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According to Lighthouse Pro, as of 11:51 a.m. today, the total pre-sale box office for new films scheduled for the 2026 Spring Festival has exceeded 10 million yuan.On February 9th, according to Tianyancha intellectual property information, Xiaomi Automotive Technology Co., Ltd.s patent application for "Suicide Door Vehicle and Locking Assembly" was granted on February 6th. The abstract shows that the disclosed suicide door vehicle includes a vehicle body, a first door body, a second door body, a locking assembly, and a hinge assembly. The rotating side of the first door body is hinged to the vehicle body; the rotating side of the second door body is also hinged to the vehicle body, and the opening side of the second door body is used to engage with the opening side of the first door body; the locking assembly is disposed on the vehicle body and can move along a first direction between a first position and a second position, and remains locked to the locking assembly during the movement of the opening side of the second door body between the first and second positions; the hinge assembly is disposed on the vehicle body and connected to the rotating side of the second door body, allowing the rotating side of the second door body to detach from or approach the vehicle body along a first trajectory, and causing the opening side of the second door body to rotate and open or close along a second trajectory. Based on this, the disclosed invention can achieve disordered door opening of the suicide door vehicle, improving the user experience.On February 9th, it was reported that on February 5th, 2026, General Motors filed an application with the U.S. International Trade Commission under Section 337 of the Tariff Act of 1930, alleging that certain automotive parts, components, and vehicles containing a machine exported to, imported into, or sold in the U.S. infringe its patent rights. General Motors requested a Section 337 investigation and the issuance of a general exclusion order, a limited exclusion order, and a cease and desist order. Twenty companies, including those from the U.S. and China, are involved in the case.The yield on 5-year Japanese government bonds rose 4.0 basis points to 1.725%. The yield on 20-year Japanese government bonds rose 1.5 basis points to 3.145%.February 9th - BNP Paribas economists stated that given Japanese Prime Minister Sanae Takaichis expansionary fiscal policies could further push up inflation, the Bank of Japan (BOJ) is expected to raise interest rates at a slightly faster pace than previously anticipated. Analysts predict the BOJ will raise rates in April, and then continue tightening policy every four to five months until the policy rate reaches 2%. The report noted, "Depending on future exchange rate movements, the possibility of the next rate hike occurring as early as March cannot be ruled out." Japanese officials have previously warned that the government is prepared to take measures against excessive yen volatility.

After Avalanche’s 20% Weekly Spike, Can AVAX Reclaim the $35 Level?

Skylar Shaw

Aug 11, 2022 12:00

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After the altcoin's recent 30% price increase from the $22 level, Avalanche (AVAX) has been on the watchlists of the majority of cryptocurrency traders. AVAX was trading at $29.06 at the time of writing and has recaptured position 12 in the market capitalization ranking of cryptocurrencies, showing a 5% increase on the daily chart.


Many in the market anticipate another wave of price growth for AVAX toward the $35 level with higher market gains. What lies ahead for Avalanche now that its basics seem to be solid?

New Avalanche Achievements

The Avalanche network achieved a new milestone on August 9 during the last trading hours of the Asian session, when the currency had its greatest daily transaction volume ever. As the indicator crossed the 1.51 million transaction threshold, the daily transaction count for AVAX achieved an all-time high.


It wasn't the most remarkable item, but the huge transaction volume suggested more enthusiasm or hope in the market for the ecosystem. The fact that AVAX had more transactions on August 9 than Ethereum, Arbitrum, and Optimism all together was one of the funniest aspects about the coin's high transaction volume.


The price increase for AVAX began to gain steam around August 6 with a 9% increase. Many cryptocurrency observers believed that the development of Avalanche-based NFTs was the primary cause of the coin's upward momentum.


The trading volumes of NFTs based on Avalanche increased 30% on August 9. Additionally, NFT sales showed a nearly 10% increase within the same period.


Robinhood also declared support for Avalanche and Stellar (XLM), which contributed to the positive momentum's expansion.


AVAX Bulls Eye the $35 Level AVAX's price recently reached a low of $13.75; nevertheless, the coin's rapid rebound has given investors in tokens cause for confidence.


Notably, AVAX shown remarkable signals of recovery from the longer-term decline the cryptocurrency has seen for more than four months. The bullish reversal has increased the altcoin's price by almost 110% from June 2022, when it was at a lower price point.


AVAX's price rising over the crucial $30 threshold may help bulls' market momentum in the near future.


The $36 and $51 levels would be the next resistances in the near future for AVAX that bears might hold.


However, daily trading volume increased by 22% during the previous 24 hours from press time, indicating a revival of retail momentum for AVAX. Since AVAX's price surged over the crucial $28 barrier, there is a good probability that the coin will reach the $35 level unless bears seize the initiative.

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