BTC Daily Intelligence Bulletin (DIB) Block: 847,758 DTG/ICOD: 0800EST 13Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: US/Ukraine Sign 10-Year Security Deal / Argentina Protests Begin Against Austerity / Russia Exchange Stops Trading in USD / Houthis Begin Using Boats for Attack / Russian Ships Enter Havana / US House Holds AG Garland in Contempt / Trump Announces Support for Bitcoin Mining / Fed Says Only 1 Cut This Year / CPI Steady / Luma's New Video AI Outshines / Lightning Becoming De Facto Link / De-Dollarization Pieces Moving Into Place Market Data: Price: 1 BTC= $67,773, 29.36 oz Gold, .16 Median US House 24hr Hi: $69,977 / Lo: $67,028 Vol: $35B (Up 31%) Mkt Cap: $1.34T (Even) HashRate: 598 EH/s Avg Fee Rate: 25 sats/vBtye (Up 4%) Nodes: 18,970 ---Reports--- -International Events- 1. Biden, Zelensky to sign 10-year U.S.-Ukraine security deal at G-7 summit: The deal aims to commit future U.S. administrations to support Ukraine, even if former president Donald Trump wins November’s election, officials said. It will be a framework for a long-term effort by the United States to help develop Ukraine’s armed forces, which have innovated on drone warfare and other cutting-edge techniques in the fight against Russia, but are also desperately outgunned and in need of modern weapons. (WaPo) 2. Argentina: violent protests as senators back austerity measures of President Milei: Police in Buenos Aires have used water cannon and teargas to tackle violent protests as Argentina’s Senate narrowly voted to approve the first set of harsh austerity measures proposed by President Javier Miliei. (Guardian) 3. Moscow stock exchange stops trading in dollars and euros: The announcement came on the same day the United States introduced a new package of sanctions against Russia. Wednesday's package targeted Russia's financial infrastructure in an attempt to limit the amount of money flowing in and out of Russia. (EuroNews) 4. Yemen’s Houthi rebels launch boat-borne bomb attack against Greek-owned ship in Red Sea: The British military’s United Kingdom Maritime Trade Operations center described the vessel as being hit in its stern by a small white craft southwest of the Houthi-controlled port city of Hodeida. The use of a boat loaded with explosives raised the specter of 2000’s USS Cole attack, a suicide assault by al-Qaida on the warship when it was at port in Aden, killing 17 on board.(AP) -US Events- 1. Russian warships enter Havana harbor under Washington's watchful eye: A Russian navy frigate and a nuclear-powered submarine churned into Havana harbor on Wednesday, a stopover the U.S. and Cuba said posed no threat but which was widely seen as a Russian show of force as tensions rise over the Ukraine war. The four Russian vessels sailed to Cuba on Wednesday after conducting "high-precision missile weapons" training in the Atlantic Ocean, Russia's defence ministry said Wednesday. The submarine and frigate carry Zircon hypersonic missiles, Kalibr cruise missiles and Onyx anti-ship missiles, the ministry said. (Reuters) 2. House holds Garland in contempt of Congress: The 216-207 vote marked a win for the House GOP, after numerous members privately voiced concern over backing the measure. (TheHill) -Regulatory and Legal- 1. Trump backs Bitcoin as defense against foreign adversaries, centralized digital currency: Trump made the comments on his proprietary social media site Truth Social on Tuesday after Bitcoin Magazine called him "the best choice for Bitcoin." (FoxBusiness) -Institutional Concerns- 1. Glassnode says institutional cash-and-carry trades are influencing US spot bitcoin ETF flows: Since traders are buying bitcoin spot and immediately hedging it by selling bitcoin futures, this could reduce the immediate upward pressure on the spot price that would otherwise be seen if they were only buying the spot asset. ETFs are being used as instruments to obtain long-spot exposure, while simultaneously, a growing net-short position for bitcoin is accumulating in the CME Group futures market. (TheBlock) -Central Bank Digital Currencies (CBDC)- 1. Could China-led wholesale CBDC fuel de-dollarization?: MBridge, China’s cross-border digital currency initiative, has entered the minimum viable product stage. It is the world’s most advanced cross-border CBDC and stands on the cusp of playing a pivotal role in the de-dollarization process. The move coincides with Saudi Arabia, the world's largest oil exporter, joining the project, potentially signaling another move away from the dollar in global oil trading. (EuroMoney) -Economic Indicators- 1. U.S. Treasury yields rise as Fed holds rates steady, signals only one cut this year: The rate on the 10-year Treasury rose more than 2 basis points to 4.316%. The Fed on Wednesday held rates steady at 5.25%-5.50% and suggested it would lower