BTC Daily Intelligence Bulletin (DIB)
Block: 892,674
DTG/ICOD: 1200Z 16Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: UK Court Says Biology Defines 'Woman' / US Pastor Rescued in South Africa / China Says Show Respect, US Raises Tariffs Again / SCOTUS vs. Trump Over Deported Immigrant / Two SECDEF Advisors Sacked for Leaks / ChokePoint 2.0 Continues, Implicates Fed Reserve / South Korean Presidential Candidate Wants Crypto / Oklahoma Kills SBR Bill / BitBonds Draw Interest for US Debt / China May Sell 15K Bitcoin / Mortgage Applications Drop on Higher Rates / China Says NSA Hacked Winter Games / New Grok Release Facilitates Coding / Bitcoin Miners Have to Sell Some BTC
Market Data: Price: 1 BTC= $84,035, 25.41 oz Gold, .19 Median US House
24hr Hi: $86,429 / Lo: $83,100
Vol: $28B (Down 2%)
Mkt Cap: $1.66T (Down 2%)
HashRate: 902 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 83%)
---Reports---
-International Events-
1. UK Supreme Court says legal definition of ‘woman’ excludes trans women, in landmark ruling: Britain’s Supreme Court ruled unanimously that the definition of a woman in equality legislation refers to “a biological woman and biological sex.” “This ruling brings clarity and confidence, for women and service providers such as hospitals, refuges, and sports clubs,” the spokesperson added. “Single-sex spaces are protected in law and will always be protected by this Government.” (CNN)
2. American pastor kidnapped in South Africa rescued after deadly police shootout: The pastor, 34-year-old Josh Sullivan, of Tennessee, was kidnapped by several armed, masked men last week at his church in the Eastern Cape, Fellowship Baptist Church Motherwell. Police said they received tips that Sullivan was inside a safe house in KwaMagxaki, Gqeberha. When they arrived at the home, suspects inside a car on the premises began firing at law enforcement and attempted to flee. A "high-intensity shootout" took place and three unidentified suspects were killed. (Fox)
3. China Open to Talks If US Shows Respect: In response to increased tariffs by the U.S., China is open to negotiations if treated with respect, according to a statement from Lin Jian, a Foreign Ministry spokesman. Meanwhile, The U.S. has escalated trade tensions by announcing a 245% tariff on imports from China. This measure was disclosed in response to what the White House describes as China's retaliatory trade actions. (GroundNews, X)
-US Events-
1. Supreme Court Ruling Ignored: Trump vs. El Salvador Over Deported Immigrant: Kilmar Abrego Garcia, an alleged MS-13 gang member and illegal immigrant from El Salvador, was ordered to remain in the United States by a court but was deported during the Trump administration. Despite a unanimous 9-0 Supreme Court decision stating that his removal was illegal, President Trump has maintained that foreign policy, not judicial rulings, dictates the handling of such cases. This has led to a standoff between judicial authority and executive action, with El Salvador's President Bukele refusing to return Garcia, citing national security concerns. (X)
2. Two Top Advisers to Pete Hegseth Escorted Out of the Pentagon for Alleged Leaking: The officials were Dan Caldwell, a top adviser to Hegseth, and Darin Selnick, the Pentagon deputy chief of staff. It is not clear what their motives were, but one official said Caldwell leaking information to “far-left reporters to hurt the secretary.” (Breitbart)
-Regulatory and Legal-
1. Crypto’s debanking problem persists despite new regulations: The early days of the second administration of President Donald Trump have seen many of these repealed or changed. One of the first was the repeal of Staff Accounting Bulletin 121. Despite these victories, Caitlin Long, founder and CEO of Custodia Bank, said on March 21 that debanking is likely to remain a problem for crypto firms into 2026. Long said the non-partisan board of governors of the Federal Reserve is “still controlled by Democrats,” alluding to Democrats’ more skeptical stance on crypto. Long claimed that “there are two crypto-friendly banks under examination by the Fed right now, and an army of examiners was sent into these banks, including the examiners from Washington, a literal army just smothering the banks.” (CoinTelegraph)
2. South Korean presidential contender vows to push crypto 'as much as' Trump: "To foster blockchain and virtual assets as an industry, I will reform regulations as much as the Trump administration in the United States," Hong Joon-pyo, a candidate for People Power Party's presidential primary. (TheBlock)
-CBDCs/World Currencies/Strategic Reserves-
1. Oklahoma Kills Bitcoin Reserve Proposal in Senate Committee Vote: With the failure of Oklahoma’s Bitcoin reserve bill, New Hampshire, Texas, and Arizona now lead the push for state-level BTC reserves. (Deecrypt)
2. VanEck proposes Bitcoin-linked Treasury bonds to offset $14 trillion in US debt: VanEck’s head of digital assets research, Matthew Sigel, has proposed the introduction of “BitBonds,” a hybrid debt instrument combining US Treasuries with Bitcoin (BTC) exposure, as a novel strategy for managing the government’s looming $14 trillion refinancing requirement. (CryptoSlate)
3. China Plans To Sell 15,000 Bitcoin On Offshore Exchanges: China has its sights on a mass sale of a cache of Bitcoins confiscated from illicit activities, threatening to sink prices in the short term. Chinese authorities are sitting on 15,000 Bitcoin, sparking debates over the handling of seized cryptocurrencies. (CoinGape)
-Institutional Concerns-
1. Semler Scientific Aims to Boost Its Bitcoin Holdings Through a $500 Million Securities Offering: Semler Scientific, a healthcare tech firm, plans to raise $500 million through a securities offering to increase its Bitcoin holdings. (Decrypt)
-Economic Indicators-
1. US Mortgage Rates Jump, Applications Drop: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances in the US soared to 6.81% in the week ended April 11th 2025, from 6.61% in the previous week. Meanwhile, mortgage application volumes in the US slumped by 8.5% (TradingEconomics)
2. US 10-Year Holds Steady Ahead of Powell Speech: The yield on the U.S. 10-year Treasury note held steady around 4.33% on Wednesday after sliding for two straight sessions, as investors awaited a key speech from Federal Reserve Chair Jerome Powell. (TradingEconomics)
-Security Incidents and Concerns-
1. China accuses NSA of launching cyberattacks on Asian Winter Games: China on Tuesday accused three alleged employees of the U.S. National Security Agency of carrying out cyberattacks on the Asian Winter Games in February. The public security bureau in Harbin, where the games were held, said the purported operatives were involved in the attacks on behalf of the agency’s Office of Tailored Access Operations. (TheRecord)
-Technology and Science-
1. xAI Grok's New 'Studio' Feature Lets You Build Apps, Write Docs, and Even Game Like a Pro: With the new functionality on the platform, users can expect to see a canvas-style space where they can create and edit documents, apps, and code in real time. It's available for free and paid users. (TechTimes) (AC-The AI race between X and OpenAI is not only blistering, it's personal. The animosity between Musk and Sam Altman is entertaining at least and a multi billion-dollar conflict at most. AI users are presently the beneficiaries.)
