BTC Daily Intelligence Bulletin (DIB) Block: 870,132 DTG/ICOD: 1200Z 13Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US Navy Defeats Complex Houthi Attack / Amsterdam Faces Another Night of Violence / SecState Urgently Meets With NATO / Trump Announces Contentious Cabinet Appointments / CACI Gets Hit With Torture Fines / Rick Scott Gains Momentum for Majority Leader / Brazil Opens up TradFi to Crypto / US Fed Governor Says No Need for CBDC / Genius Group Announces BTC Treasury / Hedgers Shifting from Gold to BTC / BTC OP_Next BitDevs to Design Scalability of Bitcoin Market Data: Price: 1 BTC= $89,057, 34.05 oz Gold, .21 Median US House 24hr Hi: $89,915 / Lo: $85,155 Vol: $100B (Down 37%) Mkt Cap: $1.76T (Up 4%) HashRate: 729 EH/s Avg Fee Rate: 16 sats/vBtye (Up 100%) Nodes: 18,815 ---Reports--- -International Events- 1. US Navy Destroyers Defeat Complex Houthi Attack in Strategic Red Sea Strait: Two US Navy destroyers successfully intercepted multiple Houthi-launched weapons, including 8 drones, 5 ballistic missiles, and 3 cruise missiles in the Bab el-Mandeb Strait. No damage or injuries were reported. The attacks have halved shipping through this vital waterway that typically handles $1 trillion in annual trade, while UN experts allege Houthis may be extorting $180 million monthly for safe passage. (Ground) 2. Amsterdam fears another night of unrest as it grapples with antisemitism and violence: Amsterdam police were bracing for yet another night of unrest on Tuesday as the Dutch capital grapples with antisemitic violence that started with attacks against visiting Israeli football fans last week. Most protests have been banned and police presence have been beefed up across the city, but the violence has not eased. (CNN) 3. Blinken In Brussels As Trump Win Raises Alarm Over Ukraine: US top diplomat Antony Blinken will meet with NATO and EU officials Wednesday to urgently discuss ramping up support for Ukraine before Donald Trump reclaims the White House -- potentially jeopardizing future aid. (IBTimes) -US Events- 1. Trump Appoints Elon Musk and Vivek Ramaswamy to Lead New 'Department of Government Efficiency': Ramaswamy has a history of reducing government waste, making it a key policy for his campaign, while Musk has lucrative government contracts that raise conflict of interest questions. Trump stated that they will provide "advice and guidance" to drive structural reform, aiming for an unprecedented entrepreneurial approach to government. (TheNational) 2. Other Trump Appointments: Pete Hegseth for Sec. of Defense, John Ratcliffe for CIA Director, Marco Rubio for Sec. State, Mike Huckabee for Israel Ambassador, Kristi Noem for Sec. of DHS, Mike Waltz for Security Advisor, Scott Bessent for Sec. of Treasury, Elise Stefanik for Ambassador to the UN, Steven Witkoff for Mideast Envoy, 3. US defense contractor to pay former Iraqi detainees $42 million for its role in torture at notorious Abu Ghraib prison: A federal jury on Tuesday awarded a total of $42 million to three Iraqi men who endured torture at Baghdad’s Abu Ghraib prison over two decades ago –– holding a US government contractor accountable for contributing to the abuse. The ruling stems from a lawsuit filed on behalf of former detainees in 2008 against Virginia-based defense company CACI Premier Technology Inc. (CNN) 4. Rick Scott gains new Senate endorsements out of candidate forum on eve of leader election: Sen. Rick Scott, R-Fla., earned two more endorsements following what Republican senators described as a wide-ranging discussion with the three candidates to succeed outgoing Senate Minority Leader Mitch McConnell, R-Ky. (Fox) -Regulatory and Legal- 1. Brazil Prepares to Let Tradfi Institutions Embrace Crypto: The Central Bank of Brazil is preparing to open the cryptocurrency market to traditional finance institutions, which will be able to operate in this industry with clarity after the enactment of the upcoming regulation. Small crypto startups might face challenges in regularizing their situation due to the high bar this framework will impose. (BitcoinCom) -Central Bank Digital Currencies/World Currencies- 1. Fed Governor Waller: No Need for CBDC: The private sector should lead the evolution of payments, while the Federal Reserve should be ready to solve problems that can’t be handled by the private sector alone, Federal Reserve Governor Christopher J. Waller said Tuesday (Nov. 12). “In more than three years, I have yet to hear a satisfactory answer as applied to CBDC,” Waller said in his Tuesday speech. (pymnts) -Institutional Concerns- 1. AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy: Artificial intelligence firm Genius Group Limited surged 66% in a day after committing to a MicroStrategy-emulating “Bitcoin-first” strategy — which will see the cryptocurrency become its primary treasury asset. The play will involve committing 90% or more of the company’s current and future reserves to be held in Bitcoin starting with a $150 million at-the-market offering to acquire an initial target of $120 million in Bitcoin. (CoinTelegraph) (AC-Institutions continue to adopt the Bitcoin store of value (SOV) strategy pioneered by MicroStrategy. The SOV phase will continue to accelerate as both nation-states, institutions, companies and investors realize benefits the best digital asset available.) -Economic Indicators- 1. Bitcoin's correlation to gold hits 11-month low amid capital reallocation: Since the U.S. presidential election, gold has dropped by 5% while bitcoin has surged by over 20% — highlighting a shift in the correlation between these two assets. Some analysts suggest that capital is moving out of gold and into bitcoin as investors reevaluate their safe-haven strategies. (TheBlock) 2. Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024. (CoinDesk) -Security Incidents and Concerns- 1. South Korea arrests 215 individuals in $232 million crypto fraud scheme: The scam took place between December 2021 and March 2023. It lured investors with a “private sale” based on “advanced information” on unlisted cryptocurrencies that guarantee high returns, selling 28 different kinds of fraudulent crypto tokens to defraud $232 million. (TheBlock) -Technology and Science- 1. Donald Trump's US 'Crypto Capital' Future to Bring More Politicians Sharing the Same Mindset: The Washington Post reported that Donald Trump is now evaluating "pro-crypto" candidates who will soon be given important roles in the United States government that will help expand more of cryptocurrency's adoption in the country. It was revealed that there are already several candidates for the positions, with them being known for their support and affiliations with the crypto industry. (TechTimes) -Bitcoin Community- 1. ‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto: Most of the world focuses on bitcoin (BTC)’s zipping price. Not so for the 100-odd bitcoiners who gathered at Fidelity Investments’ headquarters over the weekend. “This is about getting bitcoin to the next billion people,” said Will Foxley, emcee of OP_NEXT, what he claimed was the first bitcoin scaling conference in five years. OP_NEXT is the newest anomaly on crypto’s overstuffed conference circuit. It's got none of the retail-friendly bravado of Bitcoin Nashville. Instead, dozens of hoodie-wearing coder boys (and a handful of women) debated improvements that might make bitcoin more useful, usable, and even resilient against faraway problems that could one day upend the world’s most valuable cryptocurrency. (CoinDesk) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 84/100 (Up 4 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
Get ready for the best damn interview you’ll watch all year!! Bitcoin Veterans sat down with @preston and had a very serious talk about military service, AI, the American Empire, and of course #Bitcoin!
Really cool conversation with Brandon from @Bitcoin Trading Cards at @npub18c6f...yyww Pleb Party in Nashville You really need to see these cards to appreciate how amazing they are
We could have talked with @Sourcenode for hours! Such a good conversation with him at @npub18c6f...yyww Pleb Party
We had a great conversation with Dani from Bitcoineando at @npub18c6f...yyww Pleb Party in Nashville Check out her content on YouTube @Bitcoineando
BTC Daily Intelligence Bulletin (DIB) Block: 869,847 DTG/ICOD: 1200Z 11Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Moscow, Kiev Trade Drone Strikes / Qatar Halts Gaza Peace Efforts / 6.8 EQ Hits Cuba / Trump Names Border Czar / Rare Wildfire Hits NJ, NY / DOJ Jails 'Bitcoin Fog' Founder / Mt Gox Moves $2.8B in BTC / MicroStrategy up over 100%, Buys More Today / Bitcoin Over $80K, New ATH / Stocks Soar Last Week / Wrench Attack in Thailand Nets $250K / Russian Hackers Target South Korea / FTX Sues Binance Market Data: Price: 1 BTC= $81,489, 30.87 oz Gold, .19 Median US House 24hr Hi: $82,490 / Lo: $78,537 Vol: $79B (Up 37%) Mkt Cap: $1.62T (Up 2%) HashRate: 727 EH/s Avg Fee Rate: 11 sats/vBtye (Up 360%) Nodes: 18,868 ---Reports--- -International Events- 1. Moscow targeted as Ukraine and Russia trade huge drone attacks: Russia's defense ministry said it intercepted 84 Ukrainian drones over six regions, including some approaching Moscow, which forced flights to be diverted from three of the capital's major airports. Ukraine's air force said Russia launched 145 drones towards every part of the country on Saturday night, with most shot down. The Ukrainian air force said 62 of Russia's Iranian-made drones were shot down, while 67 were "lost". A further 10 left Ukraine's airspace heading back towards Russia, as well as neighboring Belarus and Moldova, it added. (BBC) 2. Qatar suspends Gaza mediation efforts: Qatar says it has suspended its mediation efforts between Israel and Hamas after a lack of progress in reaching a ceasefire deal for Gaza. (ALJazeera) (AC-Pain is the only stimulus that leads to actual conflict resolution.) 3. 6.8 magnitude earthquake shakes Cuba after hurricanes and blackouts: An earthquake with a preliminary magnitude of 6.8 shook eastern Cuba on Sunday, after weeks of hurricanes and blackouts that have left many on the island reeling. The blackouts and wider discontent among many struggling to get by has stoked small protests across the island. (ABC) -US Events- 1. Trump Taps Former ICE Director Tom Homan As 'Border Czar' "I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation's Borders ("The Border Czar"), including, but not limited to, the Southern Border, the Northern Border, all Maritime, and Aviation Security," Trump wrote on Truth Social. (ZeroHedge) 2. Fire at New Jersey-New York border still uncontrolled after burning over 2,500 acres: Rain was falling across the Northeast on Sunday afternoon, bringing a much-needed assist to firefighters battling a major wildfire straddling the border of New Jersey and New York. While Saturday marked 42 days without any measurable rainfall in the city of Philadelphia, and the driest streak in New York City history, many cities throughout the Northeast were expecting to see measurable rainfall on Sunday. (ABC) -Regulatory and Legal- 1. DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service: The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: "A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet." (BitcoinCom) 2. Mt. Gox Trustees Move $2.4 Billion in Bitcoin to New Wallets: Arkham data reveals that defunct exchange Mt. Gox transferred $2.4 billion in Bitcoin to two wallets, including a new one and a cold wallet. The move coincides with Bitcoin surpassing $81,000, with trustees consolidating their BTC holdings before a potential sale on exchanges. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%: MicroStrategy’s 252,200 Bitcoin is now worth $20.5 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” The Bitcoin-stacking firm bought Bitcoin 42 times at a dollar cost average of $39,292. (CoinTelegraph) (AC-MSTR just bought more, see below) 2. MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%: MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion. Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company. (CoinGape) 3. BlackRock's Bitcoin ETF Just Passed Its Gold Fund in Assets: BlackRock's iShares Bitcoin Trust ETF (IBIT) has surpassed its iShares Gold ETF (IAU) in net assets, with $33.17 billion in value. This achievement is notable as the Bitcoin product has only been around since January, while the gold ETF has been offered since 2005. (Decrypt) -Economic Indicators- 1. Bitcoin Soars Above $80,000 on Trump Boost: Bitcoin surged past $80,000 on Monday, reaching new all-time highs, as the prospect of a more favorable regulatory environment under a Donald Trump presidency and a Republican-led Congress sent crypto prices soaring. (TradingEconomics) 2. S&P 500, Dow Close at New Records: US stocks continued their upward momentum to close at records on Friday, buoyed by optimism surrounding Donald Trump’s victory and a favorable interest rate cut from the Federal Reserve. The S&P 500 gained 0.4% to notch a new record, after surpassing the 6,000 threshold during the session. The Dow also closed at record high, adding 259 points, reaching 44,000 for the first time, while the Nasdaq booked marginal gains. The best-performing sectors were utilities, real estate, and consumer staples, while materials lagged. Tesla’s stock jumped 8.2% to $321.22, as the company achieved a trillion-dollar valuation for the first time in over two years. (TradingEconomics) -Security Incidents and Concerns- 1. Ukrainian Man Falls Victim to $250,000 Crypto Robbery in Thailand: A Ukrainian man has become the latest crypto holder to fall victim to a “$5 wrench attack” after being robbed of 250,000 in USDT. According to a recent report by English-language local news outlet Bangkok Post, 23-year-old Viacheslav Leibov was invited into a hotel room by his 18-year-old Ukrainian friend Alfred Chernyshuk on Friday. The alleged crime took place when the would-be victim decided to make use of the toilet, where he found two men with their faces covered waiting for him. The pair tied his limbs with ropes and cable ties and ordered him to transfer 500,000 in the stablecoin USDT to a specific wallet—or else they would break his fingers. Grigoryan held a hammer, while one of the masked men had a long knife in his hands. (Decrypt) 2. Pro-Russia Hackers Target South Korea After North Korean Troops Join Kremlin's Fight in Ukraine: Recently, a Russian hacking group launched cyberattacks on South Korea's critical infrastructure. According to official news agencies, such a move serves as a response to Seoul's proposal to send military experts to Ukraine to trace North Korean troops who are allegedly assisting Russia's war efforts in the country. (TechTimes) -Technology and Science- NSTR -Bitcoin Community- 1. FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage: Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1.8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. (Cryptoslate) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 76/100 (Even) Analyst Comments (AC): Thank you to all Veterans for your service to our Country. Now get on the new mission and learn about Bitcoin and how it fixes a lot of the problems you wanted to fix with your service, just more peacefully. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,428 DTG/ICOD: 1200Z 08Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israeli Soccer Fans Attacked in Amsterdam / EU Wrestles With Trump Angst / Newsom Asks for Trump Defense Funds / Susie Wiles Named Trump Chief of Staff / 43 Monkeys Escape Lab in SC / Powell Says "Not Leaving" / 1 Billion in Harris Funds Gone Smells Like Scandal / Detroit Largest City to Accept Bitcoin For Taxes / Another High for BTC ETFs / Fed Lowers Rate 25 BPS / Stocks Higher / Two Crypto Wrench Ransom Attacks / Block Moves Away from Web5 to BTC Mining Market Data: Price: 1 BTC= $76,047, 28.25 oz Gold, .18 Median US House 24hr Hi: $76,943 / Lo: $74,602 Vol: $59B (Down 11%) Mkt Cap: $1.50T (Up 2%) HashRate: 712 EH/s Avg Fee Rate: 3 sats/vBtye (Up 50%) Nodes: 18,954 ---Reports--- -International Events- 1. Israel sends rescue planes after football fans attacked by mob in Amsterdam: Rioters "actively sought out Israeli supporters to attack" after a football match in Amsterdam as Israel said it was sending planes to the Dutch capital to fly fans home. An unknown number of Israeli supporters were injured in the violence on Thursday night that was condemned by the leaders of both the Netherlands and Israel as antisemitic. Dutch police said five people have been taken to hospital with injuries. Israeli prime minister Benjamin Netanyahu ordered two rescue planes to be sent to Amsterdam after the violence erupted. (IndependentUK) 2. 