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BTC Daily Intelligence Bulletin (DIB) Block: 860,134 DTG/ICOD: 1200Z 06Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Netanyahu, Biden Differ on Gaza / China Arrests 2 Freedom Activists / Super Typhoon Hits Hainan China / GA Shooter's Dad Charged / FBI Raids NYC Mayor Deputies Homes / Hunter Biden Pleads Guilty / Trump Promises to Make US "Crypto Capital" / US Texas Bank Shut Down Over Crypto / Man Extorts Employer for 20 BTC / BTC Derivatives Are 28% of Supply / Jobs Report Today / Brazilians Seek Other Comms Apps After X Spat / Telegram App Caves / Market Data: Price: 1 BTC= $55,916, 22.25 oz Gold, .13 Median US House 24hr Hi: $57,237 / Lo: $55,304 Vol: $33B (Up 7%) Mkt Cap: $1.1T (Down 1%) HashRate: 596 EH/s Avg Fee Rate: 4 sats/vBtye (Up 100%) Nodes: 19,522 ---Reports--- -International Events- 1. Netanyahu gives a starkly different take on Biden administration’s hopes for a Gaza deal: The Biden administration and Israeli Prime Minister Benjamin Netanyahu were sharply at odds Thursday over prospects of reaching a deal for a Gaza cease-fire and hostage release, with Netanyahu saying it was “exactly inaccurate” that a breakthrough was close. “There’s not a deal in the making,” Netanyahu said in an interview. (AP) 2. China Detains Two Activists, Adding to Tension With Washington: Chinese authorities have detained at least two outspoken dissidents in recent weeks, drawing criticism from U.S. lawmakers and human-rights groups, and adding to friction between Beijing and Washington. (WSJ) 3. China: Super Typhoon Yagi makes landfall in Hainan: Super Typhoon Yagi is the world's second-most powerful storm this year. It made landfall in China's Hainan province after more than doubling its strength since hitting the Philippines earlier this week. (DW) -US Events- 1. Georgia high school shooting suspect to make first court appearance as father faces 2nd-degree murder charges: Colt Gray, a student at Apalachee High School in Winder, Georgia, is charged with four counts of felony murder after investigators say he fired an AR-style rifle on campus on Wednesday morning, killing four people. Meanwhile, authorities have taken steps to hold the teenager’s father, Colin Gray, 54, accountable after charging him Thursday with four counts of involuntary manslaughter, two counts of second-degree murder and eight counts of cruelty to children, the GBI said. (CNN) 2. FBI raids homes of 2 top deputies for NYC Mayor Adams, NYPD commissioner subpoenaed: The FBI seized evidence, including electronics, as part of the searches, according to sources. No charges have been filed. "Investigators have not indicated to us the mayor or his staff are targets of any investigation," the mayor's chief counsel, Lisa Zornberg, said in a statement. (ABC) 3. Hunter Biden makes last-minute guilty plea in tax case: Hunter Biden has pleaded guilty to all nine charges in his federal tax evasion case, catching federal prosecutors off guard as they prepared to begin his trial. The son of US President Joe Biden had previously denied allegations that he intentionally avoided paying $1.4m in income tax from 2016-19. Three months ago, he was found guilty in a separate case of charges related to gun possession and drug use, becoming the first criminally convicted son of a sitting US president. (BBC) -Regulatory and Legal- 1. Trump Pledges to Make US “Crypto Capital” in Economic Policy Speech: In a recent speech at the Economic Club of New York, former President and current presidential candidate Donald Trump reiterated his support for the cryptocurrency industry. The former president also announced plans to create a government efficiency commission tasked with auditing the entire federal government. (Blockonomi) 2. Crypto-Friendly United Texas Bank Hit With Cease and Desist by Fed: The United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the bank's risk management systems, particularly in its dealings with crypto clients. The order follows an examination that revealed issues within the bank's corporate governance structure and identified oversights by the board of directors and senior management. Specific details on the bank's non-compliance with crypto regulations were not provided. (Decrypt) 2. Bitcoin Extortion Mississippi Case: A 57-year-old man from Missouri was arrested for attempting to extort and threatening to damage the infrastructure of his former employer’s company. He demanded 20 Bitcoins to stop during which he infiltrated the system as an administrator with privileged rights and performed account and servers lockdowns, and data corruption. DoJ claims they discovered a hidden virtual machine for dedicated access to the admin account, and the attacker was immediately identified, with all evidence found on the laptop. (BitcoinSensus) 3. Ripple co-founder signs letter endorsing Harris for president: Chris Larsen, co-founder and executive chairman at Ripple, has signed a letter to endorse Harris for president, CNBC reported on Sept. 6. (CoinTelegraph) -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. US spot bitcoin ETFs continue to bleed with $37 million in net outflows (TheBlock) 2, Bitcoin derivatives climb to 28% of liquid supply: Currently, approximately 28% of the liquid supply of Bitcoin is traded through derivatives, up from 18% at the time of the ETF launch in January. As the market matures, we could potentially see even higher percentages of Bitcoin traded through derivative contracts, mirroring the paper gold market’s structure. This growing trend suggests that investors could favor financial instruments over holding the actual asset itself. (CryptoSlate) -Economic Indicators- 1. US Futures Fall Ahead of Key Jobs Report: US stock futures fell on Friday as investors geared up for the highly-anticipated August jobs report that could affect the Federal Reserve’s interest rate decision this month. (TradingEconomics) -Security Incidents and Concerns- 1. FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket: The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older adults, with significant financial impact. (BItcoinCom) -Technology and Science- 1. Brazilians Flock To Bluesky And Threads After X Suspension: Millions of Brazilians, including the president, have flocked to social media platforms such as Threads or Bluesky, where Portuguese has become the most spoken language in the few days since Elon Musk's X was shut down in the country. Access to the social network formerly known as Twitter was blocked on Saturday amid a standoff between Musk and Brazilian Supreme Court judge Alexandre de Moraes, who has made it his mission to crack down on disinformation. Bluesky, a social media network created by Twitter co-founder Jack Dorsey, now counts 7.6 million users since the X suspension in Brazil. (IBT) 2. Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov's Arrest: On Thursday night, the formerly freewheeling texting app extended its moderators' reach to include private chats. For the first time, users in private chats can "flag illegal content" for review, Telegram wrote in a change on its FAQ page. (CoinDeks) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 22/100 (Down 7 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 859,999 DTG/ICOD: 1200Z 05Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Munich Police Shoot Suspect Near Israeli Consulate / US Sailor Detained in Venezuela / China Investing New $51B in Africa / DOJ Shutting Down Russia Disinfo Sites / GA School Shooting Kills 4 / Pastor's House Shot Up in TN / Robinhood Fined for Stopping Withdrawals / Institutions Turning on CBDCs / Argentina Moving Some Gold Reserves Abroad / US Jobs Drop, Stocks Down, Trade Gap Widens / Your Phone Mic IS Listening / Mastercard Enables Self-Custodied BTC Spending Market Data: Price: 1 BTC= $56,474, 22.56 oz Gold, .13 Median US House 24hr Hi: $58,511 / Lo: $56,205 Vol: $31B (Down 8%) Mkt Cap: $1.11T (Even) HashRate: 781 EH/s Avg Fee Rate: 2 sats/vBtye (Down 33%) (Super Low!) Nodes: 19,360 ---Reports--- -International Events- 1. Munich police shoot suspect near Israeli Consulate: Bavaria's Interior Minister Joachim Herrmann later said that the suspect had died of his wounds. He said the man's identity was still being investigated, and also that the suspect had fired shots at police first. "He shot directly at the police officers, they returned fire," Herrmann said. A police spokesman said that five officers had been involved in the exchange of fire, and that the man had been using a long-barreled weapon. (DW) 2. US Navy Sailor Detained By Maduro's Security Services In Venezuela: Two US defense officials have confirmed the unidentified sailor's detention by Venezuelan law enforcement, and the individual has been in custody since on or about Aug.30, the Pentagon revealed. An official said that "the service member was neither on official travel nor did they have authorized leave to visit Venezuela". Venezuela has also long been off limits for travel by active duty American military members, especially after the last several years of sporadic unrest and resulting