We had a great conversation with Dani from Bitcoineando at @Anders Pleb Party in Nashville Check out her content on YouTube @Bitcoineando
BTC Daily Intelligence Bulletin (DIB) Block: 869,847 DTG/ICOD: 1200Z 11Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Moscow, Kiev Trade Drone Strikes / Qatar Halts Gaza Peace Efforts / 6.8 EQ Hits Cuba / Trump Names Border Czar / Rare Wildfire Hits NJ, NY / DOJ Jails 'Bitcoin Fog' Founder / Mt Gox Moves $2.8B in BTC / MicroStrategy up over 100%, Buys More Today / Bitcoin Over $80K, New ATH / Stocks Soar Last Week / Wrench Attack in Thailand Nets $250K / Russian Hackers Target South Korea / FTX Sues Binance Market Data: Price: 1 BTC= $81,489, 30.87 oz Gold, .19 Median US House 24hr Hi: $82,490 / Lo: $78,537 Vol: $79B (Up 37%) Mkt Cap: $1.62T (Up 2%) HashRate: 727 EH/s Avg Fee Rate: 11 sats/vBtye (Up 360%) Nodes: 18,868 ---Reports--- -International Events- 1. Moscow targeted as Ukraine and Russia trade huge drone attacks: Russia's defense ministry said it intercepted 84 Ukrainian drones over six regions, including some approaching Moscow, which forced flights to be diverted from three of the capital's major airports. Ukraine's air force said Russia launched 145 drones towards every part of the country on Saturday night, with most shot down. The Ukrainian air force said 62 of Russia's Iranian-made drones were shot down, while 67 were "lost". A further 10 left Ukraine's airspace heading back towards Russia, as well as neighboring Belarus and Moldova, it added. (BBC) 2. Qatar suspends Gaza mediation efforts: Qatar says it has suspended its mediation efforts between Israel and Hamas after a lack of progress in reaching a ceasefire deal for Gaza. (ALJazeera) (AC-Pain is the only stimulus that leads to actual conflict resolution.) 3. 6.8 magnitude earthquake shakes Cuba after hurricanes and blackouts: An earthquake with a preliminary magnitude of 6.8 shook eastern Cuba on Sunday, after weeks of hurricanes and blackouts that have left many on the island reeling. The blackouts and wider discontent among many struggling to get by has stoked small protests across the island. (ABC) -US Events- 1. Trump Taps Former ICE Director Tom Homan As 'Border Czar' "I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation's Borders ("The Border Czar"), including, but not limited to, the Southern Border, the Northern Border, all Maritime, and Aviation Security," Trump wrote on Truth Social. (ZeroHedge) 2. Fire at New Jersey-New York border still uncontrolled after burning over 2,500 acres: Rain was falling across the Northeast on Sunday afternoon, bringing a much-needed assist to firefighters battling a major wildfire straddling the border of New Jersey and New York. While Saturday marked 42 days without any measurable rainfall in the city of Philadelphia, and the driest streak in New York City history, many cities throughout the Northeast were expecting to see measurable rainfall on Sunday. (ABC) -Regulatory and Legal- 1. DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service: The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: "A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet." (BitcoinCom) 2. Mt. Gox Trustees Move $2.4 Billion in Bitcoin to New Wallets: Arkham data reveals that defunct exchange Mt. Gox transferred $2.4 billion in Bitcoin to two wallets, including a new one and a cold wallet. The move coincides with Bitcoin surpassing $81,000, with trustees consolidating their BTC holdings before a potential sale on exchanges. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%: MicroStrategy’s 252,200 Bitcoin is now worth $20.5 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” The Bitcoin-stacking firm bought Bitcoin 42 times at a dollar cost average of $39,292. (CoinTelegraph) (AC-MSTR just bought more, see below) 2. MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%: MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion. Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company. (CoinGape) 3. BlackRock's Bitcoin ETF Just Passed Its Gold Fund in Assets: BlackRock's iShares Bitcoin Trust ETF (IBIT) has surpassed its iShares Gold ETF (IAU) in net assets, with $33.17 billion in value. This achievement is notable as the Bitcoin product has only been around since January, while the gold ETF has been offered since 2005. (Decrypt) -Economic Indicators- 1. Bitcoin Soars Above $80,000 on Trump Boost: Bitcoin surged past $80,000 on Monday, reaching new all-time highs, as the prospect of a more favorable regulatory environment under a Donald Trump presidency and a Republican-led Congress sent crypto prices soaring. (TradingEconomics) 2. S&P 500, Dow Close at New Records: US stocks continued their upward momentum to close at records on Friday, buoyed by optimism surrounding Donald Trump’s victory and a favorable interest rate cut from the Federal Reserve. The S&P 500 gained 0.4% to notch a new record, after surpassing the 6,000 threshold during the session. The Dow also closed at record high, adding 259 points, reaching 44,000 for the first time, while the Nasdaq booked marginal gains. The best-performing sectors were utilities, real estate, and consumer staples, while materials lagged. Tesla’s stock jumped 8.2% to $321.22, as the company achieved a trillion-dollar valuation for the first time in over two years. (TradingEconomics) -Security Incidents and Concerns- 1. Ukrainian Man Falls Victim to $250,000 Crypto Robbery in Thailand: A Ukrainian man has become the latest crypto holder to fall victim to a “$5 wrench attack” after being robbed of 250,000 in USDT. According to a recent report by English-language local news outlet Bangkok Post, 23-year-old Viacheslav Leibov was invited into a hotel room by his 18-year-old Ukrainian friend Alfred Chernyshuk on Friday. The alleged crime took place when the would-be victim decided to make use of the toilet, where he found two men with their faces covered waiting for him. The pair tied his limbs with ropes and cable ties and ordered him to transfer 500,000 in the stablecoin USDT to a specific wallet—or else they would break his fingers. Grigoryan held a hammer, while one of the masked men had a long knife in his hands. (Decrypt) 2. Pro-Russia Hackers Target South Korea After North Korean Troops Join Kremlin's Fight in Ukraine: Recently, a Russian hacking group launched cyberattacks on South Korea's critical infrastructure. According to official news agencies, such a move serves as a response to Seoul's proposal to send military experts to Ukraine to trace North Korean troops who are allegedly assisting Russia's war efforts in the country. (TechTimes) -Technology and Science- NSTR -Bitcoin Community- 1. FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage: Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1.8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. (Cryptoslate) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 76/100 (Even) Analyst Comments (AC): Thank you to all Veterans for your service to our Country. Now get on the new mission and learn about Bitcoin and how it fixes a lot of the problems you wanted to fix with your service, just more peacefully. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,428 DTG/ICOD: 1200Z 08Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israeli Soccer Fans Attacked in Amsterdam / EU Wrestles With Trump Angst / Newsom Asks for Trump Defense Funds / Susie Wiles Named Trump Chief of Staff / 43 Monkeys Escape Lab in SC / Powell Says "Not Leaving" / 1 Billion in Harris Funds Gone Smells Like Scandal / Detroit Largest City to Accept Bitcoin For Taxes / Another High for BTC ETFs / Fed Lowers Rate 25 BPS / Stocks Higher / Two Crypto Wrench Ransom Attacks / Block Moves Away from Web5 to BTC Mining Market Data: Price: 1 BTC= $76,047, 28.25 oz Gold, .18 Median US House 24hr Hi: $76,943 / Lo: $74,602 Vol: $59B (Down 11%) Mkt Cap: $1.50T (Up 2%) HashRate: 712 EH/s Avg Fee Rate: 3 sats/vBtye (Up 50%) Nodes: 18,954 ---Reports--- -International Events- 1. Israel sends rescue planes after football fans attacked by mob in Amsterdam: Rioters "actively sought out Israeli supporters to attack" after a football match in Amsterdam as Israel said it was sending planes to the Dutch capital to fly fans home. An unknown number of Israeli supporters were injured in the violence on Thursday night that was condemned by the leaders of both the Netherlands and Israel as antisemitic. Dutch police said five people have been taken to hospital with injuries. Israeli prime minister Benjamin Netanyahu ordered two rescue planes to be sent to Amsterdam after the violence erupted. (IndependentUK) 2. 