venus ng

Elon Musk's recent post on X has sparked a positive response from the crypto community, as he introduced a new feature available to Premium+ users. This feature allows users to add posts to the highlights section of their profile, and Musk encouraged them to take advantage of it for interesting art. In another post, he invited the community to share music videos on the X app. This generated enthusiastic reactions, particularly from XRP and Dogecoin-themed accounts. With his tweets, Musk always manages to elicit a mix of enthusiastic and negative comments. As the owner of X and other tech companies, he currently has the largest number of followers on the platform. While sharing news about X updates and Tesla e-cars, Musk also posts memes that attract meme lovers, including Dogecoin co-founder Billy Markus. Musk has revealed that he continues to hold Dogecoin and has not sold any of it, and the same goes for SpaceX's Bitcoin holdings. Musk's interest in Dogecoin dates back to 2019 when his tweets contributed to significant price surges. Although Tesla briefly accepted Bitcoin as payment for its cars, Musk later discontinued this option due to environmental concerns related to Bitcoin's mining algorithm.

Elon Musk's X Post Triggers Crypto Community's Enthusiastic Response Elon Musk has taken to Twitter/X to introduce a new feature that is available to Premium+ users, encouraging users to begin utilizing it. The new feature is the ability to add posts to the highlights section of a user account. The cryptocurrency community was quick to respond. Here’s what you can now do on X He tweeted: “If you post interesting art, either written or visual, add it to the highlights section of your profile.” In another X post published today, Musk invited the community to post music videos on the X app. Both posts triggered a positive reaction from the cryptocurrency and regular communities of users on the social media platform. In particular, several XRP and Dogecoin-themed accounts responded enthusiastically to his posts. I made Interesting art pic.x.com/8wmj3lgmhu— Doge Whisperer 🐕 (@TDogewhisperer) January 20, 2024 Elon Musk frequently triggers waves of comments with his tweets, in which both enthusiastic and negative ones can be spotted. At the moment, the Tesla chief executive and owner of X and several other innovative tech companies, Musk, has the biggest amount of followers on the X platform — 169,500,000. Musk does not only share news about new X updates and post news related to Tesla e-cars and SpaceX, he also publishes memes frequently, thus attracting meme lovers and, in particular, the co-founder of Dogecoin Billy Markus. The latter is known on X as “Shibetoshi Nakamoto,” and Musk considers him a pen friend, according to one of Musk’s earlier responses on X. Musk continues to hold Dogecoin In a recently published podcast, Elon Musk confessed that he continues to hold his Dogecoin stash and has not sold any part of it. Per his statement, SpaceX also continues to hold a portion of Bitcoin; he did not specify the size of it, though. DOGE first attracted Musk’s attention approximately in 2019, when the tech magnate began publishing memes, often featuring either DOGE or the Shiba Inu dog Kabosu, which inspired the creators of Dogecoin and was taken by them as mascot. Back then, Musk’s tweets helped Dogecoin print massive price surges. In 2021, Tesla bought Bitcoin and began accepting BTC as payment for its cars. But that did not last long as Musk shut Bitcoin payments down over controversial environmental concerns related to Bitcoin’s proof-of-work mining algorithm.

The recent shift in the crypto market has brought altcoins into the spotlight, with Ethereum leading the charge and smaller cryptocurrencies like Ethereum Name Service (ENS) surging as well. Among these altcoins, Sei (SEI), Aptos (APT), and Xai (XAI) are gaining attention as tokens that have the potential to turn $10 into $1000 in January. As the crypto landscape evolves, these tokens offer opportunities for investors looking to ride the wave of innovation and take advantage of the growing interest in altcoins. Additionally, ScapesMania (MANIA) presents a presale project with a well-balanced gaming ecosystem that allows backers to influence and benefit from a multi-billion-dollar industry. With transparency as a core principle, ScapesMania aims to bring big innovation to the game while putting its community front and center. Sei (SEI) focuses on decentralized exchanges and aims to offer resilience against cryptocurrency volatility. Aptos (APT) faces a critical juncture with its upcoming token unlock, which could significantly impact its market dynamics. Xai (XAI), on the other hand, has seen a surge in the gaming sector due to strategic airdrops and key exchange listings. However, it also faces the challenge of sustaining its long-term growth in a competitive crypto domain. Overall, these tokens present opportunities for investors in an evolving market, but it is important to note that this article is for informational purposes only and should not be considered as financial advice.

