BTC Daily Intelligence Bulletin (DIB)
Block: 890,703
DTG/ICOD: 1200Z 03Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hungary Withdraws From ICC / Israel Air Strikes Throughout Syria / Tariff Trade War Ignites / WA Roofing Company Raided by ICE / New LA Homeless Tax Confounds / WH Says 'Not so fast" on Elon Departure / FTX Bankruptcy Court Says 'No KYC, No Refund' / Anti-CBDC Bill Passes US Committee / JPMorgan Says Gold Still the Hedge King / Bitcoin, Stocks, Bonds All Dislike Tariffs / Rise in Job Cuts Due to DOGE / X Data Breach of Most Users / North Korea Infiltrates EU Crypto Industry / New Camera in Orbit Sees Far
Market Data: Price: 1 BTC= $82,859, 26.87 oz Gold, .19 Median US House
24hr Hi: $88,466 / Lo: $82,182
Vol: $54B (Up 95%)
Mkt Cap: $1.64T (Down 2%)
HashRate: 836 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 500%)
---Reports---
-International Events-
1. Hungary says it is withdrawing from ICC as Israeli leader visits: Hungary's government has decided to withdraw from the International Criminal Court, it said on Thursday, shortly after Israeli leader Benjamin Netanyahu, sought under an ICC arrest warrant, arrived in the country for a state visit. (Reuters)
2. In Warning To Turkey, Israel Strikes Several Bases Across Syria: Israel on Tuesday carried out several major airstrikes on Syria, including targeting the capital of Damascus, according to state agency SANA. Since Bashar al-Assad's ouster on December 8, Israel has conducted hundreds of strikes on army bases, weapons storehouses, and alleged chemical weapons sites. The timing of these fresh strikes is interesting especially given Turkey's growing closeness to the new Jolani regime. (ZeroHedge)
3. Trump Sparks Trade War With Sweeping Global Tariffs: US President Donald Trump ignited a potentially ruinous trade war Wednesday as he slapped sweeping 10 percent tariffs on imports from around the world and harsh additional levies on key trading partners. "For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike," Trump said. said that he was "very kind" and so was only imposing half the amount that the "worst offenders" taxed US exports. For the rest, Trump said he would impose a "baseline" tariff of 10 percent, including another key ally, Britain. (IBTimes) (AC-Do research before coming to a conclusion on this one-it is a nuanced issue.)
-US Events-
1. Immigration officials raid Washington state roofing company and arrest over 3 dozen people: ICE agents arrested 37 individuals at Mt. Baker Roofing in Bellingham on Wednesday.Authorities enforced immigration law, leading to the arrests for misrepresentation of immigration status. Owner Mark Kuske said federal actions targeting workers harm small businesses like his roofing company. (GroundNews) (AC-Shot across the bow for small businesses using illegal labor, this may effect many trades/industries throughout the US.)
2. Shock for L.A. Consumers as ‘Homeless Tax’ — Which They Voted for — Takes Effect: Consumers in Los Angeles County were shocked Tuesday as a new quarter-percent sales tax, ostensibly to raise funds for services for the homeless, went into effect following a referendum in November. L.A. residents recently learned that $2.3 billion spent on homeless services in Los Angeles had been unaccounted for — and the money had come from the same sales taxes that referendums like Measure A had been designed to fund. Two cities in the county, Lancaster and Palmdale, are now paying a sales tax of 11.25% — the highest in the U.S. (Breitbart) (AC-Funny, not funny.)
3. White House Responds to Report Elon Musk 'Will Leave Soon': White House press secretary Karoline Leavitt responded on social media platform X.
“This ‘scoop’ is garbage,” she wrote. Elon Musk and President Trump have both *publicly* stated that Elon will depart from public service as a special government employee when his incredible work at DOGE is complete. (WesternJournal)
-Regulatory and Legal-
1. FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown: Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March 3, 2025. He added that the exchange could disqualify up to $655 million in claims under $50,000 and around $1.9 billion in more significant claims if users fail to submit KYC documents. (CryptoSlate) (AC-This situation reminds us of the bitcoin maxim, 'Not your keys, not your coins'.
-CBDCs/World Currencies/Strategic Reserves-
1. Reintroduced anti-CBDC bill passes US House Financial Services Committee: The Anti-CBDC Surveillance State Act (H.R. 1919) passed voting in the U.S. House Financial Services Committee on Wednesday, with 27 in favor and 22 opposed. The bill, introduced by House Majority Whip Tom Emmer, R-Minn., aims to prevent the use of central bank digital currency for monetary policy and prohibit Federal Reserve banks from offering products and services directly to an individual. (TheBlock) (AC-There is still a lot of wiggle room for a nation-run digital currency.)
-Institutional Concerns-
1. JPMorgan says bitcoin's 'digital gold' narrative is under pressure, highlights gold's strength in debasement trade: "Bitcoin's volatility and correlation with equities raises questions over its 'digital gold' narrative," JPMorgan analysts said. "Looking forward, we see gold continuing to rise as the major beneficiary of the debasement trade." (TheBlock)
-Economic Indicators-
1. Trump’s Tariffs Erase $74B From Bitcoin’s Market Cap in Under an Hour: Trump’s Liberation Day tariffs send shockwaves through financial markets, triggering a $74 billion Bitcoin market cap drop, $2.5 trillion erased from the S&P 500, and $220 million in crypto liquidations. The Dow Jones futures plunge 1,100 points, while the Nasdaq 100 drops 900 points, marking one of the worst pre-market performances in recent history as investors scramble to reassess risk exposure. (BitcoinSensus)
2. US Job Cuts Hit Fresh 2020-Highs on DOGE Layoffs: US employers announced 275.240K job cuts in March 2025, the highest value since May 2020, compared to 172.017K in February. March 2025 figure is the third-highest monthly total ever recorded. “Job cut announcements were dominated last month by DOGE plans to eliminate positions in the federal government. (TradingEconomics)
3. US 10-Year Treasury Yield Falls as Tariffs Heightened Growth Concerns: The yield on the US 10-year Treasury note fell to 4.08% on Thursday, its lowest level since mid-October, as President Trump’s latest reciprocal tariff announcement triggered a broad flight to safety. (TradingEconomics)
-Security Incidents and Concerns-
1. Massive X Data Breach Exposes Information on 200 Million Users: A hacker named ThinkingOne exposed a 34GB file containing data of 201 million X users, combining information from a recent 2025 breach with email addresses from a 2023 leak. The breach allegedly originated from a disgruntled employee during mass layoffs. The leaked data includes user IDs, full names, locations, email addresses, follower counts, and profile data. While no passwords or payment information were exposed, the breach raises serious identity theft and impersonation risks for affected users. (GroundNews)
2. Google Uncovers North Korean Infiltration in European Crypto Firms: North Korean-linked IT workers have reportedly expanded their operations beyond the United States, targeting crypto, blockchain and web development projects in the United Kingdom and Europe, according to a new report from Google’s Threat Intelligence Group (GTIG). These individuals, operating under false identities, have allegedly embedded themselves into remote crypto, blockchain-related positions in order to generate revenue for the North Korean regime. (Bitcoinist)
-Technology and Science-
1. NASA’s SPHEREx Takes First Images, Preps to Study Millions of Galaxies: NASA’s SPHEREx (short for Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) has turned on its detectors for the first time in space. Initial images from the observatory, which launched March 11, confirm that all systems are working as expected. (NASA)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 25/100 (Up Down 19 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BV DIB
bv2a@bitcoinveterans.org
npub1q8e3...mplj
Bitcoin Veterans Auxiliary Unit whose mission is to bring you the Daily Intelligence Bulletin
All zaps go to Bitcoin Veterans
BTC Daily Intelligence Bulletin (DIB)
Block: 890,703
DTG/ICOD: 1200Z 03Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hungary Withdraws From ICC / Israel Air Strikes Throughout Syria / Tariff Trade War Ignites / WA Roofing Company Raided by ICE / New LA Homeless Tax Confounds / WH Says 'Not so fast" on Elon Departure / FTX Bankruptcy Court Says 'No KYC, No Refund' / Anti-CBDC Bill Passes US Committee / JPMorgan Says Gold Still the Hedge King / Bitcoin, Stocks, Bonds All Dislike Tariffs / Rise in Job Cuts Due to DOGE / X Data Breach of Most Users / North Korea Infiltrates EU Crypto Industry / New Camera in Orbit Sees Far
Market Data: Price: 1 BTC= $82,859, 26.87 oz Gold, .19 Median US House
24hr Hi: $88,466 / Lo: $82,182
Vol: $54B (Up 95%)
Mkt Cap: $1.64T (Down 2%)
HashRate: 836 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 500%)
---Reports---
-International Events-
1. Hungary says it is withdrawing from ICC as Israeli leader visits: Hungary's government has decided to withdraw from the International Criminal Court, it said on Thursday, shortly after Israeli leader Benjamin Netanyahu, sought under an ICC arrest warrant, arrived in the country for a state visit. (Reuters)
2. In Warning To Turkey, Israel Strikes Several Bases Across Syria: Israel on Tuesday carried out several major airstrikes on Syria, including targeting the capital of Damascus, according to state agency SANA. Since Bashar al-Assad's ouster on December 8, Israel has conducted hundreds of strikes on army bases, weapons storehouses, and alleged chemical weapons sites. The timing of these fresh strikes is interesting especially given Turkey's growing closeness to the new Jolani regime. (ZeroHedge)
3. Trump Sparks Trade War With Sweeping Global Tariffs: US President Donald Trump ignited a potentially ruinous trade war Wednesday as he slapped sweeping 10 percent tariffs on imports from around the world and harsh additional levies on key trading partners. "For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike," Trump said. said that he was "very kind" and so was only imposing half the amount that the "worst offenders" taxed US exports. For the rest, Trump said he would impose a "baseline" tariff of 10 percent, including another key ally, Britain. (IBTimes) (AC-Do research before coming to a conclusion on this one-it is a nuanced issue.)
-US Events-
1. Immigration officials raid Washington state roofing company and arrest over 3 dozen people: ICE agents arrested 37 individuals at Mt. Baker Roofing in Bellingham on Wednesday.Authorities enforced immigration law, leading to the arrests for misrepresentation of immigration status. Owner Mark Kuske said federal actions targeting workers harm small businesses like his roofing company. (GroundNews) (AC-Shot across the bow for small businesses using illegal labor, this may effect many trades/industries throughout the US.)
2. Shock for L.A. Consumers as ‘Homeless Tax’ — Which They Voted for — Takes Effect: Consumers in Los Angeles County were shocked Tuesday as a new quarter-percent sales tax, ostensibly to raise funds for services for the homeless, went into effect following a referendum in November. L.A. residents recently learned that $2.3 billion spent on homeless services in Los Angeles had been unaccounted for — and the money had come from the same sales taxes that referendums like Measure A had been designed to fund. Two cities in the county, Lancaster and Palmdale, are now paying a sales tax of 11.25% — the highest in the U.S. (Breitbart) (AC-Funny, not funny.)
3. White House Responds to Report Elon Musk 'Will Leave Soon': White House press secretary Karoline Leavitt responded on social media platform X.
“This ‘scoop’ is garbage,” she wrote. Elon Musk and President Trump have both *publicly* stated that Elon will depart from public service as a special government employee when his incredible work at DOGE is complete. (WesternJournal)
-Regulatory and Legal-
1. FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown: Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March 3, 2025. He added that the exchange could disqualify up to $655 million in claims under $50,000 and around $1.9 billion in more significant claims if users fail to submit KYC documents. (CryptoSlate) (AC-This situation reminds us of the bitcoin maxim, 'Not your keys, not your coins'.
-CBDCs/World Currencies/Strategic Reserves-
1. Reintroduced anti-CBDC bill passes US House Financial Services Committee: The Anti-CBDC Surveillance State Act (H.R. 1919) passed voting in the U.S. House Financial Services Committee on Wednesday, with 27 in favor and 22 opposed. The bill, introduced by House Majority Whip Tom Emmer, R-Minn., aims to prevent the use of central bank digital currency for monetary policy and prohibit Federal Reserve banks from offering products and services directly to an individual. (TheBlock) (AC-There is still a lot of wiggle room for a nation-run digital currency.)
-Institutional Concerns-
1. JPMorgan says bitcoin's 'digital gold' narrative is under pressure, highlights gold's strength in debasement trade: "Bitcoin's volatility and correlation with equities raises questions over its 'digital gold' narrative," JPMorgan analysts said. "Looking forward, we see gold continuing to rise as the major beneficiary of the debasement trade." (TheBlock)
-Economic Indicators-
1. Trump’s Tariffs Erase $74B From Bitcoin’s Market Cap in Under an Hour: Trump’s Liberation Day tariffs send shockwaves through financial markets, triggering a $74 billion Bitcoin market cap drop, $2.5 trillion erased from the S&P 500, and $220 million in crypto liquidations. The Dow Jones futures plunge 1,100 points, while the Nasdaq 100 drops 900 points, marking one of the worst pre-market performances in recent history as investors scramble to reassess risk exposure. (BitcoinSensus)
2. US Job Cuts Hit Fresh 2020-Highs on DOGE Layoffs: US employers announced 275.240K job cuts in March 2025, the highest value since May 2020, compared to 172.017K in February. March 2025 figure is the third-highest monthly total ever recorded. “Job cut announcements were dominated last month by DOGE plans to eliminate positions in the federal government. (TradingEconomics)
3. US 10-Year Treasury Yield Falls as Tariffs Heightened Growth Concerns: The yield on the US 10-year Treasury note fell to 4.08% on Thursday, its lowest level since mid-October, as President Trump’s latest reciprocal tariff announcement triggered a broad flight to safety. (TradingEconomics)
-Security Incidents and Concerns-
1. Massive X Data Breach Exposes Information on 200 Million Users: A hacker named ThinkingOne exposed a 34GB file containing data of 201 million X users, combining information from a recent 2025 breach with email addresses from a 2023 leak. The breach allegedly originated from a disgruntled employee during mass layoffs. The leaked data includes user IDs, full names, locations, email addresses, follower counts, and profile data. While no passwords or payment information were exposed, the breach raises serious identity theft and impersonation risks for affected users. (GroundNews)
2. Google Uncovers North Korean Infiltration in European Crypto Firms: North Korean-linked IT workers have reportedly expanded their operations beyond the United States, targeting crypto, blockchain and web development projects in the United Kingdom and Europe, according to a new report from Google’s Threat Intelligence Group (GTIG). These individuals, operating under false identities, have allegedly embedded themselves into remote crypto, blockchain-related positions in order to generate revenue for the North Korean regime. (Bitcoinist)
-Technology and Science-
1. NASA’s SPHEREx Takes First Images, Preps to Study Millions of Galaxies: NASA’s SPHEREx (short for Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) has turned on its detectors for the first time in space. Initial images from the observatory, which launched March 11, confirm that all systems are working as expected. (NASA)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 25/100 (Up Down 19 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 890,543
DTG/ICOD: 1200Z 02Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: WHO Hurting for Money / China's Xi Blocks Panama Port Sale / Russia Shuts Down Kazakhstan Oil Pipeline / Liberal Wins WI Court Seat / Tariffs Announced Today / Blackrock Approved for ETP in EU / USG to Announce Crypto Holdings / Circle Under Fire During IPO / Signal App Has Human Weakness / EU Want Encryption Keys and New FBI-like Powers / Starliner Flight Was Precarious / Coal Use Down With Bitcoin Miners / Are Hardware Wallets Keeping Bitcoin Adoption Down?
Market Data: Price: 1 BTC= $84,539, 27.12 oz Gold, .20 Median US House
24hr Hi: $85,487 / Lo: $82,550
Vol: $28B (Up 1%)
Mkt Cap: $1.67T (Up 1%)
HashRate: 830 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 50%)
---Reports---
-International Events-
1. WHO Facing $2.5-bn Gap Even After Slashing Budget: As the United Nations health agency has been bracing for the planned full US withdrawal next January, it has gradually shrunk its two-year budget for 2026-2027 from $5.3 billion to $4.2 billion. (IBTimes)
2. China Blocks Panama Canal Port Sale — Report Claims Xi Jinping Infuriated by Deal Sought Without His Approval: Chinese antitrust regulators on Friday blocked a deal by the Hong Kong-based CK Hutchison conglomerate to sell two ports along the Panama Canal to a consortium led by investment giant BlackRock. (Breitbart)
3. Russia Halts Large Chunk Of Kazakhstan's Oil Export Capacity: Russia has ordered shut two of the three moorings of the main oil export terminal on the Black Sea handling Kazakhstan’s oil exports, which could seriously disrupt Kazakh crude shipments if the suspension lasts more than a few days. The port handles most of Kazakhstan’s crude exports from giant oilfields in Kazakhstan operated by international oil firms, including U.S. supermajor Chevron. (ZeroHedge)
-US Events-
1. Liberal candidate wins Wisconsin Supreme Court race in blow to Trump, Musk: Susan Crawford won the Wisconsin Supreme Court race, defeating Brad Schimel, which maintains the 4-3 liberal majority on the court. Over $90 million was spent by the candidates and their allies during the race, making it one of the most expensive court races in U.S. History. Crawford's campaign received support from Planned Parenthood and emphasized Schimel's anti-abortion stance. Elon Musk and groups he funded contributed over $21 million to the election effort. (GroundNews)
2. Trump’s tariff strategy: Boost US production, reduce trade imbalances: Using economic pressure to force the world’s manufacturers to set up shop in the United States, President Trump hopes to slash the roughly $1.2 trillion annual trade deficit, boost national self-sufficiency, raise federal revenues, and unleash a jobs boom. On Wednesday, which he calls “Liberation Day,” he’s due to announce his reciprocal tariffs – taxing imported goods at levels that, the administration says, are equivalent to trade barriers that other nations impose on the U.S. (CSM)
-Regulatory and Legal-
1. BlackRock approved to offer crypto services in UK, expanding digital asset footprint: BlackRock's FCA approval restricts operations to ETP support, significantly narrowing its crypto asset activities. (CryptoSlate)
-CBDCs/World Currencies/Strategic Reserves-
1. US Government To Unveil Crypto Holdings: The US Government is expected to unveil its Bitcoin and altcoin holdings this week. The audit will bring clarity to the government's plan to include XRP, SOL & ADA to crypto reserves. The move could also expose the government's reserve management strategies. (CoinGape)
-Institutional Concerns-
1. Circle holds just 73 BTC, raising questions about its Bitcoin commitment amid $5 billion valuation: Circle’s crypto holdings show a surprising underweight position in Bitcoin and Ethereum. As of Dec. 31, 2024, the company held just 73 BTC, valued at roughly $6.78 million, and 1,746 ETH, worth about $5.82 million. These figures are notably small, especially compared to Tether’s 92,000 BTC, worth approximately $7.64 billion. (CryptoSlate) (AC-Circle is conducting an IPO, which is opening it up to disclosures and the resultant critical analysis.)