50 world leaders meet to strategize on how to deal with Trump: Donald Trump’s election win prompted renewed proclamations about the need for unity and autonomy at a gathering of European leaders in the Hungarian capital on Thursday, but beyond the glare of the cameras, there was agitation. At the E.U. and NATO headquarters in Brussels, policymakers have fretted all year about whether Trump could withdraw U.S. support for Ukraine in its war with Russia and upend the Western military alliance that underpins European security. (WaPo) -US Events- 1. Newsom calls special session to fund California’s legal defense against Trump: Gov. Gavin Newsom on Thursday convened a special session of the Legislature, seeking to increase legal funding to protect California policies — on civil rights, climate change, abortion access and disaster funding — from an anticipated conservative federal agenda. (LATimes) 2. Trump picks Susie Wiles as White House chief of staff, first woman ever in the role: "Susie Wiles just helped me achieve one of the greatest political victories in American history, and was an integral part of both my 2016 and 2020 successful campaigns," Trump said in a statement. "Susie is tough, smart, innovative, and is universally admired and respected. (CBS) 3. 43 monkeys escape South Carolina research facility; police warn residents to secure doors and windows: The primates broke loose from a Alpha Genesis facility in Beaufort County and as of early Friday, there was no indication the fugitive monkeys had been captured. Authorities said the primates were "very young females weighing approximately 6-7 lbs" and had never been used for testing due to their age. (CBS) 4. US Fed Chair Says Will Not Leave Early If Asked By Trump: Speaking at a press conference after unveiling a quarter point interest rate cut, Powell -- whose term as Fed chair ends in 2026 -- added that firing any of the Fed's seven governors was also "not permitted under the law." If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. (IBTimes) 5. Senior Harris Advisor Deletes X Account As "Massive Scandal" Brews Over $20 Million In Campaign Debt: Former senior Obama advisor-turned-senior Kamala Harris advisor David Plouffe has deleted his X account after suggesting on Wednesday that Harris' landslide defeat was Joe Biden's fault for not dropping out soon enough, and right as a massive campaign debt scandal erupts. (ZeroHedge) -Regulatory and Legal- 1. Detroit to Accept Bitcoin and Ethereum for Taxes, Embraces Blockchain for Economic Growth: Detroit plans to accept popular cryptocurrencies like Bitcoin and Ethereum for tax payments starting mid-2025, aiming to boost economic growth and promote financial inclusivity. The initiative aligns with the city's strategy to modernize services and embrace blockchain technology. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high: On Nov. 7, BlackRock’s spot Bitcoin ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data. (CoinTelegraph) 2. Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand: The Coinbase Premium Index, a critical metric that tracks the difference between BTC’s price on Coinbase and other exchanges, turned positive for the first time since October 18th, signaling a shift in market dynamics and the return of strong buying interest in the US market. (BItcoinist) -Economic Indicators- 1. Fed Lowers Rates by 25bps as Expected: The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations. (TradingEconomics) 2. S&P 500, Nasdaq Extend Records After Fed Decision: Stocks in the US mostly higher on Thursday, building on the rally sparked by the presidential election in the previous session, following the Federal Reserve's widely anticipated 25bps rate cut. The S&P 500 gained 0.7% and the Nasdaq rose by 1.5%, both hitting new records. (TradingEconomics) 3. US Initial Jobless Claims Edge Higher as Expected: The number of individuals filing for unemployment benefits in the US edged higher by 3,000 from the previous week to 221,000 in the last week of October, aligned with market expectations. Despite the slight increase, the count remained well below averages from earlier in the month, continuing to point to some degree of resilience in the US labor market. (TradingEconomics) -Security Incidents and Concerns- 1. WonderFi CEO Safe After Paying $720,000 Ransom to Kidnappers: Police are investigating the high-profile abduction of Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, who was forcibly taken near University Avenue and Richmond Street on Wednesday evening. Unknown suspects forced Skurka into a vehicle during rush hour, demanding $720k ($1 million Canadian dollars) ransom for his release. The ransom was paid electronically, and Skurka was found safe in Centennial Park, Etobicoke, hours later. (Decrypt) (AC-MultiSig might've stopped this.) 2. France's Schneider Electric Faces $125,000 Ransom Demand: Pay in Monero or Baguettes: Schneider Electric, a French multinational corporation, is being targeted by ransomware group Hellcat, demanding payment in baguettes or $125,000 in crypto to prevent the leak of 40GB of stolen data. The group is known for infiltrating sensitive information and has a history of cyberattacks on the company. (Decrypt) -Technology and Science- 1. Jack Dorsey's Block to prioritize bitcoin mining and wind down decentralized tech arm TBD: Block said in its third-quarter shareholder letter on Thursday that the bitcoin mining initiative has a “strong product market fit” and a “healthy pipeline of demand.” With its commitment to bitcoin mining, Block said it will scale back investments in music streaming app Tidal and wind down TBD, which is its business arm focused on developing the decentralized web platform it had dubbed “Web5.” (TheBlock) -Bitcoin Community- 1. Galaxy Digital’s Next Chapter: Trading Bitcoin Mining for AI Computing: Galaxy Digital announces plans to potentially convert its 800-megawatt Helios mining facility to AI computing operations while reporting decreased Bitcoin production and mining revenue in Q3 2024. (Blockonomi) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 2 pts) Analyst Comments (AC): Some days the news is as strange as fiction. Escaped monkeys, French Baguettes, missing campaign money and more... Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,117 DTG/ICOD: 1200Z 07Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: German Coalition Government Collapses / Aussies Want to Ban Social Media for Kids / Russia Drone Swarms Kyiv / Xi Wants to 'Get Along' With Trump / Trump's Legal Issues to Dissolve / 9-11 Conspirators To Not Face Death Penalty / Harris Campaign Blew Through $1B and Ended with $20M in Debt / Sen Lummis Says Time to Build Bitcoin Reserve / Ohio Gets New Crypto-Friendly Senator / BRICS Rises / BTC ETFs Break Records / Stocks Best Day Since 2022 / NK Hackers Target Crypto Firms With MacOS Market Data: Price: 1 BTC= $74,802, 27.90 oz Gold, .17 Median US House 24hr Hi: $76,460 / Lo: $73,571 Vol: $67B (Down 36%) Mkt Cap: $1.48T (Up 1%) HashRate: 720 EH/s Avg Fee Rate: 2 sats/vBtye (Down 66%) Nodes: 19,317 ---Reports--- -International Events- 1. German chancellor fires finance minister, collapsing coalition government: In a televised address, Chancellor Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.” The firing came after days of political negotiation between the key members of Germany’s ruling “traffic light” coalition government – Scholz of the Social Democratic Party, Lindner of the Free Democratic Party, and Robert Habeck of the Green Party. (CNN) 2. Australia plans a social media ban for children under 16: The legislation will be introduced in Parliament during its final two weeks in session this year, which begin on Nov. 18. The age limit would take effect 12 months after the law is passed. (AP) 3. Russia Bombards Kyiv with Swarm of Drones, Striking Hospital, High-Rises, and Industrial Sites: Throughout the eight-hour assault, Kyiv residents reported explosions across the city, and air defense systems were active. Kyiv Post reporters across the city noted loud blasts as drone debris fell in four districts. (KyivPost) 4. US And China Must 'Get Along', Xi Tells Trump: In his first message to Trump since the former president secured a second term, Xi said "history has shown that China and the United States benefit from cooperation and suffer from confrontation" "A stable, healthy and sustainable China-US relationship is in the common interest of both countries and is in line with the expectations of the international community," Xi said. He called for Washington and Beijing to "strengthen dialogue and communication" and "properly manage differences". (IBTimes) (AC-Xi trying to set the tone for the coming negotiations.) -US Events- 1. Trump's victory likely upends all the criminal cases against him: Justice Department officials have already begun evaluating how to wind down the two federal cases against Trump before he takes office in order to comply with department policy that a sitting president can’t be prosecuted. (NBC) 2. Military judge overrules defense secretary and says plea deals for alleged 9/11 conspirators are valid: A military judge ruled on Wednesday that plea agreements between the alleged 9/11 conspirators at Guantanamo Bay and the US government are “valid and enforceable,” a defense official told CNN – roughly three months after Defense Secretary Lloyd Austin revoked the deals. The ruling allows for the plea deals to go forward and could mean the men will eventually be sentenced to life in prison and avoid death sentences. (CNN) 3. Kamala Harris Campaign Fell $20 Million in Debt in Final Week: A Kamala campaign staffer confirmed to Breitbart News that the reports that Harris’s campaign was “$20 million” in debt “is real,” adding that Jen O’Malley Dillon, the Harris campaign chair reportedly “blew through a billion dollars in a few months.” The concerts that the Harris campaign held with celebrities such as Katy Perry, Lizzo, Eminem, and Bruce Springsteen were reportedly “all Jen’s idea,” the campaign staffer explained. “Jen blew through a billion dollars in a few months, and it was all Jen’s idea to do all the concerts,” the campaign staffer said. (Breitbart) -Regulatory and Legal- 1. Pro-Bitcoin Senator Proclaims US Will Establish $BTC Reserve After Trump Win: Donald Trump's sweeping victory in the U.S. elections has led to widespread celebrations across the cryptocurrency community, and many were particularly drawn to Republican Sen. Cynthia Lummis of Wyoming's post regarding Bitcoin. About an hour after posting the laser eyes meme photo, Lummis made the big announcement: "We are going to build a strategic Bitcoin reserve," she wrote. If Lummis's statements during the BTC Conference are to go by, the United States will "convert excess reserves at our 12 federal reserve Banks into Bitcoin over five years." She noted that the said strategy should help "cut our debt in half by 2045." The U.S. has a staggering $35 trillion debt. (IBTimes) 2. Crypto Advocate Bernie Moreno Takes Ohio Senate Seat, Vows Regulatory Clarity: As chair of the Senate Banking Committee, Incumbent Brown held considerable sway over digital currency legislation, making Moreno’s win a pivotal development for the industry, especially in Ohio. Moreno’s advocacy includes the establishment of a national Bitcoin reserve and initiatives aimed at regulatory certainty. Furthermore, Moreno’s credentials in the blockchain space extend beyond politics. As the owner of Bernie Moreno Companies, a group with investments in blockchain technology, Moreno has a vested interest in the industry’s growth. He was also a co-founder of Blockland Cleveland, an initiative to promote blockchain adoption in the local economy. (Bitcoinist) -Central Bank Digital Currencies/World Currencies- 1. The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse: BRICS, an economic alliance of Brazil, Russia, India, China, and South Africa, recently expanded to include six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). With these additions, BRICS aims to increase its economic and political leverage. The economic bloc has also invited 13 nations to join as partners. Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia is not attempting to undermine the U.S. dollar, but instead is committed to protecting its own national interests. “We are not attempting to defeat the dollar and it is not needed to attempt to have the victory over it. (BitcoinCom) -Institutional Concerns- 1. BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded: In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on Nov. 6. “For context that’s more volume than stocks like Berkshire, Netflix, or Visa saw today. It was also up 10%, its second-best day since launching, “ he added. (CoinTelegraph) -Economic Indicators- 1. US 10-Year Yield Holds Steady Ahead of Fed Decision: The yield on the 10-year US Treasury note held steady around 4.43% on Thursday, near a four-month high, as investors prepared for the Federal Reserve's upcoming policy decision. The Fed is widely expected to cut interest rates by 25 basis points later today, with traders looking for signals on whether another cut will follow in December. (TradingEconomics) 2. US Stocks Close at Record Highs After Trump's 2024 Election Victory: Wall Street's major indices closed at record highs on Wednesday after Donald Trump won the 2024 presidential election, defeating Kamala Harris. The S&P 500 rose 2.5%, the Nasdaq jumped 2.9%, and the Dow Jones soared 1,507 points, or 3.6%, marking its strongest session since 2022. Investor optimism is fueled by expectations that a second Trump administration will bring pro-business policies such as tax cuts, deregulation, and tariffs, which are expected to boost economic growth and corporate earnings. (TradingEconomics) -Security Incidents and Concerns- 1. North Korean Hackers Target Crypto Firms with Hidden Risk Malware on macOS: A threat actor with ties to the Democratic People's Republic of Korea (DPRK) has been observed targeting cryptocurrency-related businesses with a multi-stage malware capable of infecting Apple macOS devices. The activity "uses emails propagating fake news about cryptocurrency trends to infect targets via a malicious application disguised as a PDF file." (HackerNews) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (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: 869,117 DTG/ICOD: 1200Z 06Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Trump Wins Presidency, Fear, Uncertainty Continue Worldwide / Netanyahu Fires Defense Minister / Ukrainians Engage North Korean Soldiers / Sen Warren Wins Re-Election / Trump's Crypto Promises / South Korea Starts CBDC Trials / Bitcoin Hits New All Time High / US Stock Futures Soar / INTERPOL Take Down 22K Servers Worldwide / Riot's BTC Output Up Market Data: Price: 1 BTC= $73,962, 27.65 oz Gold, .17 Median US House 24hr Hi: $75,361 / Lo: $68,667 Vol: $105B (Up 155%) Mkt Cap: $1.46T (Up 8%) HashRate: 706 EH/s Avg Fee Rate: 6 sats/vBtye (Up 20%) Nodes: 19,216 ---Reports--- -International Events- 1. Trump: ‘I’m not going to start wars, I’m going to stop wars’: “I’m not going to start wars, I’m going to stop wars,” declares Republican US presidential nominee Donald Trump in his victory speech. “We had no wars, for four years we had no wars. Except we defeated ISIS,” Trump says. (TimesOfIsrael) 2. Netanyahu fires Israeli Defense Minister Yoav Gallant for 2nd time, citing trust 