image BTC Daily Intelligence Bulletin (DIB) Block: 896,405 DTG/ICOD: 1200Z 12May2025 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Hamas Releases Last US Hostage / US-China Strike Trade Deal / India-Pakistan Ceasefire Holds / Kurdish PKK Disbands / Trump EO To Cut Pharma Prices / US Stops Mexican Livestock Imports / Citizenship Debate Heads to SCOTUS / FDA Goes All-Natural on Dyes / Conor McGregor Pushes Irish Bitcoin Treasury / BTC ETFs Rake It In / Coinbase Launches BTC, ETH Futures Trading / Trump's New BTC Miner Going Public / MSTR Causing Bitcoin Deflation / Markets Like China Trade Deal / Google Pays Texas $1.3B in Privacy Thefts / Germany Shuts Down Crypto Mixer / Latest Wrench Attack in Las Vegas Desert / Soviet Spacecraft Reenters Atmosphere / VP Vance Scheduled for BTC 2025 / New Study Shows People Use BTC During Economic Woes Market Data: Price: 1 BTC= $103,860, 32.21 oz Gold, .24 Median US House 24hr Hi: $105,747 / Lo: $103,597 Volume: $53 (Up 19%) Mkt Cap: $2.48T (Up 1%) HashRate: 889 EH/s Avg Fee Rate: 3 sats/vBtye (Down 50%) ---Reports--- -International Events- 1. Hamas Announces Release of Last American Hostage in Gaza: Hamas stated that Edan Alexander, a 20-year-old Israeli-American held since October 2023, will be released as part of efforts to establish a ceasefire, reopen Gaza crossings, and resume aid delivery. (AP) 2. U.S. and China Agree to Reduce Tariffs in Trade Deal: U.S. and Chinese officials, led by Treasury Secretary Scott Bessent and Vice Premier He Lifeng, reached a 90-day agreement to lower tariffs significantly—U.S. levies on Chinese goods drop from 145% to 30%, and Chinese levies on U.S. goods from 125% to 10%. Talks continue to resolve trade disputes. (AP, CBS) 3. India-Pakistan Ceasefire Holds After Deadly Clashes: A ceasefire between India and Pakistan, following strikes in Pakistan-administered Kashmir that killed over 100 militants, has raised hopes of de-escalation after weeks of high tension. Both nations claim victories, but the truce is a step toward stability. (CNN) 4. Kurdish PKK Militants Announce Disbandment: The Kurdistan Workers’ Party (PKK) declared it will disband and disarm after 40 years of armed conflict with Turkey, a historic move toward peace. The decision follows a statement from jailed leader Abdullah Ocalan. (NPR) -US Events- 1. Trump Plans Executive Order to Cut Medicine Prices: President Trump is set to sign an executive order to align U.S. medicine prices with those in other countries, aiming to reduce costs for consumers. (Reuters) 2. US shuts southern border to livestock imports to stop spread of deadly flies: The Trump administration is temporarily banning imports of cattle, horses and bison through ports along the southern border because of the rapid northern spread of New World Screwworm (NWS) in Mexico. (Fox) 3. Birthright citizenship debate erupts as Supreme Court arguments near: The Supreme Court will hear an emergency appeal on May 15 regarding President Trump's executive order that limits birthright citizenship for children born to noncitizen parents in the United States. (GroundNews) 4. FDA Approves Natural Food Color Additives: The FDA approved three natural food color additives—Galdieria extract blue, butterfly pea flower extract, and calcium phosphate—as part of the Trump administration’s push to phase out petroleum-based dyes. (CBS) -Regulatory and Legal- NSTR -CBDCs/World Currencies/Strategic Reserves- 1. Conor McGregor Proposes Irish Bitcoin Reserve in Presidential Campaign: Former UFC champion Conor McGregor proposes national Bitcoin reserve in Irish presidential bid and plans meeting with El Salvador's president. (Blockonomi) -Institutional Concerns- 1. Blackrock Powers Bitcoin ETFs to $321 Million Inflow as AUM Climbs Past $121 Billion: Blackrock’s IBIT once again carried the day, raking in a massive $356.20 million, while Fidelity’s FBTC added $45 million. (BitcoinCom) 2. Coinbase Pioneers 24/7 Crypto Trading for Bitcoin and Ethereum US Futures: Coinbase has launched 24/7 trading for bitcoin and ethereum futures, becoming the first CFTC-regulated exchange in the U.S. to offer continuous access to leveraged crypto futures. (BitcoinCom) 3. Trump-affiliated mining firm American Bitcoin to go public via merger with Gryphon Digital: Hut 8 subsidiary American Bitcoin plans to go public via a merger with Gryphon Digital Mining. (TheBlock) -Economic Indicators- 1. Bitcoin now deflationary due to Strategy's BTC purchases: Strategy, a Bitcoin treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju. (CoinTelegraph) 2. US Futures Soar as US and China Agree to Lower Tariffs: US stock futures surged on Monday, with S&P 500 contracts climbing 2.8%, Nasdaq 100 futures rising 3.6%, and Dow Jones futures jumping more than 900 points, after the US and China announced a sweeping 90-day reduction in tariffs following trade negotiations over the weekend in Switzerland. (TradingEconomics) 