Bitcoin Veterans
npub1qktt...ms0r
Bitcoin Veterans - A Veteran Support Group whose mission is to connect and coordinate Veterans to advance our Oaths of Defending Freedom

**BITCOIN VETERANS – Q1 SITREP**\
*Date: 31 MAR 2025*\
*Prepared For: Command & Community*\
*Tone: Serious, Motivational*
---
**MISSION STATUS:**\
Bitcoin Veterans continue to execute the mission across the homeland and abroad. From mining operations to educational deployments, media engagements, and nonprofit mobilizations—our troops remain active, effective, and inspired. The battlefield is ideas. The enemy is ignorance, coercion, and centralized decay. Morale is high. Mission tempo is increasing.
---
### **INTEL: MEDIA + MESSAGING**
- **BV Mentioned: POD256 EP65** – *“How Bad Chainalysis Data Hurts Freedom Technology”*\
➤ Broadcast via Fountain.fm: [Listen Here](
---
### **UNIT REPORTS**
---
**BV TIM & JEFF (Illinois Frontline)**
- Continue leading the *Lincolnland Bitcoin Meetup* (monthly since 2020).
- Sponsored a local youth baseball travel team.
- Co-founding the *Illinois Bitcoin Council*, a 501(c)(6) nonprofit for Bitcoin education, advocacy, and collaboration.\
➤ Mission expanding beyond community. Building statewide operational capability.
---
**BV WAHID (Cohort 2501 / Training Pipeline)**
- Enlisted in *Operation Bitcoin Cohort 2501* to deepen and share knowledge.
- Deployed a *NerdQAxe home miner*, actively contributing to OCEAN.\
➤ Demonstrating initiative and technical capability.
---
**BV “A” (Multi-Theater Operator)**
- Authored a whitepaper on using the Lightning Network for global Christian mission support. [Read It](https://www.scribd.com/document/833663024)
- Participated in the *Heatpunk Summit* (Denver). Returned to build a garage-heated mining setup (70Th/s, LuxOS-regulated).
- Acquired BitAxe Game for solo mining. Networked through BV.
- Currently job-seeking in the Bitcoin industry; background in biz dev and account management.
- Supporting *BitcoinBay.live* (501c3) with outreach, funding, and partnerships in Tampa Bay region.\
➤ Secured banner placement on the Tampa Riverwalk.\
➤ Connected Bitcoin Bay with Tampa Club for sponsorship event.
- Maintains leadership role in *Jefferson, GA Meetup*
- Exploring *HAM radio* with local mentor—preparing for long-range decentralized comms.
- Active on *Nostr*, sharing faith and daily devotionals.
- Operating 2x BitAxe miners (3.5Gh/s) with plans to donate hash to BV pool.
**Quote:** *“Thank the president for cheap sats.”*
---
**AIR FORCE BV**
- Operating a *BitAxe* rig from office—quiet, steady, mission-aligned.
---
**BV GREENY**
- Operational activity logged: [Satellite Earth Node](https://blob.satellite.earth/091b0bb63f873c6f99ce9e96a37894b7c6cbb6088830a9191a9179cf9e0355cc)
---
**BV BART G (Bismarck Theater)**
- Host of *Bismarck Bitcoin Meetups*, now held at The Innovation Barn.\
➤ Q1 focus: Chapters 1–5 of My First Bitcoin (MFB) Diploma Workbook.
- Presented at *1 Million Cups* small biz event, educating community.
- Launched *Bitcoin Research Club* at Bismarck State College.\
➤ First MFB student nearing graduation.\
➤ Presented during *Financial Wellness Week* on campus.\
➤ Acquired travel grants + fundraiser success for attending *Bitcoin Educators Unconference* in Nashville (April 8–10).
- Heating garage with 10Th/s Heatbit miner.\
➤ Integration of education, mining, and heating—high-value tactical execution.
---
**BV MONTANI (Appalachia Operations / Media Command)**
- Established *HODL in the Holler* – WV-based Bitcoin meetup network expanding through Appalachia.
- **Documentary Ops:**\
➤ Bitcoin Veterans Doc: credits being compiled.\
➤ Invited to **Bitcoin Film Festival, Warsaw** (May 22–25).\
➤ Prepping new *Bitcoin Alaska* documentary and event.\
\- Featuring Simply Bitcoin, Get Based & others.
- Built 2x Loki mining rigs (Slim19, Nakamoto).
- Launching hardware redistribution campaign for hash donations to BV pool.\
➤ Contact Rick (Montani) or Dr. Nickamoto for miner logistics.
- Partnering with *Bitcoin Sports Network* for *Memorial Day Kickoff* in Vegas (May 26).\
➤ 10% proceeds to *Operation Bitcoin*.
