BTC Daily Intelligence Bulletin (DIB)
Block: 903.656
DTG/ICOD: 1200Z 02JUl2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Iran Quits UN's IAEA / Possible Ceasefire in Gaza / US Munitions Headed to Ukraine Held Up / Big Beautiful Bill Passes Senate, No Bitcoin Amendments In It / Musk and Trump At It Again / AZ Gov. Hobbs Vetoes Another Crypto Bill / Gold, Silver Now Legal Tender in Texas / Lots of Businesses Now Have Bitcoin Treasuries / How Does Bitcoin OTC Purchases Affect Price? / Don't Click on Those PDFs in Your Email / Amazon's Robots Now Outnumber Humans / Wallet of Satoshi Back in the US / $500 Investment in 2012 Results in $10M (100BTC=100BTC)
Market Data: Price: 1 BTC= $107,381, 32.15 oz Gold, .25 Median US House
24hr Hi: $107,877 / Lo: $105,157
Volume: $48B (Up 10%)
Mkt Cap: $2.13T (Up 1%)
HashRate: 871 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 50%)
---Reports---
-International Events-
1. Iran Suspends Cooperation With UN Nuclear Watchdog: Iran on Wednesday formally suspended its cooperation with the UN nuclear watchdog, a measure drawn up in the wake of unprecedented Israeli and US strikes on the Islamic republic's nuclear sites. Tehran has lambasted the UN agency for a resolution adopted on June 12 that accuses Iran of non-compliance with its nuclear obligations. Iranian officials said the resolution was among the "excuses" for the Israeli attacks. (IBTimes)
2. Trump says Israel has agreed to conditions for 60-day Gaza ceasefire: In a post on Truth Social, Trump said that during the proposed ceasefire the US would "work with all parties to end the War". He did not provide details on what the ceasefire would entail. "The Qataris and Egyptians, who have worked very hard to help bring Peace, will deliver this final proposal. I hope... that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE," Trump wrote. (BBC)
3. US pauses some munitions shipments to Ukraine: The Trump administration is pausing some weapons shipments to Ukraine, including air defense missiles, following a review of military spending and American support to foreign countries. (CNN)
-US Events-
1. Vance casts tiebreaking vote after Republicans betray Trump's 'big, beautiful bill': After a record-breaking 27-hour voting marathon, the Senate narrowly passed Trump's "big, beautiful bill" in a 51-50 vote. Vice President JD Vance cast the tiebreaking vote after three Senate Republicans — Susan Collins of Maine, Thom Tillis of North Carolina, and Rand Paul of Kentucky — voted against the legislation. (TheBlaze)
2. Tesla stock price sinks as Musk and Trump feud over spending bill: he Tesla founder and CEO wrote on X that the bill would "destroy millions of jobs in America." He also suggested on Monday that, should the bill pass, he would form a new political party and support primary challenges against any Republicans who voted in favor of the legislation. President Trump clapped back early Tuesday, noting the enormous federal subsidies Musk's various companies receive from the government and suggesting that DOGE — which Musk led before stepping down late May — look into any spending flowing into Musk's empire. (CBS) (AC-Still feels manufactured.)
-Regulatory and Legal-
1. Arizona Governor Hobbs Vetoes Digital Asset Reserve Bill, Stalling State Crypto Agenda: HB 2324 sought to fund a state crypto reserve using assets seized in criminal cases. Gov. Katie Hobbs warned removing seized coins from local agencies could hinder joint investigations. (Blockonomi) (AC- Her 3rd veto against crypto and bitcoin. Obviously not a fan of it.)
2. Texas makes gold, silver legal tender following governor’s approval: Governor Greg Abbott signed a bill into law allowing Texas residents to use precious metals for “day-to-day financial transactions” starting in May 2027. (CoinTelegraph)
3. Bitcoin Tax Exemptions Don't Make It Into Trump's 'Big Beautiful Bill': The U.S. Senate narrowly passed President Donald Trump’s reconciliation bill without key tax amendments benefiting crypto users. Despite efforts by pro-crypto senators and industry leaders, the amendments were not included due to time constraints. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. 250 businesses are holding BTC on their balance sheets: Some 26 companies added the asset to their balance sheet, bringing the total number of companies with Bitcoin in their treasuries up to 250. (CoinTelegraph) (AC-No other grounding facts are in the article's assertions, but cursory news searches confirm increased BTC treasuries over the last 6 months.)