-Economic Indicators-
1. US Futures Steady as Markets Brace for Trump Tariffs: US stock futures held steady on Wednesday as investors awaited the implementation of President Donald Trump’s reciprocal and other tariffs. Treasury Secretary Scott Bessent reportedly assured lawmakers that the new tariffs would act as a “cap,” allowing countries to take measures to reduce them. (TradingEconomics)
-Security Incidents and Concerns-
1. Secure Messaging Apps Are Not as Safe as You Think, Says NSA: The NSA's latest alert, prompted by Google's Threat Intelligence Group, highlighted that Russia's GRU had influenced Ukrainian officials to provide access to their Signal accounts. This was not a result of Signal or other messaging apps' vulnerability, but resulted from users' behavior. The NSA's warning was stern. Users should alter their messaging settings to prevent such an occurrence. The first weak link is the Linked Devices. This option synchronizes your messages from more than one device. Take some time to review and unlink any unknown devices in your app's settings to avoid unauthorized use. Another one is the Group invite links, which are convenient for adding new members, but can share sensitive conversations with the wrong users. Signal provides disabling group links under group settings. (TechTimes) (AC-Conduct a security self-audit often to find these threat openings. Close them immediately!)
2. European Commission takes aim at end-to-end encryption and proposes Europol become an EU FBI: Among its aims is establishing Europol as “a truly operational police agency to reinforce support to Member States,” something potentially comparable to the U.S. FBI, with a role “in investigating cross-border, large-scale, and complex cases posing a serious threat to the internal security of the Union.” Alongside the new Europol, the Commission said it would create roadmaps regarding both the “lawful and effective access to data for law enforcement” and on encryption. (TheRecord) (AC-Centralization of power will continue in the EU until crisis hits hard.)
-Technology and Science-
1. Starliner’s flight to the space station was far wilder than most of us thought: As it flew up toward the International Space Station last summer, the Starliner spacecraft lost four thrusters. A NASA astronaut, Butch Wilmore, had to take manual control of the vehicle. But as Starliner's thrusters failed, Wilmore lost the ability to move the spacecraft in the direction he wanted to go. (Arstechnica) (AC-A dramatic read that may end up as a movie, though Boeing may squash it.)
-Bitcoin Community-
1. Bitcoin Mining’s Energy Shift: Coal Use Drops While Renewables Rise: Coal energy usage, which once made up 63% of Bitcoin’s mining energy in 2011, has now dropped dramatically to just 20% in 2024. This transition comes amid growing concerns over environmental impact and increasing pressure for sustainable mining practices. (Bitcoinist)
2. Hardware Wallets: Bitcoin’s Biggest Adoption Barrier: There are roughly half a billion crypto users around the world and, at the most generous estimate, only 2.5% are using hardware wallets. Hardware wallets’ underlying technology is essentially unchanged from the days when their primary utility was as a secure, offline keysafe. It’s the same with UX, with users still expected to write down their seed words and then squint at a tiny screen every time they want to approve a transaction. Hardware wallets’ continued reliance on closed, proprietary systems is not just a security nightmare: it’s also terrible for Bitcoin innovation and adoption. (BitcoinMag) (AC-Editorials usually don't make the DIB, but there are relevant facts in this article to Bitcoiners to consider and debate.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 44/100 (Up 10 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 890,391
DTG/ICOD: 1200Z 1Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: China Circles Taiwan / Hamas Spokesman Call to Arms Worldwide / Three of Four Missing Soldier Bodies Found / Milei Releases Nazi Docs / WI Court Election Today / States Cases Against Coinbase Dropped / CA Amendment May Protect Digital Asset Rights / Tether Buys More BTC / Tariff Day Weighs on Markets / Darknet Move Back to Bitcoin / ChatGPT Sees Spike / Brazilians Like Crypto / MIT Freedom Tech /
Market Data: Price: 1 BTC= $84,008, 26.79 oz Gold, .19 Median US House
24hr Hi: $83,476 / Lo: $81,725
Vol: $28B (Up 32%)
Mkt Cap: $1.66T (Up 2%)
HashRate: 831 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 88%)
---Reports---
-International Events-
1. Chinese military launches large-scale drills around Taiwan: The Chinese military announced large-scale drills in the waters and airspace around Taiwan on Tuesday that include an aircraft carrier battle group, as it again warned the self-ruled island democracy against seeking formal independence. Taiwan’s Ministry of National Defense said it had tracked 19 Chinese navy vessels in the waters surrounding the island in a 24-hour period from 6 a.m. (AP)
2. Hamas Issues Call To Arms Against Displacement As Israel Orders New Evacuations: A senior Hamas official urged supporters worldwide on Monday to take up weapons and fight plans to displace Gaza's people, as Israel issued a sweeping evacuation order in the territory's south, stepping up its renewed offensive. "In the face of this sinister plan -- one that combines massacres with starvation -- anyone who can bear arms, anywhere in the world, must take action," Sami Abu Zuhri said in a statement Monday. "Do not withhold an explosive, a bullet, a knife, or a stone. Let everyone break their silence." (IBTimes)
3. Bodies of three out of four US soldiers whose vehicle was submerged in Lithuania are recovered: The four soldiers were assigned to the 1st Armored Brigade, 3rd Infantry Division out of Fort Stewart, Georgia. Their identities are being until their families are notified. Search and recovery operations continue to find the fourth soldier, the statement said. (CNN)
4. Milei Releases Documents on Nazis in Argentina: Argentinian President Javier Milei has ordered the release of documents related to Nazis who fled to Argentina after World War II. These documents have sparked discussions and claims on social media that Adolf Hitler escaped to Argentina and lived there until the mid-1960s. (X)
-US Events-
1. Wisconsin Supreme Court Election: Schimel vs. Crawford: The Wisconsin Supreme Court election, taking place on April 1st, features candidates Brad Schimel and Susan Crawford. Recent polls indicate a close race, with Crawford at 50.8% and Schimel at 49.2%. The outcome of this election could influence the redistricting of congressional seats in Wisconsin, which may have implications for the control of the U.S. House of Representatives. Both candidates have been actively campaigning, with endorsements and calls for voter turnout being highlighted on social media platforms. (X)
-Regulatory and Legal-
1. Kentucky, South Carolina, and Vermont Have Now All Dismissed Lawsuits Against Coinbase: Kentucky has joined South Carolina and Vermont in dropping its lawsuit against Coinbase over staking services, citing violations of state securities laws. The move follows a trend of states retracting enforcement actions against the exchange, with seven states still pursuing legal action. (Decrypt)
2. California’s Amended Digital Assets Act Would Protect Crypto Payments, Self-Custody: Introduced on Friday, the new amendment from Democrat assembly member Avelino Valencia renames the bill as the Digital Assets Act. Its main focus is on authorizing individuals and businesses within California to accept cryptocurrencies as payment for goods and services, as well as in payments between private individuals. The amendment also prohibits “public entities from prohibiting, restricting, or imposing any requirements on that use,” while also preventing the state of California from imposing taxes on the use of crypto as payment for goods and services. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Tether bought 8,888 bitcoin in Q1, bringing its total holdings to $7.8 billion — the sixth largest in a single wallet: Stablecoin issuer Tether purchased an additional 8,888 bitcoin in the first quarter of 2025 for about $735 million, bringing its total holdings to 92,646 BTC, worth roughly $7.8 billion at current prices. (TheBlock)
-Economic Indicators-
1. Dollar Holds Steady Ahead of Fresh Tariffs: The US dollar index hovered around 104 on Tuesday, trading sideways as investors awaited the implementation of President Donald Trump’s reciprocal tariffs to gain clarity on the economic outlook. Uncertainty persists regarding the scope of the levies, as Trump has indicated they will apply broadly to all countries, while reports suggest he is urging advisors to take a more aggressive trade stance. (TradingEconomics)
-Security Incidents and Concerns-
1. It's Back to Bitcoin for Darknet Markets After Monero's Binance Delisting: Chainalysis: Darknet markets are returning to bitcoin as their primary cryptocurrency after privacy-focused coin monero was delisted from major exchanges including Binance. Only some 0.14% of all crypto transactions, or about $50 billion, involve illicit activity. (CoinDesk)
2. Firefox fixes flaw similar to Chrome zero-day used against Russian organizations: Mozilla has patched a critical security flaw in its Firefox browser, just days after Google addressed a similar vulnerability that had been exploited as a zero-day in espionage attacks against Russian organizations. The Firefox flaw, tracked as CVE-2025-2857, allows attackers to escape the browser’s sandbox protections and gain broader system access. (TheRecord)
-Technology and Science-
1. OpenAI Celebrates ChatGPT Earning 1M Users in Only an Hour—Is It Because of AI Image Generation: OpenAI CEO Sam Altman has shared a new post via X which details the latest milestone that the company is currently celebrating for ChatGPT, particularly as the chatbot platform saw one million users sign up in only an hour. The latest ChatGPT feature allows users to create AI-generated images directly from their prompts. (TechTimes)
-Bitcoin Community-
1. More Brazilians Invest in Cryptocurrency Than in Dollars, Gold and Stocks: The survey, commissioned by Coinbase and Hashdex, found that while savings accounts were Brazil’s most used investment instrument, cryptocurrency was more popular than other options, including stocks and gold, among Brazilians. (BitcoinCom)
2. The MIT Bitcoin Expo 2025: Freedom Tech: The MIT Bitcoin Club—a passionate coalition of students, alumni, researchers, and community members—presents the 12th annual MIT Bitcoin Expo (April 5–6, 2025), a landmark event exploring how Bitcoin and freedom technologies empower individuals worldwide. (BitcoinMag)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Even)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 890,239
DTG/ICOD: 1200Z 31Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: France's Le Pen Guilty of Embezzlement / Searches Continue After Asia Quake / Indiana University MIA After Federal Investigation / NM GOP HQ Firebombed / Trump Floats '3rd Term' / US Bank Exec Killed in Plane Crash / Trump's New Stablecoin Draws Concern / Japan Labels Crypto a Financial Product / Trump Family Enters Bitcoin Mining With Hut 8 / MARA Raises $2B for BTC Buys / Stock Futures Down on Tariff War / Federal Judge Personal Info Available Online / xAI Buys X, Intertwining AI and Social Media / Early Bitcoin Miner Billionaire Goes to Space / Hydro-Cooled ASICs Reign Hashrate
Market Data: Price: 1 BTC= $85,163, 26.28 oz Gold, .19 Median US House
24hr Hi: $83,245 / Lo: $81,293
Vol: $21B (Up 46%)
Mkt Cap: $1.62T (Down 1%)
HashRate: 820 EH/s
Avg Fee Rate: 16 sats/vBtye (Up 466%)
---Reports---
-International Events-
1. Marine Le Pen found guilty in EU funding embezzlement case: France's Marine Le Pen has been found guilty of misappropriating European funds to finance her far-right National Rally (RN) party, in a case which could lead to her being barred from standing in the 2027 presidential election. Le Pen was accused, along with more than 20 other senior party figures, of hiring assistants who worked on her RN party affairs rather than for the European Parliament which paid them. (BBC)
2. Search for quake survivors intensifies in Myanmar, Thailand; death toll expected to rise: Survivors were pulled out of rubble in Myanmar and signs of life were detected in the ruins of a skyscraper in Bangkok on Monday as efforts intensified to find people trapped three days after a massive earthquake in Southeast Asia that killed around 2,000. (Reuters)
-US Events-
1. Indiana University Professor Xiaofeng Wang Missing Amid Federal Searches: FBI and DHS agents searched two homes belonging to Indiana University Professor Xiaofeng Wang and Nianli Ma in Bloomington and Carmel. Wang, who managed $23 million in research projects over 21 years, was placed on administrative leave weeks before the raids. The prominent cryptography and cybersecurity expert has mysteriously disappeared, with his university profiles and contact information removed. Federal agents collected evidence for hours, but the nature of the investigation remains unclear. (GroundNews)
2. Headquarters of New Mexico Republican Party Targeted in ‘Deliberate Act of Arson’: “Early this morning, the entryway of the Republican Party of New Mexico’s headquarters in Albuquerque was destroyed in a deliberate act of arson which also included spray painting the words ‘ICE=KK,'” the party said. (Breitbart)
3. Trump Considers Third Term, Cites 'Methods': President Donald Trump has stated in an interview with NBC News that he is 'not joking' about the possibility of seeking a third term in office, despite the limitation set by the 22nd Amendment of the U.S. Constitution. Trump suggested that 'there are methods' for achieving a third term, but did not elaborate on what these methods might be. (Various)
4. US Bank executive Terry Dolan believed to be dead following plane crash near Minneapolis: Dolan, 63, became the company’s vice chair in 2023. He was in charge of marketing and analytics at the company, among other operations. (NYPost)
-Regulatory and Legal-
1. Trump’s USD1 stablecoin deepens concerns over conflicts of interest: World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. Observers have already begun to raise the alarm about the possible security risks posed by a stablecoin connected to the president. There are also concerns over the possibility of market manipulation and violations of the emoluments clause of the US Constitution. (CoinTelegraph)
2. Japan Aims to Reclassify Cryptocurrencies As Financial Products: Japan plans to reclassify cryptocurrencies as financial products, implementing insider trading restrictions similar to traditional markets. The proposed changes aim to revise the Financial Instruments and Exchange Act, differentiating digital assets from securities while recognizing their investment characteristics. (Decrypt)
3. Trump family enters Bitcoin mining industry with American Bitcoin 20% stake in Hut 8: Hut 8 has partnered with Eric Trump and Donald Trump Jr. to launch American Bitcoin, a new entity focused exclusively on industrial-scale Bitcoin mining and strategic reserve development. The venture emerged following Hut 8’s transfer of a substantial portion of its ASIC mining assets to American Data Centers Inc., which was subsequently renamed American Bitcoin. (CryptoSlate)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Bitcoin Miner MARA Raising $2 Billion With a Stock Offering to Buy BTC: The agreement allows them to sell up to $2 billion worth of MARA stock “from time to time,” with proceeds earmarked for “general corporate purposes, including the acquisition of Bitcoin and for working capital." (Decrypt)
-Economic Indicators-
1. US Futures Tumble: US futures tumbled on Monday, with S&P 500 contracts down 1.2%, Nasdaq 100 futures sinking 1.7%, and Dow Jones futures dropping about 300 points, as trade war concerns continued to weigh on the economic outlook and investor sentiment. Reciprocal tariffs are set to take effect on April 2nd, including a 25% levy on "all cars that are not made in the US." (TradingEconomics)
-Security Incidents and Concerns-
1. Personal info on federal judges is widely accessible online, leading to safety risks: More than half of U.S. appellate court judges examined in a recent study were shown to have their personal data, including home addresses, phone numbers, names of relatives and case rulings listed on people search sites. (TheRecord)
-Technology and Science-
1. Elon Musk Says xAI Acquired Social Media Platform X via Stocks, Signaling an 'Intertwined' Future: Musk claimed that the combination of both companies "values xAI at $80 billion and X at $33 billion ($45B less $12B debt)." The goal of this acquisition is to build a platform that would "not only reflect the world" but also help accelerate its human progress, which combines the artificial intelligence tech from xAI and human input via X. (TechTimes)
2. SpaceX is set to launch 4 people on a first-of-its-kind mission around Earth’s poles: Malta-based investor Chun Wang is financing the mission, who made his fortune with bitcoin mining operations, and he paid SpaceX an undisclosed sum of money to conduct this mission. The mission stands out because no humans have traveled directly over the Earth’s poles from space, which requires a flight path that’s far more fuel-intensive than chasing orbits closer to the equator. (CNN)
-Bitcoin Community-
1. Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025: Today’s top mining hardware now operates within a hashrate spectrum stretching from 400 terahash per second (TH/s) to 860 TH/s. While the Antminer S21e XP Hydro 3U unit flaunts 860 TH/s, it maintains an energy efficiency ratio of 13 joules per terahash (J/T). Unquestionably, liquid-cooled systems—be they immersion or hydro-powered—have emerged as the undisputed sovereigns in this thermal arms race, eclipsing antiquated airflow-reliant rivals. (BitcoinCom)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Down 10 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 889,825
DTG/ICOD: 1200Z 28Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Putin Negotiates on Ukraine / US Strike Houthis in Sanaa / Israel Hosts Antisemitic Conference / Trump EO Ends Collective Bargaining at NatSec Departments / Over 300 Student Visas Revoked at US Colleges / SEC Drops Most Crypto Cases / DOJ Takes Hamas' Crypto / Rep Tom Emmer Says Wyoming Stablecoin Just a CBDC / Gamestop Stock Drops on BTC News / BTC ETFs Still Inflowing / Stocks Down on Tariffs News / Decentralized Science (DeSci) Makes Entrance / Key Cancer Researcher Thinks Covid Shots Responsible for Aggressive Cancers / Trump, Bitcoin White Paper Video a Fake / Bitcoin Miners Look to AI for Diverse Income
Market Data: Price: 1 BTC= $85,163, 27.62 oz Gold, .20 Median US House
24hr Hi: $87,702 / Lo: $84,809
Vol: $31B (Up 20%)
Mkt Cap: $1.69T (Down 2%)
HashRate: 863 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 200%)
---Reports---
-International Events-
1. Russia’s Putin says North Korea, BRICS should join Ukraine ceasefire talks: Russian President Vladimir Putin said that Ukraine could be placed under a “temporary administration” as part of a peace process that could include help from North Korea and other Moscow allies, according to Russian state media. Putin also said he was ready to work with Europe, as well, although it was “acting inconsistently, constantly trying to fool us”. (AlJazeera)
2. Suspected US strikes pummel Houthi-controlled areas of Yemen: Initial reports from the Houthis described at least seven people being hurt in the attacks Friday in Sanaa, Yemen’s capital that the rebels have held since 2014. (AP)
3. Israel’s antisemitism conference draws Europe’s far-right leaders to Jerusalem: Thursday’s conference illuminated the increasingly strained relationship between Israel and its traditional allies in the West, which have grown uneasy with Israeli politics and the direction of the country’s devastating war in Gaza. (AP) (AC-Interesting note that any politician not considered globalist or statist is labeled 'far-right' numerous times in this article. Also interesting is Israel's continued narrative warfare strategy of antisemitism.)
