Traders should not immediately short the VIRTUAL token after seeing the bearish divergence on the MFI.
In the fast-evolving world of artificial intelligence, major tech players are constantly innovating and competing for user attention. This drive for innovation is particularly relevant to anyone following the digital landscape, including those in the cryptocurrency space who understand the value of technological advancement and data control. Meta, the parent company of Facebook and Instagram, has made a significant move by launching its own Meta AI as a standalone application, stepping directly into the ring with established players like OpenAI’s ChatGPT. What is Meta’s New Standalone AI App? Building upon its strategy of integrating AI across its popular platforms like WhatsApp, Instagram, Facebook, and Messenger, Meta has now introduced a dedicated application for its AI Assistant . Unveiled during the LlamaCon event, this move allows users to access Meta AI capabilities outside the confines of Meta’s social media ecosystem, much like users access other AI assistants via their dedicated apps. The creation of a Standalone AI App signals Meta’s ambition to be a central hub for AI interaction. While the integrated AI is convenient within its existing apps, a standalone version suggests Meta wants AI to be a primary tool for users, available whenever and wherever they need it, regardless of whether they are actively using a Meta social product. How Does Meta AI Leverage User Data for Personalization? One of the key differentiators Meta is highlighting for its Generative AI assistant is its ability to offer personalized responses. Unlike many general-purpose AI models, Meta AI can potentially draw on information users have already shared across Meta’s products. The company states the AI can “[draw] on information you’ve already chosen to share on Meta products,” such as your profile details and the content you engage with. This approach aims to make the AI’s responses more relevant and tailored to the individual user. For example, if you frequently interact with content about hiking on Instagram, the AI might incorporate this interest into suggestions or conversations. Furthermore, users have the option to explicitly provide Meta AI with information to remember for future interactions. Telling the AI you have a specific dietary restriction, for instance, could influence its recommendations for activities or dining, making the interaction feel more personal and helpful. Initially, these personalized features are available in the US and Canada. Addressing Data Privacy Concerns with Meta AI The ability of Meta AI to leverage user data, while potentially enhancing personalization, also brings inherent Data Privacy considerations to the forefront. Meta’s business model heavily relies on targeted advertising powered by vast amounts of user data collected across its platforms. When users interact with the standalone AI app, they are sharing information directly with a company whose core revenue stream is data monetization. Users should be mindful of how the data shared with the AI chatbot might be used. While Meta states the AI draws on information users have “chosen to share,” the context of sharing data with an AI for personalized responses adds another layer to the ongoing discussion about user data ownership, transparency, and control. This is a particularly sensitive topic for those interested in decentralized technologies like cryptocurrency, which often emphasize user sovereignty and control over personal information. Exploring Features: The Discover Feed and Social Sharing Beyond its core function as an AI Assistant , Meta’s new standalone app includes a ‘Discover’ feed. This feature allows users to share examples of how they are using the AI with their friends. A mockup image provided by Meta shows a user asking the AI to describe them using three emojis and then sharing the result to this feed. Importantly, sharing interactions to the Discover feed is entirely opt-in. Users retain control over whether their conversations or AI-generated content are made public within the app’s social component. This feed could potentially amplify certain trends in Generative AI usage, mirroring how trends spread on social media platforms. However, the inclusion of a social feed in an AI utility app has also drawn comparisons to other apps that have controversially added social features, raising questions about whether such a feature is necessary or beneficial for a productivity/utility tool. Conclusion: A New Front in the AI Race Meta’s launch of a dedicated Standalone AI App marks a significant escalation in the competition among tech giants in the artificial intelligence space. By positioning Meta AI as a direct competitor to services like ChatGPT and leveraging its extensive user data for personalization, Meta is attempting to carve out a unique niche. While the promise of a highly personalized AI Assistant is appealing, the implications for Data Privacy remain a critical point of discussion, especially given Meta’s history and business model. The inclusion of social features like the Discover feed also adds an interesting, albeit potentially debated, dimension to the app’s design. As the landscape of Generative AI continues to evolve, Meta’s bold move demonstrates the increasing importance companies place on making AI accessible and integrated into users’ daily digital lives. To learn more about the latest AI market trends, explore our article on key developments shaping AI features.