-Bitcoin Community-
1. Miners Sell $1.1 Billion Worth of Bitcoin Following Low Price, High Mining Costs: Bitcoin miners faced increased pressure as they sold 15,000 BTC in a day, worth at least $1.12 billion, due to low prices and high mining costs. President Trump's announcements on tariffs added to market volatility, leaving miners uncertain about their operations. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 29/100 (Down 8 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR:
@Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 896,665
DTG/ICOD: 1200Z 14May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US Lifts Syria Sanctions / US-Saudi Deal Announced / Gaza Faces Starvation / Columbia Joins Chinas Belt and Road / US Judge Indicted on Harboring Charges / Trump's Alien Enemies Invocation Upheld in Court / US Senators Push for Corporate Tax Exemption on Digital Asset Holdings / Trump's Crypto Ties May Be Hurting Legislation / Largest One-Day Bitcoin Exodus From Exchanges in 2025 / Twenty-One Company Prepares to Play / Dollar Down, Stocks Up / Another Wrench Attack in France Draws Attention / Alabama Gov Offices Under Cyberattack / AI Helping Those Who Use It / OP_RETURN Battle Foremost For Bitcoiners
Market Data: Price: 1 BTC= $104,072, 32.23 oz Gold, .24 Median US House
24hr Hi: $104,997 / Lo: $102,895
Volume: $51 (Down 11%)
Mkt Cap: $2.06T (Up 1%)
HashRate: 856 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 50%)
---Reports---
-International Events-
1. Trump Lifts Syria Sanctions, Secures $600 Billion Saudi Deal: President Trump announced the U.S. will lift long-standing sanctions on Syria and secured a $600 billion investment commitment from Saudi Arabia during a Gulf tour focused on economic partnerships. (Reuters)
2. Some IDF officers warn Gaza could face starvation in weeks without new aid: Some officers in the Israeli military have concluded that Gaza could face widespread starvation if the delivery of food aid is not restored in the coming weeks, The New York Times reported on Tuesday, citing three Israeli defense officials familiar with conditions in the Strip. Israel cut off aid to Gaza on March 2, following the collapse of a hostage-ceasefire release deal, amid an effort to pressure the Hamas terror group into releasing more captives. (TimesofIsrael)
3. Colombia Joins Belt And Road Initiative As China Courts Latin America: Colombia's foreign ministry hailed the agreement as a "historic step that opens up new opportunities for investment, technological cooperation, and sustainable development for both countries". China has surpassed the United States as the biggest trading partner of Brazil, Peru, Chile and other Latin American nations, and two-thirds of countries there have signed up to Chinese leader Xi Jinping's Belt and Road infrastructure drive. (IBTimes)
-US Events-
1. Federal grand jury indicts Milwaukee County Judge Hannah Dugan: The FBI arrested Dugan on federal obstruction charges last month, after they alleged she helped an undocumented migrant avoid immigration agents who were trying to arrest him after his appearance in her courtroom. The indictment claims that Judge Dugan directed immigration agents to leave the location of the planned arrest and go to the Chief Judge's office, and instructed Ruiz and his attorney to exit the courtroom through a non-public jury door. (WISN)
2. Judge upholds Trump's authority to deport criminal migrants under Alien Enemies Act: A federal judge on Tuesday said the Trump administration can invoke the Alien Enemies Act (AEA) to deport criminal illegal immigrant members of the Venezuelan Tren De Aragua gang, but that it has not given adequate prior notice to those subject to removal, before those deportations can take place, which would allow possible due process and habeas legal challenges. (Fox)
-Regulatory and Legal-
1. U.S. Senators Request Treasury Exemption for Unrealized Crypto Gains from CAMT: Senators Lummis and Moreno propose exempting unrealized crypto gains from Corporate Alternative Minimum Tax (CAMT). FASB’s 2023 accounting rule requires fair value reporting of digital assets, creating potential tax burden on unrealized gains. (Blockonomi)
2. Trump’s crypto influence scrutinized as stablecoin legislation stalls in Congress: Trump’s deepening ties to crypto projects are raising ethical questions as regulation efforts stall. The president’s memecoin and stablecoin connections have complicated bipartisan talks on digital asset laws. (TheBlock) (AC-This issue highlights the subversive nature of memecoins and altcoins in relation to Bitcoin's transparency.)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Bitcoin ETFs Cling to Inflow Momentum With $5 Million Net Gain: Bitcoin ETFs marked their fourth straight day of inflows, narrowly holding ground with a $5 million net gain led solely by Blackrock’s IBIT. (BitcoinCom)
2. $1B Bitcoin exits Coinbase in a day as analysts warn of supply shock: On May 9, Coinbase saw 9,739 Bitcoin, worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025. “In 2025 alone, corporations have bought four times more Bitcoin than all US spot Bitcoin ETFs combined, which is crazy,” he said. “We’re close to 200,000 Bitcoin already, which is the annual supply of new Bitcoin.” (CoinTelegraph)
3. Bitcoin Treasury Company Twenty One Has $459M in BTC Coming via Tether: Tether purchased nearly $459 million worth of Bitcoin for Twenty One's treasury, to be sold at the same price post-merger. The new Bitcoin company, formed by Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group, plans to launch with over 42,000 Bitcoin. (Decrypt)
-Economic Indicators-
1. Dollar Holds Decline as Inflation Cools: The US dollar index hovered around 100.9 on Wednesday, after falling nearly 1% in the previous session, pressured by weaker-than-expected inflation data that signaled only a limited impact from President Donald Trump’s tariffs. (TradingEconomics)
2. S&P Turns Positive for 2025, Nvidia Fuels Tech Gains: Wall Street extended its rally on Tuesday as easing US-China trade tensions and softer inflation data boosted investor confidence. The S&P 500 closed 0.7% higher, reclaiming positive territory for 2025, while the Nasdaq 100 jumped 1.6%, driven by a sharp rebound in chipmakers.(TradingEconomics)
-Security Concerns-
1. French interior minister to meet with crypto businesses after recent kidnappings: On Tuesday, the daughter and grandson of a French cryptocurrency entrepreneur narrowly escaped a kidnap attempt by armed men in central Paris. The Interior Ministry meeting is scheduled for Friday, officials said. (LeMonde)
2. Alabama says ‘cybersecurity event’ could disrupt state government services: Alabama’s governor said the state is responding to a “cybersecurity event” and is advising residents to be patient with any disruptions to government website access or other communications. (TheRecord)
-Technology and Science-
1. Your A.I. Radiologist Will Not Be With You Soon: Experts predicted that artificial intelligence would steal radiology jobs. But at the Mayo Clinic, the technology has been more friend than foe. Today, radiologists — the physician specialists in medical imaging who look inside the body to diagnose and treat disease — are still in high demand. (NYTimes)
-Bitcoin Community-
1. OP_RETURN Limits: Bitcoin’s Battle Over Arbitrary Data: An OP_RETURN debate flared up in the Bitcoin industry in recent weeks and has by now invaded most conversation spaces within the industry. Spearheaded by Peter Todd, though supported by many Bitcoin Core contributors, the removal of the OP_RETURN limit represents a harm reduction approach to the problem of spam and arbitrary data on Bitcoin. The opposition, led by Luke Dashjr, not only wants to keep the OP_RETURN limit in place and retain the datacarrier size but proposes further mempool policy restrictions on arbitrary data and “non-monetary” transactions on Bitcoin. (BitcoinMag) (AC-The article is a good primer on the debate complete with opposing agendas and viewpoints.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 3 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 896,546
DTG/ICOD: 1200Z 13May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US-China Tariff Deal Begins / Trump in Mid-East / India's Modi Says Truce Temporary / GOP House Bill Affects Many / South African Refugees Come to US / Arizona Says No to Bitcoin / Dubai Implements Crypto Payments / Coinbase Joins S&P 500 / Nakamoto Holdings Merges with KindlyMD / Wall Street Booms / Blackrock Notes Quantum Risk To Bitcoin / House Proposes 10-year Ban on State AI Regulation
Market Data: Price: 1 BTC= $103,853, 31.99 oz Gold, .24 Median US House
24hr Hi: $104,607 / Lo: $100,814
Volume: $57 (Up 7%)
Mkt Cap: $2.76T (Up 1%)
HashRate: 873 EH/s
Avg Fee Rate: 4 sats/vBtye (Up 33%)
---Reports---
-International Events-
1. U.S. and China Implement Tariff Reduction Deal: The U.S. and China began implementing a 90-day agreement to slash tariffs, with U.S. levies on Chinese goods reduced from 145% to 30% and Chinese levies on U.S. goods from 125% to 10%. The deal, negotiated in Geneva, aims to de-escalate the trade war. (Reuters)
2. US President Trump arrives in Saudi Arabia’s Riyadh for first stop on four-day Gulf tour: Trump met with Crown Prince Mohammed bin Salman to discuss Iran, Gaza, oil prices, Gulf investments in U.S. Technology sectors, and a Gulf Cooperation Council summit. The visit aims to strengthen U.S.-Gulf ties, promote investments exceeding $2 trillion, and potentially ease Syria sanctions while addressing ongoing regional crises. (GroundNews)
3. India’s Modi says fighting ‘only paused’ in wake of conflict with Pakistan: The ultranationalist Hindu leader said in New Delhi that his government will not make a distinction between governments that support “terrorism” and “terrorist groups”. He said India would “retaliate on its own terms” if there is any future “terror” attack on the country. (AlJazeera)
-US Events-
1. Trump Rallies GOP To Back 'Big, Beautiful Bill' As House Releases 389-Page Text: On Monday, the house GOP released a draft of the bill which confirms several core policy pillars. Among the most consequential is a 5% remittance tax on international money transfers, designed to fund border security, which includes a new refundable credit for verified U.S. senders and strict compliance rules. The legislation also introduces a new federal income tax deduction for qualified tips and overtime compensation through 2028. (ZeroHedge) (AC-There are numerous provisions in the draft tax bill resulting in myriad consequences for Americans. The final bill will surely differ from today's version.)
2. South African Refugees Arrive in U.S. Under Trump Plan: The first 49 white South Africans, deemed victims of racial discrimination, arrived in the U.S. under a Trump administration refugee plan, sparking debate over immigration policy. (Reuters)
-Regulatory and Legal-
1. Arizona Governor Hobbs Vetoes Bills for State Crypto Funds But Signs Law Regulating ATMs: Gov. Hobbs vetoed bills proposing the establishment of a Digital Assets Strategic Reserve Fund and allocating state funds to Bitcoin. She signed a bill regulating crypto ATMs, requiring operators to display fraud warnings and comply with anti-money laundering protocols. (Decrypt)
2. Dubai’s finance department signs MOU with Crypto(.)com to enable crypto payments for government services: Crypto payments will be converted to Emirati dirhams, aiming to boost Dubai’s fintech economy by $2.1 billion annually. (TheBlock)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Coinbase to Join S&P 500 Index on May 19, First Crypto Company to Achieve Milestone: CEO Brian Armstrong called the inclusion a validation that “crypto is here to stay”. Coinbase shares rose 8.8% to $225.4 in after-hours trading following the announcement. (Blockonomi)
2. Nakamoto Holdings and KindlyMD Merge to Create a Bitcoin Treasury, Raising $710 Million for Adoption: Nakamoto Holdings and KindlyMD have formed a new Bitcoin treasury, raising $710 million through private investment and convertible notes. The merger aims to accelerate Bitcoin adoption globally, with David Bailey as the CEO. KindlyMD, a healthcare firm, will maintain its focus on combating the opioid crisis. (Decrypt) (AC- "Adoption" of Bitcoin once meant the use of it as a means of exchange, but growing use of Bitcoin as a company's treasury, or store of value, is morphing the term in media discourse. "Adoption" of Bitcoin now means different things to new and old holders of Bitcoin.)
