Beto O’Rourke Sets Up $100,000 Fund for FTX Victims

• Beto O’Rourke has set up $100,000 fund from $1M SBF donation for FTX victims. • The donation was made by former FTX CEO Sam Bankman-Fried before his crypto empire collapsed. • O’Rourke’s campaign will hold on to the $100,000 pending the outcome of investigations against SBF over campaign finance violations. Beto O’Rourke, a U.S. […]

On-Chain Metrics Suggest Bitcoin Bottom May be Near: Heed Macro Factors

• On-chain metrics suggest a Bitcoin bottom is near, with the Supply Profit and Supply Loss lines converging and then diverging. • Market Value to Realized Value (MVRV) is split by long-term and short-term holders, with Long-Term Holders (LTH) typically leading the market up and down. • Macro factors not present in previous Bitcoin cycles […]

Nexo Facing Outflows as Bulgarian Gov’t Investigates Financial Crimes

• On-chain data shows that addresses related to crypto lender Nexo are recording outflows following news of financial crimes investigations by the Bulgarian government. • Crypto intelligence platform Arkham Intelligence dashboard showed that the crypto lender had seen outflows of roughly $9 million since the news broke. • Nexo’s real-time attestation by Armanino showed that […]

Stricter Crypto Licensing Needed in France: Bank of France Governor

• The governor of France’s central bank, Francois Villeroy de Galhau, has advocated for stricter crypto licensing requirements. • Currently, full Digital Asset Service Provider (DASP) licensing is optional, but around 60 companies have obtained a less extensive „registration“ from the Financial Markets Authority (AMF). • In December, Senator Hervé Maurey proposed an amendment that […]