50 world leaders meet to strategize on how to deal with Trump: Donald Trump’s election win prompted renewed proclamations about the need for unity and autonomy at a gathering of European leaders in the Hungarian capital on Thursday, but beyond the glare of the cameras, there was agitation. At the E.U. and NATO headquarters in Brussels, policymakers have fretted all year about whether Trump could withdraw U.S. support for Ukraine in its war with Russia and upend the Western military alliance that underpins European security. (WaPo) -US Events- 1. Newsom calls special session to fund California’s legal defense against Trump: Gov. Gavin Newsom on Thursday convened a special session of the Legislature, seeking to increase legal funding to protect California policies — on civil rights, climate change, abortion access and disaster funding — from an anticipated conservative federal agenda. (LATimes) 2. Trump picks Susie Wiles as White House chief of staff, first woman ever in the role: "Susie Wiles just helped me achieve one of the greatest political victories in American history, and was an integral part of both my 2016 and 2020 successful campaigns," Trump said in a statement. "Susie is tough, smart, innovative, and is universally admired and respected. (CBS) 3. 43 monkeys escape South Carolina research facility; police warn residents to secure doors and windows: The primates broke loose from a Alpha Genesis facility in Beaufort County and as of early Friday, there was no indication the fugitive monkeys had been captured. Authorities said the primates were "very young females weighing approximately 6-7 lbs" and had never been used for testing due to their age. (CBS) 4. US Fed Chair Says Will Not Leave Early If Asked By Trump: Speaking at a press conference after unveiling a quarter point interest rate cut, Powell -- whose term as Fed chair ends in 2026 -- added that firing any of the Fed's seven governors was also "not permitted under the law." If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. (IBTimes) 5. Senior Harris Advisor Deletes X Account As "Massive Scandal" Brews Over $20 Million In Campaign Debt: Former senior Obama advisor-turned-senior Kamala Harris advisor David Plouffe has deleted his X account after suggesting on Wednesday that Harris' landslide defeat was Joe Biden's fault for not dropping out soon enough, and right as a massive campaign debt scandal erupts. (ZeroHedge) -Regulatory and Legal- 1. Detroit to Accept Bitcoin and Ethereum for Taxes, Embraces Blockchain for Economic Growth: Detroit plans to accept popular cryptocurrencies like Bitcoin and Ethereum for tax payments starting mid-2025, aiming to boost economic growth and promote financial inclusivity. The initiative aligns with the city's strategy to modernize services and embrace blockchain technology. (Decrypt) -Central Bank Digital Currencies/World Currencies- NSTR -Institutional Concerns- 1. BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high: On Nov. 7, BlackRock’s spot Bitcoin ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data. (CoinTelegraph) 2. Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand: The Coinbase Premium Index, a critical metric that tracks the difference between BTC’s price on Coinbase and other exchanges, turned positive for the first time since October 18th, signaling a shift in market dynamics and the return of strong buying interest in the US market. (BItcoinist) -Economic Indicators- 1. Fed Lowers Rates by 25bps as Expected: The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations. (TradingEconomics) 2. S&P 500, Nasdaq Extend Records After Fed Decision: Stocks in the US mostly higher on Thursday, building on the rally sparked by the presidential election in the previous session, following the Federal Reserve's widely anticipated 25bps rate cut. The S&P 500 gained 0.7% and the Nasdaq rose by 1.5%, both hitting new records. (TradingEconomics) 3. US Initial Jobless Claims Edge Higher as Expected: The number of individuals filing for unemployment benefits in the US edged higher by 3,000 from the previous week to 221,000 in the last week of October, aligned with market expectations. Despite the slight increase, the count remained well below averages from earlier in the month, continuing to point to some degree of resilience in the US labor market. (TradingEconomics) -Security Incidents and Concerns- 1. WonderFi CEO Safe After Paying $720,000 Ransom to Kidnappers: Police are investigating the high-profile abduction of Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, who was forcibly taken near University Avenue and Richmond Street on Wednesday evening. Unknown suspects forced Skurka into a vehicle during rush hour, demanding $720k ($1 million Canadian dollars) ransom for his release. The ransom was paid electronically, and Skurka was found safe in Centennial Park, Etobicoke, hours later. (Decrypt) (AC-MultiSig might've stopped this.) 2. France's Schneider Electric Faces $125,000 Ransom Demand: Pay in Monero or Baguettes: Schneider Electric, a French multinational corporation, is being targeted by ransomware group Hellcat, demanding payment in baguettes or $125,000 in crypto to prevent the leak of 40GB of stolen data. The group is known for infiltrating sensitive information and has a history of cyberattacks on the company. (Decrypt) -Technology and Science- 1. Jack Dorsey's