BTC Daily Intelligence Bulletin (DIB) Block: 830,287 DTG/ICOD: 0800EST 13Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Senate Pass Foreign Arms Funding Bill, on to House / Church Shooter Formerly Man / BTC ETFs Hold $10B in AUM / BTC Adoption Growing in LATAM Market Data: Price: 1 BTC= $49,854 USD, 24.59 oz Gold, .12 Median US House 24hr Hi: $50,358 / Lo: $47,897 Vol: $39B (Up 94%) Mkt Cap: $979B (Up 4%) HashRate: 538 EH/s Avg Fees: 13,435 sats/tx (Down 7%) Nodes: 18,420 ---Reports--- -International Events- 1. Venezuela Issues Threatening Demand for Guyana to Stop ExxonMobil from Drilling in Its Waters: Venezuela’s socialist regime once again threatened neighboring Guyana on Sunday if American oil company ExxonMobil executed its plan to drill oil in the waters near the Essequibo contested territory. (Breitbart) (AC-Venezuela has recently (re)claimed the Essequibo area as it's own, though this is 2/3 of the land mass of Guyana. This situation has the hallmarks of a major territorial dispute and indications of military conflict.) 2. Australia to ban doxxing after pro-Palestinian activists publish personal info of hundreds of Jewish people:Attorney-General Mark Dreyfus, who is Jewish, said the proposed laws would involve issuing take-down notices to social media platforms and imposing fines. Pro-Palestinian activists distributed a nearly 900-page transcript leaked from a private WhatsApp group created last year by Jewish writers, artists, musicians and academics, Nine Entertainment reported. (Fox) -US Events- 1. Senate passes $95 billion Ukraine, Israel aid package amid GOP divide: The bill passed 70 to 29, after 22 Republicans joined Democrats in approving the aid. But House Speaker Mike Johnson (R-La.) preemptively rejected the legislation on Monday night saying in a statement that the package’s failure to address U.S. border security makes it a nonstarter in the House. (WaPo) 2. Female Church Shooter Formerly Identified as ‘Jeffery’: The 'female' shooter who attacked Joel Osteen’s Lakewood Church has been identified as 36-year-old Genesse Moreno, who KHOU 11 noted “previously identified as Jeffery Escalante.” Someone — presumably Moreno — had also written “Free Palestine” on the gun she used in the attack, according to ABC News. (Breitbart) (AC-MSM is not reporting the details of this shooting even as police release the information. According to FBI statistics only 4 of 147 'mass shootings' in 2023 were committed by women, without regard to transgender identities. According to arrest data, Jeffery was born in El Salvador and not entered into any immigration database.) -Regulatory and Legal- 1. US law enforcement accounted for nearly 30% of data requests in 2023, Kraken says: Kraken revealed in a blog post on Monday it had received a total of 4,923 data requests in 2023, with the U.S. issuing the highest number at 1,393, consistent with figures from 2022. Among U.S. agencies, the Federal Bureau of Investigation (FBI) emerged as the most active, accounting for over 33% of all requests. Coinbase, another major cryptocurrency exchange, reported receiving a total of 13,079 requests from law enforcement agencies between October 2022 and September 2023, marking a 6% increase from the previous year. However, Coinbase emphasized that its reported figures do not necessarily correspond to the number of requests fulfilled. (CryptoNews) -Institutional Concerns- 1. Bitcoin ETFs Have Hit the $10 Billion Milestone: These numbers came after the first 20 trading sessions and one month after their approval. BlackRock’s iShares Bitcoin Trust leads the way with $4 billion, followed closely by Fidelity’s Wise Origin Bitcoin Fund at $3.4 billion. ARK 21Shares Bitcoin ETF recently crossed the $1 billion threshold. (CoinMarketCap) 2. Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters: Founders Fund started to purchase bitcoin when it was below $30,000 and acquired more BTC and ETH in the subsequent months. Founders Fund had previously sold most of its crypto holdings for $1.8 billion in March 2022, just before crypto winter began, the Financial Times reported last year. Founders Fund made a previous investment in bitcoin to the tune of $15 to $20 million during the 2017-2018 bull market. (CoinDesk) -Central Bank Digital Currencies (CBDC)- NSTR -Economic Indicators- 1. US CPI data is due today. -Technological Updates-' 1. Businesses Embrace Cloud-Based Generative AI for Strategic Advantages: Cloud-based genAI revolutionizes customer interactions, offering personalized communication at scale. Recommendation systems powered by genAI drive sales and enhance user engagement through targeted recommendations. Ethical considerations are paramount in the strategic implementation of genAI, requiring transparency and accountability. (Cryptopolitan) -Security Incidents and Concerns- NSTR -Bitcoin Community- 1. Less than 10,000 blocks to the next Bitcoin halving: Why Grayscale says this one’s different: According to the firm, the recent introduction of Bitcoin Exchange-Traded Funds (ETFs) presents a stable demand outlet that could counteract the downward pressure from mining issuance.“While [BTC] has long been heralded as digital gold, recent developments suggest that [it] is evolving into something even more significant,” Grayscale concluded. (CryptoSlate) 2. Growing Adoption: Bitcoin Accounts For 53% Of Latin American Wallets: The recently published ‘Crypto Landscape in Latin America: Report 2H 2023’ by Bitso analyzed the trends in the crypto market of some of the Latin American countries with the highest crypto adoption, including Colombia, Argentina, Brazil, and Mexico. Notably, the youth took the lead in Latin America, with approximately 63% of users being younger than 34 years old. (Bitcoinist) 3. These Bitcoin Mining Stocks Hit Their Stride Ahead of 2024 Halving: Marathon Digital mined a record 1,853 BTC in December 2023, boosting its year-end Bitcoin holdings to 15,174. Riot's 2024 saw a volatile start, rebounding to $16 from a low below $10, despite rising operational costs impacting profitability. CleanSpark's aggressive expansion adds new mining facilities, doubling capacity amid increasing US scrutiny on Bitcoin mining. (BeInCrypto) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 79/100 (Up 9 pts) Analyst Comments (AC): As the market cap of Bitcoin approaches the 1 Trillion dollar mark, the institutional interest in BTC is driving demand and familiarity with BTC much higher. Populations in need of a savings vehicle and peer-to-peer exchange are adopting at a higher rate than is more stable countries. Bitcoin seems to be fullfilling the needs of different populations but the big money, via institutions, are starting to pile in which will drive the deflationary nature of BTC. It will be very interesting to see how those using BTC as P2P will benefit comparatively to those who do not. Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB) Block: 830,138 DTG/ICOD: 0800EST 12Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel Rescues 2 Hostages, Find Servers Under UNRWA / US SECDEF in Hospital, Transfers Power / BTC is Worlds 10th Largest Asset Now / Satoshi Trending on X Market Data: Price: 1 BTC= $48,031 USD, 23.68 oz Gold, .11 Median US House 24hr Hi: $48,798 / Lo: $47,745 Vol: $20B (Up 6%) Mkt Cap: $949B (Up .6%) HashRate: 713 EH/s Avg Fees: 14,283 sats/tx (Down 8%) Nodes: 17,814 ---Reports--- -International Events- 1. Israel Rescues Two Hostages Held by Hamas in Gaza: Raid and airstrikes, which health authorities in Gaza say killed 37 people, come as Israel prepares for larger operation in Rafah. Israel rescued two hostages held in Gaza in an overnight raid, as the military prepares for a larger operation to enter what it says is the last bastion for Hamas, where more than one million Palestinians are sheltering. (WSJ) 2. Tunnel complex with rows of computer servers discovered under UN aid agency HQ in Gaza, reports say: In a post on X the IDF said its soldiers had found the entrance to a tunnel near a school run by the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). It claims that this was connected to a tunnel underneath the agency's main HQ in Gaza City, where its forces came across "electrical infrastructure" with rows of computer servers that it said were using power from the UNRWA's building. (BizInsider) -US Events- 1. Defense Secretary Austin