CFTC and SEC chairs held a joint agency event on January 29 to discuss a unified approach to crypto regulation. The effort will circumvent the fragmented oversight that leads to economic costs.
At the same time, the wider market entered a deeper correction as fears of another government shutdown led to a series of liquidations. Still, the traders are scoping out the best crypto to buy now as they are adamant on growing their portfolios.
Since the short-term volatility can be expected, DeepSnitch AI attracted some extra attention as its presale status could help traders circumvent any rapid swings.
Raising $1.4M, the project demonstrated a high interest in its underlying AI agent prediction/analytics suite and solidified a wider 100x community narrative.
Eliminated fragmented crypto oversight
On January 29, CFTC Chair Michael Selig said that the agency will join the SEC’s Project Crypto, launched in July to bring regulatory clarity to digital assets.
At an SEC-CFTC discussion on unifying the approaches, Selig stated the collaboration aims to “advance a clear crypto asset taxonomy, clarify jurisdictional lines, remove duplicative compliance requirements, and reduce regulatory fragmentation.”
Moreover, Sellig stressed the pitfalls of fragmented oversight, including economic costs, reducing competition, and encouraging regulatory arbitrage. Thus, aligning requirements without blurring statutory boundaries is imperative.
The move follows the Senate Agriculture Committee advancing a digital asset market structure bill along party lines Thursday, which is expected to define clearer roles for the SEC and CFTC.
Both agencies intend to “modernize and harmonize” regulation to future-proof US markets, with SEC Chair Paul Atkins calling for an end to past “turf wars” in favor of cooperation.
Meanwhile, the search for the best crypto to buy now is in full swing with traders planning to capitalize on further regulatory clarity and avoid any short-term volatility.
Top cryptocurrencies to buy today
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DeepSnitch AI: Why is DSNT attracting whales?
DeepSnitch AI recently raised $1.4M and is approaching the end of Stage 4. Generally speaking, the project has proved to be resilient against wider macroeconomic challenges and has consistently drawn in fresh capital. This makes it the best crypto to buy now if you’re adamant on keeping your investment safe.
At the price of $0.03755, DeepSnitch AI is certainly affordable. However, affordability is only one of the reasons why the community believes DSNT could be the next crypto to 100x. The core driver remains the platform’s powerful utility.
DeepSnitch AI is building a platform that combines five advanced AI agents into a central intelligence layer. Owing to the powerful, DeepSnitch AI is capable of delivering institutional-grade insights via a simple ChatGPT-style interface.
For instance, paste any contract address into the chat box, and you’ll receive comprehensive risk assessments that slash DYOR time, spot breakout setups, and flag rug pulls, honeypots, and liquidity traps.
Along with actionable insights, DeepSnitch AI can also predict FUD storms and sentiment reversals before other traders catch on to anything.
The fundamentals provide DeepSnitch AI with mass adoption potential, and the latest discount codes only serve to strengthen the existing buzz around the project.
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Bitcoin: Can BTC stage a new rally?
On January 29, BTC crashed from $89K to as low as $83K before recovering to $84K temporarily, according to CoinMarketCap.
Buyers are expected to defend the current level at $82k aggressively, as dropping further risks a deeper slide toward $80K, then the major support zone at $74.5K.
Yet, a reversal is also possible, which means that Bitcoin could be the best crypto to buy now if you’re fine with waiting for a pump.
A clean break and close above the moving averages would signal renewed buyer strength, targeting the $94K to $97.9K resistance zone. A sustained move above this area would confirm that the corrective phase is over and open the path to higher highs.
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Shiba Inu: Is SHIB gearing up for a recovery run?
According to CoinMarketCap, SHIB declined to around $0.000007340 on January 29.
The murmurs of a rally made SHIB one of the trending coins this week, but is this meme still the best crypto buy now, even after the crash?
RSI continues compressing against the neutral 50 line while printing a series of higher lows, which may indicate that a bullish price action is coming. Similarly, the MACD is approaching a golden cross above the signal line.
Yet, a decisive breakout will happen only if SHIB pushes through the key psychological resistance at $0.00001. If flipped into support, the setup could play out, and SHIB could target the area around $0.000024.
Final words: Keep your bag safe
The recent market crash sent shockwaves through major coins, which shook out many investors. However, this is exactly why presales like DeepSnitch AI are thriving during volatile times.
DeepSnitch AI has raised $1.4M by blending powerful AI-driven utility with explosive community conviction, proving resilient demand even amid the dip.
Considering many see it as the best crypto to buy now, a 100x move is realistic on its current $0.03755, especially if the current momentum continues.
The FOMO is surging, helped by the exclusive early perks. For instance, the whale-friendly DSNTVIP300 delivers 300% extra tokens on $30K+ investments, which rounds out to $90K worth of DSNT at today’s price.
Keep your bags safe from volatility and join the DeepSnitch AI presale now. Keep an eye on the latest project updates on X or Telegram.
FAQs
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What makes DeepSnitch AI the best crypto to buy now?
DeepSnitch AI stands out as the best crypto to buy now, with $1.4M raised, an affordable $0.03755 entry, five AI agents slashing DYOR time, flagging rug pulls/honeypots/liquidity traps, and predicting FUD & sentiment shifts. The community expects 100x gains post-launch.
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Why is DeepSnitch AI attracting strong interest in the current market?
DeepSnitch AI’s resilient presale traction could boost whale demand while also protecting traders from short-term volatility swings.
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How could the CFTC-SEC joint effort affect the crypto market outlook?
CFTC and SEC chairs discussed unifying crypto regulation on January 29 to clarify taxonomy, reduce fragmentation, eliminate duplicative rules, and lower economic costs. This could potentially boost confidence, competition, and long-term market stability for digital assets.
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