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Bitcoin Veterans - A Veteran Support Group whose mission is to connect and coordinate Veterans to advance our Oaths of Defending Freedom
Talking Localism with @ODELL What we need is globally connected economies and communication with locally focused incentives
“You need to have strong local communities. You need to have neighbors helping neighbors.” @ODELL on Citadels
BTC Daily Intelligence Bulletin (DIB) Block: 835,775 DTG/ICOD: 0800EST 22Mar24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US/EU Ratchet Up Pressure on Israel / Haiti Chaos Continues / Aussies Buying Nuke Subs / US Omnibus Spending Bill Going Through / Mexico Say No / Central Banks Worldwide Pause Before Acting Market Data: Price: 1 BTC= $64,373, 29.66 oz Gold, .15 Median US House 24hr Hi: $67,686/ Lo: $64,093 Vol: $41B (Down 28%) Mkt Cap: $1.27T (Down 4%) HashRate: 527 EH/s Avg Fees: 8,565 sats/tx (Down 8%) Nodes: 18,471 ---Reports--- -International Events- 1. US, EU ratchet up pressure on Israel over Gaza ceasefire; UN vote planned: Security Council expected to vote on Friday on US-drafted ceasefire resolution with talks to continue in Qatar. (AlJazerra) 2. Carnage on the streets of Port-au-Prince as world stalls on a promised intervention for Haiti: For three weeks, Haiti’s capital has been trapped in a gory cycle that far exceeds the kidnapping and gang violence for which it was already known. An insurgent league of heavily armed gangs is waging war on the city itself, seeking new territory and targeting police and state institutions. Scared and angry, vigilante groups are blocking off their neighborhoods with felled trees and chains, killing and burning outsiders suspected of gang membership. It’s the only way, they say, to defend themselves. (CNN) 3. $3 billion deal with the UK gets Australia closer to having a fleet of nuclear-powered submarines: Australia is set to provide 4.6 billion Australian dollars ($3 billion) to British industry to support the construction of nuclear-powered submarines and ensure its new fleet arrives on time. (AP) -US Events- 1. Congress rushes to approve final package of spending bills before shutdown deadline: With spending set to expire for several key federal agencies at midnight Friday, the House and Senate are expected to take up to spare a $1.2 trillion measure that combines six annual spending bills into one package. More than 70% of the money would go to defense. (AP) 2. Mexico, a key U.S. ally on migration, pushes back hard on Texas law: President Andrés Manuel López Obrador has denounced the measure as “draconian.” He says his government will reject any attempt by Texas officials to send migrants back to Mexico. (WashPo) -Regulatory and Legal- 1. Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds: Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” (bitcoincom) -Institutional Concerns- 1. Over $2.5 Billion in Bitcoin and Ethereum Options Expire Amid Market Pullback: In a significant turn of events, the cryptocurrency market has experienced a considerable pullback, with over $2.5 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expiring today. (blockchainreporter) -Central Bank Digital Currencies (CBDC)- 1. UAE Central Bank piloting CBDC with UAE Commercial Banks and payment processors: UAE Central Bank is encouraging all UAE Commercial banks and payment processors to participate in pilot integration for CBDC digital dirham. All UAE licensed financial institutions will adopt digital dirham by 2026. (cryptopolitan) -Economic Indicators- 1. Bank of England Holds Rates as Switzerland Is First Rich Economy to Cut: In Switzerland, with inflation now well within the SNB’s target range, the bank cut its key rate to 1.5% from 1.75%, where it had been since June. Inflation is now expected below 2% over the next few years, having come in at 1.2% in February, the SNB said. (WSJ) -Security Incidents and Concerns- NSTR -Bitcoin Community- 1. Drop in Bitcoin Wallet Activity Raises Concerns Among Traders: Bitcoin wallet activity has dropped in the last 10 days. The number of Bitcoin non-zero coin wallets has dropped by 311,000, according to Santiment data. This drop means fewer people are trading Bitcoin. History shows that wallet activity drops during market FUD (fear, uncertainty, and doubt). (blockchainreporter) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 