Top 3 Tokens to Turn $10 into $1000 in January The crypto market sees a notable shift as altcoins gain prominence after the US Bitcoin ETF debut. Ethereum (ETH) leads the charge, overshadowing Bitcoin itself since it surprisingly declines. Ethereum (ETH) is not the only token to leap – smaller cryptocurrencies like Ethereum Name Service (ENS) also surge, indicating a wider interest across the altcoin sector. In this evolving landscape, tokens like Sei (SEI), Aptos (APT) and Xai (XAI) are gaining attention as investments with the promise of turning $10 into $1000 in January. Ride The Wave Of Innovation With ScapesMania While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make ScapesMania the next big thing in crypto. Presale discounts and stage bonuses only add to the project's appeal. Presale is Live Now – Join Now for a Chance to Benefit with MANIA Backed by an award-winning developer crew, ScapesMania stands for transparency. The project can achieve this not just by bringing big innovation to the game, but by putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is what makes ScapesMania the project with a bright future ahead. Presale is Live, Learn More About Major Benefits Sei (SEI): Navigating Market Dynamics Sei (SEI) recently experienced a notable 8% decline in its value. Bitcoin's tumble sent shockwaves through the market, and Sei (SEI) wasn't immune – the scenario that highlighted the interconnectedness of the crypto world. Sei (SEI) is currently trading within a range of $0.582 to $0.808. The 10-day Moving Average is set at $0.758, while the 100-day Moving Average stands at $0.729. The identified support levels are at $0.244 and $0.471, with resistance levels emerging at $0.924 and $1.15. Focused on decentralized exchanges, Sei (SEI) aims to carve out a niche that might offer some resilience against the cryptocurrency volatility through its agile and robust approach. However, the token’s market performance, like that of its peers, fluctuates with Bitcoin's movements. Aptos (APT): Token Unlock and Market Response Aptos (APT) is set to release over 24 million Aptos (APT) tokens, which represents over 8% of the current circulating supply, into circulation. Such a substantial token unlock could significantly influence trading activity and the market dynamics of Aptos (APT). Aptos (APT) is oscillating in a range of $7.21 to $11.27. The 10-day Moving Average is noted at $9.26, while the 100-day Moving Average is observed at $7.75. The support levels are established at $0.97 and $5.03, with resistance levels looming at $13.15 and $17.21. The upcoming unlocking event for Aptos (APT) presents a mix of opportunities and challenges: an increase in tokens might boost trading activity, but it could also lead to price volatility. The market is closely watching Aptos (APT) as it approaches this critical juncture. Xai (XAI): Surging in the Gaming Sector Xai (XAI) has recently increased over 40% due to several factors, including strategic airdrops and listings on key exchanges, significantly enhancing its market value. Xai (XAI) is now priced between $0.93 and $1.124. The 10-day Moving Average is at $0.87, while the 100-day Moving Average is at $0.97. Support levels are positioned at $0.67 and $0.85, with resistance levels materializing at $1.22 and $1.41. Xai (XAI) is making a mark in the gaming sector by combining the excitement of gaming with advanced blockchain technology – the recent airdrop and new exchange listings have remarkably boosted its market presence. But Xai (XAI) still faces the challenge of sustaining its long-term growth in a rapidly changing and competitive crypto domain. Conclusion In light of Bitcoin's decline, Ethereum's ascent shows that investors bet on altcoins: Sei (SEI), Aptos (APT) and Xai (XAI) emerge as notable tokens with potential for substantial returns. Sei (SEI) is navigating the complex crypto landscape, demonstrating how interconnected these digital currencies are; Aptos (APT) is at a pivotal point with its upcoming token unlock potentially impacting its market position; Xai (XAI), thriving in the gaming sector, has gained value through strategic airdrops and key exchange listings. Disclaimer: This is a sponsored article and is 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

