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NFT Gaming

Meta Breaks Up AI Lab as Part of Superintelligence Push

by admin August 19, 2025



In brief

  • Meta will restructure the Superintelligence Labs into four new AI-focused divisions.
  • An internal memo reveals that AI chief Alexandr Wang will lead one of the new units.
  • Zuckerberg says Meta is committed to leading in the race toward AI superintelligence.

Meta is breaking up its AI Superintelligence Labs into four divisions focused on research, infrastructure, and product development, part of a broader effort to accelerate progress toward so-called superintelligence.

Meta’s chief AI officer, Alexandr Wang, said in the memo that the Superintelligence Labs will be divided into smaller units focused on AI research, infrastructure, hardware, product integration, and the company’s long-term superintelligence goals.

“Superintelligence is coming, and in order to take it seriously, we need to organize around the key areas that will be critical to reach it,” Wang wrote, according to an article on Bloomberg, which first reported the story.

Meta confirmed the reorganization in an email to Decrypt, but declined to provide further details.



The restructured Meta Superintelligence Labs (MSL) will include four groups:

  • TBD Lab, led by Wang
  • FAIR (Fundamental AI Research)
  • Products and Applied Research, led by former GitHub CEO Nat Friedman
  • MSL Infra, which will oversee Meta’s AI infrastructure

The shake-up follows an aggressive hiring spree in which Meta poached top talent from firms like OpenAI, Anthropic, GitHub, and Google DeepMind. In June, Meta invested $14 billion in Scale AI, naming Wang—Scale’s CEO—as Meta’s new chief AI officer. That same month, OpenAI CEO Sam Altman accused Meta of offering $100 million in job packages to lure his staff.

According to a separate New York Times report, which cited sources familiar with the matter, some executives are expected to leave following the restructuring. Meta is also reportedly considering integrating third-party AI models into its products, marking a shift from its past reliance on in-house AI development.

CEO Mark Zuckerberg has made AI and, more recently, achieving superintelligence central to Meta’s long-term vision. In the company’s second-quarter earnings call, CFO Susan Li said capital expenditures could hit $72 billion by year’s end, driven largely by AI-related infrastructure.

In a recent post, Zuckerberg doubled down on Meta’s push toward superintelligence.

“I am extremely optimistic that superintelligence will help humanity accelerate our pace of progress,” he wrote. “But perhaps even more important is that superintelligence has the potential to begin a new era of personal empowerment where people will have greater agency to improve the world in the directions they choose.”

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August 19, 2025 0 comments
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Jamie Crawley
Crypto Trends

Internet Computer Slides 7% as Institutional Pressure Breaks Support

by admin August 18, 2025



Internet Computer Protocol (ICP) fell over the last 24 hours, losing 7% of its value.

The token dropped to a low of $5.27, breaking through critical support levels and raising concerns about sustained institutional interest in the project, according to CoinDesk Research’s technical analysis data model.

Market data showed ICP falling below the $5.48 support threshold during the early hours of Aug. 18, with trading activity spiking to 708,905 units, nearly double the daily average of 386,248 units. Analysts flagged this pattern as evidence of coordinated selling among large investors and corporate treasury desks. A bounce was short-lived, with the token falling back to $5.29.

The crypto market at large is dealing with bearish pressure following an ignition of concerns over U.S. inflation after last week’s Producer Price Index (PPI) reading for July 2025 was hotter than expected.

A downturn in the broader crypto market can increase selling pressure on tokens like ICP due to a general risk-off sentiment, reduced liquidity, and the tendency of investors to sell more speculative assets first.

Technical Analysis

  • ICP fell 7% from $5.67 to $5.27 on Aug. 17–18.
  • Critical support level at $5.48 was breached during early Aug. 18 trading.
  • Volume surged to 708,905 units, almost double the 24-hour average of 386,248 units.
  • Recovery attempts failed, with a 1.12% drop from $5.35 to $5.29.
  • Current price consolidation near $5.29 reflects waning institutional participation.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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August 18, 2025 0 comments
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IOTA rides rebased upgrade to record TVL as token breaks out
NFT Gaming

IOTA rides rebased upgrade to record TVL as token breaks out

by admin August 18, 2025



IOTA’s Rebased upgrade is paying off. Just months after launch, the layer-1 network has hit an all-time high $36 million in total value locked, fueled by double-digit staking yields and rising transaction activity — momentum that has chart watchers betting on a bullish breakout toward $0.50.

Summary

  • IOTA price token was flat on Sunday, Aug. 17. 
  • Its monthly network transactions jumped by over 30%.
  • The total value locked rose to a record high of $36 million.