crackdowns by Maduro security forces. (ZeroHedge) (AP-For context, on Monday the US confiscated Maduro's official plane and brought it to South Florida. If the sailor was detained on Aug 30th, then the plane may have been taken in response on Sept 2nd.) 3. China offers Africa $51 billion in fresh funding, promises a million jobs: China was ready to step up cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than 50 African nations gathered in Beijing for the three-yearly Forum on China-Africa Cooperation Summit. (Reuters) -US Events- 1. DOJ seizes dozens of domains used in Russian influence campaigns targeting swing states: Attorney General Merrick Garland and FBI Director Christopher Wray said 32 internet domains were seized after investigators found that they were used by Russian companies as part of an operation known as “Doppelganger.” The companies were used to “covertly spread Russian government propaganda with the aim of reducing international support for Ukraine, bolstering pro-Russian policies and interests, and influencing voters in U.S. and foreign elections, including the U.S. 2024 Presidential Election.” (TheRecord) 2. Georgia School Shooting: 4 Killed, 9 Injured At Apalachee High School: Four people were killed and nine more were hospitalized with injuries in a shooting at Apalachee High School in Winder, Georgia, on Wednesday, the Georgia Bureau of Investigation said, and the suspect—a 14-year old student at the school—has been taken into custody. Winder, Georgia, is about 50 miles northeast of Atlanta, and about 30 miles west of Athens, Georgia. (Forbes) 3. Pastor says ‘entire magazine of bullets’ ripped through his Tennessee home. ‘Horrific’: “A madman unloaded an entire magazine of bullets from an automatic weapon into our house, garage and my truck,” Greg Locke said in a Sept. 4 Facebook post. Locke is the founder and lead pastor of Global Vision Bible Church, a Baptist congregation located just outside of Nashville. GVBC has been the target of vandalism, including one instance where a trailer full of Bibles was set on fire near the church, The Tennessean reported. (CharlotteObserver) -Regulatory and Legal- 1. Robinhood Settles $3.9 Million Fine for Preventing Customer Withdrawals: Robinhood's crypto arm has agreed to pay $3.9 million after being accused of preventing customers from withdrawing digital assets from their accounts between 2018 and 2022. The California Department of Justice found that Robinhood allowed users to purchase crypto as commodities without delivering the actual assets, violating California's Commodity Code. Along with the financial penalty, Robinhood must now allow customers to withdraw crypto to their wallets and improve trading transparency. (Decrypt) -Central Bank Digital Currencies- 1. Citi Survey Finds Reversal of Thinking on CBDCs: A new survey from Citi’s Securities Services division finds that investors are backing the commercialisation of distributed ledger technology and digital assets by turning to Stablecoins rather than central bank digital currencies (CBDC). Citi says that 65% of respondents plan to use non-CBDC options like stablecoins, tokenized deposits, money market funds and digital payment systems to support cash and liquidity requirements for digital securities settlements by 2026, versus 15% who plan to use CBDCs. This is a stark contrast to the previous year where CBDCs were the preferred form of digital money at 52%. (FullFX) -Institutional Concerns- 1. Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad: In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are concerned that this gold located abroad might be subject to confiscation due to an embargo order benefiting Argentine debt holders. (BitcoinCom) (AC-With the recent changes in Argentine economic policies championed by President Milei, this move seems odd.) 2. US spot bitcoin ETFs continue to bleed with $37 million in net outflows: Spot bitcoin exchange-traded funds in the U.S. saw $37.29 million exit the products on Wednesday, extending their streak of negative flows to six days. (TheBlock) -Economic Indicators- 1. US Job Openings Drop to 2021-Lows: The number of job openings fell by 237,000 to 7.673 million in July 2024 from a downwardly revised 7.910 million in June, reaching the lowest level since January 2021 and below market forecasts of 8.10 million. (TradingEconomics) 2. S&P and Nasdaq Extend Losses: The S&P 500 declined 0.3% and the Nasdaq lost 0.8% while the Dow Jones swung around the flatline on Wednesday, after the major averages had their worst day since early August on Tuesday. Concerns about the health of the US economy reemerged after the ISM Manufacturing PMI pointed to the fifth straight month of falling factory activity and worse-than-expected. (TradingEconomics) 3. US Trade Gap Highest in Nearly 2 Years: The trade deficit in the US widened to $78.8 billion in July 2024, the biggest gap since June 2022, compared to a $73 billion shortfall in June and roughly in line with market forecasts. (TradingEconomics) -Security Incidents and Concerns- 1. Cox Media Group Reveals Its 'Active Listening' Software Spies on User Convos, Clients Include Meta, Google: A marketing firm called Cox Media Group has recently revealed that it is listening to user conversations via their smartphones through its so-called "Active Listening" Software. With this, the company will push advertisements that users will see on certain platforms based on the heard conversations as unveiled by a report. (TechTimes) -Technology and Science- NSTR -Bitcoin Community- 1. Mastercard enables non-custodial crypto spending in new partnership: In the collaboration, Mastercard has enabled a new euro-denominated debit card that allows users to spend cryptocurrencies like Bitcoin stored on self-custodial wallets at more than 100 million merchants in the Mastercard network. “At Mastercard, we are working closely with partners to innovate and enhance the self-custody wallet experience,” (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 29/100 (Up 2 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 859,834 DTG/ICOD: 1200Z 04Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US DOJ Charges Hamas for Deaths of Hostages / Shakeup in Ukraine Ministers / Jailbreak in DR Congo Leads to 129 Deaths / Newsom Declares Emergency in CA / Aide to NY Governors Arrested in China Spy Ring / Qatar Courts Crypto with Regs / China and South Africa Meet Over BRICS / Turkey Applies to Join BRICS / PCE Up, Stocks Down / London Transport Hit With CyberAttack / Boeing Sends Starliner Home Without Astronauts / Bitcoin HashRate Hit ATH Market Data: Price: 1 BTC= $56,633, 22.73 oz Gold, .13 Median US House 24hr Hi: $59,314 / Lo: $55,673 Vol: $33B (Up 46%) Mkt Cap: $1.12T (Down 4%) HashRate: 634 EH/s Avg Fee Rate: 3 sats/vBtye (Down 25%) Nodes: 19,367 ---Reports--- -International Events- 1. Justice Department announces terrorism charges against senior Hamas leaders after hostage deaths: The US Department of Justice on Tuesday unsealed a sweeping set of charges against six leaders of Hamas. The case, originally filed in New York federal court in February, accuses the Hamas officials of a range of terrorism-related offenses stretching from 1997 through the present conflict with Israel that began on October 7. “The Justice Department has charged Yahya Sinwar and other senior leaders of Hamas for financing, directing, and overseeing a decades-long campaign to murder American citizens and endanger the national security of the United States,” Attorney General Merrick Garland said. (IndependentUK) 2. Ukraine’s Foreign Minister Kuleba resigns as Russian strikes kill 7 people in Lviv: Foreign Minister Dmytro Kuleba, 43, didn’t give a reason for stepping down. His resignation will be discussed by lawmakers at their next session, parliamentary Speaker Ruslan Stefanchuk said on his Facebook page. Four other Cabinet ministers tendered their resignations late Tuesday, making the Cabinet reshuffle likely the biggest since Russia’s February 2022 invasion. (AP) 3. DR Congo Jail Break Attempt Leaves 129 Dead: An attempted jail break from DR Congo's largest prison has left at least 129 people dead and led to women being raped, the interior minister said Tuesday. The circumstances around the bid to bust out of the Makala prison in the capital Kinshasa, which holds 10 times the number it is meant to house, in the early hours of Monday remain unclear. The authorities have given no indication as to how many inmates escaped or attempted to do so. (IBT) -US Events- 1. Newsom declares state of emergency in Rancho Palos Verdes after additional power shutoff following landslides: Gov. Gavin Newsom’s proclamation of a state of emergency would allow the state government to “utilize and employ” state resources to provide assistance to nearly 300 people who live and work in the area without gas and electricity. After SoCalGas cut off its gas service to the community due to the land movement in early August, Southern California Edison Sunday terminated its electricity supply to 140 homes and 53 businesses in the Portuguese Bend community before expanding