75/100 (Down 4 pts) Analyst Comments (AC): Central banks worldwide are mostly holding interest rates steady, but signs of easing rates are beginning to appear. With the Swiss bank's drop in rates, among others, bankers are looking to stimulate economies again. The Keynesian game continues as it has for over 100 years, namely, controlling economies as desired by governments and debasing the savings of workers. From an economic standpoint, it seems that humanity is on the brink of paradigm shift as the new "digital property" of Bitcoin begins to offer savers a new option other than hard assets. The shift will take time and pain to accelerate it, and economic education will be necessary to help savers understand how to preserve the efforts of their work. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
After learning that Elon is building swarm spy satellites for the USG on Rabbit Hole Recap, it might be time for us to X-it We’re prepared for @ODELL giving us shit about it tonight. We’ve been yelled at before. View quoted note →
Join Bitcoin Veterans LIVE tonight at 7pm ET (2300UTC) with guest @ODELL Did we mention it’s going to be LIVE?! YouTube.com/@BitcoinVeterans
Join us LIVE tonight at 7pm ET on spaces and on YouTube! We’ll be talking to @ODELL! Odell is a cofounder of OpenSats and Bitcoin Park and is a managing partner at Ten31, the world’s leading bitcoin technology investor Grab a bourbon, grab a buddy, and join us LIVE for a great experience!
BTC Daily Intelligence Bulletin (DIB) Block: 835,650 DTG/ICOD: 0800EST 21Mar24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US Calls for Immediate Ceasefire in Gaza / Hong Kong Feels the Totalitarian Curtain Drop / Prison Break in Idaho, 3 Officers shot / Preteens Arrested for Bank Robbery / Grayscale Hints at Dropping Fees / Fed to Maintain Rates / Anonymous Claims to Hack Israeli Nuke Site Market Data: Price: 1 BTC= $67,128, 30.42 oz Gold, .16 Median US House 24hr Hi: $68,199/ Lo: $62,082 Vol: $57B (Down 11%) Mkt Cap: $1.31T (Up 6%) HashRate: 490 EH/s Avg Fees: 9,109 sats/tx (Down 10%) Nodes: 18,294 ---Reports--- -International Events- 1. Blinken: U.S. submitted draft resolution to UN calling for Gaza ceasefire: Secretary of State Antony Blinken said Wednesday the U.S. has submitted a draft resolution to the UN Security Council that calls "for an immediate ceasefire" in Gaza that's "tied to the release" of hostages held by Hamas. (Axios) 2. Closed Bookstores, Canceled Shows: A Sad Silence Descends on Hong Kong: As China wraps its authoritarian rule more tightly around this once-boisterous metropolis, no corner of society has been left untouched. Bookstores are closing, shows have been canceled and opposition to the government—once a rallying force—is now mostly whispered between friends behind closed doors. (WSJ 3. Indonesia: Prabowo Subianto confirmed as president-elect as rivals allege fraud: Indonesia's defence minister Prabowo Subianto has been declared the winner of last month's presidential election in the world's third largest democracy.(BBC) -US Events- 1. Georgia inmate executed for first time in 4 years for 1993 rape and murder: Willie James Pye, 59, was executed at the Georgia Diagnostic and Classification Prison in Jackson at 11:03 p.m. by lethal injection. Pye was convicted of murdering his ex-girlfriend, Alicia Yarbrough, in 1993. His execution is the first execution since 2020. (WSB-Atlanta) 2. 3 corrections officers wounded after ambush at Boise hospital springs inmate from custody: Corrections officers were preparing to take Skylar Meade back to the Idaho Maximum Security Institution – about 11 miles away – when “an unknown suspect attacked and fired at the officers, striking two of them,” Winegar said. Meade and the suspected shooter got into a gray four-door sedan, a 2020 Honda Civic, and fled the area just before police officers arrived, according to the chief. (CNN) 3. FBI: ‘Little rascals’ trio, ages 11, 12 and 16, arrested for robbing a Houston bank: The FBI’s Houston office says they were wanted for robbing a Wells Fargo bank in the Greenspoint area of north Houston on March 14. The FBI posted an image of the trio on X, showing all three of them wearing hoodies inside the bank’s lobby. The boys passed a threatening note to a teller before fleeing on foot with an undisclosed amount of cash. The parents