Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Justin Sun Joins WLFI Advisory: TRON founder Justin Sun has become an advisor to World Liberty Financial, a decentralized lending platform supported by allies of President-elect Donald Trump.

2. OpenAI’s Text-to-Video Tool Leaked: OpenAI’s unreleased text-to-video tool, Sora, was leaked by disgruntled beta testers and artists accusing the company of unpaid contributions.

3. 📈Technical Analysis Masterclass - Bitcoin’s recent pullback to $91K after a strong rally has brought it closer to its 20-day moving average—a historically reliable support zone. Watch UseTheBitcoin’s latest Youtube video “Bitcoin’s Road to $140K | Are You Ready for This?” to see if this pause may be the setup for the next significant move or join our Official Telegram Channel for more alpha!

4. CZ Calls for Real Blockchain Solutions Over Memecoins: Former Binance CEO Changpeng “CZ” Zhao criticized the crypto community for prioritizing memecoins over meaningful blockchain innovation.

5. 💡Feature of the Day - Uniswap $15.5M Bug Bounty: Uniswap Labs has launched a $15.5 million bug bounty program for its upcoming v4 core contracts, the largest in crypto history.

   
   All this and more in today’s headlines!

📰 News Highlights:

Justin Sun Joins WLFI Advisory [Source][Source]

TRON founder Justin Sun has been named an advisor to World Liberty Financial, a decentralized lending platform backed by allies of President-elect Donald Trump.

This follows Sun’s $30 million investment in the project through HTX, his crypto exchange.

Despite initial hurdles in token sales, Sun’s involvement is expected to boost credibility and adoption.

OpenAI’s Text-to-Video Tool Leaked [Source][Source][Source][Source]

OpenAI’s unreleased Sora, a groundbreaking text-to-video tool, was leaked by a group of artists and beta testers protesting unpaid contributions to its development.

The tool briefly went live on HuggingFace before being taken down by OpenAI.

The group, operating under the alias “PR-Puppets,” accused OpenAI of exploiting their labor for testing and creative input without offering compensation or recognition.

In an open letter, they claimed hundreds of hours of feedback were ignored despite OpenAI’s $157 billion valuation.

Sora impressed users with hyper-realistic video generation capabilities, showcasing advanced handling of motion.

 📈Technical Analysis Masterclass:

Bitcoin’s Road to $140K | Are You Ready for This?

$140K Bitcoin Peak: The Prediction

Using the Fibonacci extension tool, $140K emerges as a plausible peak for Bitcoin in this bull cycle. Here's why:

• Fibonacci Methodology:

  • Measure the swing low to swing high of the rally, then project it back to the most recent low.

  • This approach has consistently aligned with past Bitcoin bull market peaks.

Historical Examples

• Example 1: A prior bull market's Fibonacci extension closely matched the cycle peak.

• Example 2: Repeating the same method in another bull market confirmed similar results.

• Example 3: Once again, Fibonacci levels accurately identified the top.

Bitcoin's bull markets often follow repeatable patterns, with Fibonacci extensions serving as strong indicators of potential highs. For this cycle, the projection points to $140K.

Will Bitcoin Hit $140K?

• Historical Patterns: Suggest the target is achievable.

• Caveats: Market conditions, external events, and unforeseen factors can impact outcomes.

CZ Calls for Real Blockchain Solutions Over Memecoins [Source][Source][Source]

Former Binance CEO Changpeng “CZ” Zhao has urged the crypto community to prioritize real blockchain innovation instead of chasing fleeting hype from memecoins.

Zhao criticized the lack of utility in memecoins, which continue to dominate headlines despite their declining market relevance.

Platforms like Binance Futures and pump.fun cater to memecoin trading demand, sparking debates about responsibility in promoting speculative assets.

💡 Feature of the Day: 

Uniswap $15.5M Bug Bounty [Source][Source][Source]

Uniswap Labs has launched a record-breaking $15.5 million bug bounty to ensure the security of its upcoming v4 core contracts.

Rewards for critical vulnerabilities could reach the full amount, making it the largest bounty in crypto history.

The program follows a $2.35 million competition earlier this year, where no critical flaws were found.

Today’s Sponsor:

This week we have partnered with Gemini.

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😂 Crypto Meme of the Day: 

Meme of the day provided by @TheBTCTherapist

And that’s it for this today.

Buy, sell, store, and convert crypto with today’s sponsor Gemini, full-reserve and highly-regulated cryptocurrency exchange and custodian!

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com