the power shut-off to an additional 105 houses in the Seaview community Monday. (NBC) 2. Former aide to Democratic NY governor charged with being an agent for communist China: The office of Democratic New York Gov. Kathy Hochul was infiltrated by an agent working for the communist Chinese government, according to the FBI. On Tuesday, the U.S. Attorney's Office announced the arrest of Linda Sun for allegedly acting on "behalf of the government of the People’s Republic of China." Sun worked for former Gov. Andrew Cuomo and as the deputy chief for the current governor. She is accused of money laundering conspiracy, violating the Foreign Agents Registration Act, and alien smuggling. Sun's husband, Chris Hu, was also arrested and charged with conspiracy to commit bank fraud, conspiracy to commit money laundering, and misuse by means of identification. (Blaze) -Regulatory and Legal- 1. Qatar improves regulatory clarity for cryptocurrency with newly released framework by major SEZ: The “QFC Digital Assets Framework 2024” offers more clarity and sets the legal and regulatory foundation for crypto assets, including tokenization, property rights in tokens, custody arrangements, transfer and exchange. The QFC is an “onshore business and financial center” located in Doha. It offers its own legal, regulatory and tax environment, allowing up to 100% foreign ownership and 100% repatriation of profits. According to its website, the QFC charges a rate of 10% corporate tax on locally sourced profits. (TheBlock) -Central Bank Digital Currencies- 1. China and South Africa Boost BRICS Ties: Key Outcomes from Xi's Meeting With Ramaphosa: China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance of expanding BRICS and enhancing economic coordination to support sustainable development. (BitcoinCom) 2. Turkey Seeks to Join BRICS to Strengthen Global Influence: Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized the importance of balanced international relations. (BitcoinCom) -Institutional Concerns- 1. Bitcoin ETFs Shed $288 Million in Fifth Day of Negative Flows: The Grayscale Bitcoin Trust (GBTC) ETF reported a single-day net outflow of $50.4 million, while Fidelity's FBTC saw an even larger outflow of $162.3 million. These outflows have reduced the total net asset value of Bitcoin spot ETFs to $52.7 billion/ (Decrypt) -Economic Indicators- 1. US Core PCE Prices Rise as Expected: The US core PCE price index, the Federal Reserve’s preferred gauge to measure underlying inflation, rose by 0.2% from the previous month in July of 2024, in line with market expectations and consistent with the 0.2% increase in June. (TradingEconomics) 2. Stock Futures Point to Further Losses After Broad Selloff: Investors are nervous after Tuesday's selloff, with U.S. stock futures falling and markets in Asia and Europe on the retreat. Tuesday’s tumult was driven by U.S. data that highlighted ongoing manufacturing weakness. (WSJ) -Security Incidents and Concerns- 1. Transport for London Hit With an Ongoing Cyberattack; Claims Data Is Safe: The local government agency heading Greater London's transportation, Transport for London (TfL), revealed that it was hit with an ongoing cyberattack. Not much is known regarding the attack against the transportation authorities, and it is yet to identify what kind of cybercrime has occurred. (TechTimes) -Technology and Science- 1. Bloomberg Terminal Integrates Polymarket's Prediction Data: Bloomberg Terminal has integrated Polymarket's prediction data, bringing it into mainstream political discourse. This move allows a broad audience of mainstream news consumers to access Polymarket's data, which is increasingly being relied upon as a source of truth. Polymarket traders are currently betting that Donald Trump will win the 2024 U.S. presidential election with a 51% probability. (Decrypt) 2. Boeing Starliner to Return Crewless This Week; Astronauts to Stay in ISS: NASA confirms that the Boeing Starliner is set to return to the planet after massive delays this week, September 6, but it will be crewless on its flight home. This return date is exactly three months since Boeing's spacecraft docked at the International Space Station last June 6, a mission that saw significant issues as helium leaks manifested along the way. (TechTimes) -Bitcoin Community- 1. Bitcoin Hash Rate Hits New All-Time High Even as Price Falls: Bitcoin's hash rate has reached an all-time high of 742 exahashes per second, indicating a stronger and more secure network. The high hash rate makes it difficult for attackers to control the network, as they would need significant computing power to match it. Despite the recent dip in Bitcoin's price, the network's resilience and security provide reassurance for long-term investors. (Decrypt) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 27/100 (Up 1 pts) Analyst Comments (AC): With Turkey's bid to join BRICS, the full picture of the counterweight global effort to US hegemony is coming into focus. BRICs is drawing more and more applicants that are looking for alternatives to the US dollar, economic power and military might that have defined the last 60 years of geopolitics. BRICS is lining up to be a serious contender to the legacy US power, yet cooperative systems such as BRICs may lack the unity of mind and effort to pick up hegemonic status. This factor leads into the debate over the transition phase, usually marked by global conflict, and if a cooperative system like BRICS could hold power for long, or would one nation pick up the mantle of power for the next period of hegemony? Could China rise to the occasion? Russia? Or a new form of the USA? Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 859,693 DTG/ICOD: 1200Z 03Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Putin Welcomed in Mongolia, Not Arrested / US Seizes Maduro's Plane / US Marines on Liberty Attacked in Turkey / Musk Continues Starlink and X Services in Brazil for Free / Four Killed on Commuter Train in Chicago / Kansas Files Civil Suit Against Pfizer Over COVID Vax / Machete and Toblerone Used in Bitcoin Theft / Coinbase Has 1st AI to AI Transaction / BTC Mining Hurting Market Data: Price: 1 BTC= $59,154, 23.68 oz Gold, .14 Median US House 24hr Hi: $59,815 / Lo: $58,103 Vol: $23B (Down 21%) Mkt Cap: $1.17T (Up 1%) HashRate: 733 EH/s Avg Fee Rate: 4 sats/vBtye (Even) Nodes: 18,378 ---Reports--- -International Events- 1. Putin welcomed in Mongolia despite ICC arrest warrant: Russian President Vladimir Putin has arrived in Mongolia, his first visit to an International Criminal Court (ICC) member since it issued a warrant for his arrest last year. Soldiers on horseback lined the capital's Genghis Khan Square as martial anthems were played by a live band to welcome the Russian leader, who met with the Mongolian president Ukhnaagiin Khürelsükh. The landlocked country, which also borders China, also relies on Russia for gas and electricity. (BBC) 2. US seizes Venezuela President Nicolas Maduro’s airplane in the Dominican Republic, flies it to South Florida: The United States has seized Venezuela President Nicolas Maduro’s airplane after determining that its acquisition was in violation of US sanctions, among other criminal issues. The US flew the aircraft to Florida on Monday, according to two US officials. In a statement, Attorney General Merrick Garland said that “the Justice Department seized an aircraft we allege was illegally purchased for $13 million through a shell company and smuggled out of the United States for use by Nicolás Maduro and his cronies.” (WSVN-Miami) (AC-An interesting twist following the sham election in Venezuela and the international calls for Maduro to step down. The US has been verbally tough on Maduro while not doing anything to stop the dictator's continued tyranny of the country. This seems action could be a turning point, or possibly more theater.) 