Cogwise (COGW) is gaining attention and projected to reach the top 30 tokens on CoinMarketCap by 2024. With its impressive performance in the presale stages and strong community, Cogwise has captivated investors. The COGW token grants access to various features and services, as well as exclusive benefits and rewards. Additionally, the funds raised during the presale will be utilized to enhance Cogwise's AI technology, increasing its influence in the market. As a game-changer in the blockchain sector, Cogwise offers unique features such as a no-code smart contract generator, smart-contract auditor, technical analysis tools, wallet tracking capabilities, real-time alerts, and a news aggregator. The heart of Cogwise lies in its impressive AI engine, the Cogwise Core, which assists users in tasks ranging from technical analysis to exploring smart contracts. Moreover, Cogwise's real-time trading feature utilizes AI to rank trading opportunities based on market data, enabling faster analysis and potentially increasing profits. Traders can backtest strategies and efficiently trade within the cryptocurrency market, ultimately saving time and resources while maximizing profitability. To learn more about Cogwise, visit their website at cogwise.io and take a look at their whitepaper for comprehensive details about their approach and transformative impact.

Cogwise (COGW) Projected to Reach Top 30 Tokens on CoinMarketCap in 2024 Why is Cogwise (COGW) Projected to Reach Top 30 Tokens on CoinMarketCap? Cogwise (COGW) is a relatively new player in the cryptocurrency space, but it has been making waves with its impressive performance in the presale stages. The native token of the Cogwise platform and ecosystem is COGW, which is used to access various features and services on the platform, including staking, yield farming, and governance. COGW token holders can also access exclusive benefits and rewards, such as early access to new features and products. Cogwise has been gaining a lot of attention from investors due to its strong community and impressive gain potential. Experts have projected that Cogwise (COGW) will reach the top 30 tokens by 2024, which would be a remarkable achievement for the relatively new project. As of writing, Cogwise is in the midst of its Presale, raising over $2 million. The funds accumulated through the presale will be channeled into further enhancing Cogwise’s AI technology, propelling its growth and influence in the market. Participate through their website cogwise.io In the meanwhile take a look at the whitepaper, which is outlining the comprehensive details of Cogwise’s approach, methodology, and the transformative impact they aim to achieve. Unlocking the Potential Cogwise isn’t just another AI model—it’s a game-changer for individuals, developers, and businesses deeply rooted in the blockchain sector. It offers an array of unique features that empower users, for example: no-code smart contract generator smart-contract auditor technical analysis tools wallet tracking capabilities real-time alerts news aggregator Decoding the Magic Behind Cogwise At the heart of Cogwise lies its impressive AI engine, the Cogwise Core. This intelligent core takes commands from prompts and returns comprehensive answers, assisting users with a vast array of tasks. Whether you’re delving into the depths of technical analysis, seeking insights on crypto trends, or exploring the intricacies of smart contracts, the Cogwise Core is your guiding light. Real Time Trading In the fast-paced world of trading, having access to accurate market data and being able to quickly analyze it can be the difference between making a profit and missing out on a potentially lucrative opportunity. That’s where cogwise AI that uses a market scanner to rank trading opportunities based on their relative volume, percental price change, momentum, and float comes in. The automated system executes trades at exceptional speed, outpacing human traders and potentially increasing profits. Traders can backtest strategies using historical data, ensuring profitability and responsiveness to market shifts. This focused approach allows for efficient trading within the cryptocurrency market, saving time and resources while maximizing profitability.

In the last five days, BlackRock's iShares Bitcoin Trust (IBIT) attracted a massive $1.23 billion in inflows, making it the top-performing ETF. Fidelity's spot Bitcoin fund followed closely behind with inflows of over $1.06 billion. Bitwise and ARK21Shares also saw significant capital flows into their funds, with $393 million and $319 million respectively. It's worth noting that BlackRock's IBIT and Fidelity's FBTC have been the preferred options for investors exiting the Grayscale Bitcoin trust fund. Despite the approval of ETFs institutionalizing Bitcoin, the cryptocurrency's price has not shown a significant rise. Grayscale Investments CEO, Michael Sonnenshein, believes that only a few of the approved ETFs will survive, with the rest potentially being pulled from the market. As investors wait to assess the success of these ETFs, Bitcoin's value has seen a steep drop, currently trading at $41,515.