-US Events-
1. Trump signs executive order to end collective bargaining at agencies involved with national security: President Donald Trump announced moves to end collective bargaining with federal labor unions in agencies with national security missions. The Civil Service Reform Act of 1978 was cited as giving Trump authority to end bargaining because of these agencies' roles in safeguarding national security. Unions have vowed to fight the move, which the White House called necessary to avoid obstruction of Trump's agenda to protect Americans. (GroundNews)
2. Secretary of State Marco Rubio Says 300 Foreign Students Had Visas Revoked: “Maybe more, it might be more than 300 at this point,” Rubio said. “We do it every day. Every time I find one of these lunatics, I take away their visa.” Rubio said he hopes the numbers rise as time goes on. (Breitbart)
-Regulatory and Legal-
1. SEC Officially Drops Cases Against Kraken, ConsenSys, Cumberland DRW, and Crypto(.)com: The SEC dismissed enforcement actions against Kraken, ConsenSys, and Cumberland DRW LLC, finalizing the decisions. The agency also closed its case against Crypto(.)com, part of a broader shift in U.S. crypto regulation. (Decrypt)
2. US Department of Justice Seizes $200K in Crypto Linked to Hamas: The U.S. DOJ seized $201,400 in cryptocurrencies intended for Hamas, uncovering a wallet with $89,900 and three accounts holding $111,500. These funds were used to launder over $1.5 million for Hamas since October 2024, part of a crackdown on illicit financing. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Rep. Tom Emmer Slams Wyoming Stablecoin as CBDC By Another Name: House Majority Whip Tom Emmer criticized Wyoming's plan to issue a stablecoin, expressing strong opposition to any government issuing a tokenized currency. Despite concerns about central bank digital currencies, Wyoming plans to launch its stablecoin, WYST, backed by reserves like U.S. Treasuries. (Decrypt)
-Institutional Concerns-
1. GameStop shares drop 22% after the retailer issues debt to buy bitcoin: The meme stock plunged 22.1%, following an almost 12% rally the previous session. The reversal came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes due in 2030 to buy bitcoin. “With GameStop already trading at more than 2x its cash holdings it is unlikely that its conversion of cash into Bitcoin will drive an even greater premium,” (CNBC)
2. Spot bitcoin ETFs report 10th straight day of net inflows, analyst says bitcoin demand persists: "This suggests that while institutions are not aggressively risk-on, there is still demand for bitcoin exposure in the market," said Min Jung, analyst of Presto Research. (TheBlock)
-Economic Indicators-
1. US Stocks Fall as Tariffs Concerns Weigh: US stocks closed lower on Thursday as investors reacted to President Trump's announcement of new tariffs on foreign-made autos, sparking concerns about a potential trade war and its broader impact on the global economy. The S&P 500 dropped 0.3%, the Dow Jones lost 155 points, and the Nasdaq 100 declined by over 0.5%. Trump's decision to impose a 25% tariff on imported cars, effective in April, heightened fears of escalating trade tensions, particularly with key trading partners like the EU and Canada. (TradingEconomics)
-Security Incidents and Concerns-
1. Sei Foundation looks to acquire bankrupt 23andMe in major DeSci move: In a statement released on March 27, the Foundation revealed that the acquisition would mark a significant step toward protecting genetic data through on-chain solutions. According to the Foundation: “We believe user data sovereignty is a matter of national security. When an American biotech pioneer faces bankruptcy, personal genomic data of millions becomes vulnerable to parties that may not share the same values of transparency and open access.” Sei believes its acquisition would allow individuals to gain complete control over their personal information by transitioning the company’s genetic records to a blockchain-based system. The organization sees the potential acquisition as a strategic push into Decentralized Science (DeSci), an emerging field that applies blockchain principles to scientific research and data management.(CryptoSlate) (AC-The DeSci moniker is relatively new and based upon the science industry's effort to open-source and 'blockchain' research, funding, and dissemination of scientific efforts. The shift compels continued observations.)
-Technology and Science-
1. Billionaire Cancer Researcher Says Covid & Vaccine Likely Causing Surge In Aggressive Cancers: Dr. Patrick Soon-Shiong - a transplant surgeon-turned-biotech billionaire renowned for inventing the cancer drug Abraxane, claims that the COVID-19 pandemic, and the very vaccines developed to fight it, may be contributing to a global surge in “terrifyingly aggressive” cancers. He tells (Tucker) Carlson that in 50 years of medical practice, it was extraordinarily rare to see cancers like pancreatic tumors in children or young adults, yet recently such cases are appearing. (ZeroHedge)
-Bitcoin Community-
1. Fake Video of Trump With Bitcoin Whitepaper in White House Goes Viral: A viral video shows a fake scene of Donald Trump revealing the Bitcoin whitepaper in the Oval Office, sparking discussions on his supposed embrace of crypto. The manipulated clip features Trump showcasing the whitepaper to Fox News host Laura Ingraham, creating a buzz on social media platforms. (Decrypt)
2. Bitcoin Miners Pivot to AI Data Centers to Manage Costs, New Opportunities: Bitcoin miners are exploring AI data centers due to increased competition and costs, with some pivoting infrastructure to meet AI demand. Transitioning to AI requires skill and care, as it involves significant energy consumption and operational differences compared to mining. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 44/100 (Up 4 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 889,667
DTG/ICOD: 1200Z 27Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Four US Soldiers Missing in Lithuania / US Lists Key Chinese Firms to Export Control / North Korea Send 3,000 More Troops / Appeals Court Uphold Deportation Hold / VA Sec Spars with CNN / DeFi-SEC Bill Heads to POTUS / Stablecoins Set to Disrupt Global Trade / Wyoming To Issue Own Stablecoin / Gamestop All-In on BTC Reserve, MSTR-Style / French Company Become BTC Reserve in EU / US Durable Goods Up, Stocks Down, UST Yields Up on Tariff War Moves / Canaan Mining Secures More Hash / How Much Bitcoin is Needed For Retirement?
Market Data: Price: 1 BTC= $87,054, 28.49 oz Gold, .20 Median US House
24hr Hi: $87,924 / Lo: $85,861
Vol: $26B (Down 11%)
Mkt Cap: $1.72T (Dwon 1%)
HashRate: 837 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 94%)
---Reports---
-International Events-
1. Search underway for 4 US Army soldiers missing in Lithuania: The search for four US soldiers who went missing during a training mission near Lithuania’s border with Belarus is ongoing, the US Army said Wednesday, after their armored vehicle was found submerged in a body of water. Emergency crews were digging into a swamp, which was drained after vehicle was discovered more than 5 meters down. (CNN)
2. US adds Chinese tech firms to its export control list, says they sought US knowhow for military use: China protested Wednesday after the U.S. added dozens of companies to its export control list, including more than 50 based in China that it says sought advanced knowhow in supercomputing, artificial intelligence and quantum technology for military purposes. Companies from Taiwan, Iran, Pakistan, South Africa and United Arab Emirates also were included in the roughly 80 companies added to the “entity list” of the Commerce Department’s Bureau of Industry and Security. (AP)
3. North Korea sent 3,000 more troops to Russia: North Korea sent around 3,000 additional troops to Russia in January and February in continued support for Russian President Vladimir Putin’s war on Ukraine, South Korea’s military said Thursday in its latest assessment. The South’s Joint Chiefs of Staff said North Korea has also been sending more missiles, artillery equipment and ammunition to help Russia and that North Korea could increase its weapons supplies further depending on the war situation. North Korea has sent approximately 11,000 military personnel to fight in the war against Ukraine in its first involvement in a large-scale conflict since the 1950-53 Korean War, and the Joint Chiefs assessed that around 4,000 of them have been killed or wounded. (AP)
-US Events-
1. US appeals court upholds block on Trump deportation of some Venezuelans: On Wednesday, a split three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit upheld a March 15 order, barring the Trump administration from deporting Venezuelan migrants to El Salvador.
The order, issued by U.S. District Judge James Boasberg, temporarily prohibited deportations under the Alien Enemies Act of 1798, which the Trump administration invoked for the first time since World War II, based on a presidential proclamation that designated the Tren de Aragua gang as an invading force. (GroundNews)
2. VA Secretary Confronts CNN Over Veteran Coverage: During a live interview on CNN's 'The Source', VA Secretary Doug Collins engaged in a tense exchange with anchor Kaitlan Collins. The conversation, which took place on March 26, 2025, centered around allegations of hostility towards veterans by CNN, specifically mentioning a $5 million defamation suit in Florida. (CNN, X) (AC-The terse exchange highlights the hostility by the MSM towards the current administration.)
-Regulatory and Legal-
1. Resolution to kill IRS DeFi broker rule heads to Trump’s desk: US President Donald Trump is expected to sign off on a resolution undoing a rule that requires DeFi protocols to report to US tax authorities. (CoinTelegraph) (AC-Other reporting notes the Sen E. Warren surprisingly does not like the new law.)
-CBDCs/World Currencies/Strategic Reserves-
1. Crypto Fund Manager: This Is The 'Single Largest Arbitrage In Human History': Investors from both traditional finance and the crypto world are increasingly aligning on the view that stablecoins represent one of the most significant business opportunities in a generation. "My suspicion is if you went and asked everyone in the world and they could answer the question without fear of political persecution, I suspect five to seven billion of them would say U.S. dollars, and crypto rails are going to be the mechanism by which you do so, and so I think there's a massive opportunity to get stablecoins in the hands of billions of people.” Fund Manager Kyle Managi said. (ZeroHedge)
2. Wyoming moves to launch the first state-issued 'stable token' in July: Testing on the token will begin in the next few weeks and a launch date is set for July. The token is to be redeemable for $1 held in a trust by the state and is interchangeable with the term stablecoins, according to the commission's website. Funds from issuing the token would then be placed into a trust and "shall invest funds exclusively in cash, United States treasury bills securities." (TheBlock)
-Institutional Concerns-
1. Gamestop Raising $1.3B to Advance Bitcoin Strategy, Echoing Michael Saylor's Blueprint: Gamestop is raising $1.3 billion to supercharge its bitcoin treasury strategy—despite holding $4.76 billion in cash—mirroring an aggressive, Microstrategy-style playbook. (BitcoinCom)
2. French Bitcoin Treasury Company Snaps up 580 BTC: The Blockchain Group, based in Puteaux, France, and listed on Euronext Growth Paris, announced March 26 that it acquired 580 BTC for about €47.3 million ($50.8 million). Alexandre Laizet, deputy CEO and director of bitcoin strategy at The Blockchain Group, describes the firm as “Europe’s First Bitcoin Treasury Company.” Laizet expressed his gratitude for Saylor, applauding his leadership in bitcoin strategy and acknowledging the influence of Metaplanet leaders like Dylan LeClair and Gerovich. (BitcoinCom)
-Economic Indicators-
1. U.S. Durable Goods Orders Surge Well Above Expectations in February: Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday. Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket items, particularly automobiles, computers, and machinery. (Breitbart)
2. Treasury Yields March Higher on Tariffs Concerns: The yield on the US 10-year Treasury note rose about 6 bps to 4.39% on Thursday, its highest level in nearly a month, as traders assessed the escalating trade war and its potential economic impact. The Trump administration announced a 25% tariff on "all cars not made in the United States," set to take effect on April 2, while President Trump warned of imposing "far larger" tariffs on the EU and Canada if they coordinate efforts to counter US trade measures. (TradingEconomics)
-Security Incidents and Concerns-
NSTR
-Technology and Science-
NSTR
-Bitcoin Community-
1. Canaan Advances North American Mining Strategy via New Agreements: Canaan (Nasdaq: CAN) entered a three-year colocation agreement with Mawson Infrastructure Group affiliate Mawson Hosting LLC for a Midland, Pennsylvania, facility. A separate 24-month hosting agreement covers a site in Edna, Texas. Most of the 4.7 EH/s Hashrate increase is expected to be operational by Q2 2025, according to the announcement. (BitcoinCom)
2. Analyst Reveals How Much Bitcoin Is Needed for Retirement in the US: According to Miles Deutscher on X, approximately 30 Bitcoin units may be required to retire comfortably in the United States. This estimation is based on the current Bitcoin price and Carl Menger’s economic principles. Notably, these principles evaluate purchasing power and wealth sustainability. As of this writing, market data shows that Bitcoin was trading at approximately $86,620 per BTC. At this valuation, 30 BTC units would be worth around $2.6 million, a figure estimated as enough for retirement in the country. (CoinGape) (AC-Though 30 BTC may seem unattainable for many, the principles based on retirement are well-grounded and empirical. The assessment does not take into account the 61.3% 5-year CAGR however, revealing that much less BTC would be necessary based on individual retirement timelines.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 40/100 (Down 7 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 889,521
DTG/ICOD: 1200Z 26Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Palestinians Protest Against Hamas / Russia, Ukraine Agree on Black Sea / US SECDEF Meets Philippine Leadership / Trump EO Mandates Proof of Citizenship for Voting / Trump Advisor Waltz Takes Responsibility for Chat Snafu / SEC Sets Roundtables for Crypto Talks / Congress to Vote on Dropping Broker Rule for De-Fi Firms / NC to Vote on Bitcoin Reserves / StableCoin Use Up / GameStop Adopts Bitcoin / Chinese Hackers in Telecoms for Years / USG Looks to Starlink for Rural Areas / Zambia Bitcoin Mine Pairs Well with Stranded Hydro Power
Market Data: Price: 1 BTC= $88,058, 29.05 oz Gold, .20 Median US House
24hr Hi: $88,542 / Lo: $86,997
Vol: $28B (Down 12%)
Mkt Cap: $1.74T (Up 1%)
HashRate: 842 EH/s
Avg Fee Rate: 13 sats/vBtye (Up 325%)
---Reports---
-International Events-
1. Hundreds of Palestinians in Gaza protest against Hamas after conflict resumes: Hundreds of Palestinians have protested in northern Gaza to demand an end to war and chanting "Hamas out," social media posts showed, in a rare public show of opposition to the militant group that sparked the latest war with its October 7, 2023 raid on Israel. (Reuters)
2. Russia, Ukraine agree to truce at sea and ban on energy attacks: The United States has reached agreements with both Ukraine and Russia to ensure safe navigation and eliminate the use of force in the Black Sea, according to statements from the White House. While naval hostilities may cease, the agreement does not end the ongoing land conflict in Ukraine, emphasizing the need for a durable peace. (GroundNews)
3. Pentagon chief to visit Philippines for security talks: Hegseth will be in Manila on March 28-29 to meet his Philippine counterpart, Gilberto Teodoro, and President Ferdinand Marcos Jr. Talks will touch on increasingly assertive actions by Beijing in the South China Sea and “more significant support” to Philippine security forces by the Trump administration. (DefenseNews)
-US Events-
1. Trump Signs Executive Order Mandating Proof Of Citizenship In Major Election Overhaul: U.S. President Donald Trump, on Tuesday, signed an executive order that would require voters to provide proof of U.S. citizenship at the polls and seeks to block states from counting mail-in ballots received after Election Day. The order also seeks to reduce federal funding for states that do not comply with the new rules, a release from White House said. (IBTimes)
2. Trump Advisor Waltz Takes Responsibility For Yemen Chat Leak: National Security Advisor Mike Waltz accepted "full responsibility" for mistakenly adding Journalist Jeffrey Goldberg to a group chat discussing strikes against Houthi rebels in Yemen, as reported by Fox News. Waltz indicated that an investigation into the information leak is ongoing, and he emphasized that some of the "best technical minds" are involved. (GroundNews)
-Regulatory and Legal-
1. SEC's Crypto Task Force to Hold More Roundtables for Clearer Industry Regulations: The SEC's Crypto Task Force will host four roundtables on crypto regulation from April to June to create clearer rules for the industry. Commissioner Hester Peirce leads the task force to understand current regulatory issues and potential solutions. (Decrypt)
2. Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on March 28: The US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service’s (IRS) broker reporting rule for DeFi operators. If approved, the resolution could be sent to President Donald Trump’s desk as early as March 28 for signing. (CryptoSlate)
-CBDCs/World Currencies/Strategic Reserves-
1. North Carolina bills would add crypto to state’s retirement system: North Carolina lawmakers have introduced twin bills in the House and Senate which could see up to 5% of crypto assets allocated to state retirement funds. (CoinTelegraph)