3. U.S. Marines attacked during port visit in Turkey, Navy says: Two U.S. Marines from the USS Wasp were attacked Monday during a port visit in Izmir, Turkey, according to a Navy spokesperson. Video of the apparent incident shows a group of men forcing a bag over the head of one of the Marines as they restrain him, chanting "Yankee go home." The Marines, part of the 24th Marine Expeditionary Unit, were "on liberty" at the time of the incident and taken to a local hospital for evaluation as a precaution. (CBS) 4. Elon Musk defies X ban in Brazil by beaming app from space: Elon Musk has found a way to bypass a ban on his social media firm X in Brazil by allowing people in the country to access the app through his satellite internet provider Starlink. Brazil’s Supreme Court voted on Monday to uphold a ban on X that was introduced last week by Justice Alexandre de Moraes. Mr Musk claimed the freezing of Starlink bank accounts was illegal and pledged to provide free internet access to its Brazilian customers while the accounts remain blocked. (IndependentUK) -US Events- 1. Four people shot to death while sleeping on Chicago commuter train: Three victims were declared dead at the scene while a fourth was rushed to Loyola University Medical Center where they died from their wounds. The shooter fled the scene. However a suspect armed with a gun was later taken into custody on a CTA Pink Line train in Chicago. (NYPost) 2. Kansas is first of five states to file civil suit against Pfizer: In a groundbreaking move, Kansas has taken legal action against pharmaceutical giant Pfizer for allegedly engaging in false and misleading marketing practices. This marks the first of five states in the US to pursue legal action against the company. The lawsuit against Pfizer was prompted by evidence that the company had engaged in false and misleading marketing practices. It was discovered that Pfizer had promoted its product as safe and effective for pregnant women, despite knowing that it posed serious risks to both the mother and the baby. (CountyLocalNews) (AC-This is NOT being reported by any other news outlets but is trending heavily on X. Either the news is fake or being censored by all news organizations.) -Regulatory and Legal- NSTR -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions: Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting their corporate bitcoin accumulation goals. (BitcoinCom) (AC-Metaplanet is following MicroStrategy's playbook in Japan.) -Economic Indicators- 1. US 10-Year Treasury Yield Little Changed to Kick Off September: The yield on the US 10-year Treasury note was around 3.9% on the first trading day of September as investors return from the Labor Day holiday to a week packed with key economic data. The ISM Manufacturing PMI will be in the spotlight today, while important labor market indicators like JOLTS and the jobs report are awaited later in the week. (TradingEconomics) -Security Incidents and Concerns- 1. Home invaders used machete, Toblerone to rob a man of his Bitcoin: Scottish prosecutors have seized and converted 23.5 Bitcoin into cash from a 2020 robbery that saw three men armed with a machete and a Toblerone chocolate bar break into a home near Glasgow. Three men conducted the home invasion in the town of Blantyre, southeast of Glasgow, and one repeatedly beat a woman at the property with a personalized Toblerone bar and threw her into a bedroom. The victim, who isn’t named for legal reasons, testified that he awoke to find a man standing over him with a machete before he was forced to transfer Bitcoin. (CoinTelegraph) 2. Hacker Behind WazirX Breach is Using Tornado Cash to Funnel Millions of Dollars in Stolen Crypto: Following the $230 million exploit on Indian exchange WazirX, the hacker responsible has been funneling millions of dollars in user assets through Tornado Cash. The hacker has transferred 2,600 ETH, valued at $6.5 million, to the sanctioned mixer Tornado Cash. Despite being banned in the US, Tornado Cash continues to operate in various jurisdictions, including North Korea. (Decrypt) -Technology and Science- 1. Coinbase Reports Its First AI-to-AI Crypto Transaction: Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI transactions. (BitcoinCom) -Bitcoin Community- 1. BTC mining profits elusive as difficulty hits all-time high: Block reward miners on the BTC network had their least profitable month in nearly a year in August, leading to bankruptcies, share dilutions, and other ‘Hail Mary’ efforts to stave off the inevitable. BTC miner revenue hitting $827.5 million in August, less than half the total from this year’s peak of $1.93 billion in March and the lowest total since September 2023. Transaction fees’ contribution to this total also slumped to a year-to-date low of $20.8 million. Meanwhile, mining difficulty hit an all-time high in August. (CoinGeek) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 26/100 (Down 7 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 858,081 DTG/ICOD: 1200Z 30Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Houthis Blow Up Oil Tanker / Russia Nervous Over Durov's Arrest / US Sec Advisor Meets With Xi / Trump Still Battling Lawfare / CO Councilmember Confirms Gangs in Aurora / Custodia Bank Under Fire / Russia to Begin Crypto Cross-Border Payments / Musk's Battle With Brazil Intensifies / Bitcoin Exchange Reserves Low / Bitcoin Millionaires Up / Solo Miner Hits Jackpot Market Data: Price: 1 BTC= $59,470, 24.85 oz Gold, .14 Median US House 24hr Hi: $61,184 / Lo: $58,707 Vol: $32B (Down 6%) Mkt Cap: $1.17T (Down 1%) HashRate: 586 EH/s Avg Fee Rate: 4 sats/vBtye (Down 20%) Nodes: 19,356 ---Reports--- -International Events- 1. Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill: Yemen’s Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill. The vessel was abandoned earlier, after the Houthis repeatedly attacked it. The Houthis have targeted more than 80 vessels with missiles and drones since the war in Gaza started in October. They seized one vessel and sank two in the campaign that also killed four sailors. Other missiles and drones have either been intercepted by a U.S.-led coalition in the Red Sea or failed to reach their targets. (AP) 2. Russia’s Military Fears for Its Secrets After Telegram Founder’s Arrest: Russian authorities have reacted with unusual fury to the arrest of Telegram founder Pavel Durov by French authorities. Telegram is more than a mere social-media app to Moscow. Russian soldiers and spies depend on it for battlefield communications, including the guidance of artillery, the coordination of movements and intelligence gathering. Both the Russian and the Ukrainian militaries started relying on commercial platforms. While the Ukrainians prefer Western providers such as Signal or Discord, the Russians chose Telegram because it is based in the United Arab Emirates, which maintains good relations with Moscow. They think the app is more impervious to Western signals intelligence. (WSJ) 3. ‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China: U.S. national security advisor Jake Sullivan said he raised concerns about the country’s focus on economic security in meetings with Chinese President Xi Jinping and other officials this week. Sullivan, advisor to the outgoing Biden administration, said his trip to China was part of an effort to manage the bilateral relationship ahead of the inauguration of a new U.S. president in January. Tensions between the world’s two largest economies have escalated in recent years, spilling over from trade into finance and technology. (CNBC) -US Events- 1. Trump seeks to move his New York state criminal case to federal court and delay sentencing: Donald Trump has filed a petition seeking to move his New York state criminal case to a federal court in Manhattan and push off the upcoming sentencing for his conviction on 34 counts of falsifying business records. (CNN) 2. Colorado City Council Member Says ‘Denver Is the Problem’ as Migrant Gangs Occupy Housing: Aurora City Council Member Danielle Jurinsky is bringing national attention to the migrant gangs that are being welcomed by the Biden-Harris administration and their Denver Democrat allies. The councilwoman has been shining a light on rising crime in Aurora that appears to be caused by members of the dangerous Tren de Aragua, a Venezuelan street gang that has flooded the community after being cast out of the nearby sanctuary city of Denver. Because of all this, the council member says that many long-time residents are talking about leaving Aurora. (Breitbart) -Regulatory and Legal- 1. WazirX Sets Aside Funds for Legal Costs Following July Cyberattack: WazirX, the Indian exchange that suffered a cyberattack in July resulting in the theft of hundreds of millions of dollars in crypto, has set aside millions of dollars to cover legal costs. The holding company of WazirX has filed an affidavit requesting a 30-day moratorium to stabilize the platform and prevent further legal disruptions. The exchange has suspended withdrawals and is working to restore user funds. (Decrypt) 2. Biden’s Crypto Crackdown Hits Custodia Bank: Workforce Reductions Announced: In response to the Biden administration’s intensified scrutiny on the crypto industry, Custodia Bank, a notable Wyoming-based financial institution catering to crypto businesses, has recently undergone a significant restructuring. Custodia Bank has made the decision to lay off nine of its 36 employees, a move aimed at conserving capital amidst mounting legal battles with the Federal Reserve (Fed). (Bitcoinist) -Central Bank Digital Currencies- 1. Russia to Trial Cross-Border Crypto Payments Starting Next Week: Russia will begin trialing cross-border crypto payments next week in an effort to circumvent international sanctions. The legislation allows for cross-border payments with crypto, but the rules for such transactions are unclear. The central bank will oversee an "experimental" regime to determine how these payments will be conducted. (Decrypt) -Institutional Concerns- 1. BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows: U.S. spot bitcoin exchange-traded funds recorded $71.73 million in net outflows on Thursday, extending their outflow streak to three days. BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, reported its first negative flows since May 1, with $13.51 million in net