-Economic Indicators-
1. Wall Street Soars on US-China Tariff Truce: US stocks roared higher on Monday after the US and China agreed to temporarily slash tariffs, easing fears of a prolonged trade war and possible recession. The S&P 500 jumped 3.2% and the Nasdaq 100 soared 4%, while the Dow Jones surged 1,160 points. Treasury Secretary Scott Bessent called the weekend negotiations in Switzerland “very productive,” confirming both sides would cut tariffs, the US to 30% and China to 10%, for 90 days. (TradingEconomics)
2. US 10-Year Yield Holds Up Amid US-China Deal: The yield on the US 10-year Treasury note held near 4.45% on Tuesday, close to a one-month high, as easing trade tensions between the US and China reduced demand for safe-haven assets. (TradingEconomics)
-Security Concerns-
1. BlackRock flags quantum computing as risk for Bitcoin ETFs: Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing. (CoinTelegraph)
-Technology and Science-
1. House GOP proposes 10-year ban on state AI regulations: The bill text from the House Energy and Commerce Committee would bar states from enforcing laws or regulations governing AI models, AI systems or automated decision systems. The bill aligns with the administration’s emphasis on AI innovation instead of regulation. (TheHill)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 70/100 (Even)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 896,405
DTG/ICOD: 1200Z 12May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hamas Releases Last US Hostage / US-China Strike Trade Deal / India-Pakistan Ceasefire Holds / Kurdish PKK Disbands / Trump EO To Cut Pharma Prices / US Stops Mexican Livestock Imports / Citizenship Debate Heads to SCOTUS / FDA Goes All-Natural on Dyes / Conor McGregor Pushes Irish Bitcoin Treasury / BTC ETFs Rake It In / Coinbase Launches BTC, ETH Futures Trading / Trump's New BTC Miner Going Public / MSTR Causing Bitcoin Deflation / Markets Like China Trade Deal / Google Pays Texas $1.3B in Privacy Thefts / Germany Shuts Down Crypto Mixer / Latest Wrench Attack in Las Vegas Desert / Soviet Spacecraft Reenters Atmosphere / VP Vance Scheduled for BTC 2025 / New Study Shows People Use BTC During Economic Woes
Market Data: Price: 1 BTC= $103,860, 32.21 oz Gold, .24 Median US House
24hr Hi: $105,747 / Lo: $103,597
Volume: $53 (Up 19%)
Mkt Cap: $2.48T (Up 1%)
HashRate: 889 EH/s
Avg Fee Rate: 3 sats/vBtye (Down 50%)
---Reports---
-International Events-
1. Hamas Announces Release of Last American Hostage in Gaza: Hamas stated that Edan Alexander, a 20-year-old Israeli-American held since October 2023, will be released as part of efforts to establish a ceasefire, reopen Gaza crossings, and resume aid delivery. (AP)
2. U.S. and China Agree to Reduce Tariffs in Trade Deal: U.S. and Chinese officials, led by Treasury Secretary Scott Bessent and Vice Premier He Lifeng, reached a 90-day agreement to lower tariffs significantly—U.S. levies on Chinese goods drop from 145% to 30%, and Chinese levies on U.S. goods from 125% to 10%. Talks continue to resolve trade disputes. (AP, CBS)
3. India-Pakistan Ceasefire Holds After Deadly Clashes: A ceasefire between India and Pakistan, following strikes in Pakistan-administered Kashmir that killed over 100 militants, has raised hopes of de-escalation after weeks of high tension. Both nations claim victories, but the truce is a step toward stability. (CNN)
4. Kurdish PKK Militants Announce Disbandment: The Kurdistan Workers’ Party (PKK) declared it will disband and disarm after 40 years of armed conflict with Turkey, a historic move toward peace. The decision follows a statement from jailed leader Abdullah Ocalan. (NPR)
-US Events-
1. Trump Plans Executive Order to Cut Medicine Prices: President Trump is set to sign an executive order to align U.S. medicine prices with those in other countries, aiming to reduce costs for consumers. (Reuters)
2. US shuts southern border to livestock imports to stop spread of deadly flies: The Trump administration is temporarily banning imports of cattle, horses and bison through ports along the southern border because of the rapid northern spread of New World Screwworm (NWS) in Mexico. (Fox)
3. Birthright citizenship debate erupts as Supreme Court arguments near: The Supreme Court will hear an emergency appeal on May 15 regarding President Trump's executive order that limits birthright citizenship for children born to noncitizen parents in the United States. (GroundNews)
4. FDA Approves Natural Food Color Additives: The FDA approved three natural food color additives—Galdieria extract blue, butterfly pea flower extract, and calcium phosphate—as part of the Trump administration’s push to phase out petroleum-based dyes. (CBS)
-Regulatory and Legal-
NSTR
-CBDCs/World Currencies/Strategic Reserves-
1. Conor McGregor Proposes Irish Bitcoin Reserve in Presidential Campaign: Former UFC champion Conor McGregor proposes national Bitcoin reserve in Irish presidential bid and plans meeting with El Salvador's president. (Blockonomi)
-Institutional Concerns-
1. Blackrock Powers Bitcoin ETFs to $321 Million Inflow as AUM Climbs Past $121 Billion: Blackrock’s IBIT once again carried the day, raking in a massive $356.20 million, while Fidelity’s FBTC added $45 million. (BitcoinCom)
2. Coinbase Pioneers 24/7 Crypto Trading for Bitcoin and Ethereum US Futures: Coinbase has launched 24/7 trading for bitcoin and ethereum futures, becoming the first CFTC-regulated exchange in the U.S. to offer continuous access to leveraged crypto futures. (BitcoinCom)
3. Trump-affiliated mining firm American Bitcoin to go public via merger with Gryphon Digital: Hut 8 subsidiary American Bitcoin plans to go public via a merger with Gryphon Digital Mining. (TheBlock)
-Economic Indicators-
1. Bitcoin now deflationary due to Strategy's BTC purchases: Strategy, a Bitcoin treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju. (CoinTelegraph)
2. US Futures Soar as US and China Agree to Lower Tariffs: US stock futures surged on Monday, with S&P 500 contracts climbing 2.8%, Nasdaq 100 futures rising 3.6%, and Dow Jones futures jumping more than 900 points, after the US and China announced a sweeping 90-day reduction in tariffs following trade negotiations over the weekend in Switzerland. (TradingEconomics)
3. The dollar index surged more than 1% above 101.5 on Monday, hitting over four-week highs, while the yield on the US 10-year Treasury note rose about 6 basis points to 4.45% on Monday. (TradingEconomics)
-Security Concerns-
1. Google Pays $1.375 Billion to Texas Over Unauthorized Tracking and Biometric Data Collection: Google has agreed to pay the U.S. state of Texas nearly $1.4 billion to settle two lawsuits that accused the company of tracking users' personal location and maintaining their facial recognition data without consent. "For years, Google secretly tracked people's movements, private searches, and even their voiceprints and facial geometry through their products and services," Texas Attorney General Ken Paxton said in a statement. (HackerNews0
2. German operation shuts down crypto mixer eXch, seizes millions in assets: German police have seized infrastructure belonging to the cryptocurrency platform eXch and confiscated more than $30 million worth of digital currency. The mixer is believed to have been used to launder much of the funds stolen in the $1.46 billion hack of Bybit in February. (TheRecord)
3. Florida Teens Charged in $4 Million Cryptocurrency Theft After Desert Kidnapping: Three Florida teenagers kidnapped a Las Vegas crypto event host at gunpoint and stole $4 million in cryptocurrency and NFTs after forcing password disclosure. Two suspects (Belal Ashraf and Austin Fletcher, both 16) are in custody, a third suspect fled the country, The victim was abandoned in Arizona desert and walked five miles to safety. (Blockonomi)
-Technology and Science-
1. Soviet-Era Spacecraft Kosmos 482 to Reenter Earth: Kosmos 482, launched in 1972 for a Venus mission but stranded in Earth’s orbit, is expected to reenter and burn up in the atmosphere. Experts predict minimal risk from debris. (CBS)
-Bitcoin Community-
1. Vice President JD Vance Will Speak at Bitcoin 2025 Alongside Trump's Sons: Vice President JD Vance is scheduled to headline Bitcoin 2025, following President Trump's appearance at Bitcoin 2024. Vance, who previously disclosed owning Bitcoin, will be the first vice president to speak at a crypto event, showcasing public support for the cryptocurrency industry. (Decrypt)
2. New BIS Report Says Bitcoin Use Surges During Economic Stress: A new report from the Bank for International Settlements (BIS) shows that Bitcoin and other cryptocurrencies are being used more during times of economic stress. This happens mostly in countries where inflation is high, it’s expensive to send money, or the government limits how much money can leave the country. (BitcoinMag)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 70/100 (Down 4 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 895,956
DTG/ICOD: 1200Z 09May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US-UK Announce Tariff Deal / First American Pope, Leo XIV / Missiles, Drones Exchanged in India, Pakistan / China Drops Economic Reporting Prior to US Negotiations / Jeanine Piro Named Interim US Attorney for DC / Pentagon to Oust Transgenders / Germany Reclaims Some Hacked Bitcoin / GENIUS Bill Dead / Man Sends Crypto To ISIS / EU To Track all Crypto Exchanged / Arizona Establish Bitcoin Reserve Only for Abandoned / Stocks Up on Trade Deals / Meta ChatBot Privacy Nightmare / ChatGPT Saves Ailing Man / Steak N Shake Now Takes Bitcoin
Market Data: Price: 1 BTC= $103,104, 30.90 oz Gold, .24 Median US House
24hr Hi: $104,297 / Lo: $99,122
Vol: $75B (Up 38%)
Mkt Cap: $2.04T (Up 4%)
HashRate: 908 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 200%)
---Reports---
-International Events-
