, enhancing security and privacy. The app supports interaction with decentralized applications (dApps), exclusive marketplace offerings, and provides free hack monitoring for user assurance. Designed to bring Web3 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance.Virtual Assets Lab’s Key Benefits:Proven-at-Scale: Virtual Assets Lab’s stablecoin management system has successfully handled over $100 billion in transactions and VAL’s mobile app has achieved over one million installs from users in more than 180 countries, with an average rating of 4.5+. Flexible Pricing with Shared Economics: Virtual Assets Lab offer flexible pricing models, lower startup costs, and yield-sharing options, making VAL an ideal partner for Layer 1 blockchain networks and exchanges seeking cost-effective stablecoin solutions.Support for G10 Currencies: Virtual Assets Lab’s platform supports multiple fiat currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK, facilitating global adoption and accessibility.Chain-Agnostic and Exchange-Neutral Design: Virtual Assets Lab’s stablecoins are compatible with various blockchain networks and exchanges, providing flexibility and promoting financial inclusion.Highly Customizable & Easy to Integrate: Virtual Assets Lab’s cutting-edge platform is highly customizable, easy to integrate and offers robust support services, enabling more efficient onboarding and ongoing management.Virtual Assets Lab’s Trust Layer:Compliant & Licensed: Virtual Assets Lab are licensed and registered across various jurisdictions including; VQF (Switzerland ), EMI* (Europe ), VASP (Europe) & AUSTRAC (Australia).Secure and privacy-first: Virtual Assets Lab’s stablecoin platform is partnered with trusted custodians and utilizes secure back-end cross chain transferability and high security. Virtual Assets Lab’s mobile app wallet technology is SOC II compliant and leverages self-sovereign identity (SSI) and reusable, verified credentials (VCs) for added security and privacy.Transparent: Virtual Assets Lab offer full transparency by publishing third party, real-time attestations, legally attesting to the balances held backing “1USD” cross-referenced against ” 1USD” balances on chain.About Virtual Assets Lab (VAL.com)Virtual Assets Lab (VAL.com) is a digital finance infrastructure provider specializing in stablecoin management and wallet solutions. With a team of seasoned professionals experienced in web3 and crypto projects, leading consumer and enterprise technology, finance, and compliance, VAL is dedicated to supporting the global transition to digital finance.For Media Inquiries:Virtual Assets Lab Team / hello@val.comContactCo-FounderBill WolfVirtual Assets Lab (VAL.com)bill@val.comThis article was originally published on Chainwire More

Broader crypto prices also surged, with meme token Dogecoin rallying to a three-year high.Improved appetite for crypto sparked a sharp increase in capital inflows into crypto investment vehicles over the past week, factoring into Bitcoin’s strong gains.The world’s largest cryptocurrency hit a record high of $81,792.4, and traded around $81,193.4 by 00:18 ET (05:18 GMT). Gains in Bitcoin and other cryptos were driven chiefly by bets that Trump will enact more crypto-friendly policies in the next four years.Trump had campaigned on a pro-crypto platform, and had even vowed to make America the crypto capital of the world. This notion was the biggest driver of recent crypto gains, as traders bet that the Securities and Exchange Commission will have to soften its stance against the industry. Markets also bet that the industry will gain more legitimacy as an investment vehicle. Optimism over a Trump presidency saw crypto exchange-traded funds clock steep gains in the past few sessions.Bitcoin ETFs saw a record $1.38 billion inflows last Thursday, Coindesk reported, with Blockrock’s iShares Bitcoin Trust (NASDAQ:IBIT) commanding a bulk of these inflows. The IBIT also surpassed Blackrock’s gold ETF in total assets, reaching $34.1 billion, compared to the $33 billion of gold. Increased institutional interest in crypto, after the launch of spot Bitcoin ETFs in U.S. markets earlier this year, has been a major driver of recent gains in crypto markets. Bitcoin’s recent gains saw it trading up about 91% so far in 2024. Broader crypto markets somewhat cooled after a recent rally, with most major altcoins logging a mixed performance on Monday (NASDAQ:MNDY).Dogecoin was an exception, surging 24% to a three-year peak of $0.280991. DOGE was boosted chiefly by increased speculation over Elon Musk, who has been a proponent of the token, potentially clinching a position in the Trump administration. Other altcoins retreated. World no.2 crypto Ether fell 1% to $3,152.49, although it remained close to a three-month high. XRP, SOL, ADA and MATIC moved less than 1% in either direction.  More