outflows (TheBlock) -Economic Indicators- 1. US GDP Growth Revised Higher: Real gross domestic product (GDP) in the US grew at an annual rate of 3.0% in the second quarter of 2024, up from 2.8% in the initial estimate and 1.4% in the first quarter. The upward revision was mainly due to increased consumer spending (2.9% vs 2.3% earlier reported). (TradingEconomics) -Security Incidents and Concerns- 1. Halliburton cyberattack linked to RansomHub ransomware gang: The attack caused widespread disruption, and customers couldn't generate invoices or purchase orders because the required systems were down. (BleepingComputer) -Technology and Science- 1. Starlink's local bank accounts are frozen as X prepares to be shut down in Brazil: A judge in Brazil has blocked Starlink’s bank accounts in the country amid a deepening dispute with X. X owner Elon Musk has been feuding with Brazil Supreme Court judge Alexandre de Moraes for months over demands to block certain accounts in the country. The company closed down its operations in Brazil earlier this month as a result of the court orders. Now, Moraes is apparently attempting to use one of Musk’s other companies, SpaceX-owned Starlink, in an attempt to get X to comply with the court order. (Engadget) -Bitcoin Community- 1. Bitcoin exchange reserves reach new yearly low amid $60K price retest: According to CryptoQuant data, Bitcoin reserves on exchanges have decreased by approximately 12.9% since Jan. 1, leaving 2.62 million Bitcoin across all major crypto exchanges. “The supply shock will come soon because this is not sustainable,” pseudonymous crypto commentator Bitcoin for Freedom told their 74,800 X followers, noting that the last seven days have seen 56,000 Bitcoin moved off crypto exchanges since Aug. 22. (CoinTelegraph) 2. Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million: A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. The report also shows a 32% increase in crypto users to 560 million and a 31% rise in BTC users to 275 million.(BitcoinCom) 3. Solo Bitcoin miner earns $200,000 (3.275 BTC) reward amid growing centralization concerns: Blockchain data confirms that the miner successfully mined block number 858,978 on the Bitcoin blockchain yesterday, which included 2,391 transactions. (CryptoSlate) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 34/100 (Up 5 pts) Analyst Comments (AC): Running your own miner and node are 'freedom tech' moves. Consider mining Bitcoin as you just might win the reward as the article above reveals. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 858,959 DTG/ICOD: 1200Z 29Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Hong Kong Journalists Jailed / Durov Released on Bail, Faces Charges / Hostage Rescued in Gaza / Venezuelan Gangs on Video With Firearms in Colorado / FBI Releases New Pics in Trump Shooting / New Video of Pelosi After Jan 6 / Binance Under Fire for Seizing Palestinian Funds / BIS Warns Banks on Bitcoin / CISA Warns on Iranian Hacking / SpaceX Grounded by FAA / New AI Model on a Blockchain / Coinbase Exchange Now Using AI Market Data: Price: 1 BTC= $60,247, 24.85 oz Gold, .14 Median US House 24hr Hi: $60,174 / Lo: $57,890 Vol: $34B (Down 21%) Mkt Cap: $1.19T (Even) HashRate: 613 EH/s Avg Fee Rate: 5 sats/vBtye (Up 18%) Nodes: 19,394 ---Reports--- -International Events- 1. HK journalists found guilty in landmark sedition case: Two journalists who led a pro-democracy newspaper in Hong Kong have been found guilty of sedition. Chung Pui-kuen and Patrick Lam, two editors at the now-defunct Stand News media outlet, could now face a maximum jail term of two years. This is the first sedition case against journalists in Hong Kong since the territory's handover from Britain to China in 1997. Stand News was among the last openly pro-democratic publications until its closure in December 2021, when more than 200 police officers were sent to raid the publication's office. (BBC) (AC-"Freedom of the Press" is not common worldwide.) 2. Telegram founder Pavel Durov released from police custody to face questioning after arrest in France: The French magistrate issued six preliminary criminal charges against Durov for allegedly allowing criminal activity on the app, and the tech executive — who posted bail of €5 million to avoid jail — is not permitted to leave France. He will also remain under judicial supervision and be required to check in with police twice weekly. (NYPost/RollingStone) 3. Rescued hostage in Gaza said kept in total darkness during captivity, showered once a month: 52-year-old Bedouin father of 11 Farhan al-Qadi was left alone two weeks ago after captors heard IDF drills; tunnel was rigged with explosives to prevent him escaping. (TImesOfIsrael) -US Events- 1. Alleged Video Of Armed Venezuelan Gang Taking Over A Colorado Apartment Surfaces: A video allegedly showing a Venezuelan gang, Tren de Aragua, taking over an apartment complex in Aurora, Colorado has surfaced on social media, sparking concerns over sanctuary policies. The Denver Police Department said in a statement Wednesday that it was “not aware” of any Denver apartment buildings being taken over by the Venezuelan gang Tren de Aragua. (TimesNow/Fox31) (AC-There is conflicting reports on this issue, but the video still seems to exist showing what appears to be gang members going door-to-door with weapons.) 2. FBI releases photos from Trump rally shooting including improvised explosives and gun: An FBI update on the shooting at a Trump rally included new photographs of a gun and backpack recovered in the investigation, as well as improvised explosive devices found in the car belonging to suspect Thomas Crooks. The agency also told reporters Wednesday that investigators still had not determined a motive for the Trump shooting. (TheBlaze) 3. Pelosi calls Trump 'domestic enemy' in new Jan 6 footage: In the hours after Donald Trump's supporters breached the US Capitol on 6 January 2021, Nancy Pelosi, the then-Democratic House Speaker, referred to the then-president as a "domestic enemy", according to newly released video. "I just feel sick what he did to the Capitol and to the country today," she said in the back of an SUV in the early hours of 7 January. "He's going to pay a price for that." (BBC) 4. Supreme Court Rejects Biden Administration's Request To Revive Student Loan Debt Relief Plan: The policy, known as the Saving on a Valuable Education (SAVE) plan, was finalized by the Education Department in July 2023. It came just a month after the Supreme Court ruled that the administration did not have the authority to implement President Joe Biden's earlier student loan forgiveness program. (IBTimes) -Regulatory and Legal- 1. Did Binance Seize 'All' Palestinian Assets Upon Israeli Army's Request?: When asked by Cointelegraph to confirm or deny the reports, Binance said "there have been some incorrect statements" around the issue. "Only a small number of user accounts, linked to illicit funds, were blocked from transacting," the crypto exchange titan said. A spokesperson said Binance complies with "internationally accepted sanctions legislation, just like any other financial institution." Meanwhile, a Boycot Binance effort has taken off on social media and is announcing at least $2.6B of Bitcoin have been taken off Binance in the last 24 hours, which has not been confirmed. (IBTimes/X) 2. Banks Using Permissionless Blockchains Face Increased Risk of Money Laundering and Terrorism Financing, Says BIS: The Basel Committee on Banking Supervision, a part of the Bank for International Settlements, has identified multiple risks that banks face when transacting on permissionless blockchains. These risks include money laundering, terrorism financing, operations and security, governance, legal issues, settlement finality, and compliance. The committee emphasizes the need for new risk management strategies and safeguards to address these risks, as current practices are still in development and untested under stress. (Decrypt) (AC-World bank targeting 'permissionless blockchain, AKA Bitcoin.) -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. Bitcoin ETFs Experience $105.3 Million Exodus as BTC Dips 2%: Investor caution grows as Bitcoin ETFs face $105.3 million in outflows, highlighting short-term market uncertainty amid a price dip. (DailyCoin) -Economic Indicators- 1. Nasdaq 100 Futures Fall as Nvidia Disappoints: Nasdaq 100 futures dropped as much as 1.4% on Thursday as investors reacted to Nvidia’s latest earnings report. Nvidia shares tumbled about 7% in extended trading even after the AI chipmaker topped revenue and earnings expectations, as the firm’s sales outlook for the current quarter failed to excite investors. (TradingEconomics) 2. US 10-Year Yield Steadies Ahead of Key Data: The US 10-year Treasury yield steadied around 3.84% on Thursday as investors braced for key US economic data that could influence the outlook for Federal Reserve monetary policy. (TradingEconomics) -Security Incidents and Concerns- 1. U.S. Agencies Warn of Iranian Hacking Group's Ongoing Ransomware Attacks: U.S. cybersecurity and intelligence agencies