rates just once later this year, down from three rate cuts forecast in March. (CNBC) 2. US CPI Unchanged in May: Consumer prices in the US were unchanged in May 2024, after rising 0.3% in the previous period and below forecasts of a 0.1% increase. (TradingEconomics) -Security Incidents and Concerns- 1. North Korean cyberattacks on Brazilian fintech firms exposed: The June 13 Google threat intelligence report highlighted coordinated attempts to hijack, extort and defraud Brazilian individuals and organizations. While North Korean groups focus primarily on cryptocurrency firms, aerospace and defense and government entities, cyber criminals backed by the Chinese government prefer attacking only the government organizations and the energy sector in Brazil. (CoinTelegraph) -Technology- 1. Luma's AI Video Generator, Dream Machine Flooded With Users, Surpass OpenAI's Sora: OpenAI's Sora could be facing its biggest competitor yet. Luma's artificial intelligence video generator, Dream Machine, has caused multiple-hour wait times after high demand for the software's free public beta version's debut. (TechTImes) -Bitcoin Community- 1. Lightning Is the Common Language of the Bitcoin Economy: Lightning is becoming a translation layer, or a glue, that holds together different systems built on Bitcoin. Each kind of subnetwork can use its own language. How the nodes communicate among themselves in these subnetworks is their business. What's interesting is that these subnetworks communicate with each other over Lightning, even if we’re just talking about, say, two different Cashu mints or when a Fedi interacts with an Ark. (BitcoinMag) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 70/100 (Down 2 pts) Analyst Comments (AC): Although much is happening globally this week, the tectonic shift is the de-dollarization of global trade, mostly in oil. The events may not result in overnight financial chaos, but it nonetheless marks the end of an era started in the early 1970's, borne of oil shocks and global maneuvering for economic power. The 50-year agreement between the US and Saudi Arabia (eventually OPEC) led to a promise to transact only in US dollars in exchange for Saudi defense. Not only has this agreement ended this month, but Saudi Arabia has announced the acceptance of many other currencies for oil as well as participation in China's MBridge wholesale CBDC program. This MBridge CBDC will likely become a new leader in cross-border currency exchange and taken up by BRICS. As the world's current leader in global exchange, we shouldn't expect the US to instantly lose global economic hegemony, but the pieces are coming into place to ensure this does happen. How fast is the question. The consequences are uncertain, but the power yielded by US administrations in the global sphere will certainly lesson to manipulate world affairs so directly. What will arise in its place? Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 847,620 DTG/ICOD: 0800EST 12Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: IDF Kills Senior Hezbollah Commander / French Right Consider Alliance / Russia Hit Kyiv / Hunter Biden Convicted on 3 Felonies / Atlanta Bus Hijacked, Wild Chase / 8 ISIS-Linked Immigrants Arrested in US / Petrodollar Dissolution Gaining Attention / CPI and FOMC Data Due Today / DoD Finally Getting on AI Bandwagon / OG Bitcoin Core Maintainer May Return Market Data: Price: 1 BTC= $67,757, 29.30 oz Gold, .16 Median US House 24hr Hi: $68,015 / Lo: $66,123 Vol: $27B (Down 13%) Mkt Cap: $1.34T (Up 1%) HashRate: 603 EH/s Avg Fee Rate: 24 sats/vBtye (Down 10%) Nodes: 18,838 ---Reports--- -International Events- 1. IDF confirms killing Hezbollah regional division commander Taleb Abdullah, the ‘most senior’ officer targeted amid war: Abdullah commanded Hezbollah’s Nasr unit, one of three regional divisions in south Lebanon. The unit is responsible for the region between Mount Dov and the Bint Jbeil area. The IDF says it was prepared for the terror group’s response of over 170 rockets and several anti-tank guided missiles this morning, and expects additional attacks throughout the day. (TimesOfIsrael) 2. French right uproar over call for far-right alliance: The leader of France's right-wing Republicans party, Eric Ciotti, has sparked an outcry after he backed an alliance with the far-right National Rally in snap elections announced by President Emmanuel Macron. Never before has the traditional right in French politics made any sort of political accord with the far right and Mr Ciotti's remarks set a party that was already struggling to find a voice "on the verge of implosion" (BBC) 3. Russian air attacks cause industrial facility fire in Kyiv region, injure several: Ukrainian military said it shot down five out of six missiles and all 24 drones launched during Russia's overnight attack. The