The move upwards pushed EOS’s market cap up to $886.3705M, or 0.03% of the total cryptocurrency market cap. At its highest, EOS’s market cap was $17.5290B.EOS had traded in a range of $0.5809 to $0.5945 in the previous twenty-four hours.Over the past seven days, EOS has seen a rise in value, as it gained 39.32%. The volume of EOS traded in the twenty-four hours to time of writing was $547.5128M or 0.25% of the total volume of all cryptocurrencies. It has traded in a range of $0.4083 to $0.6295 in the past 7 days.At its current price, EOS is still down 97.45% from its all-time high of $22.98 set on April 29, 2018.Bitcoin was last at $81,538.7 on the Investing.com Index, up 3.11% on the day.Ethereum was trading at $3,180.51 on the Investing.com Index, a gain of 0.05%.Bitcoin’s market cap was last at $1,616.6342B or 59.75% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $385.2153B or 14.24% of the total cryptocurrency market value. More

According to chart analysis, SHIB has confidently moved above the $0.0000200 range after soaring past significant resistance levels. The asset has breached significant moving averages, indicating robust bullish momentum and a possible basis for long-term growth. An increase in SHIB’s volume also suggests increased investor interest and trading activity.Price and volume increases together can frequently serve as a launching pad for additional gains; $0.0000175 and $0.0000184 are important support levels to keep an eye on as they should help contain any brief declines in the price of SHIB.With these supports holding, SHIB has a strong base on which to build its rally. The level of $0.0000230 should be watched by traders on the resistance side as it may be the next target if bullish sentiment holds firm. Shiba Inu’s recent performance indicates that it might be in a good position to benefit from the growing popularity of the altcoin market as a whole. Investors seeking high-return opportunities outside of Bitcoin may increase their inflows into SHIB if the altcoin rally picks up steam.By examining the chart, it can be seen that Bitcoin has overcome earlier resistance levels at about $70,000, paving the way for a possible move toward $80,000. Since Bitcoin recently broke out, it has once again entered uncharted territory, and there are currently no significant resistance levels until that target. Key support levels to keep an eye on though are close to $70,000 and $66,000, which were previously resistance but could now provide strong support if Bitcoin experiences a decline.The technical indicators support Bitcoin’s optimistic outlook as well. Although it is leaning toward overbought levels, the Relative Strength Index (RSI) is still in bullish territory, indicating that although there is still room for Bitcoin to rise, investors should be on the lookout for any consolidation or slight corrections. A bullish trend is also indicated by the moving averages’ alignment with shorter-term averages such as the 50-day EMA sitting significantly above the longer-term ones.One more important consideration is volume. Strong buying interest is indicated by the recent spike in trading volume, which frequently encourages additional price increases. In order to confirm ongoing bullish momentum, investors must keep an eye out for sustained volume in addition to price action.The 50-day EMA, a crucial short-term indicator that traders frequently use to determine the beginning of bullish momentum, has been successfully broken above by TON in recent days. Furthermore, the 100-day and 200-day EMAs, which are frequently regarded as crucial levels in identifying medium- to long-term market trends, are getting closer to TON. A strong reversal could be confirmed by a break above these levels, attracting more buyers hoping to profit from an altcoin rally.There is still opportunity for growth even though the Relative Strength Index (RSI) is close to the overbought zone with a reading in the mid-60s. This indicator points to a positive setup for long-term upward movement by implying that there is continuous buying interest without indicating an impending sell-off. Volume, a crucial confirmation factor for price movements, has also gone up, giving the current rally more support.This increase in volume suggests that investors and traders are actively investing in this bullish reversal, which strengthens the possibility of further momentum if Toncoin can hold onto its current positioning. The 100-day EMA at about $5.27 and the 50-day EMA at about $5.05 are important support levels for investors to keep an eye on. Toncoin may indicate strength and stability in the current uptrend and lay the groundwork for future gains if it maintains these levels.This article was originally published on U.Today More