IOTA transactions and TVL jumps

IOTA (IOTA) token was trading around $0.2125 at last check on Aug. 17, up by 50% from its lowest level this year. 

IOTA, a layer-1 network, is performing relatively well, just a few months after launching the Rebased upgrade. Rebased was a major upgrade that introduced more decentralization by adding new validators. 

It also enabled IOTA holders to stake their tokens and earn double-digit returns. Nansen data shows that it now has staking yield of 13%, higher than most coins. 

Rebased also introduced MoveVM smart contracts, enabling developers to build their decentralized applications in areas like DeFi and gaming. 

Data shows that the total value locked in IOTA’s platform has continued rising this month and currently stands at an all-time high. Swirl, the biggest liquid staking platform, jumped by 2.8% in the last 30 days to $17.14 million. 

Pools Finance’s TVL rose to $11 million, while Virtue has gained $8.14 million. This brings its TVL to $36 million, up from $10 million in July this year. While this TVL is still smaller compared to its peers, it is moving in the right direction.

IOTA’s network is also growing in terms of transaction growth. It handled 779,900 transactions in the last 30 days, a 31% increase, indicating that users are interacting with it. 

IOTA price technical analysis

IOTA price chart: Source: crypto.news

The daily timeframe chart shows that the IOTA token formed a double-bottom pattern at $0.1420, its lowest level in April and June this year. A double-bottom is a typical bullish reversal pattern characterized by two distinct lows and a neckline, which, in this case, is at $0.2742. 

IOTA token has moved slightly above the 50-day and 100-day moving averages. The Relative Strength Index and the MACD indicators have moved sideways.

Therefore, the IOTA price will likely bounce back and possibly retest the key resistance point at $0.2742, its highest point in May, and the neckline of the double-bottom pattern. 

A move above that level will indicate further gains, potentially reaching the psychological point at $0.50, which is up 135% from the current level. A drop below the double-bottom point will invalidate the bullish forecast.



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August 18, 2025 0 comments
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A screenshot featuring the character from MindsEye.
Esports

MindsEye lead actor breaks silence on negative reception: “I completely understand”

by admin June 26, 2025



MindsEye’s lead actor, Alex Hernandez, has spoken up for the first time since the game’s rocky launch, saying he ‘completely understands’ the frustration.

The debut release from Build a Rocket Boy, a studio founded by ex-Rockstar North president Leslie Benzies, didn’t quite go according to plan. MindsEye is currently the lowest-scoring game of the year on MetaCritic at 38 based on 12 critic scores.

For the most part, this score can be attributed to the many bugs hindering the experience at launch. Some are amusing enough to brush by, but others had a deleterious impact. The situation was similarly dire to the launch of Cyberpunk 2077, wherein, PlayStation was even issuing refunds.

Article continues after ad

It’s been nothing but bad news ever since, with the dev team facing layoffs as a result of the poor reception. Now, the face of the game has broken his silence.

Alex Hernandez, who portrays lead character Jacob Diaz, admitted he ‘completely understands the frustration’ around MindsEye.

Article continues after ad

MindsEye actor “understands the frustration”

“It’s had a complicated reception,” Hernandez said in an interview with Check It TV. As a gamer himself, the actor assured he empathizes with the community and those who paid to access MindsEye right out of the gate.

Article continues after ad

“As a gamer myself, I completely understand the frustration. As a consumer, there’s a shared frustration. Why would you, as a company, release something that seemed to not be ready in that way?”

“I think it does more long-term harm than good to release something that feels like it’s in a state that’s less than 100%, and charge 100% of the price.”

Build a Rocket BoyMuch of the criticism around MindsEye stemmed from its gameplay, not its narrative.

Despite the reception, however, Hernandez reflects fondly on the experience as a whole, saying he worked with “good people who were trying to do a good thing.”

Article continues after ad

“I loved working on it. The cast was great, everyone showed up and gave their all. I had a blast.”

“Games are hard to produce. It’s a really huge undertaking to get one off the ground at all. I’m proud of the people that I worked with. It’s a shame the gameplay, in particular, has received such negative reception.”

Article continues after ad

Amusingly though, he’s not afraid to poke fun at the end product, even at his expense. Hernandez admitted he’s seen a fair few of the more viral bugs circulating across social media. Rather than being frustrated by them, he’s able to have a laugh, especially when they involve the protagonist.

Article continues after ad

“In terms of the story and the cinematics, there are a couple of glitches I find amusing. Turning into some weird creature. I love that stuff.”