have called out an Iranian hacking group for breaching multiple organizations across the country and coordinating with affiliates to deliver ransomware. Targets of the attacks include education, finance, healthcare, and defense sectors, as well as local government entities in the U.S., with intrusions also reported in Israel, Azerbaijan, and the United Arab Emirates (U.A.E.) to pilfer sensitive data. (HackerNews) -Technology and Science- 1. SpaceX's Falcon 9 grounded ahead of historic Polaris Dawn mission: The Federal Aviation Administration temporarily grounded SpaceX Falcon 9 rockets on Wednesday after a booster failed to land upright and exploded following the successful launch of Starlink satellites. (Axios) 2. Fully Onchain AI Model Deployed on Internet Computer (ICP) Blockchain: Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and deployment by moving away from centralized AI development practices, promoting interoperable, transparent, and secure AI systems across various blockchain ecosystems. (BitcoinCom) -Bitcoin Community- 1. Coinbase hopes AI to reduce frequency of exchange’s outages: On August 26, Coinbase announced that it has “developed and deployed a machine learning model that predicts spikes in user traffic and automatically scales databases, preventing downtime and increasing platform efficiency.” (CoinGeek) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 29/100 (Down 1 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB) Block: 858,796 DTG/ICOD: 1200Z 28Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: IDF Launches West Bank Operation / Big Typhoon Headed to Japan / Ukraine's F-16 Score First Kill / Mexico's Obrador Not Happy With US Ambassador / Indictments Re-filed Against Trump / RFK Unable to be Removed Off Some Key Ballots / Zuckerberg Admits USG Pressure to Censor / Binance CEO Says 'FUD' to Wallet Freeze / India Looks for Global CBDC Framework / Home Prices Unaffordable / Is Cyber Attack Next? / Miner Rhodium Files Bankruptcy / 30K of BTC Moved, Spooks Market Market Data: Price: 1 BTC= $60,039, 24.85 oz Gold, .14 Median US House 24hr Hi: $62,487 / Lo: $58,116 Vol: $44B (Up 53%) Mkt Cap: $1.19T (Down 4%) HashRate: 613 EH/s Avg Fee Rate: 4 sats/vBtye (Up 20%) Nodes: 19,507 ---Reports--- -International Events- 1. Israel launches a large-scale military operation in the occupied West Bank, killing 9 Palestinians: Israel has carried out near-daily raids across the West Bank since Hamas’ Oct. 7 attack out of Gaza triggered the ongoing war there. Lt. Col. Nadav Shoshani, an Israeli military spokesman, said that “large forces” had entered the volatile city of Jenin, which has long been a militant stronghold, as well as Tulkarem and the Al-Faraa refugee camp dating back to the 1948 Mideast war, all in the northern West Bank. (AP) 2. Japan issues emergency warning as powerful Typhoon Shanshan nears: Southwestern Japan braced on Wednesday for what officials say could be one of the strongest storms to ever hit the region, as some residents in the path of Typhoon Shanshan were ordered to evacuate and major firms like Toyota closed factories. (Reuters) 3. Ukraine’s F-16s Have Scored Their First Aerial Kills: Ukraine’s ex-Danish Lockheed Martin F-16s have scored their first aerial victories. According to Ukrainian president Volodymyr Zelensky, the supersonic F-16s shot down Russian cruise missiles during the Russian air raids targeting Ukrainian cities on Monday. (Forbes) 4. Judicial Reforms Strain Mexican-US Ties, Spook Investors: The reforms, under which judges would be elected by popular vote, could pose "a major risk to the functioning of Mexico's democracy, said US Amb. Salazar, while Canada has for its part said investors are worried. Salazar's remarks in particular irked Mexican President Andres Manuel Lopez Obrador, who announced Tuesday a "pause" in dialogue with the US diplomat, with whom he usually has close ties. (IBTimes) -US Events- 1. Trump re-charged in special counsel election case due to Supreme Court immunity ruling: A federal grand jury on Tuesday returned a superseding indictment charging former President Donald Trump with the same offenses that he originally faced in his criminal election interference case in Washington, D.C. The new indictment is shorter than the original but Trump still faces one count each of conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding, and conspiracy against rights. (CNBC) 2. RFK Jr. won't be able to remove himself from ballots in Michigan and Wisconsin: Election officials in the two swing states confirm that Kennedy's name will remain on their ballots despite his decision to drop out and back Trump. (NBC) -Regulatory and Legal- 1. Meta’s CEO Mark Zuckerberg Claims Government Pressure to Censor COVID-19 Content: Mark Zuckerberg, CEO of Meta, has revealed that the Biden administration allegedly "pressured" the social media giant to censor content related to COVID-19. Senior officials from the Biden administration reportedly pressured Meta for months to remove or censor certain COVID-19 content in 2021. This included not only serious discussions but also humor and satire related to the pandemic. Zuckerberg detailed these claims in a letter addressed to the Republican-led House Judiciary Committee. (TechTimes) 2. Binance CEO dismisses 'FUD' over alleged freeze of Palestinian crypto wallets: Recently, allegations have emerged that Binance has frozen the assets of Palestinian users following a request from the Israel Defense Forces (IDF). “FUD. Only a limited number of user accounts, linked to illicit funds, were blocked from transacting. There have been some incorrect statements about this,” CEO Teng stated. (CryptoBriefing) -Central Bank Digital Currencies- 1. India's central bank proposes 'plug-and-play' CBDC framework for cross-border transactions: RBI Governor Shaktikanta Das highlighted the potential for greater efficiency in cross-border transactions with the emergence of fast payment systems and central bank digital currencies (CBDCs). (CryptoBriefing) (AC-Reading between the lines, they are looking for a global solution.) -Institutional Concerns- 1. Bitcoin and Ethereum Stabilize After Sharp Drop on Tuesday: Bitcoin experienced a sudden drop of over 6% and reached a low of $58,090 during late-night European trading hours. This decline had a ripple effect on the broader cryptocurrency market, with Ethereum falling by 8.2%. (Decrypt) -Economic Indicators- 1. Home prices hit record high in June: ‘Most unaffordable housing market in history’: Years of underbuilding fueled a shortage of homes in the country, a problem that was later exacerbated by the rapid rise in mortgage rates and expensive construction materials. Sellers who locked in a record-low mortgage rate of 3% or less during the pandemic began have been reluctant to sell, limiting supply further and leaving few options for eager would-be buyers. (NYPost) 2. US Mortgage Rates Lowest since April 2023: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.44% in the week ended August 23, 2024, the lowest since April 2023. (TradingEconomics) -Security Incidents and Concerns- 1. Recent Events Prove Western Nations Are Highly Vulnerable To Cyber Calamity: With the increasing tensions between western and eastern nations the chances of a cyber attack are high, and is the next most likely global disaster. With a cyber-event there is the distinct danger of communications disruptions – No cell phones, no email, no social media, nothing. So, having knowledge in ham radio and radio communications is a must. (ZeroHedge) -Technology and Science- 1. AI model generates real-time playable DOOM with no game engine: GameNGen can simulate the classic game DOOM at over 20 frames per second, achieving visual quality comparable to the original game. (CryptoSlate) -Bitcoin Community- 1. Bitcoin miner Rhodium files for chapter 11 bankruptcy with up to $100 million in liabilities: Bitcoin mining firm Rhodium Enterprises filed for Chapter 11 bankruptcy in Texas, citing liabilities up to $100 million. The filing includes six subsidiaries and follows loan defaults totaling $54 million in July. This move allows Rhodium to reorganize debts while continuing operations. The bankruptcy reflects broader challenges in the crypto mining sector, including declining profits post-halving and increased energy costs. (CryptoBriefing) 2. Mysterious $1.88 Billion Bitcoin Transfer Stuns World's Largest Exchange: An unexpected twist emerged on-chain when, according to data from Whale Alert, 30,000 BTC, a colossal sum equivalent to $1.88 billion at current prices, was transferred to the world's largest crypto exchange, Binance. (UToday) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 30/100 (Down 18 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 858,632 DTG/ICOD: 1200Z 27Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Russia Slams Kiev With Missiles, UAVs / Terror Attack in Pakistan Kills 60 / Canada Announces 100% Tariff on China EVs / Chinese Military Plane Violates Japan Airspace / US Judge Halts Biden's Spousal Amnesty for Illegals / Tulsi Gabbard Endorses Trump / Binance Marks 6 Months