debris damaged an industrial facility in the Kyiv region, causing a fire, Kyiv region governor said. (Reuters) -US Events- 1. President Joe Biden’s son, Hunter Biden, is convicted of all 3 felonies in federal gun trial: Hunter Biden faces up to 25 years in prison when he is sentenced by U.S. District Judge Maryellen Noreika, though as a first-time offender he would not get anywhere near the maximum, and there’s no guarantee the judge would send him to prison. She did not set a sentencing date. (AP) 2. Crowded public bus hijacked, taken on wild high-speed chase down Atlanta freeway; 1 killed: A passenger was killed by a gunshot wound after a suspect hijacked a transit bus in metro Atlanta and led authorities on a high-speed chase into a neighboring county, police said. The chase spanned multiple jurisdictions and involved several agencies, Atlanta police said. Police employed various tactics to stop the bus, which ultimately came to a stop near 5107 Hugh Howell Road in Stone Mountain. (Fox) 3. 8 Tajikistanis with suspected ties to ISIS detained in US, source says: Eight individuals from Tajikistan with suspected ties to ISIS, who crossed into the United States from the southern border last year and this year, have been detained in Los Angeles, Philadelphia and New York City. The suspects were initially allowed to enter the U.S. after being vetted and no national security issues were uncovered, the source said. (ABC) -Regulatory and Legal- 1. Donald Trump Commits to Championing Bitcoin Mining in DC: Donald Trump met with Bitcoin Magazine's CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage. Among the attendees were representatives from leading Bitcoin mining firms, including CleanSpark, Riot Platforms, Marathon Digital, and other notable industry players. Trump posted on his Truth Social saying that he wants all "remaining Bitcoin to be made in the USA" and that "It would help us be energy dominant." (BitcoinMag) -Institutional Concerns- 1. Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report: One reason behind the pullback is investors “de-risking” from crypto assets ahead of today's May Consumer Price Index (CPI) report and Fed meeting. Bitcoin could see a volatile session Wednesday as it has been "highly responsive" to economic data recently and its 30-day correlation with U.S. equities climbing to highest since 2022, K33 Research noted in a Tuesday market update. (CoinDesk) -Central Bank Digital Currencies (CBDC)- 1. CBDCs' threat to freedom put under the microscope at Oslo conference: Central bank digital currencies (CBDCs) are a source of deep concern among the public. That was made clear at last week’s Oslo Freedom Forum. While the risk of governments abusing their power is something that concerns many people, it is particularly true for those who are fighting for freedom under authoritarian regimes. (CoinTelegraph) -Economic Indicators- 1. Saudi Arabia's petro-dollar exit: A global finance paradigm shift: The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024. The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital currencies like Bitcoin may also be considered. (BizCOmmunity) 2. US 10-Year Treasury Yield Steady, Fed and CPI Awaited: The yield on the US 10-year Treasury note was little changed around 4.4% on Wednesday, with traders bracing for today's key CPI report and the FOMC monetary policy decision. (TradingEconomics) -Security Incidents and Concerns- 1. Genetic testing firm 23andMe investigated over hack: The data watchdogs of the UK and Canada will investigate genetic testing company 23andMe over a data breach in October 2023. Hackers gained access to personal information of 6.9 million people, which in some cases included family trees, birth years and geographic locations, by using customers' old passwords. (BBC) -Technology- 1. US Air Force, Space Force Launch ChatGPT-Like AI Tool for Modernization: The AI-powered tool is called the non-classified Internet Protocol Generative Pre-Training Transformer (NIPRGPT), which supports service modernization, according to Interesting Engineering. The software will help personnel communicate, study, and code securely online. (AirForceTimes) -Bitcoin Community- 1. Bitcoin Core Prepares for Housecleaning: Wladimir van der Laan is the most experienced of the Bitcoin Core maintainers. He stepped back in 2022 due to legal actions by Craig Wright. Only a handful of developers known as “maintainers” have the power to authorize changes to the code. They are Michael Ford, Andrew Chow, Russ Yanofsky, Gloria Zhao, and Hennadii Stepanov. The possible return of a seasoned developer might be an opportunity to restore order. Indeed, a rebellion is growing against ordinals and other Ponzi-like inscriptions that are clogging the blockchain. (CoinTribune) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 