Top 5 ETFs: BlackRock’s IBIT Leads With $1.23B Inflow in Last 5 Days Investors pour $1.23 billion into Blackrock’s Bitcoin ETF in the last five days. Fidelity’s BTC fund saw inflows of $1.06 billion, nearly $200M less than BlackRock’s. Bitwise and ARK21Shares saw $393M and $319M flow into their funds, respectively. In a recent post on social media platform X (formerly Twitter), Bitcoin Magazine highlighted how much investors had thrown into the recently launched spot Bitcoin exchange-traded funds (ETF) in the past five trading days. According to the data reported, BlackRock’s iShares Bitcoin Trust (IBIT) garnered $1.23 billion as of the close of business yesterday. The Bitcoin fund continues to see the most attention from investors to lead other ETFs in capital inflows recorded this week. Fidelity’s spot Bitcoin fund came in second with over $1.06 billion recorded in the five days tracked. Bitwise and ARK21Shares saw $393 million and $319 million flow into their funds, respectively. Invesco Galaxy also saw a $194 million capital infusion from investors in the tracked period. So far, BlackRock’s IBIT and the Fidelity Wise Origin Bitcoin Fund (FBTC) have been the most prominent Bitcoin ETFs since their approval last week by the US Securities and Exchange Commission (SEC). Reports noted that IBIT and FBTC have also been the preferred option for investors exiting the Grayscale Bitcoin trust fund. Meanwhile, the uptick in ETF’s capital flow comes amidst a steep drop in Bitcoin’s value as investors wait on the sidelines to assess the success of the ETFs. At the time of press, the flagship cryptocurrency is trading at $41,515 apiece. It bears mentioning that Bitcoin’s price post-ETF approval has largely ignored market sentiments. Expectations in the market were that the approval, which institutionalizes Bitcoin, would inspire a rise in the digital asset’s price. While Bitcoin’s price rose briefly following the approval, the token has largely remained in the bearish zone. Elsewhere, Grayscale Investments CEO Michael Sonnenshein told CNBC that most of the approved Bitcoin ETFs won’t survive. The executive expects two to three of the spot Bitcoin ETFs to obtain a “critical mass” of assets under management but that the others may be pulled from the market. Grayscale’s Bitcoin ETF is the largest in the world, with over $25 billion in assets under management. However, the firm’s large Bitcoin fund base appears to be coming under threat as its customers look to ETFs with cheaper fees to invest in.

According to crypto analyst Egrag Crypto, there are key price levels to monitor for XRP's potential rise to $5 within 90 days. These levels, including $0.60, $0.75, $0.95, and $1.3, will validate a bullish trend if XRP surpasses them with a weekly close. Egrag emphasizes that hitting these targets offers valuable insights into significant price behavior and indicates a change in sentiment towards the altcoin. However, a bearish scenario is also presented, with the possibility of a flash crash to $0.28 if the blue channel aligns with the red channel. In this case, a subsequent rise to $0.41 may follow. Egrag also mentions the potential impact of a further Bitcoin decline, which could negatively affect XRP. Nevertheless, if the market experiences the worst-case scenario, the analyst encourages individuals to take advantage of the opportunity and acquire XRP at a more favorable price.

The recent surge in transaction fees and fluctuating mining revenues in Bitcoin indicate a murky shift as the halving event approaches. Over the past few months, the average transaction fee has consistently remained above $5, with fees predominantly exceeding $10. Although miners have amassed over $800 million in January, the decline in Bitcoin's value has impacted their earnings. The approval of multiple spot bitcoin exchange-traded funds and a bearish trend in the spot market have further contributed to this downturn. Additionally, the decrease in hashpower and the backlog of unconfirmed transactions pose additional challenges for miners. As the industry approaches the halving event, which is less than 14,000 blocks away, market stability and the potential difficulty recalibration could significantly impact future earnings and the stability of the network. Consequently, the actions of miners during this critical juncture could set a benchmark for the economic environment of the leading cryptocurrency in the months to come.

Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with a single exception occurring when it briefly fell to $8.33 per transaction. Bitcoin Miners Face Complex Dynamics in 2024 Ahead of Halving Event In 2024, the cost of the average onchain transaction fees has surged compared to the previous year. Over the last 46 days, these fees have consistently exceeded $10 per transaction, with the sole exception being Jan. 13, 2024, when they momentarily dipped to $8.33. Throughout January this year, miners have amassed over $800 million in a combination of new BTC and transaction fees. Over the last 46 days, median transaction fees on the Bitcoin network have consistently stayed above $3. Despite January showing stronger performance compared to most months in 2023, the recent decline in bitcoin’s value has impacted miner revenues. This downturn follows the mass approval of 11 spot bitcoin exchange-traded funds, leading to a bearish trend in BTC’s spot market behavior. For instance, around Dec. 20, 2023, the daily value of one petahash per second (PH/s) of hashpower was nearly $120. By Jan. 19, 2024, this value had decreased by 34.59%, dropping to $78.48 per PH/s per day. Bitcoin miners also curtailed the hashrate this month leading to a significant drop in overall hashpower. The situation has been influenced by an increase in block time intervals between the previous difficulty adjustment and the upcoming retarget. As a result, bitcoin miners might receive some relief on Saturday during the retarget epoch, with current estimates suggesting a potential decrease in mining difficulty. It’s projected that there could be a 4.4% reduction in difficulty, which may ease some of the pressure. However, the declining price of bitcoin continues to erode revenues. Additionally, miners are facing the challenge of processing a backlog exceeding 250,000 unconfirmed transactions. Amid heightened transaction fees and fluctuating mining income, the impending halving looms as a critical juncture for the industry, with fewer than 14,000 blocks remaining. The recent downturn in price and the forecasted difficulty recalibration might herald a small change in mining operations, with market stability possibly affecting future earnings and the stability of the network. As miners tackle these challenges, their actions could create a benchmark, steering the course of the leading crypto asset’s economic environment in the coming months.

Litecoin (LTC) has made a remarkable comeback, with its price showing a significant increase and losses being recovered. Despite losing its dominant position in the market and failing to impress investors after its halving in August last year, Litecoin has managed to grow from its lowest price point of $58.8. The coin has successfully flipped the $70 resistance zone into a support level, indicating its determination to chart a new bullish course. With potential catalysts such as its role as a faster and cheaper payment mode, growing adoption, and the impact of newly approved Bitcoin ETF products, Litecoin's future growth looks promising.

Litecoin (LTC) Makes Dramatic Comeback, Road to $80? Litecoin 📷LTC has surfaced as one of the best-performing altcoins in the market today. Besides its more than 5% jump over the past 24 hours to $71.21, the cryptocurrency has managed to pare off some of the losses it has accrued over the past month where it is now up by 1.78%.LTC 1D chart. Source: CoinMarketCap Litecoin has lost its dominant grip in the market by a large margin. Besides being booted out of the top 10 of the most capitalized cryptocurrencies with the advent of new entrants, Litecoin’s past halving in August last year failed to impress investors who had anticipated a corresponding bullish price growth. Ultimately, Litecoin bowed to bears as its price has stayed below the $90 price mark since August last year to date. While the current Litecoin outlook is not as bullish as this local high, the coin has grown from the lowest price point since that time pegged at $58.8 to where it now trades. For Litecoin, the flippening of the $70 resistance zone and the conversion of this level into its support underscores its sustained doggedness to chart a new bullish course for itself. Notably, Litecoin is holding this level, and a potential upsurge toward the next mega resistance at $80 cannot be ruled out. Litecoin catalysts to watch out for Despite the low dominance in the market in the face of relatively newer protocols like Solana 📷SOLUSD and Avalanche 📷AVAXUSD, Litecoin has maintained its luster as a viable alternative to Bitcoin 📷BTCUSD for value transfer. With new milestones being recorded in its role as a faster and cheaper payment mode, the Inscription trend is engulfing the protocol as well, further contributing to a jump in its active addresses. Litecoin’s future growth will be catalyzed by these unique features alongside the impact of the newly approved and launched spot Bitcoin ETF products.