'crisis': Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant for the second time on Tuesday, citing a "crisis of trust" between the two amid Israel's ongoing war against Hamas in Gaza and Hezbollah in Lebanon. Netanyahu said he had no remaining trust in Gallant while Israel is still at war. He appointed Israeli Foreign Minister Israel Katz to take over the position, while Gideon Saar will succeed Katz. (USAToday) 3. Ukraine says it fought N Korean troops for first time: In an interview with South Korean broadcaster KBS, Ukrainian Defence Minister Rustem Umerov said a "small group" of North Korean soldiers were attacked. Ukraine leader Volodymyr Zelensky, who had earlier condemned the West's lack of response to the North Korean troops, said these "first battles with North Korea open a new chapter of instability in the world". (BBC) -US Events- 1. Donald Trump Wins the Presidency: Former President Donald John Trump is the winner of the 2024 presidential election, and will become the first person to win back the Oval Office after losing a reelection bid since Democrat Grover Cleveland in 1884 and 1892. Trump — the 45th and soon-to-be 47th president — secured a path to a 270-vote threshold in the Electoral College with a victory in Pennsylvania, one of the “blue wall” states he won in 2016, and where he campaigned vigorously throughout the campaign. (Breitbart) -Regulatory and Legal- 1. Elizabeth Warren Defeats Pro-Crypto Republican To Hang Onto Senate Seat: Massachusetts voters overwhelmingly reelected Democratic Senator Elizabeth Warren on Tuesday as she cruised to victory over Republican challenger John Deaton, a cryptocurrency proponent. Despite a spirited campaign, Warren was declared the winner shortly after the state's polls closed at 8 p.m. ET. Warren led by a convincing margin when the race was declared by the Associated Press. (IBTimes) 2. Donald Trump Wins the Presidency: Here's What It Means for Crypto: From the outset of his campaign, Trump vowed to loosen restrictions on digital assets and blockchain technology firms in the U.S. Trump has pledged to support the crypto industry by establishing a national Bitcoin reserve, backing U.S.-based mining, opposing a U.S. CBDC, and advocating for self-custody rights. Additionally, his family's recent venture, World Liberty Financial, signals a deepening commitment to the sector. (Decrypt) -Central Bank Digital Currencies/World Currencies- 1. Seven South Korean banks to participate in CBDC-driven pilot: The program, announced by the FSC in a Nov. 6 press release, aims to explore the potential of CBDCs in daily transactions. The participating banks, including KB, Shinhan, Woori, and Hana, will issue deposit tokens that represent digital assets backed by bank deposits, the press release reads. (CryptoNews) -Institutional Concerns- 1. Crypto investment products hit record annual inflows of $29 billion this year: Global crypto funds run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered net inflows of $2.18 billion last week, according to CoinShares, bringing year-to-date figures to a record $29.2 billion. (TheBlock) -Economic Indicators- 1. Bitcoin (BTC) Reaches $75,000 as U.S. Election Results Unfold: Bitcoin reached a historic milestone of $75,000 on November 5, 2024, as election results showed Donald Trump securing victories in key swing states. The cryptocurrency’s price movement coincided with Trump’s wins in North Carolina, Georgia, and Pennsylvania, marking a 7% increase that pushed Bitcoin beyond its previous record of $73,797.68 set in March. (Blockonomi) 2. US Futures Soar as Trump Wins Second Term: US futures soared on Wednesday, with contracts on the S&P 500 futures adding 2.1%, the Nasdaq 100 jumping 1.5% and the Dow Jones gaining by an impressive 1260 points as Donald Trump won the US Presidential election. (TradingEconomics) -Security Incidents and Concerns- 1. INTERPOL Disrupts Over 22,000 Malicious Servers in Global Crackdown on Cybercrime: Dubbed Operation Synergia II, the coordinated effort ran from April 1 to August 31, 2024, targeting phishing, ransomware, and information stealer infrastructure. "Of the approximately 30,000 suspicious IP addresses identified, 76 per cent were taken down and 59 servers were seized," INTERPOL said. "Additionally, 43 electronic devices, including laptops, mobile phones and hard disks were seized." (HackerNews) (AC-Global 'operations' such as this are indicative of mass surveillance conducted by law enforcement and intelligence agencies, often in violation to privacy laws and statutes worldwide. The more this becomes accepted, the less privacy individuals will maintain.) -Technology and Science- NSTR -Bitcoin Community- 1. Riot's Monthly BTC Output Up by 23%; Company Calls October Production 'New Post-Halving Milestone': Bitcoin mining giant Riot Platforms recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same month, Riot reported a 5% month-over-month increase in its bitcoin holdings, from 10,427 to 10,928. (BItcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Even) Analyst Comments (AC): Trump's win will usher Bitcoin into even more worldwide acceptance, with any effort at building a Bitcoin Reserve foremost among stimulants to Bitcoin adoption. The economic use of Bitcoin as a store of value has been proven and accepted by individuals and institutions, continuing to increase. As a medium of exchange and unit of account, Bitcoin still has a long way to go, but in this hyper-connected world this could happen quickly following the expected efforts of such a Bitcoin-friendly administration. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 868,981 DTG/ICOD: 1200Z 05Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Election Day 2024 / NK Launches Missiles / Protests Continue in Georgia / 52 Nations Call for Israel Embargo / Indonesia and Russia Hold 1st Naval Drills / TN Man Arrested for Planning Drone Strike on Nashville Grid / Senate is in Play for Election / Who Might Replace Gary Gensler? / New Global Stablecoin / BTC ETFs Bleed a Half Billion / UK Pension Allocates to Bitcoin / Semler Scientific Buys Bitcoin Market Data: Price: 1 BTC= $68,709, 25.08 oz Gold, .16 Median US House 24hr Hi: $69,201 / Lo: $66,803 Vol: $41B (Up 16%) Mkt Cap: $1.36T (Down 1%) HashRate: 718 EH/s Avg Fee Rate: 5 sats/vBtye (Down 33%) Nodes: 19,285 ---Reports--- -International Events- 1. North Korea launches short-range ballistic missile hours before US election: It remains unclear whether North Korea fired only one missile or multiple. It is also unclear what type of missile it was or how far it flew. (Fox) 2. Thousands rally again in Georgia to protest the parliamentary election they say was rigged: Thousands of opposition supporters rallied outside Georgia’s parliament for the second straight Monday to denounce the Oct. 26 election as illegitimate after the ruling party was declared the winner amid allegations of vote-rigging helped by Russia. (AP) 3. Fifty two nations call for global arms embargo on Israel: The Foreign Ministry of Turkey sent the UN a letter signed by 52 nations and two organizations calling for a halt in military transfers to Israel, stating the Israeli army is committing genocide against Palestinians in Gaza. (TheCradle) 4. Indonesia and Russia hold first joint naval exercises: As Indonesia's new president, Prabowo Subianto, seeks to deepen ties with Russia, the Indonesian and Russian navies began five days of joint exercises in the Java Sea. (DW) -US Events- 1. Tennessee man arrested for allegedly plotting to attack Nashville energy facility: Skyler Philippi, 24, was arrested November 2 when he “believed he was moments away” from launching a drone armed with explosives at an electric substation in the Nashville area, according to a DOJ press release. He’s charged with attempted use of a weapon of mass destruction and attempted destruction of an energy facility. (CNN) (AC-Ukrainian war tactics come home.) 2. 