BTC Daily Intelligence Bulletin (DIB) Block: 849,428 DTG/ICOD: 0800EST 25Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Julian Assange Freed From Jail / France Heading Toward Hard Shift Right / Iran Prepares For Election / L.A. Protests Draw Criticism / US Surgeon General Targets 'Gun Violence' / Infowars To Shut Down / German Gov to Offload BTC / Louisiana Bills Nixes CBDC, Protect BTC / No Food Inflation in Argentina a First in 30 Years / Strike Continues World Rollout / BTC Dip Opens Opportunity Market Data: Price: 1 BTC= $61,193, 26.22 oz Gold, .14 Median US House 24hr Hi: $61,658 / Lo: $58,601 Vol: $38B (Up 47%) Mkt Cap: $1.2T (Even) HashRate: 543 EH/s Avg Fee Rate: 19 sats/vBtye (Up 9%) Nodes: 18,536 ---Reports--- -International Events- 1. Julian Assange freed from jail after plea deal with US: Julian Assange was freed from a London prison on Monday after more than five years and will not be extradited to the United States after agreeing to a plea deal with authorities. The WikiLeaks founder agreed to plead guilty to one count of conspiracy to obtain and disclose U.S. national defense information. In return, he is likely to be sentenced to five years and three months time served, which he has spent in London’s Belmarsh Prison since being jailed there in April 2019. He has since boarded a plane bound for his native Australia. (CoinTelegraph) 2. French snap elections: Emmanuel Macron claims 'extremes' could lead 'to civil war': Five days before the snap elections in France, the far-right National Rally (RN) leads the polls on 36%, followed by the left-wing coalition New Popular Front (27%). French President Macron's party is trailing, polling at 20%. (EuroNews) 3. Iran’s presidential election dominated by Khamenei loyalists: Iranians choose a president on Friday in a tightly controlled election following Ebrahim Raisi's death in a helicopter crash last month, with the outcome expected to influence the succession to Ayatollah Ali Khamenei, Iran's top decision-maker. The Guardian Council, a hardline vetting body of clerics and jurists aligned to Khamenei, has approved five hardliners and one low-profile moderate candidate from an initial pool of 80. (Reuters) -US Events- 1. Officials talk of restricting masks at protests after violence outside L.A. synagogue: The violent protest Sunday at a synagogue has prompted Mayor Karen Bass to say Los Angeles should consider rules governing demonstrations and the wearing of masks by those protesting. (LATimes) 2. US surgeon general calls for ‘collective commitment’ to stop gun violence in the United States: Gun violence in the United States is an urgent public health crisis that demands the “collective commitment of the nation” to stop it, Surgeon General Dr. Vivek Murthy says in a new advisory released Tuesday. It’s the first time a publication from the Office of the Surgeon General has focused on firearm violence and its “profound consequences” on survivors, communities, and mental health. (CNNHealth) 3. Bankruptcy trustee discloses plan to shut down Alex Jones’ Infowars and liquidate assets: A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets to help pay the $1.5 billion in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook Elementary School shooting a hoax. (AP) -Regulatory and Legal- NSTR -Institutional Concerns- 1. German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and Kraken: A “German Government (BKA)” labeled cryptocurrency wallet has sold over $54 million worth of Bitcoin. Following today’s transfers, the wallet still holds 46,359 Bitcoin, according to Arkham Intelligence. (CoinTelegraph) -Central Bank Digital Currencies (CBDC)- 1. Louisiana Shields Crypto, Rejects CBDC: In a decisive legislative move, the state of Louisiana has amended its laws to impose a ban on central bank digital currencies (CBDCs) while establishing stringent regulations for digital asset miners and node operators. These new stipulations, incorporated into the Blockchain Basics Act, are slated to come into effect in August 2024. (Coinfomania) (AC-Well done @Dennis_Porter_ and Satoshi Action Fund!) -Economic Indicators- 1. Bitcoin Breaks Below $60K Level on ETF Outflows: Bitcoin broke below $60,000 at the start of the week before recouping some losses, sinking to its lowest levels in nearly two months amid steady outflows from Bitcoin spot exchange-traded funds. Industry data showed that US Bitcoin ETFs saw a net outflow of more than $500 million last week and a total of $1.1 billion over the past two weeks. Significant outflows were also recorded in Bitcoin ETFs based in Canada, Germany and Hong Kong, while those in Brazil and Switzerland experienced net inflows. (tradingEconomics) 2. Argentina Logs First Week with No Inflation in Food Prices in 30 Years: For the first time in 30 years, Argentina experienced a zero-percent increase in the inflation rates of food and drinks during the third week of June, President Javier Milei confirmed on Monday morning. (Breitbart) -Security Incidents and Concerns- 1. BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers: A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extortion fee in the tens of millions of dollars from CDK, which plans to make the payment. (YahooFinance) -Technology- 1. Microsoft Hit With EU Antitrust Charges Over Teams: The European Union charged Microsoft with antitrust violations related to the company’s bundling of its Teams collaboration tool with Office 365 and Microsoft 365. If the commission concludes the company breached antitrust rules, Microsoft could face a fine of up to 10% of its global annual revenue. (WSJ) -Bitcoin Community- 1. Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out: Strike, the payments application that uses the Bitcoin blockchain, has started U.K. operations expanding its global reach just months after rolling out in Europe and Africa. The payments firm has been expanding aggressively and now operates in more than 100 countries and territories around the world. (CoinDesk) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 30/100 (Down 21 pts) Analyst Comments (AC): Interesting drop from 'greed' to 'fear' in the greed/fear index today. Now that owners of bitcoin are not only bitcoin plebs, cypherpunks and insightful whales, but now also institutions, government entities, and general investors, there is now a higher correlation to mainstream financial narratives and world events. In other words, media reports and social media seem to have a higher impact on bitcoin price. Although bitcoiners continue to buy the dips there is a lot more institutional money yielding more power in the price action recently. It seems Bitcoin continues to evolve in society. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 849,295 DTG/ICOD: 0800EST 24Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Coordinated Terror Attack in Dagestan Kills 19 / IDF to Shift from Hamas to Hezbollah / US Military Looks for Re-Entrance in Africa / Senseless Shooting in Arkansas / Hiker in CA Found After 10 Days / MiCa Regs in UK Affecting Stablecoins / Mt Gox to Return BTC in July / IMF Stumping for CBDCs / Apple, Meta Meet Over AI Integration / Market Data: Price: 1 BTC= $61,370, 26.23 oz Gold, .14 Median US House 24hr Hi: $64,382 / Lo: $60,675 Vol: $25B (Up 216%) Mkt Cap: $1.21T (Down 5%) HashRate: 614 EH/s Avg Fee Rate: 17 sats/vBtye (Up 51%) Nodes: 19,501 ---Reports--- -International Events- 1. Nineteen reported killed in synagogue, church attacks in Russia’s Dagestan: The death toll from the attacks in the restive Russian region has risen to 19 people, Russia’s Investigative Committee said on Monday. At least 15 police officers died alongside several civilians, including an Orthodox priest. Five attackers were also reported to have been “liquidated”. At least 12 people were also injured in the attacks, which took place in the cities of Derbent and Makhachkala on Sunday, the festival of Pentecost for the Russian Orthodox Church. (ALJazeera) 2. ‘Intense phase of war with Hamas about to end,’ focus to shift to Lebanon border, Netanyahu says: Netanyahu, however, vowed that Israel would continue operating in Gaza until the militant group Hamas was eliminated. Israeli officials have told the US they were planning to shift resources from southern Gaza to northern Israel in preparation for a possible offensive against the group, US officials told CNN on Wednesday. The implications of a wider war between Israel and Hezbollah could be devastating, a senior US official previously told CNN. (CNN) 3. US military looks for West Africa 'Plan B' after Niger ousting: Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, told reporters before landing in Botswana on Monday for a gathering of African chiefs of defense that he was going to speak with several partners in the region. "I do see some opportunities. And there's countries that we're already working with in West Africa," Brown told reporters. (Reuters) -US Events- 1. Arkansas grocery store shooter was armed with pistol, 12-gauge shotgun and dozens of extra rounds, authorities say: The man, identified by police as 44-year-old Travis Eugene Posey, opened fire at the Mad Butcher in Fordyce on Friday, killing four people ranging in age from 23 to 81 years old and wounding nine others. Authorities believe the suspect “immediately began engaging victims in the parking lot after exiting his truck and then proceeded into the store,” according to Hagar. Once inside the Mad Butcher, the suspect “was firing indiscriminately at both customers and employees,” Hagar said. Posey was “treated for non-life-threatening injuries after exchanging gunfire with law enforcement” and arrested. (CNN) 2. Hiker lost for 10 days found alive in Northern California mountains: Lukas McClish, 34, disappeared on June 11 after setting off on a hike in Boulder Creek, the Santa Cruz County Sheriff’s Office said. He was found yelling for help 10 days later in a remote canyon in Big Basin State Park. McClish said that he had left his home in Boulder Creek with few supplies, believing he was only going for a three-hour hike before getting lost in the Santa Cruz Mountains. I left with just a pair of pants, and my pair of hiking shoes, and a hat. I had a flashlight, and a pair of folding scissors, like a Leatherman tool. And that was about it," McClish told KGO-TV. (Fox) -Regulatory and Legal- 1. Uphold to delist USDT and 5 stablecoins by July 1, citing EU's MiCA Regulation: Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations. Stablecoin issuers in the EU must hold licenses as credit institutions or Electronic Money Institutions under the MiCA framework.(CoinTelegraph) -Institutional Concerns- 1. Mt. Gox to Begin Repayments in July: The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack. (CoinDesk) 2. Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet: It started Thursday when Dell posted, "Scarcity creates value." That prompted a reply from Saylor, the executive chairman of MicroStrategy (MSTR), saying, "Bitcoin is Digital Scarcity," which Dell then reposted. (CoinDesk) -Central Bank Digital Currencies (CBDC)- 1. BRICS: CBDC’s Will Boost Financial Inclusion in the Middle East, Says IMF: The IMF confirmed in the latest blog that CBDCs can boost financial inclusion and payment efficiency among BRICS countries. Even countries in the Middle East can benefit from the development and usher robust growth in the financial sector. “19 countries, including Bahrain, Georgia, Saudi Arabia, and (BRICS member) UAE, are in the advanced ‘proof-of concept’ stage, with Kazakhstan leading after two pilot programs,” said IMF. (BusinessInsider) -Economic Indicators- 1. US 10-Year Treasury Yield Little Changed: The yield on the US 10-year Treasury note was little changed around 4.26% to kick off the last week of June, as traders brace for key PCE inflation data and comments from several Fed officials due this week to assess the monetary policy outlook. (TradingEconomics) -Security Incidents and Concerns- 1. A Catastrophic Hospital Hack Ends in a Leak of 300M Patient Records: The rolling series of breaches targeting customers of cloud platform Snowflake appears to be a supply chain attack wrapped in another supply chain attack. Ultimately, the breach of the Snowflake customer accounts, which include Ticketmaster, banking firm Santander, and potentially more than 160 other companies, was possible because their Snowflake accounts did not have multifactor authentication enabled. (Wired) -Technology- 1. Apple, Meta in Talks for AI Partnership, Models Coming to iOS 18's Apple Intelligence: It would be the first time Apple and Meta would collaborate after facing tumultuous years of tech rivalry. (TechTimes) -Bitcoin Community- 1. Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin: The planned purchase would add to its current crypto stack, which hit 141.07 BTC after Metaplanet said on June 11 that it scooped 23.25 BTC. (CoinTelegraph) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 51/100 (Down 4 pts) Analyst Comments (AC): NSTR Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

We were thrilled to have the opportunity to talk with Senator Blackburn about Bitcoin and fully support her fight against CBDCs A big thank you to everyone at @Bitcoin Park for facilitating this opportunity and to meet with representatives of Senator Hagerty, Gov Bill Lee, and AG Skrmetti Tennessee is becoming a hub for #bitcoin. Looking forward to all the Bitcoiners who will be in Nashville next month for @The Bitcoin Conference

We had an amazing time at the range with some of the members of @Bitcoin Park We need to make sure these Big Brained MFers know how to protect themselves. This was the first of many training events to come! Big thank you to Dan and Cindy from Dustoff Ranch for letting us use their facilities and providing us with some AMAZING brisket. You guys are the best!!