Despite the recent market downturn, Chainlink (LINK) has shown impressive resilience, maintaining its value at $16 and even experiencing a 14% rally in the last seven days. This is in sharp contrast to other major altcoins that have suffered significant losses. However, investors are debating whether this is a positive indication for Chainlink's future or simply a temporary anomaly. Adding to the optimism surrounding Chainlink, a significant and confidence-inspiring $8.9 million whale purchase has taken place. However, concerns have surfaced about a potential whale exodus, especially after Chainlink investors sold off 2.3 million tokens since January 12th. Furthermore, there has been apprehension regarding the absence of substantial growth metrics such as network usage, which raises doubts about whether Chainlink will be able to achieve its coveted $20 price point without widespread real-world adoption. Nevertheless, the strength of Chainlink persists amidst the market uncertainty. The global in/out of the money (GIOM) chart by IntoTheBlock highlights crucial support and resistance levels based on the historical entry prices of current LINK holders. In the short term, investors may engage in short-covering strategies to avoid losses, potentially leading to Chainlink's price consolidation just below the $15 threshold in the coming days. On the other hand, bullish market participants may counter this bearish scenario by successfully pushing the price above $20. However, a potential obstacle arises from the fact that over 94,000 holders have accumulated 51 million LINK at a minimum price of $18.8. This accumulation suggests the formation of a strong sell-wall in that price range, which could trigger a decline in LINK's value. The delicate balance between short-term tactical moves and broader market sentiment currently shapes the trajectory of Chainlink's price. Despite the market turbulence, Chainlink should not be underestimated, as its role as a leading oracle provider within the blockchain ecosystem remains intact. Ultimately, if the broader crypto market recovers and fundamental growth aligns, there is a possibility of Chainlink experiencing a resurgence.

Ripple has opposed the SEC's motion to compel certain post-complaint discovery, filing a response to Hon. Sarah Netburn of the Southern District of New York. Ripple argues that the SEC's requests were untimely, as they were not made during fact discovery. The company also claims that the SEC has failed to justify each of the requests on their merits. Ripple pleads with the Court not to grant the SEC's request, stating that it violates the law and would result in a lengthy fact discovery period. The company also highlights that the SEC has exhausted its interrogatories in the case and cannot unilaterally extend them.

The Binance-SEC court hearing, which was initially scheduled for Friday, has been postponed to January 22 due to extreme weather conditions. This hearing will address the allegations made by the SEC against Binance and the platform's defensive arguments. MartyParty has drawn parallels between this upcoming hearing and the recent Coinbase-SEC hearing, highlighting that the judge will decide whether to proceed with a full trial or dismiss the case after listening to both parties. The crypto community is closely following these cases, as they are expected to have significant implications for the SEC's authority and the future of the cryptocurrency industry.

Court Reschedules Binance-SEC Court Hearing for Monday: Report The Binance-SEC court hearing has been rescheduled for January 22 (Monday) at 10.00 AM. EST due to extreme weather conditions. MartyParty draws parallels between the upcoming Binance-SEC hearing and the recent Coinbase-SEC hearing. The judge will decide whether to have a full trial or to completely dismiss the case after listening to both parties. According to recent reports, the US Court in Washington has rescheduled Friday’s court hearing over the SEC-Binance lawsuit due to extreme weather conditions. The hearing, rescheduled for January 22 (Monday) at 10.00 AM. EST, will address the regulators’ allegations against Binance and the platform’s defending arguments. Previously, in June 2023, the Securities and Exchange Commission (SEC) sued Binance with 13 charges, including offering unregistered securities and controlling its US branch, BAM Trading. Following a series of dramatic developments, including Changpeng Zhao’s resignation, Binance is preparing for the court hearing. MartyParty, a prominent voice in the blockchain sector, shared an X post on January 19, drawing parallels between the upcoming SEC-Binance hearing and the recent Coinase-SEC hearing. The tweet asserted that the judge will decide whether to have a full trial or to completely dismiss the case after listening to both parties. In the recent Coinbase-SEC hearing, Judge Katherine Polk Failla questioned the SEC for their non-comprehensive definitions of securities. As the judge wasn’t satisfied with the regulator’s statements, she demanded a clear view on whether and when digital assets are securities. As per MartyParty’s tweet, the Binance would also take a similar path in the hearing as that of Coinbase. The lawyers representing Binance would argue, “Crypto assets offered on the platform are not securities and are not under the jurisdiction of the SEC.” The tweet added, Additionally they will defend charges of artificially inflating its trading volumes, diverting customer funds, failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls. The SEC’s charge against Binance is just one among the many lawsuits the regulators have imposed upon crypto assets and platforms. The crypto community has strongly criticized them for their anti-crypto stance. However, Binance and Coinbase cases are expected to bring revolutionary developments in the crypto sphere, helping shape the SEC’s autocratic authority.