- *(Mining Pod announcement pending command approval)*
---
**BV NEAL FLESHER (Literary Command / Moral Intel Division)**
- Finalizing publication of **Modern Chains** (66K words)\
➤ “From Mesopotamia to the Federal Reserve, slavery has evolved… Bitcoin offers real emancipation.”\
➤ A powerful narrative weaving history, philosophy, and monetary truth.\
➤ Published by En Route Books & Media.
- Message to the force:\
*“Leadership is being seen. Standing tall. It’s going to take real leadership to guide communities through this monetary hellscape. BV is uniquely positioned to support.”*
---
### **ASSESSMENT**
Morale: HIGH\
Activity: ACTIVE\
Community Engagement: WIDESPREAD\
Technical Deployment: INCREASING\
Public Narrative: GAINING GROUND\
Recruitment Potential: STRONG
---
**FINAL WORD**
The mission is long. The terrain is hostile. But we are not civilians—we are Bitcoin Veterans. Our strength is in each other, our conviction, and our ability to take action at the edge. We do not wait for permission. We lead. We build. We hash. And we *never* forget what we’re fighting for.
**End of Report – Q1 2025**\
*Prepared by: AN AVERAGE BITCOIN VETERAN*\
**For Internal Use Only – Bitcoin Veterans** 🟧

Fountain: Podcasts & Music
Fountain: Podcasts & Music
Discover millions of podcasts and emerging artists worth supporting. Powered by RSS, Lightning and Nostr.
COMING IN 2025
Bitcoin Veterans Episode 67
Jack Donovan
https://fountain.fm/episode/0CfcWbqvrJsdTowu1AJi
We could have talked with @Sourcenode for hours! Such a good conversation with him at @npub18c6f...yyww Pleb Party
HUGE UPDATE!!
We just established a Meshtastic repeater on top of Big Bald Mountain on the border of North Carolina and Tennessee.
We had a @Starlink Mini in our pack and maintained connectivity the entire time. Big shout out to Elon Musk.
The really amazing thing was the 194 nodes we have connected from Raleigh, to Knoxville, to Charlotte, to Greenville and all the way down to Atlanta!!
The Freedom Tech Revolution is hitting another gear.
#meshtastic
When we arrived in western North Carolina there were ~2 meshtastic radios. Thanks to the efforts of multiple Bitcoin Veterans there are no less than 61 nodes some of which are airborne.
This is a huge achievement in decentralized emergency communications. ✊
View quoted note →
A big thank you to the Bitcoin Community, @Operation Libertas & @Mike Hobart
This community is unstoppable.


Update: Burnsville, NC and surrounding areas
Dropped off a generator to a man who hasn’t seen anyone since this all started. His only contact with the outside was via the 2m band on HAM radio
He broke down in tears of joy and gave us all hugs. Very powerful!
We also dropped off 10 generators, power strips, extension cords and cold weather gear at a collection point for Plain Compassion Crisis Response
They’re doing great work to ensure the people who need supplies get them
UPDATE 09 OCT
UPDATE: Avery Airfield in Spruce Pine which is running air delivery of critical supplies to HLZs in the AO is now equipping flights with Meshtastic airborne nodes which significantly increases coverage of vital communications.
🚨UPDATED DONATION LINK🚨
In the wake of recent disasters, countless families are in urgent need of support.
Bitcoin Veterans are raising funds to support recovery efforts, provide essential supplies, shelter, and hope to those affected.
Every dollar and satoshi counts and can make a significant impact.
Fiat, lightning and on-chain donations are possible through our
@ZapriteApp
donation page.

Item Unavailable

The response from the Bitcoin community has been overwhelming.
YOU have stepped up and fully engaged in our mission to respond to the disaster in North Carolina.
THANK YOU
Our initial response is underway and we will share updates as we receive information from the Area of Operations.
Our larger recovery team is taking shape and necessary resources are being identified.
This will be an ongoing mission and continued support will absolutely be needed.
Please continue to share in your networks and spread the word.