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June 26, 2025 0 comments
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GameFi Guides

Bitcoin Cash Breaks Out, Cardano Breaks Down as Crypto Traders Hold Breath on Fed: Analysis

by admin June 25, 2025



In brief

  • Bitcoin Cash (BCH) rallies 6% with strong buying pressure and positive momentum indicators.
  • Cardano (ADA) slides 3.5% below key moving averages with bearish signs all around.
  • Fed is holding rates steady, and crypto traders eagerly await clearer monetary policy direction.

The effects of the ceasefire between Israel and Iran seems to have already been digested by traders as markets today cool down after big jumps earlier this week. Only two coins (Pi and Maple Finance) are up more than 10% with the average price appreciation in the top 100 coins by market cap being around 2%, and the average dip around that mark too.

But crypto traders are pushing upwards: total cryptocurrency market cap across the sector is up to $3.283 trillion, a modest 0.81% daily increase.

Traditional markets also remained relatively stable with the S&P 500 rising slightly to 6,097 points, gaining 0.07% from the previous session. The Federal Reserve’s decision to maintain interest rates at 4.25%-4.5% continues to create a wait-and-see environment, with Fed Chair Jerome Powell stating the central bank is “well positioned to wait” for more economic clarity. Looking ahead, traders on Myriad—a prediction market developed by Decrypt’s parent company Dastan—currently believe the Nasdaq will outperform the S&P 500 in the month of June.



Meanwhile, some coins are—as usual—doing better than others today, with Bitcoin Cash and Cardano traders making moves—perhaps with the urge to feel something on an otherwise boring markets day.

Bitcoin Cash (BCH) breaking out

Bitcoin Cash trading data. Image: TradingView

Bitcoin Cash, the original fork of the original Bitcoin, demonstrated its strength today, surging approximately 6% to $481.30 as it successfully breached the critical $470 resistance level that had capped prices throughout most of the month. This breakout came with substantial trading volume and multiple bullish technical confirmations.

The Relative Strength Index, or RSI, sits at a healthy 61, indicating strong bullish momentum without reaching overbought territory. This reading suggests buyers are in control, but there’s still room for further upside before hitting the typical 70+ overbought threshold where profit-taking often occurs. The RSI measures the speed and magnitude of price changes, and readings between 50-70 are generally considered bullish momentum zones.

The Average Directional Index, or ADX, reads 20, just below the crucial 25 threshold that confirms established trend strength. While this indicates the trend is weak and still developing rather than fully established, the rising trajectory suggests momentum is building toward a more decisive breakout. The ADX measures trend strength regardless of direction—readings above 25 typically signal strong trending conditions that traders often follow.

Moving Average Configuration: BCH is trading well above both its 50-day EMA (around $385) and 200-day EMA (near $352), creating a widening gap known as the “moving average divergence.” This growing separation signals a strong, sustained trend. The 50-day EMA, averaging prices over roughly 2.5 months, often acts as dynamic support in an uptrend, while the 200-day EMA reflects the broader market direction. With the 50-day EMA above the 200-day, short-term momentum is outpacing the longer-term trend—recent buyers are paying significantly more than those who entered 200 days ago, and the expanding distance between the two lines suggests that buying pressure remains intense.

The Squeeze Momentum Indicator shows “ON” status with an upward trajectory, suggesting price compression is being released to the upside. This indicator identifies periods when volatility contracts before major moves—the “ON” reading indicates the squeeze is active and momentum is building. This is not definitive, but suggest caution, either with a strong price break in a positive direction, or a heavy correction to come.

Overall, BCH is going up, but it’s possible that traders interpret its current zone as a tough one with indicators giving mixed signals.

Key Levels:

  • Immediate support: $460-$470 (recent breakout zone now becomes support)
  • Strong support: $385 (50-day EMA)
  • Immediate resistance: $500 (psychological level and next major barrier)
  • Strong resistance: $540 (measured move target from recent consolidation)

Cardano (ADA) breaks down

Are Cardano dudes even into Cardano anymore? During his most recent livestream, Cardano founder Charles Hoskinson proposed the Cardano Treasury get rid of nearly $100 million worth of ADA to buy a basket of stablecoins alongside Bitcoin and other synthetic assets.

Take this however you want. This is either a good sign for the network, as it helps increase DeFi liquidity and further decentralize the structure for long-term ecosystem growth, or the team doesn’t want the risk of hodling a coin that has not had a true bullish cycle since 2021.