SAVM, a new altcoin, experienced an incredible surge of over 100x in less than 24 hours after its token launch. This resulted in massive profits for early investors who capitalized on its potential. However, caution is advised as some influencers involved in promoting the project may have received a large token allocation, potentially leading to a dump of their holdings. This revelation impacted SAVM's price, causing it to retrace. Despite this, two traders were able to seize opportunities and accumulate substantial profits, utilizing the Banana Gun bot to swiftly purchase and sell SAVM. The first trader made approximately $6.77 million in profit, while the second trader earned around $1.49 million.

This Altcoin Went 100X in Less Than 24 Hours SatoshiVM’s (SAVM) price experienced a remarkable surge of over 100x after its recent token launch, resulting in substantial profits for early investors. SAVM has been described as the “first EVM-compatible protocol on BTC with real traction.” It is a Bitcoin layer 2 solution leveraging zero-knowledge (ZK) rollups to address the blockchain network’s inherent limitation of lacking native smart contract functionality. SAVM Token Launch Highlights The SAVM token launch unfolded on January 18 and concluded on January 19. According to Bounce Brand, the launch saw participation from 23,487 individuals, with random selection winners receiving SAVM and ILO winners claiming ETH rewards. Post-launch, the altcoin’s value skyrocketed, reaching nearly $15. This was propelled by endorsements from various cryptocurrency influencers who promoted the project within their communities. However, notable on-chain investigator ZachXBT cautioned the community about potential token allocations to these influencers, advising vigilance. “When influencers with a lot of followers start shilling a project launch at the same time, it is likely [because] they have allocation and will dump their cheap tokens,” ZachXBT warned. Subsequently, blockchain investigator LookOnChain confirmed ZachXBT’s warning. He revealed that SAVM’s team had allocated 1.2 million tokens (11.5% of the total supply), worth $10.5 million, to 248 influencer addresses. These addresses have sold or transferred over 50% of their holdings, leaving only 483,493 SAVM, equivalent to $4.16 million. These selling activities notably impacted SAVM’s price, causing it to retrace to approximately $9.39. Traders Seize Opportunities Meanwhile, two savvy traders capitalized on the early stages of the project, amassing almost $8 million in profit. These traders reportedly utilized the Banana Gun bot, a sniping trading bot designed for swiftly purchasing newly launched tokens. According to LookOnChain, the first trader paid a bribe of 141.66 ETH, approximately $347,350, to secure the first purchase of SAVM at the launch. Consequently, the trader invested 277.66 ETH, equivalent to $681,000, to acquire 2.61 million SAVM. Post-purchase, the trader sold around 2.16 million SAVM for $4.38 million, retaining approximately 450,000 SAVM valued at $3.07 million across four different wallets. The overall profit for this trader stands at approximately $6.77 million, reflecting a significant return on the initial $681,000 investment. Similarly, the second trader paid a bribe of 121.07 ETH, roughly $296,863, to secure the second purchase of SAVM tokens. The trader invested 211.07 ETH, equivalent to $521,000, including fees, to acquire 456,983 SAVM. He later sold 444,483 SAVM for 602 ETH, amounting to $1.49 million, but retained approximately 12,500 SAVM, valued at $125,000.

The Binance Coin (BNB) has experienced a slight increase of 0.27% in the last 24 hours, and the price chart suggests a bullish trend approaching the resistance level of $315.6. If this momentum continues, we can expect a breakout towards the $317-$319 range. The daily time frame also supports this upward movement, with a potential continuation towards the $320-$324 range in the coming week. Looking at the midterm perspective, it is crucial to monitor the weekly candle closure above the $316.8 mark, as it could contribute to further growth, targeting the next resistance at $338.3 by the end of the month. At present, BNB is trading at $314.9.