BTC Daily Intelligence Bulletin (DIB) Block: 848,894 DTG/ICOD: 0800EST 21Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: South Korea May Send Weapons to Ukraine / China Using Blades on Philippine Rubber Boats / Missouri AG Sues NY Over Trump Lawfare / Oakland Mayor Raided by FBI / SCOTUS Rules IRS Can Tax OCONUS / US Lawmaker Visit Binance Exec in Nigerian Prison / Winklevii Give $2M to Trump / SEC Backing off on Ripple / Outflow from BTC ETFs Continues / Tencent Joins mBridge CBDC Project / US Car Dealership Hacked Market Data: Price: 1 BTC= $63,753, 26.93 oz Gold, .15 Median US House 24hr Hi: $66,451 / Lo: $63,529 Vol: $27B (Up 36%) Mkt Cap: $1.26T (Down 4%) HashRate: 592 EH/s Avg Fee Rate: 11 sats/vBtye (Down 48%) Nodes: 18,600 ---Reports--- -International Events- 1. South Korea to consider supplying arms to Ukraine after Putin-Kim pact: “We will reconsider the issue of supplying weapons to Ukraine,” South Korean national security adviser Chang Ho-jin told reporters late on Thursday after Putin, who visited Pyongyang for the first time in more than 20 years, said he would consider supplying high-precision weapons to North Korea. (FT) 2.‘Only pirates do this’: Philippines accuses China of using bladed weapons in major South China Sea escalation: Footage released by the Philippine military on Thursday showed Chinese coast guard officers brandishing an axe and other bladed or pointed tools at the Filipino soldiers and slashing their rubber boat, in what Manila called “a brazen act of aggression.” (CNN) 3. NATO hopes to Trump-proof the alliance with new chief Mark Rutte. It could backfire: The Biden administration got its way when outgoing Dutch Prime Minister Mark Rutte secured the support of all 32 NATO allies for the alliance’s top political post. Rutte, whose center-right politics in Europe would put him to the left of many mainstream Democrats, is known for his pragmatism, his skill for building coalitions and his staunch transatlantic views. (Politico) -US Events- 1. Missouri Attorney General Andrew Bailey Will Sue New York for ‘Lawfare Against President Trump’: “I will be filing suit against the State of New York for their direct attack on our democratic process through unconstitutional lawfare against President Trump. It’s time to restore the rule of law,” Bailey announced on X. “We have to fight back against a rogue prosecutor who is trying to take a presidential candidate off the campaign trail. It sabotages Missourians’ right to a free and fair election,” he added. (Breitbart) 2. Oakland Mayor Sheng Thao's home raided by FBI agents; feds target other locations: Just after 10 a.m., several FBI agents emerged from the home carrying boxes as news crews staked out positions across the street. It was unclear what the agents were seeking or what was seized. (CBS) 3. Justices uphold Trump tax on overseas investments in win for Biden: The Supreme Court on Thursday upheld a Trump-era tax on overseas investments, rejecting an argument from a Washington state couple in a case that could have jeopardized existing tax provisions and torpedoed Democratic talk of a wealth tax. A 7-2 majority upheld the tax, though several justices offered differing rationales. (CNN) -Regulatory and Legal- 1. U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release: U.S. lawmakers Rep. French Hill (R-Ark.) and Rep. Chrissy Houlahan (D-Penn.) visited Tigran Gambaryan in a Nigerian prison on Wednesday as the Binance executive remains incarcerated facing money-laundering charges due to his involvement with the crypto exchange. Hill said Gambaryan, who has been held since arriving in February for talks with the government, is suffering from malaria and double pneumonia. (CoinDesk) 2. Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign: The Winklevoss brothers have become two of the first big-name crypto CEOs to cross the campaign-contribution barrier that had kept big-time donations from the presidential race. (CoinDesk) 3. Multiple US States Have Revoked Binance US Crypto Licenses: Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke or deny the renewal of BAM Trading Services’ Money Transmission License,” North Dakota’s financial regulator stated.(BitcoinCom) 4. SEC Leaning Towards Not Appealing Ripple Ruling, Citing Strategic Risks: The latest development in the market suggests that the long-going Ripple vs SEC lawsuit might be nearing its end soon. One recent report suggests that the U.S. SEC might not appeal the recent summary judgment of Judge Analisa Torres that partially favors Ripple Labs. This hints at a major strategic shift with the SEC likely trying to avoid any further escalation of the case in the higher court. (CryptoNews) -Institutional Concerns- 1. US spot bitcoin ETFs shed $140 million as fund exit continues: Grayscale’s GBTC led the pack yesterday with a daily net outflow of $53 million, closely followed by Fidelity’s FBTC, which posted outflows of $51 million, according to data from SoSoValue. Bitwise’s BITB reported $32 million in net outflows, while VanEck’s ETF logged net outflows of $4 million. The fund from Invesco and Galaxy Digital saw $2 million in net outflows. (TheBlock) -Central Bank Digital Currencies (CBDC)- 1. Tencent participates in China’s mBridge CBDC cross payment solution: Tencent is one of nine institutions that has participated on the Chinese side of the mBridge cross border central bank digital currency (CBDC) solution that recently launched a minimum viable product (MVP). Tencent owns WeChat Pay, China’s largest mobile payment app with 1.1 billion monthly active users. mBridge leverages wholesale CBDCs from the central banks of China, Hong Kong, Thailand and the UAE, with Saudi Arabia joining earlier this month. The BIS Innovation Hub coordinates the project and aims to enable cheaper, faster cross border payments. (LedgerInsights) (AC- With the BIS, China and now Saudi Arabia joining the mBridge project, technology partners are needed. Tencent, via WeChat Pay, is a strong addition to the project.) -Economic Indicators- 1. US Mortgage Rates Fall to 2-Month Low: The average rate for a 30-year fixed mortgage fell by 8bps from the previous week to 6.87% as of June 20th, the lowest in two months, according to Freddie Mac. (TradingEconomics) 2. US Current Account Gap Highest in 7 Quarters: The US current account deficit increased by $15.8 billion to $237.6 billion in the first quarter of 2024, equivalent to 3.4% of GDP, and falling short of market expectations of a $206.4 billion gap. (TradingEconomics) -Security Incidents and Concerns- 1. Disruptions at Many Car Dealerships Continue as CDK Hack Worsens: Car dealerships across the United States will likely have to deal with disruptions for several more days after software provider CDK Global detected an additional cyber incident. The company provides dealer management, retail, customer relationship management, finance and insurance, network and communication, and intelligence services. (SecurityWeek) -Technology- 1. Japan Aims to Become Most AI-Friendly Nation, Countering EU Regulations: Japan is promoting itself as the most AI-friendly nation to lure investments from Europe and beyond with its regulation-light strategy. While the EU just passed the AI Act, the world's first comprehensive AI law, Japan's AI Strategic Council, which leads talks, favors