5 races to watch that will decide control of the Senate: Senate Democrats are heading into Tuesday's elections facing the fight of their lives: defending a 51-49 majority with a map so formidable that Republicans have called it their best opportunity in a decade to gain ground. Montana, Ohio, Michigan, Pennsylvania and Arizona will determine the majority. (ABC) -Regulatory and Legal- 1. Meet the pro-crypto contenders who could replace SEC chief Gary Gensler: Hester Peirce: The “Crypto Mom” the industry wants, Chris Giancarlo: “Crypto Dad” of Bitcoin futures, Chris Brummer: The peaceful option for the Democrats, Paul Atkins: SEC commissioner with ties to Bush and Trump, Erica Williams: Balanced candidate for Harris, Heath Tarbert: The active CFTC chair, Robert Stebbins: The adviser close to Trump’s SEC chair, Dan Gallagher: The Federal Reserve critic. (CoinTelegraph) (AC-A simple list to start research on SEC chair options.) -Central Bank Digital Currencies/World Currencies- 1. New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies: The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei. (CoinDesk) -Institutional Concerns- 1. US Bitcoin, Ethereum ETFs Bleed Over Half A Billion Before Elections: US-listed spot Bitcoin ETFs bled a total of $541.1 million on Monday – Fidelity's $FBTC lost $169.6 million. All other spot Bitcoin ETFs in the United States saw outflows, except BlackRock's IBIT, Invesco's BTCO, and Wisdom Tree's BTCW. In fact, IBIT had a $38.4 million inflow, being the only U.S.-listed BTC ETF that had a positive flow on Monday. (IBTimes) 2. UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto: A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. (BitcoinCom) 3. Semler Scientific Acquires 1,050 Bitcoin and Plans to Buy More Despite Tough Q3: Semler Scientific, a medical device maker, has acquired over 1,050 BTC and plans to purchase more using cash from operations and sales. Despite a challenging Q3 with a revenue drop, the company remains focused on Bitcoin investments. (Decrypt) -Economic Indicators- 1. US Stocks Close Lower Ahead of Election and Fed Decision: Stocks in the US finished lower on Monday as investors braced for a high-stakes week featuring the presidential election and the Federal Reserve's policy decision. The S&P 500 and Nasdaq lost 0.3% each while the Dow dropped 257 points. (TradingEconomics) -Security Incidents and Concerns- 1. FBI Warns Public About Deceptive Videos Ahead of Election Day: The approach to the U.S. presidential election has seen an increasing level of disinformation, especially deepfake technology. This raises concerns regarding the impact on voters. To this end, the FBI has also indicated that such doctored videos and other forms of disinformation are being used to sway public perception and impact election security. (TechTImes) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 5 pts) Analyst Comments (AC): Today is election day in the USA. The contentious and seemingly never-ending fighting over an executive level position (not king!) in the power-sharing system of the American political experiment reaches it's peak today. The system requires citizens to choose a side to cast a vote. Most humans hate being put into such airtight categories and are often more nuanced than simple blue or red. The same could be said for all conflict, including wars. Though we may celebrate the option to cast a vote instead of throwing lead, history teaches us that the latter option is the most prevalent, meaning the stakes are much higher for individuals and families. If and when the US experiment or global situations devolve, choosing sides becomes necessary for survival or moral imperative. The sooner one understands the choices available and commits, the better the outcome for those involved. Go vote today and prepare for tomorrow. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 868,835 DTG/ICOD: 1200Z 04Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: China Astronauts Return After 6 Months / German Government at Risk / IDF SOF Enter Syria / Final Push for Trump and Harris / El Salvador BTC VIP Effort Fails / Pakistan to Push for CBDC / Vivek's Firm to Offer Bitcoin to Clients / German TradFi Tries Bitcoin Mining / Colorado Scammers Target Bitcoiners / AI Global Race Gets Serious / Bitcoin Premium in South Korea Rises Market Data: Price: 1 BTC= $69,121, 25.22 oz Gold, .16 Median US House 24hr Hi: $69,433 / Lo: $67,482 Vol: $35B (Up 44%) Mkt Cap: $1.37T (Up 1%) HashRate: 723 EH/s Avg Fee Rate: 8 sats/vBtye (Even) Nodes: 18,638 ---Reports--- -International Events- 1. China space station crew returns to Earth after 6 months in space: Three Chinese astronauts returned to Earth on Monday after a six-month stay on the Tiangong space station, part of China’s effort to be a global leader in space exploration. In recent years, the country’s space program has brought back rocks from the moon and landed a rover on Mars. It aims to put a person on the moon by 2030, which would make China the second nation after the United States to do so. 2. Risk of the German government collapsing appears higher than ever: While all eyes are on the US elections this week, German politics seem to have become a train crash in slow motion. The German government has just entered a new stage of a slow burning political crisis that could be the last step before the eventual collapse of the governing coalition. (ING) 3. IDF commandos raid Syria, seize Syrian-national IRGC operative: Ali Soleiman al-Assi, a Syrian citizen, lives in the area of Saida in southern Syria. His work included gathering intelligence on IDF troops in the border area for future terror activity of the network. He has been under surveillance by the IDF for some time and was detained and transferred for interrogation in Israel. (JPost) -US Events- 1. Harris and Trump to hold final campaign events day before election: Harris will spend her final day of campaigning in Pennsylvania, with rallies in Allentown, Pittsburgh and Philadelphia. Trump will be in three battleground states today, holding events in North Carolina, Pennsylvania and Michigan. (CNN) 2. Security fencing goes up around White House, Capitol, VP residence: The Secret Service constructed eight-foot-high metal fences around the White House and Treasury Department complex and the adjacent parts of Lafayette Square, the Naval Observatory and Harris’s house in D.C., The Washington Post reported. (TheHill) -Regulatory and Legal- 1. Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program: A recent public records inquiry by El Mundo, a local Salvadoran outlet, found that zero passports had been issued as part of the ‘Adopting Bitcoin’ program, which was spearheaded by Salvadoran authorities to provide the so-called ‘freedom passports’ to Bitcoin investors willing to donate $1 million in BTC or USDT to the country. (BitcoinCom) (AC-The $1M 'donation' may have been too rich for a passport.) -Central Bank Digital Currencies/World Currencies- 1. Pakistan Proposes Amendments to Legalize Cryptocurrency: The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act, signaling a potential shift in the country's financial policy towards the legalization of cryptocurrencies. The proposed changes would empower the SBP to issue digital currency and manage the nation's currency in both physical and digital forms. Additionally, the amendments would grant the SBP the authority to conduct Central Bank Digital Currency (CBDC) operations, allowing CBDCs to function as legal tender. Historically, the SBP has classified cryptocurrencies like Bitcoin as illegal and has warned of the risks associated with them (BinanceSauare) (AC-CBDC's being conflated with independent cryptocurrencies. Bitcoin is still considered illegal.) -Institutional Concerns- 1. Ramaswamy’s Strive launches wealth management arm offering Bitcoin to clients: Strive Enterprises, an asset management firm co-founded by former United States presidential candidate Vivek Ramaswamy, announced a new wealth management unit on Nov. 1 that integrates Bitcoin into client portfolios. “It’s striking that most wealth managers aren’t even thinking about integrating Bitcoin into