pay.zaprite.com/pl_7Xwxh3ZNJT


BTC Daily Intelligence Bulletin (DIB)
Block: 862,115
DTG/ICOD: 1200Z 20Sep24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Israel-Hezbollah Ramp Up Conflict / US, UK Poised to Let Ukraine Strike Deep / KY Sheriff Kills Judge / Teamsters Fret Over Non-Endorsement / Alaska Man Arrested for Threatening SCOTUS Judges / Many New Gun Owners Are Progressives / Louisiana Now Accepts Bitcoin / Canada Scraps CBDC / BlackRock Amends Coinbase Agreement / Stocks Up, Mortgage Rates Down / Original BTC Miners Move BTC
Market Data: Price: 1 BTC= $63,441, 24.27 oz Gold, .15 Median US House
24hr Hi: $64,119 / Lo: $62,630
Vol: $41B (Down 12%)
Mkt Cap: $1.25T (Up 1%)
HashRate: 737 EH/s
Avg Fee Rate: 3 sats/vBtye (Even)
Nodes: 18,824
---Reports---
-International Events-
1. Israel says 100 Hezbollah rocket launchers hit in Lebanon: Israel has carried out extensive air strikes on southern Lebanon, saying its warplanes have hit more than 100 Hezbollah rocket launchers and other "terrorist sites" including a weapons storage facility. The IDF said the launchers were ready to be fired against Israel. It was not immediately clear if there were any casualties. Earlier, Hezbollah leader Hassan Nasrallah said deadly (electronics) explosions earlier in the week "crossed all red lines", accusing Israel of what he said represented a declaration of war. Israel has not said it was behind the attacks - which saw pagers and walkie-talkies explode simultaneously across the country - on Tuesday and Wednesday, and which Lebanese authorities said killed 37 people and wounded 3,000. (BBC)
2. Biden Poised to Approve Ukraine’s Use of Long-Range Western Weapons in Russia: President Biden appears on the verge of clearing the way for Ukraine to launch long-range Western weapons deep inside Russian territory, as long as it doesn’t use arms provided by the United States, European officials say. The issue, which has long been debated in the administration, is coming to a head on Friday, as Britain’s new prime minister, Keir Starmer, visits the White House. (NYTimes)
-US Events-
1. Kentucky sheriff charged in killing of judge at courthouse: The preliminary investigation indicates Letcher County Sheriff Shawn M. Stines shot District Judge Kevin Mullins multiple times following an argument inside the courthouse, according to Kentucky State Police. Mullins, who held the judgeship for 15 years, died at the scene, and Stines surrendered without incident.(AP) (AC-It might be enlightening to learn what they were 'arguing' about. There's more to this story.)
2. Former Teamsters leader criticizes non-endorsement of Harris for president: James P. Hoffa, who led the Teamsters for 23 years, said it was a mistake for the union not to endorse Vice President Kamala Harris, the “correct choice for labor.” (WaPo)
3. Alaska man charged with threats to torture, murder conservative Supreme Court justices: Panos Anastasiou, 76, was nabbed Wednesday in Anchorage and is facing 22 federal charges stemming from 465 alarming messages he sent via the Supreme Court’s website between March 10 and July 16, prosecutors say. The justices are not identified in the indictment, but details about Anastasiou’s messages indicate he targeted Justices Samuel Alito and Clarence Thomas. (NYPost)
4. The Most Surprising New Gun Owners Are U.S. Liberals: American gun culture has long been dominated by conservative, white men. Now, in a marked change, a burgeoning number of liberals are buying firearms, according to surveys and fast-growing gun groups drawing minorities and progressives. Now, today’s Democrats are rediscovering guns. One new owner said he mostly talks about guns with other liberal or progressive gun owners, many of whom welcome gun restrictions. He sees no reason to own a military-style, semiautomatic rifle like the AR-15, and supports universal background checks. But the country’s sharp partisan divide renders compromise on guns extremely unlikely, he believes. (WSJ) (AC-An intriguing article, even if heavily slanted to portray Trump and conservative white men as dangerous.)
-Regulatory and Legal-
1. Louisiana Announces Crypto Payment Options for State Services: The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services,” said Louisiana’s State Treasurer. (BitcoinCom)
-Central Bank Digital Currencies-
1. Canada Scraps Plan to Launch 'Digital Loonie' CBDC: After almost five years of research, the Bank of Canada has decided to shelve its plans for a central bank digital currency (CBDC), also known as a "digital loonie." The central bank had launched a research project in 2019 and conducted a public consultation in 2022. While a CBDC was seen as a way to maintain monetary sovereignty and financial stability, the idea faced strong opposition from Canadians and prominent figures in the government. (Decrypt)
-Institutional Concerns-
1. US spot bitcoin ETFs rebound to daily net inflows of $158 million; BTC hovers at $63,500 (TheBlock)
2. BlackRock amends Coinbase custody agreement to require 12 hour withdrawals amid debt rumors: The modifications shorten Coinbase Custody withdrawal processing time when handling withdrawals from the Vault Balance to a public blockchain address while Trade Credits remain unpaid. his development comes amid recent allegations against Coinbase, claiming the exchange was not using BlackRock’s funds to purchase actual bitcoins for the ETF. Social media rumors suggested that Coinbase was issuing letters of debt instead of backing the ETF with Bitcoin and manipulating Bitcoin’s price using BlackRock’s funds. (CryptoSlate) (AC-Blackrock simply making sure the BTC is available.)