Block to prioritize bitcoin mining and wind down decentralized tech arm TBD: Block said in its third-quarter shareholder letter on Thursday that the bitcoin mining initiative has a “strong product market fit” and a “healthy pipeline of demand.” With its commitment to bitcoin mining, Block said it will scale back investments in music streaming app Tidal and wind down TBD, which is its business arm focused on developing the decentralized web platform it had dubbed “Web5.” (TheBlock) -Bitcoin Community- 1. Galaxy Digital’s Next Chapter: Trading Bitcoin Mining for AI Computing: Galaxy Digital announces plans to potentially convert its 800-megawatt Helios mining facility to AI computing operations while reporting decreased Bitcoin production and mining revenue in Q3 2024. (Blockonomi) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 2 pts) Analyst Comments (AC): Some days the news is as strange as fiction. Escaped monkeys, French Baguettes, missing campaign money and more... Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 869,117 DTG/ICOD: 1200Z 07Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: German Coalition Government Collapses / Aussies Want to Ban Social Media for Kids / Russia Drone Swarms Kyiv / Xi Wants to 'Get Along' With Trump / Trump's Legal Issues to Dissolve / 9-11 Conspirators To Not Face Death Penalty / Harris Campaign Blew Through $1B and Ended with $20M in Debt / Sen Lummis Says Time to Build Bitcoin Reserve / Ohio Gets New Crypto-Friendly Senator / BRICS Rises / BTC ETFs Break Records / Stocks Best Day Since 2022 / NK Hackers Target Crypto Firms With MacOS Market Data: Price: 1 BTC= $74,802, 27.90 oz Gold, .17 Median US House 24hr Hi: $76,460 / Lo: $73,571 Vol: $67B (Down 36%) Mkt Cap: $1.48T (Up 1%) HashRate: 720 EH/s Avg Fee Rate: 2 sats/vBtye (Down 66%) Nodes: 19,317 ---Reports--- -International Events- 1. German chancellor fires finance minister, collapsing coalition government: In a televised address, Chancellor Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.” The firing came after days of political negotiation between the key members of Germany’s ruling “traffic light” coalition government – Scholz of the Social Democratic Party, Lindner of the Free Democratic Party, and Robert Habeck of the Green Party. (CNN) 2. Australia plans a social media ban for children under 16: The legislation will be introduced in Parliament during its final two weeks in session this year, which begin on Nov. 18. The age limit would take effect 12 months after the law is passed. (AP) 3. Russia Bombards Kyiv with Swarm of Drones, Striking Hospital, High-Rises, and Industrial Sites: Throughout the eight-hour assault, Kyiv residents reported explosions across the city, and air defense systems were active. Kyiv Post reporters across the city noted loud blasts as drone debris fell in four districts. (KyivPost) 4. US And China Must 'Get Along', Xi Tells Trump: In his first message to Trump since the former president secured a second term, Xi said "history has shown that China and the United States benefit from cooperation and suffer from confrontation" "A stable, healthy and sustainable China-US relationship is in the common interest of both countries and is in line with the expectations of the international community," Xi said. He called for Washington and Beijing to "strengthen dialogue and communication" and "properly manage differences". (IBTimes) (AC-Xi trying to set the tone for the coming negotiations.) -US Events- 1. Trump's victory likely upends all the criminal cases against him: Justice Department officials have already begun evaluating how to wind down the two federal cases against Trump before he takes office in order to comply with department policy that a sitting president can’t be prosecuted. (NBC) 2. Military judge overrules defense secretary and says plea deals for alleged 9/11 conspirators are valid: A military judge ruled on Wednesday that plea agreements between the alleged 9/11 conspirators at Guantanamo Bay and the US government are “valid and enforceable,” a defense official told CNN – roughly three months after Defense Secretary Lloyd Austin revoked the deals. The ruling allows for the plea deals to go forward and could mean the men will eventually be sentenced to life in prison and avoid death sentences. (CNN) 3. Kamala Harris Campaign Fell $20 Million in Debt in Final Week: A Kamala campaign staffer confirmed to Breitbart News that the reports that Harris’s campaign was “$20 million” in debt “is real,” adding that Jen O’Malley Dillon, the Harris campaign chair reportedly “blew through a billion dollars in a few months.” The concerts that the Harris campaign held with celebrities such as Katy Perry, Lizzo, Eminem, and Bruce Springsteen were reportedly “all Jen’s idea,” the campaign staffer explained. “Jen blew through a billion dollars in a few months, and it was all Jen’s idea to do all the concerts,” the campaign staffer said. (Breitbart) -Regulatory and Legal- 1. Pro-Bitcoin Senator Proclaims US Will Establish $BTC Reserve After Trump Win: Donald Trump's sweeping victory in the U.S. elections has led to widespread celebrations across the cryptocurrency community, and many were particularly drawn to Republican Sen. Cynthia Lummis of Wyoming's post regarding Bitcoin. About an hour after posting the laser eyes meme photo, Lummis made the big announcement: "We are going to build a strategic Bitcoin reserve," she wrote. If Lummis's statements during the BTC Conference are to go by, the United States will "convert excess reserves