client portfolios,” Ramaswamy added in a Nov. 1 X post. (CoinTelegraph) 2. German TradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid: German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. (CryptoSlate) -Economic Indicators- 1. Week Ahead - Nov 3rd: The US presidential elections on Tuesday are set to be the most closely watched event, capturing the attention of investors worldwide. In addition, markets will keep a keen eye on the Federal Reserve's interest rate decision, as well as the ISM Services PMI, Michigan consumer sentiment, foreign trade data, factory orders, and non-farm productivity measures. (TradingEconomics) -Security Incidents and Concerns- 1. Colorado Scammers Impersonate Law Enforcement Officials, Defrauded Residents of Thousands in Bitcoin: A Keystone, Colorado resident lost over $6,000 in Bitcoin to scammers posing as law enforcement officials, with an additional $4,000 transfer narrowly avoided by deputies. The scammers obtained sensitive personal information during the fraudulent calls, part of a growing trend in the state. (Decrypt) -Technology and Science- 1. "An Existential Race Amongst The Great Powers Accelerates, At The Dawn Of The AI Age": “In the global competition on AI, the alleged role of a single, and outdated, version of an American open-source model is irrelevant when we know China is already investing more than one-trillion dollars to surpass the US on AI,” said a Meta spokesperson. "The People’s Republic of China is currently leveraging AI to enhance its own military capabilities and strategic advantages and is using Western technology to do so.” (ZeroHedge) -Bitcoin Community- 1. Bitcoin Premium in South Korea Rises: A Bullish Signal or Just Regional Dynamics?: By Halloween—Oct. 31—Satoshi’s white paper anniversary—the premium on South Korean exchanges was recorded at 1.93%. This trend is largely due to local regulations and capital controls. Additionally, South Korean demand for cryptocurrencies is strong. Throughout the year, the South Korean won consistently ranks as the second most-traded fiat currency with BTC, just behind the U.S. dollar. (BItcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 75/100 (Down 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: 868,243 DTG/ICOD: 1200Z 31Oct24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: NK Successfully Tests Longest Range ICBM / Most of Mexico's High Court Resign / US Sanctions 400 Firms for Russia Ties / Trump Trolls in Garbage Truck / Musk Ordered to Court Over Giveaway / Brazil Looks to Tax Crypto Remittances / Nigeria Inflation Worsens / Bitwise CIO Says Bitcoin Doesn't Need USD Collapse to Rise / US Treasury Wants to Replace Stablecoins With CBDC / MSTR Goes Big on Fiat Arbitrage / 16 Years Since Bitcoin White Paper Released Market Data: Price: 1 BTC= $72,214, 25.99 oz Gold, .17 Median US House 24hr Hi: $72,905 / Lo: $71,411 Vol: $37B (Down 28%) Mkt Cap: $1.43T (Even) HashRate: 756 EH/s Avg Fee Rate: 5 sats/vBtye (Up 66%) Nodes: 19,251 ---Reports--- -International Events- 1. North Korea leader says longest ICBM test 'appropriate military action' against enemies: North Korea said it tested an intercontinental ballistic missile on Thursday, upgrading what it called the "world's most powerful strategic weapon", as Seoul warned Pyongyang could get missile technology from Russia for helping with the war in Ukraine. Fueled by solid-propellant and fired from a road launcher, it was launched at a sharply raised angle and flew for 73 minutes, translating to a potential range of 15,000 km on a normal trajectory. That is a distance that puts anywhere in the mainland United States within range. (Reuters) 2. 8 of 11 members of Mexico’s Supreme Court to resign in protest of controversial judicial overhaul: Eight justices of Mexico’s Supreme Court have said they will leave the court rather than stand for election as required by a controversial judicial overhaul passed last month. Last month, Mexico’s Congress passed — and a majority of states ratified — then-President Andrés Manuel López Obrador’s initiative to make all of the country’s judges subject to election. (AP) 3. U.S. Sanctions Nearly 400 Firms, Accusing Them of Aiding Russia’s War Effort: The U.S. Treasury Department announced sweeping sanctions against 275 individuals and entities in countries including India, China, Switzerland and Turkey, with the restrictions aimed at "disrupting global evasion networks." (MoscowTimes) -US Events- 1. Trump Holds Press Conference In Garbage Truck En Route To Green Bay Rally: TRUMP: "How do you like my garbage truck? This truck is in honor of Kamala and Joe Biden." (ZeroHedge) 2. Philadelphia Judge Orders Elon Musk To Attend Court Over $1 million Giveaway: A judge has summoned all involved parties, including Elon Musk, to an emergency court hearing in Philadelphia on Thursday to address a lawsuit aimed at blocking Tesla CEO's political action committee from distributing $1 million to registered voters in Pennsylvania before the Nov. 5 U.S. election. (IBTimes) -Regulatory and Legal- 1. Brazilian Central Bank Considers Taxing Stablecoin Remittances: The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. (BitcoinCom) -Central Bank Digital Currencies/World Currencies- 1. Nigeria's Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?: The Nigerian naira, which has already lost over 70% of its value in 2024, recently dropped to a record low of NGN1,670.65 per U.S. dollar on the official foreign exchange market on October 28. The naira’s decline coincides with a 72% plunge in dollar liquidity, falling to $81 million, the lowest level in over a month. The naira’s depreciation has fueled inflation, which peaked at 34.19% in June, further worsening the plight of Nigerians. (BitcoinCom) (AC-Just a reminder that Nigeria has instituted very strong anti-Bitcoin and stablecoin laws in response to the decline of the Naira's value. The only reason for this pain is a major continued increase in money supply by the government.) 2. Does US Dollar Need to Collapse for Bitcoin to Hit $200K? Bitwise Says No: The chief investment officer of asset management firm Bitwise, Matt Hougan, addressed bitcoin’s potential to reach a $200,000 valuation without a collapse of the U.S. dollar on social media platform X on Tuesday. Hougan outlined two primary factors behind bitcoin’s growth potential. “When you invest in bitcoin, you’re actually making two bets at once,” he explained. Firstly, he said: “Bitcoin will succeed in establishing itself as a new ‘store of value’ asset” Secondly, he noted: “Governments will abuse fiat currencies and increase demand for ‘store of value’ assets.” (BitcoinCom) 3. U.S. Treasury Report Proposes CBDC Replacement for Private Stablecoins: The U.S. Treasury Department has recommended replacing private stablecoins with government-issued CBDCs, citing concerns about the $120 billion in Treasury bills held as stablecoin collateral and potential market risks. Over 80% of crypto transactions involve stablecoins, with USDT leading in trading volume. (Blockonomi) -Institutional Concerns- 1. Bitcoin investors pile $875M into BlackRock fund amid crypto rally: BlackRock’s spot Bitcoin exchange-traded fund (ETF) recorded its biggest day of inflows since its launch in January as crypto markets surged. On Oct. 30, BlackRock’s spot Bitcoin ETF (IBIT) recorded inflows of $875 million, according to CoinGlass data. This marked the highest inflow day for IBIT since its launch on Jan. 11. (CoinTelegraph) 2. MicroStrategy Aims to Raise $42 Billion to Increase Bitcoin Holdings: MicroStrategy plans to raise $42 billion through debt and equity to expand its Bitcoin holdings, aiming to become a major corporate holder of the cryptocurrency. The company's CEO stated the need to scale up Bitcoin initiatives beyond cash flows from their software business. (Decrypt) -Economic Indicators- 1.US GDP Growth Below Forecasts in Q3: The US economy expanded an annualized 2.8% in Q3 2024, below 3% in Q2 and forecasts of 3%, the advance estimate from the BEA