-Economic Indicators-
1. S&P 500, Dow Close at Records High: Wall Street rallied on Thursday as sentiments boosted about a "soft landing" for the US economy after the Federal Reserve’s 50 basis point rate cut. The Dow Jones closed 522 points higher, the S&P 500 gained 1.7%, both hit new record highs. The Nasdaq 100 also spiked 2.5%, (TradingEconomics)
2. US 30-Year Mortgage Rate Eases to 6.09%: The average rate on a 30-year fixed mortgage dropped to 6.09% as of September 19th, reaching its lowest level since early February 2023. (TradingEconomics)
-Security Incidents and Concerns-
1. Maryland Police Warn Gmail Users of Phishing Scam Demanding Bitcoin: Maryland State Police have warned of a scam targeting Gmail users, using phishing tactics to extort money through unsettling threats. Scammers are sending victims emails with Google Maps photos of their homes and demanding bitcoin payments, falsely claiming they possess incriminating evidence. The police are investigating, urging caution and providing resources for reporting these incidents. (BitcoinCom)
-Technology and Science-
1. Apple Faces EU Antitrust Challenge: The antitrust regulators of the European Union have launched an action against Apple as it seeks to force the tech giant to open its closed ecosystem up to other competitors. If Apple does not comply, major financial losses are imposed by the newly implemented Digital Markets Act (DMA) on it. The Cupertino-based firm has argued for quite some time that its closed system is safer through the control of peripheral devices and their software entering the system. (TechTImes)
-Bitcoin Community-
1. Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?: Wallets belonging to early Bitcoin miners who received coins as rewards shortly after the blockchain’s launch by its pseudonymous creator, Satoshi Nakamoto, have recently been observed moving their BTC. On Sept. 20, five miner wallets that received 50 Bitcoin each as block rewards in 2009 started to move their funds. Given the BTC was mined only weeks after the launch of the Bitcoin blockchain, the wallets likely belonged to people present at its inception. (CoinTelegraph)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 54/100 (Up 6 pts)
Analyst Comments (AC): Find the encouraging news today, be encouraging today.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report


Give Paladin Tower Tactics a follow!
Great people doing great things
View quoted note →
BTC Daily Intelligence Bulletin (DIB)
Block: 859,693
DTG/ICOD: 1200Z 03Sep24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Putin Welcomed in Mongolia, Not Arrested / US Seizes Maduro's Plane / US Marines on Liberty Attacked in Turkey / Musk Continues Starlink and X Services in Brazil for Free / Four Killed on Commuter Train in Chicago / Kansas Files Civil Suit Against Pfizer Over COVID Vax / Machete and Toblerone Used in Bitcoin Theft / Coinbase Has 1st AI to AI Transaction / BTC Mining Hurting
Market Data: Price: 1 BTC= $59,154, 23.68 oz Gold, .14 Median US House
24hr Hi: $59,815 / Lo: $58,103
Vol: $23B (Down 21%)
Mkt Cap: $1.17T (Up 1%)
HashRate: 733 EH/s
Avg Fee Rate: 4 sats/vBtye (Even)
Nodes: 18,378
---Reports---
-International Events-
1. Putin welcomed in Mongolia despite ICC arrest warrant: Russian President Vladimir Putin has arrived in Mongolia, his first visit to an International Criminal Court (ICC) member since it issued a warrant for his arrest last year. Soldiers on horseback lined the capital's Genghis Khan Square as martial anthems were played by a live band to welcome the Russian leader, who met with the Mongolian president Ukhnaagiin Khürelsükh. The landlocked country, which also borders China, also relies on Russia for gas and electricity. (BBC)
2. US seizes Venezuela President Nicolas Maduro’s airplane in the Dominican Republic, flies it to South Florida: The United States has seized Venezuela President Nicolas Maduro’s airplane after determining that its acquisition was in violation of US sanctions, among other criminal issues. The US flew the aircraft to Florida on Monday, according to two US officials. In a statement, Attorney General Merrick Garland said that “the Justice Department seized an aircraft we allege was illegally purchased for $13 million through a shell company and smuggled out of the United States for use by Nicolás Maduro and his cronies.” (WSVN-Miami) (AC-An interesting twist following the sham election in Venezuela and the international calls for Maduro to step down. The US has been verbally tough on Maduro while not doing anything to stop the dictator's continued tyranny of the country. This seems action could be a turning point, or possibly more theater.)