2. USDC stablecoin supply surpasses all-time high, topping $60 billion market cap: Circle’s USD Coin (USDC) stablecoin has surpassed a market cap of $60 billion, its record high. The overall market cap for stablecoins has also reached new highs, exceeding $230 billion. (TheBlock)
-Institutional Concerns-
1. GameStop Adds Bitcoin to Treasury: GameStop has announced the inclusion of Bitcoin in its treasury reserve assets, a decision that has led to a significant increase in its stock price during pre-market trading. With approximately $4.75 billion in cash, GameStop's move positions it as the second-largest publicly-listed company holder of Bitcoin, following Strategy. (Various)
-Economic Indicators-
1. S&P 500, Nasdaq Rise for 3rd Day: The S&P 500 rose 0.1% on Tuesday, and the Nasdaq gained 0.5%, marking their third consecutive session of gains. The Dow Jones remained flat as investors weighed the impact of looming tariffs and economic uncertainty. (TradingEconomics)
2. US Home Prices Rise at Faster Pace in January: The S&P CoreLogic Case-Shiller 20-city home price index in the U.S. rose 4.7% year-on-year in January, up from 4.5% in December, but falling short of the expected 4.8% increase. (TradingEconomics)
-Security Incidents and Concerns-
1. Chinese Hackers Breach Asian Telecom, Remain Undetected for Over 4 Years: A major telecommunications company located in Asia was allegedly breached by Chinese state-sponsored hackers who spent over four years inside its systems, according to a new report from incident response firm Sygnia. The cybersecurity company is tracking the activity under the name Weaver Ant, describing the threat actor as stealthy and highly persistent. The name of the telecom provider was not disclosed. (HackerNews)
-Technology and Science-
1. US Commerce Secretary: Prioritize Starlink in Rural Areas, Satellite Internet Over Broadband: The current United States Commerce Secretary, Howard Lutnick, has recently spoken to leaders of the government's rural broadband initiative. Here, he urged them to "prioritize" Starlink. (TechTimes)
-Bitcoin Community-
1. Bitcoin in the bush - the crypto mine in remote Zambia: We're in the far north-western tip of Zambia near the border with the DRC, and of all the bitcoin mines I've visited - this one is the strangest. Philip's mine is plugged directly into a hydro-electric power plant that channels some of the Zambezi's torrent through enormous turbines to generate continuous, clean electricity. More importantly for bitcoin mining - it's cheap. The power plant provides power for around 15,000 people in the local area but was a economic loss until Bitcoiners set up shop. (BBC) (AC-Great article on the benefits of bitcoin mining on stranded electricity areas.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 47/100 (Up 1 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 889,364
DTG/ICOD: 1200Z 25Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Ukraine Talks Resume / Two Journalists Killed in Gaza / 'Moonies' Church Ordered Closed in Japan / NatSec Officials Accidentally Add Liberal Journalist to Signal Chat / Dr. Susan Monarez Nominated for CDC Director / US Crypto Czar Meets With UAE / New KY Law Protects Self-Custody / Binance Insider Fired Over Pre-Trading / Tornado Cash Free From US Sanctions / Blackrock BTC ETP Opens in EU / Bitcoin Stocks Up / MSTR Over 500K BTC / Stocks Up / 23andMe Data Up for Grabs / Carbon Molecules Found on Mars / Bitcoin Whales on the Move
Market Data: Price: 1 BTC= $87,267, 28.90 oz Gold, .20 Median US House
24hr Hi: $88,758 / Lo: $86,346
Vol: $32B (Up 47%)
Mkt Cap: $1.73T (Even)
HashRate: 834 EH/s
Avg Fee Rate: 4 sats/vBtye (Up 25%)
---Reports---
-International Events-
1. US, Ukraine Officials In New Saudi Talks, No Breakthrough With Russia: Washington and Kyiv held brief talks in Saudi Arabia on Tuesday, a day after hours of US-Russia negotiations on halting the fighting in Ukraine ended without any breakthroughs announced. (IBTimess)
2. Two Journalists Killed in Gaza Strikes: Two journalists, Hossam Shabat from Al Jazeera and Mohammad Mansour from Palestine Today, were killed in separate Israeli attacks in Gaza on March 24, 2025. The attacks come amidst a renewed offensive in the region, with Shabat and Mansour reportedly targeted while covering the conflict. (X)
3. A court orders the dissolution of the Unification Church in Japan: A court ordered the dissolution of the Unification Church in Japan, upholding a government request for a revocation spurred by the investigation into the 2022 assassination of former Prime Minister Shinzo Abe. The Tokyo District Court’s revocation of the church’s legal status means it will lose its tax-exempt privilege and must liquidate its assets. (CNN)
-US Events-
1. Trump Officials Accidentally Add Journalist to Signal Chat on Yemen Strikes: An American reporter was accidentally included in a group chat discussing airstrikes on Yemen's Iran-backed Houthis by officials in Donald Trump's government, including US Vice President JD Vance and Defence Secretary Pete Hegseth. Jeffrey Goldberg, editor-in-chief of The Atlantic, noted that many celebrated the strikes with messages like 'good job' and 'God bless.' The White House confirmed the incident and stated they are reviewing how an inadvertent number was added to the chain, according to National Security Council spokesman Brian Hughes. Goldberg was aware of the strikes two hours before they occurred, indicating a breach in communication protocol. (GroundNews)
2. Dr. Susan Monarez Nominated for CDC Director Role: Dr. Susan Monarez has been nominated by President Trump to serve as the next Director of the Centers for Disease Control and Prevention (CDC). Her appointment has stirred controversy among some groups advocating for different public health leadership, such as those supporting Dr. Joseph Ladapo. (X)
-Regulatory and Legal-
1. White House Crypto Czar Meets UAE Leader: White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. Bringing together a senior U.S. technology policymaker and one of the Gulf region’s primary decision-makers, the session highlighted an emerging pattern of bilateral engagement around complex digital ecosystems. (BitcoinCom)
2. New Kentucky Law Secures Bitcoin and Ethereum Self-Custody Rights: House Bill 701 in Kentucky provides enhanced protections for individuals who self-custody Bitcoin and other cryptocurrencies, ensuring full control over private keys. The unanimous support from the House and Senate reflects the state's commitment to safeguarding crypto rights. (Decrypt)
3. Binance suspends staff, bans market maker to tackle insider trading and manipulation: On March 25, Binance Wallet confirmed the suspension of an employee who engaged in front-running trades using privileged information. The individual previously held a business development role at BNB Chain, which granted them access to sensitive details, including upcoming token launches. (CryptoSlate)
4. US Treasury Removes Tornado Cash From OFAC Sanctions List: The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. (BitcoinMag)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. BlackRock Will List Its First Crypto ETP in Europe With Reduced Fee: BlackRock, the asset manager of the largest U.S. spot bitcoin ETF, will launch its first crypto ETP in Europe. (CoinDesk)
2. Strategy, Coinbase Shares Surge Alongside Bitcoin Mining Firms as Markets Rebound: On Monday, Strategy (formerly MicroStrategy) saw a more than 10% increase in share price, closing at $335.72, while Coinbase rose by 7% to $203. Bitcoin mining companies like CleanSpark, Riot Platforms, and MARA Holdings also experienced significant gains. (Decrypt)
3. Strategy Bitcoin Holdings Exceed 500,000 Coins After Recent Stock Sales: Strategy, formerly MicroStrategy, disclosed holding over 500,000 Bitcoin valued at $44.2 billion after recent stock sales. The company bought Bitcoin at an average price of $84,500 per coin, slightly higher than previous purchases. (Decrypt) (AC-One half of Satoshi's stack...)
-Economic Indicators-
1. US Futures Steady After Strong Rally: US stock futures held steady on Tuesday following a strong rally in major indices, fueled by hopes that the Trump administration may take a more targeted approach to tariffs. On Monday, the Dow climbed 1.42%, the S&P 500 jumped 1.76%, and the Nasdaq surged 2.27%.(TradingEconomics)
-Security Incidents and Concerns-
1. 23andMe files for bankruptcy, putting customers’ genetic data at risk: The genetic testing company 23andMe has begun Chapter 11 bankruptcy proceedings, alarming regulators and privacy advocates who are warning customers to delete genetic information retained by the company. (TheRecord)
-Technology and Science-
1. Largest Carbon Molecules Found on Mars Build The Case For Ancient Life: Chains of up to a dozen carbon atoms have been detected in what appears to have been an ancient lakebed on Mars, contributing to a growing library of compounds that could be a vital clue about the history of life on the red planet. The finding was made by a sampling instrument on NASA's Curiosity rover, with an international team confirming the results in a laboratory here on Earth. (ScienceAlert)
-Bitcoin Community-
1. Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years: A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months. Data shared by the firm shows the whale holds over 15,000 Bitcoin in its wallet, worth over $1.3 billion, at current prices. Another Bitcoin whale has woken up after eight years of dormancy, moving over 3,000 Bitcoin, worth $250 million, in one transaction on March 22. (CoinTelegraph)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 46/100 (Up 1 pts)
Analyst Comments (AC): Although uncertainty still exists in global geopolitics, it seems that markets and investors are beginning to rationalize the actions of the Trump administration, which have stirred up turmoil for the last few months.
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 889,225
DTG/ICOD: 1200Z 24Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: South Korean President Reinstated / Venezuela to Accept Deportees After Chevron Deal / Mrs. Vance Visits Greenland / Ex-US Attorney Found Dead / Shootout at Car Show in Las Cruces / South Korea Central Bank Goes for CBDC / New BTC ETFs in Europe / Markets Steady / New EO Aims to Share USG Interagency Data / SpaceX To Launch Classified Mission
Market Data: Price: 1 BTC= $87,681, 28.94 oz Gold, .20 Median US House
24hr Hi: $87,878 / Lo: $84,586
Vol: $22B (Up 125%)
Mkt Cap: $1.73T (Up 3%)
HashRate: 839 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 50%)
---Reports---
-International Events-
1. South Korean Prime Minister Han Duck-soo reinstated as acting president after impeachment overturned: South Korea has been thrown into huge political turmoil, since Yoon, a conservative, declared martial law on Dec. 3 and sent hundreds of troops to the liberal-controlled National Assembly and other places in Seoul. Yoon’s decree lasted only six hours as enough lawmakers managed to enter an assembly hall and voted it down quickly. (AP) (AC-The high court voted to reinstate him for now until the martial law charges are tried in court. It's a tumultuous time for one of the US' favored allies.)
2. Venezuela to Accept Deportees Again Following New Deal With Trump: Flights to Venezuela started in February after an initial agreement was reached. Then they were stopped in March by the Venezuelan President Nicolás Maduro. Now, after an apparent new agreement, flights are set to resume. Last weekend, Maduro announced that the agreement and planned deportation flights were "affected" by the administration's cancellation of Chevron's oil license, (IBTimes)
3. Second lady Usha Vance to visit Greenland: Second lady Usha Vance will visit Greenland later this week, the White House announced Sunday, the most high-profile visit yet as the Trump administration eyes the Danish territory. The trip was denounced Monday by Greenland Prime Minister Mute Egede, who said Washington was interfering in Greenland's internal affairs, according to the French news agency AFP. "It should be said clearly that our integrity and democracy must be respected without foreign interference," AFP quoted Egede as saying, adding that it "cannot be seen as just a private visit." (CBS)
-US Events-
1. Ex-US Attorney Jessica Aber Found Dead in Virginia: Jessica Aber, the former U.S. Attorney for the Eastern District of Virginia, was discovered deceased in her Alexandria home on the morning of March 22, 2025. She had served in her position from 2021 until her resignation in January 2025. The Alexandria Police are currently investigating the circumstances of her death, with the cause to be determined by the Virginia Chief Medical Examiner. (Various)
2. Police in New Mexico say 3 dead, 14 injured in shooting at park in Las Cruces: The shooting occurred during a car show, with around 200 people in attendance, according to police. Las Cruces Police Chief Jeremy Story reported that the altercation between two groups escalated to gunfire, with 50 to 60 shell casings recovered. (TrheGround)
-Regulatory and Legal-
1.
-CBDCs/World Currencies/Strategic Reserves-
1. Bank of Korea rejects BTC reserve, announces CBDC tests: The Bank of Korea (BoK), the central bank of South Korea, will launch a real-world transaction experiment for its retail CBDC starting next month. Around 100,000 participants will be able to convert their bank deposits into a digital currency called “deposit tokens” and use them for payment at affiliated merchants. (CoinGeek)
-Institutional Concerns-
1. Bitcoin, XRP drive $644 million inflow, ending 5 weeks crypto ETP outflow streak: Crypto-related exchange-traded products (ETPs) ended their five-week outflow streak, recording strong weekly inflows of $644 million. James Butterfill, Head of Research at CoinShares, noted that the trend reversal reflects a marked improvement in investor sentiment across the digital asset sector. (CryptoSlate)
2. 21Shares Launches Bitcoin, Solana, & XRP ETPs In Europe: The leading asset management firm 21Shares has expanded its foothold into Europe with its latest crypto products. According to the recent announcement, the firm has listed Bitcoin Core ETP (CBTC), the Solana Staking ETP (ASOL), and the XRP ETP (AXRP) on Nasdaq Stockholm. (CoinGape)
-Economic Indicators-
1. Dollar Steady as Markets Weigh Trump Tariffs: The US dollar index remained firm above 104 on Monday as investors awaited further clarity on President Donald Trump’s trade policies ahead of the April 2 deadline for his reciprocal tariffs. Trump suggested on Friday that there could be “flexibility” in the plan, while weekend reports indicated that the tariffs may be narrower in scope, potentially sparing some industries. (TradingEconomics)
-Security Incidents and Concerns-
1. Trump order on information sharing appears to have implications for DOGE and beyond: A new executive order from President Donald Trump aims to expand information-sharing across federal agencies as well as between federal and state governments, but civil libertarians and other experts are warning that the main purpose is to help normalize how the Department of Government Efficiency is handling government data. The order, issued Thursday, directs all federal agency heads to modify or rescind any regulations preventing the sharing of unclassified data and records between federal agencies. (TheRecord)
-Technology and Science-
1. SpaceX targets launch from Florida as part of ‘classified mission’: According to the Kennedy Space Center, the NROL-69 launch is part of a “classified mission” for the National Reconnaissance Office — a federal intelligence agency responsible for operating recon satellites. The launch is targeting Monday at 1:48 p.m., though a backup opportunity will be available on Tuesday at 1:34 p.m. if needed.(ClickOrlando)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 45/100 (Up 10 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 887,157
DTG/ICOD: 1200Z 10Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Banker Carney Wins Race to Replace Trudeau / Massacres in Syria Draw Condemnation / German Worker Strikes Ground Most Flights / USSS Shoots Suicidal Man Near White House / Small Plane Crashes in PA / ICE Arrests Columbia Student, May Deport / WH Summit Reveals Bitcoin-Crypto Divide / Utah Passes Bitcoin Bill, Not Reserve / HUD Exploring Crypto Payments / Coinbase Possible US SBR Custodian / South Korea Looks at SBR Too / El Salvador Buys More BTC / Bitcoin in Buying Range / Stocks Under Pressure / US Cyber Poised for More Offense / NASA Explores Mars Rocks / Only 4% of World Holds Bitcoin, 14% in US
Market Data: Price: 1 BTC= $83,336, 28.76 oz Gold, .19 Median US House
24hr Hi: $84,665 / Lo: $80,052
Vol: $45B (Up 189%)
Mkt Cap: $1.65T (Down 1%)
HashRate: 805 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Banker Mark Carney Wins Race to Lead Liberal Party, and Canada: The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election. “America is not Canada. And Canada never, ever will be part of America in any way, shape or form,” Mr. Carney said in his acceptance speech, (NYTimes)
2. White House Condemns 'Radical Islamist Terrorists' Currently Attacking Syria's Alawites & Christians: The Trump administration on Sunday issued a statement of condemnation in response to the ongoing sectarian killings in Syria under the Jolani regime, which has also included foreign fighters going door to door and killing non-Sunni Muslims and in some instances Christians in and around Latakia on the coast. Since Thursday and Friday over 1,000 civilians have been killed - though some regional correspondents say the numbers could be in the multiple thousands. (ZeroHedge)
3. Airport strike to all but freeze German air travel on Monday: More than half a million people are facing travel disruption at German airports on Monday where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers' pay.