regulations led by the tech industry, as reported by Nikkei Asia. (TechTimes) -Bitcoin Community- 1. Marathon Uses Bitcoin Mining To Heat Town of 11,000 in Finland: Today, Marathon Digital Holdings has launched an innovative pilot project to recycle heat generated from Bitcoin mining to warm a community in Finland. The 2-megawatt data center, energized at the end of May, is located in the Satakunta region, home to 11,000 residents. (BitcoinMag) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 63/100 (Up 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: 848,751 DTG/ICOD: 0800EST 20Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Top Israeli Military Leader Says Hamas Cannot Be Defeated / Putin Continues Asia Tour in Vietnam / Texas Prepares for Tropical Storm Alberto / Louisiana Mandates Ten Commandments Display / Bitcoin Holdings Raise Questions / US Economy Showing More Weakness / BoE Claims 2% Inflation Victory / Bitcoin On Horizon for Major Wirehouses and Banks / Market Data: Price: 1 BTC= $66,128, 28.32 oz Gold, .15 Median US House 24hr Hi: $66,451 / Lo: $64,693 Vol: $18.8B (Down 42%) Mkt Cap: $1.292T (Up 2.92%) HashRate: 513 EH/s Avg Fees: 14 Sats/vByte (Down 52%) Nodes: 19,492 ---Reports--- -International Events- 1. Top Israeli Military Leader Says Hamas Cannot Be Defeated: The Israel Defense Forces' top spokesman, Rear Adm. Daniel Hagari, stated that eliminating Hamas, which he described as "an idea," is not possible and suggesting otherwise misleads the public. This perspective highlights a rift with Israeli Prime Minister Benjamin Netanyahu, who remains committed to the war in Gaza with the stated goal of destroying Hamas' capabilities. This discord follows Netanyahu's dissolution of his war Cabinet after Benny Gantz's resignation and underscores the lack of a clear postwar plan for Gaza, a point of criticism from both domestic and international observers. The conflict, ongoing for 257 days, has seen significant casualties and global criticism, with the United States expressing skepticism about the feasibility of fully eliminating Hamas. (NBC News) 2. Putin Continues Asia Tour in Vietnam: Russian President Vladimir Putin has arrived in Hanoi, Vietnam, marking the second stop of his East Asian tour, following a visit to North Korea which saw the two nations sign a defensive pact. The visit underscores Russia's ongoing diplomatic support in the region, despite criticism from the United States, which views it as an opportunity for Putin to promote his war in Ukraine. Vietnam values its historic ties with Russia and maintains a complex diplomatic stance by abstaining from UN resolutions condemning Russia while fostering relationships with both Ukraine and Western nations. As Vietnam continues its "bamboo diplomacy," balancing relationships without formal alliances, it remains to be seen how long it will maintain its camaraderie with Putin, given its gradual shift away from reliance on Russian military equipment and internal political shifts. (BBC) -US Events- 1. Texas Prepares for Tropical Storm Alberto: Texas Governor Greg Abbott issued a disaster declaration for 51 counties in anticipation of Tropical Storm Alberto, expected to bring heavy rains and coastal flooding through Thursday. The National Weather Service forecasts the storm to make landfall in Mexico, with significant impacts extending into southern Texas. Tropical-storm-force winds, storm surge, and flooding are already affecting the Texas and Louisiana coastlines, rendering many roadways impassable. Forecasters predict an aggressive Atlantic hurricane season influenced by a record-warm North Atlantic Ocean Basin and La Niña, potentially resulting in numerous powerful storms. (Axios) 2. Louisiana Mandates Ten Commandments Display: Louisiana has become the first state to mandate the display of the Ten Commandments in every public school classroom, from kindergarten to state-funded universities, under a new law signed by Republican Gov. Jeff Landry. The legislation, part of a conservative agenda pushed by the GOP-dominated Legislature, requires posters with the Ten Commandments in "large, easily readable font" and a context statement detailing their historical significance, to be in place by the start of 2025, funded through donations. Opponents argue the law is unconstitutional and violates the separation of church and state, setting up a likely challenge in court. Proponents claim the measure has historical importance and serves as a moral foundation, reflecting broader conservative efforts within the state. (AP) -Regulatory and Legal- NSTR -Institutional Concerns- 1. Bitcoin Holdings Raise Questions: The increasing bitcoin holdings by major institutions like BlackRock and Fidelity, nearing 500,000 bitcoins, have stirred concerns within the crypto community. In a discussion on "The Wolf of All Streets" podcast, Austin Arnold from Altcoin Daily highlighted the inevitability of institutional involvement for mass adoption, noting that bitcoin's current price around $65,000 is seen as de-risked due to regulatory clarity and the approval of bitcoin ETFs by the U.S. SEC. Arnold emphasized the global reach of these ETFs and their political significance, suggesting they reflect growing international and political interest in bitcoin. While concerns about market manipulation persist, Arnold reassured that the bitcoins held by these ETFs are custodied for clients, not directly controlled by the institutions, underscoring the need for retail investor education. (The Street) -Central Bank Digital Currencies (CBDC)- NSTR -Economic Indicators- 1.: US Economy Showing More Weakness: The U.S. economy is showing signs of weakness as consumer spending, a crucial driver of growth, begins to slow amid persistent inflation and a softening job market. Retail sales saw only a modest gain in May, with downward revisions for March and April, raising concerns about a potential slowdown. Inflation continues to pressure spending despite high interest rates, and declining sales in key sectors like gasoline and home furnishings indicate consumer belt-tightening. Additionally, signs of a weakening labor market, with reduced wage premiums and potential declines in hiring, suggest challenges ahead for maintaining economic momentum. (The Street) 2. BoE Claims 2% Inflation Victory: UK inflation reached the Bank of England's 2% target in May for the first time since 2021, though underlying price pressures remain strong, potentially delaying any pre-election interest rate cuts. Services price inflation, a key indicator for the BoE, was at 5.7%, higher than expected, suggesting ongoing inflationary risks. The drop in headline inflation from 2.3% in April was significant but came too late to influence upcoming elections or prompt a rate cut. Despite the inflation drop, driven by lower energy bills and food prices, the BoE is cautious about cutting rates due to persistent domestic price pressures and elevated pay growth. (Reuters) -Security Incidents and Concerns- NSTR -Bitcoin Community- 1. Bitcoin On Horizon for Major Wirehouses and Banks: Bernstein analysts predict that spot Bitcoin ETFs are close to approval at major wirehouses and private banks, which they believe will significantly boost adoption. They maintain a $200,000 price target for Bitcoin by the end of 2025, citing the institutional basis trade as a key driver for future net long positions. Despite some bearish arguments, analysts point to the increasing comfort with ETF liquidity and the potential for substantial advisor-driven demand. Additionally, new FASB guidelines are expected to encourage corporate treasury adoption, adding to the incremental demand for Bitcoin ETFs in 2024. (The Block) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 60/100 (Down 4 pts) Analyst Comments (AC): Study bitcoin. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2B END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 848,628 DTG/ICOD: 0800EST 19Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel Approves Plans for Lebanese Offense / Putin Receives Warm Reception in North Korea / Israeli Intelligence Faces Internal Scrutiny / Biden Pushes Path to Citizenship Plans / New Mexico Declares State of Emergency / SEC Ends ETH 2.0 Investigation / Bank of Thailand Considers CBDC / US Budget Deficit Continues to Rise / Business Bankruptcies and Closures Increase / Summer Temps to Impact Bitcoin Hashrate /   Market Data: Price: 1 BTC= $65,114, 28.13 oz Gold, .15 Median US House   24hr Hi: $65,786 / Lo: $64,066 Vol: $34.5B (Down 4%) Mkt Cap: $1.292T (Up 2.92%)  HashRate: 640 EH/s  Avg Fees: 29 Sats/vByte (Up 21%) Nodes: 19,503   ---Reports---  -International Events- 1. Israel Approves Plans for Lebanese Offensive: The Israeli military has approved plans for an offensive in Lebanon amid escalating daily clashes with Hezbollah, which have displaced tens of thousands and caused casualties on both sides. The conflict intensified following Hezbollah's rocket attacks in response to Israel's killing of a group commander. Despite ongoing diplomatic efforts led by the US to de-escalate the situation, Israeli officials have expressed readiness for military action. Hezbollah's recent release of surveillance footage of Israeli sites has further heightened tensions, with Israeli leaders warning of severe consequences if conflict erupts. (Financial Times)   2. Putin Receives Warm Reception in North Korea: As reported yesterday, Russian President Vladimir Putin received a warm welcome in Pyongyang where he met with North Korean leader Kim Jong Un to strengthen their partnership in the face of U.S. pressure. The lavish reception included an honor guard, cheering crowds, and adorned streets. During the summit, both leaders praised each other's resistance to U.S. policies, with Putin highlighting North Korea's support for Russia amid the Ukraine conflict. The visit underscores the deepening ties between the two nations, with discussions on economic cooperation and a potential strategic partnership treaty, signaling strengthening regional alliances. (Reuters)   3. Israeli Intelligence Faces Internal Scrutiny: The IDF and Unit 8200 are facing internal investigations over the mishandling of an intelligence document detailing Hamas's raid plans, leading to significant embarrassment and an investigation into security lapses. The document, distributed by Unit 8200 on September 19, 2023, outlined Hamas's exercises for raiding Israeli military posts and kidnapping civilians but was not properly processed or escalated to senior officials. This oversight became evident when the document was discovered by a Gaza Division intelligence officer on October 1, who failed to inform senior commanders. The mishandling of this critical information, despite its importance being known to top intelligence leadership, is being investigated, with initial findings expected to be presented to the Chief of Staff soon. (The Jerusalem Post)   -US Events- 1. Biden Pushes Path to Citizenship Plans: President Joe Biden has unveiled a sweeping new plan to offer potential citizenship to almost half a million “immigrants without legal status” in the U.S., focusing on spouses of U.S. citizens who have lived in the country for over ten years. This plan would provide protection and work permits to eligible individuals. The plan, announced during an event marking the 12th anniversary of the DACA program, looks to rouse support for the President in an election year which sees Hispanic support moving towards the GOP. Republicans have criticized the plan as a "mass amnesty," while advocates believe it will energize support for Biden's reelection. (AP)   2. New Mexico Declares State of Emergency: Following up on yesterday’s reporting, a wildfire in southern New Mexico has killed at least one person and forced thousands to flee from the village of Ruidoso, prompting Governor Michelle Lujan Grisham to declare a state of emergency. The fire has destroyed or damaged over 500 structures, and strong winds continue to challenge firefighting efforts. Many evacuees have fled to nearby Roswell. The governor has deployed National Guard troops and a top-level fire management team to the area, emphasizing the ongoing danger as the fires, which have burned over 31 square miles, remain uncontained. (AP)   -Regulatory and Legal- 1. SEC Ends ETH 2.0 Investigation: Ethereum's price surged following Consensys' announcement that the U.S. Securities and Exchange Commission (SEC) has dropped its investigation into whether ETH is a security. The news led to a price increase, with ETH reaching $3,541 shortly after the announcement. This development reduces concerns among some investors over potential securities law violations. This follows the SEC's recent approval of spot Ether exchange-traded funds (ETFs) in the U.S., further highlighting a shift in regulatory attitudes towards the crypto space. (Cointelegraph)   -Institutional Concerns- NSTR   -Central Bank Digital Currencies (CBDC)- 1. Bank of Thailand Pushes CBDC: The Bank of Thailand is reportedly increasing its gold reserves to support a de-dollarized trading system powered by a central bank digital currency (CBDC), according to gold market analyst Jan Nieuwenhuijs. Nieuwenhuijs suggests that the Bank's persistent gold purchases are aimed at addressing trade imbalances through the Mbridge project, a CBDC-driven cross-border settlement system. Thailand has been a net importer of gold since October 2023, with purchases continuing despite varying gold prices. This move aligns with the recent bilateral currency agreement with China and aims to stabilize the new trading system by recycling surpluses into gold, promoting de-dollarization. (BitcoinCom)   -Economic Indicators- 1. US Budget Deficit Continues to Rise: The U.S. budget deficit for fiscal 2024 is projected to rise to $1.915 trillion, primarily due to increased spending on student loan relief, Medicaid, bank failure resolutions, and aid to Ukraine and Israel. This marks a 27% increase over previous estimates and follows a significant deficit from the previous year. The Congressional Budget Office also predicts the deficit will further increase to $1.938 trillion in fiscal 2025. Contributing factors include legislative changes and rising interest and healthcare costs, despite a stronger economic outlook and reduced long-term deficits from increased immigration. (Reuters)   2. Business Bankruptcies and Closures Increase: Amid rising inflation, an increasing number of companies are declaring bankruptcy and closing operations, leading to nearly 3,200 store closures in 2024, according to CoreSight Research. This represents a 24% increase