3. U.S. Marines attacked during port visit in Turkey, Navy says: Two U.S. Marines from the USS Wasp were attacked Monday during a port visit in Izmir, Turkey, according to a Navy spokesperson. Video of the apparent incident shows a group of men forcing a bag over the head of one of the Marines as they restrain him, chanting "Yankee go home." The Marines, part of the 24th Marine Expeditionary Unit, were "on liberty" at the time of the incident and taken to a local hospital for evaluation as a precaution. (CBS)
4. Elon Musk defies X ban in Brazil by beaming app from space: Elon Musk has found a way to bypass a ban on his social media firm X in Brazil by allowing people in the country to access the app through his satellite internet provider Starlink. Brazil’s Supreme Court voted on Monday to uphold a ban on X that was introduced last week by Justice Alexandre de Moraes. Mr Musk claimed the freezing of Starlink bank accounts was illegal and pledged to provide free internet access to its Brazilian customers while the accounts remain blocked. (IndependentUK)
-US Events-
1. Four people shot to death while sleeping on Chicago commuter train: Three victims were declared dead at the scene while a fourth was rushed to Loyola University Medical Center where they died from their wounds. The shooter fled the scene. However a suspect armed with a gun was later taken into custody on a CTA Pink Line train in Chicago. (NYPost)
2. Kansas is first of five states to file civil suit against Pfizer: In a groundbreaking move, Kansas has taken legal action against pharmaceutical giant Pfizer for allegedly engaging in false and misleading marketing practices. This marks the first of five states in the US to pursue legal action against the company. The lawsuit against Pfizer was prompted by evidence that the company had engaged in false and misleading marketing practices. It was discovered that Pfizer had promoted its product as safe and effective for pregnant women, despite knowing that it posed serious risks to both the mother and the baby. (CountyLocalNews) (AC-This is NOT being reported by any other news outlets but is trending heavily on X. Either the news is fake or being censored by all news organizations.)
-Regulatory and Legal-
NSTR
-Central Bank Digital Currencies-
NSTR
-Institutional Concerns-
1. SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions: Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting their corporate bitcoin accumulation goals. (BitcoinCom) (AC-Metaplanet is following MicroStrategy's playbook in Japan.)
-Economic Indicators-
1. US 10-Year Treasury Yield Little Changed to Kick Off September: The yield on the US 10-year Treasury note was around 3.9% on the first trading day of September as investors return from the Labor Day holiday to a week packed with key economic data. The ISM Manufacturing PMI will be in the spotlight today, while important labor market indicators like JOLTS and the jobs report are awaited later in the week. (TradingEconomics)
-Security Incidents and Concerns-
1. Home invaders used machete, Toblerone to rob a man of his Bitcoin: Scottish prosecutors have seized and converted 23.5 Bitcoin into cash from a 2020 robbery that saw three men armed with a machete and a Toblerone chocolate bar break into a home near Glasgow. Three men conducted the home invasion in the town of Blantyre, southeast of Glasgow, and one repeatedly beat a woman at the property with a personalized Toblerone bar and threw her into a bedroom. The victim, who isn’t named for legal reasons, testified that he awoke to find a man standing over him with a machete before he was forced to transfer Bitcoin. (CoinTelegraph)
2. Hacker Behind WazirX Breach is Using Tornado Cash to Funnel Millions of Dollars in Stolen Crypto: Following the $230 million exploit on Indian exchange WazirX, the hacker responsible has been funneling millions of dollars in user assets through Tornado Cash. The hacker has transferred 2,600 ETH, valued at $6.5 million, to the sanctioned mixer Tornado Cash. Despite being banned in the US, Tornado Cash continues to operate in various jurisdictions, including North Korea. (Decrypt)
-Technology and Science-
1. Coinbase Reports Its First AI-to-AI Crypto Transaction: Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI transactions. (BitcoinCom)
-Bitcoin Community-
1. BTC mining profits elusive as difficulty hits all-time high: Block reward miners on the BTC network had their least profitable month in nearly a year in August, leading to bankruptcies, share dilutions, and other ‘Hail Mary’ efforts to stave off the inevitable. BTC miner revenue hitting $827.5 million in August, less than half the total from this year’s peak of $1.93 billion in March and the lowest total since September 2023. Transaction fees’ contribution to this total also slumped to a year-to-date low of $20.8 million. Meanwhile, mining difficulty hit an all-time high in August. (CoinGeek)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 26/100 (Down 7 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report


BTC Daily Intelligence Bulletin (DIB)
Block: 858,081
DTG/ICOD: 1200Z 30Aug24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Houthis Blow Up Oil Tanker / Russia Nervous Over Durov's Arrest / US Sec Advisor Meets With Xi / Trump Still Battling Lawfare / CO Councilmember Confirms Gangs in Aurora / Custodia Bank Under Fire / Russia to Begin Crypto Cross-Border Payments / Musk's Battle With Brazil Intensifies / Bitcoin Exchange Reserves Low / Bitcoin Millionaires Up / Solo Miner Hits Jackpot
