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BTC Daily Intelligence Bulletin (DIB) Block: 873,074 DTG/ICOD: 1200Z 03Dec24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel-Hezbollah Ceasefire Under Fire / French Government Dissolves / US To Send Ukraine More / Patel As FBI Head Strikes Fear / AR Rep to Investigate Chokepoint 2.0 / Coinbase Drops Lawyers Supporting Anti-Crypto / USG Moves Almost $2B in BTC / Wharton Prof Says Bitcoin, Not BRICS Threaten USD / Japan Exchange Shuts Down After BTC Hack / Trezor Sales Up 600% / Is Today the Day for Alien Invasion? / Moore's Law Update / Cobra Says Bitcoin Soft Fork Next Year Market Data: Price: 1 BTC= $94,488, 35,70 oz Gold, .22 Median US House 24hr Hi: $97,430 / Lo: $94,455 Vol: $63B (Up 19%) Mkt Cap: $1.87T (Down 1%) HashRate: 728 EH/s Avg Fee Rate: 13 sats/vBtye (Down 10%) Nodes: 20,781 ---Reports--- -International Events- 1. Israel-Hezbollah ceasefire in Lebanon tested by intensifying cross-border strikes as both sides claim breaches: Israel unleashed its largest wave of airstrikes across Lebanon since agreeing to a ceasefire with Hezbollah last week, killing at least 11 people on Monday after the Lebanese militant group fired a volley of projectiles as a warning over what it said were Israeli truce violations. The projectiles were apparently the first time that Hezbollah took aim at Israeli forces after the 60-day ceasefire went into effect last Wednesday. (CBS) 2. French government faces collapse as left and far-right submit no-confidence motions: "The French have had enough," National Rally (RN) leader Marine Le Pen told reporters in parliament, saying Barnier, who only became prime minister in early September, had made things worse and needed to be pushed out. "We are proposing a motion of no confidence against the government," she said. Barring a last-minute surprise, Barnier's fragile coalition will be the first French government to be forced out by a no-confidence vote since 1962. Barnier's minority government had relied on RN support for its survival. The budget bill, which seeks to rein in France's spiraling public deficit through 60 billion euros ($63 billion) in tax hikes and spending cuts, snapped that tenuous link. (Reuters) (AC-Democratic governments cannot willfully stop profligate spending without being forced to. The voters will not support cuts to spending when they are reliant on them. The effects of MMT and expansionary government spending based on MMT are coming to a head globally.) -US Events- 1. US will send Ukraine $725 million more in counter-drone systems, anti-personnel land mines: President Joe Biden aims to utilize all military assistance funds for Ukraine approved by Congress before his administration ends on January 20, totaling around $7.1 billion. (GroundNews) 2. What a 'deep state' investigation could look like if Kash Patel becomes FBI director: Patel says the current and former U.S. officials who he claims orchestrated "Russia Gate" should be prosecuted, while "thousands and thousands and thousands" of government employees need to be fired for aiding the so-called "deep state" -- what conspiracy theorists claim is a cadre of career government employees working together to secretly manipulate policy, undermine elected leaders, and take down Trump. Comey, McCabe, Strzok, Page, Clinton, Brennan, Clapper, Barr, Rosenstein, Haspel, Esper, Hill and Sullivan are all among 60 current and former officials identified in Patel's book as "Members of the Executive Branch Deep State" -- people who he called "corrupt actors of the first order." (ABC) (AC-Designed as a FUD piece against Patel, this article gives a semi-accurate picture of some immediate actions Patel might accomplish.) -Regulatory and Legal- 1. Arkansas Republican French Hill Vows to 'Fully Investigate Operation Choke Point 2.0': Rep. French Hill (R) of Arkansas who currently serves as vice chairman of the House Financial Services Committee and as chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, has pledged to “fully investigate” the alleged government effort to debank the crypto industry – dubbed “Operation Choke Point 2.0.” (BitcoinCom) 2. Coinbase Severs Ties With Law Firms Hiring Ex-SEC Officials: Coinbase CEO Brian Armstrong has announced the termination of ties with law firms hiring former SEC officials involved in what he considers an unjust campaign against the crypto industry. Armstrong specifically pointed out Milbank for hiring Gurbir Grewal, the former head of the SEC's Division of Enforcement. (Decrypt) -Central Bank Digital Currencies/World Currencies- 1. US government transfers $1.9 billion in Bitcoin to Coinbase Prime: A crypto wallet linked to the US government just transferred approximately 20,000 Bitcoin, valued at $1.9 million, to Coinbase, according to data tracked by Arkham Intelligence. The wallet’s Bitcoin holdings are linked to the seizure of assets from Silk Road, a notorious dark web marketplace that facilitated illegal drug and weapon trades before its shutdown in 2013. At the time of reporting, the US authorities still hold around $18 billion worth of Bitcoin, alongside other crypto assets like ETH (approximately $217 million) and USDT (around $122 million). (CryptoBriefing) (AC-Many notable Bitcoiners are panning this action as a bad strategic move for the US if they are being set up to sell. It is possible that they are looking at using Coinbase as a custodian for a possible Bitcoin Reserve, but less likely given the Biden administration's distaste for it.) 2. Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor: Jeremy Siegel, professor emeritus of finance at the Wharton School said on CNBC, 'I find that really curious because I think the biggest threat to the dollar being used as a reserve currency is bitcoin, which we all hear Trump is a big supporter of.' (BItcoinCom) -Institutional Concerns- 1. U.S. ETFs for Bitcoin and Ethereum Show Strong Growth in November. Up Bigly: Record net inflows are seen in U.S. ETFs invested in Bitcoin and Ethereum, indicating a maturing market. Ethereum ETFs, led by BlackRock's ETHA, gained $467 million in late November, surpassing Bitcoin's modest performance. Bitcoin spot ETFs dominate with $105 billion in net assets, while Ethereum ETFs show potential growth. (Decrypt) -Economic Indicators- 1. S&P 500, Nasdaq 100 Close at Records: The S&P 500 and Nasdaq 100 closed at record highs to kick off December trading, gaining 0.2% and 1.1%, respectively, driven by large-cap tech stocks, while the Dow Jones slipped 128 points. (TradingEconomics) 2. Dollar Index Gains Almost 1%: The dollar index gained almost 1% to 106.7 on Monday, rebounding from a 1.6% fall last week which was the first weekly decline in nine weeks.(TradingEconomics) -Security Incidents and Concerns- 1. Japanese Crypto Exchange to Shut Down After $300M Hack, Transfer Accounts to SBI: Japanese crypto exchange DMM Bitcoin will transfer customer accounts and assets to SBI VC Trade by March 2025 following a massive cyberattack. (Decrypt) (AC-Not your keys, not your coin.) 2. Trezor Sees Record Sales Week as Bitcoin Approaches $100K: The hardware wallet company has reported a 600% increase in sales following the November US elections and recently recorded its highest-ever daily sales. Trezor’s new product line contributed significantly to this milestone. The hardware wallets Trezor Safe 3 and Trezor Safe 5 have gained much attention from users due to their user-friendly interface, sleek modern design, and robust security, thanks to Trezor’s open-source philosophy. (CoinGape) (AC-The same type of increase could be implied for ColdCard.) -Technology and Science- 1. Alien Invasion Rumor Sweeps Social Media: Social media platforms are buzzing with posts about an alleged alien invasion predicted by Clif High's 'Web Bots' software, originally from the late 1990s, set to occur on December 3, 2024. While no official confirmation exists, the posts range from serious speculation to jest. Additionally, recent UFO sightings over Texas and FBI investigations into drone activities in New Jersey add to the speculative atmosphere, though they remain unrelated in official reports. (X) (AC-The 'Web Bots' software is an interesting attempt to scour the internet and forecast the future based on web activity. It has notable successes and many failures.) 2. The Moore's Law Update: Humanity’s capacity to compute has compounded for as long as we can measure it, exogenous to the economy, and starting long before Intel co-founder Gordon Moore noticed a refraction of the longer-term trend in the belly of the fledgling semiconductor industry in 1965. (X Post by @FutureJurvetson) (AC-A great post on one of the most impactful theories of our lifetime, and is still relevant to our future.) -Bitcoin Community- 1. Cobra Warns of a New Bitcoin Soft Fork Next Year: Cobra, the operator and owner of the bitcoin.org domain, has alerted the community about a new development in the bitcoin world. He stated that unidentified bitcoiners outside of Bitcoin Core are preparing to introduce a user-activated soft fork (UASF) next year. In social media, Cobra stated: 'Some bitcoiners are going to attempt to soft fork in CTV through a UASF sometime in 2025. Not enough people are paying attention to this.' CTV stands for Check Template Verify, a series of improvements that introduce the concept of covenants to Bitcoin. Covenants are structures that establish spending conditions for the bitcoin stored in a determined wallet. (BitcoinCom) (AC-More research needed.) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 76/100 (Down 4 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 872,202 DTG/ICOD: 1200Z 27Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel-Hezbollah Ceasefire Begins / Drones Spotted Over US Bases in UK Again / EU Social Media Regulator to Establish Truth in Romanian Elections / Trump-Biden Sign Transition MOU / MAHA Team Coming Together / Tornado Cash Case Dropped / Trump Eyes CFTC To Oversee Crypto Instead of SEC / Rwanda Bank to Regulate Crypto / US National Debt Hits $36T / US Stocks Up, BTC Down / Crypto Gives Low-Income Greater Chance for Homeownership / NASA Finds Cold-War Base in Greenland / Trump Eyes AI Czar / New BTC Hodlers Aren't Market Data: Price: 1 BTC= $93,672, 35.34 oz Gold, .22 Median US House 24hr Hi: $94,702 / Lo: $90,770 Vol: $76B (Down 22%) Mkt Cap: $1.86T (Up 1%) HashRate: 735 EH/s Avg Fee Rate: 8 sats/vBtye (Down 33%) Nodes: 19,032 ---Reports--- -International Events- 1. As Israel-Hezbollah ceasefire begins, residents in packed cars return to south Lebanon: A ceasefire between Israel and the Lebanese militant group Hezbollah appeared to be holding, as residents in cars heaped with belongings streamed back toward southern Lebanon despite warnings from the Israeli and Lebanese military that they stay away from certain areas. The agreement calls for a two-month initial halt in fighting and would require Hezbollah to end its armed presence in a broad swath of southern Lebanon, while Israeli troops would return to their side of the border. If Hezbollah breaks the agreement and tries to rearm, we will attack,” said Prime Minister Benjamin Netanyahu. “For every violation, we will attack with might.” (AP) 2. British forces deployed after drones spotted again over three US air bases in UK: Since last Wednesday, small drones have been spotted in England near the RAF Lakenheath, RAF Mildenhall, RAF Feltwell and RAF Fairford, the US Air Force in Europe announced. (KronenZeitung) (AC-No attribution has been announced.) 