in Nigerian Prison for Exec / Russian Looks at Stablecoins for Cross-Border Trade / UAE Investing In Digital Infrastructure / ARRL Paid $1M to Ransomware Gang / Uber Hit with $324M Fine From EU for Data Issues Market Data: Price: 1 BTC= $62,337, 24.85 oz Gold, .14 Median US House 24hr Hi: $63,973 / Lo: $62,253 Vol: $29B (Up 35%) Mkt Cap: $1.23T (Down 3%) HashRate: 490 EH/s Avg Fee Rate: 3 sats/vBtye (Down 82%) Nodes: 19,507 ---Reports--- -International Events- 1. Russia launches 'nightmare' deadly drone and missile strikes across Ukraine, Kyiv says: The strikes were among the largest such aerial attacks since the war began in 2022, with Russia using at least 127 missiles and 109 drones in an attack that lasted over eight hours, according to Ukrainian President Volodymyr Zelenskyy. Critical infrastructure, the energy sector and railroads were targeted in the attack, Zelenskyy said. The strikes followed Ukraine's Independence Day celebrations on Saturday. (ABC) 2. More than 60 killed after terrorist attacks in Pakistan's Balochistan: Separatist terrorist attacks on police stations, railway lines, and highways in Pakistan's restive province of Balochistan, coupled with retaliatory operations by security forces, killed more than 60 people, officials said on Monday. The most widespread assault by ethnic insurgents in years forms part of a decades-long effort to win secession of the resource-rich southwestern province, home to major China-led projects such as a strategic port and a gold and copper mine. (JerusalemPost) 3. Canada Hits China With 100% Tariff On Electric Cars: Prime Minister Justin Trudeau unveiled the new policy which consists of a 100% levy on electric cars and 25% on steel and aluminum. The EV tariff will take effect Oct. 1 and will also include certain hybrid passenger automobiles, trucks, buses and delivery vans. It will be added to an existing 6.1% tariff that applies to Chinese EVs, the government said in a news release. (ZeroHedge) (AC-Given Trudeau's history with China, this may event may seem surprising, yet the export-driven auto sector in Canada is hurting from the Chinese competition. The industry also backs Trudeau heavily and has been vocal in the competition failures with China. This is also a good lesson of how China will take advantage of a situation if they are given leeway.) 4. Chinese violation of airspace in Kyushu shocks, confuses Japan: Stunned Defense Ministry officials were scrambling to determine whether a Chinese military plane intentionally or mistakenly violated Japanese airspace off the Danjo Islands in Goto, Nagasaki Prefecture. The incident on the morning of Aug. 26 was the first confirmed intrusion into Japanese airspace by a Chinese intelligence-gathering military aircraft. (AsahiShimbun) -US Events- 1. Judge blocks Biden administration from granting legal status to immigrant spouses of U.S. citizens: The order by District Court Judge J. Campbell Barker effectively brings to a halt a large immigration program that opened just last week to an estimated half a million immigrants living in the U.S. without legal status. Most importantly, the program also unlocks a streamlined pathway to permanent residency and, after several years, U.S. citizenship, for eligible immigrants. Judge Barker made his order valid for 14 days but he suggested he could extend it. (CBS) 2. US Army Private King who fled to North Korea to plead guilty to 5 charges: U.S. Army Private Travis King, who last year ran into North Korea and was taken into custody there, will plead guilty to five charges, including desertion, while taking responsibility for his conduct, his lawyer said in a statement on Monday. (Reuters) 3. Tulsi Gabbard Endorses Trump: Former Rep. Tulsi Gabbard (I-HI) endorsed former President Donald Trump for president on Monday, noting that during his first term as president, he did not “start any new wars.” On X, Tulsi posted "I was a Democrat for over 20 years. Today, I endorsed Donald Trump for President." (Breitbart) -Regulatory and Legal- 1. Binance calls for US intervention as Tigran Gambaryan’s detention marks 6 months: Binance CEO Richard Teng is urging U.S. intervention as Tigran Gambaryan, an executive at the exchange, reaches six months in deteriorating conditions of Nigerian detention. (CryptoNews) -Central Bank Digital Currencies- 1. Bank of Russia Eyes Stablecoins for Cross-Border Transactions: The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. (BitcoinCom) -Institutional Concerns- 1. UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund: United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining, blockchain, decentralized physical infrastructure, and AI. It will also support startups and software development related to these areas. (BitcoinCom) (AC-Look for the UAE to become a powerhouse in the digital world.) 2. Xapo Bank teams up with trading firm Hilbert Group to launch $200m Bitcoin fund: n an Aug. 27 press release, the Stockholm-headquartered company said that the Bitcoin-denominated hedge fund, set to launch in September, is expected to attract over $200 million in initial capital from Xapo Bank and other investors throughout 2024. The idea behind the initiative is to provide corporates, businesses, and professional investors with opportunities to “generate returns in BTC from institutional-grade structured credit arrangements, which are not available to those participants directly in the market,” (CryptoNews) 3. BlackRock and Grayscale own 2.96% of Bitcoin circulating supply amid $202 million net inflow: BlackRock’s IBIT dominates with $224.06 million inflow amid varied performance of other Bitcoin ETFs. (CryptoSlate) -Economic Indicators- 1. US Durable Goods Order Rise the Most in 4 Years: New orders for manufactured durable goods in the US surged by 9.9% from the previous month in July of 2024, making up for the downwardly revised 6.9% decline in the earlier period, the most since May 2020 and firmly above market expectations of a 5% expansion. (TradingEconomics) 2. Dollar Index Hits 13-Month Low: The dollar index fell toward 100.5 on Monday, hitting its weakest levels since July 2023 as Federal Reserve Chair Jerome Powell cemented hopes of an interest rate cut in September. (TradingEconomics) -Security Incidents and Concerns- 1. American Radio Relay League Paid $1 Million to Ransomware Gang: The attack occurred on May 15 and resulted in multiple systems within ARRL’s internal network being encrypted, including desktops, laptops, and Windows and Linux servers. Last week, the association revealed that the attackers had compromised its on-site systems and most cloud-based systems weeks before deploying file-encrypting ransomware, and that information purchased on the dark web was used for the intrusion. ARRL did not say whether any personal information was compromised in the attack. In July, however, it said that the information of 150 employees, including names, addresses, and Social Security numbers, was likely impacted. (SecurityWeek) -Technology and Science- 1. Dutch Data Watchdog Slaps Uber With $324 Million Fine Over Personal Data Sending in the US: Ride-hailing giant Uber has been slapped with a substantial fine by the Netherlands' privacy watchdog for violating the European Union's General Data Protection Regulation (GDPR). According to Reuters, the fine stems from Uber's transfer of drivers' personal data from the EU to the US. The GDPR imposes strict regulations on the transfer of personal data outside the EU, particularly to countries with less stringent privacy protections. (TechTimes) -Bitcoin Community- 1. Semler Scientific Buys More Bitcoin Amid Soaring BTC Adoption: The firm has purchased Bitcoin worth around $5 million, indicating the firm’s growing confidence in BTC. Notably, with the latest purchase, the firm’s total holdings soared past 1K BTC. (CoinGape) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 48/100 (Down 7 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
Join Bitcoin Veterans LIVE tomorrow night at 7pm ET with guest @Coleman Coleman Payne was born and raised in Northern Canada and joined the United States Marine Corps at 17 as an 0351 Assultman. He is a husband and father to 2 children, a small business owner of a dog boarding, training and grooming facility in Texas. He is an avid hunter, fisherman, and handler of one of the coolest dogs, Draco! image