at our 12 federal reserve Banks into Bitcoin over five years." She noted that the said strategy should help "cut our debt in half by 2045." The U.S. has a staggering $35 trillion debt. (IBTimes) 2. Crypto Advocate Bernie Moreno Takes Ohio Senate Seat, Vows Regulatory Clarity: As chair of the Senate Banking Committee, Incumbent Brown held considerable sway over digital currency legislation, making Moreno’s win a pivotal development for the industry, especially in Ohio. Moreno’s advocacy includes the establishment of a national Bitcoin reserve and initiatives aimed at regulatory certainty. Furthermore, Moreno’s credentials in the blockchain space extend beyond politics. As the owner of Bernie Moreno Companies, a group with investments in blockchain technology, Moreno has a vested interest in the industry’s growth. He was also a co-founder of Blockland Cleveland, an initiative to promote blockchain adoption in the local economy. (Bitcoinist) -Central Bank Digital Currencies/World Currencies- 1. The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse: BRICS, an economic alliance of Brazil, Russia, India, China, and South Africa, recently expanded to include six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). With these additions, BRICS aims to increase its economic and political leverage. The economic bloc has also invited 13 nations to join as partners. Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia is not attempting to undermine the U.S. dollar, but instead is committed to protecting its own national interests. “We are not attempting to defeat the dollar and it is not needed to attempt to have the victory over it. (BitcoinCom) -Institutional Concerns- 1. BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded: In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on Nov. 6. “For context that’s more volume than stocks like Berkshire, Netflix, or Visa saw today. It was also up 10%, its second-best day since launching, “ he added. (CoinTelegraph) -Economic Indicators- 1. US 10-Year Yield Holds Steady Ahead of Fed Decision: The yield on the 10-year US Treasury note held steady around 4.43% on Thursday, near a four-month high, as investors prepared for the Federal Reserve's upcoming policy decision. The Fed is widely expected to cut interest rates by 25 basis points later today, with traders looking for signals on whether another cut will follow in December. (TradingEconomics) 2. US Stocks Close at Record Highs After Trump's 2024 Election Victory: Wall Street's major indices closed at record highs on Wednesday after Donald Trump won the 2024 presidential election, defeating Kamala Harris. The S&P 500 rose 2.5%, the Nasdaq jumped 2.9%, and the Dow Jones soared 1,507 points, or 3.6%, marking its strongest session since 2022. Investor optimism is fueled by expectations that a second Trump administration will bring pro-business policies such as tax cuts, deregulation, and tariffs, which are expected to boost economic growth and corporate earnings. (TradingEconomics) -Security Incidents and Concerns- 1. North Korean Hackers Target Crypto Firms with Hidden Risk Malware on macOS: A threat actor with ties to the Democratic People's Republic of Korea (DPRK) has been observed targeting cryptocurrency-related businesses with a multi-stage malware capable of infecting Apple macOS devices. The activity "uses emails propagating fake news about cryptocurrency trends to infect targets via a malicious application disguised as a PDF file." (HackerNews) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Up 2 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: 869,117 DTG/ICOD: 1200Z 06Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Trump Wins Presidency, Fear, Uncertainty Continue Worldwide / Netanyahu Fires Defense Minister / Ukrainians Engage North Korean Soldiers / Sen Warren Wins Re-Election / Trump's Crypto Promises / South Korea Starts CBDC Trials / Bitcoin Hits New All Time High / US Stock Futures Soar / INTERPOL Take Down 22K Servers Worldwide / Riot's BTC Output Up Market Data: Price: 1 BTC= $73,962, 27.65 oz Gold, .17 Median US House 24hr Hi: $75,361 / Lo: $68,667 Vol: $105B (Up 155%) Mkt Cap: $1.46T (Up 8%) HashRate: 706 EH/s Avg Fee Rate: 6 sats/vBtye (Up 20%) Nodes: 19,216 ---Reports--- -International Events- 1. Trump: ‘I’m not going to start wars, I’m going to stop wars’: “I’m not going to start wars, I’m going to stop wars,” declares Republican US presidential nominee Donald Trump in his victory speech. “We had no wars, for four years we had no wars. Except we defeated ISIS,” Trump says. (TimesOfIsrael) 2. Netanyahu fires Israeli Defense Minister Yoav Gallant for 2nd time, citing trust 'crisis': Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant for the second time on Tuesday, citing a "crisis of trust" between the two amid Israel's ongoing war against Hamas in Gaza and Hezbollah in Lebanon. Netanyahu said he had no remaining trust in Gallant while Israel is still at war. He appointed Israeli Foreign Minister Israel Katz to take over the position, while Gideon Saar will succeed Katz. (USAToday) 3. Ukraine says it fought N Korean troops for first time: In an interview with South Korean broadcaster KBS, Ukrainian Defence Minister Rustem Umerov said a "small group" of North Korean soldiers were attacked. Ukraine leader Volodymyr Zelensky, who had earlier condemned the West's lack of response to the North Korean troops, said these "first battles with North Korea open a new chapter of instability in the world". (BBC) -US Events- 1. Donald Trump Wins the Presidency: Former President Donald John Trump is the winner of the 2024 presidential election, and will become the first person to win back the Oval Office after losing a reelection bid since Democrat Grover Cleveland in 1884 and 1892. Trump — the 45th and soon-to-be 47th president — secured a path to a 270-vote threshold in the Electoral College with a victory in Pennsylvania, one of the “blue wall” states he won in 2016, and where he campaigned vigorously throughout the campaign. (Breitbart) -Regulatory and Legal- 1. Elizabeth Warren Defeats Pro-Crypto Republican To Hang Onto Senate Seat: Massachusetts voters overwhelmingly reelected Democratic Senator Elizabeth Warren on Tuesday as she cruised to victory over Republican challenger John Deaton, a cryptocurrency proponent. Despite a spirited campaign, Warren was declared the winner shortly after the state's polls closed at 8 p.m. ET. Warren led by a convincing margin when the race was declared by the Associated Press. (IBTimes) 2. Donald Trump Wins the Presidency: Here's What It Means for Crypto: From the outset of his campaign, Trump vowed to loosen restrictions on digital assets and blockchain technology firms in the U.S. Trump has pledged to support the crypto industry by establishing a national Bitcoin reserve, backing U.S.-based mining, opposing a U.S. CBDC, and advocating for self-custody rights. Additionally, his family's recent venture, World Liberty Financial, signals a deepening commitment to the sector. (Decrypt) -Central Bank Digital Currencies/World Currencies- 1. Seven South Korean banks to participate in CBDC-driven pilot: The program, announced by the FSC in a Nov. 6 press release, aims to explore the potential of CBDCs in daily transactions. The participating banks, including KB, Shinhan, Woori, and Hana, will issue deposit tokens that represent digital assets backed by bank deposits, the press release reads. (CryptoNews) -Institutional Concerns- 1. Crypto investment products hit record annual inflows of $29 billion this year: Global crypto funds run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered net inflows of $2.18 billion last week, according to CoinShares, bringing year-to-date figures to a record $29.2 billion. (TheBlock) -Economic Indicators- 1. Bitcoin (BTC) Reaches $75,000 as U.S. Election Results Unfold: Bitcoin reached a historic milestone of $75,000 on November 5, 2024, as election results showed Donald Trump securing victories in key swing states. The cryptocurrency’s price movement coincided with Trump’s wins in North Carolina, Georgia, and Pennsylvania, marking a 7% increase that pushed Bitcoin beyond its previous record of $73,797.68 set in March. (Blockonomi) 2. US Futures Soar as Trump Wins Second Term: US futures soared on Wednesday, with contracts on the S&P 500 futures adding 2.1%, the Nasdaq 100 jumping 1.5% and the Dow Jones gaining by an impressive 1260 points as Donald Trump won the US Presidential election. (TradingEconomics) -Security Incidents and Concerns- 1. INTERPOL Disrupts Over 22,000 Malicious Servers in Global Crackdown on Cybercrime: Dubbed Operation Synergia II, the coordinated effort ran from April 1 to August 31, 2024, targeting phishing, ransomware, and information stealer infrastructure. "Of the approximately 30,000 suspicious IP addresses identified, 76 per cent were taken down and 59 servers were seized," INTERPOL said. "Additionally, 43 electronic devices, including laptops, mobile phones and hard disks were seized." (HackerNews) (AC-Global 'operations' such as this are indicative of mass surveillance conducted by law enforcement and intelligence agencies, often in violation to privacy laws and statutes worldwide. The more this becomes accepted, the less privacy individuals will maintain.) -Technology and Science- NSTR -Bitcoin Community- 1. Riot's Monthly BTC Output Up by 23%; Company Calls October Production 'New Post-Halving Milestone': Bitcoin mining giant Riot Platforms recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same month, Riot reported a 5% month-over-month increase in its bitcoin holdings, from 10,427 to 10,928. (BItcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Even) Analyst Comments (AC): Trump's win will usher Bitcoin into even more worldwide acceptance, with any effort at building a Bitcoin Reserve foremost among stimulants to Bitcoin adoption. The economic use of Bitcoin as a store of value has been proven and accepted by individuals and institutions, continuing to increase. As a medium of exchange and unit of account, Bitcoin still has a long way to go, but in this hyper-connected world this could happen quickly following the expected efforts of such a Bitcoin-friendly administration. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image
BTC Daily Intelligence Bulletin (DIB) Block: 868,981 DTG/ICOD: 1200Z 05Nov24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Election Day 2024 / NK Launches Missiles / Protests Continue in Georgia / 52 Nations Call for Israel Embargo / Indonesia and Russia Hold 1st Naval Drills / TN Man Arrested for Planning Drone Strike on Nashville Grid / Senate is in Play for Election / Who Might Replace Gary Gensler? / New Global Stablecoin / BTC ETFs Bleed a Half Billion / UK Pension Allocates to Bitcoin / Semler Scientific Buys Bitcoin Market Data: Price: 1 BTC= $68,709, 25.08 oz Gold, .16 Median US House 24hr Hi: $69,201 / Lo: $66,803 Vol: $41B (Up 16%) Mkt Cap: $1.36T (Down 1%) HashRate: 718 EH/s Avg Fee Rate: 5 sats/vBtye (Down 33%) Nodes: 19,285 ---Reports--- -International Events- 1. North Korea launches short-range ballistic missile hours before US election: It remains unclear whether North Korea fired only one missile or multiple. It is also unclear what type of missile it was or how far it flew. (Fox) 2. Thousands rally again in Georgia to protest the parliamentary election they say was rigged: Thousands of opposition supporters rallied outside Georgia’s parliament for the second straight Monday to denounce the Oct. 26 election as illegitimate after the ruling party was declared the winner amid allegations of vote-rigging helped by Russia. (AP) 3. Fifty two nations call for global arms embargo on Israel: The Foreign Ministry of Turkey sent the UN a letter signed by 52 nations and two organizations calling for a halt in military transfers to Israel, stating the Israeli army is committing genocide against Palestinians in Gaza. (TheCradle) 4. Indonesia and Russia hold first joint naval exercises: As Indonesia's new president, Prabowo Subianto, seeks to deepen ties with Russia, the Indonesian and Russian navies began five days of joint exercises in the Java Sea. (DW) -US Events- 1. Tennessee man arrested for allegedly plotting to attack Nashville energy facility: Skyler Philippi, 24, was arrested November 2 when he “believed he was moments away” from launching a drone armed with explosives at an electric substation in the Nashville area, according to a DOJ press release. He’s charged with attempted use of a weapon of mass destruction and attempted destruction of an energy facility. (CNN) (AC-Ukrainian war tactics come home.) 2. 5 races to watch that will decide control of the Senate: Senate Democrats are heading into Tuesday's elections facing the fight of their lives: defending a 51-49 majority with a map so formidable that Republicans have called it their best opportunity in a decade to gain ground. Montana, Ohio, Michigan, Pennsylvania and Arizona will determine the majority. (ABC) -Regulatory and Legal- 1. Meet the pro-crypto contenders who could replace SEC chief Gary Gensler: Hester Peirce: The “Crypto Mom” the industry wants, Chris Giancarlo: “Crypto Dad” of Bitcoin futures, Chris Brummer: The peaceful option for the Democrats, Paul Atkins: SEC commissioner with ties to Bush and Trump, Erica Williams: Balanced candidate for Harris, Heath Tarbert: The active CFTC chair, Robert Stebbins: The adviser close to Trump’s SEC chair, Dan Gallagher: The Federal Reserve critic. (CoinTelegraph) (AC-A simple list to start research on SEC chair options.) -Central Bank Digital Currencies/World Currencies- 1. New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies: The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei. (CoinDesk) -Institutional Concerns- 1. US Bitcoin, Ethereum ETFs Bleed Over Half A Billion Before Elections: US-listed spot Bitcoin ETFs bled a total of $541.1 million on Monday – Fidelity's $FBTC lost $169.6 million. All other spot Bitcoin ETFs in the United States saw outflows, except BlackRock's IBIT, Invesco's BTCO, and Wisdom Tree's BTCW. In fact, IBIT had a $38.4 million inflow, being the only U.S.-listed BTC ETF that had a positive flow on Monday. (IBTimes) 2. UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto: A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. (BitcoinCom) 3. Semler Scientific Acquires 1,050 Bitcoin and Plans to Buy More Despite Tough Q3: Semler Scientific, a medical device maker, has acquired over 1,050 BTC and plans to purchase more using cash from operations and sales. Despite a challenging Q3 with a revenue drop, the company remains focused on Bitcoin investments. (Decrypt) -Economic Indicators- 1. US Stocks Close Lower Ahead of Election and Fed Decision: Stocks in the US finished lower on Monday as investors braced for a high-stakes week featuring the presidential election and the Federal Reserve's policy decision. The S&P 500 and Nasdaq lost 0.3% each while the Dow dropped 257 points. (TradingEconomics) -Security Incidents and Concerns- 1. FBI Warns Public About Deceptive Videos Ahead of Election Day: The approach to the U.S. presidential election has seen an increasing level of disinformation, especially deepfake technology. This raises concerns regarding the impact on voters. To this end, the FBI has also indicated that such doctored videos and other forms of disinformation are being used to sway public perception and impact election security. (TechTImes) -Technology and Science- NSTR -Bitcoin Community- NSTR -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 5 pts) Analyst Comments (AC): Today is election day in the USA. The contentious and seemingly never-ending fighting over an executive level position (not king!) in the power-sharing system of the American political experiment reaches it's peak today. The system requires citizens to choose a side to cast a vote. Most humans hate being put into such airtight categories and are often more nuanced than simple blue or red. The same could be said for all conflict, including wars. Though we may celebrate the option to cast a vote instead of throwing lead, history teaches us that the latter option is the most prevalent, meaning the stakes are much higher for individuals and families. If and when the US experiment or global situations devolve, choosing sides becomes necessary for survival or moral imperative. The sooner one understands the choices available and commits, the better the outcome for those involved. Go vote today and prepare for tomorrow. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report image