hospitalized with bladder issue, transfers powers to his deputy: At about 2:20 p.m. Sunday, he was transported by his security detail to Walter Reed National Military Medical Center “to be seen for symptoms suggesting an emergent bladder issue,” Pentagon staffers said. While Austin initially intended to retain the “functions and duties of his office,” at about 5 p.m. Sunday he transferred those authorities to Deputy Secretary of Defense Kathleen Hicks. As of Sunday evening, he remained hospitalized. (AP) 2. Shooting at Joel Osteen’s megachurch in Texas during Sunday services: A woman’s motive for opening fire in Joel Osteen’s megachurch was unclear Monday, a day after the shooting sent worshippers rushing for safety in between busy services. Police say two off-duty officers working security at Lakewood Church, one of the largest megachurches in the U.S., shot and killed the suspect. Two other people were also shot and wounded, including a 5-year-old boy who entered the church with the shooter and was taken to a hospital in critical condition. (AP) 3. Biden Sports 'Laser Eyes' Following Super Bowl, Fans Connect It To Bitcoin: Biden posted a photo on his personal accout on X adorned with a laser eye with the caption, "Just like we drew it up." Although the laser-eye profile image seems to be an extension of the “Dark Brandon” meme—a representation of Biden's online persona celebrated by his supporters—it’s interpreted by many in the cryptocurrency space as a nod to Bitcoin. (Bezinga) -Regulatory and Legal- NSTR -Institutional Concerns- 1. Bitcoin Soars To 10th Largest Asset Globally, Leaving Berkshire Hathaway And JPMorgan Behind: Bitcoin has secured its position as the 10th largest asset in the world, surpassing stalwarts such as Berkshire Hathaway, Tesla, and JPMorgan. (Bitcoinist) -Central Bank Digital Currencies (CBDC)- 1. Philippines may introduce non-blockchain CBDC in the next two years: The Central Bank Governor explained the details behind the BSP’s plan to develop a CBDC. The central bank will not use blockchain technology in the project, according to its head: Instead, the CBDC will operate on a payment and settlement system owned by the central bank. The BSP will focus on a wholesale CBDC, which will be mediated by banks. (CoinTelegraph) -Economic Indicators- NSTR -Technological Updates-' 1. From Missouri to Texas: Southern US Becomes Bitcoin Mining Hotspot: Missouri's new bill aims to equalize power rates and location access for Bitcoin miners to foster industry growth. State Rep. Christofanelli proposes protections for Bitcoin mining against restrictive local noise ordinances. CleanSpark expands with new Bitcoin mining sites in Mississippi while Riot makes progress on new $333M Texas facility. (BeInCrypto) -Security Incidents and Concerns- 1. UN Investigating Crypto Attacks by North Korea Hacking Groups Totalling $3B: This investigation, overseen by an independent UN sanction committee, delves into 58 cyberattacks targeting crypto-related companies between 2017 and 2023. The stolen funds, estimated at $3 billion, reportedly play a crucial role in financing North Korea's WMD development, raising international concerns about their nuclear and missile programs. (Yahoo) -Bitcoin Community- 1. Here’s Why Satoshi is Trending Today: At yesterday’s Super Bowl, the Founder and former CEO of X, Jack Dorsey, was spotted wearing a Satoshi t-shirt. He also wore the same t-shirt in the last year’s game on 12 Feb 2023. (CoinGape/X) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 2 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB) Block: 829,668 DTG/ICOD: 0800EST 09Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Putin Gives Lessons on History, Geopolitics / Biden Mishandled Docs Due to Mental Condition, Panel says / Treasury Includes Digital Assets in AML Report / Market Data: Price: 1 BTC= $47,370 USD, 23.33 oz Gold, .11 Median US House 24hr Hi: $47,539 / Lo: $44,909 Vol: $32B (Up 32%) Mkt Cap: $929B (Up 6%) HashRate: 544 EH/s Avg Fees: 16,486 sats/tx (Up 1%) Nodes: 18,330 ---Reports--- -International Events- 1. Following Tucker Carlson's Interview with Vladimir Putin, world headlines have revealed differing takes on the dialogue: "Putin tells Carlson War can be over in weeks if US stops supplying Ukraine" -Politico "Hillary Clinton Calls Carlson 'Useful Idiot' for Interviewing Putin" -USA Today "Carlson could face Sanctions for Putin Interview" -Newsweek "Putin Praises Elon Musk, 'A Smart Guy'" -The Hill "We have no interest in invading Poland or Latvia" -Jerusalem Post and India Times 2. Pakistan Election Result 2024 Live: Nawaz Sharif's party says he is set to deliver 'victory speech': Independent candidates backed by jailed Imran Khan's PTI claim to ‘win’ the general elections amid ‘delay’ in results. (Hindustan Times) 3. Hezbollah fires 30 rockets at Israel in retaliation for reported hit on top officer No injuries reported in barrage on northern Israel amid day of heightened tensions on border, after drone strike in southern Lebanon said to target two terror operatives (Times of Israel) -US Events- 1. 'My memory is fine' - Biden hits back at special counsel: US President Joe Biden has hit back angrily at an investigation that found he mishandled top secret files and struggled to recall key life events.The scathing 345-page report, released earlier in the day, said the president's memory had "significant limitations". Even as Mr Biden sought to rebut reporters' questions about his age and mental acuity, he inadvertently referred to Egyptian leader Abdul Fattah al-Sisi as the "President of Mexico". (BBC) -Regulatory and Legal- 1. US Treasury Cites Rising Cryptocurrency Misuse in 2024 National Risk Assessments: The U.S. Department of the Treasury announced in a press release that it has issued its 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing. The three reports identify key illicit finance threats, vulnerabilities, and risks, including a focus on the misuse of cryptocurrencies. (Bitcoincom) (AC-This report will certainly be used for supporting anti-digital asset laws. Here is the link to it: https://bit.ly/42w5KXb 2. Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill: The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. (Bitcoincom) -Institutional Concerns- 1. Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy: The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of the cryptocurrency. (CoinDesk) -Central Bank Digital Currencies (CBDC)- 1. US Can Thwart the CBDC Onslaught: According to the Atlantic Council, 130 countries (which account for 98 percent of the world’s economic output) are currently in various stages of developing CBDCs. The US is far behind other nations due to political infighting and anti-CBDC attitudes among the US population. (AIER) -Economic Indicators- 1. Stocks, Bonds Steady Ahead of US CPI Revision Data Today (Bloomberg) -Technological Updates- NSTR -Security Incidents and Concerns- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 72/100 (Up 6 pts) Analyst Comments (AC): The sharp juxtapostion of Putin and then Biden via differing media outlets is quite alarming. One world leader can teach deeply on Russian and European history and the details of recent geopolitical machinations, while the other world leader has trouble declaring that he has no memory issues and simultaneouly calling the President of Egpyt the leader of Mexico. The situation is humorous if not for the consequences. Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB) Block: 829,516 DTG/ICOD: 0800EST 08Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israeli War in Gaza Continues / SCOTUS to Hear Trump's Eligibility Case / US Lawmakers Seeks Yellen's Insight on Crypto / Binance Delists Monero Market Data: Price: 1 BTC= $44,710 USD, 22.07 oz Gold, .10 Median US House 24hr Hi: $44,862 / Lo: $42,941 Vol: $25B (Up 60%) Mkt Cap: $877B (Up 4%) HashRate: 539 EH/s Avg Fees: 16,195 sats/tx (Down 2%) Nodes: 17,713 ---Reports--- -International Events- 1. Israeli strikes kill 13 in a southern Gaza town that could be the next target in the war: Israeli airstrikes killed over a dozen people overnight and into Thursday in Rafah in the Gaza Strip, hours after Prime Minister Benjamin Netanyahu rejected Hamas’ cease-fire terms and vowed to expand the offensive into the southern Gaza town. (AP) 2. Ukraine needs more troops fighting Russia. Hardened