from the previous year, with notable closures from retailers such as Family Dollar, Tupperware, Rue21, and 99 Cents Only. The economic strain is compounded by retail theft, higher operating costs, and a surge in consumer debt, with credit card delinquencies on the rise. A poll by The Center Square Voters’ Voice indicates that inflation and the economy are top concerns for voters across political affiliations. (New York Post)   -Security Incidents and Concerns- NSTR   -Bitcoin Community- 1. Summer Temps to Impact Bitcoin Hashrate: Bitcoin's hashrate may decline during the North American summer as miners reduce operations due to extreme heatwaves. The reduced competition could provide some relief to miners already facing profit squeezes since the halving. The seasonal slowdown, driven by the need for cooling and increased residential energy consumption, has historically resulted in lower hashrate and mining difficulty. This trend, particularly affecting miners in the U.S., could lead to a decrease in hashrate growth, offering some miners a temporary respite from intense competition. (CoinDesk)   -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 64/100 (Down 10 pts)   Analyst Comments (AC): Study bitcoin.   Follow us on NOSTR:  npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2B END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 848,472 DTG/ICOD: 0800EST 18Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Putin, Kim Meet in NK / Chinese-Philippine Ships Collide in Spratly Islands / Ukraine Hits Azov Region in Russia With Drones / New Mexico Fire Threatens Town / Federal Judge Stays Iowa Immigration Law / Biden Admin to Allow Spouses of US Cits Legal Status / Why is the US Dollar still the King? / Stocks Hit New Highs Market Data: Price: 1 BTC= $65,363, 28.24 oz Gold, .15 Median US House 24hr Hi: $67,252 / Lo: $64,252 Vol: $36B (Up 83%) Mkt Cap: $1.29T (Down 1%) HashRate: 549 EH/s Avg Fee Rate: 23 sats/vBtye (Up 93%) Nodes: 19,479 ---Reports--- -International Events- 1. Before his summit with North Korea’s Kim, Putin vows they’ll beat sanctions together: Russian President Vladimir Putin thanked North Korea for supporting his actions in Ukraine and said their countries will cooperate closely to overcome U.S.-led sanctions as he headed to Pyongyang on Tuesday for a summit with North Korean leader Kim Jong Un. Putin also said Russia and North Korea will develop trade and payment systems “that are not controlled by the West” and jointly oppose sanctions against the countries, which he described as “illegal, unilateral restrictions.” (AP) 2. US blasts ‘aggressive’ China over South China Sea collision with Philippine ship: A Chinese vessel and a Philippine supply ship collided near Second Thomas Shoal in the contested Spratly Islands early Monday, according to statements from both nations, which blamed each other for the incident. The incident Monday is the latest in a string of recent confrontations between Manila and Beijing that have raised concerns among Western observers of potentially developing into an international incident if China, a global power, decides to act more forcefully against the Philippines. (CNN) 3. Ukrainian Drone Attack Sets Oil Tanks Ablaze in Southern Russia: An overnight drone attack set several oil storage tanks ablaze near the town of Azov in southern Russia on Tuesday, sparking a large fire, local officials said. "Oil product tanks caught fire in Azov as a result of a drone attack. According to preliminary findings, there were no casualties," the Rostov region governor Vasily Golubev said on Telegram. (MoscowTimes) -US Events- 1. Entire New Mexico village evacuates as a pair of fires converge on it ‘like a pair of tongs,’ official says: A wall of smoke filled the sky over the village of Ruidoso Monday evening as a line of cars snaked out of the community. An estimated 5,000 residents were ordered to evacuate the village area due to the approaching South Fork Fire. (CNN) 2. Federal judge calls Iowa's immigration law 'not defensible,' grants injunction: A new Iowa law imposing state criminal penalties on undocumented immigrants is unconstitutional and cannot be enforced, a federal judge ruled Monday. (DesMoinesRegister) 3. Biden announces sweeping protections for migrant spouses of US citizens: The DHS will implement a new policy to allow some migrants to apply for lawful permanent resident status, including the non-citizen spouses and children of lawful U.S. permanent residents or citizens. (Fox) -Regulatory and Legal- 1. Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets: South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user protection tools are among the factors related to virtual assets that will be reviewed. -Institutional Concerns- NSTR -Central Bank Digital Currencies (CBDC)- 1. Ethiopia takes first step toward CBDC in economic reform: The National Bank of Ethiopia (NBE) plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.” (CoinTelegraph) -Economic Indicators- 1. Why the Dominance of America’s Currency is Harder Than Ever to Overturn: The U.S. economy is no longer the colossus it once was. It would be no surprise, then, if the dollar were rapidly losing its power. But in fact the opposite is happening: the trends that would be expected to weaken the dollar, many of them driven by U.S. policy, are only strengthening its global dominance. But predictions of the dollar’s demise have greatly exaggerated the currency’s weakness—a fact made clear by its remarkable endurance. (ForeignAffairs) (AC-A well-balanced, if dollar-biased, long article on the current state of the US dollar relative to other currency choices. The bottom line is that the USD is still doing well because the other options are worse, taking into account the 3 principles of a good currency- a unit of account, store of value and medium of exchange.) 2. S&P 500, Nasdaq Rally to Fresh Records: The S&P 500 advanced 0.7% on Monday to close at its 30th record this year and the Nasdaq rallied 0.9% notching its 6th streak closing record while the Dow Jones gained 189 points. The rally was largely fueled by substantial gains in the tech sector, despite a rise in Treasury yields. (TradingEconomics) -Security Incidents and Concerns- 1. Warning: Fake Ripple Stablecoin Scam Targets XRPL Users: Scammers have begun to exploit the hype around Ripple’s anticipated stablecoin launch, circulating a counterfeit Ripple USD (RLUSD) token on the XRP Ledger (XRPL). The fraudulent activity comes ahead of the expected release of the official RLUSD, set to compete with heavyweight contenders such as Tether and Circle in the stablecoin market. (BItcoinist) -Technology- NSTR -Bitcoin Community- 1. Largest Telecom Provider in Europe, Deutsche Telekom, Will Begin Mining Bitcoin: "Since 2023 we [have been] running a Bitcoin node and we are running Bitcoin Lightning nodes as well," he stated. Dirk Röder then hinted at an upcoming venture, saying, "And with a heart full of [...] pride, I would like to let you in on a little secret: we will engage in 'digital monetary photosynthesis' soon." (Yahoo) 2. Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures: In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. (BitcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 74/100 (Up 3 pts) Analyst Comments (AC): The article in Foreign Affairs today is the second one in a week defending the US Dollar in long-essay form by a major respected publication. Last week Foreign Policy put out an essay called "Don’t Bet Against the Dollar", which has similar observations and analysis. The interesting point is that both articles are free, when articles from these publications are often behind a paywall. Both seem very well-written from economists and on the surface well-balanced. They are good reads for understanding the dynamics of global currency power and why the USD continues its lead among others. They do seem, however, to be stuck in a paradigm that has proven true over the last 60 years and is subject to change. They mention Bitcoin and stablecurrencies and the increasing power they hold, but heavily discount their rise against the dollar. It is certainly contentious when making analysis of a complicated subject as world currency, but the historical bias of USD leadership in the articles should draw suspicion either from narrative influence or change-denial perspectives. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