A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to be super bearish once the correction takes place. According to the analyst, a correction should provide an opportunity for investors to enter the crypto market before another leg up. Should a marketwide pullback materialize, Altcoin Sherpa says he plans to accumulate five altcoins. “Coins I want to buy: BONK ($0.00001600s) Fartcoin ($0.85) POPCAT ($0.33) HYPE ($15-$16s) GUN ($0.055s) Loads of others too, but those are on my short list for now.” Looking closer at the memecoin Fartcoin, the trader notes that FART needs to stay above $1.05 to witness new rallies. Otherwise, he thinks the altcoin could fall to as low as $0.8. “Fartcoin: wouldn’t be surprised to see this pullback a little bit here, but don’t forget that hot air rises in the end. Three different scenarios, all mostly dependent on BTC, frankly. I think this just continues up.” Source: Altcoin Sherpa/X Based on the trader’s chart, he seems to suggest that FART can rally to as high as $1.40. At time of writing, FART is worth $1.09. Turning to fellow memecoin Bonk ( BONK ), Altcoin Sherpa thinks that the altcoin looks really strong. “The chart itself still looks fire.” Source: Altcoin Sherpa/X At time of writing, BONK is trading for $0.00002, up over 10% on the day. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Predicts Marketwide Crypto Pullback, Lists Five Altcoins To Watch Along With Downside Price Targets appeared first on The Daily Hodl .
The world of artificial intelligence is moving at lightning speed, and for those tracking the crypto and tech markets, keeping an eye on major players like Meta is essential. This week, Meta is hosting its first-ever LlamaCon AI developer conference. The goal? To convince AI Developers to build their next big applications using Meta’s open Llama Models . Why LlamaCon Matters for Meta AI Just a year ago, pitching developers on Llama was straightforward. Meta’s Llama 3 family, especially the Llama 3.1 405B model, was seen as a top performer among openly available models, even rivaling models like OpenAI’s GPT-4o at the time. This success made Meta a favorite among AI Developers , offering strong performance with the flexibility of open models. However, recent months have seen Meta struggle to maintain this lead. Competition from both ‘open’ labs like DeepSeek and commercial giants like OpenAI has intensified. LlamaCon is a critical moment for Meta to demonstrate its commitment and capabilities in building a robust Llama ecosystem. Challenges Facing Llama Models Today The reception to the recent Llama 4 family has been notably different from Llama 3. Jeff Boudier from Hugging Face noted that Llama 3.3 is still downloaded more often than Llama 4. What happened? Underwhelming Performance: Llama 4’s benchmark scores came in below some competitor models, including DeepSeek’s R1 and V3. This was a shift from Llama’s previous position at the forefront. Benchmarking Controversy: A specific version of Llama 4 Maverick optimized for conversationality performed well on the LM Arena benchmark but was never broadly released. The released version performed worse. This incident led to concerns about transparency and impacted developer trust. Ion Stoica, an LM Arena co-founder, highlighted this loss of trust, stating Meta needed to be clearer. Missing Reasoning Model: The Llama 4 release lacked a dedicated reasoning model, a type of AI model that works through questions carefully and often performs better on specific tasks. Many competitors have released such models, making Meta’s omission noticeable. Nathan Lambert, a researcher at Ai2, suggested this might indicate the Llama 4 launch was rushed. These issues have created pressure on Meta, especially as rival Open AI Models from labs like Alibaba (with their Qwen 3 family) are showing strong performance on various benchmarks. Winning Over AI Developers: What Meta Needs to Do To regain its position and strengthen the Llama Models ecosystem, Meta needs to deliver superior models. Ravid Shwartz-Ziv, an AI researcher at NYU, suggests this might require taking more technical risks and exploring new techniques. LlamaCon is Meta’s opportunity to address the recent setbacks and showcase upcoming advancements. The company needs to demonstrate that it can still produce boundary-pushing models that compete with the best from OpenAI, Google, xAI, and others. Winning back the trust and excitement of AI Developers is paramount for the future growth of the Llama platform. The Path Forward for Meta AI The conference provides a platform for Meta to communicate its roadmap, explain the Llama 4 decisions, and generate enthusiasm for future releases. Success at LlamaCon is not just about showcasing technology; it’s about rebuilding relationships and demonstrating that Meta is committed to leading in the open AI space. If Meta fails to deliver compelling updates and rebuild trust, it risks falling further behind in this highly competitive field. To learn more about the latest AI model trends, explore our articles on key developments shaping AI features and institutional adoption.
