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

The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges. 175 Total views 31 Total shares The Bank for International Settlements, or BIS, released a paper Tuesday on central bank digital currencies, or CBDCs, and how they can be used to meet policy…

While the Ethereum network is preparing to start shifting to proof-of-stake (PoS) consensus, some mining devices might soon stop supporting ETH mining at all.Bitmain’s Antminer E3, once the “world's most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020, according to a Feb. 24 report by altcoin mining pool 2Miners.Users…

Bitcoin (BTC) starts a new week keeping everyone guessing as a tiny trading range stays in play.A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000.Despite calls for a rally and a run to lower macro lows next, the pair has yet to make a decision on a trajectory —…

The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since November 2020.  DXY (blue) vs. BTC/USD (orange). Source: TradingviewMeanwhile, the prospect of rising rates and a potential stock market top is putting downward pressure on equities and Bitcoin, causing the entire…

Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark.Market visualization from Coin360According to data by CoinMarketCap, Bitcoin is in the red, steadily descending below the $4,100…

Wall Street analyst and cryptocurrency bull Tom Lee has nearly cut his end-year Bitcoin (BTC) price target in half from $25,000 to $15,000, CNBC reported Nov. 16.According to Lee – the co-founder of market advisory firm Fundstrat Global Advisors – the key factor behind his new target is Bitcoin’s “break-even point,” or the level at…

Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures. 539 Total views 5 Total shares Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.Funds…

Animoca has raised $65 million in its latest funding round, with more than 43.8 million of newly issued shares to be distributed to investors at a price of $1.51 per share. 145 Total views 3 Total shares NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new…

“It's a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said. 390 Total views 5 Total shares Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again…