BTC Daily Intelligence Bulletin (DIB) Block: 848,334 DTG/ICOD: 0800EST 17Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Ukraine Peace Conference Held Without Russia / China Expanding Nuke Arsenal / Netanyahu Disbands War Cabinet / WildFires North of L.A./Heat in Central US / Paul Ryan Pens Support for Stablecoins / Biden Admin to Attend Blockchain Roundtable / El Salvador Brings Bitcoin to Banks / Ripple Continues CBDC Push / Microsoft Pauses "Recall" Rollout / Market Data: Price: 1 BTC= $65,760, 28.36 oz Gold, .15 Median US House 24hr Hi: $66,894 / Lo: $65,548 Vol: $19B (Up 53%) Mkt Cap: $1.3T (Down 1%) HashRate: 661 EH/s Avg Fee Rate: 12 sats/vBtye (Down 60%) Nodes: 18,520 ---Reports--- -International Events- 1. Kremlin derides outcome of Ukraine talks held without Russia: The Kremlin was commenting on a weekend summit where Western powers and their allies denounced Russia's invasion of Ukraine but failed to persuade major non-aligned states to join their final statement. Kremlin spokesman Dmitry Peskov said the results of the meeting, to which Russia was not invited, were "close to zero". (Reuters) 2. China pursuing ‘significant’ expansion of nuclear arsenal, report says: Beijing is both growing and modernizing its nuclear arsenal, according to an annual report released Sunday by the Stockholm International Peace Research Institute (SIPRI). China’s military stockpile grew from 410 nuclear warheads last year to 500 as of January, the report found. China is believed to have placed some warheads on a “high operational alert” for the first time, SIPRI found. (WaPo) 3. Netanyahu disbands his inner war cabinet: Israeli Prime Minister Benjamin Netanyahu has dissolved the six-member war cabinet, an Israeli official said on Monday, in a widely expected move that came after the departure from government of the centrist former general Benny Gantz. (Reuters) -US Events- 1. Wildfire north of Los Angeles spreads as authorities evacuate 1,200 people: The blaze, named the Post Fire, burned more than 3,600 acres (5.6 square miles or 14.5 square kilometers) near the Interstate 5 freeway in Gorman, about 62 miles (100 kilometers) northwest of Los Angeles. (Breitbart) 2. Stifling heat wave settles in for the long haul: A heat dome is building in intensity across the Ohio Valley and lower Great Lakes. It is forecast to shift east-northeastward this week, and potentially peak at record intensity at this time of year for New England. (Axios) -Regulatory and Legal- 1. Crypto Could Stave Off a U.S. Debt Crisis: The U.S. is headed toward a predictable yet avoidable debt crisis. If nothing is done, the economy will stall while government promises of healthcare and retirement security will be broken. Cuts to national defense will put the country at risk. We might start by taking stablecoins seriously. Promoting dollar-backed stablecoins would follow a well-trodden path and offer clear near-term benefits. There would be an immediate, durable increase in demand for U.S. debt, which would reduce the risk of a failed debt auction and an attendant crisis. (Fmr Speaker Paul Ryan in WSJ) 2. Salvadoran Government Introduces Bitcoin Banking Law Reform: The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide services in Bitcoin and stablecoins for sophisticated investors. (BitcoinCom) (AC-El Salvador leading the charge in making Bitcoin more accessible to all) 3. Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable: Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to “end Joe Biden’s War on Crypto.” (BitcoinCom) -Institutional Concerns- 1. MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge: Nasdaq-listed software firm MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), increased its convertible note offering by 40% to $700 million and priced it to offer a 2.25% annual yield. (CoinDesk0 -Central Bank Digital Currencies (CBDC)- 1. Ripple CEO announces collaborations with 10 governments on CBDCs: Ripple’s influence in the global financial sector is growing. Recently, it was revealed that 80% of banks in Japan have partnered with Ripple for blockchain payment solutions. Moreover, Ripple’s engagement in CBDC pilot programs extends beyond Georgia to include countries such as Colombia, Bhutan, Palau, and Montenegro, demonstrating its role in the worldwide digital transformation of central banking systems.Additionally, Ripple is preparing to introduce its stablecoin, Real USD (RLUSD), which was unveiled at the recent XRP Ledger (XRP) Apex Summit in Amsterdam. (Finbold) -Economic Indicators- 1. Dollar Hovers Near 6-Week Highs: The dollar index held above 105.5 on Monday, hovering near its highest levels since early May as the Federal Reserve’s updated projections released last week pointed to only one interest rate cut this year, which could come as late as December. (TradingEconomics) -Security Incidents and Concerns- 1. Microsoft Delays Release of Windows Recall Feature Due to Security Concerns: Microsoft has hit the brakes on the release of Windows Recall, a controversial feature that would record all your activities on your PC, taking screenshots of your active screen every few seconds. Well, it looks like Microsoft has finally awakened to just how big of a security risk Recall was set to be, as the company has announced that Recall will no longer be a part of the upcoming Copilot+ PCs. (TechReport) -Technology- NSTR -Bitcoin Community- 1. These Central Banks Buy Bitcoin, Others Will Soon Follow, Claims Expert: In a space on X that included influential voices from the industry—Bitcoin Magazine CEO David Bailey, alongside analysts Dylan LeClair and Matthew Pines—claims were made that are stirring intense discussions within financial and crypto circles. Bailey, who is serving as one of Trump’s closed Bitcoin advisors, boldly asserted that multiple central banks globally are actively acquiring Bitcoin. After being queried by Fred Krueger about which countries besides El Salvador, David Bailey asserted: “Iran, Bhutan, Venezuela, nobody super impressive. The large government buyers are the sovereign wealth funds.” (Bitcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 71/100 (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: 847,891 DTG/ICOD: 0800EST 