At the 2025 Paris Blockchain Week, CryptoPotato spoke to Dimitar Stalimirov, Director of Brand Marketing at Nexo, who offered insight into how the company is repositioning itself within the financial services and digital assets space. As the industry continues shifting, Nexo appears to be adapting by exploring new marketing strategies, business verticals, and client engagement methods. One of these, and perhaps a more exciting one for the broader audience is through sports partnerships. Strategic Sponsorships to Build Relevance Nexo has recently started to explore partnerships in the sports world, with a focus on tennis. Their first involvement came through a sponsorship at the tennis tournament held in Acapulco, but further plans are underway. According to Stalimirov, this move isn’t just about visibility, but about aligning with a target audience. “Our audience are people who are more interested into, I would say, affluent sports,” he said. “But we’re not excluding any opportunity that might be invited to the table.” The goal is to bring the brand closer to its users, not just through financial services, but by participating in areas their clientele already engages with. “We want to be not just a service provider, but also a relatable brand,” Stalimirov explained. He emphasized that Nexo is responding to client feedback in its pursuit of brand awareness, saying, “We want to be closer to them in every way possible.” From Exchange to Ecosystem With a recent rebranding and a growth plan in the works, Nexo is positioning itself as more than a traditional exchange. The company is working on expanding its offering to include a broader set of financial products, particularly in the field of digital assets. “We’re surely going to expand in terms of types of products and ways for our clients to diversify their portfolios,” Stalimirov said. He noted that clients are not coming to Nexo simply to trade. They’re looking for a broader, more integrated financial experience. “You can exchange from Nexo, but that’s not why you’re coming,” he said. “If you’re looking purely for an exchange, there are quite a bit of exchanges out there.” The company’s direction appears to emphasize client-centric development. Plans include new B2B solutions and international brand campaigns intended to build awareness and drive engagement with new audiences. Navigating Challenges in a Shifting Landscape Like many in the digital finance space, Nexo is navigating a rapidly evolving regulatory and market environment. Compliance is non-negotiable, but so is maintaining a appropriate client experience. “You have to be compliant for sure, but you have to do it in the swiftest way possible and in the best way from a consumer standpoint,” said Stalimirov. Regarding the current state of the market, he took a measured view. Despite fluctuations and external pressures, such as geopolitical tensions, Stalimirov believes the fundamentals remain solid. “It’s a reaction or even an overreaction to something that’s not particularly concerning for the industry,” he said. “So to be honest, yeah, I think it’s a great time to get into the market. Don’t take it as financial advice.” This interview was produced in partnership with Binance Blockchain Week 2025. The post The Intersection Between Sports and Crypto with Nexo’s Dimitar Stalimirov (PBW2025 Interview) appeared first on CryptoPotato .
