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XRP Zooms 3% as Bitcoin Spikes on Powell Comments
Crypto Trends

XRP Zooms 3% as Bitcoin Spikes on Powell Comments

by admin August 24, 2025



XRP Spiked 3% as Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday, causing bitcoin (BTC) and major tokens to move higher.
470 million token selloff drove volume spikes and heavy resistance at $2.92, while ETF delays and weak security rankings compound bearish pressure.

News Background

• Institutional liquidations dominated trading as 470 million XRP were offloaded across major exchanges during the Aug. 21–22 window, triggering a sharp selloff.
• On-chain settlement volumes surged 500% to 844 million tokens on Aug. 18, one of the largest spikes this year, signaling adoption growth despite market weakness.
• The SEC postponed rulings on XRP ETF applications, including Nasdaq’s CoinShares filing, now expected in October. The delay adds to regulatory uncertainty.
• A security assessment placed XRPL at the lowest ranking among 15 blockchains, raising concerns about network robustness and adding to bearish sentiment.

Price Action Summary

• XRP declined 3.1% in the 24-hour session from Aug. 21 13:00 to Aug. 22 12:00, falling from $2.89 to $2.80.
• The token ranged $0.12, a 4.25% volatility band, between a $2.92 peak and $2.80 trough.
• The sharpest move occurred at 19:00 on Aug. 21, when XRP was rejected at $2.92 on 69.1M volume, confirming major resistance.
• Final hour trading (Aug. 22 11:24–12:23) saw XRP drop 2.5% from $2.82 to $2.80 on surging volume of 7.2M, confirming bearish continuation.
• Support emerged near $2.80–$2.85, but accumulation interest weakened with each retest.

Technical Indicators

• Resistance hardened at $2.92 on 69.1M volume rejection.
• Support identified at $2.80–$2.85 zone, though weakening on repeated tests.
• Volume spiked to 96M at 11:00 Aug. 22, confirming bearish follow-through.
• Trading range of $0.12 (4.25%) highlights volatility concentration.
• Final hour selloff of 2.5% with 7.2M volume validated bearish continuation.

What Traders Are Watching

• Whether $2.80 can hold as support; a break risks acceleration toward $2.75.
• ETF-related headlines, with October decisions key to broader institutional flows.
• Whale accumulation patterns — on-chain adoption growing, but price failing to reflect fundamentals.
• $2.92–$3.00 resistance zone as breakout trigger for bullish reversal.



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August 24, 2025 0 comments
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Shaurya Malwa
NFT Gaming

DOGE Surges 5% Amid Trump-Affiliated Dogecoin Mining Deal and Fed Comments

by admin August 22, 2025



Dogecoin rallied on Tuesday after a string of regulatory and corporate catalysts shifted sentiment across the crypto sector. A $50 million Trump-linked acquisition of a DOGE mining firm, Wyoming’s launch of a state-backed stablecoin, and comments from Federal Reserve officials signaling a softer stance on digital assets all converged to trigger fresh institutional flows.

News Background

• Thumzup, a Trump-affiliated entity, acquired Dogehash for $50 million, creating what executives described as the largest DOGE mining operation. The deal signals deep-pocketed confidence in Dogecoin infrastructure.
• Wyoming unveiled the Frontier Stable Token, the first government-backed state stablecoin, reinforcing the U.S. regulatory pivot toward digital assets.
• Fed Vice Chair Michelle Bowman warned banks about competitive risks from delaying digital asset adoption, signaling a more crypto-accommodative posture.
• SoFi Technologies integrated Bitcoin’s Lightning Network, targeting the $740 billion remittance market — another signal of traditional finance edging deeper into crypto rails.