2. Why On-Chain Metrics Miss the Full Picture of Institutional Bitcoin Buying: U.S. spot Bitcoin ETFs saw nearly $4 billion | 37,111 BTC in inflows during the month, despite muted on-chain activity. Such transactions are structured to avoid public visibility, either taking place off-chain or ending up in wallets that don't move much. (Decrypt) (AC-The OTC market, mostly via Coinbase, is where all this action takes place, creating a type of bifurcated market for BTC. Unlike the silver market, this dual market will still be closely price correlated due to BTC's finite supply, but may diverge in the short term. The threat to true price discovery would come if Coinbase didn't maintain 1:1 custodies (rehypothecation).
-Economic Indicators-
1. US Mortgage Rates Lowest in Nearly 3 Months: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances in the US fell by 9bps to 6.79% in the week ended June 27th. (TradingEconomics)
-Security Concerns-
1. Hackers Using PDFs to Impersonate Microsoft, DocuSign, and More in Callback Phishing Campaigns: "A significant portion of email threats with PDF payloads persuade victims to call adversary-controlled phone numbers, displaying another popular social engineering technique known as Telephone-Oriented Attack Delivery (TOAD), also known as callback phishing," n analysis of phishing emails with PDF attachments between May 5 and June 5, 2025, has revealed Microsoft and Docusign to be the most impersonated brands. NortonLifeLock, PayPal, and Geek Squad are among the most impersonated brands in TOAD emails with PDF attachments. (TechTimes) (AC-A simple look through your junk email filters will reveal a number of these phishing attempts. Don't fall for it.)
-Technology and Science-
1. Amazon's Robots Are About to Outnumber Its 1.1 Million Warehouse Workers: The Seattle giant recently said that more than one million robots now operate in its worldwide fulfillment center network, moving ever closer to eclipsing its 1.1 million human warehousing workers. Amazon's robots perform backbreaking work like lifting, sorting, and stowing—tasks that are physically demanding and can be repetitive or risky for human labor. The machines, in Amazon's view, are meant to augment the workforce and not displace it. (TechTimes)
-Bitcoin Community-
1. Wallet of Satoshi Launches Self-Custodial Lightning Wallet on Spark, Returns to the US Market: After leaving the U.S. market in 2023, Wallet of Satoshi aims to re-enter the market with this new self-custodial feature, which seeks to overcome previous limitations related to liquidity and channel management, providing a seamless experience for users. The private beta version is now available, inviting interested users to participate in the testing phase. (BitcoinCom)
2. Bitcoin holder unlocks $10 million | 93.07 BTC from rare Casascius bar bought for $500 | 465,367 sats: A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC. The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top crypto crossed the $100,000 mark, unlocking a fortune now worth over $10 million. In effect, he saw a return of nearly 2,000,000% on his modest 2012 investment. (CryptoSlate)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 63/100 (Down 1 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
BTC Daily Intelligence Bulletin (DIB)
Block: 904,444
DTG/ICOD: 1200Z 07JUl2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Trump Meets Netanyahu for Gaza Peace Talks / BRICs Affiliated Countries May See Higher Tariffs / IDF Hits Houthi Targets / Japan May Give Philippines Warship / Texas Floods Result in Over 80 Deaths / Musk to Form New Political Party / FBI Memo Says Epstein List Didn't Exist, May be Fake / Sen Lummis Intros $300 Crypto Tax Exemption / US Employment Up / Canadian Woman Lost $1.3M in Bitcoin in Sim Swap / Whale Moves 80K BTC / Bitcoin Core Dev Arrested, Released in El Salvador / Jack Dorsey Releases Bluetooth "BitChat" App
Market Data: Price: 1 BTC= $108,671, 32.90 oz Gold, .25 Median US House
24hr Hi: $109,731 / Lo: $108,076
Volume: 40B (Up 32%)
Mkt Cap: $2.16T (Even)
HashRate: 882 EH/s
Avg Fee Rate: 2 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Trump hosts Netanyahu, eyes Israel-Hamas deal 'this week': Israeli Prime Minister Benjamin Netanyahu will meet US President Donald Trump on Monday after Trump voiced hope for a Gaza hostage deal "this week." Indirect Israel-Hamas talks resumed Sunday in Doha, seeking a ceasefire and hostage-prisoner swap.