The move upwards pushed Cardano’s market cap up to $20.6110B, or 0.75% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.Cardano had traded in a range of $0.4888 to $0.6591 in the previous twenty-four hours.Over the past seven days, Cardano has seen a rise in value, as it gained 76.15%. The volume of Cardano traded in the twenty-four hours to time of writing was $5.2784B or 2.38% of the total volume of all cryptocurrencies. It has traded in a range of $0.3206 to $0.6591 in the past 7 days.At its current price, Cardano is still down 81.08% from its all-time high of $3.10 set on September 2, 2021.Bitcoin was last at $80,204.5 on the Investing.com Index, up 4.57% on the day.Ethereum was trading at $3,181.69 on the Investing.com Index, a gain of 1.73%.Bitcoin’s market cap was last at $1,593.6675B or 57.91% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $384.8074B or 13.98% of the total cryptocurrency market value. More

Bitcoin rose nearly 6% to a record high of $81,373.5, before settling around $80,362.9 by 18:16 ET (23:15 GMT). The world’s largest cryptocurrency, along with broader crypto markets, have been on a tear since Trump’s election victory last week. The president-elect had vowed to make the U.S. the “crypto capital” of the world.Bitcoin had surged some 10% over the past week, and was trading up 91% so far in 2024. World no.2 crypto Ether rose 1.8% to $3,190.0- a three-month high.  More

Fundstrat’s co-founder and head of research made a bullish Bitcoin price prediction, expecting BTC to reach a “six-figure” level this year.While the regulatory overhang has currently began to reduce over the pioneer cryptocurrency, the Fundstrat’s expert strongly believes that BTC can still reach $100,000 by the end of this year and go higher in 2026, and then in 2027.Michael Saylor reacted to that message of Lee by adding his take, which is: “Nations will adopt #Bitcoin as a Treasury Reserve Asset.”In total, since Wednesday and until the new price record on Friday, Bitcoin has seen a staggering 11.35% post-election surge fueled by another interest rate cut of 25 basis points performed by the Fed Reserve.Bitcoin maximalist and JAN3 boss Samson Mow believes that Bitcoin will soon surpass the $80,000 mark as he tweeted: “You can still buy Bitcoin for less than $0.08M.”This article was originally published on U.Today More

He shared some “words and thoughts of a poor person” to talk to his audience about Bitcoin. In particular, Kiyosaki stressed that he continues to buy BTC at the current high prices and intends to buy more within the next year.Bitcoin traded at $76,000 during the week and in the last 24 hours skyrocketed above $77,250, reaching a new record price high. Gold also hit a new ATH recently and is now trading at $2,684 per ounce. Silver is worth $32.00 per ounce. Kiyosaki stated that prices will certainly go down (but hardly to $10 per one Bitcoin, though). However, he says that ultimately it is the total number of assets owned by a person rather than the price you bought them at that is important.The financial guru always refers to Bitcoin, silver and gold as “real money” as opposed to U.S. dollars that he calls “fake money.” Today Kiyosaki owns 73 BTC worth $5,588,095. In a year from now, Kiyosaki said, he intends to buy more and own 100 Bitcoins “regardless of price.”Bitcoin has reached a new historic peak after the radical change of the U.S. government leader and also thanks to the interest rate cut facilitated by the Fed Reserve this week.This article was originally published on U.Today More