professionals from Colombia are helping: Ukraine’s ranks are depleted by two years of war. As it battles the Russian war machine, Ukraine is welcoming hardened fighters from one of the world’s longest-running conflicts. Professional soldiers from Colombia bolster the ranks of volunteers from around the world who have answered Ukrainian President Volodymyr Zelenskyy’s call for foreign fighters to join his nation’s war with Russia. (AP) -US Events- 1. US supreme court hearing focuses on Trump’s eligibility for 2024 election: The US supreme court will hear oral arguments on Thursday morning after the Colorado supreme court ruled the ex-president ineligible to run for office for inciting insurrection under the 14th amendment last year. (Guardian) -Regulatory and Legal- 1. US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps: Representatives Patrick McHenry, Glenn Thompson, French Hill, and Dusty Johnson sent a letter to Treasury Secretary Janet Yellen concerning crypto regulation on Tuesday following her testimony before the House Committee on Financial Services. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed, questioning Yellen how the council believes existing laws should apply bitcoin, ether, and non-security crypto assets. (Bitcoincom) 2. US lawmakers get ‘very, very close’ to agreement on stablecoin bill: Rep. Maxine Waters said U.S. lawmakers are inching closer to reaching an agreement on stablecoin legislation. “That’s what’s important to me: Our central bank should have the power of oversight and the ability to be at the head of this.”, she said Wednesday. (CryptoNews) -Institutional Concerns- 1. Bitcoin ETF Landscape: Record Volume, BlackRock Dominance: Fueled by a staggering $1 billion in daily volume and nearly $2 billion in inflows on February 7th, the spot Bitcoin ETF landscape is brimming with activity. At the heart of this frenzy lies BlackRock’s IBIT, boasting a record-breaking $341.2 million in traded volume. This decisive move dethroned Grayscale’s GBTC, which previously held the crown with $296.5 million, marking a significant shift in the power dynamics. (Bitcoinist) -Central Bank Digital Currencies (CBDC)- 1. India to look at offline solutions to aid CBDC adoption in rural areas: Several offline solutions, including proximity and non-proximity-based solutions, will be evaluated in hilly, rural and urban environments to achieve this aim, according to the Press Trust of India. (CoinTelegraph) -Economic Indicators- 1. Americans largely stopped piling debt onto household balance sheets in December, data from the Federal Reserve showed Wednesday. Total consumer credit inched up just $1.5 billion in December, on a seasonally adjusted basis. Economists had expected ten times as much growth in consumer debt. In November, for example, consumer credit climbed by $23.4 billion. (Breitbart) -Technological Updates- NSTR -Security Incidents and Concerns- 1. Binance Delists Monero Questioning the Balance of Privacy for Good with Anonymous Cryptos: As governments worldwide tighten their grip on the financial sector, the very essence of anonymous cryptos is currently frowned upon by many authorities. The announced removal of Monero (XMR) from Binance could signal increased regulatory scrutiny on cryptocurrencies that prioritize anonymity. It also may lead to other exchanges following suit, due to concerns about compliance with law. (CCN) -Bitcoin Community- 1. Ethiopia Emerges As New Safe Haven for Chinese Bitcoin Miners: According to the most recent report, Chinese Bitcoin miners are relocating their operations to Ethiopia due to the country’s exceptionally low electricity costs and the favorable attitude towards cryptocurrencies adopted by the local government. Chinese companies, instrumental in the construction of the $4.8 billion Grand Ethiopian Renaissance Dam, will provide electricity to these miners. (CoinGape) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 66/100 (Up 4 pts) Analyst Comments (AC): Reading through the reports today may give a sense that Bitcoin is in a war with exisiting powers throughout the world. As Bitcoin adoption grows, both as a store of value and a medium of exchange, existing centers of control are fighting these advances through regulation and force. As in any war, daily reports will speak of wins and losses on both sides of the conflict, but a larger, more strategic perspective will begin to take shape. In this case, Bitcoin can objectively be said to be 'gaining ground' as those economic use cases above. War, history teaches us however, is never certain in any aspect. Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