1. US and UK Announce Tariff Reduction Deal: The United States and Britain finalized a trade agreement to lower tariffs on select goods, boosting UK assets amid economic challenges. The deal aims to strengthen bilateral trade and counter global market pressures. (Reuters)
2. Robert Prevost elected as first American pope and takes the name Leo XIV: The 69-year-old from Chicago stepped into his role as the 267th pope on the balcony of St. Peter’s Basilica. (CNN)
3. 500 Pakistani drones targeted 24 cities in J&K, Punjab, Rajasthan, Gujarat: Apart from swarm of drones, Pakistan also deployed missiles, which were promptly intercepted and blocked by India's air defense units. Meanwhile airlines Reroute Flights Over India and Pakistan.(IndiaToday)
4. China Panics Ahead Of Trade-Talks, Shuts Down Its Economic Data: Rarely do nations go entirely silent on the market, as in turning off the switches and making the data rooms go dark. It is an ominous sign. This is precisely what has happened in China. The bureaus have simply stopped reporting. (ZeroHedge)
-US Events-
1. Trump names Jeanine Pirro interim US attorney for DC: President Trump announced Thursday he’s appointing Fox News host and former prosecutor Jeanine Pirro the interim US attorney for Washington, DC, after his first pick faced what appeared to be insurmountable pushback from Republicans on Capitol Hill. (CNN)
2. Up to 1,000 transgender troops are being moved out of the military in new Pentagon order: The Defense Department announced it would promptly start separating up to a thousand transgender service members who have openly disclosed their gender identity, while also allowing others a 30-day period to self-report under the new order. (GroundNews)
-Regulatory and Legal-
1. Germany seizes $38M in crypto from Bybit hack-linked eXch exchange: The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police. (CoinTelegraph)
2. Treasury Secretary Scott Bessent Slams Senate Over Failure to Pass GENIUS Stablecoin Bill: The Senate's failure to advance the GENIUS Act, a bill aimed at establishing a federal regulatory framework for stablecoins, has caused uncertainty over stablecoin oversight and digital asset legislation. Treasury Secretary Scott Bessent expressed disappointment, emphasizing the need for American leadership in the global digital assets race. (Decrypt)
3. Man sentenced to 30 years for funding ISIS with cryptocurrency: A Virginia man was sentenced to more than 30 years in federal prison for raising funds for the Islamic State of Iraq and al-Sham (ISIS) using wire transfers, social media, and cryptocurrency. (TheBlock)
4. EU Plans to Track Crypto Transfers, Require Exchanges to Identify Self-hosted Wallet Users: Eurogroup President Paschal Donohoe discussed the EU's plan to expand AML regulation to include tracking cryptocurrency transfers. The new Anti-Money Laundering Regulation will require exchanges to identify users of self-hosted wallets. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Arizona Passes Law to Establish Bitcoin Reserve Fund: On May 2, Hobbs vetoed Senate Bill 1025 which would have allowed Arizona state funds to be invested in cryptocurrencies. Hobbs described virtual currencies as “untested investments.” But after receiving another proposal, House Bill HB2749, which permits the state to only hold abandoned digital assets in a special fund, Hobbs gave the thumbs up. (BitcoinCom)
-Institutional Concerns-
1. Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling: Bitcoin’s pipeline to exchanges is packed with brand‑new coins, leaving long‑held supply largely untouched. (CryptoSlate)
-Economic Indicators-
1. US 10-Year Yield Holds Advance: The yield on the US 10-year Treasury note held above 4.36% on Friday and was on track to post a second consecutive weekly gain, supported by improving global trade sentiment and diminished expectations of near-term rate cuts. (TradingEconomics)
2. Wall Street Rallies on UK Pact: Stocks in the US surged Thursday after President Trump announced a trade deal framework with the United Kingdom, the first major agreement since the US imposed sweeping tariffs earlier this year. The S&P 500 rose 0.6%, the Nasdaq jumped roughly 1.1% and the Dow gained 255 points, fueled by optimism around trade and easing geopolitical tensions. Trump described the UK deal as a breakthrough that would boost American exports, though a 10% tariff remains in place. He also hinted that tariffs on China could come down depending on the outcome of trade talks this weekend in Switzerland, where US officials will meet their Chinese counterparts. (TradingEconomics)
-Security Concerns-
NSTR
-Technology and Science-
1. Meta AI's Personalized Chatbot Raises Privacy and Ethical Concerns: Meta's new AI app collects extensive user data, with analysts noting it exceeds data gathering of competitors like ChatGPT. The platform keeps chat records by default and integrates with Meta's advertising system, raising privacy concerns. (GroundNews)
2. ChatGPT 'Saved' User's Life After Urging Him to Go the Hospital 'NOW' Upon Hearing His Symptoms: 'I Would've Lost an Organ': When he woke up in the morning with more intense symptoms, he decided to consult ChatGPT out of curiosity. After inputting his symptoms, the AI responded with a clear and urgent warning: "Go to the hospital. NOW." (TechTimes)
-Bitcoin Community-
1. Bitcoin to be Accepted at All Steak ‘n Shake Locations in the US Next Week: Steak ‘n Shake will start accepting Bitcoin at all U.S. locations from May 16, allowing customers to pay for items like milkshakes and burgers with BTC. This move will test Bitcoin's speed, cost, and usability in a high-volume, low-margin fast food setting. (Decrypt) (AC-Go support them!)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 8 pts)
Analyst Comments (AC): Friday FutureCast: Selected odds by Polymarket today: US recession in 2025?- 52% chance. US-China trade deal before June?- 23% chance. Fed Decision in June?- No change-85%. What price will Bitcoin hit in 2025?- $110K-83%, $120K-67%, $130K-48%
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 895,813
DTG/ICOD: 1200Z 08May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Pakistan Launches Artillery in Response to India Strikes / Sudan Cuts Dip Ties to UAE / Vatican Prepares for Pope Selection / Pres XI Meets With Pres Putin / Trump Call Powell "Fool" / Students Occupy Columbia Library / USS Truman Loses Another Plane / EU Says 'No' to Anon Wallets / G7 To Discuss North Korean Crypto Hacking Industry / US Banks Get Green Light For Digital Asset Activity / Bhutan Goes Crypto Tourism / Vivek Starts Bitcoin Treasury Company / Revolut Brings Lightning Network to EU / Trump Trade Deal with UK Today? / Bitcoin Hackers Hacked / SpaceX to Launch Every Other Week / Bitcoin Core to Lift Guardrails / Saifedean Teams With Scottish College on Austrian Economics and Bitcoin
Market Data: Price: 1 BTC= $99,505, 29.74 oz Gold, .23 Median US House
24hr Hi: $99,882 / Lo: $95,829
Vol: $54B (Up 60%)
Mkt Cap: $1.97T (Up 3%)
HashRate: 926 EH/s
Avg Fee Rate: 2 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Pakistan Reports Civilian Casualties from Indian Shelling: Pakistani military shelling in response to India’s air and missile strikes that killed 15 civilians and injured 43 in Poonch and Tangdhar along the Line of Control (LoC). A complete blackout was reported in Jaisalmer, India, amid escalations. India’s Defense Minister Rajnath Singh stated the strikes targeted only those responsible for the Pahalgam attack. (CNBC)
2. Sudan Cuts Diplomatic Ties with UAE: Sudan severed diplomatic relations with the United Arab Emirates, citing undisclosed reasons. This move follows ongoing regional tensions and Sudan’s internal conflict. (Anadolu)
3. Vatican Conclave Prepares to Select New Pope: The Vatican’s conclave is underway to choose a new pope, with global anticipation high. The last two popes were selected on the second day of proceedings, and Thursday’s session is expected to be pivotal. (WaPo)
4. China's Xi arrives in Moscow in show of support for Putin after Ukrainian drones target capital: Xi is the most powerful world leader expected at a military parade on Moscow's Red Square on Friday to mark the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany. (Reuters)
-US Events-
1. Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady: Trump's criticism followed Powell's decision to hold the benchmark rate at 4.25% to 4.5% despite pressure from the White House to cut rates. (GroundNews)
2. Columbia University: Police Arrest Pro-Palestinian Protesters Occupying Library: he protesters, many wearing masks and kaffiyehs, were seen pushing through the security entrance at the Butler Library on Wednesday afternoon, where they played drums and “posted signs and stickers to free Mahmoud Khalil, a recent Columbia grad who’s been detained by ICE. (Breitbart)
3. Second Plane Falls Off US Aircraft Carrier In 10 Days: A US warplane plummeted into the Red Sea when trying to land on the Harry S. Truman aircraft carrier, a defense official said Wednesday, the second jet lost from the ship in just over a week. "The arrestment failed, causing the aircraft to go overboard," the defense official said. (IBTimes) (AC-High OPTEMPO could be the cause of so many accidents on the Truman, but from a collision earlier this year, to losing a third aircraft, there are some serious indicators of incompetence, mechanical failures, or even sabotage. With any of these possibilities, it's time to explore why and how to fix it.)
-Regulatory and Legal-
1. EU law banning anonymous digital asset wallets by 2027, ‘final’: under Article 79 of the EU’s new Anti-Money Laundering Regulation (AMLR), “credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts” or handling privacy-preserving digital assets, such as Monero (XMR) and Zcash. (CoinGeek) (AC-There is no right to privacy in the new digital EU world.)