Market Data: Price: 1 BTC= $59,470, 24.85 oz Gold, .14 Median US House
24hr Hi: $61,184 / Lo: $58,707
Vol: $32B (Down 6%)
Mkt Cap: $1.17T (Down 1%)
HashRate: 586 EH/s
Avg Fee Rate: 4 sats/vBtye (Down 20%)
Nodes: 19,356
---Reports---
-International Events-
1. Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill: Yemen’s Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill. The vessel was abandoned earlier, after the Houthis repeatedly attacked it. The Houthis have targeted more than 80 vessels with missiles and drones since the war in Gaza started in October. They seized one vessel and sank two in the campaign that also killed four sailors. Other missiles and drones have either been intercepted by a U.S.-led coalition in the Red Sea or failed to reach their targets. (AP)
2. Russia’s Military Fears for Its Secrets After Telegram Founder’s Arrest: Russian authorities have reacted with unusual fury to the arrest of Telegram founder Pavel Durov by French authorities. Telegram is more than a mere social-media app to Moscow. Russian soldiers and spies depend on it for battlefield communications, including the guidance of artillery, the coordination of movements and intelligence gathering. Both the Russian and the Ukrainian militaries started relying on commercial platforms. While the Ukrainians prefer Western providers such as Signal or Discord, the Russians chose Telegram because it is based in the United Arab Emirates, which maintains good relations with Moscow. They think the app is more impervious to Western signals intelligence. (WSJ)
3. ‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China: U.S. national security advisor Jake Sullivan said he raised concerns about the country’s focus on economic security in meetings with Chinese President Xi Jinping and other officials this week. Sullivan, advisor to the outgoing Biden administration, said his trip to China was part of an effort to manage the bilateral relationship ahead of the inauguration of a new U.S. president in January. Tensions between the world’s two largest economies have escalated in recent years, spilling over from trade into finance and technology. (CNBC)
-US Events-
1. Trump seeks to move his New York state criminal case to federal court and delay sentencing: Donald Trump has filed a petition seeking to move his New York state criminal case to a federal court in Manhattan and push off the upcoming sentencing for his conviction on 34 counts of falsifying business records. (CNN)
2. Colorado City Council Member Says ‘Denver Is the Problem’ as Migrant Gangs Occupy Housing: Aurora City Council Member Danielle Jurinsky is bringing national attention to the migrant gangs that are being welcomed by the Biden-Harris administration and their Denver Democrat allies. The councilwoman has been shining a light on rising crime in Aurora that appears to be caused by members of the dangerous Tren de Aragua, a Venezuelan street gang that has flooded the community after being cast out of the nearby sanctuary city of Denver. Because of all this, the council member says that many long-time residents are talking about leaving Aurora. (Breitbart)
-Regulatory and Legal-
1. WazirX Sets Aside Funds for Legal Costs Following July Cyberattack: WazirX, the Indian exchange that suffered a cyberattack in July resulting in the theft of hundreds of millions of dollars in crypto, has set aside millions of dollars to cover legal costs. The holding company of WazirX has filed an affidavit requesting a 30-day moratorium to stabilize the platform and prevent further legal disruptions. The exchange has suspended withdrawals and is working to restore user funds. (Decrypt)
2. Biden’s Crypto Crackdown Hits Custodia Bank: Workforce Reductions Announced: In response to the Biden administration’s intensified scrutiny on the crypto industry, Custodia Bank, a notable Wyoming-based financial institution catering to crypto businesses, has recently undergone a significant restructuring. Custodia Bank has made the decision to lay off nine of its 36 employees, a move aimed at conserving capital amidst mounting legal battles with the Federal Reserve (Fed). (Bitcoinist)
-Central Bank Digital Currencies-
1. Russia to Trial Cross-Border Crypto Payments Starting Next Week: Russia will begin trialing cross-border crypto payments next week in an effort to circumvent international sanctions. The legislation allows for cross-border payments with crypto, but the rules for such transactions are unclear. The central bank will oversee an "experimental" regime to determine how these payments will be conducted. (Decrypt)
-Institutional Concerns-
1. BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows: U.S. spot bitcoin exchange-traded funds recorded $71.73 million in net outflows on Thursday, extending their outflow streak to three days. BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, reported its first negative flows since May 1, with $13.51 million in net outflows (TheBlock)
-Economic Indicators-
1. US GDP Growth Revised Higher: Real gross domestic product (GDP) in the US grew at an annual rate of 3.0% in the second quarter of 2024, up from 2.8% in the initial estimate and 1.4% in the first quarter. The upward revision was mainly due to increased consumer spending (2.9% vs 2.3% earlier reported). (TradingEconomics)