In a significant development for the decentralized finance (DeFi) space, particularly within the Solana ecosystem, the Solana protocol Loopscale has announced the successful recovery of all stolen funds that were taken during an incident on April 26th. This news comes as a major relief to users and the broader community, demonstrating that even after a security breach, positive outcomes and user protection are possible. What Exactly Happened During the DeFi Hack? On April 26, 2024, the Loopscale protocol experienced a security incident that resulted in the unauthorized withdrawal of digital assets. The extent of the breach was significant, involving substantial amounts of cryptocurrency. Specifically, the attacker managed to siphon off 5,726,725 USDC and 1,211 SOL from the protocol’s vaults. This type of event, commonly referred to as a DeFi hack , highlights the inherent risks present in the rapidly evolving world of decentralized finance, where smart contract vulnerabilities or other exploits can be targeted by malicious actors. Initial reports of the incident spread quickly across social media and crypto news platforms, causing concern among Loopscale users and observers of the Solana DeFi scene. The immediate aftermath of a DeFi hack is often characterized by uncertainty regarding the fate of the affected funds and the protocol’s future viability. How Did Loopscale Facilitate the Crypto Recovery? Unlike many incidents where stolen assets disappear into the labyrinth of blockchain anonymity, Loopscale pursued a different path: negotiation. The team confirmed via their official X (formerly Twitter) account that the full recovery was a result of successful negotiations with the party responsible for the exploit. While the specifics of these negotiations have not been fully disclosed – which is common practice in such sensitive situations to protect the integrity of the process – the outcome speaks for itself: the return of all stolen funds . This approach to crypto recovery through dialogue rather than solely relying on law enforcement or on-chain tracking efforts is becoming an increasingly discussed strategy in the crypto space. It often involves intermediaries or direct communication channels being established with the exploiter, sometimes offering a ‘white hat’ bounty or a promise not to pursue legal action in exchange for the return of funds. The success of Loopscale in retrieving 5,726,725 USDC and 1,211 SOL underscores the potential effectiveness of this method under specific circumstances. Key elements often involved in a negotiated crypto recovery include: Rapid identification of the exploit method and potentially the exploiter’s identity or wallet movements. Establishing a secure and anonymous communication channel. Proposing terms for the return of assets, which might include allowing the exploiter to keep a small percentage as a ‘bug bounty’. Verifying the return of funds before publicly confirming the resolution. Loopscale’s ability to navigate this complex process effectively is a testament to their commitment to their users and the resilience of the project, despite facing a significant DeFi hack . What Does This Mean for Loopscale Users and the Solana Protocol Ecosystem? The most critical outcome of this successful crypto recovery is the assurance that users of the Loopscale protocol will not suffer any financial loss from the incident. The return of the full amount of stolen funds means that the protocol is in a position to make affected users whole. This is a stark contrast to many other DeFi hack scenarios where users’ funds are permanently lost. For the broader Solana protocol ecosystem, this event serves as a valuable case study. While hacks are detrimental and highlight areas for improvement in security practices across all blockchains, a successful recovery story like Loopscale’s can help restore confidence. It demonstrates that the ecosystem is maturing and that protocols and the community are developing mechanisms, including negotiation and collaboration, to mitigate the impact of security breaches. Benefits highlighted by this event: User Confidence: Knowing that a protocol prioritizes recovery and succeeds in returning funds builds trust. Protocol Resilience: Successfully navigating a major security event proves the team’s capability to handle crises. Ecosystem Maturity: Developing effective post-hack response strategies benefits all protocols within the Solana ecosystem. Precedent Setting: This case might encourage other protocols and even attackers to consider negotiation as a path to resolution. Challenges that remain: Preventing the initial exploit is always the primary goal. Negotiations are not guaranteed to succeed and can be complex. Reputational damage, even with recovery, can be long-lasting. What Are the Next Steps for Loopscale? With the stolen funds now back in the protocol’s control, Loopscale is focusing on the final steps of resolution. Their announcement mentioned that they are finalizing the process and will provide further updates. A key upcoming