The operator of Frankfurt airport, Germany's busiest, said no passenger flights would depart from there on Monday, with delays and cancellations also possible on Tuesday. (Reuters)
-US Events-
1. Secret Service shoots armed man in confrontation near White House: The USSS shot an armed man after being alerted about a suicidal individual by local police. He is still hospitalized. (GroundNews)
2. Small plane crashes with 5 aboard in Pennsylvania: The plane had just departed from the airport shortly before it crashed, authorities said during a briefing on Sunday evening, adding that the plane might have skidded about 100 feet after it first made contact with the ground. (ABC)
3. ICE Arrests Radical Pro-Palestinian Activist at Columbia; May Face Deportation: U.S. Immigration and Customs Enforcement (ICE) arrested Mahmoud Khalil, a Palestinian activist who graduated from Columbia University and led radical protests there, on Saturday, a sign of a Trump administration crackdown. (Breitbart)
-Regulatory and Legal-
1. White House Draws Line Between Bitcoin And Digital Assets At Its First Crypto Summit, In EO: From this day on, America will follow the rule that everyone in Bitcoin knows very well — never sell your Bitcoin.” -President Donald Trump, 3/7/25 at inaugural White House Crypto Summit. The President of the United States is now reciting popular Bitcoin maxims as they pertain to America’s bitcoin stack. (BItcoinMag)
2. Utah’s Senate passes Bitcoin bill — but scraps key provision: Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin, run a node and participate in staking, among other things. The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law. (CoinTelegraph)
3. US Department of Housing considers crypto and blockchain usage: The HUD has held meetings to discuss the possibility of using crypto and blockchain in some of its operations, ProPublica reported. Such an experiment could serve as a trial run for broader crypto adoption across the federal government, two officials told the publication. (TheBlock)
-CBDCs/World Currencies/Strategic Reserves-
1. Will Coinbase Be the Custodian of the U.S. Bitcoin Reserve?: Coinbase CEO Brian Armstrong expressed enthusiasm, citing regulatory clarity as a game-changer for the industry and hinting at potential involvement in the U.S. Bitcoin Reserve. (BitcoinSensus)
2. South Korea Considers Adding Bitcoin to Reserves, Develop a Won-Backed Stablecoin: South Korean financial experts and opposition politicians discussed integrating Bitcoin into national reserves and creating a won-backed stablecoin at a recent forum. The event analyzed responses to U.S. plans for a Bitcoin Reserve, with calls for clear policies in South Korea. (Decrypt)
-Institutional Concerns-
1. El Salvador continues accumulating bitcoin and now holds 6,111 BTC despite IMF pressure: The Central American nation acquired an additional 6 BTC on Sunday, boosting its total holdings to 6,111.18 BTC. The country agreed to scale back the public sector’s bitcoin activities in a deal with the IMF for a $1.4 billion loan. (TheBlock)
-Economic Indicators-
1. Bitcoin Dips to $80K Shedding $110B From It’s Market Cap in 24 Hours: Since Friday, BTC’s market valuation has been trimmed by roughly $200 billion, with $110 billion of that reduction occurring within the last 24 hours. (BitcoinCom)
2. US Futures Sharply Lower: US stock futures dropped sharply on Monday, with contracts on the three major indexes falling nearly 1%, extending last week's losses when the S&P 500 posted its worst weekly performance since September. Concerns over the US growth outlook continue to mount. (TradingEconomics)
-Security Incidents and Concerns-
1. White House cyber director’s office set for more power under Trump: President Donald Trump’s selection of Sean Cairncross to lead the office signals that the administration plans for ONCD to run point on cyber policy across the executive branch during Trump 2.0, they said. Cairncross is widely expected to win Senate confirmation. The choices of Alexei Bulazel, Emily Goldman and JD Work to staff the NSC’s cyber office underscore that the Trump administration intends to ramp up offensive cyber operations, Lewis said. National security adviser Michael Waltz is a proponent of being more aggressive against adversaries in cyberspace. (TheRecord)
-Technology and Science-
1. NASA’s Perseverance Rover Just Smooshed a Rock on Mars and Uncovered Hidden Clues: The resulting SHERLOC spectral scan of these fresh tailings — which include serpentine, a mineral of key astrobiological interest — was a success. (SciTechDaily)
-Bitcoin Community-
1. Only 4% of the world's population holds Bitcoin in 2025: Only 4% of the global population currently holds Bitcoin, with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while Africa is currently the lowest at only 1.6%. (CoinTelegraph)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 20/100 (Down 14 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 886,726
DTG/ICOD: 1200Z 07Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Europe Looks to Re-Arm / USAID Money Cut Off to Dictator Oppositions / DOS Uses AI to Revoke Student Visas of Protestors / China Spies Arrested in US Army / US Crypto Summit Today / NY Looks to Criminalize Rug Pulls / Trump Signs EO for Bitcoin Strategic Reserve and Crypto Stockpile / Russia Pilots 'Digital Gold' Token / Stocks Down, Imports Up / USSS Seizes Russian Crypto Exchange / DuckDuckGo Launches Privacy-Based AI / SpaceX Starship Explodes / Some Countries Don't Tax Crypto, Bitcoin
Market Data: Price: 1 BTC= $89,338, 30.62 oz Gold, .21 Median US House
24hr Hi: $91,430 / Lo: $84,717
Vol: $57B (Up 22%)
Mkt Cap: $1.77T (Down 1%)
HashRate: 790 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 50%)
---Reports---
-International Events-
1. Europe scrambles to rearm as Trump threatens security guarantees and Russian threat looms: European leaders have vowed to rearm the continent at historic emergency talks held after the United States threatened to rip up 80 years of security guarantees over the trajectory of Russia’s war in Ukraine. With Russia posing what French President Emmanual Macron called an “existential threat” to Europe, the continent is now scrambling to prepare for the once-unthinkable prospect of defending itself in a potential future conflict without the help of America. (CNN) (AC-When viewed through the lens of a globalist vs. nationalist power conflict, articles like this appear inauthentic and bombastic at best.)
2. US Ends Aid Supporting Opposition To Latin American Authoritarians: The cancellations affected projects assisting political prisoners in Cuba, church groups opposing Nicaragua's Daniel Ortega, and activists challenging Venezuela's authoritarian President Nicolás Maduro. The programs were managed by the International Republican Institute and funded by USAID. (IBTimes)
-US Events-
1. US to reportedly use AI to revoke visas of students it sees as Hamas supporters: The State Department revoked the visa of a student participating in protests supporting Hamas, following President Donald Trump's directive to cancel such visas. Secretary of State Marco Rubio announced an AI-driven 'Catch and Revoke' program to identify and cancel visas of foreign students supporting designated terrorist organizations. (GroundNews)
2. U.S. Army Soldiers Arrested for Alleged Theft and Bribery: I can now report that today the FBI, along with our interagency partners led by AG Pam Bondi, arrested two active duty U.S. Army soldiers and one former U.S. Army soldier for theft of government property and a bribery scheme. These individuals have been charged with stealing America’s defense intelligence capabilities and empowering adversaries like China in betrayal of our country. (Patel, DirFBI on X)
3. White House Crypto Summit Today: The White House Crypto Summit is scheduled for today, March 7, 2025, at 1:30 PM EST and hosted by U.S. President Donald Trump and Crypto Czar David Sacks. This is the first ever crypto event by the U.S. government and is supposed to cover a wide range of topics, including regulatory framework, financial stability, and further developments. (CoinGape) (AC-Two high impact announcements for Bitcoin would be dropping the capital gains tax on sales and use as legal tender. Probability is low to moderate.)
-Regulatory and Legal-
1. New York Bill Proposes Criminal Penalties for Crypto Rug Pulls: Legislation introduced by New York lawmakers targets rug pull scams in the cryptocurrency space, aiming to protect investors from fraudulent activities associated with virtual tokens. The bill, proposed by Assemblymember Clyde Vanel, seeks to establish criminal penalties for offenses involving cryptocurrency fraud. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Trump Signs Order Establishing ‘Digital Fort Knox’ Bitcoin Reserve Funded by Seized Assets: President Donald Trump enacted an executive directive on Thursday, instructing federal agencies to launch a U.S. strategic bitcoin repository and a complementary repository for other digital currencies, solely funded by assets seized in civil or criminal cases. The reserve is projected to hold approximately 198,109 BTC pending a federally mandated audit. Authorities are authorized to acquire additional bitcoin via fiscally neutral strategies, while the secondary repository—limited to non-bitcoin assets from seizures—focuses on prudent Treasury management. (BitcoinCom)
2. Russia Begins Piloting Digital Gold System for International Settlements: The program, currently in its pilot stages, is part of a test to examine the feasibility of using gold assets for finalizing international exchanges involving Russia. Capital Lab partner Evgeny Shatov stated that digital gold assets can help the nation bypass sanctions and reduce its dependence on the dollar. (BitcoinCom)
-Institutional Concerns-
1. Trump’s Bitcoin reserve order reshapes institutional crypto investment: President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto industry leaders. Large institutional investors, such as wealth managers, financial institutions and pension schemes, now have “no excuse” for not increasing exposure to Bitcoin and other crypto assets endorsed by the Trump administration. With the sell pressure reduced, the probability of the US government and individual states procuring Bitcoin has increased, Rasmussen said, adding: “Probability the government outlaws Bitcoin is definitively zero.” (CoinTelegraph)
-Economic Indicators-
1. US Stocks Plunge on Trade Uncertainty: US equities plunged on Thursday, as trade uncertainty and tariff policy shifts from the Trump administration fueled investor anxiety. The S&P 500 fell 1.8% and the Nasdaq sank 2.6%, both hit their lowest level since November, while the Dow Jones dropped 428 points. (TradingEconomics)
2. US Posts Record Trade Gap on Soaring Imports: The US posted a record trade deficit of $131.4 billion in January 2025, up from a downwardly revised $98.1 billion shortfall in December 2024 and exceeding forecasts of a $127.4 billion gap. Imports surged 10% to an all-time high of $401.2 billion, driven by anticipation of upcoming tariffs. (TradingEconomics)
-Security Incidents and Concerns-
1. U.S. Secret Service Seizes Russian Garantex Crypto Exchange Website: A coalition of international law enforcement agencies has seized the website associated with the cryptocurrency exchange Garantex ("garantex[.]org"), nearly three years after the service was sanctioned by the U.S. Treasury Department in April 2022. Founded in 2019, Garantex was previously subject to U.S. sanctions for facilitating transactions from darknet markets and illicit actors such as Hydra and Conti. (HackerNews) (AC-Possibly related to the ByBit hack proceeds.)
2. DuckDuckGo's AI Tools Bring Privacy-Centered Experiences That Are Now Available to the Public: The new 'Duck(.)ai' tools are making waves in the tech industry as they offer a privacy-focused generative AI experience while leveraging smart and powerful features to access. Its main focus is offering a secure and worry-free experience that does not collect user data at all. It keeps this information exclusive to its owners, staying true to its core of privacy and security. (TechTimes)
-Technology and Science-
1. SpaceX’s Starship spacecraft explodes midflight for a second time, disrupting Florida air traffic: The uncrewed Starship mission lifted off at 5:30 p.m. CT (6:30 p.m. ET) from SpaceX’s Starbase facility in South Texas. After about 2 ½ minutes of firing, the Super Heavy booster separated as planned from the Starship’s upper stage, setting itself up for a successful landing within the “chopstick” arms of “Mechazilla,” or SpaceX’s launch tower near Brownsville, Texas. It has not been confirmed where exactly the vehicle exploded during Thursday’s mission. But the explosion was visible from parts of Florida and over the Caribbean, according to reports from residents of those locations that were shared with CNN. (CNN)
-Bitcoin Community-
1. As US Crypto Summit Looms, Here's The State Of Crypto Taxation Around The World: Countries with the Highest Crypto Taxes: Japan-15% to 55%, Denmark-37% and 52%, and Germany applies a 45% tax rate if assets are sold within a year. Several countries have chosen to exempt cryptocurrency from taxation. These include: Brunei, Cyprus, El Salvador, Georgia, Germany (if held for more than a year), Hong Kong, Malaysia, Oman, Panama, Saudi Arabia, Switzerland, United Arab Emirates. (ZeroHedge)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Up 9 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 886,422
DTG/ICOD: 1200Z 05Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Arab States Adopt Alternative Gaza Plan / Houthis Now 'Foreign Terrorist' / China Plans 7.2% Defense Increase / HK Billionaire to Sell Panama Canal Ports to BlackRock / Trump Speech to Congress Ignites / IRS May Fire Half of Staff / Peter Schiff Calls for Investigation / WH to Host Crypto Summit Friday / Five Options for US to Build an SBR / US Business Optimism, Stocks, Yields Down / Multi-Sig Wallet Led to ByBit Hack / Chinese Say Quantum Computing Breakthrough Takes Lead / Bukele-IMF Needs a Rap Battle / Tariff War Could Hit US Hashrate
Market Data: Price: 1 BTC= $89,704, 30.83 oz Gold, .21 Median US House
24hr Hi: $90,933 / Lo: $81,529
Vol: $63B (Down 13%)
Mkt Cap: $1.77T (Up 8%)
HashRate: 796 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 80%)
---Reports---
-International Events-
1. Arab states adopt Egyptian alternative to Trump's 'Gaza Riviera': Arab leaders adopted an Egyptian reconstruction plan for Gaza on Tuesday that would cost $53 billion and avoid displacing Palestinians from the enclave, in contrast to U.S. President Donald Trump's"Middle East Riviera" vision. The major questions that need to be answered about Gaza's future are who will run the enclave and which countries will provide the billions of dollars needed for reconstruction. (Reuters) (AC-Details matter in this situation and there are none.)
2. US designates Yemen’s Houthis as ‘foreign terrorist’ organization: US Secretary of State Marco Rubio announced the department had restored the designation, which carries with it sanctions and penalties for anyone providing “material support” for the group. (AlJazerra)
3. China will increase its defense budget 7.2% this year: Tensions with the U.S., Taiwan, Japan and neighbors who have overlapping claims to the crucial South China Sea are seen as driving spending on increasingly high-tech military technologies. Those include stealth fighters, the country’s three — soon to be four — aircraft carriers, and a broad expansion of its nuclear arsenal. (AP)
4. Hong Kong billionaire to sell Panama Canal ports to US firm: A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. Through a subsidiary, CK Hutchison Holding operates ports at the Atlantic Ocean and Pacific Ocean entrances to the canal. It said Tuesday that it would sell its interests as part of a deal worth $22.8bn. (AC-BlackRock?)
-US Events-
1. Tariffs, Elon Musk, Ukraine: Key Takeaways From Donald Trump's First Congress Address: Trump reiterated that his tariffs will push through even as some countries have said they will definitely retaliate. Trump also announced reciprocal tariffs, including on India, China, the European Union, and Brazil. He once again called for Greenland and the Panama Canal to be placed under US control. He praised Elon Musk's 'hard work' and claimed that 'everybody' in Congress appreciates the Tesla CEO's efforts. Ukraine and Zelensky were briefly mentioned following last week's Oval Office drama. (IBTimes)
2. IRS drafting plans to slash as much as half of its 90,000-person workforce leaving agency ‘dysfunctional": The federal tax collector employs roughly 90,000 workers total across the United States, according to the latest IRS data. People of color make up 56% of the IRS workforce, and women represent 65%. Already, roughly 7,000 probationary IRS employees with roughly one year or less of service were laid off from the organization in February. (PBS)
-Regulatory and Legal-
1. Schiff Demands Investigation Into Trump’s Crypto Reserve ‘Announcement,' Citing Insider Trading Concerns: Bitcoin critic Peter Schiff is calling for a Congressional investigation into U.S. President Donald Trump’s two Truth Social posts, which he claims were part of a “pump and dump scheme.” (BitcoinCom)
2. White House Prepares for its First Crypto Summit. Here's What to Expect: The White House is preparing for its first crypto summit, with industry leaders like Michael Saylor and Brian Armstrong confirmed to attend. The summit replaces Trump's abandoned crypto council due to industry infighting and overwhelming demand for seats. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. 5 Aggressive Strategies Trump Could Use to Build a Colossal Federal BTC Reserve: The U.S. government could rapidly build a strategic bitcoin reserve under the Trump administration through five key methods: seizing assets, accepting tax payments, purchasing directly, selling federal assets for BTC, and borrowing bitcoin via loans or bonds. (BitcoinCom) (AC-Interesting option analysis)
-Institutional Concerns-
NSTR
-Economic Indicators-
1. US Economic Optimism Index Falls to 5-Month Low: The RealClearMarkets/TIPP Economic Optimism Index in the US fell to 49.8 in March 2025 from 52.0 in February, the lowest in five months and missing market expectations of 53.1. (TradingEconomics)
2. US 10-Year Treasury Yield at Over 4-Month Lows: The yield on the US 10-year Treasury note fell to 4.13% on Tuesday, a level not seen since late October, as the escalating trade war raised further concerns about the economic impact of the new trade policies. (TradingEconomics)
3. US Stocks Extend Losses on Tariffs: US stocks were lower on Tuesday, with the three major averages falling more than 1%, extending significant losses from the previous session, as the escalating trade war triggered a flight to safety, raising further concerns about the economic impact of the new trade policies. (TradingEconomics)
-Security Incidents and Concerns-
1. Multisig cold wallets: How secure are they really?: In February 2025, the Bybit exchange lost $1.5 billion worth of Ether. Here’s how the attack happened: Bybit used a 3-of-5 multisig cold wallet, meaning any three authorized signatures were needed to move funds. Attackers breached the infrastructure of a third-party wallet provider (SafeWallet). They compromised a developer’s device at SafeWallet, injecting malicious code that altered the multisig signing process. Bybit’s security team approved transactions that appeared legitimate, but in reality, the funds were redirected to hacker-controlled addresses. (CoinTelegraph) (AC-The article gives a good primer on multi-sig and the risks involved, for longer reading.)
-Technology and Science-
1. Chinese Quantum Computer Surpasses Supercomputers by 15 Orders of Magnitude: Chinese scientists unveiled Zuchongzhi-3, a 105-qubit quantum computer that processes tasks quadrillion times faster than traditional supercomputers. Announced Monday, it outperforms Google's latest results by 6 orders of magnitude, marking a significant leap in quantum supremacy. This advancement positions China at the forefront of quantum computing, with potential applications in quantum error correction, entanglement, and chemistry. The system's high-fidelity performance and advanced architecture represent a crucial step toward practical quantum computing applications.(GroundNews)
-Bitcoin Community-
1. Bukele Dismisses IMF Terms, Vows El Salvador's Bitcoin Strategy 'Won't Stop': "'This all stops in April.' This all stops in June.' This all stops in December.' No, it's not stopping," Bukele wrote Tuesday in a post on X. The new rules set by the IMF's March 2025 country report this week, seek to establish a "continuous quantitative performance criteria" with a "ceiling of 0" on government Bitcoin purchases. (Decrypt) (Ac-The incongruity of the IMF 'demand' and Bukele's continued purchasing has watchers a bit confused, but the media surrounding the issue may have some consequences on Bukele or the IMF. The heavy-handedness of the IMF may come under world scrutiny or it may end up denying El Salvador continued credit lines. TBD)
2. Bitcoin Hashrate At Risk? US Trade War Could Hit 5% Mining Power: Bitcoin faces significant uncertainty as the trade war between the US and Canada could disrupt mining operations. Miners in the US Northeast face a significant risk should Ontario curtail or halt electricity exports. According to Maloney, more than 300 megawatts (and possibly up to 500 MW) of Bitcoin mining capacity is located along the New York–Canada border, accounting for “between 2.5% and 5% of global hashrate.” (Bitcoinist)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 20/100 (Up 5 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 884, 317
DTG/ICOD: 1200Z 18Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US-Russia Begin Ukraine Talks / USARSOF in Mexico / 4th Air Accident in 3 Weeks / Education Dept. Cuts DEI / Social Security Payments Scrutinized / SEC Under DOGE Microscope / Russia Says SWIFT Dying / Odds For a US Gold Audit Increase / Milei Under Fire for Memecoin Support / Grok-3 is Out
Market Data: Price: 1 BTC= $96,220, 32.97 oz Gold, .22 Median US House
24hr Hi: $97,032 / Lo: $95,118
Vol: $28B (Up 23%)
Mkt Cap: $1.90T (Even)
HashRate: 820 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 200%)
---Reports---
-International Events-
1. US and Russia begin Ukraine peace talks in Saudi Arabia - without Ukraine: Putin's foreign policy adviser Yuri Ushakov and Russian Foreign Minister Sergei Lavrov are meeting with U.S. Secretary of State Marco Rubio, national security adviser Mike Waltz and Trump's Middle East envoy Steve Witkoff starting today. (IndependentUK)
2. Rivet Joint reconnaissance aircraft conducting multiple SIGINT operations along the US-Mexico border and in international waters off southern Baja California—areas controlled by heavily armed drug cartels—the Mexican Senate Commission has approved the deployment of US Special Forces operators to the country for "training missions." US Army's 7th Special Forces Group (Airborne) Green Berets are already conducting training exercises at a naval facility in Campeche, a Mexican port city on the Gulf of Mexico. (ZeroHedge)
3. Delta jet flips upside down while landing at Toronto airport; all 80 on board survive: A Delta Air Lines jet flipped on its roof while landing Monday at Toronto’s Pearson Airport, but all 80 people on board survived and those hurt had relatively minor injuries, the airport’s chief executive said. The crash was the fourth major aviation accident in North America in the past three weeks. (WPBF)
-US Events-
1. U.S. Department of Education Cuts Over $600 Million in Divisive Teacher Training Grants: The U.S. Department of Education today announced it has terminated over $600 million in grants to institutions and nonprofits that were using taxpayer funds to train teachers and education agencies on divisive ideologies. Training materials included inappropriate and unnecessary topics such as Critical Race Theory; Diversity, Equity, and Inclusion (DEI); social justice activism; “anti-racism”; and instruction on white privilege and white supremacy. (DeptofEd)
2. Acting Social Security head resigns over DOGE access of recipient information: Acting Commissioner Michelle King’s departure from the agency over the weekend - after more than 30 years of service - was initiated after King refused to provide DOGE staffers at the SSA with access to sensitive information. The White House has replaced her as acting commissioner with Leland Dudek, who currently works at the SSA. (WashingtonTimes) (AC-Other reporting highlights gross discrepancies in SSA recipients, such as 395M eligible recipients, when the US population is only 335M., as well as tens of millions of actual recipients over the age of 120.)