of two of the boys identified them after their photos were released, while a third boy was recognized by a law enforcement officer following a fight. (AP) -Regulatory and Legal- 1. Dutch Prosecutors Reportedly Charge Tornado Cash Developer With Money Laundering: Alexey Pertsev, a developer for Tornado Cash, has reportedly been indicted by prosecutors in the Netherlands. They accuse him of laundering $1.2 billion. Pertsev’s attorney confirmed the prosecutors’ intent to charge his client. According to Dutch prosecutors, while a crypto-mixing service is not “inherently illegal,” using it to launder criminal assets is punishable. (BitcoinCom) -Institutional Concerns- 1. Grayscale CEO Confirms Fees Will Reduce As Outflows Cross $12 Billion: In a recent interview, Grayscale’s Chief Executive Officer (CEO), Michael Sonnenshein, disclosed to CNBC that the fees for the company’s Spot Bitcoin ETF (GBTC) will decrease over time. (Bitcoinist) (AC-There is certainly a reason for Grayscale to have left their fees almost a full point higher than other competitors and the resultant exodus from GBTC. The dumping of GBTC and selling of underlying bitcoin have kept the price relatively stable while institutions and whales have been buying bitcoin or the ETFs. The reason for the policy may be as benign as to capture high fees for a little longer or as nefarious as cooperation with other institutions to allow key clients to buy before the halving and supply drive the bitcoin price much higher.) -Central Bank Digital Currencies (CBDC)- 1. Sweden’s central bank says ‘problems may arise’ in offline CBDC payments: Sweden’s central bank, Riksbank, cautioned in its recent research note on CBDCs about the potential risks associated with unsynchronized data in offline payments. Highlighting the importance of synchronizing offline transactions with online balances, the bank addressed concerns regarding liquidity risks stemming from shadow wallets, and intermediary nodes that facilitate connections between offline and online wallets. (CryptoNews) -Economic Indicators- 1. The FOMC held interest rates level yesterday. Gold rose on the news to over $2,200/oz, the SP500 rose to a new ATH, and BTC rose almost 6%. (TradingEconomics) -Security Incidents and Concerns- 1. Anonymous claims hack on Israeli nuclear facility: The hacktivist group ‘Anonymous’ has claimed a breach of Israel’s nuclear facility networks in Dimona as a protest against the war on Gaza. The hacktivists claimed to have stolen and published 7GB of documents, including thousands of PDF documents, emails, MS Excel and MS Word files, 28 zip archives, and PowerPoint presentations from the Shimon Peres Negev Nuclear Research Center. (CyberNews) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 78/100 (Up 4 pts) Analyst Comments (AC): From a totalitarian curtain dropping in Hong Kong, to increasingly brazen crime in the US, some days it seems the news portrays a dystopian future creeping up on us. There are certainly pockets of optimism and hope, and tribes are uniting globally to fight for freedom and common sense. This year the election cycle will unveil much of this 5GW war and its effect on all of us. In the meantime, changes can be made locally, networks built globally, and defense of rational freedoms fought wherever we can. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 835,535 DTG/ICOD: 0800EST 20Mar24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: IDF Kills Hamas #3 Commander / China Reacts to SECState Remarks Over Philippines / SCOTUS Rules in Favor of TX Immigration Law, Lower Judge Issues New Stay / Binance Legal Issues in Nigeria Continue / FOMC Remarks Maybe Today / Platform X Hacks Increasing / BTC Off Almost 15% From Highs Market Data: Price: 1 BTC= $63,331, 29.31 oz Gold, .15 Median US House 24hr Hi: $65,757/ Lo: $60,807 Vol: $64B (Down 5%) Mkt Cap: $1.24T (Even) HashRate: 753 EH/s Avg Fees: 10,120 sats/tx (Up 10%) Nodes: 18,265 ---Reports--- -International Events- 1. Israel Has Killed a Top Hamas Commander in Gaza: Airstrike killing Marwan Issa, the No. 3 official in the enclave, isn’t seen as a decisive blow. (WSJ) 2. Council to govern Haiti, prepare for foreign forces and elections, is almost complete: More than a week after being tasked by an international coalition to name a presidential transition council that will create a new government in