I liked the first one how it had the DOOM/ID in the background, but yeah, the second one is a little clearer. That said, not clear enough. Remember, this can be compressed to like, an inch across in places. At that size, the gavel is obscured in the second, and the blurry part of the word becomes a red smudge. But like you said, moving the red word too low risks it getting covered by the timestamp.
My solution, for the timestamp at least, has been to take a screenshot of a thumbnail of a video you've watched on youtube, then in a photo editor, draw black boxes around anything that'll obscure your thumbnail. Delete the original image, save it, and now you have a template of what areas to avoid when crafting the thumbnail.
Doing this, you can maximize space, perhaps hiding the platform the gavel smacks under the timestamp, and having the gavel smash the timestamp itself.