BTC Daily Intelligence Bulletin (DIB)
Block: 921,184
DTG/ICOD: 1200Z 28OCT2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Monster Hurricane to Hit Jamacia Today / Rare Earth Minerals Deal Signed Between US-Japan / US-China Trade Deal Ready to Sign / Venezuela Arrests Alleged CIA Mercs / USG Shutdown Threatens SNAP, Politicians Dug In / Fed Reserve Chair Nominees Down to Five / CLARITY Act On the Shelf / Dem Wants to Prohibit Ownership of Crypto for Politicians / IBM Debuts Institutional Custody Service / Bitcoin-Backed Lending Grows / Mt Gox Repayments Delayed Till 2026 / Grokipedia Debuts / Ohio Looks to Ban Human-AI Marriage / Statue of CZ to Debut at Capital Causing Questions
Market Data: Price: 1 BTC= $114,243, 29.08 oz Gold, .27 Median US House
24hr Hi: $115,779 / Lo: $113,566
Volume: 46B (Down 20%)
Mkt Cap: $2.27T (Down 1%)
HashRate: 1 ZH/s
Avg Fee Rate: 1 sats/vBtye (Even)
---Reports---
-International Events-
1. Hurricane Melissa Approaches Jamaica: Hurricane Melissa is forecasted to make landfall in Jamaica as a Category 5 storm, bringing heavy rainfall, strong winds up to 170 mph, and potential flooding to the island and surrounding areas. Jamaican authorities have issued evacuation orders for low-lying coastal regions and activated emergency shelters for thousands of residents. The U.S. National Hurricane Center reports the storm's path may shift toward Cuba after impacting Jamaica. The US base in Guantanamo Bay, has evacuated non-essential US military personnel. (Reuters, Various)
2. Trump, Takaichi Seal Rare Earth Pact to Counter China’s Grip: During President Donald Trump’s visit to Japan, he and Prime Minister Sanae Takaichi signed a framework agreement to strengthen U.S.-Japan cooperation on rare earths and critical minerals. China currently processes over 90% of the world’s rare earths and has tightened export restrictions, giving it outsized leverage over key global industries. The U.S. and Japan’s move marks a major step toward reducing dependency on China and ensuring stable, transparent, and diversified supply chains. (ModernDiplomacy) (AC-Trump's work countering the trade monopoly China holds over rare minerals over the last few weeks has been nothing short of powerfully strategic. The MSM is woefully (or purposefully) ignorant on the issue, but China is worried, which leads to the soon-to-be announced trade deal with Xi.)
3. U.S. and China Agree to Trade Deal Framework: U.S. and Chinese officials finalized a framework for a trade deal ahead of a planned summit between President Trump and President Xi. The agreement covers reductions in tariffs on select goods, intellectual property protections, and agricultural purchases by China. (ABC)
4. Venezuela Captures Alleged CIA-Linked Mercenaries: Venezuelan authorities arrested a group of mercenaries allegedly tied to the CIA, claiming they planned a 'false flag' attack to destabilize the government. The detainees include foreign nationals, and evidence presented includes seized weapons and documents. U.S. officials denied involvement, calling the claims baseless propaganda. (NYPost)
-US Events-
1. Trump admin warns 42 million Americans could lose food stamps as shutdown drags on: A released USDA notice stated, "Due to Congressional Democrats’ refusal to pass a clean continuing resolution (CR), approximately 42 million individuals will not receive their SNAP benefits come November 1st. This jeopardizes all SNAP recipients in November, including those that have applied for benefits in the last half of October, and furloughed Federal employees who will not receive their combined October/November benefits." (Fox)
2. Democrats not swayed by call to end shutdown from largest federal workers’ union: The widespread belief among Democrats on Capitol Hill is that Republicans will be forced to cave first, particularly as they expect millions of Americans will find out their health care premiums are spiking when open enrollment begins on November 1. Republicans have refused to negotiate until the government reopens, and House Speaker Mike Johnson has kept the House out of session since September 19. (CNN)
3. Trump administration narrows list of potential Federal Reserve chairs to 5: On Monday, Treasury Secretary Scott Bessent confirmed the candidate pool has been narrowed to five finalists: Christopher Waller, Michelle Bowman, Kevin Warsh, Kevin Hassett and Rick Rieder, with a decision expected this year. the administration aims to replace Jerome Powell as chair with a new appointee for the 14-year term starting Feb. 1. (GroundNews)
-Regulatory and Legal-
1. Republican Senator Warns-Time Running Out to Pass Crucial Crypto Bill: Senator Thom Tillis stresses the need for action by early 2026 to avoid delays caused by the upcoming midterm elections. The CLARITY Act, which passed the House, remains stalled in the Senate due to the shutdown. (Blockonomi)
2. Democrat Seeks Crypto Trading Ban for Politicians Following Binance Founder’s Pardon: Representative Ro Khanna (D-Calif.) announced Monday he is introducing legislation to ban elected officials from owning or creating cryptocurrencies. “This is blatant corruption. You don’t need to know a lot about cryptocurrency to understand what went on here. You’ve got a foreign billionaire who was basically engaged in money laundering, having money go to Hamas, having money go to Iran, having money go to child abusers,” Rep. Khanna said. (Decrypt) (AC-Although ineffectual at present, this type of effort will not be once democrats again gain power.)