-Security Incidents and Concerns-
1. Halliburton cyberattack linked to RansomHub ransomware gang: The attack caused widespread disruption, and customers couldn't generate invoices or purchase orders because the required systems were down. (BleepingComputer)
-Technology and Science-
1. Starlink's local bank accounts are frozen as X prepares to be shut down in Brazil: A judge in Brazil has blocked Starlink’s bank accounts in the country amid a deepening dispute with X. X owner Elon Musk has been feuding with Brazil Supreme Court judge Alexandre de Moraes for months over demands to block certain accounts in the country. The company closed down its operations in Brazil earlier this month as a result of the court orders. Now, Moraes is apparently attempting to use one of Musk’s other companies, SpaceX-owned Starlink, in an attempt to get X to comply with the court order. (Engadget)
-Bitcoin Community-
1. Bitcoin exchange reserves reach new yearly low amid $60K price retest: According to CryptoQuant data, Bitcoin reserves on exchanges have decreased by approximately 12.9% since Jan. 1, leaving 2.62 million Bitcoin across all major crypto exchanges. “The supply shock will come soon because this is not sustainable,” pseudonymous crypto commentator Bitcoin for Freedom told their 74,800 X followers, noting that the last seven days have seen 56,000 Bitcoin moved off crypto exchanges since Aug. 22. (CoinTelegraph)
2. Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million: A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. The report also shows a 32% increase in crypto users to 560 million and a 31% rise in BTC users to 275 million.(BitcoinCom)
3. Solo Bitcoin miner earns $200,000 (3.275 BTC) reward amid growing centralization concerns: Blockchain data confirms that the miner successfully mined block number 858,978 on the Bitcoin blockchain yesterday, which included 2,391 transactions. (CryptoSlate)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Up 5 pts)
Analyst Comments (AC): Running your own miner and node are 'freedom tech' moves. Consider mining Bitcoin as you just might win the reward as the article above reveals.
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____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report


BTC Daily Intelligence Bulletin (DIB)
Block: 858,079
DTG/ICOD: 1200Z 23Aug24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Court Upholds Maduro's Victory / Nuke Plant in Kursk Threatened By Drones / SCOTUS Rules AZ Voters To Show Citizenship Proof / New COVID Vaccines Recommended by CDC / RFK Wins Ruling Against Biden Admin / DeFi Making Comeback / Myanmar Currency Quickly Debased / Crowdstrike Facing Lawsuits / Rise In Pig Butchering Con Games / US Wants to Flood Taiwan Strait With Drones
Market Data: Price: 1 BTC= $60,818, 24.28 oz Gold, .14 Median US House
24hr Hi: $61,408 / Lo: $60,141
Vol: $24B (Down 30%)
Mkt Cap: $1.2T (Down 1%)
HashRate: 736 EH/s
Avg Fee Rate: 5 sats/vBtye (Up 67%)
Nodes: 19,259
---Reports---
-International Events-
1. Venezuelan court upholds Maduro’s disputed victory: Venezuela’s highest court has upheld the re-election of Nicolás Maduro as president following accusations of widespread voter fraud in July's poll. The decision by the Supreme Tribunal of Justice (TSJ) comes as the United Nations warned that the court lacked independence and impartiality. Mr Maduro has led the country since 2013 and his re-election means he can serve another six-year term. (BBC)
2. IAEA's Grossi to visit Kursk nuclear plant after drone attack: The International Atomic Energy Agency (IAEA) said on Thursday its Director General Rafael Grossi will assess the situation at Kursk nuclear power plant during his visit next week. IAEA also said it had been informed by the Russian Federation that the remains of a drone had been found within the Kursk nuclear power plant. Acting Kursk Governor Alexei Smirnov told Putin the situation at the Kursk plant was "stable." (Reuters)
-US Events-
1. Arizona can demand some voters prove citizenship, US supreme court rules: The US supreme court ruled Thursday that Arizona can partially enforce a new law that requires people to prove their citizenship in order to vote, but said the state cannot block them from voting for president or by mail as long as they used the federal voter registration form. The court’s emergency decision allows Arizona to require proof of citizenship from registrants who use the state’s voter registration form. But those who register using a federal voter registration form are still eligible to vote for president. The court also left in place a lower court injunction barring those who do not provide proof of citizenship from voting by mail for president. (TheGuardian)
2. FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days: The jabs target a strain called KP.2, a descendant of the highly contagious omicron subvariant JN.1 that began circulating widely in the U.S. earlier this year. The CDC recommended that everyone over 6 months old receive an updated Covid vaccine this year. Meanwhile, the CDC said about four people are being hospitalized for Covid for every 100,000 people in a given area. (CNBC) (AC-Even if the reader does not give credence to CDC/Big Pharma announcements like this, it is important to know that some do and whom may not know the risk/reward ratio of these vaccines.)