3. The dollar index surged more than 1% above 101.5 on Monday, hitting over four-week highs, while the yield on the US 10-year Treasury note rose about 6 basis points to 4.45% on Monday. (TradingEconomics) -Security Concerns- 1. Google Pays $1.375 Billion to Texas Over Unauthorized Tracking and Biometric Data Collection: Google has agreed to pay the U.S. state of Texas nearly $1.4 billion to settle two lawsuits that accused the company of tracking users' personal location and maintaining their facial recognition data without consent. "For years, Google secretly tracked people's movements, private searches, and even their voiceprints and facial geometry through their products and services," Texas Attorney General Ken Paxton said in a statement. (HackerNews0 2. German operation shuts down crypto mixer eXch, seizes millions in assets: German police have seized infrastructure belonging to the cryptocurrency platform eXch and confiscated more than $30 million worth of digital currency. The mixer is believed to have been used to launder much of the funds stolen in the $1.46 billion hack of Bybit in February. (TheRecord) 3. Florida Teens Charged in $4 Million Cryptocurrency Theft After Desert Kidnapping: Three Florida teenagers kidnapped a Las Vegas crypto event host at gunpoint and stole $4 million in cryptocurrency and NFTs after forcing password disclosure. Two suspects (Belal Ashraf and Austin Fletcher, both 16) are in custody, a third suspect fled the country, The victim was abandoned in Arizona desert and walked five miles to safety. (Blockonomi) -Technology and Science- 1. Soviet-Era Spacecraft Kosmos 482 to Reenter Earth: Kosmos 482, launched in 1972 for a Venus mission but stranded in Earth’s orbit, is expected to reenter and burn up in the atmosphere. Experts predict minimal risk from debris. (CBS) -Bitcoin Community- 1. Vice President JD Vance Will Speak at Bitcoin 2025 Alongside Trump's Sons: Vice President JD Vance is scheduled to headline Bitcoin 2025, following President Trump's appearance at Bitcoin 2024. Vance, who previously disclosed owning Bitcoin, will be the first vice president to speak at a crypto event, showcasing public support for the cryptocurrency industry. (Decrypt) 2. New BIS Report Says Bitcoin Use Surges During Economic Stress: A new report from the Bank for International Settlements (BIS) shows that Bitcoin and other cryptocurrencies are being used more during times of economic stress. This happens mostly in countries where inflation is high, it’s expensive to send money, or the government limits how much money can leave the country. (BitcoinMag) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 4 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: @Bitcoin Veterans Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
image BTC Daily Intelligence Bulletin (DIB) Block: 895,956 DTG/ICOD: 1200Z 09May2025 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US-UK Announce Tariff Deal / First American Pope, Leo XIV / Missiles, Drones Exchanged in India, Pakistan / China Drops Economic Reporting Prior to US Negotiations / Jeanine Piro Named Interim US Attorney for DC / Pentagon to Oust Transgenders / Germany Reclaims Some Hacked Bitcoin / GENIUS Bill Dead / Man Sends Crypto To ISIS / EU To Track all Crypto Exchanged / Arizona Establish Bitcoin Reserve Only for Abandoned / Stocks Up on Trade Deals / Meta ChatBot Privacy Nightmare / ChatGPT Saves Ailing Man / Steak N Shake Now Takes Bitcoin Market Data: Price: 1 BTC= $103,104, 30.90 oz Gold, .24 Median US House 24hr Hi: $104,297 / Lo: $99,122 Vol: $75B (Up 38%) Mkt Cap: $2.04T (Up 4%) HashRate: 908 EH/s Avg Fee Rate: 6 sats/vBtye (Up 200%) ---Reports--- -International Events- 1. US and UK Announce Tariff Reduction Deal: The United States and Britain finalized a trade agreement to lower tariffs on select goods, boosting UK assets amid economic challenges. The deal aims to strengthen bilateral trade and counter global market pressures. (Reuters) 2. Robert Prevost elected as first American pope and takes the name Leo XIV: The 69-year-old from Chicago stepped into his role as the 267th pope on the balcony of St. Peter’s Basilica. (CNN) 3. 500 Pakistani drones targeted 24 cities in J&K, Punjab, Rajasthan, Gujarat: Apart from swarm of drones, Pakistan also deployed missiles, which were promptly intercepted and blocked by India's air defense units. Meanwhile airlines Reroute Flights Over India and Pakistan.