14Jun24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Israel-Hezbollah Clashes Intensify / G7 To Lend $50B to Ukraine / NATO Takes Over Ukraine Money Flows / Storms Continue in Sunshine State / New Greenpeace Report Targets Bitcoin Miners and Wall Street / Largest Brazil Bank Opens Bitcoin Trading / US Banks Not Interested in Retail CBDCs / Trezor Launches New Hardware Wallet / US Losing Bitcoin Developers Market Data: Price: 1 BTC= $67,027, 28.72 oz Gold, .16 Median US House 24hr Hi: $68,337 / Lo: $66,304 Vol: $26B (Down 27%) Mkt Cap: $1.32T (Down 1%) HashRate: 558 EH/s Avg Fee Rate: 39 sats/vBtye (Up 18%) Nodes: 19,391 ---Reports--- -International Events- 1. Hezbollah-Israel clashes intensify as fears grow of all-out war in Lebanon: The Israeli military said that its air force struck Hezbollah infrastructure in southeast Lebanon’s Deir Seryan. Earlier, the Israeli military said Hezbollah launched 40 projectiles toward northern Israel. Some were intercepted, but others landed and caused fires, the military said in statements. In a widely shared video on social media, Israeli forces were seen using a catapult to launch fireballs into Lebanon. Israel and Hezbollah have engaged in nearly nonstop cross-border exchanges since the Gaza war began last October, but the situation has escalated in recent weeks, leading to increased US concerns about an all-out war between the two. (ALMonitor) 2. G7 leaders agree to lend Ukraine billions backed by Russia’s frozen assets: Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Most of the money would be in the form of a loan mostly guaranteed by the U.S. government, backed by profits being earned on roughly $260 billion in immobilized Russian assets. The vast majority of that money is held in European Union nations. (AP) (AC-Economic warfare usually has unintended consequences. Enter BRICS.) 3. NATO to take over part of US-led Ukraine aid channel: The shift is broadly perceived as a move by European allies to "Trump-proof" the Ukraine Defense Contact Group, given the possibility that former U.S. President Donald Trump could return to the White House in November elections. Trump is seen as likely to roll back U.S. commitments to Kyiv. The contact group mechanism has been firmly under the control of the U.S. Department of Defense since the outbreak of Russia's full-scale war on Ukraine in February 2022. (Politico) -US Events- 1. Storm-battered Florida braces for a fourth day of floods after downpours transformed roads into canals and stranded drivers: Even as the robust tropical moisture fueling the soaking storms slowly starts to shift out of the area, Friday marks yet another drenching day for South Florida and multiple cities could see more than 2 feet of rain Tuesday through Friday. (CNN) 2. Texas’s Title IX case is about a national abortion ban, not student attendance: A new case out of Texas, brought by Attorney General Ken Paxton for the state of Texas and joined by two University of Texas (UT) Austin professors, broadly challenges the U.S. Department of Education’s interpretation of Title IX — the federal law that prohibits sex discrimination in education — that is set to go into effect later this summer. The case is generating headlines partly because the two plaintiff professors have declared (in advance) that they will not comply with the Title IX guidance. They lodge a range of complaints about using non-binary gender pronouns and “cross-dressing” teaching assistants, and, notably, students who seek abortions. (TheHill) -Regulatory and Legal- 1. Wall Street must be accountable for Bitcoin mining emissions — Greenpeace: The report, titled “Bankrolling Bitcoin Pollution: How Big Finance Supports a New Climate Threat” from the environment-focused NGO, differs from previous Greenpeace papers on the Bitcoin mining industry. The report names Trinity Capital, Stone Ridge Holdings, BlackRock, Vanguard and MassMutual as the top five financiers of carbon pollution from Bitcoin mining companies. (CoinTelegraph) (AC-An -Institutional Concerns- 1. Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC: BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows. (CoinDesk) 2. Brazil’s Biggest Bank, with BRL 2.069 Trillion Assets under Management, Opens Bitcoin (BTC) Trading for Everyone: Itau Unibanco has made a significant expansion in its financial services. The bank has introduced cryptocurrency trading to all customers through its in-house investment platform, Ion. (CryptoNews) -Central Bank Digital Currencies (CBDC)- 1. Do wholesale CBDCs compete with bank services?: Most banks are not keen on retail central bank digital currencies (CBDCs) because they fear it will lure away bank deposits. The recent support by the American Bankers Association for the anti-CBDC Bill is evidence of this. (LedgerInsights) (AC-Good perspective on banker's incentives. Some bankers, however, DO support wholesale CBDCs.) -Economic Indicators- 1. 10-Year Treasury Yield Falls for 4th Day: The yield on the US 10-year Treasury note declined for a fourth consecutive session to 4.21% on Friday, reaching the lowest level since the end of March, as lower-than-expected CPI and PPI and a rise in initial claims increased bets the Fed can deliver multiple rate cuts this year. (TradingEconomics) 2. US Producer Prices Unexpectedly Decline: Factory gate prices in the US went down 0.2% mom in May 2024, compared with market expectations of a 0.1% increase and after a 0.5% rise in April. (TradingEconomics) -Security Incidents and Concerns- NSTR -Technology- 1. Trezor launches Safe 5 crypto hardware wallet, including a bitcoin-only version: The firm said the new device will enable users to securely store, manage, stake, and use thousands of cryptocurrencies in one place via the Trezor Suite desktop and mobile app. Unlike rival manufacturer Ledger, Trezor devices are open-source, meaning they are community-based and audited so vulnerabilities may be seen and fixed faster. On the other hand, it may make devices easier to crack when stolen. (TheBlock) -Bitcoin Community- 1. From Silicon Valley to Global Hubs: US Crypto Developers Shift Overseas: The United States has long been a beacon of technological innovation, but in recent years, it has seen a troubling trend in the cryptocurrency sector. According to a recent report by Coinbase, since 2018, there has been a 26% drop in the proportion of crypto developers based in the US. Responding to this, Bill Morgan suggests that the actions taken by the SEC, particularly under Gensler’s leadership, have not only stifled innovation but also discouraged the broader market. (BItcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 74/100 (Down 2 pts) Analyst Comments (AC): As the G7 countries continue to fight for relevance and political power, the shifts in global alliances are unsettling to a historical observer. All but the Italian leader have the world's lowest popularity scores of developed nations. Ukraine money flows, until now handled by US DoD, is now firmly in NATO's hands, and NATO is not well-known for its administrative prowess. Meanwhile, the BRICs organization continues to grow in opposition to US hegonomy. Even to a casual observer, it is obvious that world alliances are changing and economic manuvering is in high gear. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report