2. G7 Countries to Discuss North Korea's Use of Stolen Crypto Next Month: The G7 countries are planning to address and mitigate North Korea's long history of engaging in crypto hacks and malicious cyber activities. Investigations have shown that stolen funds from the crypto industry have been used to support North Korea's development of weapons of mass destruction. The summit, hosted by Canadian Prime Minister Mark Carney, will bring together leaders from the world's seven most advanced economies. (Decrypt)
3. US Banks Get Green Light to Handle Your Crypto? Here’s What OCC’s New Move Means: The Office of the Comptroller of the Currency (OCC) has officially confirmed that US banks and federal savings associations are allowed to provide crypto custody and execution services. This update also gives banks permission to outsource crypto-related services like custody and execution to third-party providers, as long as they follow proper risk management protocols. (CoinGape)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay: Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. (BitcoinCom)
2. Strive Merges With Asset Entities to Become a Bitcoin Treasury Company Listed on Nasdaq: Strive Asset Management, co-founded by Ohio gubernatorial candidate Vivek Ramaswamy, plans to merge with Asset Entities to become a Bitcoin treasury company listed on Nasdaq. The merger allows accredited investors to exchange Bitcoin for shares tax-free under Section 351 of the U.S. tax code. (Decrypt)
3. Revolut Will Integrate Bitcoin Lightning Network Payments: Revolut is collaborating with Lightspark to introduce Bitcoin transactions on the Lightning Network in the U.K. and select EEA countries. The feature aims to reduce fees and processing time for crypto users, with no specified timeline for its launch. (Decrypt)
-Economic Indicators-
1. US Futures Jump as Trump Hints at Major Trade Deal: US stock futures jumped on Thursday after President Donald Trump posted on Truth Social that there would be a news conference later today to announce a deal with a “big” country, reportedly the UK. (TradingEconomics)
-Security Concerns-
1. 60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked: LockBit is one of the most notorious crypto ransomware groups. While almost 60,000 Bitcoin wallets were leaked, no private keys were included. The exposure of the addresses allows law enforcement and blockchain investigators to track patterns and potentially link past ransom payments to known wallets. (CoinTelegraph)
-Technology and Science-
1. SpaceX Starship Is Gearing Up to Launch Every Other Week From Starbase Following FAA Approval: SpaceX received an approved launch cadence from the FAA that guarantees 25 launches a year. (TechTimes)
-Bitcoin Community-
1. Bitcoin Core to Lift OP_RETURN Guardrails in Next Update: Move Is 'Aligned With Bitcoin's Ethos': A recent statement from the Bitcoin Core team revealed that the controversial change to lift the current guardrails on OP_RETURN restrictions will be implemented in the next version. The statement explains that the decision was made because it aligns with the current bitcoin ethos. (BitcoinCom)
2. Scotland’s Lomond School and Saifedean Ammous Launch New Bitcoin Scholarship Program: Lomond School partners with Dr. Saifedean Ammous to launch the world’s first Bitcoin-powered scholarship fund promoting Austrian economics—inviting Bitcoin benefactors to shape the next generation of economic thinkers. (BitcoinMag) (AC-Expect to see more of this.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 65/100 (Down 2 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 895,649
DTG/ICOD: 1200Z 07May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: India Air Strikes Hit Pakistan / US-China Meet for Trade Talks / US-Houthi Ceasefire Does Not Include Israel / Canada PM Visits Trump / REAL ID In Effect / SCOTUS Allows Trump Military Transgender Ban / 5 Killed in Human Smuggling Op in San Diego / GENIUS Act Faces Uphill Battle / New US Bill Proposes Lawmaker, President Divestiture of Crypto / New Hampshire is First to Enact Bitcoin Reserve / Bitcoin ETFs Continue Inflow / Fed Meets Today / Stocks Up on US-China Meeting / NSA to Cut 8% of Workforce / Saylor Used AI to Help Design Strategy / Strike Offers Bitcoin Loans /
Market Data: Price: 1 BTC= $96,963, 28.67 oz Gold, .22 Median US House
24hr Hi: $97,625 / Lo: $93,399
Vol: $34B (Up 47%)
Mkt Cap: $1.92T (Up 3%)
HashRate: 906 EH/s
Avg Fee Rate: 0 sats/vBtye (Down 100%)
---Reports---
-International Events-
1. India Confirms Strikes On 9 Pakistan "Terrorist Camps"; Pakistan Claims 5 Jets Shot-Down: ndia said it had launched the operation against Pakistan after gathering evidence “pointing towards the clear involvement of Pakistan-based terrorists” in last month’s attack on civilians in Kashmir. While unconfirmed, a senior Pakistani intelligence source said three Indian jets (and a drone) were shot down in locations “within Indian territory.” (ZeroHedge)
2. Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war: U.S. Treasury Secretary Scott Bessent emphasized that reducing tensions is a necessary first step before any progress can be made, highlighting that the meeting’s primary goal is to ease conflicts rather than finalize a major trade agreement right away. (GroundNews)
3. US-Houthi ceasefire deal does not include Israel: A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt. President Donald Trump announced on Tuesday the U.S. would stop bombing the Iran-aligned Houthis in Yemen, saying that the group had agreed to stop attacking U.S. ships. (Reuters)
4. Canadian Prime Minister Carney arrives in Washington for a high-stakes meeting with President Trump: The meeting follows Trump's imposition of 25 percent tariffs on Canadian goods and his repeated suggestion that Canada could become the 51st US state. (GroundNews)
-US Events-
1. REAL ID Enforcement Begins for Domestic Flights in the U.S.: Starting May 7, 2025, travelers must present REAL ID-compliant identification to board domestic flights in the U.S. The Department of Homeland Security is enforcing the regulation after multiple delays since 2008. (Fox)
2. US Supreme Court allows Trump to enforce transgender military ban: The US Supreme Court temporarily allowed President Donald Trump to enforce his ban on transgender people serving in the military while legal challenges to the policy move forward. (BBC)
3. 5 people charged after 3 dead, 1 missing in alleged human smuggling operation in San Diego: Five people were charged Tuesday for their involvement in an alleged human smuggling operation after a small boat capsized off the San Diego coast Monday morning. “Human smuggling, regardless of the route, is not only illegal but extremely dangerous. Yesterday’s heartbreaking events are a stark reminder of the urgent need to dismantle these criminal networks driven by greed.” an official at HSI San Diego said. (CNN)
-Regulatory and Legal-
1. US Stablecoin Bill GENIUS Act Faces Stiff Bipartisan Opposition, Crypto Legislation in Doubt: The GENIUS Act, aimed at regulating stablecoins, faces opposition from both Democrats and Republicans. Despite bipartisan support in the Senate Banking Committee, recent revisions have caused uncertainty. Senate Republicans are pushing for a vote, possibly to shift blame onto Democrats before the 2026 midterms. (Decrypt)
2. Senate bill seeks to block presidential crypto gains amid TRUMP memecoin controversy: Senate Democrats introduced legislation that would bar sitting presidents, lawmakers, and their families from issuing, endorsing, or holding cryptocurrency. The End Crypto Corruption Act, announced May 6, seeks to prevent elected officials from personally benefiting from digital assets while shaping policy. (CryptoSlate) (AC-Obviously this Dem bill will not get anywhere in the current Congress but it also reeks of hypocrisy, even if there is an ounce of validity,)
-CBDCs/World Currencies/Strategic Reserves-
1. New Hampshire just became the first state to establish a crypto reserve: The bill allows the state treasure to invest as much as 5% of New Hampshire's public funds into precious metal and digital assets with a market cap of over $500 billion. Among crypto tokens, that would include only bitcoin. (BusinessInsider)
-Institutional Concerns-
1. Bitcoin ETFs Start the Week With $425 Million Inflow: Bitcoin ETFs opened the week strong with a $425 million net inflow, entirely driven by Blackrock’s IBIT. Ether ETFs stayed quiet, recording no activity for the day. (BitcoinCom)
-Economic Indicators-
1. Fed Expected to Keep Rates Steady: The Federal Reserve is widely expected to keep the federal funds rate unchanged at 4.25%–4.50% for a third consecutive meeting in May 2025, as policymakers weigh slowing inflation against a still-resilient labor market and heightened uncertainty over trade policy. (TradingEconomics)
2. US Futures Jump on News of US-China Trade Talks: US stock futures climbed on Wednesday after reports emerged that Treasury Secretary Scott Bessent and top trade official Jamieson Greer are set to meet with Chinese counterparts in Switzerland this week to discuss economic and trade issues. (TradingEconomics)
-Security Concerns-
1. NSA to cut up to 2,000 civilian roles as part of intel community downsizing: The largest electronic spy agency in the world must axe 8 percent of its civilian workforce, which covers everything from administrative staff to defense and offensive cybersecurity operators. While the total number of non-military personnel who work at NSA is classified, between 1,500 and 2,000 positions are expected to be cut. (TheRecord) (AC-Where will these highly skilled people go?)