Bit Block Boom in Dallas is going to be LIT!! Except for during the solar eclipse… Get our discount code, bring your eye pro, and #GetOnTheMission image
We have a bunch of new people joining across all channels so its a good time for some reminders on a few things. We never promote or encourage violence and we dont shitcoin. Aside from that we encourage everyone to get involved or even take charge and lead this movement forward. We have resources and continue to build libraries of information that may be useful to you regardless of whether you are active/prior military or not. If you want more information on any of these things, please dont be afraid to ask: 1. BV Citadel Network - land owners or wannabe landowners - tips and teaching on homesteading and resilience 2. BV Radio - dedicated to learning about and getting qualified to use Ham radio 3. BV Pew Pew - For those interested in firearms builds, training, etc 4. Other resources include several PTSD projects for those seeking healing - low key no shame..hanging with brothers in arms and working through stuff through the Brave Mission 5. Intel and Cybersec - If you are an intel or security person or are interested in such 6. Local bitcoin meetups 7. Deep discounts on tickets to bitcoin events such as Bit Block Boom and Bitcoin 2024 8. Vocational training, job placement, and vertan business support through Operation Bitcoin ( @OPERATION BITCOIN ) 9. A discord server where we are pinning resources and links for things you may want to know on a variety of subjects 10: BV is a Voluntarist organization with multiple missions. We actively seek out self motivated leaders who are looking for work and projects in the Bitcoin and Veteran space. We provide real world resume building opportunities that afford every member the opportunity to work, grow and thrive on any project they think will help achieve Mission Success. Join us and #GetOnTheMission
BTC Daily Intelligence Bulletin (DIB) Block: 829,048 DTG/ICOD: 0800EST 05Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US Military Strikes Targets in Iraq, Syria and Yemen Over the Weekend / Bukele Wins Re-Election / China Stocks are Melting Down / Massive Rains in SOCAL / Fed Stays Steady for Now Market Data: Price: 1 BTC= $43,223, 21.28 oz Gold 24hr Hi: $43,223 / Lo: $42,264 Vol: $15B (Up 14%) Mkt Cap: $846B (Even) HashRate: 610 EH/s Avg Fees: 18,726 sats/tx (Down 42%) Nodes: 14,942 ---Reports--- -International Events- 1. US forces launch self-defense strike on Houthis, accuse group of presenting 'an imminent threat' in Red Sea: In a statement published on X Sunday evening, CENTCOM explained that American forces "struck four anti-ship cruise missiles, all of which were prepared to launch against ships in the Red Sea." (Fox) 2. El Salvador's Bukele re-elected as president in landslide win: Bukele declared himself the winner before official results were announced, claiming to have attained more than 85% of the vote. Provisional results showed Bukele winning 83% support with 31% of the ballots counted. (Reuters) 3. Forest fires raging in Chile kill at least 112: In a news conference Saturday, Interior Minister Carolina Tohá said there are 92 active fires burning that have affected more than 43,000 hectares. On Sunday Tohá added that more than 1,350 homes have already been affected. (NBC) 4. Angry Chinese take to US Embassy’s social media account to vent about plunging stock market: Tens of thousands of people in China are flocking to an unusual venue to vent their outrage about the continuing meltdown in the country’s stock market. They’ve been posting comments on a Chinese-language social media account of the US Embassy in Beijing expressing anger and frustration with the market rout. Mainland