3. Judge Rules RFK Jr. Can Sue Biden Admin Over Censorship After Supreme Court Rejects Challenge From States: A federal judge on Tuesday ruled that Robert F. Kennedy Jr. can continue to pursue his lawsuit against the Biden administration over censorship at the direction of the government. According to District Court Judge Terry Doughty, Kennedy meets the standard set by the Supreme Court because there is "ample evidence" to show he was censored at the direction of government actors, and is at "substantial risk" that the censorship will continue. Kennedy was named by one of the "Disinformation Dozen" - and was specifically targeted by the government over what they alleged was COVID-19 misinformation, and "The Court finds that there is further risk for future risk injury here because Kennedy is a 2024 presidential candidate," wrote Doughty. (ZeroHedge) (AC-An interesting turn of events for RFK as we await his pending announcement today. This ruling could affect his potential drop-out and support of Trump.)
-Regulatory and Legal-
1. DeFi Is Set to Make a Comeback As Interest Rates, Stablecoin Supply Drive Its Resurgence: According to a report by Steno Research, decentralized finance (DeFi) is expected to make a comeback, with the total value locked (TVL) in the crypto ecosystem potentially reaching an all-time high in the first half of next year. The resurgence of DeFi is linked to interest rates, particularly in the U.S., as they influence the appeal of decentralized financial markets. Additionally, factors such as the growth in stablecoin supply and the continued expansion of real-world assets contribute to the revival of DeFi. (Decreypt) (AC-Ugh!)
-Central Bank Digital Currencies-
NSTR
-Institutional Concerns-
1. El Salvador adds 162 Bitcoins to national holdings: A cold wallet reportedly owned by the Salvadoran government has been buying one Bitcoin everyday since March 16, adding 162 coins to the country’s Bitcoin holdings. (CryptoNews)
-Economic Indicators-
1. US 10-Year Treasury Note Yield Steady Ahead Powell Speech: The yield on the US 10-year Treasury note stabilized at 3.85% on Friday, after briefly dipping to a 14-month low of 3.8% earlier in the week. Markets are closely watching to gauge the scale of potential rate cuts by the Federal Reserve this year. Fed Chairman Jerome Powell is set to speak at the Jackson Hole Economic Symposium. (TradingEconomics)
2. US Initial Jobless Claims Rise More than Expected: The number of people claiming unemployment benefits in the US rose by 4,000 from the previous week to 232,000 on the period ending August 17th, slightly ahead of market expectations of 230,000 to mark a three-week high. (TradingEconomics)
3. Myanmar households crippled as currency tumbles to record low: The Myanmar kyat has been extremely volatile in recent days, plunging to a low of 7,500 to the dollar in the black-market last week from 5,000 earlier in the month The plunge followed reports that the Myanmar junta was printing more kyat to prop up the currency, two traders said. “People are frantically buying (Thai) baht and selling kyat,” said a money transfer agent in Thailand. (AsashiShimbun) (AC- For those who study currencies and economics, the lessons come from around the world.)
-Security Incidents and Concerns-
1. CrowdStrike Faces Lawsuits From Customers, Investors: CrowdStrike (NASDAQ: CRWD) is facing lawsuits from investors and customers following the incident that caused massive global outages, but some believe the company is likely shielded from legal action. Roughly 8.5 million Windows devices worldwide entered a Blue Screen of Death (BSOD) loop on July 19 after CrowdStrike pushed out a bad update that was not properly tested. (SecurityWeek)
2. Pig Butchering Crypto Scams On The Rise: FBI Recovered $5 Million: Pig Butchering crypto scams have become the new preference of fraudsters where they pretend to be acquaintances, friends, or romantic partners. They make contacts and get close with the victim, running the fraud for weeks or even months, convincing the victim to invest in the scammer’s crypto. Once the victim invests, the scammers show sudden losses to ask for more or simply disappear. (CoinGape)
-Technology and Science-
1. AI drone ‘hellscape’ plan for Taiwan: The US army plans to combat a Chinese invasion of Taiwan by flooding the narrow Taiwan Strait with swarms of thousands and thousands of autonomous drones. “I want to turn the Taiwan Strait into an unmanned hellscape using a number of classified capabilities so that I can make their lives utterly miserable for a month, which buys me the time for the rest of everything,” US Indo-Pacific Command chief Navy Admiral Samuel Paparo told the Washington Post. (CoinTelegraph)
-Bitcoin Community-
1. Bybit emerges as dominant exchange with $2.5 billion BTC spot volume: Bybit's recent surge to a $2.5 billion spot volume on Aug. 22 has stunned the crypto community, consistently outperforming even the behemoth Binance in daily volumes. (CryptoSlate)
2. Bitcoin Fees Surge Above $100 as Native Staking Protocol Launches: Babylon Labs' launch of native staking capabilities for Bitcoin caused a surge in transaction fees early Thursday, with the median cost per transaction peaking at $132. Users rushed to stake their Bitcoin, leading to a fee bidding war and increased costs. Despite the inconvenience for standard Bitcoin users, this fee spike may benefit miners struggling in the current climate. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Down 5 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report