2.Trump Says BRICS-Aligned Countries to Face Additional 10% Tariffs: Trump's announcement followed the BRICS annual summit in Rio de Janeiro, Brazil, where leaders condemned rising tariffs and trade restrictions as inconsistent with WTO rules. (GroundNews)
3. Israel carries out strikes on Houthi-controlled power station, ports across Yemen: The Israel Defense Forces confirmed early Monday morning that airstrikes carried out by some 20 fighter jets targeted multiple Houthi targets in Yemen, including the ports of Hodeidah, Ras Isa and Salif, and the Ras Khatib power station. (TimesOfIsrael)
4. Japan eyes used warship transfer to Philippines in bid to counter China: Japan is looking to transfer secondhand Maritime Self-Defense Force Abukuma-class destroyer escorts to the Philippines, in what would mark Tokyo’s first export of an entire major naval platform in decades. (JapanTimes)
-US Events-
1. Texas braces for more rain as death toll mounts to at least 82 with dozens missing: Rescuers are still searching for at least 41 missing people, according to state and local officials. Among them are 10 girls and one counselor from Camp Mystic, an all-girls summer camp along the Guadalupe River that rose more than 20 feet in less than two hours during the peak of the flooding early on the Fourth of July. (CNN)
2. Musk says he is forming new political party after fallout with Trump: Musk’s criticism of the BB bill was the catalyst for a major falling out between the two men last month. “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk said on his social media platform, X. “Today, the America Party is formed to give you back your freedom.” (CNN) (AC-Musk also tweeted that the new party would embrace bitcoin.)
3. FBI Concludes Jeffrey Epstein Had No Clients, Didn't Blackmail Anyone, And Definitely Killed Himself: Deceased financier Jeffrey Epstein and his colleague, Ghislaine Maxwell, were both charged by the Justice Department with sex trafficking—and Maxwell was convicted. But according to the DOJ, the two apparently didn’t have any clients. “This systematic review revealed no incriminating ‘client list.’ There was also no credible evidence found that Epstein blackmailed prominent individuals as part of his actions. (ZeroHedge) (AC-Initial reports show this memo may in fact be fake.)
-Regulatory and Legal-
1. Senator Lummis Introduces Digital Asset Tax Legislation: The bill proposes a $300 exemption for small Bitcoin and crypto transactions, defers taxes on mining and staking until assets are sold. (BitcoinMag) (AC-Obviously too small to make much of a difference to holders.)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
NSTR
-Economic Indicators-
1. US 10-Year Yield Steady as Tariff Deadline Moved: The yield on the US 10-year Treasury note held near 4.33% on Monday, as markets digested President Donald Trump’s confirmation that sweeping reciprocal tariffs will take effect on August 1. (TradingEconomics)
2. US Nonfarm Payrolls Beat Forecasts: US nonfarm payrolls rose by 147K in June 2025, following an upwardly revised 144K in May and well above forecasts of 110K. The reading was also in line with the average monthly gain of 146K over the prior 12 months. (TradingEconomics)
-Security Concerns-
1. Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam: Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.57969337 bitcoins, now valued at approximately $1,359,246, to a sophisticated SIM-swapping scam. Her lawsuit, filed against telecom company Rogers Communications and Match Transact Inc., attributes the devastating loss to a security lapse by a cellphone store employee. The hacker, now in control of her digital identity, swiftly gained access to her cryptocurrency wallets on Ledger and Shakepay, ultimately pilfering all the bitcoins. (BitcoinCom)
-Technology and Science-
1.Twitter Co-founder Jack Dorsey Enters the Decentralized Chat Race With BitChat Bluetooth Mesh App: BitChat enables encrypted chats over Bluetooth with no SIM, servers, or internet. Messages are relayed through up to 7 nearby devices using a decentralized mesh network and the app supports iOS/macOS with AES-256 encryption and anonymous session keys. BitChat offers offline group chats, dummy messages, and emergency data wipes.(Blockonomi)
-Bitcoin Community-
1. Bitcoin Core Developer Arrested in El Salvador For Allegedly Calling Neighbor ‘Stupid’: The developer Jon Atack says he has now been released but was allegedly detained and faced up to eight years in prison after his Salvadoran neighbor accused him of calling her “stupid” during a dispute over a piece of land. (BitcoinCom)