72/100 (Down 2 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 847,484 DTG/ICOD: 0800EST 11Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Russian Flotilla with Sub Transits off Florida / Malawi VP Dead in Plane Crash / Jurors Deliberate in Hunter Trial / Baltimore Channel Re-Opens / Pelosi Under Fire for J6 Role / Intel Bill Has Surprise Crypto Restriction / Nigeria-Binance Battle Continues / EU's Lurch Right May Slow CBDC / Privacy Worries EU / Apple Integrates ChatGPT, Musk Doesn't Trust Market Data: Price: 1 BTC= $66,837, 28.95 oz Gold, .16 Median US House 24hr Hi: $70,146 / Lo: $66,741 Vol: $32B (Up 91%) Mkt Cap: $1.32T (Down 4%) HashRate: 586 EH/s Avg Fee Rate: 28 sats/vBtye (Down 48%) Nodes: 18,409 ---Reports--- -International Events- 1. Russian Naval Ships And Nuclear Powered Sub To Visit Cuba This Week: According to the Cuban Revolutionary Armed Forces, in a statement released by the Foreign Ministry, the Russian “frigate Gorshkov, the nuclear-powered submarine Kazan, the fleet oil tanker Pashin, and the rescue tug Nikolai Chiker” will visit the port of Havana between June 12th and June 17th. (OANN) (AC-Current flight radar shows a US P-8 Poseidon sub hunter aircraft maintaining patrol east of Miami, FL as of this morning. The bigger picture is that this is a message to the US administration for its role in the Ukraine war and allowing weapons to be used inside of Russia.) 2. South Korean troops fired warning shots after North Korean soldiers briefly crossed land border: At 12:30 p.m. on Sunday, some North Korean soldiers who were engaged in unspecified work on the northern side of the border crossed the military demarcation line that bisects the two countries, South Korea’s Joint Chiefs of Staff said. Those North Korean soldiers carrying construction tools — some of them armed — immediately returned to their territory after South Korea’s military fired warning shots and issued warning broadcasts. (AP) 3. Malawi’s vice president dies in plane crash with nine others: Malawian Vice President Saulos Chilima and nine others were declared dead on Tuesday after their plane went missing during tumultuous weather a day earlier. The flight departed at 9:17 a.m. from Kamuzu International Airport and was headed for Mzuzu when aviation authorities told the aircraft to turn around because of poor visibility. The authorities soon lost contact with the plane, which “was unable to land due to poor visibility occasioned by bad weather. (WaPo) -US Events- 1. Jurors will resume deliberations in the federal gun case against President Joe Biden’s son Hunter: Jurors deliberated for less than an hour before leaving the federal courthouse in Delaware Monday afternoon. They are weighing whether Hunter Biden is guilty of three felonies in the case pitting him against his father’s Justice Department in the middle of the Democratic president’s reelection campaign. (AP) 2. Baltimore shipping channel reopens after bridge collapse: The Port of Baltimore shipping channel has fully reopened, 11 weeks after the Francis Scott Key Bridge collapsed when it was struck by a cargo ship. The US Army Corps of Engineers said the passageway where the Key Bridge buckled was now "safe for transit". The 700ft (213m) wide and 50ft (15m) deep channel has been restored to its original operational dimensions. (BBC) 3. GOP releases Jan. 6 clip of Pelosi saying 'I take responsibility' as she discussed National Guard absence: A previously unreleased video taken on Jan. 6, 2021 shows then-Speaker Nancy Pelosi, D-Calif., saying she takes "responsibility" for law enforcement's lack of preparedness when a mob stormed the U.S. Capitol that day. Pelosi quickly took to MSNBC to counter the video. (FOX) -Regulatory and Legal- 1. Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off: A Senate bill meant to fund U.S. intelligence operations included a section borrowed from an earlier bill aimed at preventing the use of cryptocurrency to support terrorism. That provision, as written, could require a massive shift in the crypto industry toward identifying users' identities to prevent sanctions that could strangle digital assets businesses. Were it to become law, it would mark the most important U.S. crypto policy yet adopted – and all without significant debate about its merits. (CoinDesk) 2. Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover (Revenue): In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by his government. (BitcoinCom) -Institutional Concerns- 1. Bitcoin dips as ETFs break 19-day green streak, rumble over US inflation: Traders are seemingly going risk-off ahead of a U.S. CPI print and a Fed monetary policy meeting, with Bitcoin falling to a weekly low. (CoinTelegraph) -Central Bank Digital Currencies (CBDC)- 1. How will Europe’s elections impact the vote on digital euro legislation?: Introducing a central bank digital currency (CBDC) in the Eurozone within a few years is widely considered a foregone conclusion. That’s partly due to the European Central Bank’s (ECB) enthusiasm. A CBDC has the potential to be a useful tool in the hands of a benevolent government. However, those who favor free markets tend to disagree. The recent lurch to the far right should give some pause for thought. (LedgerInsights) -Economic Indicators- 1. Dollar Firms Up Ahead of Fed, CPI: The dollar index held above 105 on Tuesday after hitting a four-week high in the previous session, as investors braced for the Federal Reserve’s interest rate decision and the consumer price index report this week. (TradingEconomics) -Security Incidents and Concerns- 1. EU Innovation Hub criticizes privacy coins and crypto mixers in new report: The EU Innovation Hub, a collaborative initiative involving members from European Union agencies and member states, has published its first report on encryption. The report supported cryptocurrency and nonfungible tokens (NFT) inherent reliance on public-private cryptography for storage, mining and transfers. However, some bad actors use the system to evade law enforcement, specifically protocols and privacy coins that can “obscure” visibility on the blockchain. (CoinTelegraph) (AC-Individual privacy continues to be conflated with illegal activities.) -Technology- 1. Elon Musk: iOS 18 a ‘Security Violation’ for ChatGPT AI Integration; New Apple Ban for Tesla: It is now confirmed that Apple Intelligence is here and will soon come to iOS 18, but Elon Musk is not buying it. However, that is not yet all, as the tech billionaire is threatening to ban Apple devices in his companies, including Tesla, SpaceX, X, and more. (TechTimes) -Bitcoin Community- 1. Study: 14% of 'Early Adopter' Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate: At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings categorize New Zealanders as early adopters, indicating they were quick to recognize the potential of cryptocurrency. Survey data reveal that only 16% of respondents would invest in real estate, compared to 60% who plan to invest in cryptocurrency. (BitcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 74/100 (Down 3 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 847,347 DTG/ICOD: 0800EST 10Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Macron Calls Snap Election in France / EU Has Major Electoral Shift to the Right / Israel Rescues 4 Hostages in Gaza / Teton Pass Road Collapses / US Offering Defense Pact to Saudi Arabia / Ripple Meeting With Georgia Gov. Officials / Paraguay Making Moves into Bitcoin Mining Market Data: Price: 1 BTC= $69,369, 30.15 oz Gold, .16 Median US House 24hr Hi: $69,817 / Lo: $68,190 Vol: $16B (Up 40%) Mkt Cap: $1.36T (Flat) HashRate: 652 EH/s Avg Fee Rate: 55 sats/vBtye (Down 31%) Nodes: 18,803 ---Reports--- -International Events- 1. Macron takes huge risk with surprise election: President Emmanuel Macron has called snap parliamentary elections later this month in the wake of a big victory for his rival Marine Le Pen's National Rally in the European Parliament vote. The far-right party is on course to win 32% of the vote, exit polls say, more than twice that of the president's Renaissance party. Announcing the dissolution of parliament, he said the two rounds of voting would take place on 30 June and 7 July, a few weeks before the Paris Olympics. (BBC) 2. Far right surges in European Parliament elections but center still holds: After three days of voting across the European Union’s 27 member states, an exit poll showed that far-right parties were set to win around 150 of the parliament’s 720 seats, which will likely make it harder for mainstream parties to form majorities needed to pass laws. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. (CNN) 3. Israel Rescues 4 Hostages Kidnapped in Hamas Attack on Oct. 7: Heavy fighting raged in central Gaza, where the hostages were rescued, and at least 55 people, including children, were killed in multiple attacks Saturday as people fled for safety, according to Gaza’s Health Ministry. The army said it rescued Noa Argamani, 25; Almog Meir Jan, 21; Andrey Kozlov, 27; and Shlomi Ziv, 40, in two separate locations in a complex special daytime operation in the heart of Nuseirat in central Gaza. (Breitbart) (AC- The 4 hostages were held in central Gaza at a refugee camp and heavily defended by Hamas soldiers.) -US Events- 1. Wyoming's Teton Pass road collapses in landslide: ‘Catastrophic failure’: A mountain pass road near the popular tourist destination of Jackson, Wyoming, collapsed Saturday after a landslide, adding at least an hour of travel time for those who drive on the roadway. An alternate route between Jackson and the area of Victor, Idaho, goes more than 60 miles out of the way and adds "quite a bit to any commute." (Fox) 2. U.S. to Offer Landmark Defense Treaty to Saudi Arabia in Effort to Spur Israel Normalization Deal: The Biden administration is close to finalizing a treaty with Saudi Arabia that would commit the U.S. to help defend the Gulf nation as part of a long-shot deal to encourage diplomatic ties between Riyadh and Israel, U.S. and Saudi officials said. “It would be the first time the U.S. concluded a mutual defense pact that would carry the force of law since the 1960 revision of the U.S.