Chinese markets slumped again Monday after their worst week in years. More than 1,800 stocks on the Shanghai and Shenzhen markets, accounting for a third of all stocks listed in China, slumped more than 10%. (CNN) (AC- There is additional reporting, mostly from social media, that as much as 30% of stocks have been halted to stop the selling on exchanges in China.) -US Events- 1. Atmospheric river lashes California with heavy rain and wind: Millions of people in California are at high risk of life-threatening flooding with parts of the Los Angeles area forecast to receive close to half a year’s worth of rain by Tuesday. (CNN) 2. Texas Border Showdown: 13 Governors Join Abbott at State-Seized Park Along Rio Grande: Texas Governor Greg Abbott briefed thirteen other Republican Governors on the state’s Operation Lonestar and the latest border security enhancements at a small border park recently seized by the State from the City of Eagle Pass. Sunday’s briefing and press conference to address “Biden’s reckless open border policies” comes on the heels of a busy weekend for the small Texas border town. (Breitbart) -Regulatory and Legal- 1. Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation: Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Before this, in September 2021, China intensified its crackdown on cryptocurrency mining and declaring all financial transactions involving cryptos illegal. The clampdown came as the country’s central bank has been testing its own digital currency, the digital yuan. This current move is designed to stabize the country's electrical grid after recent power shortages. (CryptoNews) -Central Bank Digital Currencies (CBDC)- NSTR -Economic Indicators- 1. Powell Tells ‘60 Minutes’ Fed Is Wary of Cutting Rates Too Soon: "The prudent thing to do is to, is to just give it some time and see that the data continue to confirm that inflation is moving down to 2% in a sustainable way.”, Powell said on Sunday. (Yahoo) -Technological Updates- NSTR -Security Incidents and Concerns- 1. Binance Says There Was No Leak From Systems After Alleged Data Breach: Binance said that its security team had determined there was no leak from the crypto exchange’s systems after claims that its users’ KYC data was being sold on the dark web. -Bitcoin Community- 1. Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings: Bankrupt crypto lender Genesis filed a motion Friday asking a U.S. judge to approve the sale of over $1.6 billion in bitcoin (BTC), ether (ETH) and ethereum classic (ETC) held in Grayscale’s trust products. If the motion is approved, the market could see yet another significant chunk of selling pressure on bitcoin. In January, bankrupt exchange FTX sold over $1 billion worth of GBTC holdings. That coincided with the price dropping to $39,000 from $49,000. (CoinDesk) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 60/100 (Down 3 pts) Analyst Comments (AC): US military strikes in Iraq, Syria and Yemen over the weekend are aimed at curtailing the Iranian proxies in the region from continued attacks. DoD officials have not ruled out strikes directly against Iran, but that woud go against recent US policy and objectives. It remains to be seen where the wider Israel conflict will escalate and to what degree. Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
If you are a Veteran and a Bitcoiner, it might make sense to just connect with us in case this catches on We’re looking for leaders in this movement who are ready to get shit done Get in touch and #GetOnTheMission
BTC Daily Intelligence Bulletin (DIB) Block: 828,553 DTG/ICOD: 0800EST 02Feb24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: El Salvador set to Re-elect Bukele on Sunday / Biden Targets Israeli Settlers with Sancitons / New Congressional Act may take Digital Assets of Corporate Balance Sheets / Atmoshperic River Hits SOCAL Market Data: Price: 1 BTC= $43,137, 21.0 oz Gold 24hr Hi: $43,398 / Lo: $41,933 Vol: $20B (Down 20%) Mkt Cap: $846B (Up 2%) HashRate: 643 EH/s Avg Fees: 35,273 sats/tx (Up 110%) Nodes: 14,445 ---Reports--- -International Events- 1. ‘World’s Coolest Dictator’ Nayib Bukele set for landslide election win in El Salvador