Haiti and plan for elections, all but one of the panel members have been named. Eight names were to be forwarded to Haiti’s outgoing prime minister, Ariel Henry, a member of the Caribbean Community bloc known as CARICOM told the Miami Herald. Henry has said he will step down once the council is officially installed. (MiamiHerald) 3. China blasts US declaration of ‘ironclad’ alliance with Philippines: SECState Blinken promised on Tuesday during a trip to Manila that Washington retains an “ironclad” commitment to defend the Philippines. Beijing promptly responded to the US official’s statement, insisting that the US has “no right” to interfere in the South China Sea, where Beijing and Manila have competing territorial claims. (AlJazerra) -US Events- 1. Supreme Court Lifts Stay on Texas Law that Gives Police Powers to Arrest Migrants at Border: A divided Supreme Court has lifted a stay on a Texas law that gives police broad powers to arrest migrants suspected of crossing the border illegally while a legal battle over immigration authority plays out. (Breitbart) (AC- A late-night order from a 5th Circuit Judge has again halted the law, even after the SCOTUS ruling. (AP)) -Regulatory and Legal- 1. Court Orders Binance to Hand Over 'Comprehensive' User Data to Nigerian Authorities: A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance platform. (BitcoinCom) -Institutional Concerns- 1. Japan’s Trillion Dollar Pension Fund Considers Bitcoin For Diversification: On March 19, GPIF unveiled plans to devise new long-term investment policies aimed at adapting to the rapid technological changes and shifts within traditional finance. GPIF's holdings amount to approximately $1.54 trillion as of December 2023. (Forbes) -Central Bank Digital Currencies (CBDC)- 1. Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions: Lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal establishes different responsibilities for platform participants and the Central Bank of Russia, which is appointed as the main AML entity of the system. (BitcoinCom) -Economic Indicators- 1. Treasury Yields Edge Lower Ahead of Fed: The yield on the US 10-year Treasury note fell to 4.28% on Wednesday, retreating from November-highs of 4.34% touched early in the week, with traders eagerly waiting the FOMC decision later in the day. Traders are currently assigning a nearly 64% chance the first rate reduction will occur in June while the odds for July stand at 79%. (TradingEconomics) -Technological Updates- NSTR -Security Incidents and Concerns- 1. Trezor X Account Hacked, Shills Fake Crypto: Fraudulent messages from Trezor’s official account promoted a non-existent “$TRZR” token presale on the Solana network, deceiving users into sending funds to a specific Solana wallet and directing them to malicious links designed to drain their wallets. (CCN) 2. India's PM Modi Latest Victim Of Twitter Cryptocurrency Hack: Twitter disclosed Thursday that the account of Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, Reuters reported Thursday. (Benzinga) -Bitcoin Community- 1. Bitcoin Boom In Argentina: Why More People Are Choosing Crypto Over Dollars: With inflation persistently gnawing at the value of the peso, Argentines are increasingly turning to Bitcoin as a shield against the eroding purchasing power of their currency. This trend marks a potential turning point, potentially shaking the long-held tradition of exchanging pesos for US dollars as a hedge against inflation. (Bitcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 74/100 (Down 5 pts) Analyst Comments (AC): Hacks on the platform X (Twitter) have increased significantly. The hacks have been using false accounts or have been the official accounts taken over by mobile phone sim swaps. Many high-profile people (like the Indian PM reported today) have been targeted but the analyst has also noticed almost every Bitcoin influencer has also been targeted, most often with false accounts. Work to protect your social media accounts and use more secure systems (like NOSTR) for legitimate interactions with friends and family. Consider instituting sim swap defenses such as using authenticator apps and stricter policies with your cell carriers. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
So early. We look forward to discussing this and much more with @ODELL on Thursday night, LIVE at 7pm ET image