-Japan treaty, and the first time it concluded such an agreement with an authoritarian country,” The diplomatic push for a defense pact with Riyadh marks a remarkable turnaround for President Biden, who as a candidate vowed to treat Saudi Arabia as a pariah and make it pay a price for the assassination of journalist Jamal Khashoggi, a U.S. resident. (WSJ) (AC- Interesting timing as the 50 year agreement with Saudi Arabia comes to a close this month that ensures Saudi use of the US dollar in global oil transactions (AKA Petrodollar) and the US defense of Saudi lands via the US military.) -Regulatory and Legal- NSTR -Institutional Concerns- 1. Bitcoin ETFs sucked up 2 months of BTC mining supply in first week of June: With inflows of approximately $1.83 billion, the 11 ETFs bought 25,729 Bitcoin in the trading week between June 3 and 7 — around eight times more than the 3,150 new BTC mined over the same time, according to data from HODL15Capital. (CoinTelegraph) -Central Bank Digital Currencies (CBDC)- 1. Ripple partners with National Bank of Georgia to digitize economy: The new collaboration builds on the previous partnership between the NBG and Ripple, where the latter serves as the technological partner for the NBG’s pilot CBDC project called the digital lari. (CoinTelegraph) (AC-Ripple is the leading 'crypto' company dedicated to promoting and building a slew of nation-state and global CBDCs) 2. BRICS Considers XRP: A Potential Leap for Cross-Border Payments: The Bank of Russia previously proposed a project on cross-border transfer execution. There was a rumor that this project took the Ripple payment system into account. Given its reputation for speed and economy of transactions, XRP was seen as a great starting point for creating a group cross-border settlements system. (CryptoNews) (AC-A possible 'hope' article, not confirmed through other sources) -Economic Indicators- 1. 10-Year Treasury Yield Edges Up, FOMC and CPI Awaited: The yield on the US 10-year Treasury note was around one-week highs of 4.45% as traders gear up for a significant week ahead. (TradingEconomics) -Security Incidents and Concerns- 1. Singapore alerts businesses to Bitcoin ransomware risk: Akira, the ransomware that stole $42 million from over 250 organizations across North America, Europe and Australia within a year, is now actively targeting businesses in Singapore. The alert comes after agencies, including the Cyber Security Agency of Singapore, the Singapore Police Force and the Personal Data Protection Commission, recently received several complaints from victims of the cyberattack. (CoinTelegraph) 2. Fake X Accounts Used by Scammers to Impersonate Airlines: According to consumer advocate "Which?", every major airline in the UK has fake profiles on X, formerly known as Twitter, which are regularly used to trick consumers into providing personal information. It was also mentioned that X takes too long to remove problematic accounts. (TechTimes) -Technology- 1. NASA Says Extremely Rare Nova Explosion Will Be Visible on Earth, Can Be Seen With Naked Eyes: NASA and astronomers worldwide are eagerly awaiting a rare celestial event this summer as a nova explosion in the constellation Corona Borealis is expected to be visible from Earth. (TechTimes) -Bitcoin Community- 1. Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition: Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of a transitional phase. (BitcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 77/100 (Down 1 pts) Analyst Comments (AC): It seems the CBDC race is beginning to heat up. With the BRICS coalition and efforts by the BIS, combined with aggressive marketing by Ripple (XRP), CBDCs are taking a turn toward international or at least cross-border trade focuses rather than nation-state efforts that could conceivably compete with national currencies. This is significant in that it is global efforts like this that would capture economic power at a higher level than nation-states. Instead of a truly decentralized, individual P2P system like Bitcoin, a global CBDC system would put economic powers of inflation and digital permissions inherent in CBDCs into the hands of unelected bureaucrats at a global level. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report