-Technology and Science-
1. Strategy's AI Embrace: Michael Saylor Says He Built His Bitcoin Empire With Chatbot Help: Saylor explained how artificial intelligence helped engineer innovative financial products that powered its Bitcoin treasury, which now holds a staggering $52 billion worth—a more than 200x increase from its $250 million starting stake five years ago. Strategy’s AI-powered approach wasn't just for information gathering. Saylor revealed that his company's financing structures were designed with artificial intelligence. (Decrypt)
-Bitcoin Community-
1. Bitcoin-Backed Loans Now Offered by Jack Mallers' Strike to US Customers, Expanding to Europe Soon: Strike's American customers can now secure Bitcoin-backed loans, with amounts ranging from $75,000 to $100,000 depending on the state. CEO Jack Mallers announced the new service, which will soon expand to other regions, including Europe. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 67/100 (Up 8 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 895,513
DTG/ICOD: 1200Z 06May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Germany's Merz Not Elected Chancellor / Israel Has New Plan to 'Conquer' Gaza / Ukraine Drones Hit Moscow / Attack on Peru Gold Mine Kills 13 / New 100% US Tariffs on Foreign Movies / Trump Wants Alcatraz Reopened / New Offer to Immigrants of $1000 to Leave / New Bill Says Hands Off Digital Assets to SEC / Florida Also Says No to Bitcoin Reserve / BTC ETFs Still Inflowing / Kenya Rules Against WorldCoin's Biometrics Scooping / US Militia Group Threatens Weather Radars and Personnel / Goodbye Skype / Bitcoin Community Torn Over Code / Riot Mining Sells BTC for Operating Costs
Market Data: Price: 1 BTC= $93.802, 27.81 oz Gold, .22 Median US House
24hr Hi: $95,193 / Lo: $93,631
Vol: $23B (Up 6%)
Mkt Cap: $1.86T (Even)
HashRate: 907 EH/s
Avg Fee Rate: 3 sats/vBtye (Down 33%)
---Reports---
-International Events-
1. Germany’s Merz fails to be elected chancellor in shock first-round parliamentary vote: Merz needed at least 316 votes to become chancellor and only 310 members of parliament voted in his favor. Germany’s Bundestag has a total of 630 members. The result marks an unanticipated setback for Merz who was widely expected to secure the necessary votes and be officially sworn in later in the day. (CNBC)
2. Israel vows to escalate war with new plan to ‘conquer’ Gaza: Israeli Prime Minister Benjamin Netanyahu said the population of Gaza will be displaced to the south after his security cabinet approved an expanded military operation in the enclave that a minister described as a plan to “conquer” the territory. “One thing will be clear: there will be no in-and-out,” Netanyahu said in a Monday video message posted on X. “We’ll call up reserves to come, hold territory — we’re not going to enter and then exit the area, only to carry out raids afterward. That’s not the plan. The intention is the opposite.” (CNN)
3. Ukraine Targets Moscow with Drones: Ukraine launched drone attacks on Moscow for the second consecutive night, with Russian defenses intercepting several drones. No casualties were reported, but the attacks disrupted air traffic. (Reuters)
4. Thirteen security guards from the Poderosa gold mine in Pataz, Peru, were kidnapped on April 26, 2025, by a criminal gang linked to illegal mining. Their bodies were found executed in a mine shaft on May 5. The Peruvian government responded with a nighttime curfew, a 30-day suspension of mining in Pataz, and increased police and military presence to combat escalating violence driven by illegal gold mining. (DW)
-US Events-
1. Trump Orders 100% Tariff on Foreign-Made Movies: U.S. President Donald Trump announced a 100% tariff on foreign-made films to bolster Hollywood, citing the industry’s decline. This led to a drop in stocks like Netflix and Disney. (BBC)
2. Trump Reopens Alcatraz as Prison: President Trump ordered the reopening of Alcatraz prison, though details on its use or timeline remain sparse. (Reuters)
3. US offers $1,000 stipend to encourage migrants to self-deport: The stipend and potential airfare for migrants who voluntarily depart would cost less than an actual deportation, the agency said. The average cost of arresting, detaining and deporting someone without legal status is currently about $17,000, according to DHS. (Reuters)
-Regulatory and Legal-
1. Proposed Bill Aims to Exempt Top Digital Assets From SEC Oversight in the US: The House Financial Services Committee's new discussion draft proposes amending American securities laws to exclude top digital assets from SEC oversight. The bill defines "digital commodities" and exempts their secondary market trading from SEC regulation under certain conditions. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Florida Rejects BTC Investment Plan: Florida has withdrawn its Bitcoin reserve efforts, rejecting both House Bill 487 and Senate Bill 550. Several states, including Wyoming and Pennsylvania, have also dropped their Bitcoin reserve proposals. (BitcoinSensus)
-Institutional Concerns-
1. BlackRock Bitcoin ETF Records 15 Days of Consecutive Inflows: Bitcoin ETFs are purchasing BTC at six times the mining rate, with BlackRock's fund leading massive inflows as price holds steady near $94,500. (Blockonomi)
-Economic Indicators-
1. Treasury Yields Edge Up: The yield on the US 10-year Treasury note rose toward 4.37% on Tuesday, marking its highest level in about two weeks, as investors closely monitored trade tensions and awaited the FOMC decision due tomorrow. (TradingEconomics)
2. S&P 500 Snaps 9-Day Win Streak: US stocks closed lower Monday, unable to shake losses as investors weighed strong economic data against trade tensions and the upcoming Fed meeting. The S&P 500 and Nasdaq slipped 0.6% and 0.7% respectively, with the former snapping nine-day win streaks, while the Dow lost 98 points. (TradingEconomics)
-Security Concerns-
1. Kenya court rules against Sam Altman's World, orders data deletion and halts biometrics collection: Kenya's High Court has ordered the World Foundation, formerly known as Worldcoin and co-founded by OpenAI CEO Sam Altman, to delete the biometric data of local users, ruling that its collection violated the right to privacy. (TheBlock) (AC-This biometric privacy nightmare warrants continued scrutiny, especially now that it is available in the USA now.)
2. Militia Group Threatens NWS Radars, Calling Them 'Weather Weapons': The National Weather Service increased security after getting credible threats from a violent militia-style organization called Veterans on Patrol. In a NOAA security notice Veterans on Patrol is calling supporters to conduct "penetration drills" at radar facilities throughout the US to locate vulnerabilities and take advantage of them with the goal of sabotaging them. The notice threatens face-to-face contact with the organization and details field personnel's essential safety procedures. Though valuable, the radar towers have also been the focus of unfounded conspiracy theories, with Veterans on Patrol asserting that the structures are weather manipulation tools. (TechTimes)
-Technology and Science-
1. It's last call for Skype as the once-popular video calling app shuts down: Skype, the pioneering online video calling service that has been around for more than two decades, will go offline for good after Monday. (NPR)
-Bitcoin Community-
1. OP_RETURN Conflict: Ocean Mining Accuses Core Developers of Colluding to Fill Bitcoin With 'Spam': Bitcoin Mechanic, the pseudonymous global head of sales at Ocean Mining, stressed that Bitcoin Core developers were colluding with Citrea, a Bitcoin Zero Knowledge (ZK) expansion product, to facilitate the inclusion of so-called “spam” in the blockchain. (BitcoinCom)
2. Riot Platforms Sells $39M in Bitcoin in April to Improve Liquidity, Reduce Reliance on Equity Financing: In April, Riot Platforms sold $38.8 million worth of Bitcoin to boost liquidity, with 475 BTC sold at an average price of $81,731 per coin. The company aims to reduce reliance on equity financing and limit shareholder dilution amid tightening margins in the mining sector. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 59/100 (Down 7 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 894,889
DTG/ICOD: 1200Z 02May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Israel Air Strikes Near Syrian Presidential Palace / China-US Hint at Trade Negotiations / Spain, Portugal Power Outage Blamed on Solar / Texas Judge Says Alien Enemies Act Use Unlawful by Trump / Trump EO Cuts all NPR, PBS Funding / Mike Waltz Droped From NSC, Nominated for UN Ambassador / Sen Thune Wants Stablecoin Act Expedited / Eric Trumps Says Debanking Led to Crypto Adoption / Roswell, NM First to Fund Bitcoin Reserve in US / USD, Stocks Stabilize / Huione Was North Korea Scammer Conduit, US Treasury Says / Kraken Team Exposes North Korean Job Infiltrator / Fusion Reactor Construction Complete / Researchers Find New Photosynthesis Energy Tech / More Americans Turning to Bitcoin / Riot Revenues Up, No Profit
Market Data: Price: 1 BTC= $96,917, 29.70 oz Gold, .22 Median US House
24hr Hi: $97,437 / Lo: $95,877
Vol: $31B (Down 4%)
Mkt Cap: $1.92T (Up 1%)
HashRate: 857 EH/s
Avg Fee Rate: 4 sats/vBtye (Down 50%)
---Reports---
-International Events-
1. Israel strikes target near Damascus presidential palace in ‘message to Syrian regime’: “This is a clear message to the Syrian regime. We will not allow forces to be sent south of Damascus or any threat to the Druze community,” Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz said in a joint statement. (TimesoFIsrael)
2. China Says Open To US Trade Talks Offer But Wants Tariffs Scrapped: China said Friday it is evaluating a US offer for negotiations on tariffs but insisted Washington must be ready to scrap levies that have roiled global markets and supply chains before talks can begin. (IBTimes)
3. Spain and Portugal blackout blamed by critics on solar power dependency: The inability of Spain’s electricity grid to manage an unusually high supply of solar power was a key factor in Monday’s catastrophic blackout, former regulators and some experts have said. About 55% of Spain’s supply was from solar sources when 15 gigawatts of electricity generation disconnected from the grid within five seconds on Monday afternoon, triggering a wide-ranging shutdown of power systems in Spain and Portugal. (FT)
-US Events-
1. Trump-appointed judge says president’s use of Alien Enemies Act is unlawful in first-of-its-kind ruling: US District Judge Fernando Rodriguez of the Southern District of Texas said Trump had unlawfully invoked the sweeping 18th century wartime authority to speed up some deportations. His decision means Trump cannot rely on the law to detain or deport any alleged members of the Venezuelan gang Tren de Aragua within his district. (CNN)
2. Trump signs executive order directing federal funding cuts to PBS and NPR: The executive order directs federal agencies to stop both direct and indirect funding to public broadcasters like PBS and NPR, which receive approximately $500 million annually from the federal government via the Corporation for Public Broadcasting. (GroundNews)
3. Trump Nominates Mike Waltz as UN Ambassador: President Trump announced Mike Waltz as the U.S. ambassador to the United Nations, following Waltz’s departure as National Security Adviser. (CBS)
-Regulatory and Legal-
1. Senate Majority Leader John Thune Seeks to Expedite GENIUS Stablecoin Act: Sen. Thune is pushing for a vote on the GENIUS Act, a bill regulating stablecoins tied to the U.S. dollar. The legislation, sponsored by Sen. Bill Hagerty, aims to establish a regulatory framework for digital assets and maintain the dollar's global dominance. (Decrypt)
2. Eric Trump Says He Turned to Crypto Due to Banks Canceling Accounts Over Politics: Eric Trump cited "woke cancel culture" targeting his family as the reason for his interest in cryptocurrency, following banks canceling their accounts due to political reasons. He expressed his belief in the future of crypto and criticized the traditional financial system's shortcomings. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Roswell First In US To Hold BTC Reserves: Roswell, New Mexico has made history in municipal finance by becoming the first city in the United States to have an official Bitcoin reserve. The city accepted its first cryptocurrency donation of 0.0305 BTC (around $2,845) on April 29, 2025, to kick off what officials have dubbed the “Roswell Strategic Bitcoin Reserve.” (Bitcoinist) (AC-How weird that the city known for aliens is the first to adopt a bitcoin reserve.)