step involves detailing how users can withdraw funds from the affected vaults. Users who had assets deposited in the vaults impacted by the DeFi hack will be keenly awaiting these instructions to regain access to their capital. Actionable insights for users: Stay informed by following Loopscale’s official communication channels (like their X account) for updates on vault withdrawals. Exercise patience as the team finalizes the technical and logistical aspects of returning funds. Review your own security practices, even when using reputable protocols, such as enabling two-factor authentication where possible and being wary of phishing attempts. The successful crypto recovery by Loopscale is a positive sign, but it also serves as a reminder of the dynamic risk landscape in DeFi. Protocols on the Solana protocol and other chains continue to innovate rapidly, and security must remain a paramount concern. Lessons Learned from the Loopscale Incident The Loopscale DeFi hack and subsequent crypto recovery offer several important lessons for both protocols and users in the decentralized finance space: Rapid Response is Crucial: Loopscale’s quick communication and apparent swift action to engage with the exploiter were likely key factors in the successful negotiation. Negotiation as a Tool: While controversial to some, negotiating with attackers can, in certain circumstances, be an effective way to recover stolen funds and protect users, especially when on-chain enforcement is difficult. User Safety First: Loopscale’s commitment to ensuring users incur no loss sets a high standard for how protocols should handle security incidents. Continuous Security Audits: This incident, like many others, underscores the absolute necessity for rigorous, ongoing security audits of smart contracts and protocol infrastructure to prevent future DeFi hack attempts. Community Communication: Transparent and timely updates, even when details are scarce, help manage user expectations and maintain trust during a crisis. The fact that a Solana protocol was able to achieve a full crypto recovery after a significant DeFi hack provides a glimmer of hope in an area often plagued by permanent losses. It reinforces the idea that while the technology is cutting-edge, the human element – in terms of both security practices and crisis management – remains vital. Conclusion: A Positive Turn for Loopscale and DeFi Recovery The news from Loopscale is undeniably positive. The successful negotiation leading to the return of all 5,726,725 USDC and 1,211 SOL in stolen funds is a significant achievement. It means that the users affected by the April 26th DeFi hack on the Solana protocol will be made whole, avoiding the financial pain typically associated with such exploits. As Loopscale works towards finalizing the resolution and enabling vault withdrawals, the focus shifts to rebuilding confidence and strengthening security measures to prevent future incidents. This event serves as a powerful example of successful crypto recovery and offers valuable insights into potential strategies for mitigating the impact of security breaches in the fast-paced world of decentralized finance. To learn more about the latest DeFi trends and crypto security developments, explore our articles on key developments shaping the Solana protocol and the broader crypto landscape.
Today’s JOLTS report showed a significant decline in open US jobs, a backdrop that may prove favorable for Bitcoin’s trajectory. This unexpected downturn in labor statistics often signals potential economic
In a recent announcement, Trump Media & Technology Group revealed their ambitions in the cryptocurrency arena. According to a shareholder letter, the company is considering the introduction of a utility
Chainlink (LINK) is currently consolidating around the $15 level, as bulls attempt to reclaim higher ground after a volatile yet promising few weeks. Despite facing stiff resistance near this zone, LINK continues to show strength amid a broader market rebound, holding steady while many other altcoins experience mixed performance. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? The asset is now up over 50% from its April lows, suggesting that bullish momentum is building beneath the surface. Market participants are closely watching for signs of a breakout, especially as the overall crypto market heats up and investors rotate capital back into high-potential altcoins. Adding to the optimism, top analyst Ali Martínez shared a technical chart indicating that the SuperTrend indicator has just flashed a buy signal on Chainlink’s daily chart. This indicator is often viewed as a reliable tool for identifying the start of new bullish phases or trend reversals. A confirmation of this signal could set the stage for further gains if bulls manage to clear the current resistance. As the market awaits clarity, LINK’s ability to hold its current level and potentially break higher may set the tone for its next significant move, possibly reigniting a long-awaited rally for the popular oracle