BTC Daily Intelligence Bulletin (DIB) Block: 858,521 DTG/ICOD: 1200Z 26Aug24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Telegram CEO Arrested in Paris / Israel, Hezbollah Exchange Heavy Fire / Syrian National Arrested for Stabbing in Germany / RFK Jr Drops Campaign, Supports Trump / USSS Agents Put on Admin Leave / Trump Looks to Nullify Abortion Concerns / Bitcoin Miners Raided in Thailand / Wyoming Looks to Issue Stablecoin / Fed Chair Signals Rate Cut, Stocks Up, BTC Up / MacOS Malware Targets Crypto Wallets / SpaceX Chosen to Rescue Stuck Astronauts / The 'Fight You' Stage Arrives Market Data: Price: 1 BTC= $63,931, 25.29 oz Gold, .15 Median US House 24hr Hi: $64,996 / Lo: $63,356 Vol: $21B (Up 9%) Mkt Cap: $1.26T (Even) HashRate: 660 EH/s Avg Fee Rate: 13 sats/vBtye (Up 187%) Nodes: 19,566 ---Reports--- -International Events- 1. Authorities extend detention of Telegram app founder Pavel Durov after Paris arrest: French judicial authorities on Sunday extended the detention of the Russian-born founder of Telegram, Pavel Durov, after his arrest at a Paris airport over alleged offences related to the messaging app. Durov is accused of failing to take action to curb the criminal use of his platform and was stopped after arriving in Paris from Baku on his private jet on Saturday night. Durov lives in Dubai, where Telegram is based, and holds citizenship of France and the United Arab Emirates (UAE). Rumble founder and CEO Chris Pavlovski said he “departed from Europe” after French police arrested Telegram’s CEO and the country “threatened” the video-sharing site. (TheGuardian/CoinTelegraph) 2. Hezbollah and Israel exchange heavy fire as Cairo peace talks end without deal: A round of high-level talks in Cairo meant to bring about a ceasefire and hostage deal to temporarily end the 10-month Israel-Hamas war in Gaza ended on Sunday without a final agreement, a US official said. Hezbollah claimed it had hit an Israeli military intelligence site near Tel Aviv as part of a barrage of hundreds of rockets and drones, while Israel claimed its dozens of strikes had been pre-emptive to avert a larger attack. (IndependentUK) 3. German feds take over festival stabbing case, citing suspected terrorism: A 26-year-old Syrian man turned himself in after a deadly attack at a festival. Officials are investigating him on suspicion of being an Islamic State member. Federal prosecutors on Sunday identified the suspect as Issa Al H. and said he is “strongly suspected of membership in a terrorist organization abroad” — referring to the Islamic State, which claimed responsibility for the assault Saturday. (WaPo) -US Events- 1. Robert F. Kennedy Jr. Drops Out of Presidential Race, Endorses Donald Trump: “I promised the American people that I would withdraw from the race if I became a spoiler,” Kennedy said at a rally here Friday. “In my heart, I no longer believe that I have a realistic path to electoral victory in the face of this relentless, systematic censorship and media control.” On Friday, Kennedy said he would seek to remove his name from the ballot in competitive battleground states—but leave it on others, letting voters back him in solid blue or solid red states where he wouldn’t affect the outcome. In some polling, RFK had around 5% of the vote, most of which may now go to Trump. (WSJ) 2. Several Secret Service employees put on administrative duties following Trump assassination attempt: Multiple Secret Service personnel from the Pittsburgh Field Office and one member of Donald Trump’s security detail involved in the advance planning for Trump’s July 13 rally have been reassigned to administrative duties and ordered to work from home, a source familiar with the matter tells CNN. (KCCIDesMoines) 3. Trump would veto federal abortion ban, JD Vance says — as campaign tries to ‘end the culture war’ over abortion: Republican vice presidential hopeful Sen. JD Vance indicated that former President Donald Trump would vote any federal legislation to ban abortion nationwide — yet another illustration of how the 45th president is seeking to distance himself from hardliners in his party on the wedge issue. ((NYPost) -Regulatory and Legal- 1. Thailand Seizes Illegal Bitcoin Mining Facility After Rampant Power Outages: The development marks the fourth time authorities have busted an illegal Bitcoin mining operation around the same region this year. It follows a recent high-profile clampdown that led to the seizure of 650 crypto-mining devices worth over $5 million and the arrest of three individuals. -Central Bank Digital Currencies- 1. Wyoming Aims to Launch 'Dollar-Dependent' Stablecoin in Q1 2025: Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. (BitcoinCom) (AC-This is an interesting development given the state's support of Bitcoin and crypto in recent times. This may prove to short-circuit CBDC efforts in the US and may have the effect of giving the populace a method to adopt digital transactions on a familiar currency. It could also have the effect of being a stepping stone to a CBDC.) -Institutional Concerns- 1. Bitcoin ETFs in US Saw a Significant Increase in Daily Net Inflows After Bullish Comments From Fed: U.S.-listed spot bitcoin exchange-traded funds (ETFs) experienced a surge in daily net inflows, reaching over $252 million on Friday, the highest level since July 23. This increase in inflows can be attributed to favorable comments made at the Jackson Hole symposium, which boosted risk assets, including bitcoin. Trading volumes for these ETFs also reached their highest level since July 19, with BlackRock's IBIT leading in both trading activity and inflows. (Decrypt) 2. Hong Kong Bitcoin ETFs Reach $256 Million in Assets Under Management: Hong Kong's three spot Bitcoin exchange-traded funds (ETFs) have reached over HK$2 billion in assets under management since their launch earlier this year. The largest of the Hong Kong Bitcoin ETFs is the ChinaAMC Bitcoin ETF, with over $142 million in net assets. (Decrypt) -Economic Indicators- 1. US 10-Year Yield Holds Decline: The yield on the US 10-year Treasury note held its recent decline to below 3.8% on Monday following dovish comments from the Federal Reserve chief. (TradingEconomics) 2. US Stocks Rise On Powell’s Rate Cut Signals: Stocks in the U.S. rallied on Friday, after Fed Chair Jerome Powell signaled that interest rate cuts are imminent, reinforcing expectations that the central bank will begin easing monetary policy in September. The S&P 500 rose 1.1%, the Dow Jones gained 462 points, and the Nasdaq advanced 1.4%. (TradingEconomics) 3. US New Home Sales Soars to Over 1-Year High: Sales of new single-family houses in the United States soared by 10.6% from the previous month to a seasonally adjusted 739 thousand homes in July of 2024, well above market expectations of a 1% increase. It was the sharpest increase in sales since 2022, and the highest number of homes since May 2023. (TradingEconomics) -Security Incidents and Concerns- 1. MacOS Malware 'Cthulu Stealer' Is Draining Crypto Wallets: According to a recent Cado Security report, this malware specifically targets macOS systems. Cthulhu Stealer is distributed as an Apple disk image (DMG) file, disguising itself as legitimate software such as CleanMyMac, Grand Theft Auto IV, or Adobe GenP, according to the Cado report. Upon execution, the malware uses osascript to prompt users for their system password and MetaMask credentials. It then creates a directory in '/Users/Shared/NW' to store stolen information. The malware's primary function is to extract credentials and cryptocurrency wallets from various sources, including browser cookies, game accounts, and multiple cryptocurrency wallets. (Decrypt) -Technology and Science- 1. Elon Musk’s SpaceX to Rescue Astronauts Stranded in Space on Boeing Starliner: NASA administrator Bill Nelson announced at a press conference on Saturday that astronauts Butch Wilmore and Sunita Williams will return to Earth in February of next year on the SpaceX Crew-9 mission. Wilmore and Williams have been stranded aboard the International Space Station (ISS) since their Starliner spacecraft experienced five thruster malfunctions and five helium leaks. The astronauts blasted off from Florida on June 5, and they were initially slated to return to Earth on June 13. Boeing employees labeled the decision to have SpaceX rescue the NASA astronauts as being “shameful.” (Breitbart) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 55/100 (Up 21 pts) Analyst Comments (AC): The arrest of Pavel Druov has shaken freedom proponents in the social media domain, causing Rumble CEO to depart Europe and many others to signal support of Durov. The most obvious next freedom tech titan is Elon Musk, who also refuses to censor his platform X as Telegram was asked to do. The war against all freedom tech, from bitcoin to social media, seems to be ramping up both in the US and abroad. This is the 'fight you' phase of any paradigmatic change, and one long expected for bitcoin. One key indicator of the highly probable success of bitcoin and freedom tech is the number of 'martyrs' being created in both spaces, and yet support continues to rally, and the effort continues to grow, revealing an 'anti-fragile' nature. Now is the time to garner support for these efforts and to teach others of the shift to come, but also prepare for the fight at our doorstep and immediately ahead. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
What did the Petro Dollar system cost us? EVERYTHING. Watch this teaser of our interview with @preston from Ander’s Pleb Party The full interview will be released EXCLUSIVELY on Nostr Give us a follow and stay tuned
What did the Petro Dollar system cost us? EVERYTHING. Watch this teaser of our interview with @preston at Ander’s Pleb Party The full interview will be released EXCLUSIVELY on Nostr Give us a follow and stay tuned