-Institutional Concerns-
NSTR
-Economic Indicators-
1. Dollar Set for Weekly Gain Amid Easing Trade Tensions: The US dollar index held above 100 on Friday and was on track for a second consecutive weekly gain, as easing global trade tensions reduced recessionary risks, lifting sentiment toward the currency. China announced it is evaluating the possibility of trade talks with the US, following multiple outreach attempts from Washington. (TradingEconomics)
2. Wall Street Extends Positive Momentum: US stocks kickstart May strong on Thursday, with the Dow Jones adding 70 points, the S&P 500 climbing 0.6% and the Nasdaq Composite jumping 1%, as Big Tech earnings drove gains. (TradingEconomics)
-Security Concerns-
1. US Treasury Claims Huione Laundered $37 Million from North Korean Cyber Heists: US Treasury moves to block Cambodia's Huione Group from US banking system after finding it laundered $4 billion in crypto, including North Korean funds. The conglomerate operates payment platform Huione Pay, crypto exchange Huione Crypto, and illicit marketplace Haowang Guarantee. (Blockonomi)
2. North Korean Operative Exposed During Kraken Exchange Job Interview: The applicant joined video calls using a name different from what was on their application. During the calls, they “occasionally switched between voices,” suggesting they were being coached in real-time by others. Kraken Chief Security Officer Nick Percoco conducted impromptu identity verification tests. These included asking the candidate to show government ID, verify their city of residence, and name local restaurants from their supposed location. “At this point, the candidate unraveled,” Kraken stated. (Blockonomi)
-Technology and Science-
1. ITER Completes Central Solenoid, Advancing Fusion Reactor Assembly: When operational in the 2030s, ITER aims to produce 500 megawatts from just 50 megawatts input, demonstrating fusion as a viable clean energy source. This breakthrough could revolutionize power generation, reduce fossil fuel dependence, and transform space travel capabilities. ources widely acknowledge ITER as an unprecedented model of international scientific cooperation, with over 30 nations setting aside geopolitical differences to pursue fusion energy. (GroundNews)
2. Scientists Develop Solar-Powered Artificial Leaf That Turns Carbon Dioxide into Liquid Fuel: Researchers at Berkeley National Laboratory, with the help of other scientists around the world, have discovered a device that replicates natural photosynthesis to transform carbon dioxide into usable liquid fuel using nothing but the sun. The revolutionary technology uses copper electrocatalysts with perovskite solar cells, a breakthrough achievement in renewable energy technology. (TechTimes)
-Bitcoin Community-
1. 68% of Americans Turn to BTC Amid US Tariffs: According to a new NFT Evening study, 68% of Americans have bought bitcoin since U.S. President Trump announced reciprocal tariffs. This figure exceeds the proportion that bought gold by nearly 24%, indicating that Americans viewed the top cryptocurrency as a “modern hedge” against economic turmoil. (BitcoinCom) (AC-This is not really a well-documented 'study' and with major assumptions, but it is indicative of general attitude shifts this year.)
2. Riot Platforms posts net loss in Q1 despite doubling revenue amid AI pivot: Riot booked $161.4 million in total revenue in the first quarter of this year, up 103.5% year-on-year, however, it reported a net loss of $296.4 million, compared to net income of $211.8 million during the same period last year. (TheBlock)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 67/100 (Up 11 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 894,738
DTG/ICOD: 1200Z 01May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US Ukraine Policy May be Shifting / US Tries to De-Escalate IN-PK Tensions / Judges Halt CBP Arrests in CA, Release Tesla Bomber / May Day in USA / NC House Passes Bitcoin Reserve Bill, Goes to Senate / Metaplanet Comes to USA / New EU Bitcoin Treasury Group Rises / GDP Contracts, Spin Results / Job Layoffs Up, Inflation Steady / WorldCoin Brings Biometric System to USA / Coinbase Files With SCOTUS For Privacy Issues / Fifth Gen Warfare Operation Used Claude AI / Blockstream Expanding
Market Data: Price: 1 BTC= $96.292, 30.01 oz Gold, .22 Median US House
24hr Hi: $96,373 / Lo: $92,979
Vol: $32B (Up 33%)
Mkt Cap: $1.91T (Up 1%)
HashRate: 852 EH/s
Avg Fee Rate: 9 sats/vBtye (Up 50%)
---Reports---
-International Events-
1. US and Ukraine sign natural resources deal and agree to establish investment fund: The deal followed prolonged negotiations amid a more-than-three-year war with Russia, with Ukraine securing full sovereignty over its mineral resources as compensation for U.S. Military aid. (GroundNews) (AC-The timing of this announcement seems to coincide with Russia's latest military push in Ukraine and the consternation the US is showing towards Russia for not seeking an end to hostilities. It also reveals a possible shift in attitude towards the Ukrainian plight.)
2. US Calls On India And Pakistan To 'De-escalate': SECState Rubio "urged Pakistani officials' cooperation in investigating this unconscionable attack" and "encouraged India to work with Pakistan to de-escalate tensions and maintain peace and security in South Asia", said spokeswoman Tammy Bruce. (IBTimes)
-US Events-
1. Judge Limits Border Patrol Stops in California, Citing Civil Rights Concerns: A federal judge in California’s Eastern District prohibited Border Patrol agents from arresting individuals suspected of being in the country unlawfully without first obtaining a warrant or having reasonable suspicion. (GroundNews) (AC-The war between activist judges and the Trump administration is in high gear now. The ability to mire the admin in legal injunctions and time-delaying tactics in having effects on Trump's momentum and ambitions. The results of the war will certainly degrade the trust in the legal system as well as executive power limits.)
2. Judge Orders Suspect Behind Firebombing of Missouri Tesla Released from Federal Custody: A federal judge ordered that the suspect behind the firebombing of a Tesla dealership in Kansas City, Missouri, be released from federal custody ahead of his upcoming court date. (Breitbart)
3. May Day Protests Expected Nationwide: May Day protests are set to intensify across the U.S. on May 1, 2025, with workers rallying against perceived anti-labor policies. Historians note the U.S. avoids officially recognizing May Day due to resistance to working-class unity. (NPR)
-Regulatory and Legal-
NSTR
-CBDCs/World Currencies/Strategic Reserves-
1. North Carolina House Approves Bitcoin Investment for $127 Billion Pension Fund: North Carolina House passes bills allowing 5% of $127 billion pension fund to be invested in Bitcoin, awaiting Senate approval. (Blockonomi)
-Institutional Concerns-
1. Metaplanet to Set Up Florida Subsidiary, Eyes $250M Raise for Its Bitcoin Strategy: Metaplanet Inc. is establishing a wholly owned subsidiary in Florida to raise $250 million for its Bitcoin treasury strategy. The Tokyo-listed investment firm aims to expand access to U.S. institutional investors and operate 24/7 across time zones. (Decrypt)
2. The Rise of Europe’s First Bitcoin Treasury Company: In the United States, Strategy proved the Bitcoin treasury model. In Asia, Metaplanet took the baton ran with it. Now in Europe, a new name is emerging as a leader in balance sheet transformation—The Blockchain Group (ALTBG). In just six months, it has posted a 709.8% BTC Yield, far outpacing Bitcoin’s price performance and demonstrating how balance sheet engineering—when executed through the Bitcoin lens—can drive exponential shareholder value. (BItcoinMag)
-Economic Indicators-
1. U.S. Economy Contracts in Q1 2025: The U.S. economy shrank by 0.3% in the first quarter of 2025, the first contraction since 2022, driven by a surge in imports as businesses stockpiled goods ahead of President Trump’s tariffs. Consumer spending slowed, with personal consumption expenditures up 1.8%, the lowest since Q2 2023. Economists warn tariffs could increase recession risks. (CBS) (AC-No mention in mainstream articles on the government component of GDP, which has been the more significant factor is GDP 'growth' for a number of years.)
