Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM). The acquisition, which is subject to customary closing conditions and regulatory approval, will integrate the Mountain Protocol team, tech stack and licensing framework into … Read more

Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue

Key Takeaways: Dogecoin’s 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1. Dogecoin’s (DOGE) price rallied in lockstep with Ethereum over the past 7 days, gaining 38% in May, which is its strongest monthly performance … Read more

Coinbase stock surges as it’s set to join the S&P 500

Coinbase Global (COIN) will join the Standard and Poor’s 500 (S&P500) index fund on May 19, financial information services platform S&P Global said in a recent statement. The crypto exchange will replace Discover Financial Services (DFS), which was recently acquired by Capital One Financial Corp (COF), S&P Global said on May 12. S&P Global’s confirmation … Read more

Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Key Takeaways: Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000. A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000. Bitcoin (BTC) price reached an intraday high of $105,800 on May … Read more

Duolingo is replacing hearts with energy

Duolingo is making a big change: it’s moving on from hearts in favor of a new “energy” mechanic. The idea is to switch from a system that punishes mistakes to one that’s intended to feel more motivating — and a bit more gamified. Under the old system, you’d lose a heart if you made a … Read more

Coinbase Shares Jump 8% on S&P 500 Inclusion

Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index. The company would replace Discover Financial starting on May 19, according to an S&P press release. Discover Financial is being acquired by Capital One. The S&P 500 tracks … Read more

SEC Chair: Blockchain 'holds promise' of new kinds of market activity

Blockchain technology could enable “a broad swath of novel use cases for securities” and foster “new kinds of market activities that many of the Commission’s legacy rules and regulations do not contemplate today,” Securities and Exchange Commission (SEC) Chairman Paul Atkins said. During his keynote address at the Commission’s May 12 roundtable on tokenization and … Read more

Unstructured Data Is Trying to Tell You Something – Try Listening to It: The Human Side of Logs

It’s Friday afternoon, and your dashboards look great. Charts are green. CPU usage is stable. Database query times are within your SLA. You’re feeling great and ready for the weekend. But little do you know, there’s a significant issue being overlooked by all your metrics—and it’s about to ruin your weekend. Unfortunately, you don’t know … Read more

Trump administration announces ‘illegal’ rollback of energy and water efficiency standards

The US Energy Department says it’s rolling back long-standing efficiency standards for appliances, which advocates are calling a clear violation of the law. Continuing the Trump administration’s assault on federal water and energy efficiency programs, the department announced today what it’s calling its “largest deregulatory effort in history.”  The agency is trying to rollback 47 … Read more

AllTrails debuts $80/year membership that includes AI-powered smart routes

AllTrails, the hiking and biking companion that was named 2023’s iPhone App of the Year, is launching a new premium membership called “Peak” that includes an upgraded feature set. This $80-per-year subscription will introduce AI tools to build custom routes, real-time trail condition forecasts, trail traffic heatmaps, and a feature that lets you identify trees … Read more