2. Bitcoin Whale Moves 80,000 BTC in Address Upgrade, Not Sell-Off, Analysts Say: Bitcoin markets briefly reacted after a massive 80,000 BTC transfer sparked speculation across the crypto community. However, blockchain analysts say the move likely reflects a wallet upgrade, not a sell-off. The transactions, worth over $8 billion, originated from legacy addresses and now sit in modern formats. (Blockonomi) (AC-Not a small stack)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Even)
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
BTC Daily Intelligence Bulletin (DIB)
Block: 903,824
DTG/ICOD: 1200Z 03JUl2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US Agreement Sources Rare Minerals / Columbia's New Narco Sub Was Unmanned, Used Starlink / House To Vote On Spending Bill / Judge Blocks Trump Order Blocking Asylum Claims / July 4th Celebrations Canceled in LA / Stablecoins Vs. Bitcoin / IMF Says No to Pakistan Bitcoin Plan / $14B Gain For MSTR Last Quarter / Genius Group Teaches AI, HODLs BTC / US M2 Supply Up, USD Index Down / Wrench Attacker Had Finger Bit Off / 40 Firefox Add-Ons Steal Your Crypto / New AI Model Mimics Human Mind / Hal Finney Foretold Bitcoin Banks
Market Data: Price: 1 BTC= $109,577, 32.74 oz Gold, .25 Median US House
24hr Hi: $110,293 / Lo: $107,225
Volume: 56B (Up 18%)
Mkt Cap: $2.18T (Up 2%)
HashRate: 866 EH/s
Avg Fee Rate: 1 sats/vBtye (Even)
---Reports---
-International Events-
1. ‘Quad’ nations announce critical minerals initiative amid China concerns: Top diplomats from “the Quad” nations of Australia, India, Japan and the United States have agreed to work more closely to secure supply chains for critical minerals, including rare earths — a sector dominated by China — in a bid to cut back their reliance on Beijing. (JapanTimes)
2. Colombia seizes first unmanned narco-submarine with Starlink antenna: The Colombian navy on Wednesday seized its first unmanned narco-submarine, equipped with a Starlink antenna, off the Caribbean coast. No drugs were found, but officials and regional security sources suspect it was a trial run for automated cocaine trafficking, navy and Western sources told AFP. (France24)
-US Events-
1. House nearing final vote on Trump's "big, beautiful bill": The House voted 219-213 overnight Wednesday, after hours of delay, to advance President Trump's "big, beautiful bill" for debate before a final vote. GOP leaders had to overcome pushback over changes the Senate made to the legislation.(CBS)
2. Judge Blocks Trump's Order Barring Illegal Border Crossers From Claiming Asylum: A federal judge on July 2 ruled against a Trump administration directive that blocked foreign nationals who cross the U.S.–Mexico border illegally from seeking asylum. The president cannot “adopt an alternative immigration system, which supplants the statutes that Congress has enacted,” Judge Moss wrote in the order. (EpochTimes)
3. Some 4th of July Celebrations Canceled in L.A. Area; Anti-ICE Protests Continue: Celebrating the Fourth of July is proving too dangerous for municipalities in the Los Angeles area, prompting them to cancel planned celebrations due to concerns about enforcement actions by U.S. Customs and Immigration Enforcement (ICE) agents. (Breitbart)
-Regulatory and Legal-
1. Bitcoin vs stablecoins showdown looms as GENIUS Act nears: There’s been an unprecedented tailwind in Washington DC this year for stablecoins. From the embrace of the assets by politicians and the industry to the GENIUS stablecoin legislation passing the Senate, 2025 marks an important turning point. Stablecoins and Bitcoin would seem to have two irreconcilable aims — the former supports the existing fiat based financial system and the latter wants to overthrow it. “Stablecoins also play a key role in expanding Bitcoin adoption,” said Lawant. “For many users, stablecoins’ lack of fiat price volatility makes them a more familiar on-ramp to digital wallet infrastructure and maybe even to blockchain-based finance. This can eventually lead them to explore Bitcoin.” (CoinTelegraph) (AC-There are several scenarios when looking at stablecoins and Bitcoin, yet the most likely one is a transitionary period where stablecoins become used more often and Bitcoin is seen as the best store of value. This might continue until deterministic fiat crisis' result in loss of trust and Bitcoin, coupled with better P2P technologies, becomes the dominant world currency.)
2. IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining: The International Monetary Fund has said no to Pakistan's proposal to offer subsidised electricity tariffs to crypto mining operations, dealing a blow to the country's ambitious plans to become a regional crypto hub just two months after it announced a strategic Bitcoin reserve. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Strategy Set to Book $14B Gain as Saylor’s Bet Shakes Wall Street: Michael Saylor’s Strategy is set to deliver a staggering $14 billion | 127,606 BTC unrealized profit in Q2, propelled by bitcoin’s surge and a pivotal accounting change that could cement his company’s place alongside Wall Street powerhouses like JPMorgan and Amazon. (BitcoinCom)
2. AI Education Firm Genius Group Boosts Bitcoin Treasury Stash: Genius Group Limited, a Singapore-based AI-powered education firm, has doubled its bitcoin reserves since a US court lifted an injunction on Bitcoin acquisitions. The company aims to acquire 1,000 BTC within six months to further its mission of educating learners on AI, digital finance, and community values. (Decrypt) (AC-Interesting mix of business)
-Economic Indicators-
1. Weakening dollar and M2 influx set stage for possible Bitcoin surge in H2: M2, a key measure that includes cash, checking accounts, savings, and money market deposits, hit $21.94 trillion by the end of May. Year over year, M2 has grown by 4.5%. Meanwhile, the sharp rise in liquidity comes at a time of historic weakness for the US dollar. The Kobeissi Letter notes that the Dollar Index dropped by 10.8% during the first half of 2025. (CryptoSlate) (AC-'Nothing stops this train.'
-Security Concerns-
1. Crypto Billionaire Bit Off Attacker’s Finger in Attempted Kidnapping: In court last week, billionaire crypto investor and entrepreneur Tim Heath shared his experience of being attacked in a failed kidnapping attempt last year. Ambushed outside his apartment last year by individuals posing as painters, Heath bit off part of his assailant's finger in the attempted kidnapping.
Attackers tracked his movements using GPS, fake passports, and burner phones. Heath has invested €2.7 million in personal security following the violent incident. (Decrypt)
2. Over 40 fake Firefox add-ons impersonating major crypto wallets linked to active credential theft campaign: The fake extensions impersonated legitimate tools from major crypto services such as Coinbase and MetaMask. After users install these counterfeit extensions, they would secretly collect sensitive wallet information, potentially exposing victims' crypto assets to theft. (TheBlock) (AC-Never input your keys into anything other than your cold wallet.)
-Technology and Science-
1. Scientists Use A.I. to Mimic the Mind, Warts and All: To better understand human cognition, scientists trained a large language model on 10 million psychology experiment questions. It now answers questions much like we do. All told, 160 experiments were chosen for LLaMA to train on, including over 10 million responses from more than 60,000 volunteers. We essentially taught it to mimic the choices that were made by the human participants,” Dr. Binz said. (NYTimes)
-Bitcoin Community-
1. Hal Finney’s 2010 “Bitcoin Backed Banks” Prediction Is Coming True Now: Hal Finney, the famous cryptographer and the first ever recipient of a Bitcoin transaction, foresaw a prominent future for BTC. In 2010, he envisioned the development of Bitcoin-backed banks and the status of BTC beyond a mere asset. Now, after fifteen years, that prediction is taking shape in 2025. Erebor, a proposed US-backed Bitcoin bank, and many other BTC reserve-driven fintech platforms are in formation. (CoinGape)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 10 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: