BTC Daily Intelligence Bulletin (DIB) Block: 850,668 DTG/ICOD: 1200Z 04Jul24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Colonists Secede From Tyrannical King, Igniting War / Hurricane Beryl Weakens Enroute Yucatan / Russia Makes Gains in Ukraine / China Seizes Taiwan Fishing Boat / Boil Water Order in DC / Medal of Honor Awarded to 2 Union Soldiers / German Gov, Mt Gox, Unload BTC / BTC Core Devs Update Security Policies Market Data: Price: 1 BTC= $57,482, 24.4 oz Gold, .13 Median US House 24hr Hi: $60,555 / Lo: $57,043 Vol: $37B (Up 41%) Mkt Cap: $1.13T (Down 4%) HashRate: 592 EH/s Avg Fee Rate: 24 sats/vBtye (Up 100%) Nodes: 19,373 ---Reports--- -International Events- 1. Weather deteriorating in the Cayman Islands as Beryl weakens slightly: Category 3 Hurricane Beryl has weakened slightly and now has winds of 120 mph, according to the National Hurricane Center’s 5:00 a.m. ET update. Beryl will reach the Yucatan Peninsula early Friday. (CNN) 2. Ukraine’s army retreats from positions as Russia gets closer to seizing strategically important town: Ukraine’s military said its army has retreated from a neighborhood in the outskirts of Chasiv Yar, a strategically important town in the eastern Donetsk region which has been reduced to rubble under a months-long Russian assault. Chasiv Yar lies a short distance west Bakhmut, which was captured by Russia last year after a bitter 10-month battle. (ABC) 3. Taiwan says China seizes fishing boat near its coast: Chinese officials boarded and then seized a Taiwanese fishing boat operating near China's coast close to a Taiwan-controlled island late Tuesday and took it to a Chinese port, Taiwan's coast guard said, in a further escalation of tensions. (Reuters) -US Events- 1. DC Water Issues Boil Water Advisory for All Customers in the District of Columbia, the Pentagon, Arlington National Cemetery and Reagan National Airport: This is a precautionary notice to all customers to boil water that may be ingested due to water of unknown quality. Customer should not drink the water without boiling it first. This advisory will remain in place until follow-up testing confirms the water is safe to drink. (DCWater) 2. Civil War soldiers awarded Medal of Honor for Confederate train raid: Two Civil War soldiers who infiltrated Confederate territory to steal a train and destroy the enemy railroad system were posthumously awarded the Medal of Honor by President Joe Biden on Wednesday. Pvt. Philip Shadrach and Pvt. George Wilson, members of the 2nd Ohio Volunteer Infantry Regiment, are finally set to receive recognition as participants in what is known as the “Great Locomotive Chase.” (ArmyTimes) 3. Federal agency plans to cull 450,000 barred owls to boost another species: In a final plan released Wednesday, the agency is proposing to kill as many as 450,000 barred owls over 30 years. The plan is designed to prevent the extinction of the spotted owl, a threatened species that is being crowded out of its native territory by the slightly larger and faster-reproducing barred owl. (NBC) -Regulatory and Legal- 1. Basel Committee finalizes crypto exposure rules for banks: The Basel Committee met on July 2-3 and made policy decisions on issues that included disclosure of banks’ crypto exposure. Its decisions are part of the Basel III reforms that were begun in 2019 to enhance the resilience of European Union banks through regulation, supervision and risk management. (CoinTelegraph) -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. German gov’t transfers $172M in Bitcoin to multiple locations: The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet. (CoinTelegraph) -Economics Indicators- 1. Bitcoin Breaks Below $60K, Hits 2-Month Low: Bitcoin prices tumbled again below the key psychological mark of $60,000, hitting a two-month low as the largest cryptocurrency failed to sustain a recent rebound, with analysts pointing to the potential start of Mt. Gox creditor repayments as the likely main culprit. (Trading Economics) 2. US Services Sector Unexpectedly Contracts: ISM: The ISM Services PMI in the US tumbled to 48.8 in June 2024, the sharpest contraction since April 2020. Markets were expecting 52.5 after 53.8 in May. The Business Activity Index also fell, registering 49.6, the first contraction since May 2020. (Trading Economics) -Security Incidents and Concerns- 1. Brazil Halts Meta's AI Data Processing Amid Privacy Concerns: Brazil's data protection authority, ANPD, has temporarily banned Meta from processing users' personal data to train the company's artificial intelligence (AI) algorithms. The decision follows the social media giant's update to its terms that allow it to use public content from Facebook, Messenger, and Instagram for AI training purposes. (HackerNews) (AC-Nothing like AI scraping all your social media and messages to feed the AI machine. This update by Meta has not been challenged in the US.) -Technology- 1. Pentagon to Launch Supercomputer Cloud Service for US Military, Enhancing Remote Access: This initiative aims to give troops direct access to supercomputing power, significantly enhancing military preparedness and operational efficiency. Unlike the typical laptop with around four CPU cores, these professional systems leverage up to 10,000 cores to solve complex problems. (TechTimes) (AC-What could go wrong?) -Bitcoin Community- 1. Bitcoin Core Announces New Security Disclosure Policy: A group of Bitcoin Core developers has introduced a comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs. This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security within the Bitcoin ecosystem. (BitcoinMag) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 44/100 (Down 9 pts) Analyst Comments (AC): "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security." -In Congress, July 4, 1776 (Excerpt) Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 850,525 DTG/ICOD: 1200Z 03Jul24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Hurricane Beryl Barrels Toward Jamaica / Shanghai Cooperation Org Grows Again / 5GW and a First Lady's Bugatti / Lawyers Nationwide Prepare for Trump Presidency / VP Harris Odds Increasing / Taiwan Crypto Organizes to Advocate / First BTC Macro ETP Launched / Florida Man Shoots Delivery Drone / Kraken Wants Nuke Power / China Still Mining Bitcoin in Spades Market Data: Price: 1 BTC= $60,292, 25.73 oz Gold, .14 Median US House 24hr Hi: $63,015 / Lo: $59,662 Vol: $26B (Up 17%) Mkt Cap: $1.19T (Down 4%) HashRate: 609 EH/s Avg Fee Rate: 12 sats/vBtye (Down 17%) Nodes: 19,033 ---Reports--- -International Events- 1. Hurricane Beryl forecast and track: Jamaica's prime minister declares island 'disaster area' ahead of storm: According to the National Hurricane Center, Beryl was downgraded to a Category 4 from a Category 5, but its maximum sustained winds remained dangerous at 155 mph. Hurricane Beryl is expected to reach Jamaica and is forecast to produce rainfall totals of 4 to 8 inches across the mountainous island country, with isolated amounts of up to 12 inches possible. (ABC) 2. A growing club led by Xi and Putin to counter the US is adding a staunchly pro-Russia member: The expected admission of Belarus to the Shanghai Cooperation Organization (SCO) at its annual leaders’ summit in Astana, Kazakhstan is another push by Beijing and Moscow to transform the grouping – from a regional security bloc into a geopolitical counterweight to Western institutions led by the United States and its allies. Founded in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan to combat terrorism and promote border security, the SCO has grown in recent years in line with Beijing and Moscow’s shared ambition to counter what they see as US “hegemony” and reshape the international system in their favor. (CNN) 3. A Bugatti car, a first lady and the fake stories aimed at Americans: A network of Russia-based websites masquerading as local American newspapers is pumping out fake stories as part of an AI-powered operation that is increasingly targeting the US election, a BBC investigation can reveal. A former Florida police officer who relocated to Moscow is one of the key figures behind it. t would have been a bombshell report - if it were true. Olena Zelenska, the first lady of Ukraine, allegedly bought a rare Bugatti Tourbillon sports car for 4.5m euros while visiting Paris for D-Day commemorations in June. The source of the funds was supposedly American military aid money. The story appeared on an obscure French website just days ago - and was swiftly debunked. (BBC) (AC-A great example of 5th Gen Warfare being conducted today. The truth is nowhere to be found in the Bugatti story and not confirmed even in the BBC story. What is known are the efforts to influence public perceptions and drive funding and actions in support of agendas.) -US Events- 1. How Democratic lawyers are bracing for Trump’s return: Democratic attorneys around the country are already gearing up for the possibility of a second Trump administration by beginning to map out an aggressive legal strategy to fight him again in court — this time with a fresh sense of urgency. Democratic attorneys general are exploring hiring outside experts and dispatching staff to study areas of the law anticipated to come under attack, like reproductive health, immigration and the environment. And they are scrutinizing Project 2025, the 900-page blueprint from The Heritage Foundation that lays out a conservative agenda for the next Republican presidency. “If you’re an AG you have to make sure your team is solid,” said James Tierney, the former attorney general of Maine. (politico) 2. Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket: Vice president Kamala Harris' odds of becoming the Democratic nominee for president this year more than quadrupled on Tuesday, according to traders on Polymarket, the crypto-based prediction market platform that's seen torrid growth in an election year. (CoinDesk) -Regulatory and Legal- 1. Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities: The body will aim to act as a bridge as the private sector and the government work together to supervise the industry. Its first task will be to formulate a self-regulation code that covers industry classification, listing and delisting, consumer protection, risk control, transaction monitoring and advertising solicitation, according to the blog post. (CoinDesk) -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. Deutsche Digital Assets Launches World’s First Macro Bitcoin ETP: Deutsche Digital Assets (DDA) has launched the first-ever Macro Bitcoin Exchange-Traded Product (ETP) on Xetra. This innovative ETP aims to dynamically optimize Bitcoin exposure based on macroeconomic factors, offering a novel approach to cryptocurrency investment. Notably, the listing marks a significant milestone for investors looking to balance potential gains with macroeconomic risks.(CoinGape) -Economic Indicators- 1. US Mortgage Rates Bounce Back Above 7%: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased by 10bps to 7.03% in the week ended June 28, 2024, from 6.93% in the previous period. (TradingEconomics) 2. US Job Openings Top Expectations: The number of job openings rose by 221,000 from the previous month to 8.140 million in May 2024, beating the market consensus of 7.91 million. Much of the increase can be attributed to state, local and federal government jobs. (TradingEconomics) -Security Incidents and Concerns- 1. Florida Man Arrested for Shooting at Walmart Delivery Drone Faces Multiple Charges: In a quiet neighborhood of Clermont near Orlando in Florida, a 72-year-old man was facing multiple charges after he shot at a Walmart delivery drone. Witnesses saw a bullet hole in the drone, leading them to report it to local authorities on Wednesday. They also pointed authorities to Dennis Winn. (TechTimes) -Technology- 1. Crypto Exchange Kraken Is Considering Going Nuclear: Kraken is considering using nuclear energy to power its data centers, amidst an expected boom in decentralized finance (DeFi) and increased demand for its services. Kraken is not looking to build its own reactors, but is considering partnering with energy providers that can supply nuclear power with small modular reactors (SMRs). These reactors can be co-located with data centers and don’t have space or weather constraints, according to CTO Patankar. (CoinDesk) -Bitcoin Community- 1. CleanSpark mined 445 Bitcoin in June, surpasses hashrate target: Bitcoin miner CleanSpark increased its Bitcoin production by 6.7% in June and surpassed its mid-year hashrate target of 20 exahashes per second (EH/s).The United States-based miner only sold 8 of the 445 Bitcoin it mined in June, bringing its total Bitcoin holdings to 6,591 BTC as of June 30, worth more than $4 billion at current prices. (CoinTelegraph) 2. Chinese Bitcoin Mining Pools Control A Staggering 54% Of Hash Rate Despite Ban: China Bitcoin mining pools now command over 50% of the total hash rate based on on-chain data. This is despite the 2021 China crypto ban, according to Kim Young Ju, the founder of CryptoQuant (99Bitcoins) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 50/100 (Down 3 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: 850,372 DTG/ICOD: 1200Z 02Jul24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: First Cat 5 Hurricane Eyes Jamaica / Ukraine Air Bases Struck Before F-16s Arrive, US Bases on High Alert / SCOTUS Immunity Ruling Confounds Lawfare Strategy / SCOTUS Chevron Ruling May Untangle Digital Asset Mess / Imagery Reveals China Listening Posts in Cuba / Judge Rules Biden Cannot Stop LNG Exports / Bolivia Says Bitcoin Now OK / Sony Starts Bitcoin Exchange in Japan / Coinbase Chosen to Custody and Sell USG Bitcoin Market Data: Price: 1 BTC= $62,668, 26.90 oz Gold, .15 Median US House 24hr Hi: $63,777 / Lo: $62,367 Vol: $22B (Up 3%) Mkt Cap: $1.23T (Even) HashRate: 611 EH/s Avg Fee Rate: 14 sats/vBtye (Up 81%) Nodes: 19,034 ---Reports--- -International Events- 1. Hurricane Beryl barrels toward Jamaica as category 5 storm after ‘flattening’ Grenada island: The hurricane was located about 695 miles (1,118km) east-southeast of Kingston, Jamaica, packing maximum sustained winds of 165mph (270km/h), the National Hurricane Centre said. (IndependentUK) 2. At least nine killed in Seoul as car ploughs into crowd: As reported by Yonhap news agency, a man believed to be in his 60s drove the vehicle into pedestrians waiting at a traffic stop. Police said the accident took place at an intersection near Seoul city hall. The driver in question, who was arrested at the scene, reportedly told the police the car suddenly accelerated. (BBC) 3. Ukrainian air base under frequent fire as Russia aims at F-16 arrivals: The June 27 attack was a stark reminder of the challenges Kyiv faces as it rebuilds its depleted air force and deploys the first U.S.-designed F-16s - fighter aircraft that Russia will be determined to ground or destroy. The first planes are expected to arrive this month, although the location of the basing has not been released. (Reuters) 4. Several US military bases in Europe put on heightened state of alert, US officials say: The alert level of Force Protection Condition (FPCON) "Charlie" was put in place over the weekend, according to two U.S. officials. "For operational security reasons, we will not get into specific measures, but we remain vigilant," EUCOM wrote, in part. (ABC) (AC-Other sources speculate that his is in relation to Russian concerns over the F-16s being delivered to Ukraine.) -US Events- 1. How the blockbuster Supreme Court presidential immunity ruling impacts the Biden-Trump 2024 rematch: A highly anticipated ruling by the Supreme Court that former presidents enjoy wide-ranging immunity for their official acts while in the White House was repeatedly praised by former President Trump yesterday. The ruling on Monday means that the trial judge in the lower court case against Trump will now have to hold hearings on whether the charges against Trump were based on official acts by the then-president or unofficial ones. That process will take time, and it's extremely unlikely Trump will go on trial for trying to overturn the 2020 election before voters cast ballots in the 2024 rematch. (Fox) 2. Satellite Images Show Expansion of Suspected Chinese Spy Bases in Cuba: Analysts identified four electronic eavesdropping stations, including a previously unreported site near a U.S. naval base. (WSJ) 3. Judge Orders Biden Administration to Resume Permits for Gas Exports: A federal judge on Monday ordered the Biden administration to resume issuing permits for new liquefied natural gas export facilities after the government had paused that process in January to analyze how those exports affect climate change, the economy and national security. The decision, from the United States District Court for the Western District of Louisiana, comes in response to a lawsuit from 16 Republican state attorneys general, who argued that the pause amounted to a ban that harmed their states’ economies. (NYT) -Regulatory and Legal- 1. Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem: The Central Bank of Bolivia has lifted a blanket ban that kept financial institutions from serving crypto-related transactions. With Resolution N°082/2024, issued on Tuesday, the bank lifts any prohibition related to these assets, opening the door for the intermediation of institutions to complete payments to acquire these assets. (BitcoinCom) 2. Supreme Court's Chevron Decision Curtails SEC Chair Gensler's Regulatory Abuses, Says Congressman: Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other tech sectors, promising more predictable and grounded regulations. (BItcoinCom) -Central Bank Digital Currencies- 1. Bahamas wants to force banks to support its ‘Sand Dollar’ CBDC: The Bahamas is preparing to introduce legislation requiring commercial banks to support its “Sand Dollar” central bank digital currency (CBDC) and hopefully boost its adoption. The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption. (CoinTelegraph) -Institutional Concerns- 1. US spot bitcoin ETFs report $130 million in net inflows, largest influx in three weeks: The 11 U.S. spot bitcoin exchange-traded funds saw total daily net inflows of $129.45 million on Monday, reporting their fifth consecutive day of positive flows. Monday’s net inflows also marked the largest fund intake the ETFs have seen since June 7. Fidelity’s FBTC led the inflows yesterday with $65 million, followed by Bitwise’s BITB, which recorded $41 million. (CoinMarketCap) 2. $105 Billion Electronics Giant Sony To Launch New Bitcoin Exchange: Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group's local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony's presence in the Bitcoin and crypto space. (BitcoinMag) -Economic Indicators- 1. US Stocks Kick-Off 2nd Half of 2024 Higher: Stocks in the US closed higher to start the second half of the year. The S&P 500 gained 0.3%, the Dow Jones added 50 points, and the Nasdaq rose 0.8% thanks to strong performances from tech giants like Apple (+2.9%), Amazon (+2%), and Microsoft (+2.2%). Nvidia rebounded (+0.6%) while other chip makers' stocks fell such as AMD (-2.8%) and Arm (-2.9%) dropped. (TradingEconomics) 2. US Factory Activity Shrinks Faster: The ISM Manufacturing PMI unexpectedly declined to 48.5 in June 2024 from 48.7 in May, below forecasts of 49.1. The reading pointed to a third straight month of falling manufacturing activity and the lowest since February. (TradingEconomics) -Security Incidents and Concerns- 1. Australian Man Charged for Fake Wi-Fi Scam on Domestic Flights: The unnamed 42-year-old "allegedly established fake free Wi-Fi access points, which mimicked legitimate networks, to capture personal data from unsuspecting victims who mistakenly connected to them." The individual is said to have staged what's called an evil twin Wi-Fi attack across various locations, including domestic flights and airports in Perth, Melbourne, and Adelaide. "The email and password details harvested could be used to access more personal information, including a victim's online communications, stored images and videos, or bank details," the AFP said. (HackerNews) -Technology- 1. China's Stealth Fighter Aircraft Supports Detachable Wings That Transforms Into Drones: The China Aerodynamics Research and Development Centre (CARDC) successfully tested the new stealth fighter, and said that each drone is powered by electric ducted fans. The aircraft and its drones managed to stay in the air despite the drone separation maneuver during the test flight, which allegedly caused flight instability due to the aerodynamic shift. (TechTimes) -Bitcoin Community- 1. Coinbase Bags $32 Million Contract From DOJ For Handling Confiscated Crypto: In a significant development, the US Department of Justice’s asset forfeiture division, the US Marshal Service, has chosen Coinbase as its custody provider for large-cap digital assets. Coinbase emphasized its longstanding history of supporting law enforcement agencies and its collaborations with major federal, state, and local agencies in the US, as well as international agencies worldwide. (Bitcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 53/100 (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: 850,227 DTG/ICOD: 1200Z 01Jul24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: France Elections Move Right / Military Draft Law Ignites Israel / Coordinated Suicide Bombers in Nigeria Kill 30+ / US Left Argue on Removing Biden From Race / SCOTUS To Release Immunity Ruling Today / Bannon Reports to Jail / Chevron Doctrine Ruling Upsets Administrative State / Hawaii Crypto Firms No Longer Need Transmitter License / Stocks Are Booming / Big Tech Tries to Lock up Nuke Power in US / China's Version of Space X Has Accidental Fireworks Show Market Data: Price: 1 BTC= $62,556, 26.81 oz Gold, .15 Median US House 24hr Hi: $63,700 / Lo: $61,262 Vol: $22B (Up 64%) Mkt Cap: $1.23T (Up 2%) HashRate: 537 EH/s Avg Fee Rate: 8 sats/vBtye (Even) Nodes: 19,388 ---Reports--- -International Events- 1. Far right leads first round of France’s parliamentary election in blow to Macron: Marine Le Pen’s far-right National Rally (RN) party led the first round of France’s parliamentary elections on Sunday, taking it closer to the gates of power than ever before. After an unusually high turnout, the RN bloc clinched 33.15% of the vote, while the left-wing New Popular Front (NFP) coalition came second with 27.99% and President Emmanuel Macron’s Ensemble alliance slumped to a dismal third with 20.76%. (CNN) 2. Ultra-Orthodox protest against order to enlist in Israeli military turns violent in Jerusalem: Thousands of Jewish ultra-Orthodox men clashed with Israeli police in central Jerusalem on Sunday during a protest against a Supreme Court order for them to begin enlisting for military service. Tens of thousands of men rallied in an ultra-Orthodox neighborhood to protest the order. But after nightfall, the crowd made its way toward central Jerusalem and turned violent. (AP) 3. At least 30 dead, more than 100 injured after multiple suicide bombings in Nigeria: "The first suicide attack was masterminded by an unidentified woman who sneaked with two children into a wedding reception of a popular young man in Gwoza; she detonated her Improvised Explosive Devices (IEDs), killing herself and many people." No group has claimed responsibility for the bombings. (ABC) -US Events- 1. Top Democrats rule out replacing Biden amid calls for him to quit 2024 race: After days of hand-wringing about Biden's poor night on stage debating Trump, Democratic leaders firmly rejected calls for their party to choose a younger presidential candidate for the Nov. 5 election. Biden, 81, meanwhile, was huddling with family members at the Camp David presidential retreat on Sunday. (Reuters) 2. Supreme Court prepares to issue ruling on Trump immunity and final cases Monday: SCOTUS is expected to hand down its final opinions of the term on Monday morning, resolving the question of whether former President Donald Trump may claim immunity from federal election subversion charges. The court will also decide two cases at the intersection of the First Amendment and social media. At issue are laws enacted in Florida and Texas aimed at stopping social media giants like Facebook and X from throttling conservative views. (CNN) 3. Steve Bannon set to begin 4-month prison sentence for defying congressional subpoena: Bannon will be the second former Trump aide to be imprisoned for a contempt of Congress conviction after Peter Navarro began serving a four-month sentence earlier this year. Both men were convicted for not complying with subpoenas issued to them by the now-defunct House Select Committee that investigated January 6, 2021. The Supreme Court on Friday denied a long-shot effort by Bannon to avoid reporting to prison while he challenges his conviction before the federal appeals court in Washington, DC. (CNN) 4. Supreme Court strikes down Chevron, curtailing power of federal agencies: By a vote of 6-3, the justices overruled their landmark 1984 decision in Chevron v. Natural Resources Defense Council, which gave rise to the doctrine known as the Chevron doctrine. Under that doctrine, if Congress has not directly addressed the question at the center of a dispute, a court was required to uphold the agency’s interpretation of the statute as long as it was reasonable. But in a 35-page ruling by Chief Justice John Roberts, the justices rejected that doctrine, calling it “fundamentally misguided.” (SCOTUSblog) (AC-A surprise big win for anti-administrative proponents, this ruling will have significant repercussions across the US. Look for increases in legal proceedings where a nameless, faceless government agency would have ruled over its citizenry before.) -Regulatory and Legal- 1. Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation: Nigerian authorities targeted global cryptocurrency exchanges in a crackdown that began in February. The accusation is that crypto platforms are enabling currency speculators who are blamed for the naira’s rapid depreciation against the U.S. dollar. However, the naira’s resurgence proved short-lived, ending the first half of 2024 as one of the worst-performing currencies. The rise of cryptocurrency use and Nigeria’s thriving parallel market for naira reflect a deeper issue that needs solutions. (BItcoinCom) 2. Hawaii crypto firms no longer need MT license, regulator rules: Cryptocurrency firms in Hawaii are now officially exempt from the requirement to receive a Money Transmitter License (MTL) to run business in the state. Crypto companies will still be responsible for complying with any applicable federal licensing or registration requirements. (CoinTelegraph) -Institutional Concerns- NSTR -Economic Indicators- 1. US Stocks Soar to End June: US stocks extended gains on Friday, with the S&P hitting a new high of 5.5K, the Nasdaq 100 reaching a record level of 19980 and the Dow Jones rising over 220 points, after the Michigan consumer sentiment was revised sharply higher and inflation expectations were lower than previously reported. (TradingEconomics) -Security Incidents and Concerns- 1. Microsoft Provides Another Worrying Update on Russian Data Breach, Says Customer Emails Were Stolen: On Thursday, the tech giant announced that hackers stole customer emails as it further disclosed the scope of the breach. However, it did not specify the number of clients affected or the potential number of stolen emails. (TechTimes) -Technology- 1. Tech Industry Wants to Lock Up Nuclear Power for AI: The owners of roughly a third of U.S. nuclear-power plants are in talks with tech companies to provide electricity to new data centers needed to meet the demands of an artificial-intelligence boom. But instead of adding new green energy to meet their soaring power needs, tech companies would be effectively diverting existing electricity resources. That could raise prices for other customers and hold back emission-cutting goals. (WSJ) 2. A Chinese firm's answer to SpaceX's Falcon 9 blew up in a giant fireball after it accidentally launched during a test: Beijing-based Tianbing Aerospace Technology said it was conducting a first-stage test of the rocket's power system, and that a "structural failure" caused the Tianlong-3 to separate from its launchpad. Had the test been successful, the Tianlong-3 would have remained stationary on the launchpad as its engines fired. (BusinessInsider) -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 53/100 (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: 849,817 DTG/ICOD: 1200Z 28Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: North Korea Missile Test Explodes / USS Wasp Headed Towards Eastern Med / Russia Say US Drones Fair Game / Presidential Debate Panics Democrats / Uvalde Police Chief Arrested / SCOTUS Rules Emergency Abortions OK in Idaho / NC Gives Anti-CBDC Bill to Governor / US GDP Anemic / Interpol Disrupts Scam Network in 61 Countries With China's Help / BTC Hashrate Dropping Market Data: Price: 1 BTC= $61,615, 26.38 oz Gold, .14 Median US House 24hr Hi: $62,293 / Lo: $61,097 Vol: $22B (Up 3%) Mkt Cap: $1.21T (Even) HashRate: 574 EH/s Avg Fee Rate: 8 sats/vBtye (Down 60%) Nodes: 18,884 ---Reports--- -International Events- 1. A North Korean Missile Explodes in the Sky—and a Mystery Emerges: North Korea said it had successfully tested technology for raining down multiple nuclear warheads at once—a top weapons goal for Kim Jong Un and an increased threat to the U.S. and its allies. But, in an unusually pointed rebuke, South Korea denounced the self-declared achievement as a bluff. While the separation of warheads in a MIRV test would occur on the descent, the North Korean missile launched on Wednesday exploded in the flight’s initial stage, a South Korean Joint Chiefs of Staff spokesman said. (WSJ) 2. US sends USS Wasp assault ship and Marines to eastern Mediterranean: The officials stressed that the ship's movement is not an indication that the U.S. is planning to move American citizens out of Lebanon, but that the ship's move "is being done for deterrence purposes and to promote regional stability," said one of the officials. (ABC) 3. Russia warns it can take unspecified measures in response to US drone flights over Black Sea: Russia’s Defense Minister ordered officials to prepare a “response” to U.S. drone flights over the Black Sea, the ministry said Friday, in an apparent warning that Moscow may take forceful action to ward off the American reconnaissance aircraft. (AP) -US Events- 1. Biden’s disastrous debate pitches his reelection bid into crisis: It was clear a political disaster was about to unfold as soon as the 81-year-old commander in chief stiffly shuffled on stage in Atlanta to stand eight feet from ex-President Donald Trump at what may turn into the most fateful presidential debate in history. Biden ended the night with the Democratic Party in crisis with serious conversations taking place behind the scenes among senior figures over whether his candidacy is now sustainable, two months before the Democratic National Convention. By the time the aged rivals slipped into a bitter debate about who was the best golfer, it was not hard to understand why voters have long told pollsters that they want no part of the choice they have been offered this year. (CNN) (AC-As of this morning, both Michelle Obama and Gavin Newsom are trending heavily on X, indicating possible replacements) 2. Former Uvalde school district police chief charged with child endangerment after shooting that killed 21: Pete Arredondo, 52, was taken in by law enforcement officers and is accused of abandoning and endangering a child, the jail official said. Instead of continuing to engage the 18-year-old gunman — who was locked in a classroom with 33 students and three teachers — officers retreated after an initial burst of gunfire and did not “push forward immediately and continuously to eliminate the threat,” the Justice Department said. (NBC) 3. Supreme Court says emergency abortions can be performed in Idaho: The Supreme Court on Thursday allowed abortions to be performed during certain medical emergencies in Idaho, reinstating a lower court order that blocked the state from enforcing its near-total ban when an abortion is needed to preserve the health of the mother while legal proceedings continue. (CBS) -Regulatory and Legal- 1. Crypto Unmentioned at First 2024 U.S. Presidential Debate: For its part, the crypto industry is hoping for a Congress and administration that may pass legislation friendlier to digital asset businesses. (CoinDesk) -Institutional Concerns- 1. US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains: U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. (BitcoinCom) -Central Bank Digital Currencies (CBDC)- 1. North Carolina’s CBDC ban bill heads to governor’s desk: House Bill 690 now heads to Governor Roy Cooper for approval after the state’s House passed the bill a 109-4 vote on June 26, a day after the Senate passed the bill in a 39-5 vote. Governor Cooper’s office did not immediately respond to a request for comment on his plan for the bill. (CoinTelegraph) -Economic Indicators- 1. US GDP Growth Revised Slightly Up: The US economy expanded an annualized 1.4% in Q1 2024, slightly higher than 1.3% in the second estimate, but continuing to point to the lowest growth since the contractions in the first half of 2022. (TradingEconomics) 2. US 10-Year Yield Rises After Presidential Debate: The yield on the US 10-year Treasury note rebounded above 4.3% on Friday as US president Joe Biden and his predecessor Donald Trump clashed in their first debate, with Trump emerging as the stronger candidate ahead of the 2024 elections. (TradingEconomics) 2. US Mortgage Rates Drop to Nearly 3-Month Low: The average rate for a 30-year fixed mortgage fell by 1 bps from the previous week to 6.86% as of June 27th, the lowest in nearly three months, according to Freddie Mac. (TradingEconomics) -Security Incidents and Concerns- 1. Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested: Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online shopping sites, romance, and impersonation scams, leading to the arrest of 3,950 suspects and identifying 14,643 potential suspects worldwide. Operation First Light began in 2023 and concluded with its final tactical phase from March to May 2024. Funded by China’s Ministry of Public Security, the operation ended with a meeting in Tianjin, where participating countries reviewed results, exchanged intelligence, and strategized future actions. (BitcoinCom) 2. Fake Phantom wallet promoted in iOS AppStore drains users funds: A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to the fraudulent app mimicking the legitimate Phantom Wallet. The fake app, published by Meta Voxify and with poor 1-star reviews, appears as an ad and deceptively resembles the authentic application developed by Phantom Technologies. (CryptoSlate) -Technology- NSTR -Bitcoin Community- 1. Bitcoin profitable on 4,954 days since inception, 97.9% of its history: Bitcoin’s market history reveals a high percentage of profitable holding days, indicating strong long-term value retention. Glassnode data shows that out of 5,060 days since its inception, holding Bitcoin has been profitable on 4,954 days, representing 97.9% of its total trading days. This metric highlights the consistent upward trajectory of Bitcoin’s value over time. (CryptoSlate) 2. Bitcoin Hashrate Plunges To Lowest Since Early March As Price Remains Bearish: The 7-day average Bitcoin mining hashrate set a new all-time high (ATH) last month, but the metric has since been going through a drawdown. This decline will likely be the bearish momentum the cryptocurrency’s price has been observing. Following the most recent leg down in the mining hashrate, its value has plunged to its lowest since early March. If BTC persists at its current lows or declines further, the indicator will likely extend its fall. (Bitcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 47/100 (Up 7 pts) Analyst Comments (AC): When we hear of a large international policing effort as described in the article above, you can be certain that this is the result of a mass surveillance program. In other words, some type of communication network has been compromised by a government entity. Examples include PRISM, which revealed NSA spying, leaked by Edward Snowden, and the ANOM program, in which the FBI ran a company that sold privacy phones to criminals (read 'Dark Wire' for more info). In this case, notice that this program was started by China's Ministry of Public Security and handed off to Interpol. Since it involves 'crypto' we can speculate that there is some sort of connection of transaction data with other digital data such as emails and phones. AI is a perfect tool to synthesize this data as has been done in the past. The bottom line is that China now has this capability and is not subject to any Fourth Amendment roadblocks. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
Bitcoin Veterans know how to close down a dive bar. @PUBKEY thanks for a great time. image
We’re going LIVE tonight at 7pm ET on Twitter Live and YouTube Join us as we discuss our trip to Bitcoin Park, turning Rod into the next Seal Team 6 member, as well as covering current events Being a friend, bring a bourbon, and come hangout with us and #GetOnTheMission image
BTC Daily Intelligence Bulletin (DIB) Block: 849,675 DTG/ICOD: 1200Z 27Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Bolivia President Survives Failed Coup / Iran Presidential Contenders Dwindle / Kenya Drops Austerity Measures After Deadly Protests / US Presidential Debate Tonight / Economists Preempt Debate in Support of Biden / Rapidan Dam Failing in MN / USG To Sell 4,000 BTC From Silk Road / Binance Issues Misuse Bounty / Switzerland Ramps Up Wholesale CBDC / Denmark First to Tax Cow Farts Market Data: Price: 1 BTC= $61,201, 26.44 oz Gold, .14 Median US House 24hr Hi: $61,951 / Lo: $60,580 Vol: $21B (Down 17%) Mkt Cap: $1.21T (Even) HashRate: 489 EH/s Avg Fee Rate: 19 sats/vBtye (Down 38%) Nodes: 19,668 ---Reports--- -International Events- 1. Bolivian president survives failed coup, calls for 'democracy to be respected,' army general arrested: Bolivian President Luis Arce announced three new heads of the South American country's armed forces following an attempted coup in which military units used armored vehicles to ram into the doors of Bolivia's government palace before the army general allegedly responsible was arrested. Bolivia, a country of 12 million people, has seen intensifying protests in recent months over the economy’s precipitous decline from one of the continent’s fastest-growing two decades ago to one of its most crisis-stricken. (Fox) 2. Contenders quit race ahead of Iran’s presidential poll as campaigning ends: Two candidates in Iran’s presidential election have withdrawn from the race as campaigning ended a day ahead of the vote. The first to do so was Amir-Hossein Ghazizadeh Hashemi, 53, who dropped his candidacy on Wednesday night and urged other candidates to do the same “so that the front of the revolution will be strengthened”, the state-run IRNA news agency reported. (AlJazeera) 3. Kenyan President Ruto withdraws controversial finance bill following deadly protests: “Having reflected on the continuing conversation regarding the content of the finance bill 2024, and listening keenly to the people of Kenya who have said loudly that they want nothing to do with this Finance Bill 2024, I concede, and therefore I will not sign the 2024 finance bill,” Ruto said during a television address Wednesday. Kenya, a nation often praised for its stability, had seen escalating protests over the bill, which the government introduced to rein in public debt. (CNN) -US Events- 1. Biden and Trump to face off at CNN presidential debate: President Joe Biden and former President Donald Trump will have their first in-person showdown of the 2024 election cycle at CNN’s debate in Atlanta at 9 p.m. ET. The candidates agreed to appear at a uniform podium. Microphones will be muted throughout the debate except for the candidate whose turn it is to speak. (CNN) 2. Video shows Minnesota home next to Rapidan Dam toppling into river amid flooding: Part of the home, which is located close to the Rapidan Dam, fell into the river Tuesday night. So far, there has been no mass evacuation. (USAToday) 3. Nobel Economists Bash Trump, Hail Biden in Pre-Debate Inflation Attack: Sixteen Nobel Prize-winning economists — all unabashed liberals — have unleashed a partisan attack against Donald Trump on the eve of the first presidential debate. The economists claim that former President Donald Trump could stoke inflation if he wins the presidency in November and implements his economic plans. (Breitbart) (AC- The weaponization of scholarly disciplines such as economics or medicine is becoming even more common in support of political power. It is unfortunate that science and study is now subservient to ideology.) -Regulatory and Legal- 1. Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase: Some 3,940 bitcoin originally seized from a Silk Road vendor was moved after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address. "This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024," the post said. (CoinDesk) -Institutional Concerns- 1. Binance enforces stricter measures against account misuse: Binance has enhanced monitoring of all account usage and related activities. The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases. (CoinTelegraph) -Central Bank Digital Currencies (CBDC)- 1. Switzerland extends CBDC trial by 2 years after promising early results: After nearly nine months of experimenting with a wholesale central bank digital currency (CBDC), the Swiss National Bank (SNB) has announced an extension of the pilot to explore new use cases and expand the scope. “Pioneering the use of wholesale central bank digital currency goes beyond enhancing the efficiency and security of financial transactions,” said SIX CEO Jos Dijsselhof. “This project underscores our commitment to innovation and cements Switzerland’s position at the forefront of digital asset adoption in capital markets.” (CoinGeek) -Economic Indicators- 1. Denmark farmers will soon pay taxes based on how much their livestock farts: Denmark farmers will soon have to pay an extra tax for their livestock’s farts — making it the first country to implement such a measure to target global warming-inducing methane emissions. The gassy tax will apply to cows, sheep and pigs starting in 2030. Under the new law, Denmark hopes to reduce its greenhouse gas emissions by 70% from 1990 levels by 2030. (NYT) -Security Incidents and Concerns- 1. CISA Warns of Exploited GeoServer, Linux Kernel, and Roundcube Vulnerabilities: The US cybersecurity agency CISA on Wednesday raised the alarm on threat actors exploiting known vulnerabilities in GeoServer, the Linux kernel, and Roundcube Webmail. (SecurityWeek) -Technology- NSTR -Bitcoin Community- 1. El Salvador’s national Bitcoin chief has been orange-pilling Argentina: The appointed President of El Salvador’s newly created National Commission of Digital Assets (CNAD), Juan Carlos Reyes who was introduced to Bitcoin in 2013, it was a mission that he had been on from an early age. There have been considerable upsides to El Salvador embracing Bitcoin, with the South American nation’s almost 6,000 Bitcoin stack benefiting from the surge in Bitcoin prices, as well as a surge of “crypto tourists” who have come to El Salvador to see things for themselves. But it has not been smooth sailing since El Salvador decided to accept Bitcoin as legal tender, with international bodies fighting the move. (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 40/100 (Down 6 pts) Analyst Comments (AC): Some days the news simply highlights the struggle between centralized and decentralized power. The livestock tax in Denmark, CBDCs worldwide, and of course the US Presidential debate tonight all show the human nature to gather more and more power from others. Meanwhile, efforts such as grassroots protests, decentralized ledgers and freedom technology all show humanity's desire to self-regulate with liberty to choose what's best for them. The doctrines and methods of power accumulation are well known and tested, while those of decentralized power continue to evolve and strong proponents are few. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 849,561 DTG/ICOD: 0800EST 26Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Kenyan Police Deploy to Haiti / Ultra-Orthodox Now Drafted in Israel / 12-Year Old Girl Killed by Venezuelan Immigrants in Houston / Congress Says CIA Interfered in 2020 Election / Bitcoin Proposed as Tax Payment in US Bill / White House Hires Crypto Advisor / Thailand Applies for BRICS Membership / 'Wrench Attacker' Convicted in NC / Metallica's X Account Hacked for Crypto / Bitcoiner Donates 8 BTC For Assange Debts Market Data: Price: 1 BTC= $61,455, 26.54 oz Gold, .14 Median US House 24hr Hi: $62,434 / Lo: $60,968 Vol: $26B (Down 31%) Mkt Cap: $1.21T (Up 1%) HashRate: 529 EH/s Avg Fee Rate: 26 sats/vBtye (Up 32%) Nodes: 19,291 ---Reports--- -International Events- 1. Haitians wary as Kenyan police arrive on latest US-backed mission: Hundreds of Kenyan police officers have arrived in Haiti as part of a US-backed security intervention aiming to rescue the Caribbean country from a criminal insurrection that toppled the prime minister and brought death and chaos to the streets. Kenyan news reports suggest they will be responsible for defending key infrastructure including the airport, the port, the presidential palace, and the gang-controlled highways connecting the besieged capital with the rest of Haiti. (TheGuardian) 2. Israel's Supreme Court rules ultra-Orthodox men must serve in military in unanimous decision: Ultra-Orthodox men have long been exempt from the draft, which is compulsory for most Jewish men and women. Critics, however, say the bill was proposed before the war and does not do enough to address the shortage of forces as the army attempts to maintain its troops in the Gaza Strip while also preparing for potential war with Hezbollah in Lebanon. (Fox) -US Events- 1. Killing of Texas Girl Becomes a New Immigration Flashpoint: The killing of a 12-year-old Houston girl, found last week in the shallow water of a city drainage ditch after having been raped and strangled, was already a horrific crime. Investigators arrested two recent Venezuelan migrants and charged them with killing the girl, Jocelyn Nungaray. The second of the two appeared in court on Tuesday; both were being held on a $10 million bond. (NYT) 2. Congressional Report: CIA Interfered in 2020 Election, Colluded with Biden Campaign to Discredit Hunter Biden Laptop Story: In 2020, 51 ex-spies signed an infamous letter that called reporting on Hunter’s laptop “Russian disinformation” ahead of the election. Current Secretary of State Antony Blinken allegedly coordinated the story for political purposes. The House Judiciary report on Monday alleged three key facts about the CIA’s involvement in the 2020 election: 1. High ranking CIA officials, up to and including then-CIA Director Gina Haspel, were made aware of the Hunter Biden statement prior to its approval and publication. 2. Some of the statement’s signatories, including Michael Morell, were on active contract with the CIA at the time of the Hunter Biden statement’s publication. 3. After publication of the Hunter Biden statement, CIA employees internally expressed concern about the statement’s politicized content, acknowledging it was not “helpful to the Agency in the long run.” (Breitbart) -Regulatory and Legal- 1. Bitcoin As Federal Tax Payment Method? Congressman Presents New Legislation: Republican Congressman Matt Gaetz is set to introduce a new bill allowing federal income tax payments to be made using Bitcoin (BTC). Gaetz believes that by allowing taxpayers to utilize Bitcoin for their federal tax obligations, the country can foster innovation, enhance efficiency, and provide greater flexibility to American citizens. This move by Gaetz follows his recent visit to El Salvador to attend President Nayib Bukele’s second inauguration, where the country became the first nation to adopt Bitcoin as legal tender. (Bitcoinist) (AC- Contentious issue that requires sound debate.) 2. White House Rehires Adviser Who Helped Develop Biden's Executive Order on Crypto: The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S. Treasury’s FinCEN, leading efforts on cybersecurity and virtual currency policy. (BitcoinCom) (AC-The Biden team is building a cryptocurrency plan for the election.) -Institutional Concerns- 1. Market eyes max pain prices as $6.6 billion BTC and $3.4 billion ETH options expiry nears: On June 28, BTC options worth $6.6 billion will expire. Deribit data reveals a put/call ratio of 0.53, indicating a bullish sentiment, with total open interest roughly around 107,000 BTC—70,000 in calls and 37,000 in puts. (CrytoSlate) -Central Bank Digital Currencies (CBDC)- 1. BRICS attracts more cross border CBDC proponents with Thailand’s application: Thailand has applied for BRICS membership. The country initiated the mBridge cross border central bank digital currency project along with Hong Kong. Apart from Hong Kong, all other central bank mBridge members are also part of BRICS — China, the UAE, and Saudi Arabia. (LegderInsights) -Economic Indicators- 1. Dollar at 2-Month High: The dollar index edged up to 105.8 on Wednesday, a high level not seen in about two months, as traders assess the monetary outlook while digesting comments from Fed officials and awaiting the key PCE inflation on Friday. (TradingEconomics) 2. US Home Prices Rise More Than Expected: The S&P CoreLogic Case-Shiller 20-city home price index in the US rose 7.2% yoy in April 2024, easing from an upwardly revised 7.5% increase in March, but above forecasts of 6.9%. (TradingEconomics) -Security Incidents and Concerns- 1. Florida man convicted in cryptocurrency theft home invasions: A federal jury in Greensboro, North Carolina, has convicted Remy St. Felix, 24, of West Palm Beach, Florida, of leading multiple violent home invasions aimed at stealing victims’ cryptocurrencies. St. Felix and his conspirators carried out home invasions across multiple states, including North Carolina, Florida, Texas and New York. Between December 2022 to July 2023, the crime gang used physical violence, kidnapping and threats to intimidate their victims, forcing them to access and transfer their crypto holdings to the perpetrators. One notable incident occurred on April 12, 2023, when St. Felix and his accomplice forcibly entered a home, zip-tied their victims and demanded access to their crypto accounts. (CoinTelegraph) (AC-These so-called 'wrench attacks' are not just theoretical, but an actual threat to bitcoiners. Learn the skills of misdirection, multisig, and low-profile presence in order to deter and defeat a tactic that is sure to increase over time. Also be sure to increase your kinetic force skills and practices to defend your home and family. 2. Metallica’s X account hacked to promote crypto token: The official X account for heavy metal band Metallica was hacked, with the exploiters using the breach to promote a Solana token with the ticker METAL. Metallica’s team appears to have regained control of the account and has deleted all posts mentioning the token. (CoinTelegraph) (AC-Scammers have learned well that this scam pays off. Hack a celebrity social media account and pump an unknown token for a quick ride and cash out, or to misdirect the money to a scammer account.) -Technology- 1. Cybersecurity Experts are Recommending Passwords Should at Least be 16 Characters Long: According to sources citing Keeper Security experts, a password should contain at least 16 characters. Studies previously revealed that over 45% of passwords can be cracked in less than 60 seconds. (TechTimes) -Bitcoin Community- 1. Bitcoiner contributes to Julian Assange’s freedom, pays $500K debt in BTC: Assange is required to pay $520,000 to the Australian government for the “forced” chartering of flight VJ199 to travel to Saipan and Australia. The donation link was posted by Stella Assange on June 25, and within 10 hours, an anonymous Bitcoiner paid over 8 Bitcoin to the fund, almost clearing the goal of $520,000. He has also received over 300,000 British pounds ($380,000) in fiat donations so far. (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 46/100 (Up 15 pts) Analyst Comments (AC): Read up on the most recent attacks against digital asset holders above. Learn to defend yourself as these attacks will certainly increase in number and sophistication. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
Join Bitcoin Veterans LIVE Thursday night at 7pm ET The guys will recap the Bitcoin Park range day and open house, as well as bring you the latest in current events with their unique perspective Join us and #GetOnTheMission image