2. US April Layoffs Highest for the Month Since 2020: U.S.-based employers announced 105,441 job cuts in April, down sharply by 62% from March’s 275,240 but still 63% higher than in April 2024. It marked the highest total for the month since April 2020, when a record 671,129 layoffs were reported. So far in 2025, employers have announced 602,493 job cuts—the most for this time of year since 2020—mainly in government, due to DOGE-related cost-cutting, as well as in the tech and retail sectors. (TradingEconomics)
3. US PCE Inflation Slows as Expected: The personal consumption expenditure price index in the US was unchanged in March from February 2025, the least in ten months, and following a 0.4% rise in each of the previous two months, in line with expectations. (TradingEconomics)
-Security Concerns-
1. Worldcoin Launches in Six U.S. Cities with Iris-Scanning Technology and Cryptocurrency Rewards: The Sam Altman-founded company plans to deploy 7,500 scanning orbs across the U.S. by the end of 2025 and has partnered with Visa for a debit card and integrated with Match Group, Razer, and others. Despite having scanned 12 million users globally, the project faces ongoing privacy and regulatory concerns. (Blockonomi) (AC-It's like watching a cancer spread.)
2. Coinbase and Allies Seek Supreme Court Review on Digital Privacy Laws: Coinbase, along with other parties, filed an amicus brief urging the U.S. Supreme Court to reconsider the application of the third-party doctrine in digital privacy laws. The case involves a John Doe summons issued by the IRS to Coinbase in 2016, seeking information on thousands of users suspected of tax violations. (Decrypt)
-Technology and Science-
1. Claude AI Exploited to Operate 100+ Fake Political Personas in Global Influence Campaign: Artificial intelligence (AI) company Anthropic has revealed that unknown threat actors leveraged its Claude chatbot for an "influence-as-a-service" operation to engage with authentic accounts across Facebook and X. The now-disrupted operation, Anthropic researchers said, prioritized persistence and longevity over vitality and sought to amplify moderate political perspectives that supported or undermined European, Iranian, the United Arab Emirates (U.A.E.), and Kenyan interests. (HackerNews) (AC-The tools of 5Th Generation Warfare are becoming more and more leveraged and powerful. It will take a concerted effort to combat these influence operations.)
-Bitcoin Community-
1. Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort: The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. (BitcoinCom)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 56/100 (Down 4 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: 
BTC Daily Intelligence Bulletin (DIB)
Block: 893,638
DTG/ICOD: 1200Z 23Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Terror Attack in Kashmir / Houthis Fire Missile at Northern Israel / Trump Backs Off China Tariffs / Rubio Looks to Slash State Dept / Trump Says He Won't Fire Powell / EU Looks to Control Blockchain Data / US Stablecoin Vs. EU CBDC Showdown / Cantor Starts Bitcoin Fund / Stocks Spike on Tariff News / Crypto Malware Sold as Service / Quantum Computing Helps Encryption / ISS Gets Resupplied / EU Fines Apple and Meta (Again) / Bitcoin Set to Transform Retirements
Market Data: Price: 1 BTC= $93,688, 28.26 oz Gold, .22 Median US House
24hr Hi: $94,459 / Lo: $88,515
Vol: $60B (Up 65%)
Mkt Cap: $1.86T (Up 6%)
HashRate: 837 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Militants kill at least 26 tourists at a resort in Indian-controlled Kashmir: Gunmen shot and killed at least 26 tourists Tuesday at a resort in Indian-controlled Kashmir. Two officers said at least four militants fired at dozens of tourists from close range. Most of the killed tourists were Indian, they said, speaking on condition of anonymity. (AP)
2. Houthi rebels fire a missile targeting northern Israel, a rare target for the group: Sirens sounded in Haifa, Krayot and other areas west of the Sea of Galilee, the Israeli military said. “An interceptor was launched toward the missile, and the missile was most likely successfully intercepted,” the Israeli military said. Those in the area could hear booms in the predawn darkness. (ABC)
3. Trump says China tariffs will drop ‘substantially – but it won’t be zero’: “I do say China is going to be a slog in terms of the negotiations,” SECTREAS Bessent said, according to a transcript obtained by the Associated Press. “Neither side thinks the status quo is sustainable.” (TheGuardian)
-US Events-
1. Trump Admin Draws Flak Over Plans To Overhaul State Department: 'An Assault On American Diplomacy': "The sprawling bureaucracy created a system more beholden to radical political ideology than advancing America's core national interests," SECSTATE Rubio said of the Department. In his proposal, he touted the elimination of a division that oversees "civilian security, democracy and human rights", among others. (IBTimes)
2. Trump Has No Plans to Fire Fed Chair Jerome Powell: ‘The Press Runs Away with Things’: “No, I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates. This is a perfect time to lower interest rates.” Trump said. (Breitbart)
-Regulatory and Legal-
1. Europe Rolls Out Draft Guidelines on Blockchain Data Storage: The European Data Protection Board has approved draft rules for storing and sharing personal data on blockchains, aligning with GDPR standards. The guidelines emphasize Data Protection by Design and by Default, urging organizations to avoid storing personal data on blockchains if it conflicts with data protection principles. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. US Stablecoin Plans Ignite EU Regulatory Dispute: U.S. endorsement of cryptocurrencies and promotion of dollar-based stablecoins has reportedly sparked tensions between the European Commission and the European Central Bank. The Italian economy minister recently warned that dollar-based stablecoins pose an even greater threat to the euro than the ongoing trade war. In the past, the EU said it would prioritize promoting the digital euro, the continent’s answer to dollar-based stablecoins. They fear that an avalanche of dollar-based stablecoins could end up rerouting European savings into the U.S. (BitcoinCom) (AC-An interesting turn of events as world economic power centers vie for control over fiat mechanisms built upon digital currencies. The battle will continue not with just the EU, but also China, Russia and blocs such as BRICS. The 'third rail' of Bitcoin, however, will continue to capture economic power from the fiat systems over time.)
-Institutional Concerns-
1. Bitcoin Bulls Unite: Cantor Fitzgerald’s $3 Billion Crypto Power Move: Cantor Fitzgerald is creating a $3 billion Bitcoin fund with Tether, SoftBank and Bitfinex, mirroring MicroStrategy's approach to Bitcoin accumulation. Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, will lead the new venture. (Blockonomi)
-Economic Indicators-
1. US 10-Year Yield Falls on Trump Remarks: The yield on the 10-year US Treasury note declined by about 5 basis points to 4.35% on Wednesday, as markets responded positively to comments from President Donald Trump that eased investor anxiety. Trump stated that final tariffs on Chinese imports “won’t be anywhere near as high as 145%,” signaling a potentially softer approach to the ongoing trade dispute. (TradingEconomics)
2. US Stocks Set to Extend Gains: US stock futures surged on Wednesday, with S&P 500 contracts up 2.4%, Nasdaq 100 futures rallying 2.8%, and the Dow Jones gaining over 700 points, building on Tuesday’s strong rebound. (TradingEconomics)
-Security Incidents and Concerns-
1. Crypto drainers now sold as easy-to-use malware at IT industry fairs: "Previously, entering the world of cryptocurrency scams required a fair amount of technical knowledge.” That is no longer the case. Under the DaaS model, “getting started isn’t significantly more difficult than with other types of cybercrime.” AMLBot CEO said. “Interestingly, some drainer groups have become so bold and professionalized that they even set up booths at industry conferences — CryptoGrab being one such example.“ (CoinTelegraph)
2. Quantum Computers Just Gave Cryptography a Huge Boost: Researchers from JP Morgan Chase and Quantinuum have demonstrated that quantum computers can produce certifiably random numbers, enhancing cybersecurity. Traditional computers use algorithms that mimic randomness, making them hackable. The breakthrough, published in Nature, showed that quantum randomness is unhackable and unpredictable. (Decrypt)
-Technology and Science-
1. Dragon Docks to Station Delivering Science, Supplies to Crew: The spacecraft carried about 6,700 pounds of scientific investigations and cargo to the orbiting laboratory on SpaceX’s 32nd commercial resupply services mission for NASA. (NASA)
2. EU fines Apple €500M and Meta €200M for breaking Europe’s digital rules: The European Union imposed a €500 million fine on Apple for preventing app makers from guiding users to cheaper options outside its App Store. Meta was fined €200 million for requiring users to choose between ads or paying to avoid them. (GroundNews)
-Bitcoin Community-
1. Bitcoin’s Transformative Role As A Retirement Asset: ...This is why the potential Bitcoin Strategic Reserve is such a monumental threshold. It would signal trust in Bitcoin from the very top, which would then trickle down to sanctification layers that supply the older demographic with cues. Even if the MSM is inimical to the Trump admin, the existence of BSR would change the tone of Bitcoin coverage, forever. (BitcoinMag) (AC-A well-done article on the value of trust in retirement (future) planning and how narrative development competes with technical understandings.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Up 25 pts)
Analyst Comments (AC): We are in the early stages of a global conflict via economic control. The US is currently on the track to boost US Dollar hegemony via stablecoin legislation and money printing, while the EU and others look for control via some type of CBDC. Meanwhile, the Bitcoin global ecosystem grows at distinct odds to fiat control systems. The conflict will increase and take unexpected turns along the way as the stakes are globally consequential.
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