Price Action Summary

• DOGE traded in a $0.01 band from $0.21 to $0.22 between Aug. 20 15:00 and Aug. 21 14:00, marking ~4–5% intraday volatility.
• The token rallied 5% from $0.21 to $0.22 during the Aug. 20 evening session, establishing $0.22 as near-term resistance.
• A late-session 60-minute window (Aug. 21 13:22–14:21) saw DOGE surge 1% from $0.22 to $0.22 with volume spikes above 61.8 million, confirming institutional activity.
• Support consistently held in the $0.21–$0.22 zone with bounces on 320–380 million volume across key testing points.

Technical Analysis

• Support: $0.21–$0.22 established as reliable floor with repeated high-volume retests.
• Resistance: $0.22 key pivot cleared, but bulls need follow-through toward $0.225 to confirm breakout.
• Volume: Peak surges of 61.8 million and 378.6 million confirm institutional buying interest.
• Pattern: Classic consolidation followed by impulsive breakout; upward trajectory if support base holds.
• Futures OI: Stable around $3 billion, reflecting sustained leveraged interest despite macro volatility.

What Traders Are Watching

• Whether DOGE can sustain above the $0.22 pivot and push toward $0.225–$0.23 resistance.
• The market’s reaction to Fed policy shifts and Wyoming’s stablecoin launch — potential sector-wide tailwind.
• Whale accumulation patterns, already totaling 2 billion DOGE ($500M) this week.
• Mining sector expansion via Thumzup’s acquisition and its impact on DOGE’s hashpower distribution.



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August 22, 2025 0 comments
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AI Translation Of Smash Bros. Director's Comments About AI Misses Nuance, Sparks Outrage
Game Updates

AI Translation Of Smash Bros. Director’s Comments About AI Misses Nuance, Sparks Outrage

by admin June 24, 2025


After directing Super Smash Bros. Ultimate and then taking a break from game directing to moonlight as a YouTuber and educate fans about game design, Masahiro Sakurai recently revealed he’s returned to development to work on Kirby Air Riders for Switch 2. But this past weekend, a comment Sakurai made about companies using AI in production drew harsh criticism. According to some experts, the mini-outrage was spurred on by a poor AI translation of what Sakurai actually said, and shows the pitfalls of a media ecosystem that increasingly relies on machine translation to understand a global medium.

6 Things To Know Before Starting Persona 5 Tactica

“Super Smash Bros. Director Masahiro Sakurai says large scale game development is becoming too time consuming and unsustainable,” read a now-deleted summary of an interview Sakurai gave to ITmedia Business Online, a summary that rapidly spread on websites and subreddits over the weekend. “He believes Generative AI is an option to improve work efficiency.”

The summary relied on machine translation of what Sakurai had said, an increasingly common practice on social media where information sources for companies, many of which reside in Japan, are frequently in other languages (indeed X, formerly known as Twitter, has a translation tool directly built in, while places like Bluesky link out to Google’s tools). Amid growing criticisms that generative AI initiatives are just over-hyped plagiarism machines, many instantly lamented Sakurai’s apparent take. Et tu, Smash daddy? The revered developer notorious for working to the point of exhaustion who won fresh fans with his YouTube series was transforming into a problematic fave.

But translators and others fluent in Japanese quickly pushed back on interpretations that suggested Sakurai was outright endorsing using generative AI to make games. “It doesn’t at all come across as a full-throated endorsement so much as him shrugging his arms and saying he can’t think of much better,” Thomas James, who’s helped localize Monster Hunter Generations and Tales of Arise, among others, wrote on Bluesky. “Which is not a great look TO BE SURE, but I wanted to add my two cents as someone who can, like, read the actual interview.”

Screenshot: X / Kotaku

Freelance writer Kite Stenbuck, who covers games for RPG Site and reported on the interview for Siliconera, is fluent in Japaense and provided his own translation:

ITmedia: Game development is going large-scale and becoming more specialized and segmented. On the other hand, the market for indie games made by solo and small groups is also growing. How do you see the future of the gaming market?