(IndiaToday) 4. China Panics Ahead Of Trade-Talks, Shuts Down Its Economic Data: Rarely do nations go entirely silent on the market, as in turning off the switches and making the data rooms go dark. It is an ominous sign. This is precisely what has happened in China. The bureaus have simply stopped reporting. (ZeroHedge) -US Events- 1. Trump names Jeanine Pirro interim US attorney for DC: President Trump announced Thursday he’s appointing Fox News host and former prosecutor Jeanine Pirro the interim US attorney for Washington, DC, after his first pick faced what appeared to be insurmountable pushback from Republicans on Capitol Hill. (CNN) 2. Up to 1,000 transgender troops are being moved out of the military in new Pentagon order: The Defense Department announced it would promptly start separating up to a thousand transgender service members who have openly disclosed their gender identity, while also allowing others a 30-day period to self-report under the new order. (GroundNews) -Regulatory and Legal- 1. Germany seizes $38M in crypto from Bybit hack-linked eXch exchange: The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police. (CoinTelegraph) 2. Treasury Secretary Scott Bessent Slams Senate Over Failure to Pass GENIUS Stablecoin Bill: The Senate's failure to advance the GENIUS Act, a bill aimed at establishing a federal regulatory framework for stablecoins, has caused uncertainty over stablecoin oversight and digital asset legislation. Treasury Secretary Scott Bessent expressed disappointment, emphasizing the need for American leadership in the global digital assets race. (Decrypt) 3. Man sentenced to 30 years for funding ISIS with cryptocurrency: A Virginia man was sentenced to more than 30 years in federal prison for raising funds for the Islamic State of Iraq and al-Sham (ISIS) using wire transfers, social media, and cryptocurrency. (TheBlock) 4. EU Plans to Track Crypto Transfers, Require Exchanges to Identify Self-hosted Wallet Users: Eurogroup President Paschal Donohoe discussed the EU's plan to expand AML regulation to include tracking cryptocurrency transfers. The new Anti-Money Laundering Regulation will require exchanges to identify users of self-hosted wallets. (Decrypt) -CBDCs/World Currencies/Strategic Reserves- 1. Arizona Passes Law to Establish Bitcoin Reserve Fund: On May 2, Hobbs vetoed Senate Bill 1025 which would have allowed Arizona state funds to be invested in cryptocurrencies. Hobbs described virtual currencies as “untested investments.” But after receiving another proposal, House Bill HB2749, which permits the state to only hold abandoned digital assets in a special fund, Hobbs gave the thumbs up. (BitcoinCom) -Institutional Concerns- 1. Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling: Bitcoin’s pipeline to exchanges is packed with brand‑new coins, leaving long‑held supply largely untouched. (CryptoSlate) -Economic Indicators- 1. US 10-Year Yield Holds Advance: The yield on the US 10-year Treasury note held above 4.36% on Friday and was on track to post a second consecutive weekly gain, supported by improving global trade sentiment and diminished expectations of near-term rate cuts. (TradingEconomics) 2. Wall Street Rallies on UK Pact: Stocks in the US surged Thursday after President Trump announced a trade deal framework with the United Kingdom, the first major agreement since the US imposed sweeping tariffs earlier this year. The S&P 500 rose 0.6%, the Nasdaq jumped roughly 1.1% and the Dow gained 255 points, fueled by optimism around trade and easing geopolitical tensions. Trump described the UK deal as a breakthrough that would boost American exports, though a 10% tariff remains in place. He also hinted that tariffs on China could come down depending on the outcome of trade talks this weekend in Switzerland, where US officials will meet their Chinese counterparts. (TradingEconomics) -Security Concerns- NSTR -Technology and Science- 1. Meta AI's Personalized Chatbot Raises Privacy and Ethical Concerns: Meta's new AI app collects extensive user data, with analysts noting it exceeds data gathering of competitors like ChatGPT. The platform keeps chat records by default and integrates with Meta's advertising system, raising privacy concerns. (GroundNews) 2. ChatGPT 'Saved' User's Life After Urging Him to Go the Hospital 'NOW' Upon Hearing His Symptoms: 'I Would've Lost an Organ': When he woke up in the morning with more intense symptoms, he decided to consult ChatGPT out of curiosity. After inputting his symptoms, the AI responded with a clear and urgent warning: "Go to the hospital. NOW." (TechTimes) -Bitcoin Community- 1. Bitcoin to be Accepted at All Steak ‘n Shake Locations in the US Next Week: Steak ‘n Shake will start accepting Bitcoin at all U.S. locations from May 16, allowing customers to pay for items like milkshakes and burgers with BTC. This move will test Bitcoin's speed, cost, and usability in a high-volume, low-margin fast food setting. (Decrypt) (AC-Go support them!) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 73/100 (Up 8 pts) Analyst Comments (AC): Friday FutureCast: Selected odds by Polymarket today: US recession in 2025?- 52% chance. US-China trade deal before June?- 23% chance. Fed Decision in June?- No change-85%. What price will Bitcoin hit in 2025?- $110K-83%, $120K-67%, $130K-48% Follow us on NOSTR: @Bitcoin Veterans Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report