-Regulatory and Legal-
1. DOGE Set to Review SEC Operations Following Recent Lawsuit: The SEC recently sued Musk for allegedly underpaying Twitter stock investors by $150 million, leading to Musk calling the SEC a “totally broken organization”. Democrats, including Rep. Maxine Waters, have expressed concerns about DOGE accessing sensitive SEC data, particularly the Consolidated Audit Trail. The White House states Trump won’t allow conflicts of interest, and Musk has committed to recusing himself from potential conflicts. (Blockonomi)
-CBDCs/World Currencies/Strategic Reserves-
1. Russia Declares SWIFT 'Dying' as Crypto Reshapes Finance: Anatoly Aksakov, head of the State Duma Committee on Financial Markets said "From my point of view, SWIFT is dying, it is already a backward technology. The development of digital technologies and crypto-instruments will lead to the fact that the settlement system will be built differently." (BitcoinCom)
2. Polymarket bets on Fort Knox audit as reserve debate heats up: Polymarket introduced two Fort Knox prediction markets on Feb. 17, with one betting on whether the DOGE would audit Fort Knox by May 2025 and the other predicting the outcomes of such an audit. At the time of writing, Polymarket’s betting odds that the audit will take place by the end of April stood at 56%. (CoinTelegraph)
-Institutional Concerns-
NSTR
-Economic Indicators-
1. US 10-Year Yield Rises on Hawkish Fed Remarks: The yield on the 10-year US Treasury note climbed above 4.5% on Tuesday, halting a two-day decline, as Federal Reserve officials agreed that the central bank should not rush cutting interest rate further as the focus remains on curbing inflation. (TradiningEconomics)
-Security Incidents and Concerns-
1. Milei says he didn't intend to promote Solana-based LIBRA token, few Argentines lost money: Argentina President Javier Milei said he didn't intend to persuade people to buy the LIBRA memecoin, and he only meant to "spread the word," according to Bloomberg. The Argentine president quickly faced scrutiny after he appeared to promote the token on X last Friday. Milei faces fraud charges over his involvement raising awareness for the Solana-based memecoin. (TheBlock) (AC-Shitcoining is bad for you, even if you're a President.)
-Technology and Science-
1. Elon Musk Unveils Grok-3, the “Smartest AI on Earth”: Specifically, Grok-3 has “more than 10 times” the computing power of its predecessor, and it outperforms OpenAI, Gemini, and DeepSeek models in math, science, and programming tasks. (BitcoinSensus)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 47/100 (Down 4 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 883,434
DTG/ICOD: 1200Z 12Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Canada's 13 Premiers in DC to Fight Tariffs / UN Staff In Yemen Kidnapped / US Citizen Returned From Russian Prison / Judge Blocks DOGE Access to DOE Student Data / Sen. Lee Says US Privateers an Option / Fed Powell 'Struck' at De-Banking / Crypto Advocate Now CFTC Head / Goldman Sachs Buying BTC ETFs / Fed in No Rush to Cut Rates / Stocks Mixed / Quantum Startup Gets $230M / Fold Has New BTC Rewards Card / British Man Who Lost 7500 BTC May Buy Landfill / Solo Miner Hits Jackpot
Market Data: Price: 1 BTC= $96,555, 33.44 oz Gold, .22 Median US House
24hr Hi: $97,870 / Lo: $94,875
Vol: $36B (Up 16%)
Mkt Cap: $1.91T (Down 1%)
HashRate: 809 EH/s
Avg Fee Rate: 2 sats/vBtye (Even)
---Reports---
-International Events-
1. Canada’s 13 premiers in Washington on mission to push back Trump’s tariff threats: Canada’s premiers are in Washington today to meet with lawmakers, business groups and lobbyists in a joint effort to push back on U.S. President Donald Trump’s plans for devastating duties. It is the first time all 13 premiers have travelled to the American capital together. The president signed executive orders Monday to impose 25 per cent levies on all steel and aluminum imports into the United States, including Canadian products, starting March 12. (CityNewsCA)
2. UN suspends operations in Yemen’s Houthi stronghold after staff detained: The United Nations has temporarily paused all operations in Yemen’s Saada region after Houthi authorities detained eight more of its staff, a UN spokesman said. Seven UN agencies currently operate in Saada – a Houthi stronghold in Yemen’s north – including the World Food Programme, the World Health Organization and the children’s agency UNICEF. The Houthis, who did not immediately acknowledge the UN’s decision, have detained dozens of UN staff since 2021, and the group had at least 24 people in detention before the latest arrests. (AlJazeera) (AC-It seems strange for the UN to be so embedded in Yemen while the Houthi continue to attack ships in the Red Sea and lob missiles on Israel.)
-US Events-
1. Marc Fogel Returns to U.S., Meets Trump After Release from Russia: Marc Fogel, an American teacher detained in Russia for over three years on drug charges, has been released and returned to the U.S. His return was facilitated by negotiations led by President Donald Trump's special envoy, Steve Witkoff. Fogel expressed his gratitude to Trump and others involved in his release during an emotional meeting at the White House. (X) (AC-Two days ago, this headline from NBC: 'Russia says U.S. relations are on brink of collapse'. It does not look like it.)
2. Judge sides with UC students, blocks DOGE from Education Department loan data: A federal judge ordered Elon Musk’s DOGE team to not access student financial aid data. Concern over DOGE actions grew this week after education researchers and industry groups reported that more than 169 contracts and $900 million in spending were cut from the department’s Institute of Education Sciences. (LATimes)
3. Sen. Mike Lee: Constitution Empowers Congress to Tap American ‘Pirates’ to Fight Cartels: The Constitution authorizes Congress in Article I, Section 8, Clause 11 to “grant Letters of Marque and Reprisal,” Lee said. As Marlow (Breitbart) opened the discussion with Lee, he noted letters of marque would be “a really creative tool” that could “weaken the drug cartels.” How many drug lords expect to contend with a civilian fleet of de facto “pirate ships” flying both American flags and Trump-Vance 2024 MAGA flags chasing them in the Gulf of America? Imagine that, while bands of American cowboys with shotguns, AR-15s, and pistols are patrolling the U.S.-Mexican border, with bands of former Navy SEALs, Army Green Berets, Force Recon Marines, and Air Force Combat Controllers who are bored with their civilian jobs moving unseen in search of foreign hostile actors. (Breitbart) (AC-Certainly a provocative article, but not beyond the scope of possibility.)
-Regulatory and Legal-
1. Fed 'Struck' by De-Banking Surge—Powell Promises a Fresh Look: Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia Lummis (R-WY) challenged him over the central bank’s handling of digital assets and its responsiveness to congressional oversight. He noted that in response to previous hearings, the Fed had already removed certain policies from its manual. Despite Powell’s assurances, Lummis and other lawmakers remained skeptical, continuing to push for stricter oversight and increased transparency. (BitcoinCom)
2. Donald Trump taps crypto advocate a16z’s Brian Quintenz for CFTC leadership: Donald Trump has reportedly selected Brian Quintenz, the current Head of Policy at a16z Crypto, to lead the Commodity Futures Trading Commission (CFTC). Notably, a16z is a major crypto-focused venture capital firm and was a major financial force in the 2024 election, contributing $47 million to Fairshake and other political organizations. The crypto industry has long advocated for CFTC oversight, arguing that it would offer a more innovation-friendly regulatory approach than the US Securities and Exchange Commission (SEC). (CryptoSlate)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Goldman Sachs Boosts Bitcoin ETF Holdings by 120% in Q4: Goldman Sachs has significantly increased its Bitcoin ETF holdings, now totaling $1.57 billion, with a 121.1% rise from the previous quarter. The bank's largest exposure is in BlackRock's iShares Bitcoin Trust, holding 24.07 million shares worth $1.27 billion. (Decrypt)
-Economic Indicators-
1. Powell Reaffirms That Fed Is In No Rush to Cut Rates: Fed Chair Powell reaffirmed in the Semiannual Monetary Policy Report to Congress that, with the Fed’s policy stance now significantly less restrictive and the economy remaining strong, there is no urgency to adjust the federal funds rate. (TradingEconomics)
2. US Stocks Struggle on Powell Remarks and Tariffs: US stocks faced a mixed session on Tuesday as investors weighed Fed Chair Jerome Powell’s cautious stance on interest rates and President Trump’s new 25% tariffs, which fueled concerns over a potential trade war. The S&P 500 was mostly muted, the Nasdaq 100 dropped 0.3%, and the Dow gained 0.3%. (TradingEconomics)
-Security Incidents and Concerns-
NSTR
-Technology and Science-
1. Quantum computing company lands $230M in funding: QuEra Computing announced it has completed a funding round exceeding $230 million, with investments from Google's Quantum AI and SoftBank Vision Fund, among others. The startup plans to use the funding to develop fault-tolerant quantum computing technology and aims to build a useful fully-quantum computer in the next three to five years. (GroundNews)
2. Fold Launches Bitcoin Rewards Credit Card: “This has been one of the most highly requested products,” Mitch Port, General Manager for Credit and Loans at Fold, told Bitcoin Magazine. “The majority of users like to spend on credit and earn in bitcoin.” Rewards for the card will vary depending on Fold membership level, generally 1.5 to 2%. (BitcoinMag)
-Bitcoin Community-
1. Man in Search of Lost Bitcoin Fortune Wants to Buy the Landfill Where He Swears It’s Buried: James Howells, a British IT worker who mined himself a sizable fortune of the cryptocurrency before accidentally throwing away the hard drive he stored the key on, is mulling buying the entire stretch of land where he suspects the drive to be buried just so he can try to dig it up. (Gizmodo) (AC-7500 BTC!)
2. Solo miner snags Bitcoin block reward worth $300K: Bitcoin miner Marshall Long said in a Feb. 10 X post that the miner was using an implementation of the CKPOOL but said they didn’t “seem to be from CKPOOL directly.” He speculated the lucky miner might have used a Bitaxe. (CoinTelegraph)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 46/100 (Down 1 pts)
Analyst Comments (AC): With all the lawsuits piling up against the Trump administration, it seems we are in a bull market for constitutional lawyers.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 882,714
DTG/ICOD: 1200Z 07Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Trump Meets Japanese PM / Baltic States Break From Russian Energy Grid / Trump Announces Middle-Class Tax Plan / Russ Vought Confirmed for OMB Lead / Commuter Plane Missing in Alaska / Canadian Busted for Hiding 450 BTC / SEC Looks at In-Kind Redemption for ETFs / Czech Republic Drops Bitcoin Cap Gains / US Fed Governor Likes Stablecoins for USD / 16 of 50 States Exploring BTC SBRs / Whales Taking Bitcoin Off Exchanges / Jobs Report Today / US Bill Seeks to 'Deep Six' DeepSeek / DOGE Wants AI for GSA / Wall Street Looks to Put Real-World Assets on New Blockchain / Cleanspark Crushing it on BTC Mining
Market Data: Price: 1 BTC= $98,151, 34.13 oz Gold, .23 Median US House
24hr Hi: $98,910 / Lo: $95,707
Vol: $46B (Up 2%)
Mkt Cap: $1.93T (Down 1%)
HashRate: 840 EH/s
Avg Fee Rate: 3 sats/vBtye (Down 25%)
---Reports---
-International Events-
1. Trump to meet Japan's Ishiba as China trade war simmers: U.S. President Donald Trump will meet Japanese Prime Minister Shigeru Ishiba for the first time on Friday as two allies wary of China's rise work to boost business and security ties while an escalating trade war threatens to rupture the global economy. Japan is especially trade-dependent: it is a major exporter and counts on imports for much of its food and natural resources, and many of its firms are deeply invested in and reliant on China. Japanese officials are wary of possible efforts by Beijing to court the U.S. president with promises of cooperation on key global issues, including trade. (Reuters)
2. Russia’s Baltic neighbors are breaking away from its power grid — and they’re braced for retaliation: The Baltic counties of Lithuania, Latvia, and Estonia are bracing themselves for possible cyberattacks this weekend as they complete their long-awaited decoupling from Russia’s power grid. (CNBC)
-US Events-
1. Trump's Ambitious Tax Relief for Middle Class Announced: The Trump administration has announced a new tax proposal aimed at providing significant tax relief for middle-class Americans. Key features include no taxes on tips, Social Security for seniors, and overtime pay, alongside renewing the Trump Tax Cuts from 2017. The plan also involves adjusting the SALT cap, ending tax breaks for billionaire sports team owners, closing the carried interest loophole, and proposing tax cuts for 'Made in America' products. This proposal is described as potentially the largest tax cut in history for middle-class working Americans, though economic analyses vary on its impact across different income groups. (X, Various)
2. The Senate confirmed Russ Vought as Director of the Office of Management and Budget with a 53-47 vote, following a lengthy delay by Democrats who expressed concerns about his potential influence over federal operations and employees. (GroundNews)
3. Bering Air Flight Missing Near Nome, Alaska: A Bering Air Cessna 208B Grand Caravan, carrying 9 passengers and 1 pilot, disappeared from radar during its flight from Unalakleet to Nome, Alaska. The incident occurred on February 6, 2025, prompting immediate search and rescue operations despite challenging weather conditions. (X, Various)
-Regulatory and Legal-
1. Canadian Businessman Sentenced to 41 Months in U.S. Prison for Hiding 450 BTC: Firoz Patel’s sentencing relates to 450 bitcoins he failed to disclose in a 2020 trial. Officials accused Patel of not informing the U.S. District Court of these Bitcoin holdings after he was convicted and sentenced to 36 months for operating Payza, an unlicensed cryptocurrency payment processing platform. (BitcoinCom) (AC-A lesson in Bitcoin OPSEC management. The article shows how exchanges are who gave him up to authorities.)
2. SEC Reviews BlackRock’s Bitcoin ETF In-Kind Redemption Proposal: BlackRock has proposed allowing in-kind redemptions for its Bitcoin ETF, which would let authorized participants receive actual Bitcoin instead of cash when redeeming shares – SEC is now reviewing this proposal. This change would only affect authorized participants (large financial institutions), not retail investors. (Blockonomi)
3. Czech Republic exempts Bitcoin from capital gains tax after three years: Czech President Petr Pavel signed a historic bill on Feb. 6 that exempts Bitcoin from capital gains taxes if held for at least three years. The Czech parliament unanimously approved the measure in December last year, reflecting a commitment to align with the European Union’s Markets in Crypto-Assets (MiCA) framework. (CryptoSlate)
-CBDCs/World Currencies/Strategic Reserves-
1. Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance: Federal Reserve Bank Governor Christopher Waller says he supports the adoption of stablecoins with clear rules and regulations because it will likely cement the US dollar’s status as a reserve currency. (CoinTelegraph) (AC-Maintaining USD hegemony requires a move into digital assets. CBDCs and stablecoins are the primary options for fiat-minded, American regulators. The third option of a bitcoin-backed USD is not an option they'd consider right now.)
2. A Third of All US States Now Exploring Bitcoin, Crypto for Public Funds: Out of 50 U.S. states, 16 have ongoing legislative considerations and varying statuses. Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets." (Decrypt)
-Institutional Concerns-
1. Bitcoin Worth $1.6B Leave Exchanges in Biggest Bullish Outflow Since April: "Whales are buying this dip," Dragosch said on X, referring to the large outflow of coins. Investors typically take direct custody of coins when planning to hold them for the long term. Hence, a large outflow of exchanges is taken to represent bullish sentiment. (CoinDesk) (AC-Price in USD is not the only indicator of demand.)
-Economic Indicators-
1. US 10-Year Yield Holds Steady: The yield on the 10-year US Treasury note remained steady around 4.45% on Friday, as investors awaited the highly anticipated monthly jobs report, which could influence the Federal Reserve’s monetary policy outlook. (TradingEconomics)
-Security Incidents and Concerns-
1. Lawmakers push for DeepSeek ban from federal devices over China concerns: Two lawmakers have introduced a bill to ban the Chinese artificial intelligence platform DeepSeek from any federal devices. Reps. Josh Gottheimer (D-N.J.) and Darin LaHood (R-IL) unveiled the “No DeepSeek on Government Devices Act” on Thursday to address security concerns about DeepSeek since it emerged as a powerful, low-cost alternative to U.S.-made AI tools like ChatGPT. (TheRecord)
-Technology and Science-
1. DOGE Reportedly Building Custom Chatbot GSAi – Will Elon Musk Replace GSA Staffers With AI?: One of the priorities for the initiative is to boost productivity for roughly 12,000 employees with the GSA, a unit tasked with management of office buildings, contracts, and IT infrastructure across the federal government. DOGE is also hoping that GSAi can be used to analyze huge data around contract and procurement. (IBTimes)
2. Wall Street Giants Back New Blockchain for Tokenizing Real-World Assets: Ondo Chain, a new blockchain for tokenizing real-world assets, was announced with support from Wall Street giants. The President Trump-backed World Liberty Financial project purchased $470,000 worth of ONDO tokens. Top asset managers like Franklin Templeton and Google Cloud are design advisors for the chain. (Decrypt) (AC-Looking into the future, this type of project will become a reality. How and who are the questions to be answered.)