Sakurai: To be honest, nobody knows what the future holds [TN: he used the proverb ‘The inch ahead is darkness’ which should mean that]. I think when we want to make a large-scale game like it is in the present day, it’d take so much labor that we’d go into a situation where it’s not sustainable. I feel like we cannot keep going on like this, but at this point, the one effective solution that comes to my mind would be something like Generative AI. I feel like we’ve come to a phase where we must change the schemes, for example by utilizing Generative AI to improve work efficiency. And we might enter an era where only companies that could deal well with those changes would survive.

Rather than Sakurai talking about what needs to be done or what he plans to do right now, the snippet about AI is situated in a series of hypotheticals about the future. While it’s notable that he’s not asked about AI directly, and instead brings it up himself voluntarily, it’s also one small throwaway thought in a longer interview that touches on a bunch of other topics. Plus we don’t even know specifically which tools Sakurai is think of here. Procedural generation and other techniques already prevalent in large games like Xenoblade Chronicles 3? Or actually using generative AI to make Smash Bros. character art and rig up animations for different costumes?

A good interviewer might follow up on these points but the subtle context clues that indicate the difference between wary warning and enthusiastic endorsement aren’t likely to come through in rough and dirty machine translations. “It’s the sort of nuance that a machine translator would have trouble picking up on because it means filling in blanks that it will never realize are there,” James told Kotaku. “So much of Japanese as a language, as you might be aware, operates by implication and shared assumptions between two people and with this wording in particular that Sakurai uses, no machine translation is going to reasonably pick up on what I’m talking about because the very context and tenor of the conversation itself informs how certain words and grammar are parsed in the Japanese.”

Fighting to preserve that nuance might be a losing game, especially online where so many conversations get flattened into familiar tropes and binaries to begin with. Though many threads and stories that originally shared the incomplete machine translation of Sakurai’s comments have since been locked, deleted, or updated, a less famous and popular developer probably wouldn’t get that level of follow-up and benefit of the doubt. Not to mention that there are still perfectly defensible reasons for being critical of Sakurai appearing to legitimize generative AI at all.

James argues that’s a difference between the American and Japanese contexts around AI and game development that goes deeper than translation mistakes. “AI discourse in Japan online is generally pretty far behind the west and criticism, while growing, mostly comes from outspoken individuals,” he wrote. “There is a lot of forced hype surrounding AI when it comes to advertising like in the west and certainly there are boneheads who actively shill for it, including in games. But overall at a social level, I would say it has yet to be subjected to the same level of rigor outside savvy creatives as abroad.”

The debate over what Sakurai actually said and meant is also a symptom of a growing problem in Western games media as sites lose sources and industry churn pushes out veteran staff (Kotaku once had three fluent Japanese speakers on staff at the same time). “Overall I do think it’s really concerning to see people recently trusting machine translators more than actual humans who have learned the languages,” Stenbuck told Kotaku. “Like, I do admit that the accuracy of machine translators has increased so much compared to the previous years, but there are still some phrases that are liable to be misinterpreted unless the translators know the exact context surrounding the statements.”

.



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June 24, 2025 0 comments
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Borderlands 4 will not cost $80, despite misguided executive comments
Product Reviews

Borderlands 4 will not cost $80, despite misguided executive comments

by admin June 17, 2025


Borderlands 4, the latest entry in Gearbox Software’s popular looter shooter franchise, is available to pre-order now for $70, a good $10 less than many assumed it would cost. The game’s price first came into question when its September 12 release date was announced without pre-order details, and Gearbox CEO Randy Pitchford suggested that whether the game came with a $80 price tag was out of his hands.

Pitchford put his foot in his mouth in a thread on X sharing a behind-the-scenes video about bringing Borderlands 4 to the Switch 2. A fan replied to the video asking Pitchford to not charge $80 for the game, to which Pitchford responded, “A) Not my call. B) If you’re a real fan, you’ll find a way to make it happen.”

A) Not my call. B) If you’re a real fan, you’ll find a way to make it happen. My local game store had Starflight for Sega Genesis for $80 in 1991 when I was just out of high school working minimum wage at an ice cream parlor in Pismo Beach and I found a way to make it happen.

— Randy Pitchford (@DuvalMagic) May 14, 2025

Naturally, that came off as a bit glib to anyone surprised by the sudden emergence of $80 games following the release of Mario Kart World. Pitchford didn’t exactly double-down next, but at a PAX East panel later in May, he also didn’t deny the game would have a higher price, noting that “Borderlands 4 has more than twice the development budget than Borderlands 3.“

The official pre-order information settles things: the game is not going the way of Mario Kart. The Standard Edition of Borderlands 4 costs $70 and comes with free Vault Hunter, weapon and drone skins if you pre-order. If you step up to the $100 Deluxe Edition, you get even more skins and a “Bounty Pack Bundle” that includes exclusive areas and weapons. For the $130 Super Deluxe Edition, you get all of that plus the “Vault Hunter Pack,” which includes the game’s two story DLC packs and new playable characters. A $70 game is not a $60 game, but if price is your biggest concern, it’s better than $80.

Gearbox plans to show off more of Borderlands 4‘s story and gameplay at Borderlands Fan Fest on June 21. The game is coming to PlayStation 5, Xbox Series X / S and PC on September 12. The Switch 2 release is scheduled for 2025, too, and Gearbox plans to share more information about it at a later date.





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June 17, 2025 0 comments
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Karissa Bell
Product Reviews

Reddit adds analytics and drafts for comments

by admin June 13, 2025


Reddit is making it easier to gauge the impact your comments are having. The company is introducing detailed analytics for comments that measure views and other engagement metrics. Reddit shared the change as part of a larger batch of updates around how it handles comments on its platform.

Comment insights will provide details around upvotes (including the ratio of upvotes to downvotes), replies, views, shares and awards. Additionally, Redditors will now be able to share comments as a standalone post on Reddit.

Reddit

The platform is also adding a drafts feature for comments that will allow people to save up to 20 drafts for 14 days. Drafts will automatically save, according to Reddit, so that you can revisit your thoughts if you navigate away from the page or leave the app mid-comment. In an update to moderators, Reddit said that drafts is “still in its early iteration” and that it may tweak how the feature works in future versions.

The changes are the latest way Reddit has added more flexibility around comments in recent weeks. Earlier this month, the company said it would allow users to hide their commenting history from their profiles.



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June 13, 2025 0 comments
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Ubisoft trial witnesses testify to "being tied to a chair, forced to do handstands, and subjected to constant comments about sex"
Esports

Ubisoft trial witnesses testify to “being tied to a chair, forced to do handstands, and subjected to constant comments about sex”

by admin June 9, 2025


Ubisoft developers have told a French court that former execs Serge Hascoet, Tommy Francois, and Guillaume Patrux allegedly perpetuated a “systemic” culture of sexism and abuse.

Former chief creative officer Serge Hascoët and ex-VP of editorial and creative services Tommy François both left the publisher in summer 2020, following allegations of widespread abuse, harassment, and discrimination within Ubisoft, including claims against the two executives. Former director Guillaume Patrux has similarly been accused of harassment and bullying. In all, five former executives from Ubisoft were arrested by French police in 2023 following a year-long investigation into sexual assault and harassment within the company. All three defendants deny the charges.

As reported by The Guardian, the trial, which began at the beginning of this month, has heard witnesses tell of feeling “terrified” and “like pieces of meat,” with state prosecutor Antoine Haushalter reporting “overwhelming” evidence of harassment.

“In four days of hearings, female former staff members variously described being tied to a chair, forced to do handstands, subjected to constant comments about sex and their bodies, having to endure sexist and homophobic jokes, drawings of penises being stuck to computers, a manager who farted in workers’ faces or scribbled on women with marker pens, gave unsolicited shoulder massages, played pornographic films in an open-plan office, and another executive who cracked a whip near people’s heads,” The Guardian reports.

Likening the culture to a “boys club” between 2010 and 2020, one alleged victim told the court: “The sexual remarks and sexual jokes were almost daily.”

A woman who worked for François alleged the former VP made her do handstand wearing a skirt.

“He was my superior and I was afraid of him,” she said. “He made me do handstands. I did it to get it over with and get rid of him.”

He is also accused of kissing a member of staff on the lips without consent at a Christmas party as his colleagues “restrained her by the arms and back,” while a different witness said that during a US trip, he “grabbed [her] by the hair and kissed [her] by force.” No one present reacted or stopped him, and when she reported him to HR on her return, she was told “don’t make a big thing of it.” She later had to refute rumors she’d been caught “snogging” François “even though he knew it had been an assault.”

The woman reports these incidents made her feel “stupefied, humiliated and professionally discredited.” François denies all charges, claims there was a “culture of joking around” at the studio, and insists: “I never tried to harm anyone.”

Hascoët is similarly accused of sexual harassment and bullying. He reportedly told colleagues at an away day that one of the senior female colleagues did not have enough sex, and said he would “show how to calm her” by having sex with her in the next room. He’s also alleged to have talked abut sex at the office, bullied his assistants, and made them undertake personal tasks during the working day, such as picking up parcels. The former exec denies all charges, saying: “I have never wanted to harass anyone and I don’t think I have.”

Patrux, also accused of sexual harassment and bullying, allegedly punched walls, mimed punching staff, “played with a cigarette lighter near workers’ faces, setting alight a man’s beard,” and “threatened to carry out an office shooting.” He also reportedly cracked a whip in the faces of his colleagues.

After four days of hearings, the judges have retired to consider the evidence and reach a verdict. All three men deny the charges.



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June 9, 2025 0 comments
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Reddit will let you hide posts, comments and NSFW activity from your public profile
Product Reviews

Reddit will let you hide posts, comments and NSFW activity from your public profile

by admin June 3, 2025


Reddit will now allow its users to do something it never before has permitted: to selectively “curate” their public-facing profiles by hiding some of their posting and commenting activity from other users.

Up to now, Reddit has included users’ full commenting and posting activity in profiles. So while most users are anonymous, others could easily check out their post history and see what communities they’re active in. The feature, which many users see as a key part of Reddit’s openness, has helped Redditors ferret out trolling, lying and numerous other types of bad (or merely embarrassing) behavior on the platform.

With the update, however, Reddit users will be able to “curate” their profile. The additional control will allow people to hide all their public posts and comments from their profile or hide public posts and comments in specific subreddits from their profiles. There is also a “NSFW” toggle, which would hide posts and comments in NSFW subreddits. The setting won’t hide a comment or post in the subreddit where it originally appeared, but it won’t be visible on a user’s profile.

The company notes that there will be some carveouts to these settings for moderators, who may rely on users’ past activity to suss out rule-breakers or decide who is eligible to join their community. “If you post, comment, send modmail, request to be an approved poster, or request to join a private subreddit, that mod team will have access to your full profile content history for 28 days after the interaction – regardless of your settings,” Reddit says in an FAQ.

Reddit

Despite that concession, many Redditors aren’t exactly happy about the changes, which could alter some of the core dynamics of the platform. “This seems like it’s going to lead to bad actors being able to more easily hide their behavior from the average user,” one of the most-upvoted comments on Reddit’s post says. “Unless you’re a mod, you won’t be able to see that they’re posting inflammatory misinformation across a dozen different subs, for instance.”

Others have noted the feature also means that creating an alt or throwaway account is somewhat less necessary, as it’s easier to hide posts you don’t want linked to your presence on the app. While that may be an added convenience for some, it also raises questions about the company’s approach to making new accounts. During the company’s most recent earnings call, CEO Steve Huffman suggested that Reddit was considering ways to “evolve” its “historically permissive account creation” process. Huffman didn’t elaborate on what that may look like, but said changes would be necessary to fight AI-powered “abuse or manipulation” of the platform.



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June 3, 2025 0 comments
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