showed. (TradingEconomics) 2. US Private Companies Add the Most Jobs in Over a Year: Private businesses in the US added 233K workers to their payrolls in October 2024, the most since July 2023, following an upwardly revised 159K rise in September and much higher than forecasts of 115K. (TradingEconomics) 3. US Futures Drop as Tech Earnings Disappoint: US stock futures declined on Thursday as megacap technology names tumbled in after-hours trading on disappointing corporate earnings reports. Meta Platforms dropped over 3% after missing user growth expectations and warning of increased capital expenditures in 2025. Microsoft also saw a nearly 4% decline due to weak revenue guidance. In regular trading on Wednesday, the Dow dipped 0.22%, the S&P 500 lost 0.33%, and the Nasdaq Composite fell 0.56%. (TradingEconomics) -Security Incidents and Concerns- 1. FBI Links Chinese Hackers 'Salt Typhoon' to Telco Infrastructure Access; With Trump, Biden Aides Targeted: Shortly after Trump revealed that their data was illegally accessed and placed the blame on the Iranian bad actors, the Federal Bureau of Investigation (FBI) revealed that the United States' telecommunications infrastructure was the target of a massive access. The law enforcement agency regarded that these threat actors were affiliated with the People's Republic of China, with new reports claiming that the group 'Salt Typhoon' was behind it. (TechTimes) -Technology and Science- NSTR -Bitcoin Community- 1. Bitcoin White Paper 16th anniversary: On October 31, we mark sixteen years since Satoshi Nakamoto published the Bitcoin white paper—a concise yet visionary document that redefined the concept of money and challenged the power structures controlling global finance. Satoshi proposed more than just a decentralized currency; Bitcoin was designed as a robust, peer-to-peer system that promised financial autonomy, economic inclusivity, and an open network accessible to all. Sixteen years later, however, Bitcoin’s journey is marred by competing interpretations of its purpose and challenges that have redefined what it means to “keep the network secure.” (CoinGeek) (AC-Warning, the article is biased towards BSV, but drives thinking on the subject.) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Even) 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: 868,086 DTG/ICOD: 1200Z 30Oct24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel Kicks UNRWA Out / Super Typhoon Headed to Taiwan / US Pentagon Says 'No Limit' if NK Joins Russia in Ukraine / 'Free Gaza' Painted on Burning Ballot Boxes / Early Voters Down From COVID Days, But More Republican / Musk Launches Election Integrity Community / Florida CFO Wants Bitcoin Reserve / Biden Thanks Nigeria President for Releasing Binance Exec / BTC ETFs on Fire, Blackrock Leads / US Job Openings Drop Unexpectedly / Keep Seed Phrases Safe / Ancient Mayan City Found in Mexico Market Data: Price: 1 BTC= $72,029, 25.94 oz Gold, .17 Median US House 24hr Hi: $73,577 / Lo: $70,905 Vol: $52B (Up 8%) Mkt Cap: $1.42T (Up 1%) HashRate: 748 EH/s Avg Fee Rate: 3 sats/vBtye (Down 82%) Nodes: 18,699 ---Reports--- -International Events- 1. Israel’s move to ban a UN agency raises alarm about aid to Gaza even as the implications are unclear: The agency known as UNRWA provides essential services to millions of Palestinians across the Middle East and has underpinned aid efforts in Gaza throughout the Israel-Hamas war. Legislation barring it from operating in Israel passed with an overwhelming majority Monday. Israel says UNRWA has allowed itself to be infiltrated by Hamas, with the militants siphoning off aid and using the agency’s facilities as shields. (AP) 2. Taiwan expects super typhoon Kong-rey to make landfall on Thursday: Packing gusts of nearly 300 kph (186 mph), the storm has strengthened into a super typhoon and is expected to further intensify before hitting Taitung county, according to the U.S. Navy's Joint Typhoon Warning Center. (Reuters) 3. Pentagon Warns No Limits On Ukraine Support If North Korea Joins War: The United States is warning that it is ready to escalate NATO involvement in Ukraine if North Korean troops join Russia's war in Ukraine. "The U.S. will not impose new limits on Ukraine's use of American weapons if North Korea joins Russia's war, the Pentagon said on Monday, as NATO said North Korean military units had been deployed to the Kursk region in Russia," Reuters reports. (ZeroHedge) -US Events- 1. Police are searching for the person who set ballot boxes on fire in Washington and Oregon: With just days until Election Day, hundreds of ballots were destroyed by fires this week at two ballot drop boxes in the Pacific Northwest, and investigators are searching for a culprit they say is responsible for both. Devices at both scenes Monday and a ballot box earlier in the month were marked with the words “Free Gaza,” (CNN) 2. One week from Election Day, early voters look different than they did 4 years ago: With one week until Election Day, more than 48 million ballots have been cast across 47 states and the District of Columbia. So far, preelection voting across the country is down significantly from this point four years ago, when a record number of voters turned out before Election Day amid the Covid-19 pandemic. Across the states where Catalist has comparable data, early voters so far are older, slightly more likely to be White and more likely to be Republican than they were at this point four years ago. (CNN) 3. X Introduces Election Integrity Community: Elon Musk and X launches election integrity community to report election anomalies. (X) -Regulatory and Legal- 1. Florida CFO advocates adding Bitcoin to state pension funds for strategic growth: Florida Chief Financial Officer Jimmy Patronis has urged the State Board of Administration (SBA) to consider adding Bitcoin to the state pension funds. On Oct. 29, Patronis sent a letter to Chris Spencer, the executive director of the Florida State Board of Administration, highlighting Bitcoin’s role as “digital gold.” He emphasized how Bitcoin could diversify the state’s portfolio while offering a protective hedge against the volatility of other major asset classes. (CryptoSlate) 2. US President Joe Biden thanks Nigerian President Bola Tinubu on a phone call for releasing Binance exec Tigran Gambaryan (TheBlock) -Central Bank Digital Currencies/World Currencies- 1. BIS debates ending cross border CBDC project mBridge: The Bank for International Settlements (BIS) is considering whether to shut down Project mBridge, the cross border CBDC payments platform developed in collaboration with the central banks of China, Hong Kong, Thailand and the UAE. One concern is Russia’s ongoing enthusiasm for developing a similar sounding BRICS Bridge. (LedgerInsights) -Institutional Concerns- 1. BlackRock Bitcoin ETF Triggers Major FOMO With New 6-Month High Milestone: On Tuesday, the BlackRock IBIT registered a massive $3.3 billion in trading volumes, hitting its six-month high levels. (CoinGape) -Economic Indicators- 1. US Job Openings Unexpectedly Fall: The number of job openings fell by 418,000 to 7.443 million in September 2024 from a downwardly revised 7.861 million in August and below market expectations of 7.99 million. It is the lowest level since January 2021, indicating the labor market is cooling. Job openings decreased in health care and social assistance, and government. (TradingEconomics) 2. US Economy Likely Expanded a Strong 3% in Q3: The US economy likely expanded by an annualized 3% in the third quarter of 2024, the same as in the previous quarter, driven by strong consumer and business spending. (TradingEconomics) -Security Incidents and Concerns- 1. The Infosec Basics: How to Keep Your Bitcoin Seed Phrase Secure: Rule one: never share your seed phrase with anyone. Rule Two: You should avoid storing your seed phrase digitally. To put it simply, your internet connected devices are vulnerable to hackers. Thus, if you want to keep your Bitcoin safe, you should invest in a hardware wallet. Don’t try to