-Bitcoin Community-
1. CleanSpark reports $162.3 million in quarterly revenue: 'Why buy bitcoin at current prices when we can mine it for $34,000?' CleanSpark is one of the industry’s “pure-play” miners, preferring to focus on Bitcoin rather than diversify into the AI data center hosting opportunities explored by many of its rivals. (TheBlock)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 44/100 (Down 10 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 882,279
DTG/ICOD: 1200Z 04Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: El Salvador Offers to Take US Deported Criminals / Panama Ends Deal With China Over Canal / Pause in DR Congo Fighting / China Hikes Tariffs in Response to US Tariffs / Trump EO Establishes Sovereign Wealth Fund / Chris Wright Confirmed for Energy Secretary / Lawsuit Filed Over DOGE Access to Treasury / Is Dept. of Education Next? / Congress To Hold ChokePoint 2.0 Hearing / USG Crypto Conference Today / China, EU Given CBDC Leadership Chance / Strong Dollar, Strong Manufacturing Numbers / Cyber Risk In DOGE Access / China to Launch Robot to Moon / Bitcoin Hashrate at ATH
Market Data: Price: 1 BTC= $99,516, 35.20 oz Gold, .23 Median US House
24hr Hi: $102,514 / Lo: $94,244
Vol: $80B (Down 21%)
Mkt Cap: $1.97T (Up 5%)
HashRate: 836 EH/s
Avg Fee Rate: 2 sats/vBtye (Even)
---Reports---
-International Events-
1. El Salvador offers to house criminals deported from the US in its jails: El Salvador on Monday offered to house in its jails "dangerous criminals" from anywhere in the world deported by the United States, U.S. Secretary of State Marco Rubio said after lengthy talks with the Central American country's leader. Bukele also offered to house dangerous criminals who are U.S. citizens or legal residents, Rubio said, although it was unclear whether the U.S. would take up that offer. "The fee would be relatively low for the U.S. but significant for us, making our entire prison system sustainable." Bukele said. (Retuers)
2. Panama pledges to end key canal deal with China, work with US after Rubio visit: José Raúl Mulino, Panama's president said he would not renew a 2017 memorandum of understanding to join China’s Belt and Road global development initiative and that Panama would instead look to work more closely with the U.S. (Fox)
3. Rebels declare ceasefire in DR Congo for 'humanitarian reasons': The group - which includes the Rwanda-backed M23 rebels - cited "humanitarian reasons" for the ceasefire, after it has been capturing territory in eastern parts of the country. The UN said at least 900 people have been killed and 2,880 injured in recent fighting in and around Goma, DR Congo's largest eastern city, after it was seized by rebels. (BBC)
4. China retaliates with additional tariffs of up to 15% on select U.S. imports starting Feb. 10: China’s finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S., starting Feb. 10. China will also levy 10% higher duties on American crude oil, farm equipment and certain cars and trucks, as well as enacting export controls on certain products related to critical minerals. (CNBC)
-US Events-
1. Trump signs order establishing a sovereign wealth fund that he says could buy TikTok: “We’re going to stand this thing up within the next 12 months. We’re going to monetize the asset side of the U.S. balance sheet for the American people,” U.S. Treasury Secretary Scott Bessent said during a media parley. “There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.” (CNBC) (AC-There's a danger of this fund turning into a political slush fund, for both sides. Hopefully this will be crafted to mitigate this risk.)
2. Senate Confirms CEO Chris Wright as Trump’s Energy Secretary: The Senate approved his nomination, 59-38. Eight Democrats—including both senators from Wright’s home state of Colorado—voted in favor. (Time)
3. Treasury Faces Legal Challenge Over Data-Sharing Deal With Musk's DOGE: The American Federation of Government Employees (AFGE) and several other unions filed a lawsuit against the U.S. Treasury Department on Monday, challenging its decision to grant access to Treasury data to the Department of Government Efficiency (DOGE). (IBTimes)
4. Trump Eyes Dismantling Education Dept: The Trump administration is in the process of considering an executive order aimed at dismantling the U.S. Department of Education. This action involves placing dozens of department officials on leave, connected to an executive order focusing on eliminating DEI initiatives. The move is part of a broader plan to reduce federal oversight in education, shifting control back to individual states. (X)
-Regulatory and Legal-
1. Coinbase CLO to Address Operation Choke Point 2.0 in Congress: Paul Grewal, Coinbase’s chief legal officer, said he would testify before Congress regarding Operation Choke Point 2.0 during a hearing scheduled for February 6, 2025. (Blockonomi)
2. Crypto Market Recovers Before Crypto Czar David Sacks’ Digital Asset Leadership Conference: David Sacks will be hosting the first press conference on Tuesday, February 4, discussing America’s leadership role in the digital assets industry moving ahead. (CoinGape)
-CBDCs/World Currencies/Strategic Reserves-
1. Trump's digital dollar ban gives China and Europe's CBDCs free rein: Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters. (Reuters, MSN, CNN) (AC-Interesting take with similar headlines in the left-leaning outlets. The articles are highly CBDC favorable and seems almost a tease to the Trump admin.)
-Institutional Concerns-
NSTR
-Economic Indicators-
1. Dollar Reverses Gains, Trade War Eyed: The dollar index briefly surpassed 109 before trimming gains to settle at 108.6 on Tuesday, as traders closely monitored developments in the escalating trade war. The 10% US tariffs on Chinese imports took effect today, prompting an immediate response from Beijing, which imposed retaliatory tariffs on select US exports including oil, gas, coal, cars, and farm equipment, set to take effect on February 10th. (TradingEconomics)
2. US Factory Activity Returns to Growth: ISM: The ISM Manufacturing PMI for the US rose to 50.9 in January 2025 from a downwardly revised 49.2 in December 2024 and beating forecasts of 49.8. The reading pointed to the first expansion in the factory sector after 26 consecutive months of contraction. (TradingEconomics)
-Security Incidents and Concerns-
1. As DOGE teams plug into federal networks, cybersecurity risks could be huge, experts say: Allowing employees to plug computers with unknown security controls into the Office of Personnel Management (OPM) network could give a foreign adversary a fresh way to breach the system and obtain sensitive data, including information from federal employees’ background checks and security clearance records, they said. DOGE workers' access to the Department of Treasury’s payments system also threatens national security, the experts said, because it includes details of payments to intelligence contractors or highly personal data about national security officials. (TheRecord)
-Technology and Science-
1. China’s Chang’e-7 mission to send flying robot to moon’s south pole to look for water: China plans to deploy a smart robotic “flying detector” to search for water on the lunar south pole as part of its Chang’e-7 mission next year – one step in the nation’s goal of landing humans on the moon in five years. (SCMP)
-Bitcoin Community-
1. Bitcoin Hashrate Hits All-Time High Defying Analyst Expectations: Bitcoin (BTC) hashrate has reached another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data. This represents a 9% increase from 767 EH/s in the past few days. (CoinDesk)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Up 28 pts)
Analyst Comments (AC): There's a lot of 'noise' in media and social reporting today, making it a challenge to find the 'signal'.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 881,348
DTG/ICOD: 1200Z 29Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Deaths at India Festival / Another South Korean Air Incident / Russia Advancing in Ukraine / Trump Offers Parachute to Federal Workers / SecDef Pulls Gen Milley's Clearance / Trump EO Stops Child Gender Treatments / USDT Yanked From EU Offerings / Czech Governor Proposes Bitcoin Investments / South Dakota Among Others Seeking Bitcoin Reserves / New Nasdaq Company Follows Saylor Playbook / M2 Supply New ATH / Fed Decides on Rate Cut Today / AI Comes to Crypto / Half Marathon Pit Humans Vs Robots / Why SAB 121 Repeal Beats SBR
Market Data: Price: 1 BTC= $101,063, 37.07 oz Gold, .24 Median US House
24hr Hi: $103,730 / Lo: $100,238
Vol: $42B (Down 29%)
Mkt Cap: $2.02T (Down 1%)
HashRate: 777 EH/s
Avg Fee Rate: 2 sats/vBtye (Even)
---Reports---
-International Events-
1. Multiple people killed in crowd crush at world’s largest religious festival: Multiple people were killed in a crowd crush at the world’s largest religious gathering in India early Wednesday, as tens of millions of devotees went to bathe in a river on one of the most sacred days of a Hindu festival. An official source at a local hospital told CNN they have received 35 bodies, with more coming in, meaning the death toll is expected to rise. About 20 people were also treated for minor injuries. (CNN)
2. Air Busan Airbus plane catches fire at South Korea's Busan airport: All 169 passengers and seven crew members were evacuated, with three having minor injuries. It is a month since the deadliest air disaster on South Korean soil when a Jeju Air crashed on Muan Airport's runway as it made an emergency belly landing, killing all but two of the 181 people and crew members on board.(Reuters)
3. Russia Advances in Donetsk as North Korean Troops Bolster Its Forces: Russian forces are close to capturing Velyka Novosilka in Donetsk Oblast, having split the town and trapped Ukrainian defenders. Ukraine's 880,000 soldiers face 600,000 Russian troops, now bolstered by North Korean forces. The potential fall of Velyka Novosilka would mark Russia's first major victory this year, threatening Ukrainian logistics and bringing Russian forces within 15 kilometers of previously untouched Dnipropetrovsk Oblast. (GroundNews)
-US Events-
1. Trump Administration Offers Millions of Federal Workers Payouts to Resign: The Trump administration on Tuesday offered roughly two million federal workers the option to resign but be paid through the end of September. In an email, the Office of Personnel Management, an agency that oversees the federal civilian work force, gave employees the option to leave their positions by typing the word “resign” into the subject line of an email and hitting send. Workers have until Feb. 6 to accept the offer. (NYTimes)
2. Defense Secretary Pete Hegseth Pulls General Milley’s Security Detail, Suspends Clearance, Orders Review into His Conduct: Defense Secretary Pete Hegseth has informed Chairman of the Joint Chiefs of Staff retired Army Gen. Mark Milley that he is revoking his personal security detail and suspending his security clearance. Hegseth is also directing the acting Department of Defense Inspector General to conduct a review board to determine whether he should keep his rank as a retired-four star general, due to his actions undermining the chain of command at the end of President Donald Trump’s first term. (Breitbart) (AC-If there was any doubt to the seriousness of the
3. Trump Executive Order Bans "Chemical And Surgical Mutilation" Of Children: Hours after signing an executive order restricting transgender service in the US military, President Donald Trump on Tuesday signed a sweeping executive order banning the "chemical and surgical mutilation" of children, in a move that takes direct aim at pediatric gender transition treatments. (ZeroHedge)
-Regulatory and Legal-
1. CryptoCom to delist Tether USDT, 9 other tokens in Europe on Jan. 31: Crypto.com will suspend purchases of Tether USDT
along with nine other tokens in line with Europe’s MiCA regulations on Jan. 31. After delisting the stablecoin in mid-December 2024, Coinbase Europe offered its clients conversion of USDT into MiCA-compliant options, including Circle’s USD Coin. (CoinTelegraph) (AC-Tyrannies are fueled through regulation.)
-Central Bank Digital Currencies/World Currencies-
1. Czech Central Bank Governor to Present Plan to Add Bitcoin to Its Reserve: Czech National Bank Governor Ales Michl said in an interview with Financial Times that he will present a bitcoin investment plan to the board on Thursday, which, if approved, could see the apex bank diversify 5% of its $146.13 billion reserves into the leading cryptocurrency by market value. (CoinDesk)
2. South Dakota's Representative to Introduce Bitcoin Reserve Bill to House: South Dakota is considering a bill to include Bitcoin in its financial reserves, following other states like Texas, Florida, and Pennsylvania. (Decrypt)
-Institutional Concerns-
1. Nasdaq-Listed Nuvve Reveals Bitcoin Stockpile Plans: Nuvve, a Nasdaq-listed green energy company, announced plans to allocate 30% of its cash reserves to purchase Bitcoin, following the trend set by MicroStrategy. The move aims to diversify the company's treasury holdings and potentially yield better returns for shareholders. (Decrypt) (AC-Game theory indicators all over the place.)
-Economic Indicators-
1. M2 Money Supply Approaches All-Time High, Bullish Signal for Crypto: The M2 money supply continued to increase in December 2024, now shy of its all-time high of $22 trillion. The M2 money supply has clocked in a new monthly high every month since January 2024. The M2 money supply influences CPI by affecting inflation trends. While the Federal Reserve is actively tightening through quantitative easing and keeping the Fed funds rate at an elevated level while trying to bring CPI back down to its 2% inflation target, the M2 money supply continues to grow. (CoinDesk)
2. Nasdaq Futures Rise, S&P 500 and Dow Jones Fluctuate: US stock futures were cautious on Wednesday, with S&P 500 and Dow Jones futures hovering around the flatline, while Nasdaq 100 edged up 0.4% as traders awaited the FOMC decision later in the day. The Federal Reserve is widely expected to hold interest rates steady, pausing its rate-cut cycle. (TradingEconomics)
-Security Incidents and Concerns-
NSTR
-Technology and Science-
1. Erik Voorhees’s Venice AI Launches on Base: Privacy-focused AI startup Venice debuted its API service on Coinbase’s Ethereum L2 platform Base on Monday, giving users unfettered access to open-source large language models (LLMs) like Llama and the suddenly popular Deepseek. (BitcoinCom)
2. China Announces First-Ever Marathon Race Between Humans and Robots: Scheduled for April, this race will see 12,000 human participants and bipedal robots from over 20 companies compete across a 13-mile course in Beijing's Economic-Technological Development Area, also known as E-Town. (TechTimes)
-Bitcoin Community-
1. Preston Pysh Explains Why SAB 121 Beats a Strategic Bitcoin Reserve: Bitcoin custody is now treated as an asset, not a liability, dramatically lowering barriers for major banks like JPMorgan and others to enter the Bitcoin ecosystem. As Pysh notes, “All the major banking institutions are now wanting to take this on. There could be loan products, all sorts of things that can pop out of this.” Reserves can be subject to the priorities of the administration in power. A pro-Bitcoin government might amass reserves, only for a subsequent administration to reverse course. In contrast, institutional adoption driven by the rescission of SAB 121 creates a systemic entrenchment. Large-scale integration by private banks and financial institutions is harder to unwind and more likely to persist across political cycles. (BitcoinMag) (AC-A good article for clarity on the how and why of game theory dynamics.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Even)
Analyst Comments (AC): If there was any doubt to the seriousness of the new Trump administration, this week's actions prove the intent: to crush the deep state. From directly nullifying Gen. Milley to telling millions of government workers to resign, Trump is not wasting time. These are unprecedented moves for a presidential administration and certain to cause legal and cultural blowback. We can at the least expect protests soon, as millions of disaffected progressives look to bite back. More serious responses are probable though.
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 881,202
DTG/ICOD: 1200Z 28Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Congo Fighting Rages / Mexican Cartels, US Border Patrol Exchange Fire / Trump Pauses All Grants and Loans / 4 EOs To Reshape the Military / Senate Confirms Bessent as Treasury Secretary / Ripple CEO Pushes XRP for SBR / BTC EFT Inflow Almost $2B / Nasdaq Proposes In-Kind Redemption (Not for Retail) / Stocks Drop on DeepSeek Info While Hackers Target DeepSeek / Sam Altman's WorldCoin Hits Snag in Brazil / Cramer Says 'Own Bitcoin'
Market Data: Price: 1 BTC= $102,835, 37.39 oz Gold, .24 Median US House
24hr Hi: $103,359 / Lo: $98,861
Vol: $60B (Down 4%)
Mkt Cap: $2.03T (Up 1%)
HashRate: 775 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 30%)
Nodes: 21,451
---Reports---
-International Events-
1. Fighting rages in Congo's Goma while embassies attacked in capital: Dead bodies lay in the streets, gunfire rang out and hospitals were overwhelmed in east Congo's largest city on Tuesday, as M23 rebels backed by Rwanda faced pockets of resistance from army and pro-government militias. A day after the rebels marched into the lakeside city, protesters in the capital attacked a U.N. compound and embassies including those of Rwanda, France and the United States, (Reuters)
2. Mexican Cartel Terrorists Open Fire on U.S. Agents in Texas near Border: Rio Grande Valley Sector Border Patrol agents exchanged gunfire with the cartel members and sought cover as reinforcements were summoned. The agents did not sustain injuries during the initial exchange of gunfire. (Breitbart)
-US Events-
1. All federal grants and loan disbursement paused by White House: Federal agencies “must temporarily pause all activities related to obligation or disbursement of all Federal financial assistance,” White House OMB acting director Matthew Vaeth said in the memorandum. The pause also blocks the issuance of new grants. The memo specifies that the pause will not affect Social Security or Medicare benefits, nor does it include “assistance provided directly to individuals.” (CNN)
2. Trump signs 4 executive orders to reshape the military: "First is an executive order reinstating members of the military who were terminated or forced to separate because of the vaccine mandates. The second item was an executive order establishing a process to develop what we're calling an American Iron Dome; a comprehensive missile defense shield to land the American homeland," Scharf said. "The third executive order that President Trump signed relates to eliminating gender radicalism in the military, and the fourth is about eliminating DEI set asides and DEI offices within the military," Scharf added. (ABC)
3. Senate confirms Scott Bessent as Treasury secretary: The vote was 68-29. As head of the Treasury, 62-year-old Bessent faces pressure to address the federal debt limit and work with congressional Republicans to extend Trump’s 2017 Tax Cuts and Jobs Act. He’ll also have to contend with Trump’s plans to enact tariffs on goods coming in from Mexico, Canada and China. (CNN)
-Regulatory and Legal-
NSTR
-Central Bank Digital Currencies/World Currencies-
1. Ripple CEO Brad Garlinghouse opposes Bitcoin only reserve for US: In a Jan. 28 post on X, Garlinghouse suggested that a future US digital asset reserve should reflect the diversity of the crypto ecosystem. He argued that restricting such a reserve to a single token would fail to capture the broader landscape of the industry. Garlinghouse’s comment comes as tensions between the XRP community and Bitcoin supporters have escalated, with claims that Ripple has lobbied against establishing a Bitcoin reserve. (CryptoSlate) (AC-Bitcoiners are hitting the Ripple CEO pretty hard, mostly with facts and distain for his anti-bitcoin past.)