3. Romania asks EU to investigate TikTok’s election handling after ultranationalist’s stunning win: Romanian officials have alarmed the European Union's powerful social media regulator about irregularities on TikTok during the first round of the national presidential election. A top EU lawmaker demanded on Tuesday that TikTok's chief executive appear before the European Parliament to answer questions, and Romanian NGOs have urged the Commission to look into whether TikTok and other platforms complied with Europe's social media laws. (Politico) (AC-Straight out of Orwell's 'Ministry of Truth" paradigm, there can only be one source of truth, especially when it comes to elections.) -US Events- 1. Trump Team Officially Signs Transition Agreement with Biden White House to Formalize Transition — Will Be Privately Funded and Will Not Use Government Technology or Buildings: This bold decision reflects Trump’s commitment to saving taxpayers’ money while avoiding the pitfalls of entrenched bureaucracy and potential interference from the “Deep State.” The MOU signed with the Biden administration allows Trump’s team to access non-public government information, receive briefings, and deploy transition personnel to federal agencies. (GatewayPundit) 2. Trump names COVID lockdown critic Dr. Jay Bhattacharya as pick for NIH director: "Together, Jay and RFK Jr. will restore the NIH to a Gold Standard of Medical Research as they examine the underlying causes of, and solutions to, America’s biggest Health challenges, including our Crisis of Chronic Illness and Disease," Trump said in the statement. "Together, they will work hard to Make America Healthy Again?", Trump said. (ABC) -Regulatory and Legal- 1. Tornado Cash Case: Appeals Court Says Treasury OFAC 'Overstepped' Authority In Sanctions Move: Tornado Cash just had a major legal victory after an Appeals Court called on the United States to drop sanctions against the crypto anonymizing tool, also adding that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) committed an overreach of authority in the case. (Various) 2. Trump Reportedly Eyes CFTC To Wield Lead Regulatory Hand In Crypto: The Trump administration is looking to give authority to the CFTC to regulate the spot market for Bitcoin and other altcoins, a new report revealed. If given the authority to oversee digital assets and cryptocurrencies, the CFTC may regulate tokens deemed commodities, as well as crypto exchanges, the report noted. There are also reports stating Trump is considering a new role that will focus entirely on crypto policy, which could then turn the tides in favor of the burgeoning industry. (IBTimes) 3. Rwanda Preparing to Regulate Cryptocurrencies: 'Cannot Get Rid of Them,' Says Governor: Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National Bank of Rwanda (NBR). This disclosure came in response to a lawmaker’s inquiry about the central bank’s stance on Bitcoin. While Rwangomba’s response did not explicitly endorse cryptocurrency, it marked a shift from the NBR’s previous public pronouncements. (BitcoinCom) -Central Bank Digital Currencies/World Currencies- 1. US National Debt Reaches $36 Trillion: Biden’s administration has seen debt numbers rise from $28 trillion to more than $36 trillion, growing by over $8 trillion in just three years. Analysts have stated that these constant debt increases are very significant to the future of bitcoin, claiming that if the U.S. finally adopts a strategic bitcoin reserve, it can reset the world’s economy. Samson Mow, CEO of JAN3, has also linked the debt rise to a possible bitcoin rebase of the national currency. “Either there’s going to be a debt jubilee or the U.S. dollar has to rebase to bitcoin. (BitcoinCom) (AC-For perspective, the interest payments on this debt now outpace all US defense expenditures.) -Institutional Concerns- NSTR -Economic Indicators- 1. S&P 500, Dow Close at Fresh Records: The S&P 500 gained 0.6% and reached a new record high on Tuesday, along with the Dow, which rose 118 points. The Nasdaq also saw a 0.6% increase as markets continued to weigh the potential effects of trade barriers following tariff threats from President-elect Donald Trump. (TradingEconomics) 2. Fed To Adopt Gradual Rate Cuts: Federal Reserve officials conveyed optimism that inflation is subsiding and the labor market remains robust, supporting the possibility of further interest rate cuts, though at a measured pace, minutes from November 6-7 meeting showed. (TradingEconomics) 3. Crypto windfalls boost homeownership dreams for low-income Americans: Low-income households in the United States are turning crypto profits into opportunities for homeownership, as revealed by a Nov. 26 report from the Office of Financial Research (OFR), a US Treasury Department research arm. “For low-income households, average mortgage debt balances and mortgage-holding rates sharply increased in zip codes with high crypto exposure. This indicates that low-income households may be using crypto gains to take out new mortgages and to take out larger mortgages.” (CryptoSlate) -Security Incidents and Concerns- NSTR -Technology and Science- 1. NASA aircraft uncovers site of secret Cold War nuclear missile tunnels under Greenland ice sheet: NASA scientists conducting surveys of arctic ice sheets in Greenland got an unprecedented view of an abandoned "city under the ice" built by the U.S. military during the Cold War. As it turns out, this abandoned "secret city" was the site of a secret Cold War project known as Project Iceworm which called for the construction of 2,500 miles (4,023 km) of tunnels that could be used to launch nuclear intermediate range ballistic missiles (IRBMs) at the Soviet Union. (SpaceCom) 2. Donald Trump Eyes AI Czar In White House: A report on Tuesday revealed that Trump is making this decision to coordinate federal policy and the governmental use of this emerging technology. Simultaneously, the report indicated that Elon Musk will not be in the mentioned AI role but is expected to be involved in shaping the future and use cases of the model. (CoinGape) -Bitcoin Community- 1. Bitcoin $2B daily profit-taking involves mostly new hodlers: Examining cumulative realized profit delineated by age group, researchers confirmed that profit-taking has broadly been confined to entities hodling coins between six and 12 months. “Coins aged between 6 months and 1 year dominate the prevailing sell-side pressure, accounting for 35.3% of the total,” GlassNode reported. (AC-They are not hodlers if they aren't hodling.) (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 75/100 (Down 4 pts) Analyst Comments (AC): "Gratitude is the single most important ingredient to living a successful and fulfilled life." -Jack Canfield Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 871,910 DTG/ICOD: 1200Z 25Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: UAE Arrests Three in Rabbi's Death / Possible Lebanon-Israel Peace Deal / US-Japan Plan for Taiwan 'Emergency' / Trump Completes Key Cabinet Picks / AZ County Treasurer Guilty on $38M Theft / Huge Gold Deposit Found in China / MicroStrategy on Track to Own 4% of all Bitcoin / Bitcoin-Backed Loans Coming / Neighbor's WiFi Could be Used To Hack You / El Salvador May Rent out Volcanos For Mining Market Data: Price: 1 BTC= $97,550, 36.48 oz Gold, .23 Median US House 24hr Hi: $98,935 / Lo: $95,788 Vol: $55B (Up 17%) Mkt Cap: $1.93T (Even) HashRate: 756 EH/s Avg Fee Rate: 6 sats/vBtye (Down 40%) Nodes: 19,033 ---Reports--- -International Events- 1. The UAE arrests 3 Uzbek nationals for the killing of an Israeli-Moldovan rabbi: Zvi Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a kosher grocery store in the futuristic city of Dubai, where Israelis have flocked for commerce and tourism since the two countries forged diplomatic ties in the 2020 Abraham Accords. In a statement Sunday, U.S. National Security Council spokesperson Sean Savett called Kogan’s killing “a horrific crime against all those who stand for peace, tolerance, and coexistence.” (AP) 2. Israeli prime minister approves Lebanon ceasefire deal ‘in principle,’ source says: Israel still has reservations over some details of the agreement, which are still being negotiated and multiple sources stressed that the agreement will not be final until all issues are resolved. A ceasefire agreement will also need to be approved by the Israeli cabinet. (CNN) 3. Japan, US to form missile plan in case of Taiwan emergency, Kyodo says: The United States is creating military contingency plans for Japan and the Philippines in case of a Taiwan emergency, according to Kyodo news agency. Missile units will be deployed at temporary bases in Japan and the Philippines as part of a June joint operation plan with Japan to address Taiwan and China. Japan and the United States are enhancing defense cooperation amid threats from China's military buildup and North Korea's nuclear development. (GroundNews) -US Events- 1. After a Friday night flurry, Trump’s Cabinet is complete: Just two and a half weeks since Election Day, Trump has announced names for 20 key administration roles, including leaders for all 15 executive agencies. Overall, Trump will have to make about 4,000 political appointments, approximately 1,200 of which will require Senate confirmation. The velocity and volume of this process stand in contrast to Trump’s last transition, when he leaned on his more experienced team to make a steady stream of establishment selections. This time around, his appointments escalated into a fire hose as Trump, armed with hindsight and empowered by the GOP, has named anti-establishment loyalists to top positions.(Politico) 2. Arizona county treasurer pleads guilty to embezzling more than $38 million for personal expenses: A former county treasurer pleaded guilty on Thursday to charges of embezzlement by a public official, money laundering and tax evasion after stealing more than $38 million in county funds between 2012 and 2024 to renovate her ranches, buy at least 20 cars and pay for personal expenses for herself and her family. (CNN) -Regulatory and Legal- NSTR -Central Bank Digital Currencies/World Currencies- 1. China Discovers 1,000-Tonne Gold Deposit in Hunan Province: Chinese geological authorities have discovered a massive gold deposit containing over 1,000 tonnes of gold worth $83 billion in Hunan Province's Wangu field, with high-grade ore and potential for additional finds in surrounding areas. (Blockonomi) (AC-Gold supply is NOT fixed.) -Institutional Concerns- 1. MicroStrategy on track to own 4% of all bitcoin over next decade: Analysts at research and brokerage firm Bernstein said they expect business intelligence firm MicroStrategy’s bitcoin ownership to rise from 1.7% of the circulating supply to 4% over the next decade, updating their price target for MSTR to $600 by the end of 2025. In their “base case” scenario of MicroStrategy acquiring 4% of bitcoin’s circulating supply by the end of 2033, the firm would hold approximately 830,000, or $830 billion worth of the cryptocurrency at a price of $1 million per bitcoin, the analysts said. (TheBlock) 2. Cantor Fitzgerald and Tether Are Discussing a Bitcoin-backed Lending Program: Cantor Fitzgerald is in talks for a Bitcoin-backed lending program with Tether, allowing clients to use Bitcoin as collateral to borrow dollars. The program, starting at $2 billion, may expand as crypto adoption grows, deepening the Wall Street-crypto relationship. (Decrypt) -Economic Indicators- 1. Dollar Falls as Trump Nominates Bessent for Treasury: The dollar index fell 0.6%, the most in 2 weeks to below 107 on Monday, retreating from two-year highs after US President-elect Donald Trump nominated hedge fund manager Scott Bessent for Treasury Secretary, providing a sense of stability to investors. While Bessent has indicated support for Trump’s tariff and tax cut plans, markets anticipate that he will prioritize economic and market stability over swift policy changes. (TradingEconomics) -Security Incidents and Concerns- 1. Elite Russian Hackers Use Neighbor's Wi-Fi for Spy Game Masterpiece: Hackers were able to attack and discovered that there's a technique to infiltrate the Wi-Fi without being caught. Accounts were protected on web services using 2FA but were not using 2FA on the Wi-Fi network, revealing an important security vulnerability. "This is a fascinating attack where a foreign adversary essentially conducted a close access operation while being physically quite far away," (TechTimes) -Technology and Science- 1. Senators call for audit of TSA’s facial recognition tech as use expands in airports: A bipartisan group of 12 senators on Wednesday sent the Department of Homeland Security’s (DHS) inspector general a letter expressing alarm over the widespread use of facial recognition technology at American airports without an audit of privacy protections or any third-party assessment of the technology’s accuracy. The senators questioned whether facial recognition technology is necessary at all, since TSA already uses devices known as CAT-1 scanners — which don’t take images of faces — to determine if passengers’ identification is fake. (RecordedFuture) -Bitcoin Community- 1. El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry: The idea, shared in a Nov. 25 social media post on X (formerly Twitter), suggests that miners could tap into the geothermal energy produced by these natural wonders for sustainable Bitcoin mining. “With 170 volcanoes…a ‘rent your volcano to mine Bitcoin’ program might actually make sense.” Bukle posted on X. (CryptoState) 2. Metaplanet Finalizes Exclusive License for Bitcoin Magazine Japan, Aiming to Drive Bitcoin Adoption Across Japan. (Metaplanet X Post) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 82/100 (Down 12 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 871,493 DTG/ICOD: 1200Z 22Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Iran Activating Nuke Centrifuges / US Drops New Sanctions on Russian Banks / Trudeau Looks to Buy Votes / Gaetz Bows Out, Pam Bondi Nominated for AG / FUD Over DOGE Increasing / Gensler To Step Down / Sen Lummis Has Plan to Start