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Influencer served settlement demand via NFT: Nifty Newsletter, May 17–23

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Data shows that the Bitcoin network has become the second-largest NFT chain by sales volume in the 30-day, 7-day and 24-hour metrics.

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Coin Market

CFTC files to dismiss CME lawsuit over crypto perpetual futures

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The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.

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Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network

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Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.

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Coin Market

Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

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Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

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