-Institutional Concerns-
1. Bitcoin and Ethereum ETFs Add $1.9 Billion During Trump's Busy First Week: Bitcoin made the most significant gains last week, accounting for $1.6 billion, or more than 80%, of all inflows into digital asset-based products. (Decrypt)
2. Nasdaq Proposes In-Kind Redemptions for BlackRock’s Bitcoin ETF: Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs. While this option would only be available to institutional participants and not retail investors, experts suggest that the improved efficiency could indirectly benefit everyday investors. (BitcoinMag)
-Economic Indicators-
1. US Stocks Drop on AI Concerns, Nvidia Falls 16.8%: U.S. stocks, particularly in the tech sector, plunged on Monday, with chipmakers like Nvidia falling 16.8%, while Broadcom, Oracle, and Arista lost between 13.8% and 22.4%. The Nasdaq and S&P 500 closed down 2.8% and 1.3%, respectively, after rising concerns over a new AI competitor from China. (TradingEconomics)
-Security Incidents and Concerns-
NSTR
-Technology and Science-
1. DeepSeek hit with large-scale cyberattack, says it’s limiting registrations: DeepSeek has seen its web traffic surge from a mere 280,000 visitors all the way to 6.2 million. The interest in DeepSeek may have also caused hackers to launch a DDoS attack against the company’s site. On Monday morning, the Chinese company "temporarily" blocked some access to new users, citing “large-scale malicious attacks”. (PCMag)
2. Sam Altman's 'World' Project Banned in Brazil to Stop Collecting Iris Scans for Crypto Payments: The Sam Altman co-founded venture, World, has been making significant buzz in the tech industry, particularly as it offers the Worldcoin cryptocurrency as payment for a person's biometrics. Brazil's ANPD revealed that it is taking preventive measures against Tools for Humanity and World as it sought to protect Brazilians' data, more particularly their iris scans from being kept by the company on record. (TechTimes) (AC-Win!)
-Bitcoin Community-
1. Bitcoin Miner Hive Digital to Buy Paraguay Site From Bitfarms for $85M: The acquisition of the site in Yguazú, Paraguay will increase the company's hashrate to 25 EH/s from 6 Eh/s by September. (CoinDesk)
2. Mad Money host Jim Cramer says 'you should own Bitcoin' instead of MicroStrategy: "If you want to own Bitcoin, own Bitcoin," Cramer said on Mad Money. "I own Bitcoin, you should own Bitcoin, Bitcoin is a great thing to have in your portfolio but not MicroStrategy, that's enough." (TheBlock) (AC-Is the "Cramer effect" fading?)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Up 1 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 881,202
DTG/ICOD: 1200Z 28Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Congo Fighting Rages / Mexican Cartels, US Border Patrol Exchange Fire / Trump Pauses All Grants and Loans / 4 EOs To Reshape the Military / Senate Confirms Bessent as Treasury Secretary / Ripple CEO Pushes XRP for SBR / BTC EFT Inflow Almost $2B / Nasdaq Proposes In-Kind Redemption (Not for Retail) / Stocks Drop on DeepSeek Info While Hackers Target DeepSeek / Sam Altman's WorldCoin Hits Snag in Brazil / Cramer Says 'Own Bitcoin'
Market Data: Price: 1 BTC= $102,835, 37.39 oz Gold, .24 Median US House
24hr Hi: $103,359 / Lo: $98,861
Vol: $60B (Down 4%)
Mkt Cap: $2.03T (Up 1%)
HashRate: 775 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 30%)
Nodes: 21,451
---Reports---
-International Events-
1. Fighting rages in Congo's Goma while embassies attacked in capital: Dead bodies lay in the streets, gunfire rang out and hospitals were overwhelmed in east Congo's largest city on Tuesday, as M23 rebels backed by Rwanda faced pockets of resistance from army and pro-government militias. A day after the rebels marched into the lakeside city, protesters in the capital attacked a U.N. compound and embassies including those of Rwanda, France and the United States, (Reuters)
2. Mexican Cartel Terrorists Open Fire on U.S. Agents in Texas near Border: Rio Grande Valley Sector Border Patrol agents exchanged gunfire with the cartel members and sought cover as reinforcements were summoned. The agents did not sustain injuries during the initial exchange of gunfire. (Breitbart)
-US Events-
1. All federal grants and loan disbursement paused by White House: Federal agencies “must temporarily pause all activities related to obligation or disbursement of all Federal financial assistance,” White House OMB acting director Matthew Vaeth said in the memorandum. The pause also blocks the issuance of new grants. The memo specifies that the pause will not affect Social Security or Medicare benefits, nor does it include “assistance provided directly to individuals.” (CNN)
2. Trump signs 4 executive orders to reshape the military: "First is an executive order reinstating members of the military who were terminated or forced to separate because of the vaccine mandates. The second item was an executive order establishing a process to develop what we're calling an American Iron Dome; a comprehensive missile defense shield to land the American homeland," Scharf said. "The third executive order that President Trump signed relates to eliminating gender radicalism in the military, and the fourth is about eliminating DEI set asides and DEI offices within the military," Scharf added. (ABC)
3. Senate confirms Scott Bessent as Treasury secretary: The vote was 68-29. As head of the Treasury, 62-year-old Bessent faces pressure to address the federal debt limit and work with congressional Republicans to extend Trump’s 2017 Tax Cuts and Jobs Act. He’ll also have to contend with Trump’s plans to enact tariffs on goods coming in from Mexico, Canada and China. (CNN)
-Regulatory and Legal-
NSTR
-Central Bank Digital Currencies/World Currencies-
1. Ripple CEO Brad Garlinghouse opposes Bitcoin only reserve for US: In a Jan. 28 post on X, Garlinghouse suggested that a future US digital asset reserve should reflect the diversity of the crypto ecosystem. He argued that restricting such a reserve to a single token would fail to capture the broader landscape of the industry. Garlinghouse’s comment comes as tensions between the XRP community and Bitcoin supporters have escalated, with claims that Ripple has lobbied against establishing a Bitcoin reserve. (CryptoSlate) (AC-Bitcoiners are hitting the Ripple CEO pretty hard, mostly with facts and distain for his anti-bitcoin past.)
-Institutional Concerns-
1. Bitcoin and Ethereum ETFs Add $1.9 Billion During Trump's Busy First Week: Bitcoin made the most significant gains last week, accounting for $1.6 billion, or more than 80%, of all inflows into digital asset-based products. (Decrypt)
2. Nasdaq Proposes In-Kind Redemptions for BlackRock’s Bitcoin ETF: Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs. While this option would only be available to institutional participants and not retail investors, experts suggest that the improved efficiency could indirectly benefit everyday investors. (BitcoinMag)
-Economic Indicators-
1. US Stocks Drop on AI Concerns, Nvidia Falls 16.8%: U.S. stocks, particularly in the tech sector, plunged on Monday, with chipmakers like Nvidia falling 16.8%, while Broadcom, Oracle, and Arista lost between 13.8% and 22.4%. The Nasdaq and S&P 500 closed down 2.8% and 1.3%, respectively, after rising concerns over a new AI competitor from China. (TradingEconomics)
-Security Incidents and Concerns-
NSTR
-Technology and Science-
1. DeepSeek hit with large-scale cyberattack, says it’s limiting registrations: DeepSeek has seen its web traffic surge from a mere 280,000 visitors all the way to 6.2 million. The interest in DeepSeek may have also caused hackers to launch a DDoS attack against the company’s site. On Monday morning, the Chinese company "temporarily" blocked some access to new users, citing “large-scale malicious attacks”. (PCMag)
2. Sam Altman's 'World' Project Banned in Brazil to Stop Collecting Iris Scans for Crypto Payments: The Sam Altman co-founded venture, World, has been making significant buzz in the tech industry, particularly as it offers the Worldcoin cryptocurrency as payment for a person's biometrics. Brazil's ANPD revealed that it is taking preventive measures against Tools for Humanity and World as it sought to protect Brazilians' data, more particularly their iris scans from being kept by the company on record. (TechTimes) (AC-Win!)
-Bitcoin Community-
1. Bitcoin Miner Hive Digital to Buy Paraguay Site From Bitfarms for $85M: The acquisition of the site in Yguazú, Paraguay will increase the company's hashrate to 25 EH/s from 6 Eh/s by September. (CoinDesk)
2. Mad Money host Jim Cramer says 'you should own Bitcoin' instead of MicroStrategy: "If you want to own Bitcoin, own Bitcoin," Cramer said on Mad Money. "I own Bitcoin, you should own Bitcoin, Bitcoin is a great thing to have in your portfolio but not MicroStrategy, that's enough." (TheBlock) (AC-Is the "Cramer effect" fading?)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Up 1 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 881,051
DTG/ICOD: 1200Z 27Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Columbia Reverses, Will Take Migrants From US / Rwanda Rebels Take DRC City / Palestinians Returning to Gaza / SecState Rubio Pauses All Foreign Aid / ICE Arrests Nab Gang Members / Protests Arise Against Deportations / BTC VS XRP in the SBR / Russia Pushing Digital Ruble / Companies Continue Bitcoin Buying / AI Newcomer DeepSeek Spooks Markets / iPhone Message Phishing Cracks Security / Poland Increases Bitcoin ATMs
Market Data: Price: 1 BTC= $101,048, 36.08 oz Gold, .23 Median US House
24hr Hi: $105,227 / Lo: $97,795
Vol: $60B (Up 187%)
Mkt Cap: $1.97T (Down 5%)
HashRate: 776 EH/s
Avg Fee Rate: 3 sats/vBtye (Down 40%)
Nodes: 21,451
---Reports---
-International Events-
1. Colombia Caves On Deportations After Trump Threats: Colombia on Sunday backed down and agreed to accept deported citizens sent on US military aircraft, hours after President Donald Trump threatened painful tariffs to punish the defiance to his mass deportation plans. Colombia's leftist president, Gustavo Petro, had earlier said he would only take back citizens "with dignity," such as on civilian planes, and had turned back two US military aircraft with repatriated Colombians. Trump said he would suspend implementation of the tariffs. (IBTimes)
2. DRC conflict: M23 rebels enter Goma after claiming capture of city: Rwanda-backed M23 rebels have captured eastern DR Congo’s largest city, Goma, as the United Nations reported “mass panic” with the government dubbing the insurgency a “declaration of war”. The M23 rebel movement also announced a coup d’etat in a statement. The eastern borderlands of DRC are a tinderbox of rebel and militia fiefdoms stemming from two regional wars after Rwanda’s 1994 genocide, when Hutu extremists murdered close to 1 million Tutsis and moderate Hutus. M23 is the latest in a long line of Tutsi-led rebel movements. (TheGuardian)
3. Palestinians return to devastated northern Gaza: Tens of thousands of displaced Gaza residents ended months of exile in temporary camps and began returning to what was left of their homes on Monday after Israel opened a corridor into the north of the battered enclave. Hamas and Israel agreed to release more hostages, including Yehud, on Thursday and Saturday, the Israeli Prime Minister’s Office said on Sunday. (CNN)
-US Events-
1. Rubio pauses foreign aid from State Department and USAID to ensure it puts ‘America First’: He (SECSTATE) is initiating a review of all foreign assistance programs to ensure they are efficient and consistent with U.S. foreign policy under the America First agenda. President Trump stated clearly that the United States is no longer going to blindly dole out money with no return for the American people." (Fox)
2. Multi-Agency Task Force Arrests Tren de Aragua Members in Immigration Raid: A surprise early morning immigration raid on a makeshift nightclub in the Denver Metro area resulted in the arrest of approximately 50 migrants in an illegal status, including some with connections to the violent Venezuelan Tren de Aragua gang. (Breitbart)
3. U.S. Cities Witness Protests Against ICE Deportation Policies: Protests against Immigration and Customs Enforcement (ICE) and deportation policies are occurring across several U.S. cities including Chicago, Dallas, and Hartford. Demonstrators, including many displaying foreign flags, have been marching, chanting for rights, and in some instances, blocking traffic to protest against ICE's actions. These actions include mass deportation initiatives, where even undocumented immigrants without criminal records are being detained, as recently executed in Texas. (Various, X)
-Regulatory and Legal-
1. Bitcoin Vs. XRP: Will BRICS Influence The US Crypto Reserve?: An online confrontation broke out between the Bitcoin and XRP communities over the weekend, fueled by former President Donald Trump’s last weeks’ announcement of a “Digital Asset Stockpile”. In a post on X on Sunday, Maj. Jason Lowery expressed skepticism about whether governments like those in the BRICS bloc (Brazil, Russia, India, China, and South Africa) would ever adopt a cryptocurrency that is perceived to be under US jurisdiction. “If you cannot confidently say that nations like China or Russia will add massive amounts of your favored crypto asset to their strategic reserves, then you are being insincere—and you’re undermining the future security and prosperity of this nation.”, he said. (Bitcoinist)
-Central Bank Digital Currencies/World Currencies-
1. Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool: Deputy Chairman of the State Duma Committee highlighted the advancements that the digital ruble would bring to controlling budget expenditures and overseeing public spending. In addition, Kiryanov commented on the possibilities that the digital ruble would open for international exchanges in the context of the sanctions the Western world has enacted against Russia. (BItcoinCom)
-Institutional Concerns-
1. Real Estate Firm Fathom Holdings Adopts MicroStrategy's Bitcoin Reserve Plan: Fathom Holdings, a real estate tech company listed on Nasdaq, plans to allocate up to half of its excess cash reserves to Bitcoin. The company aims to accept Bitcoin from customers and potentially invest in Bitcoin exchange-traded funds in the near future. (Decrypt)
2. MicroStrategy buys another 10,107 bitcoin for $1.1 billion, bringing holdings to 471,107 BTC: To put that in perspective, MicroStrategy holds more than 2.2% of bitcoin’s total 21 million supply. (TheBlock)
-Economic Indicators-
1. US 10Y Bond Yield Hits 5-week Low: US 10 Year Government Bond Yield decreased to a 5-week low of 4.51%. Over the past 4 weeks, US 10 Year Note Bond Yield lost 2.50 basis points, and in the last 12 months, it increased 42.70 basis points. (TradingEconomics)
2. US Futures Sink on AI Concerns: US stock futures tumbled on Monday, with S&P 500 contracts down 1.8%, the Dow Jones dropping roughly 450 points, and the Nasdaq 100 sliding over 3%, driven by growing concerns about the US's dominance in AI. Chinese startup DeepSeek's latest AI model, praised for its cost-effectiveness and ability to operate on less-advanced chips, garnered significant attention as its AI Assistant overtook ChatGPT to become the top-rated free app on the US Apple App Store. (TradingEconomics)
3. Bitcoin Tumbles on Profit-Taking: Bitcoin tumbled around 4% to fall below $100,000 on Monday, erasing gains from the previous week as a wave of profit-taking swept through the market. (TradingEconomics)
-Security Incidents and Concerns-
1. Scammers find sneaky way to bypass your iPhone's safety features: Cybercriminals have devised a new method to circumvent Apple's built-in phishing protection for iMessage, potentially exposing you to malicious links and scams. Apple's iMessage automatically disables links in messages from unknown senders as a security measure. By instructing you to reply to the message, often with a simple "Y," the attackers can re-enable previously disabled links. This seemingly innocuous action not only activates the links but also signals to the scammers that they've found an engaged target for future attacks. (Fox)
2. Blockchain Security Breach: $29M in SUI Tokens Stolen and Laundered: On January 26, details of the exploit were disclosed, revealing that a major holder on the Sui network fell victim to the attack. Reports indicate that on December 12, an unauthorized entity managed to drain 6.27 million SUI tokens. The stolen assets were then moved from the Sui blockchain to Ethereum using bridging mechanisms before being laundered through Tornado Cash in fragmented transactions to obscure their origin and hinder traceability. (CoinTrust) (AC-This is only one reason to not shitcoin.)
-Technology and Science-
1. Chinese researchers just built an open-source rival to ChatGPT in 2 months. Silicon Valley is freaked out. China has released a cheap, open-source rival to OpenAI's ChatGPT called DeepSeek-V3, built in two months for just $5.58 million, according to DeepSeek. DeepSeek's models are significantly cheaper to operate, costing one-thirtieth of OpenAI's GPT-4, as stated in their published API pricing. (GroundNews)
2. The release of #DeepSeek could shake up the market this week, raising serious questions about the sustainability of recent AI-driven gains. $NVDA, the backbone of AI hardware and infrastructure, now faces a tough reality—DeepSeek’s tech may reduce the demand for their hardware, leaving them and the big 7 US tech companies overvalued and exposed to corrections. Bitcoin stays unaffected fundamentally, but miners might even find new opportunities with spare data center capacity. $BTC took a dip (as the main market trading over the weekend), reflecting broader market adjustments ahead of the US stock market opening. (X)
-Bitcoin Community-
1. Poland overtakes El Salvador in global Bitcoin ATM count: Poland surpasses El Salvador to become the fifth-largest Bitcoin ATM hub globally, recording 219 active machines amid a four-month installation spree. (CoinTelegraph)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 71/100 (Down 4 pts)
Analyst Comments (AC): "Altcoin" season is in full swing, which means reporting on scams, rug pulls, and shady entities will increase. The narratives from Bitcoiners should not be flippant and insincere, but rather educational and helpful. Newcomers don't know enough to make good decisions so lets continue to provide light in the darkness.
Follow us on NOSTR: @Bitcoin Veterans
Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report