Bitcoin Reserve / MicroStrategy Completes $3B Note Sale for More Bitcoin / Schwab to Enter Crypto Market / Apple Devices Risk Crypto Keys / ISS Moves to Avoid Collision / Market Data: Price: 1 BTC= $98,556, 36.49 oz Gold, .23 Median US House 24hr Hi: $99,502 / Lo: $95,656 Vol: $89B (Down 9%) Mkt Cap: $1.95T (Up 1%) HashRate: 786 EH/s Avg Fee Rate: 11 sats/vBtye (Down 50%) Nodes: 19,690 ---Reports--- -International Events- 1. Iran says it is activating new centrifuges after being condemned by UN nuclear watchdog: Iran will activate “a noticeable number of new and advanced centrifuges of different types,” state news agency IRNA reported, citing a joint statement from Iran’s foreign ministry and its Atomic Energy Organization. Injecting gas into centrifuges is part of the process to enrich uranium, which could ultimately be used to develop a nuclear weapon, though Iran has repeatedly denied it has any ambitions of building a bomb. (CNN) 2. US Treasury targets Russia's Gazprombank with new sanctions: The move, which wields the department's most powerful sanctions tool, means Gazprombank cannot handle any new energy-related transactions that touch the U.S. financial system, bans its trade with Americans and freezes its U.S. assets. (Reuters) 3. Trudeau to cut sales tax and send checks to millions of Canadians as election looms: Canadian Prime Minister Justin Trudeau ‘s government announced plans Thursday to temporarily lift the federal sales tax off a number of items and send checks to millions of Canadians who are dealing with rising costs and as a federal election looms. (AP) (AC-Stockholm syndrome anyone?) -US Events- 1. Trump Nominates Pam Bondi For Attorney General After Gaetz Withdraws From Consideration: Donald Trump said he is nominating former Florida Attorney General Pam Bondi and his personal trial lawyer, to run the US Department of Justice, after his first pick, former Representative Matt Gaetz, withdrew his name from consideration. Bondi, age 59, is an American attorney, lobbyist, and politician. A Republican, she served as the 37th Florida attorney general from 2011 to 2019. She is the first woman elected to the office. In 2020, Bondi was one of longtime ally President Donald Trump's defense lawyers during his first impeachment trial. (ZeroHedge) 2. Musk and Ramaswamy lay out a horrifying plan for American austerity: Elon Musk and Vivek Ramaswamy's Wall Street Journal op-ed about slashing government programs borrows from an Argentinian plan that caused a massive spike in poverty. When you peel back the layers of whimsical, gauzy tech-bro speak, their ideas can be boiled down to one principle: massive cuts to federal programs that, when deployed elsewhere, have caused calamity. Argentina’s president, Javier Milei, instituted severe austerity measures that caused his country’s poverty rate to skyrocket above 50% in the ensuing months. Musk has proposed similar cuts to the ones Milei instituted. (MSNBC) (AC-This specific article is included to portray the fear being peddled on the incoming administration, complete with outright fabrications and hyperbole. The effects of articles like this have outsized results on unstable readers, which lead to often dangerous reactions. This is the crux of Fifth Generation warfare.) 3. Pennsylvania Senator Bob Casey Concedes Election to Republican Dave McCormick: Sen. Bob Casey (D-PA) has conceded the race to Republican Dave McCormick after two weeks of contesting the election results. (Breitbart) -Regulatory and Legal- 1. SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump's Axe: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down on Jan. 20, 2025, paving the way for President-elect Donald Trump’s nominee. Gensler’s departure ends a tenure marked by the SEC’s hardline stance against cryptocurrency firms. Gensler’s five-year term as chairman was set to expire in 2026. (BitcoinCom) 2. Federal Judge Strikes Down SEC Crypto Rule Minutes After Gary Gensler Resigns: A federal judge in Texas ruled the SEC's expansion of securities law to include DeFi as unlawful. The Blockchain Association's lawsuit against the SEC was granted summary judgment, leading to the requirement for the SEC to vacate the modifications made to the dealer rule. (Decrypt) -Central Bank Digital Currencies/World Currencies- 1. US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves: U.S. Senator Cynthia Lummis (R-WY) emphasized Thursday that the U.S. could establish the reserve without spending new funds by leveraging existing assets. Reserves at the 12 federal reserve banks, including gold certificates valued at 1970s levels, could be adjusted to current market value and converted into bitcoin, she suggested. Additionally, Lummis noted that the government already holds over 200,000 BTC through asset forfeiture, providing an initial source for the reserve without requiring new expenditures. (BitcoinCom) 2. Weak Euro fuels Bitcoin’s standout performance in Eurozone: Bitcoin's market performance is painting an intriguing picture across different currencies. BTCEUR emerges as the top performer, surging by 130.39% this year—outshining BTCGBP and BTCUSD. This remarkable outperformance is tethered to a significant trend: the euro's depreciation against a backdrop of low Eurozone growth. (CryptoSlate) -Institutional Concerns- 1. MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%: The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin. (CoinTelegraph) 2. Charles Schwab Intends to Enter Spot Crypto Market Pending Regulatory Clarity: Charles Schwab plans to expand into the spot crypto market once U.S. regulations become clearer, according to incoming CEO Rick Wurster. The firm, already involved in crypto through ETFs and futures, aims to enhance its offerings amid growing interest in digital assets. (Decrypt) -Economic Indicators- 1. Dow Leads Stocks Higher on Thursday: The S&P 500 rose 0.5% on Thursday, the Dow Jones surged by 461 points, while the Nasdaq closed mostly flat, as investors shifted toward cyclical stocks expected to benefit from a strengthening economy, stepping away from technology shares. (TradingEcnomics) -Security Incidents and Concerns- 1. Apple Admits to Security Vulnerability That Leaves Crypto Users Exposed: “Attackers could access sensitive data like private keys or passwords” stored in their browser, enabling crypto theft if the user’s device remained unpatched. According to a recent Apple security disclosure, users must use the latest versions of its JavaScriptCore and WebKit software to patch the vulnerability. (Decrypt) -Technology and Science- 1. International Space Station fires thrusters to dodge hunk of space debris: A Russian Progress cargo ship that's docked to the ISS fired its thrusters for 5.5 minutes on Tuesday afternoon beginning at 3:09 p.m. EST (2009 GMT). The goal was to make sure the orbiting complex dodged a potentially dangerous piece of space junk. (SpaceCom) -Bitcoin Community- 1. MicroStrategy’s Magical Bitcoin Buying Machine Uses Some Wacky Math: The BTC yield at MicroStrategy, which calls itself a “bitcoin treasury company,” isn’t a yield as commonly understood by investors. As the company explains in its filings, it is the percentage change, from one date to another, in how many bitcoins per share MicroStrategy owns. Judging by what the stock market says, a bitcoin owned by MicroStrategy is worth almost four times as much as a bitcoin owned by an ordinary mortal. And forget about getting a yield—it doesn’t pay one. (WSJ) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 94/100 (Up 12 pts) Analyst Comments (AC): Slow news day... Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 871,189 DTG/ICOD: 1200Z 20Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Chinese Ship Detained in Sea Cable Sabotage / Putin Readies Nukes / Charities Pull Out of Haiti / Boys-Girls-Bathroom Debate on the Hill / US Military Suicides Up / Russia to Tax Mining, Trading Crypto at 15% / US House Grills Chokepoint 2.0 Mastermind / Brazil Continues CBDC Push / Saylor to Speak to Microsoft on Bitcoin / Day One of BTC ETF Options Draw $2B / Senate Explores UFOs / Rumble CEO Considers BTC Treasury, Saylor DMs / Bitcoin Rally Draws Gullible to Altcoins Market Data: Price: 1 BTC= $94,288, 35.75 oz Gold, .22 Median US House 24hr Hi: $94,254 / Lo: $91,059 Vol: $76B (Up 5%) Mkt Cap: $1.86T (Up 2%) HashRate: 765 EH/s Avg Fee Rate: 19 sats/vBtye (Up 110%) Nodes: 19,528 ---Reports--- -International Events- 1. Chinese Ship Suspected of Undersea Cable Sabotage Detained in 'NATO Lake': International concern surrounds the cutting of the 730-mile C-Lion 1 cable connecting Finland and Germany and the 130-mile link between Sweden and Lithuania on Monday. The Financial Times reported that investigators of the severed cables are looking into the movements of the Chinese bulk carrier Yi Peng 3, which was enroute to Egypt's Port Said from the Russian port of Ust-Luga. Social media reports said that the vessel had a Russian captain, although this has not been independently confirmed. (Newsweek) (AC-Nation-States and international organizations are angry with the escalation of sabotage here. The consequences of these actions may come quickly, but the populace may not see them or even be clear on who conducted the sabotage.) 2. Putin lowers the threshold for using his nuclear arsenal after Biden’s arms decision for Ukraine: President Vladimir Putin on Tuesday formally lowered the threshold for Russia’s use of its nuclear weapons, a move that follows U.S. President Joe Biden’s decision to let Ukraine strike targets inside Russian territory with American-supplied longer-range missiles. The new doctrine allows for a potential nuclear response by Moscow even to a conventional attack on Russia by any nation that is supported by a nuclear power. (AP) 3. Charity workers pulled out of Haiti’s capital after police threaten to rape and kill them: The medical charity Doctors Without Borders (MSF) will stop operations in Haiti’s capital after its staff were threatened by members of the police. Amid escalating violence in the country, including a deadly attack on one of MSF’s ambulances last week, the charity said it will suspend health services in Port-au-Prince “until further notice”. (TelegraphUK) -US Events- 1. Trumps Latest Cabinet Picks: Business executive and former WWE CEO Linda McMahon to lead the Education Department. Howard Lutnick, the Cantor Fitzgerald CEO who’s been tapped to run the US Commerce Department, has in recent years become a prominent cheerleader for Tether, the company behind one of the world’s biggest crypto assets. and celebrity surgeon Mehmet Oz as administrator of Medicare and Medicaid. (Various) (AC-Counter-crypto and pro-Bitcoin discernment will become very important in the next administration.) 2. Mace eyes legislation banning trans women from restrooms in federal buildings: Rep. Nancy Mace (R-S.C.) plans to file legislation that would prohibit trans women from using women’s restrooms and changing rooms in all federal buildings, going further than a resolution Monday to bar transgender women from Capitol facilities. Mace’s original resolution, which she filed late Monday, comes just a week after Rep.-elect Sarah McBride (D-Del.) made history as the first openly transgender person elected to Congress. (TheHill) (AC-The culture war comes to DC, with the expected conflicts.) 3. US Military Suicides Continued To Increase In 2023: Pentagon Report: A total of 523 service members—including active, reserve, and National Guard—died by suicide in 2023, up from 493 in 2022, according to the Pentagon’s report, while the total force rate of suicide deaths per 100,000 service members was 9 percent higher than in 2022, at 25.6 per 100,000. (ZeroHedge) (AC-These are active duty numbers, not even separated/retired veterans. We must do better, starting with leadership.) -Regulatory and Legal- 1. Crypto Mining and Trading In Russia Will Attract 15% Tax: According to Interfax, the Russian Government has approved draft amendments to the bill on taxation of income and expenditures from mining and trading digital assets. Digital asset transactions will be exempt from value-added tax (VAT). Instead, income from crypto transactions will be treated similarly to income from securities transactions. As a result, the maximum individual tax liability from digital asset transactions will not exceed 15%. (Bitcoinist) 2. Operation Choke Point 2.0 Mastermind Martin Gruenberg Faces Heat In House Hearing: Martin Gruenberg, the Federal Deposit Insurance Corporation (FDIC) Chairman, faces scrutiny in a high-profile House Financial Services Committee hearing. Lawmakers are calling for his immediate removal as the market participants cite his controversial role in “Operation Choke Point 2.0.” Notably, the allegations involved regulatory overreach and a toxic workplace environment under his leadership, raising questions about the FDIC’s integrity. (CoinGape) -Central Bank Digital Currencies/World Currencies- 1. Brazilian CBDC Pilot Leverages Chainlink Technology to Automate International Trade Settlements: Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments. (Blockonomi) -Institutional Concerns- 1. Michael Saylor to pitch Microsoft board on Bitcoin buying strategy: Bitcoin bull and MicroStrategy Chairman Michael Saylor said he agreed to make a three-minute presentation to Microsoft’s board of directors about investing in Bitcoin. “I think it’s not a bad idea to put it on the agenda of every company. It ought to be put on the agenda of Berkshire Hathaway and Apple and Google and Meta because they all have huge hordes of cash, and they’re all burning shareholder value,” Saylor said. (CoinTelegraph) 2. Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure: On their first trading day, IBIT options amassed nearly $2 billion in notional exposure, an unusual volume for new options. More call options were traded compared to puts (4.4:1 ratio), likely contributing to BTC’s new record highs. (CoinDesk) -Economic Indicators- 1. US Housing Starts at 3-Month Low: Housing starts in the United States fell by 3.1% to 1.311 million in October 2024, compared to a downwardly revised 1.353 million in September and below forecasts of 1.33 million as construction activity fell sharply in the South due to hurricanes. (TradingEconomics) -Security Incidents and Concerns- NSTR -Technology and Science- 1. Senate Hearing Delves Into UFO Sightings: The U.S. Senate held a hearing on UFO sightings, discussing explanations for some incidents while acknowledging unexplained encounters. A new office, AARO, investigates unidentified phenomena for the Department of Defense, with Director Kosloski highlighting cases like the "Go Fast" UFO sighting. (Decrypt) -Bitcoin Community- 1. Chris Pavlovski Stirs the Crypto Pot—Should the Video Platform Rumble Hold Bitcoin?: On Tuesday, shortly before bitcoin reached a lifetime high of $94,057 per coin, Rumble CEO Chris Pavlovski posed a question to his 289,300 followers, asking whether Rumble should adopt bitcoin as a strategy and add it to its balance sheet. The post on X caught the attention of Microstrategy founder Michael Saylor, who replied enthusiastically “Yes. I would be happy to discuss why [and] how with you.” Pavlovski launched a poll on the topic, and with 19,092 votes cast so far, a whopping 93.7% have said “yes” to Rumble adding BTC to its balance sheet. Natalie Brunell, host of Coin Stories said, “If you decide to, come discuss it on my show and we will stream it live on Rumble.” (BitcoinCom) 2. Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea: Trading volume in XRP and dogecoin (DOGE) is much higher than that of bitcoin (BTC) on South Korean crypto exchanges this week, a frenzy that may have helped raise prices of the two tokens in the crazed market. (CoinDesk) (AC-Although reporting on altcoins is rare in the DIB, it is important to know that as the bitcoin rally continues, altcoins will attract the uninformed and gullible. Continue to spread the message that "There is no second best", and "Don't shitcoin.") -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 83/100 (Down 7 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 871,039 DTG/ICOD: 1200Z 19Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Ukraine Uses US Missiles on Russia / Hong Kong Jails Pro-Democracy Campaigners / Farmers Protest in UK Tax Increase / Pennsylvania Supreme Court Tells Dems to Stop Counting / Army Vet Sentenced in J6 Protest / DAOs Ruled as Partnerships, All Are Liable / Porter Looks to Open-Source Bitcoin Reserve Plan / Bitcoin Value Topples Saudi Aramco After Silver / MicroStrategy Sells $1.75B Notes For More BTC / BTC Exchange Levels Dropping / Lowery Applies For White House BTC Advisor / Marathon Digital Increases Note Offering For More BTC / Game Theory Gains Steam Market Data: Price: 1 BTC= $91,597, 34.85 oz Gold, .21 Median US House 24hr Hi: $92,775 / Lo: $89,393 Vol: $72B (Up 35%) Mkt Cap: $1.81T (Up 2%) HashRate: 752 EH/s Avg Fee Rate: 6 sats/vBtye (Even) Nodes: 19,528 ---Reports--- -International Events- 1. Ukraine strikes arsenal amid reports U.S. ATACMS used in Russia for first time: Kyiv said on Tuesday it struck a Russian arsenal near the town of Karachev in the Bryansk region, over 110 km (70 miles) from Ukraine, in what two Ukrainian media outlets reported was a first strike with U.S.-supplied ATACMS missiles. A report from Russia's state news agency TASS said Russian air defence forces had shot down 85 drones and five ballistic missiles launched by Ukraine in the past 24 hours. (Reuters) (AC-A major escalation in the war.) 2. Hong Kong jails 45 pro-democracy campaigners for subversion: Benny Tai, 60, and Joshua Wong, 28, were among the so-called Hong Kong 47 group of activists and lawmakers who were involved in a plan to pick opposition candidates for local elections. This was the biggest trial under the national security law (NSL) which China imposed on the city shortly after explosive pro-democracy protests in 2019. Observers say the NSL and the trial's outcome have significantly weakened the city’s pro-democracy movement and rule of law, allowing China to cement its control of the former British colony. (BBC) 2. UK Farmers’ protest: Why are farm owners demonstrating over inheritance tax?: As many as 40,000 people are estimated to attend the event, forcing police and organizers to move the location from Trafalgar Square last-minute. They will be gathering to protest Labour’s announced changes to inheritance tax (IHT) which will change how agricultural assets are taxed. From April 2026, landowners who inherit agricultural assets worth more than £1 million will have to pay 20 per cent IHT on them. These assets were previously entirely exempt from the tax under the agricultural property relief law. (IndependentUK) -US Events- 1. Pennsylvania Supreme Court Orders Election Boards to Stop Counting Illegal Ballots: The Pennsylvania Supreme Court is ordering Boards of Elections throughout the state to follow its previous rulings and not count “mail-in and absentee ballots that fail to comply” with the state election code. As of Monday afternoon, McCormick had a 17,439 advantage over Casey, with more than 95 percent of the vote counted, according to the New York Times election results. Since they are separated by less than half a percentage point, the race will go to a recount. (Breitbart) 2. Veteran who killed Iraqi civilian sentenced to prison for Capitol riot: A former U.S. Army soldier who was court-martialed for fatally shooting a handcuffed civilian in Iraq two decades ago was sentenced on Monday to more than four years in prison for his role in the attack on the U.S. Capitol on Jan. 6, 2021. Edward Richmond Jr. attacked police officers with a metal baton during the Jan. 6, 2021, riot at the Capitol. Richmond, 41, of Geismar, Louisiana, said he immediately regretted his actions that day. (ArmyTimes) -Regulatory and Legal- 1. California judge rules DAO members liable under partnership laws: On Nov. 18, Judge Vince Chhabria of the United States District Court for the Northern District of California determined that governing bodies behind Lido DAO qualify as partners under California’s general partnership laws. As a result, members may not avoid liability for the organization’s actions. Miles Jennings said that under the ruling, even posting in forums could be enough to hold DAO members liable for other members’ actions under the general partnership laws. (CoinTelegraph) -Central Bank Digital Currencies/World Currencies- 1. Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation: Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently announced the open-sourcing of a document for enacting Strategic Bitcoin Reserve laws internationally. He stated that several lawmakers are using the legislative model and that a related executive order to implement it could be on its way. (BitcoinCom) -Institutional Concerns- 1. Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap: Data from CompaniesMarketCap shows that as of early Tuesday, Bitcoin's total market cap has reached $1.817 trillion, while Saudi Aramco's stands at $1.798 trillion, followed by silver, which has a total market value of $1.765 trillion. (IBTimes) 2. MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin: MicroStrategy, the largest corporate holder of Bitcoin, is set to raise $1.75 billion from senior convertible notes at a 0% interest rate to buy more BTC. These convertibles are sold at a discount and will instead mature to face value if they are not converted prior to the maturity date — which is 2029 in MicroStrategy’s case. They’re also “senior” to common stock in the sense that holders have priority in the event of bankruptcy or liquidation. MicroStrategy could buy another 19,065 Bitcoin at current prices if it were to spend the entire $1.75 billion on Bitcoin. (CoinTelegraph) 3. Bitcoin on Exchanges Hits Lowest Level Since November 2018: According to data from Cryptoquant, the amount of bitcoin held on exchanges has dropped to approximately 2.58 million coins. This represents a substantial decrease from the peak levels observed in 2021 during the previous bull run. (BItcoinCom) -Economic Indicators- 1. US 10-Year Treasury Yield Retreats on Flight To Safety: The yield on the US 10-year Treasury note declined to 4.37% on Tuesday, retreating from the nearly five-month high of 4.45% reached last week, as investors sought safer assets amid growing concerns over an escalation in the Ukraine-Russia conflict. (TradingEconomics) 2. US October Budget Deficit Swells 287% To $257 Billion: According to a report by the Treasury Department released on Wednesday, the figure was a sharp increase of 287% from October 2023's $67 billion deficit. Federal receipts for October 2024 slid 19% year-over-year to $327 billion. Outlays increased by 24% to $584 billion. (IBTimes) -Security Incidents and Concerns- 1. Chinese Hackers Exploit T-Mobile and Other U.S. Telecoms in Broader Espionage Campaign: The adversaries, tracked as Salt Typhoon, breached the company as part of a "monthslong campaign" designed to harvest cellphone communications of "high-value intelligence targets." "T-Mobile is closely monitoring this industry-wide attack, and at this time, T-Mobile systems and data have not been impacted in any significant way, and we have no evidence of impacts to customer information," a spokesman said. With the latest development, T-Mobile has joined a list of major organizations like AT&T, Verizon, and Lumen Technologies that have been singled out as part of what appears to be a full-blown cyber espionage campaign. (HackerNews) 2. Brazilian YouTube Star Loses Access to $366,000 Bitcoin Stash: Lord Vinheteiro, a popular Brazilian pianist on YouTube, has been hospitalized due to losing access to a Bitcoin stash worth over $366,000. He tweeted about losing his BTC wallet password and searched for the backup in his home library, facing challenges in recovery. (Decrypt) -Technology and Science- 1. China Long March 9 Rocket Looks Awfully Like SpaceX's Starship, Fully Reusable Too: A recent airshow in Zhuhai, China officially unveiled its first 'super heavy lift rocket' called the Long March 9, and this has been revealed after almost a decade since it was introduced, now looking eerily similar to SpaceX's Starship. Initially, the rocket was a three-stage machine that featured motors on its side, but its latest development turned it into a two-stage spacecraft like the American-made one. Moreover, the Chinese rocket has also made a significant shift to turning it into a more modern launch vehicle as one of the rockets is fully reusable, almost turning it into the renowned Starship. (TechTimes) -Bitcoin Community- 1. Softwar author Jason Lowery applies for White House role advising on Bitcoin national security: Jason Lowery, a major in the U.S. Space Force, has submitted an application to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP). “My goal is to advise the Department of Defense on the national strategic significance of Proof-of-Work (PoW) technology and provide senior leaders with policy recommendations related to a strategic Bitcoin stockpile and the U.S. Hash Force.”, Lowery posted on X. (CryptoSlate) 2. Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion: The firm initially aimed to raise $700 million but increased the offering to $980 million in response to investor demand. (CryptoSlate) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 90/100 (Up 7 pts) Analyst Comments (AC): Bitcoiners have used the term 'game theory' to describe the competition for scarce bitcoin by nation-states and large institutions in acquiring the asset. The concept comes from early economic theory, formalized in math and political theory, where 'players' learn to optimize outcomes based on other players' decisions and where the 'first-mover advantage' often cements a win. Although intuitive in nature, game theory has rational fundamentals and in the case of bitcoin, the 'players' gain first-mover advantage once they begin to understand the values of bitcoin and move to acquire it. With Marathon Digital, MicroStrategy, the USA, El Salvador, Bhutan, and many more now using whatever assets they have available to buy as much as possible, the game theory of bitcoin phase is now starting to gain traction. Although holders of bitcoin will enjoy the resulting increases in price, analysis should continue on the purposes of various actors in acquiring bitcoin reserves, hashing power, and the methods used in acquiring it. If bitcoin indeed becomes the most valuable asset available in the near future, what are the limits of the 'game' and to what end? Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 870,865 DTG/ICOD: 1200Z 18Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US Long Range Missiles May Now Target Russia Via Ukraine / US, Philippines Sign Intel Agreement / Israel Kills Hezbollah PR Chief / Trump Picks Brendan Carr for FCC / RFK Jr. 'All In' on Bitcoin / Polish Presidential Contender Wants Bitcoin Reserve / Spot BTC ETF Cleared for Options Trading Soon / Scammers Target Black Friday Shoppers / MARA Offers Convertible Notes / New Website Looks at BTC as Unit of Account Market Data: Price: 1 BTC= $89,835, 34.58 oz Gold, .21 Median US House 24hr Hi: $92,194 / Lo: $88,741 Vol: $53B (Up 20%) Mkt Cap: $1.78T (Down 1%) HashRate: 736 EH/s Avg Fee Rate: 6 sats/vBtye (Down 15%) Nodes: 19,588 ---Reports--- -International Events- 1. Biden authorizes Ukraine to use US-supplied longer range missiles for deeper strikes inside Russia: The decision allowing Kyiv to use the Army Tactical Missile System, or ATACMs, for attacks farther inside Russia comes as President Vladimir Putin positions North Korean troops along Ukraine’s northern border to try to reclaim hundreds of miles of territory seized by Ukrainian forces. (AP) (AC-Various interpretations view this development as a widening of the war, possibly opening up the option of Russia striking targets outside of Ukraine, such as NATO bases.) 2. Philippines, US sign military intelligence-sharing deal: US Defense Secretary Lloyd Austin signed the agreement with his Philippine counterpart, Gilberto Teodoro, at Manila's military headquarters, where they also broke ground for a coordination centre that will facilitate collaboration between their armed forces. China's foreign ministry said on Monday any kind of military agreement or security cooperation "must not be directed against or harm the interests of a third party, and they must not undermine regional peace or exacerbate tensions in the region". (ChannelNewsAsia) 3. IDF Kills Hezbollah PR Chief Mohammed Afif in Beirut: An Israeli strike on a building in a densely populated district of Beirut on Sunday killed Hezbollah’s media relations chief Mohammad Afif, two Lebanese security sources told Reuters, though there was no immediate confirmation from Hezbollah. (Breitbart) -US Events- 1. Trump's choice for FCC chairman says agency 'will end its promotion of DEI' next year: Brendan Carr, who currently serves as the senior Republican member of the FCC, posted a snippet of the agency's budget request for Fiscal Year 2025 on X, which stated that its second-highest strategic goal is promoting DEI. (Fox) -Regulatory and Legal- 1. ‘I put most of my wealth into Bitcoin, so I am fully committed’ — RFK Jr.: In July 2023, RFK Jr. revealed that he bought Bitcoin for each of his children. Following the purchase, RFK told an audience in a Twitter Spaces event: “Right after that Bitcoin conference, I got a big check, and I said I'm going to put my money where my mouth is, so I bought two Bitcoin for every one of my seven children.” (CoinTelegraph) -Central Bank Digital Currencies/World Currencies- 1. Strategic Bitcoin Reserve Plan Unveiled By Polish Presidential Contender: Sławomir Mentzen, chairman of the Polish “New Hope” party and a contender in the upcoming presidential election, announced his plans for establishing a strategic Bitcoin reserve in Poland during a discourse on X. The initiative underscores Mentzen’s vested interest in Bitcoin, evidenced by his personal investment of 33.7 BTC, valued at over $3 million. (Bitcoinist) -Institutional Concerns- 1. Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak: The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization. (CoinTelegraph) 2. Spot bitcoin ETF options are one step closer to going live: Late Friday, the Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) issued a staff advisory that said ETF options on spot commodity funds are "cleared and settled by the Options Clearing Corporation as the sole issuer of all equity options." (TheBlock) -Economic Indicators- 1. US Retail Sales Beat Forecasts: Retail sales in the US increased 0.4% month-over-month in October 2024, following an upwardly revised 0.8% gain in September, and above market forecasts of 0.3%. (TradingEconomics) 2. US 10-Year Yield Stays Near 5-Month High: The yield on the 10-year US Treasury note held steady around 4.44% on Monday, staying near its highest level in more than five months. (TradingEconomics) -Security Incidents and Concerns- 1. Fake Discount Sites Exploit Black Friday to Hijack Shopper Information: A new phishing campaign is targeting e-commerce shoppers in Europe and the United States with bogus pages that mimic legitimate brands with the goal of stealing their personal information ahead of the Black Friday shopping season. " The threat actor used fake discounted products as phishing lures to deceive victims into providing their Cardholder Data (CHD) and Sensitive Authentication Data (SAD) and Personally Identifiable Information (PII)," (HackerNews) -Technology and Science- 1. Donald Trump's Administration Is Abolishing US EV Tax Credits—Say Goodbye to $7500 Reductions: The transition team by Donald J. Trump has now confirmed that one of the plans of the President-elect of the United States is to remove one of the biggest tax and electrification programs of the current administration of President Joe Biden. This is the famed US electric vehicle tax credits that previously offered massive discounts that enticed more Americans to buy clean energy cars with as much as $7,500 price reductions. (TechTimes) -Bitcoin Community- 1. MARA to Offer $700M Convertible Senior Note, Shares Fall 5%: The bitcoin miner plans to use up to $200 million of the proceeds to repurchase a part of its outstanding 2026 convertible notes. The remainder of funds will be used to accumulate bitcoin (BTC) and other general needs, such as expansion, strategic acquisitions and debt repayments. (CoinDesk) 2. See How Fast Your Savings and Salary Are Collapsing Against Bitcoin: With the price surging above $90,000, you’re likely all too aware that everything that isn’t Bitcoin is rapidly diminishing in value But now you can visualize it! On PricedInBitcoin21(dot)com. As you can see from a quick glance here, the U.S. dollar is now down 86% against Bitcoin on a 5 year basis. (BitcoinMag) (AC-To fully understand the effects of Bitcoin adoption, it's important to shift perspectives often and look at it in the economic roles of money, namely: 1. Store of Value, 2. Medium of Exchange, and 3. Unit of Account.) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 83/100 (Up 3 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 870,132 DTG/ICOD: 1200Z 13Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US Navy Defeats Complex Houthi Attack / Amsterdam Faces Another Night of Violence / SecState Urgently Meets With NATO / Trump Announces Contentious Cabinet Appointments / CACI Gets Hit With Torture Fines / Rick Scott Gains Momentum for Majority Leader / Brazil Opens up TradFi to Crypto / US Fed Governor Says No Need for CBDC / Genius Group Announces BTC Treasury / Hedgers Shifting from Gold to BTC / BTC OP_Next BitDevs to Design Scalability of Bitcoin Market Data: Price: 1 BTC= $89,057, 34.05 oz Gold, .21 Median US House 24hr Hi: $89,915 / Lo: $85,155 Vol: $100B (Down 37%) Mkt Cap: $1.76T (Up 4%) HashRate: 729 EH/s Avg Fee Rate: 16 sats/vBtye (Up 100%) Nodes: 18,815 ---Reports--- -International Events- 1. US Navy Destroyers Defeat Complex Houthi Attack in Strategic Red Sea Strait: Two US Navy destroyers successfully intercepted multiple Houthi-launched weapons, including 8 drones, 5 ballistic missiles, and 3 cruise missiles in the Bab el-Mandeb Strait. No damage or injuries were reported. The attacks have halved shipping through this vital waterway that typically handles $1 trillion in annual trade, while UN experts allege Houthis may be extorting $180 million monthly for safe passage. (Ground) 2. Amsterdam fears another night of unrest as it grapples with antisemitism and violence: Amsterdam police were bracing for yet another night of unrest on Tuesday as the Dutch capital grapples with antisemitic violence that started with attacks against visiting Israeli football fans last week. Most protests have been banned and police presence have been beefed up across the city, but the violence has not eased. (CNN) 3. Blinken In Brussels As Trump Win Raises Alarm Over Ukraine: US top diplomat Antony Blinken will meet with NATO and EU officials Wednesday to urgently discuss ramping up support for Ukraine before Donald Trump reclaims the White House -- potentially jeopardizing future aid. (IBTimes) -US Events- 1. Trump Appoints Elon Musk and Vivek Ramaswamy to Lead New 'Department of Government Efficiency': Ramaswamy has a history of reducing government waste, making it a key policy for his campaign, while Musk has lucrative government contracts that raise conflict of interest questions. Trump stated that they will provide "advice and guidance" to drive structural reform, aiming for an unprecedented entrepreneurial approach to government. (TheNational) 2. Other Trump Appointments: Pete Hegseth for Sec. of Defense, John Ratcliffe for CIA Director, Marco Rubio for Sec. State, Mike Huckabee for Israel Ambassador, Kristi Noem for Sec. of DHS, Mike Waltz for Security Advisor, Scott Bessent for Sec. of Treasury, Elise Stefanik for Ambassador to the UN, Steven Witkoff for Mideast Envoy, 3. US defense contractor to pay former Iraqi detainees $42 million for its role in torture at notorious Abu Ghraib prison: A federal jury on Tuesday awarded a total of $42 million to three Iraqi men who endured torture at Baghdad’s Abu Ghraib prison over two decades ago –– holding a US government contractor accountable for contributing to the abuse. The ruling stems from a lawsuit filed on behalf of former detainees in 2008 against Virginia-based defense company CACI Premier Technology Inc. (CNN) 4. Rick Scott gains new Senate endorsements out of candidate forum on eve of leader election: Sen. Rick Scott, R-Fla., earned two more endorsements following what Republican senators described as a wide-ranging discussion with the three candidates to succeed outgoing Senate Minority Leader Mitch McConnell, R-Ky. (Fox) -Regulatory and Legal- 1. Brazil Prepares to Let Tradfi Institutions Embrace Crypto: The Central Bank of Brazil is preparing to open the cryptocurrency market to traditional finance institutions, which will be able to operate in this industry with clarity after the enactment of the upcoming regulation. Small crypto startups might face challenges in regularizing their situation due to the high bar this framework will impose. (BitcoinCom) -Central Bank Digital Currencies/World Currencies- 1. Fed Governor Waller: No Need for CBDC: The private sector should lead the evolution of payments, while the Federal Reserve should be ready to solve problems that can’t be handled by the private sector alone, Federal Reserve Governor Christopher J. Waller said Tuesday (Nov. 12). “In more than three years, I have yet to hear a satisfactory answer as applied to CBDC,” Waller said in his Tuesday speech. (pymnts) -Institutional Concerns- 1. AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy: Artificial intelligence firm Genius Group Limited surged 66% in a day after committing to a MicroStrategy-emulating “Bitcoin-first” strategy — which will see the cryptocurrency become its primary treasury asset. The play will involve committing 90% or more of the company’s current and future reserves to be held in Bitcoin starting with a $150 million at-the-market offering to acquire an initial target of $120 million in Bitcoin. (CoinTelegraph) (AC-Institutions continue to adopt the Bitcoin store of value (SOV) strategy pioneered by MicroStrategy. The SOV phase will continue to accelerate as both nation-states, institutions, companies and investors realize benefits the best digital asset available.) -Economic Indicators- 1. Bitcoin's correlation to gold hits 11-month low amid capital reallocation: Since the U.S. presidential election, gold has dropped by 5% while bitcoin has surged by over 20% — highlighting a shift in the correlation between these two assets. Some analysts suggest that capital is moving out of gold and into bitcoin as investors reevaluate their safe-haven strategies. (TheBlock) 2. Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024. (CoinDesk) -Security Incidents and Concerns- 1. South Korea arrests 215 individuals in $232 million crypto fraud scheme: The scam took place between December 2021 and March 2023. It lured investors with a “private sale” based on “advanced information” on unlisted cryptocurrencies that guarantee high returns, selling 28 different kinds of fraudulent crypto tokens to defraud $232 million. (TheBlock) -Technology and Science- 1. Donald Trump's US 'Crypto Capital' Future to Bring More Politicians Sharing the Same Mindset: The Washington Post reported that Donald Trump is now evaluating "pro-crypto" candidates who will soon be given important roles in the United States government that will help expand more of cryptocurrency's adoption in the country. It was revealed that there are already several candidates for the positions, with them being known for their support and affiliations with the crypto industry. (TechTimes) -Bitcoin Community- 1. ‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto: Most of the world focuses on bitcoin (BTC)’s zipping price. Not so for the 100-odd bitcoiners who gathered at Fidelity Investments’ headquarters over the weekend. “This is about getting bitcoin to the next billion people,” said Will Foxley, emcee of OP_NEXT, what he claimed was the first bitcoin scaling conference in five years. OP_NEXT is the newest anomaly on crypto’s overstuffed conference circuit. It's got none of the retail-friendly bravado of Bitcoin Nashville. Instead, dozens of hoodie-wearing coder boys (and a handful of women) debated improvements that might make bitcoin more useful, usable, and even resilient against faraway problems that could one day upend the world’s most valuable cryptocurrency. (CoinDesk) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 84/100 (Up 4 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
Get ready for the best damn interview you’ll watch all year!! Bitcoin Veterans sat down with @preston and had a very serious talk about military service, AI, the American Empire, and of course #Bitcoin!
We had a great conversation with Dani from Bitcoineando at @Anders Pleb Party in Nashville Check out her content on YouTube @Bitcoineando
BTC Daily Intelligence Bulletin (DIB) Block: 869,847 DTG/ICOD: 1200Z 11Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Moscow, Kiev Trade Drone Strikes / Qatar Halts Gaza Peace Efforts / 6.8 EQ Hits Cuba / Trump Names Border Czar / Rare Wildfire Hits NJ, NY / DOJ Jails 'Bitcoin Fog' Founder / Mt Gox Moves $2.8B in BTC / MicroStrategy up over 100%, Buys More Today / Bitcoin Over $80K, New ATH / Stocks Soar Last Week / Wrench Attack in Thailand Nets $250K / Russian Hackers Target South Korea / FTX Sues Binance Market Data: Price: 1 BTC= $81,489, 30.87 oz Gold, .19 Median US House 24hr Hi: $82,490 / Lo: $78,537 Vol: $79B (Up 37%) Mkt Cap: $1.62T (Up 2%) HashRate: 727 EH/s Avg Fee Rate: 11 sats/vBtye (Up 360%) Nodes: 18,868 ---Reports--- -International Events- 1. Moscow targeted as Ukraine and Russia trade huge drone attacks: Russia's defense ministry said it intercepted 84 Ukrainian drones over six regions, including some approaching Moscow, which forced flights to be diverted from three of the capital's major airports. Ukraine's air force said Russia launched 145 drones towards every part of the country on Saturday night, with most shot down. The Ukrainian air force said 62 of Russia's Iranian-made drones were shot down, while 67 were "lost". A further 10 left Ukraine's airspace heading back towards Russia, as well as neighboring Belarus and Moldova, it added. (BBC) 2. Qatar suspends Gaza mediation efforts: Qatar says it has suspended its mediation efforts between Israel and Hamas after a lack of progress in reaching a ceasefire deal for Gaza. (ALJazeera) (AC-Pain is the only stimulus that leads to actual conflict resolution.) 3. 6.8 magnitude earthquake shakes Cuba after hurricanes and blackouts: An earthquake with a preliminary magnitude of 6.8 shook eastern Cuba on Sunday, after weeks of hurricanes and blackouts that have left many on the island reeling. The blackouts and wider discontent among many struggling to get by has stoked small protests across the island. (ABC) -US Events- 1. Trump Taps Former ICE Director Tom Homan As 'Border Czar' "I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation's Borders ("The Border Czar"), including, but not limited to, the Southern Border, the Northern Border, all Maritime, and Aviation Security," Trump wrote on Truth Social. (ZeroHedge) 2. Fire at New Jersey-New York border still uncontrolled after burning over 2,500 acres: Rain was falling across the Northeast on Sunday afternoon, bringing a much-needed assist to firefighters battling a major wildfire straddling the border of New Jersey and New York. While Saturday marked 42 days without any measurable rainfall in the city of Philadelphia, and the driest streak in New York City history, many cities throughout the Northeast were expecting to see measurable rainfall on Sunday. (ABC) -Regulatory and Legal- 1. DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service: The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: "A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet." (BitcoinCom) 2. Mt. Gox Trustees Move $2.4 Billion in Bitcoin to New Wallets: Arkham data reveals that defunct exchange Mt. Gox transferred $2.4 billion in Bitcoin to two wallets, including a new one and a cold wallet. The move coincides with Bitcoin surpassing $81,000, with trustees consolidating their BTC holdings before a potential sale on exchanges. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%: MicroStrategy’s 252,200 Bitcoin is now worth $20.5 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” The Bitcoin-stacking firm bought Bitcoin 42 times at a dollar cost average of $39,292. (CoinTelegraph) (AC-MSTR just bought more, see below) 2. MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%: MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion. Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company. (CoinGape) 3. BlackRock's Bitcoin ETF Just Passed Its Gold Fund in Assets: BlackRock's iShares Bitcoin Trust ETF (IBIT) has surpassed its iShares Gold ETF (IAU) in net assets, with $33.17 billion in value. This achievement is notable as the Bitcoin product has only been around since January, while the gold ETF has been offered since 2005. (Decrypt) -Economic Indicators- 1. Bitcoin Soars Above $80,000 on Trump Boost: Bitcoin surged past $80,000 on Monday, reaching new all-time highs, as the prospect of a more favorable regulatory environment under a Donald Trump presidency and a Republican-led Congress sent crypto prices soaring. (TradingEconomics) 2. S&P 500, Dow Close at New Records: US stocks continued their upward momentum to close at records on Friday, buoyed by optimism surrounding Donald Trump’s victory and a favorable interest rate cut from the Federal Reserve. The S&P 500 gained 0.4% to notch a new record, after surpassing the 6,000 threshold during the session. The Dow also closed at record high, adding 259 points, reaching 44,000 for the first time, while the Nasdaq booked marginal gains. The best-performing sectors were utilities, real estate, and consumer staples, while materials lagged. Tesla’s stock jumped 8.2% to $321.22, as the company achieved a trillion-dollar valuation for the first time in over two years. (TradingEconomics) -Security Incidents and Concerns- 1. Ukrainian Man Falls Victim to $250,000 Crypto Robbery in Thailand: A Ukrainian man has become the latest crypto holder to fall victim to a “$5 wrench attack” after being robbed of 250,000 in USDT. According to a recent report by English-language local news outlet Bangkok Post, 23-year-old Viacheslav Leibov was invited into a hotel room by his 18-year-old Ukrainian friend Alfred Chernyshuk on Friday. The alleged crime took place when the would-be victim decided to make use of the toilet, where he found two men with their faces covered waiting for him. The pair tied his limbs with ropes and cable ties and ordered him to transfer 500,000 in the stablecoin USDT to a specific wallet—or else they would break his fingers. Grigoryan held a hammer, while one of the masked men had a long knife in his hands. (Decrypt) 2. Pro-Russia Hackers Target South Korea After North Korean Troops Join Kremlin's Fight in Ukraine: Recently, a Russian hacking group launched cyberattacks on South Korea's critical infrastructure. According to official news agencies, such a move serves as a response to Seoul's proposal to send military experts to Ukraine to trace North Korean troops who are allegedly assisting Russia's war efforts in the country. (TechTimes) -Technology and Science- NSTR -Bitcoin Community- 1. FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage: Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1.8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. (Cryptoslate) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 76/100 (Even) Analyst Comments (AC): Thank you to all Veterans for your service to our Country. Now get on the new mission and learn about Bitcoin and how it fixes a lot of the problems you wanted to fix with your service, just more peacefully. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,428 DTG/ICOD: 1200Z 08Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israeli Soccer Fans Attacked in Amsterdam / EU Wrestles With Trump Angst / Newsom Asks for Trump Defense Funds / Susie Wiles Named Trump Chief of Staff / 43 Monkeys Escape Lab in SC / Powell Says "Not Leaving" / 1 Billion in Harris Funds Gone Smells Like Scandal / Detroit Largest City to Accept Bitcoin For Taxes / Another High for BTC ETFs / Fed Lowers Rate 25 BPS / Stocks Higher / Two Crypto Wrench Ransom Attacks / Block Moves Away from Web5 to BTC Mining Market Data: Price: 1 BTC= $76,047, 28.25 oz Gold, .18 Median US House 24hr Hi: $76,943 / Lo: $74,602 Vol: $59B (Down 11%) Mkt Cap: $1.50T (Up 2%) HashRate: 712 EH/s Avg Fee Rate: 3 sats/vBtye (Up 50%) Nodes: 18,954 ---Reports--- -International Events- 1. Israel sends rescue planes after football fans attacked by mob in Amsterdam: Rioters "actively sought out Israeli supporters to attack" after a football match in Amsterdam as Israel said it was sending planes to the Dutch capital to fly fans home. An unknown number of Israeli supporters were injured in the violence on Thursday night that was condemned by the leaders of both the Netherlands and Israel as antisemitic. Dutch police said five people have been taken to hospital with injuries. Israeli prime minister Benjamin Netanyahu ordered two rescue planes to be sent to Amsterdam after the violence erupted. (IndependentUK) 2. 50 world leaders meet to strategize on how to deal with Trump: Donald Trump’s election win prompted renewed proclamations about the need for unity and autonomy at a gathering of European leaders in the Hungarian capital on Thursday, but beyond the glare of the cameras, there was agitation. At the E.U. and NATO headquarters in Brussels, policymakers have fretted all year about whether Trump could withdraw U.S. support for Ukraine in its war with Russia and upend the Western military alliance that underpins European security. (WaPo) -US Events- 1. Newsom calls special session to fund California’s legal defense against Trump: Gov. Gavin Newsom on Thursday convened a special session of the Legislature, seeking to increase legal funding to protect California policies — on civil rights, climate change, abortion access and disaster funding — from an anticipated conservative federal agenda. (LATimes) 2. Trump picks Susie Wiles as White House chief of staff, first woman ever in the role: "Susie Wiles just helped me achieve one of the greatest political victories in American history, and was an integral part of both my 2016 and 2020 successful campaigns," Trump said in a statement. "Susie is tough, smart, innovative, and is universally admired and respected. (CBS) 3. 43 monkeys escape South Carolina research facility; police warn residents to secure doors and windows: The primates broke loose from a Alpha Genesis facility in Beaufort County and as of early Friday, there was no indication the fugitive monkeys had been captured. Authorities said the primates were "very young females weighing approximately 6-7 lbs" and had never been used for testing due to their age. (CBS) 4. US Fed Chair Says Will Not Leave Early If Asked By Trump: Speaking at a press conference after unveiling a quarter point interest rate cut, Powell -- whose term as Fed chair ends in 2026 -- added that firing any of the Fed's seven governors was also "not permitted under the law." If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. (IBTimes) 5. Senior Harris Advisor Deletes X Account As "Massive Scandal" Brews Over $20 Million In Campaign Debt: Former senior Obama advisor-turned-senior Kamala Harris advisor David Plouffe has deleted his X account after suggesting on Wednesday that Harris' landslide defeat was Joe Biden's fault for not dropping out soon enough, and right as a massive campaign debt scandal erupts. (ZeroHedge) -Regulatory and Legal- 1. Detroit to Accept Bitcoin and Ethereum for Taxes, Embraces Blockchain for Economic Growth: Detroit plans to accept popular cryptocurrencies like Bitcoin and Ethereum for tax payments starting mid-2025, aiming to boost economic growth and promote financial inclusivity. The initiative aligns with the city's strategy to modernize services and embrace blockchain technology. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high: On Nov. 7, BlackRock’s spot Bitcoin ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data. (CoinTelegraph) 2. Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand: The Coinbase Premium Index, a critical metric that tracks the difference between BTC’s price on Coinbase and other exchanges, turned positive for the first time since October 18th, signaling a shift in market dynamics and the return of strong buying interest in the US market. (BItcoinist) -Economic Indicators- 1. Fed Lowers Rates by 25bps as Expected: The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations. (TradingEconomics) 2. S&P 500, Nasdaq Extend Records After Fed Decision: Stocks in the US mostly higher on Thursday, building on the rally sparked by the presidential election in the previous session, following the Federal Reserve's widely anticipated 25bps rate cut. The S&P 500 gained 0.7% and the Nasdaq rose by 1.5%, both hitting new records. (TradingEconomics) 3. US Initial Jobless Claims Edge Higher as Expected: The number of individuals filing for unemployment benefits in the US edged higher by 3,000 from the previous week to 221,000 in the last week of October, aligned with market expectations. Despite the slight increase, the count remained well below averages from earlier in the month, continuing to point to some degree of resilience in the US labor market. (TradingEconomics) -Security Incidents and Concerns- 1. WonderFi CEO Safe After Paying $720,000 Ransom to Kidnappers: Police are investigating the high-profile abduction of Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, who was forcibly taken near University Avenue and Richmond Street on Wednesday evening. Unknown suspects forced Skurka into a vehicle during rush hour, demanding $720k ($1 million Canadian dollars) ransom for his release. The ransom was paid electronically, and Skurka was found safe in Centennial Park, Etobicoke, hours later. (Decrypt) (AC-MultiSig might've stopped this.) 2. France's Schneider Electric Faces $125,000 Ransom Demand: Pay in Monero or Baguettes: Schneider Electric, a French multinational corporation, is being targeted by ransomware group Hellcat, demanding payment in baguettes or $125,000 in crypto to prevent the leak of 40GB of stolen data. The group is known for infiltrating sensitive information and has a history of cyberattacks on the company. (Decrypt) -Technology and Science- 1. Jack Dorsey's Block to prioritize bitcoin mining and wind down decentralized tech arm TBD: Block said in its third-quarter shareholder letter on Thursday that the bitcoin mining initiative has a “strong product market fit” and a “healthy pipeline of demand.” With its commitment to bitcoin mining, Block said it will scale back investments in music streaming app Tidal and wind down TBD, which is its business arm focused on developing the decentralized web platform it had dubbed “Web5.” (TheBlock) -Bitcoin Community- 1. Galaxy Digital’s Next Chapter: Trading Bitcoin Mining for AI Computing: Galaxy Digital announces plans to potentially convert its 800-megawatt Helios mining facility to AI computing operations while reporting decreased Bitcoin production and mining revenue in Q3 2024. (Blockonomi) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 2 pts) Analyst Comments (AC): Some days the news is as strange as fiction. Escaped monkeys, French Baguettes, missing campaign money and more... Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,117 DTG/ICOD: 1200Z 07Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: German Coalition Government Collapses / Aussies Want to Ban Social Media for Kids / Russia Drone Swarms Kyiv / Xi Wants to 'Get Along' With Trump / Trump's Legal Issues to Dissolve / 9-11 Conspirators To Not Face Death Penalty / Harris Campaign Blew Through $1B and Ended with $20M in Debt / Sen Lummis Says Time to Build Bitcoin Reserve / Ohio Gets New Crypto-Friendly Senator / BRICS Rises / BTC ETFs Break Records / Stocks Best Day Since 2022 / NK Hackers Target Crypto Firms With MacOS Market Data: Price: 1 BTC= $74,802, 27.90 oz Gold, .17 Median US House 24hr Hi: $76,460 / Lo: $73,571 Vol: $67B (Down 36%) Mkt Cap: $1.48T (Up 1%) HashRate: 720 EH/s Avg Fee Rate: 2 sats/vBtye (Down 66%) Nodes: 19,317 ---Reports--- -International Events- 1. German chancellor fires finance minister, collapsing coalition government: In a televised address, Chancellor Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.” The firing came after days of political negotiation between the key members of Germany’s ruling “traffic light” coalition government – Scholz of the Social Democratic Party, Lindner of the Free Democratic Party, and Robert Habeck of the Green Party. (CNN) 2. Australia plans a social media ban for children under 16: The legislation will be introduced in Parliament during its final two weeks in session this year, which begin on Nov. 18. The age limit would take effect 12 months after the law is passed. (AP) 3. Russia Bombards Kyiv with Swarm of Drones, Striking Hospital, High-Rises, and Industrial Sites: Throughout the eight-hour assault, Kyiv residents reported explosions across the city, and air defense systems were active. Kyiv Post reporters across the city noted loud blasts as drone debris fell in four districts. (KyivPost) 4. US And China Must 'Get Along', Xi Tells Trump: In his first message to Trump since the former president secured a second term, Xi said "history has shown that China and the United States benefit from cooperation and suffer from confrontation" "A stable, healthy and sustainable China-US relationship is in the common interest of both countries and is in line with the expectations of the international community," Xi said. He called for Washington and Beijing to "strengthen dialogue and communication" and "properly manage differences". (IBTimes) (AC-Xi trying to set the tone for the coming negotiations.) -US Events- 1. Trump's victory likely upends all the criminal cases against him: Justice Department officials have already begun evaluating how to wind down the two federal cases against Trump before he takes office in order to comply with department policy that a sitting president can’t be prosecuted. (NBC) 2. Military judge overrules defense secretary and says plea deals for alleged 9/11 conspirators are valid: A military judge ruled on Wednesday that plea agreements between the alleged 9/11 conspirators at Guantanamo Bay and the US government are “valid and enforceable,” a defense official told CNN – roughly three months after Defense Secretary Lloyd Austin revoked the deals. The ruling allows for the plea deals to go forward and could mean the men will eventually be sentenced to life in prison and avoid death sentences. (CNN) 3. Kamala Harris Campaign Fell $20 Million in Debt in Final Week: A Kamala campaign staffer confirmed to Breitbart News that the reports that Harris’s campaign was “$20 million” in debt “is real,” adding that Jen O’Malley Dillon, the Harris campaign chair reportedly “blew through a billion dollars in a few months.” The concerts that the Harris campaign held with celebrities such as Katy Perry, Lizzo, Eminem, and Bruce Springsteen were reportedly “all Jen’s idea,” the campaign staffer explained. “Jen blew through a billion dollars in a few months, and it was all Jen’s idea to do all the concerts,” the campaign staffer said. (Breitbart) -Regulatory and Legal- 1. Pro-Bitcoin Senator Proclaims US Will Establish $BTC Reserve After Trump Win: Donald Trump's sweeping victory in the U.S. elections has led to widespread celebrations across the cryptocurrency community, and many were particularly drawn to Republican Sen. Cynthia Lummis of Wyoming's post regarding Bitcoin. About an hour after posting the laser eyes meme photo, Lummis made the big announcement: "We are going to build a strategic Bitcoin reserve," she wrote. If Lummis's statements during the BTC Conference are to go by, the United States will "convert excess reserves at our 12 federal reserve Banks into Bitcoin over five years." She noted that the said strategy should help "cut our debt in half by 2045." The U.S. has a staggering $35 trillion debt. (IBTimes) 2. Crypto Advocate Bernie Moreno Takes Ohio Senate Seat, Vows Regulatory Clarity: As chair of the Senate Banking Committee, Incumbent Brown held considerable sway over digital currency legislation, making Moreno’s win a pivotal development for the industry, especially in Ohio. Moreno’s advocacy includes the establishment of a national Bitcoin reserve and initiatives aimed at regulatory certainty. Furthermore, Moreno’s credentials in the blockchain space extend beyond politics. As the owner of Bernie Moreno Companies, a group with investments in blockchain technology, Moreno has a vested interest in the industry’s growth. He was also a co-founder of Blockland Cleveland, an initiative to promote blockchain adoption in the local economy. (Bitcoinist) -Central Bank Digital Currencies/World Currencies- 1. The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse: BRICS, an economic alliance of Brazil, Russia, India, China, and South Africa, recently expanded to include six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). With these additions, BRICS aims to increase its economic and political leverage. The economic bloc has also invited 13 nations to join as partners. Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia is not attempting to undermine the U.S. dollar, but instead is committed to protecting its own national interests. “We are not attempting to defeat the dollar and it is not needed to attempt to have the victory over it. (BitcoinCom) -Institutional Concerns- 1. BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded: In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on Nov. 6. “For context that’s more volume than stocks like Berkshire, Netflix, or Visa saw today. It was also up 10%, its second-best day since launching, “ he added. (CoinTelegraph) -Economic Indicators- 1. US 10-Year Yield Holds Steady Ahead of Fed Decision: The yield on the 10-year US Treasury note held steady around 4.43% on Thursday, near a four-month high, as investors prepared for the Federal Reserve's upcoming policy decision. The Fed is widely expected to cut interest rates by 25 basis points later today, with traders looking for signals on whether another cut will follow in December. (TradingEconomics) 2. US Stocks Close at Record Highs After Trump's 2024 Election Victory: Wall Street's major indices closed at record highs on Wednesday after Donald Trump won the 2024 presidential election, defeating Kamala Harris. The S&P 500 rose 2.5%, the Nasdaq jumped 2.9%, and the Dow Jones soared 1,507 points, or 3.6%, marking its strongest session since 2022. Investor optimism is fueled by expectations that a second Trump administration will bring pro-business policies such as tax cuts, deregulation, and tariffs, which are expected to boost economic growth and corporate earnings. (TradingEconomics) -Security Incidents and Concerns- 1. North Korean Hackers Target Crypto Firms with Hidden Risk Malware on macOS: A threat actor with ties to the Democratic People's Republic of Korea (DPRK) has been observed targeting cryptocurrency-related businesses with a multi-stage malware capable of infecting Apple macOS devices. The activity "uses emails propagating fake news about cryptocurrency trends to infect targets via a malicious application disguised as a PDF file." (HackerNews) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 2 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,117 DTG/ICOD: 1200Z 06Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Trump Wins Presidency, Fear, Uncertainty Continue Worldwide / Netanyahu Fires Defense Minister / Ukrainians Engage North Korean Soldiers / Sen Warren Wins Re-Election / Trump's Crypto Promises / South Korea Starts CBDC Trials / Bitcoin Hits New All Time High / US Stock Futures Soar / INTERPOL Take Down 22K Servers Worldwide / Riot's BTC Output Up Market Data: Price: 1 BTC= $73,962, 27.65 oz Gold, .17 Median US House 24hr Hi: $75,361 / Lo: $68,667 Vol: $105B (Up 155%) Mkt Cap: $1.46T (Up 8%) HashRate: 706 EH/s Avg Fee Rate: 6 sats/vBtye (Up 20%) Nodes: 19,216 ---Reports--- -International Events- 1. Trump: ‘I’m not going to start wars, I’m going to stop wars’: “I’m not going to start wars, I’m going to stop wars,” declares Republican US presidential nominee Donald Trump in his victory speech. “We had no wars, for four years we had no wars. Except we defeated ISIS,” Trump says. (TimesOfIsrael) 2. Netanyahu fires Israeli Defense Minister Yoav Gallant for 2nd time, citing trust 'crisis': Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant for the second time on Tuesday, citing a "crisis of trust" between the two amid Israel's ongoing war against Hamas in Gaza and Hezbollah in Lebanon. Netanyahu said he had no remaining trust in Gallant while Israel is still at war. He appointed Israeli Foreign Minister Israel Katz to take over the position, while Gideon Saar will succeed Katz. (USAToday) 3. Ukraine says it fought N Korean troops for first time: In an interview with South Korean broadcaster KBS, Ukrainian Defence Minister Rustem Umerov said a "small group" of North Korean soldiers were attacked. Ukraine leader Volodymyr Zelensky, who had earlier condemned the West's lack of response to the North Korean troops, said these "first battles with North Korea open a new chapter of instability in the world". (BBC) -US Events- 1. Donald Trump Wins the Presidency: Former President Donald John Trump is the winner of the 2024 presidential election, and will become the first person to win back the Oval Office after losing a reelection bid since Democrat Grover Cleveland in 1884 and 1892. Trump — the 45th and soon-to-be 47th president — secured a path to a 270-vote threshold in the Electoral College with a victory in Pennsylvania, one of the “blue wall” states he won in 2016, and where he campaigned vigorously throughout the campaign. (Breitbart) -Regulatory and Legal- 1. Elizabeth Warren Defeats Pro-Crypto Republican To Hang Onto Senate Seat: Massachusetts voters overwhelmingly reelected Democratic Senator Elizabeth Warren on Tuesday as she cruised to victory over Republican challenger John Deaton, a cryptocurrency proponent. Despite a spirited campaign, Warren was declared the winner shortly after the state's polls closed at 8 p.m. ET. Warren led by a convincing margin when the race was declared by the Associated Press. (IBTimes) 2. Donald Trump Wins the Presidency: Here's What It Means for Crypto: From the outset of his campaign, Trump vowed to loosen restrictions on digital assets and blockchain technology firms in the U.S. Trump has pledged to support the crypto industry by establishing a national Bitcoin reserve, backing U.S.-based mining, opposing a U.S. CBDC, and advocating for self-custody rights. Additionally, his family's recent venture, World Liberty Financial, signals a deepening commitment to the sector. (Decrypt) -Central Bank Digital Currencies/World Currencies- 1. Seven South Korean banks to participate in CBDC-driven pilot: The program, announced by the FSC in a Nov. 6 press release, aims to explore the potential of CBDCs in daily transactions. The participating banks, including KB, Shinhan, Woori, and Hana, will issue deposit tokens that represent digital assets backed by bank deposits, the press release reads. (CryptoNews) -Institutional Concerns- 1. Crypto investment products hit record annual inflows of $29 billion this year: Global crypto funds run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered net inflows of $2.18 billion last week, according to CoinShares, bringing year-to-date figures to a record $29.2 billion. (TheBlock) -Economic Indicators- 1. Bitcoin (BTC) Reaches $75,000 as U.S. Election Results Unfold: Bitcoin reached a historic milestone of $75,000 on November 5, 2024, as election results showed Donald Trump securing victories in key swing states. The cryptocurrency’s price movement coincided with Trump’s wins in North Carolina, Georgia, and Pennsylvania, marking a 7% increase that pushed Bitcoin beyond its previous record of $73,797.68 set in March. (Blockonomi) 2. US Futures Soar as Trump Wins Second Term: US futures soared on Wednesday, with contracts on the S&P 500 futures adding 2.1%, the Nasdaq 100 jumping 1.5% and the Dow Jones gaining by an impressive 1260 points as Donald Trump won the US Presidential election. (TradingEconomics) -Security Incidents and Concerns- 1. INTERPOL Disrupts Over 22,000 Malicious Servers in Global Crackdown on Cybercrime: Dubbed Operation Synergia II, the coordinated effort ran from April 1 to August 31, 2024, targeting phishing, ransomware, and information stealer infrastructure. "Of the approximately 30,000 suspicious IP addresses identified, 76 per cent were taken down and 59 servers were seized," INTERPOL said. "Additionally, 43 electronic devices, including laptops, mobile phones and hard disks were seized." (HackerNews) (AC-Global 'operations' such as this are indicative of mass surveillance conducted by law enforcement and intelligence agencies, often in violation to privacy laws and statutes worldwide. The more this becomes accepted, the less privacy individuals will maintain.) -Technology and Science- NSTR -Bitcoin Community- 1. Riot's Monthly BTC Output Up by 23%; Company Calls October Production 'New Post-Halving Milestone': Bitcoin mining giant Riot Platforms recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same month, Riot reported a 5% month-over-month increase in its bitcoin holdings, from 10,427 to 10,928. (BItcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Even) Analyst Comments (AC): Trump's win will usher Bitcoin into even more worldwide acceptance, with any effort at building a Bitcoin Reserve foremost among stimulants to Bitcoin adoption. The economic use of Bitcoin as a store of value has been proven and accepted by individuals and institutions, continuing to increase. As a medium of exchange and unit of account, Bitcoin still has a long way to go, but in this hyper-connected world this could happen quickly following the expected efforts of such a Bitcoin-friendly administration. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 868,981 DTG/ICOD: 1200Z 05Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Election Day 2024 / NK Launches Missiles / Protests Continue in Georgia / 52 Nations Call for Israel Embargo / Indonesia and Russia Hold 1st Naval Drills / TN Man Arrested for Planning Drone Strike on Nashville Grid / Senate is in Play for Election / Who Might Replace Gary Gensler? / New Global Stablecoin / BTC ETFs Bleed a Half Billion / UK Pension Allocates to Bitcoin / Semler Scientific Buys Bitcoin Market Data: Price: 1 BTC= $68,709, 25.08 oz Gold, .16 Median US House 24hr Hi: $69,201 / Lo: $66,803 Vol: $41B (Up 16%) Mkt Cap: $1.36T (Down 1%) HashRate: 718 EH/s Avg Fee Rate: 5 sats/vBtye (Down 33%) Nodes: 19,285 ---Reports--- -International Events- 1. North Korea launches short-range ballistic missile hours before US election: It remains unclear whether North Korea fired only one missile or multiple. It is also unclear what type of missile it was or how far it flew. (Fox) 2. Thousands rally again in Georgia to protest the parliamentary election they say was rigged: Thousands of opposition supporters rallied outside Georgia’s parliament for the second straight Monday to denounce the Oct. 26 election as illegitimate after the ruling party was declared the winner amid allegations of vote-rigging helped by Russia. (AP) 3. Fifty two nations call for global arms embargo on Israel: The Foreign Ministry of Turkey sent the UN a letter signed by 52 nations and two organizations calling for a halt in military transfers to Israel, stating the Israeli army is committing genocide against Palestinians in Gaza. (TheCradle) 4. Indonesia and Russia hold first joint naval exercises: As Indonesia's new president, Prabowo Subianto, seeks to deepen ties with Russia, the Indonesian and Russian navies began five days of joint exercises in the Java Sea. (DW) -US Events- 1. Tennessee man arrested for allegedly plotting to attack Nashville energy facility: Skyler Philippi, 24, was arrested November 2 when he “believed he was moments away” from launching a drone armed with explosives at an electric substation in the Nashville area, according to a DOJ press release. He’s charged with attempted use of a weapon of mass destruction and attempted destruction of an energy facility. (CNN) (AC-Ukrainian war tactics come home.) 2. 5 races to watch that will decide control of the Senate: Senate Democrats are heading into Tuesday's elections facing the fight of their lives: defending a 51-49 majority with a map so formidable that Republicans have called it their best opportunity in a decade to gain ground. Montana, Ohio, Michigan, Pennsylvania and Arizona will determine the majority. (ABC) -Regulatory and Legal- 1. Meet the pro-crypto contenders who could replace SEC chief Gary Gensler: Hester Peirce: The “Crypto Mom” the industry wants, Chris Giancarlo: “Crypto Dad” of Bitcoin futures, Chris Brummer: The peaceful option for the Democrats, Paul Atkins: SEC commissioner with ties to Bush and Trump, Erica Williams: Balanced candidate for Harris, Heath Tarbert: The active CFTC chair, Robert Stebbins: The adviser close to Trump’s SEC chair, Dan Gallagher: The Federal Reserve critic. (CoinTelegraph) (AC-A simple list to start research on SEC chair options.) -Central Bank Digital Currencies/World Currencies- 1. New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies: The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei. (CoinDesk) -Institutional Concerns- 1. US Bitcoin, Ethereum ETFs Bleed Over Half A Billion Before Elections: US-listed spot Bitcoin ETFs bled a total of $541.1 million on Monday – Fidelity's $FBTC lost $169.6 million. All other spot Bitcoin ETFs in the United States saw outflows, except BlackRock's IBIT, Invesco's BTCO, and Wisdom Tree's BTCW. In fact, IBIT had a $38.4 million inflow, being the only U.S.-listed BTC ETF that had a positive flow on Monday. (IBTimes) 2. UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto: A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. (BitcoinCom) 3. Semler Scientific Acquires 1,050 Bitcoin and Plans to Buy More Despite Tough Q3: Semler Scientific, a medical device maker, has acquired over 1,050 BTC and plans to purchase more using cash from operations and sales. Despite a challenging Q3 with a revenue drop, the company remains focused on Bitcoin investments. (Decrypt) -Economic Indicators- 1. US Stocks Close Lower Ahead of Election and Fed Decision: Stocks in the US finished lower on Monday as investors braced for a high-stakes week featuring the presidential election and the Federal Reserve's policy decision. The S&P 500 and Nasdaq lost 0.3% each while the Dow dropped 257 points. (TradingEconomics) -Security Incidents and Concerns- 1. FBI Warns Public About Deceptive Videos Ahead of Election Day: The approach to the U.S. presidential election has seen an increasing level of disinformation, especially deepfake technology. This raises concerns regarding the impact on voters. To this end, the FBI has also indicated that such doctored videos and other forms of disinformation are being used to sway public perception and impact election security. (TechTImes) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 5 pts) Analyst Comments (AC): Today is election day in the USA. The contentious and seemingly never-ending fighting over an executive level position (not king!) in the power-sharing system of the American political experiment reaches it's peak today. The system requires citizens to choose a side to cast a vote. Most humans hate being put into such airtight categories and are often more nuanced than simple blue or red. The same could be said for all conflict, including wars. Though we may celebrate the option to cast a vote instead of throwing lead, history teaches us that the latter option is the most prevalent, meaning the stakes are much higher for individuals and families. If and when the US experiment or global situations devolve, choosing sides becomes necessary for survival or moral imperative. The sooner one understands the choices available and commits, the better the outcome for those involved. Go vote today and prepare for tomorrow. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image