for war on gangs: El Salvador will hold an election this weekend that President Nayib Bukele is expected to win easily. A January 2024 opinion poll from the University of Central America’s public opinion institute showed 82 per cent of voters supporting Bukele. Bukele’s crackdown on drug gangs has also won him the support of a nation tired of violent crime. (SouthChinaMorningPost) 2. Biden authorises sanctions on Israeli settlers for ‘extremist violence’ in West Bank: In a message to Congress announcing the new sanctions, Mr Biden said he’d declared a national emergency “to deal with the threat posed by the situation in the West Bank, including in particular high levels of extremist settler violence, forced displacement of people and villages, and property destruction”. (IndependentUK) (AC-As the Biden Administration has failed to halt the severity of the response from Israel in Gaza, Biden is now using the Treasury Dept as leverage against Israeli settlers themselves. This is an unexpected tactic in the geopolitical quagmire of this Israeli conflict. On analysis, it appears Biden is trying to thread the line of support to Israel and the Palenstinians at the same time. It also shows the reliance the administration has placed upon quick reactionary economic warfare.) -US Events- 1. ‘Pineapple Express’ sweeps California as an atmospheric river fuels storms and floods the state: Heavy rain flooded California roadways and much-needed snow piled up in the mountains as the first of back-to-back atmospheric rivers pummeled the state Thursday. (AP) 2. Ex-CIA computer engineer gets 40 years in prison for giving spy agency hacking secrets to WikiLeaks: The bulk of the sentence imposed on Joshua Schulte, 35, in Manhattan federal court came for an embarrassing public release of a trove of CIA secrets by WikiLeaks in 2017. He has been jailed since 2018. (Politico) -Regulatory and Legal- 1. US House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal: Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This request centers on the committee’s concerns over the rule’s potential impact on the digital asset industry and its demand for a more comprehensive stakeholder review. (Bitcoincom) 2. US Congress About To Lift Major Bitcoin Institutional Adoption Barrier: NC Representative Wiley Nickel, joined by Senator Cynthia Lummis and Representative Mike Flood, has put forth a Congressional Review Act (CRA) resolution that aims to overturn the SEC's directive requiring banks to include customer cryptocurrency assets on their balance sheets, potentially clearing a major hurdle for the institutional adoption of Bitcoin and other digital assets. (Bitcoinist) 3.China to include crypto in money laundering rules amid crackdown on cybercrime gangs: An executive meeting of the State Council late last month chaired by Prime Minister Li Qiang discussed including provisions for virtual assets to update its AML regulations. The updates are expected to go into effect in 2025. (DLNews) -Central Bank Digital Currencies (CBDC)- 1. UAE and China Complete First $13.6M Cross-Border CBDC Transaction: The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital yuan. According to PeopleCN, the 50-million-dirham ($13.6 million) transaction occurred via the m-CBDC Bridge platform during the Central Bank of UAE’s 50th anniversary celebration in Abu Dhabi. (CyrptoNews) -Institutional Concerns- NSTR -Economic Indicators- 1. Bank of England Holds Rates, Signals Cut This Year: The decision comes after US Fed says rate cuts are possible but not imminent (WSJ) -Technological Updates- NSTR -Security Incidents and Concerns- 1. FTX’s Missing $400 Million Were Stolen in SIM-Swapping Hack, DOJ Says: FTX’s Missing $400 Million Were Stolen in SIM-Swapping Hack, DOJ Says. Three people have been charged with orchestrating a SIM-swapping scam that siphoned more than $400 million from FTX as the cryptocurrency exchange spiraled into bankruptcy. (Bloomberg) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 63/100 (Even) Analyst Comments (AC): Follow us on NOSTR: @Bitcoin Veterans ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report
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