protocol. Chainlink Eyes Breakout as Momentum Builds Chainlink has been range-bound between $10 and $16 since March, consolidating after a volatile start to the year. Despite the sideways action, market participants are increasingly focused on the potential for a breakout as LINK presses against its key resistance level around $16. A sustained move above this barrier could trigger a strong upside move, especially if accompanied by a broader altcoin rally. The current setup comes amid high-risk macroeconomic conditions. Global tensions continue to rise, particularly between the US and China, where escalating tariffs and trade disputes have sparked fears of a global recession. Such a backdrop adds a layer of caution to any bullish outlook, as risk assets remain vulnerable to sudden shifts in investor sentiment. Nevertheless, optimism for Chainlink has grown after Ali Martínez pointed out that the SuperTrend indicator has flashed a buy signal on LINK’s daily chart. This technical tool is often used to detect early trend reversals or sustained shifts in market direction. When it appears after a prolonged consolidation, as it has now, it can signal that bullish momentum is about to accelerate. If bulls manage to reclaim and hold levels above $16, it could confirm a trend change and potentially send LINK surging toward new 2024 highs. Still, until the price breakouts, the range remains in play—and so does the risk of another rejection. Related Reading: Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead? LINK Price Analysis: Key Levels Chainlink is currently trading at $15.10, gradually climbing toward the critical $16 resistance level. This zone has acted as a ceiling throughout April and May, and bulls now face a pivotal test. Reclaiming and holding above $16 would not only break the multi-week range but also set the stage for a possible breakout if momentum continues to build. The technical picture highlights the importance of the 200-day moving average (MA) and exponential moving average (EMA), both clustered in the $16–$17 range. These trend indicators have served as dynamic resistance in recent months, and a clean push above them could confirm a bullish reversal and open the path toward higher targets. However, the structure remains fragile, and failure to maintain strength could put LINK at risk of a deeper pullback. If the $14 support level breaks, selling pressure may accelerate, potentially dragging the price toward lower demand zones around $12 or even $10. Related Reading: Ethereum Reclaims Local Range Against BTC – Can Bulls Target The Range High? As the broader market heats up and speculative appetite returns, LINK’s positioning around this key resistance will likely determine its short-term trend. A decisive move in either direction could shape the price action heading into the next few weeks. Featured image from Dall-E, chart from TradingView
Singapore, April 29, 2025 — HTX is launching a series of exclusive promotions for $TRUMP, offering users multiple ways to boost earnings and capture market opportunities amid surging global interest in the token. Learn more about the $TRUMP promotions: https://www.htx.com.gt/en-us/mars/web/activity-center?callId=174581400284440 Seize the Momentum with $TRUMP Promotions 1. Earn $TRUMP with 20% APY – Flexible and Instant Access Starting April 26 at 16:00 (UTC), HTX launched a special $TRUMP Flexible Earn offer. Users can subscribe to the $TRUMP Earn product and enjoy an annualized return of up to 20% with hourly compounding. Funds can be deposited and withdrawn at any time for maximum flexibility. Simply log in to the HTX App or website and select the “$TRUMP Flexible” product under “Earn.” 2. 0 Trading Fees for $TRUMP/USDT Spot Trading From April 28 at 10:00 to May 13 at 15:59 (UTC), users can trade the $TRUMP/USDT spot pair with zero trading fees. This limited-time offer lowers trading costs and makes it easier for users to capture potential gains. 3. $TRUMP Trading Competition to Share 20,000 USDT – Race to the Top HTX is hosting a $TRUMP Trading Competition from April 27 at 10:00 to May 4 at 10:00 (UTC). Participants who trade $TRUMP spot will be ranked by total trading volume for a chance to share a 20,000 USDT prize pool. Bonus: $TRUMP leveraged trades will count 3x toward the total volume. Note: Users must register on the event page to qualify for rewards. HTX: Empowering Users with Quality Digital Asset Opportunities Through Earn promotions, fee-free trading offers, and trading competitions, HTX continues to create a low-cost, high-liquidity trading environment. The $TRUMP campaigns are part of HTX’s broader efforts to enhance user opportunities through curated digital asset offerings, while continuously optimizing platform experience and driving sustainable growth across the global user base. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/ , and follow HTX on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com The post HTX Launches $TRUMP Promotions: 20% APY, $20,000 Trading Competition, and 0 Fees first appeared on HTX Square .