reinvent the wheel. Just record your seed phrase on a durable medium like metal, and keep it physically safe from prying eyes and thieving hands. Keep it locked in your safe or a room other people do not frequently access. Check on it from time to time. That’s all you have to do. (BitcoinMag) -Technology and Science- 1. Vast ancient Mayan city is found in a Mexican jungle — by accident: A graduate student analyzing publicly available drone data in Mexico unexpectedly stumbled across a huge ancient Mayan city buried beneath dense jungle. For centuries, the city lay hidden amid jungle canopy in the state of Campeche, on the Gulf of Mexico. New research published Tuesday in the journal Antiquity reveals sites that in total cover area about one-and-a-half times the size of Washington, D.C. (NBC) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 5 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: 867,922 DTG/ICOD: 1200Z 29Oct24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Gaza Strike By IDF Kills 60 / Georgia Elections Protested / WaPo Declines to Endorse, Cancellations Ensue / US Running Low on Missile Defenses / Hong Kong Looks to Attract Crypto Investment / BRICS, SCO Align to Increase Economic Power / Emory Univ. Discloses BTC ETF Investment / MSTR Outpaces BTC in 2024 / Bhutan to Sell Some BTC Stash / Russia Targets Telegram With Malware / Indonesia Says No Apple Allowed / Bitcoin Miner Stock Spike Market Data: Price: 1 BTC= $71,195, 25.88 oz Gold, .16 Median US House 24hr Hi: $71,542 / Lo: $68,409 Vol: $49B (Up 107%) Mkt Cap: $1.41T (Up 3%) HashRate: 736 EH/s Avg Fee Rate: 14 sats/vBtye (Up 460%) Nodes: 19,492 ---Reports--- -International Events- 1. Israeli strike in northern Gaza kills at least 60, officials say, as Hezbollah announces new leader: An Israeli strike on a five-story building where displaced Palestinians were sheltering in the northern Gaza Strip killed at least 60 people early Tuesday. In a separate development, Lebanon’s militant group Hezbollah said it has chosen Sheikh Naim Kassem to succeed longtime leader Hassan Nasrallah, who was killed in an Israeli airstrike last month. Hezbollah vowed to continue with Nasrallah’s policies “until victory is achieved.” (AP) 2. US raises alarm over Georgia’s (The country) elections: The U.S. and European allies are raising alarm over Georgia’s elections, where the Russian-friendly ruling party Georgian Dream (GD) claimed victory over opposition parties that have refused to recognize the results, accused the Kremlin of meddling and called for mass protests. Tens of thousands of Georgians have since massed outside parliament Monday night, demanding the annulment of the weekend parliamentary election. (TheHill/AP) -US Events- 1. Washington Post hit with over 200K cancellations after move to block Harris endorsement: More than 200,000 Washington Post readers have reportedly canceled their subscriptions in the three days since the Jeff Bezos-owned publication decided against endorsing a presidential candidate in the 2024 election. “Presidential endorsements do nothing to tip the scales of an election,” Bezos wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None. What presidential endorsements actually do is create a perception of bias.” (NYPost) 2. Pentagon Runs Low on Air-Defense Missiles as Demand Surges: Interceptors are fast becoming the most sought-after ordnance during the widening crisis in the Middle East, as Israel and other U.S. allies face an increasing threat from missiles and drones fired by Iran and the militias it supports. The Pentagon worries it could run through its inventory faster than it can replace them, leaving the U.S. vulnerable in a potential conflict in the Pacific, analysts and officials said. (WSJ) -Regulatory and Legal- 1. Hong Kong Unveils Regulation Roadmap, Hints at New Cryptocurrency Incentives: The government of Hong Kong is on the verge of completing stablecoin regulations to become a more friendly hub for cryptocurrency investments. In addition, authorities stated that they have been considering extending crypto tax cuts to more investors. (BitcoinCom) -Central Bank Digital Currencies/World Currencies- 1. BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance: Shanghai Cooperation Organization (SCO) Secretary-General Zhang Ming detailed efforts to create a unified payment system among SCO member states on Monday. Formed in 2001, the SCO is a regional alliance focused on security, economic collaboration, and political stability among Eurasian countries, including China, Russia, and India. The organization shares objectives with BRICS, as both seek to promote multipolarity and reduce Western economic influence. (BitcoinCom) -Institutional Concerns- 1. Emory Is First University to Disclose Bitcoin ETF Holding: Emory University disclosed owning over $15 million in Grayscale Bitcoin Mini Trust shares, becoming the first endowment to publicly report bitcoin exposure. With $21 billion in total assets, Emory's move into bitcoin ETF is significant among risk-averse endowment funds. (CoinDesk) 2. MicroStrategy's leveraged bitcoin strategy has its stock outpacing BTC this year: Microstrategy, which trades under the ticker MSTR, has seen its share price rise nearly 250% year-to-date. At the time of writing, Bitcoin has a 60% year-to-date return, compared to the nearly 4X higher return provided by MSTR. (TheBlock) 3. Bitcoin records over $880 million net inflows in 2 days as Bitcoin broke $71k (CryptoSlate) 4. Bhutan Govt Dumps Over $66 Million in BTC to Binance: Royal Government of Bhutan deposited 929 BTC to crypto exchange Binance, an on-chain data expert reported on Tuesday. Bhutan govt now holds 12,456 BTC, which is valued at $886.58 million. As per the blockchain analytics firm Arkham recent findings Bhutan ranks fourth globally in terms of government holdings of Bitcoin. (CoinGape) -Economic Indicators- 1. Bitcoin Hits $70,000 on Huge ETF Inflows: Bitcoin hit the key $70,000 mark this week for the first time since June, driven by strong inflows into US spot Bitcoin exchange-traded funds. Industry data showed that US-based Bitcoin funds recorded inflows of over $3 billion over the past two weeks, bringing year-to-date inflows to over $25 billion. (TradingEconomics) 2. US Stocks Rise, Earnings and Key Data Eyed: Stocks in the US were higher on Monday, with the S&P 500 rising 0.5%, the Dow Jones adding 280 points and the Nasdaq increasing 0.6% as traders got some relief after Israeli airstrikes against Iran did not target oil or nuclear facilities as initially feared. At the same time, investors brace for a busy week of earnings with five of the “Magnificent Seven” megacaps Apple, Microsoft, Meta, Amazon and Alphabet due to report quarterly results. (TradingEconomics) -Security Incidents and Concerns- 1. Russian Espionage Group Targets Ukrainian Military with Malware via Telegram: A suspected Russian hybrid espionage and influence operation has been observed delivering a mix of Windows and Android malware to target the Ukrainian military under the Telegram persona Civil Defense. (HackerNews) -Technology and Science- 1. Indonesia Makes iPhone 16 Use, Sale Illegal as Apple Fails to Invest in the Country: Indonesia deemed that iPhone 16's sale and use in its country is now illegal, and Apple is now facing a ban to its products in the Southeast Asian country after a recent falling out between both entities. It was revealed that Apple failed on its investment promises where the Cupertino tech giant was not able to pay off the entire sum that they promised to the country, as part of their original pledge. (TechTimes) -Bitcoin Community- 1. Bitcoin mining stocks rocket 24% on macro climate, AI play: Share prices of Bitcoin miners soared as much as 24.4% on Oct. 28 as Bitcoin rallied above $70,000 — with an analyst pointing to an increasingly favorable macroeconomic climate and miners’ continued diversification into AI. (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 72/100 (Even) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image