Cardano (ADA) trading data. Image: TradingView

During the last 24 hours, markets seem to have taken the news with bitterness. ADA experienced a stark 3.5% drop to $0.5669 as multiple technical indicators flashed bearish signals.

The price action suggests ADA is struggling to maintain key support levels amid broader altcoin weakness.

Cardano (ADA) trading data. Image: TradingView

The RSI has dropped to 35, approaching oversold territory below 30 but not yet there. This reading indicates selling pressure is intensifying, and while oversold conditions could eventually trigger a relief bounce, the downward momentum suggests more weakness may be ahead. RSI readings below 40 often indicate bearish momentum, especially when accompanied by other negative signals.

The ADX registers 26, confirming a strong trend is in place. However, with the price declining, this strong ADX reading actually confirms the bearish trend’s strength rather than supporting a bullish case. This is why technical analysts always examine ADX alongside price direction—a high ADX with falling prices indicates strong downward momentum.

ADA trades below both its 50-day and 200-day EMAs, with the indicators showing a concerning pattern. The price trading below both moving averages suggests the trend has shifted bearish across multiple timeframes. When shorter-term averages fall below longer-term ones, it typically indicates sustained selling pressure and loss of investor confidence.

The Squeeze Momentum Indicator shows “OFF” status with negative momentum, indicating recent volatility has been released to the downside and further compression may be limited. This often translates to continued directional movement—in this case, potentially more downside.

Key Levels:

  • Immediate support: $0.5500 (psychological level and potential bounce zone)
  • Strong support: $0.5000 (major psychological level)
  • Immediate resistance: $0.5900 (must reclaim to signal recovery)
  • Strong resistance: $0.6400 (50-day EMA area that would indicate trend reversal)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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June 25, 2025 0 comments
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Ripple
GameFi Guides

The Satoshi Of XRP Returns: Ripple Co-Founder Suddenly Breaks 14-Year Silence

by admin June 24, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The XRP community is in shock following the emergence of Ripple’s co-founder, Arthur Britto, after a 14-year silence. Britto has been inactive on the X platform over these years but is known to have played a major role in Ripple and the XRP Ledger’s (XRPL) development. 

Ripple Co-Founder Makes First-Ever Post On X

Arthur Britto made his first ever post on the X platform on June 23, despite joining the platform in August 2011. His post was simply a blank face emoji, which got the XRP community wondering what it might mean and why exactly the Ripple co-founder has returned now. Britto has cut a mysterious figure, despite co-founding the crypto firm alongside Jed McCaleb and Chris Larsen. 

Following Britto’s first X post, Ripple Chief Technology Officer (CTO) David Schwartz confirmed that the Ripple co-founder wasn’t hacked or compromised. Well-known XRP Ledger Validator Vet also replied, saying ‘no way,’ expressing his shock at Britto’s remergence. Meanwhile, Pumpius, a prominent XRP community member, gave an overview of who Britto was. 

In an X post, he first declared that the co-founder may be the “most important ghost in crypto history,” putting him ahead of Bitcoin founder Satoshi Nakamoto, who remains a mystery. Pumpius further stated that Britto helped build the XRP Ledger to help create a neutral bridge asset capable of handling global liquidity. 

Arthur Britto is also said to have designed the 100 billion XRP supply cap and co-authored the XRP whitepaper before he then disappeared without any trace on social media. Away from Ripple and the XRP Ledger, Pumpius revealed that Britto now runs PolySign. The company is working on building institutional custody, and Ripple allegedly has ties to PolySign. 

Community Members Raise Price Angle 

XRP community members also related Arthur Britto’s reemergence to the XRP price and what it could mean for the altcoin. Prominent community member Edo Farina said that the co-founder’s post has to be the “moon sign” that XRP holders have been waiting for, indicating that the price might soon surge. 

Crypto influencer John Squire highlighted how the co-founder was the same person who once said that XRP was designed to reach $10,000. He then questioned if this was a coincidence or if something big was brewing. Squire went on to answer the question by highlighting how the XRP Ledger has recorded its highest transactions in four months this week. 

He added that Britto’s appearance also coincides with “record on-chain volume, Ripple IPO rumors, and pre-bullrun conditions.” Based on this, he declared that the Ripple co-founder’s sudden burst into the scene is “not nothing” but most likely a pattern. 