These engravings are incredibly beautiful and detailed, showcasing the artistry and skill involved in custom etching. The use of a dremel tool to create such intricate designs on the taillights is truly impressive. And the choice of roses as a subject adds a touch of elegance and romance to the overall piece. Truly stunning craftsmanship!

I apologize for the limited activity and delayed response on my Twitter account this week due to a highly eventful time. Please overlook the presence of my reflection, but doesn't the engraving on these taillights featuring anime, samurai, roses, and a snake look incredibly cool? The Dremel engraving, specifically on the MX5 Miata by Mazda, showcases a unique custom artistry that captures the essence of JDM culture.

This week has been absolutely wild so sorry for the lack of posts and replies to messages! Pls ignore my big head in the reflection but how cool are these 🤩 • • • • • • • • • • • #engraving #etch #taillightengraving #anime #samurai #roses #snake #dremel #dremelengraved #mx5 #miata #mazda #jdm #jdmgram #mazdamx5 #custom #customart

These taillight engravings on the Mazda Miata MX-5 are absolutely gorgeous, showcasing the artistry and precision of the engraving process. The intricate designs, combined with the glittery and holographic finish, create a truly custom and eye-catching look. It's a perfect way to add a touch of personalization and JDM style to your vehicle.

Congratulations on completing the restoration of your tail lights! The attention to detail and dedication you put into restoring them is truly commendable. The Toyota Celsior UCF10 looks even more stunning now with its restored taillights, bringing back that original style and charm. The use of the 1UZ-FE engine and JDM influence further adds to its appeal. Kudos to you for taking the time and effort to enhance the overall aesthetics of your Lexus.

I am really enjoying the aesthetic vibes created by the blacked out and red lines in this post. The engraved taillights and custom design on the Subaru Liberty are truly unique. The use of a Dremel for engraving adds an extra level of artistry. The combination of the JDM style, snake, and floral elements like flowers and roses further enhance the custom art.

Seriously vibing with blacked out and red lines! • • • • • • • • • • • • • #engraved #engraved #etch #engravedtaillights #custom #customtaillights #subaru #liberty #subaruliberty #dremel #dremelengraving #jdm #jdmgram #snake #flowers #roses #customart

Happy Friday everyone! I hope you all have an amazing weekend ahead filled with joy and relaxation. May your days be engraved with happiness and your dreams etched with success. Let the custom art of life bring you the serenity of a soaring koifish swimming amidst the beauty of cherry blossoms. Stay true to your passions, whether it's cars like the JZZ30 and SC300, or the powerhouses like 2JZ, 1JZ, and 1UZ. Embrace the JDM spirit and let it guide you towards a weekend full of adventure and excitement!

If anyone who I've previously done lights for wouldn't mind sending me videos of their lights lit up at night, I would be extremely grateful. As a gal in need of support, I promise to show my appreciation by sending all of you a free air freshener each. Your kind gesture will not only mean a lot to me, but it will also silence the many who mock me for never uploading lit up content. Let's spread some love and showcase the beauty of engraving, taillight engraving, Dremel work, Nissans, Silvias, S15s, 200SXs, Yashio Factory, JDM, S-chassis, cherry blossoms, and sakura, without the need for hashtags or emojis.

If anyone who I’ve previously done lights for wouldn’t mind sending me videos of their lights lit up at night I’ll send all y’all a free air freshener each Please support a gal in need, your kindness will be truly appreciated by me and the many that roast me for never uploading lit up content 🥺 • • • • • • • • • • • • • • • • #engraving #taillightengraving #etchedout #dremel #dremelengraved #nissan #silvia #s15 #200sx #yashiofactory #jdm #schassis #cherryblossoms #sakura

@DancingSupriya I saw this incredible custom shifter with a beautifully engraved dragon design and cherry blossoms, it's a true work of art! #customshifter #engraving #dragon #cherryblossoms #customart

Custom shifter ✔️ • • • • • • • • • • • • #custom #shifter #shiftknob #gearshifter #customshifter #dragon #engraving #engraved #etch #etched #jdm #dremel #dremelengraved #cherryblossoms #sakura #customart