
BTC Daily Intelligence Bulletin (DIB)
Block: 902,808
DTG/ICOD: 1200Z 26Jun2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Iran Invincibility Shattered / NATO Agrees on 5% GDP Spend on Defense / Russia Drone Plant Explodes / US Military Zones Increase on Border / Celebrities Celebrate Socialist Candidate for NYC Mayor / New US Vaccine Board Meets / IRS Reminds of Crypto Tax Obligations / Crypto Approved as Mortgage Backing in US, but.. / India Spokesman Pushed Bitcoin Reserve / Bitcoin Treasury Companies Skate Regulations Well / Trump Aims for New Fed Chairman / Court Rules AI Can Use Published Works / Bitcoin Miner Drops BTC, Goes ETH /
Market Data: Price: 1 BTC= $107,355, 32.21 oz Gold, .25 Median US House
24hr Hi: $108,305 / Lo: $106,817
Volume: $51B (Up 10%)
Mkt Cap: $2.13T (Even)
HashRate: 818 EH/s
Avg Fee Rate: 1 sats/vBtye (Even)
---Reports---
-International Events-
1. The myth of Iran’s invincibility has been shattered, and the fallout could be far-reaching: For over three decades, Iran built a web of proxy networks to push its battles far beyond its borders – keeping enemies at bay, as Supreme Leader Ayatollah Ali Khamenei tightened his grip on power. Direct strikes on Iran remained inconceivable. That image of invincibility crumbled in the space of hours on June 13, when Israel launched a surprise, unprecedented attack deep inside Iran, shattering Tehran’s sense of security and unraveling its carefully cultivated aura of strength. (CNN) (AC-Definitely an interpretive article, one designed to influence populations at a key moment in time and a skilled application of 5GW made stronger by the truths put forth.)
2. NATO allies agree to higher 5% defense spending target: The agreement outlines 3.5% of GDP for core defense like troops and weapons, and 1.5% for broader security investments including infrastructure. Trump shared a private message from NATO Secretary-General Mark Rutte in which Rutte praised Trump for accomplishing a feat that no U.S. president had managed in many years. While most allies support the spending increase, Spain rejected the 5% target, pledging only 2.1%. (GroundNews)
3. Explosions Rock Russian Drone Plant in Taganrog – Ukraine Claims Direct Strike: Ukrainian officials said an explosion struck the Atlant-Aero plant, describing it as a vital hub of Russia’s military-industrial complex. “This plant produces critical components for combat drones, including Orion drones, as well as electronic warfare systems and digital control technologies for FPV strike drones and loitering munitions,” Kovalenko stated. (KyivPost)
-US Events-
1. US military expected to announce two new zones where service members can detain migrants on southern border: The Texas National Defense Area covers about 250 miles of the Rio Grande near Joint Base San Antonio, while the Arizona zone spans over 100 miles near Marine Corps Air Station Yuma. Approximately 11,900 troops are deployed on the border, but only four detentions under these zones have been reported so far. Critics say the zones sidestep the Posse Comitatus Act by enabling military detention without invoking the Insurrection Act. (GoundNews) (AC-'Dangerous ground'- in more ways than one.)
2. Hollywood Celebrities Rejoice for Socialist Democrat Leader Zohran Mamdani’s NYC Primary Victory: ‘A New Hope’: Hollywood celebrities are taking a victory lap after Democratic Socialist Zohran Mamdani declared victory Tuesday night in New York City’s Democratic mayoral primary race. Indeed, the 33 year-old socialist may have an uphill battle to when in November’s general election. (Breitbart)
3. RFK Jr's vaccine panel to review long-approved jabs for children: The seven members of the Advisory Committee on Immunization Practices (Acip) met for the first time on Wednesday, weeks after Kennedy ousted all 17 of their predecessors. (BBC)
-Regulatory and Legal-
1. Crypto Tax Crackdown Looms as IRS Warning Letters Surge: The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a broader enforcement initiative, especially with new 1099-DA regulations set to take effect next year. (BitcoinCom)
2. US Housing Chief Orders Fannie Mae, Freddie Mac to Prepare for Crypto Assessment in Mortgages: The directive, announced on X by FHFA Director William Pulte, marks the first major move to incorporate digital assets into the federal mortgage system. Fannie Mae and Freddie Mac are now tasked with determining how crypto can be treated as a qualifying asset. Others criticized a stipulation requiring crypto assets to be held on centralized exchanges, not self-custody wallets. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. India’s Ruling Party Spokesperson Suggests Bitcoin Reserve as US FOMO Sparks BTC Race: "India stands at a pivotal juncture. A measured Bitcoin strategy—perhaps a reserve pilot—could strengthen economic resilience and project modernity. As the US advances and nations like Bhutan adapt, India has a unique opportunity to lead", BJP voice Pradeep Bhandari said this week. (CoinGape)
-Institutional Concerns-
1. Bitcoin Treasury Companies Strategically Use Jurisdictional Laws, Tax Regimes for Capital Optimization: Bitcoin treasury companies like Metaplanet in Japan, The Blockchain Group in France, H100 Group in Sweden, The Smarter Web Company in the UK, Strategy in the US, LQWD Technologies in Canada, and Méliuz in Brazil strategically utilize different jurisdictions' laws and tax regimes to structure their balance sheets around Bitcoin. Each country offers unique advantages for capital raising and growth through Bitcoin. (Decrypt)
2. Bitcoin ETFs' 12-day net inflow streak nears $4 billion | 37,296 BTC as BTC gains amid dollar slump. (TheBlock)
-Economic Indicators-
1. Trump Eyes Powell's Successor as Fed Chair Term Ends Next Year: President Donald Trump said on Wednesday that he has “three or four” candidates in mind to potentially replace Federal Reserve Chair Jerome Powell, whose term ends on May 15, 2026. Though he did not confirm interviews, Trump refrained from naming specific candidates. However, reports identify Kevin Warsh, Kevin Hassett, Christopher Waller, and Scott Bessent as leading contenders. (TradingEconomics)
-Security Concerns-
NSTR
-Technology and Science-
1. Meta wins AI copyright lawsuit as US judge rules against authors: Mark Zuckerberg’s Meta has won the backing of a judge in a copyright lawsuit brought by a group of authors, in the second legal victory for the US artificial intelligence industry this week. The US district judge Vince Chhabria, in San Francisco, said in his decision on the Meta case that the authors had not presented enough evidence that the technology company’s AI would dilute the market for their work to show that its conduct was illegal under US copyright law. (TheGuardian)
-Bitcoin Community-
1. Bitcoin Miner Bit Digital Is Pivoting to Ethereum Staking: Bit Digital is transitioning to focus solely on Ethereum, with plans to convert its remaining Bitcoin holdings into ETH. To fund this shift, the company is selling off its Bitcoin mining operations and reinvesting the proceeds in Ethereum. (Decrypt) (AC- An interesting shift, one that should raise curiosity.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 74/100 (Up 7 pts)
Analyst Comments (AC): Regulations that stipulates that crypto (or Bitcoin) must be held on a third party exchange to be used for mortgages, for example, are following the centralization pattern of economic power. With the US Housing Authority taking this route, it will have a big impact on the understanding of individual sovereignty with respect to Bitcoin, again leading US citizens down a path of delegated decision-making and less individual freedoms (and responsibility). The result will again be less held wealth by a decentralized population.
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