At the time of writing, the XRP price is trading at around $2.19, up over 7% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 24, 2025 0 comments
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Bitcoin (BTC) Breaks Out: What's Next? XRP: 5 Days Left for It, Dogecoin (DOGE): On Verge of Plummeting
Crypto Trends

Bitcoin (BTC) Breaks Out: What’s Next? XRP: 5 Days Left for It, Dogecoin (DOGE): On Verge of Plummeting

by admin June 21, 2025


  • XRP’s key moves
  • Bitcoin is alive

As Dogecoin gets closer to what could be its last line of defense on the charts, it is skating on thin ice. Although the asset has been kept above a complete collapse thus far by the critical support level at $0.17, waning market interest and waning momentum are sending alarming signals everywhere.

After an extended downward trend that started in early June, DOGE is currently trading around $0.1704 from a technical perspective. With the 50 EMA (blue) and 100 EMA (orange) serving as overhead resistance, price action has been resolutely bearish and has failed to regain any of the major moving averages despite a brief attempt at a bounce around the $0.18 zone.

DOGE/USDT Chart by TradingView

The fact that the 200 EMA is still well above the present level emphasizes how far away any meaningful recovery is. Trading volume has been steadily declining, which is more concerning than the price alone. The daily chart’s volume bars have been getting smaller for weeks, which suggests that buyers are not as convinced. This type of volume collapse frequently signals capitulation in which investors give up and liquidity evaporates, opening the door for sharp declines. 

The next likely support is at $0.14 if DOGE is unable to hold $0.17, but even that could be in jeopardy given the present lack of market interest. Should the market fall below these thresholds, psychologically debilitating zones could emerge around $0.10; worse, DOGE might even add a zero, falling below the 10 cent mark for the first time in months.

XRP’s key moves

XRP is quickly approaching a pivotal point. Since early June, a symmetrical triangle pattern has been forming on the asset’s daily chart, and it is currently consolidating within it. Although neutral by nature, this technical formation is approaching its peak, so it will be about five days before a clear breakout or breakdown occurs. At the moment, XRP is trading at about $2.17, just above the 200-day moving average, which serves as a last line of defense for bullish enthusiasm.

A typical pre-breakout volatility squeeze is reflected in the price’s declining volume as it stays compressed between descending resistance and ascending support. Since symmetrical triangles are frequently used as continuation or reversal setups, they have historically produced sharp directional moves, particularly when they form following a significant trend.

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The fact that the RSI indicator is still neutral and hovers just above 45 indicates that neither bulls nor bears are clearly in control. Nonetheless, a cautious picture is painted by the declining upward thrust and the absence of aggressive buying volume.

The tightening triangle structure is what makes this five-day window crucial. The price action may accelerate quickly after it exits the formation. We might see a quick retracement down to $1.95 or even $1.80, which are the locations of historical support zones if XRP is unable to maintain the reaching trendline support and the 200-day MA around $2.09.

Conversely, breaking above the triangle’s resistance and regaining important levels like $2. 24 would refute the bearish thesis and possibly spur a rally toward the $2.40-2.50 region. In the days ahead, traders and investors should expect a spike in volatility.

This period of uncertainty will not last long because XRP’s symmetrical triangle is winding tighter and the market will react appropriately once the pressure valve opens. Either way, XRP is getting ready for a big move. 

Bitcoin is alive

After a period of consolidation, Bitcoin is finally displaying signs of strength once more. It has broken out of the $106,000 price range, which has been a psychological barrier and resistance level for the past few weeks. Although the breakout is still in its early stages, market players are becoming cautiously optimistic, particularly given that Bitcoin is currently trading at about $105,900.

The successful test and bounce off the 26-day Exponential Moving Average (EMA), which served as dynamic support during Bitcoin’s April surge, is the primary technical signal that supported this move. A possible push toward the $110,000 mark that currently delineates the upper boundary of Bitcoin’s descending triangle formation is made possible by this breakthrough, which indicates that bulls are regaining control. 

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The price action is tight and steady, indicating accumulation rather than distribution, but the volume is still a little muted in comparison to major impulsive phases. The next battleground will be the $110,000 ceiling if buying pressure continues to rise. The short-term downward trend would be invalidated by a clear break above it, which would also probably encourage institutional and retail participants to begin moving again.

The psychological and technical support at around $102,000 is the next best line of defense on the downside after the 26 EMA at about $104,500. The bullish scenario remains intact as long as Bitcoin stays above these zones. Given the persistent geopolitical and monetary policy tensions, Bitcoin’s ability to withstand market uncertainty lends weight to this breakout in terms of macro sentiment. Bitcoin is now approaching a point where volatility could increase significantly due to whales’ ongoing accumulation and the gradual waning of fear.



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June 21, 2025 0 comments
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