-CBDCs/World Currencies/Strategic Reserves-
1. IBM Debuts 'Digital Asset Haven' Platform for Governments and Institutions: Global computing firm IBM is making a fresh play around blockchain, teaming with the Coinbase-backed crypto infrastructure firm Dfns to launch IBM Digital Asset Haven—a platform built for governments and institutions to securely manage their digital asset operations. The platform is designed to consolidate fragmented systems across enterprises, making it easier for firms to enter the blockchain space with features like wallet creation, transaction execution, programmable governance, and secure key management. (Decrypt) (AC-The global centralization vs. decentralization battle will continue forever.)
2. Bitcoin Lending Market Revives with Ledn Growth: Ledn issued over $1 billion | 8,748 BTC in Bitcoin loans this year, signaling a market revival. Bitcoin-backed loans reached $392 million | 3,429 BTC in Q3. (CoinGecko)
-Institutional Concerns-
1. Trump Sons' American Bitcoin Stock Jumps After Adding $163 Million to BTC Treasury: American Bitcoin has acquired 1,414 Bitcoin, the company said Monday. More than 200 companies have built Bitcoin treasuries. (Decrypt)
2. Mt. Gox repayments delayed to 2026: Does 34k BTC even move Bitcoin price anymore?: The one-year extension, effectively diffuses near-term sell pressure, turning what could have been a sharp supply event into another drawn-out administrative cycle. Much like prior phases, repayments are expected to filter through exchanges, custodians, and OTC venues in waves rather than floods, muting immediate market impact. (CryptoSlate)
-Economic Indicators-
1. US Stocks Set New Records: US stocks rallied to fresh highs after Treasury Secretary Scott Bessent said a "very successful framework" exists for Presidents Trump and Xi to discuss this week, with the S&P 500 up 1.3%, the Nasdaq up 1.9% and the Dow adding 350 points. (TradingEconomics)
-Security Concerns-
NSTR
-Technology and Science-
1. Elon Musk's xAI Launches Grokipedia as AI-Powered Wikipedia Challenger: Elon Musk's xAI unveiled Grokipedia on Tuesday, an open-source encyclopedia with over 885,000 AI-generated and fact-checked articles powered by Grok AI. The platform features real-time verification, a modern interface with editable histories and search tools, aiming to provide unfiltered truth amid Musk's criticisms of Wikipedia's biases. Early users commend its accuracy on topics like history and culture, while critics note potential right-leaning tilts in sensitive coverage. (X)
2. Ohio Bill Aims to Outlaw Human-Chatbot Marriage: A measure introduced by Ohio State Representative Thaddeus Claggett aims to make it law that humans can’t marry their chatbot. If passed, the legislation, House Bill 469, would make it illegal to recognize an AI system as a spouse, domestic partner, or any kind of life companion. (Decrypt)
-Bitcoin Community-
1. Mystery Surrounds Changpeng Zhao’s D.C. Statue After Trump’s Pardon: Changpeng Zhao, the founder of Binance, will soon be honored with a 14-foot-tall statue in Washington D.C. The statue will be displayed outside the U.S. Capitol for a brief period before being offered to Zhao as a gift or auctioned. The tribute follows a recent pardon from U.S. President Donald Trump. The statue initiative was funded by an anonymous group of four individuals contributing $50,000, (Blockonomi) (AC- 'Crypto's Satoshi' maybe?)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 65/100 (Up 14 pts)
Analyst Comments (AC): NSTR
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
