BTC Daily Intelligence Bulletin (DIB) Block: 860,878 DTG/ICOD: 1200Z 11Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Judicial Reform Passes in Mexico, Protests Erupt / Iran Refutes Missile Supply to Russia / Hurricane to Hit Louisiana / Presidential Debate Ignites Rhetoric / Binance Exec Withers in Nigerian Jail / Digital Yuan Making Strides / BTC ETFs Big Hit with Retail and Advisors / CPI Core: 3.2% Indonesian Crypto Exchange Hacked / AI Writes About AI / Solo Miner Hits Jackpot / 5Th Gen Warfare Front and Center This Year Market Data: Price: 1 BTC= $56,483, 22.54 oz Gold, .13 Median US House 24hr Hi: $58,029 / Lo: $56,111 Vol: $32B (Down 4%) Mkt Cap: $1.12T (Down 2%) HashRate: 572 EH/s Avg Fee Rate: 3 sats/vBtye (Down 40%) Nodes: 19,321 ---Reports--- -International Events- 1. Protests in Mexico as controversial judicial reform passed: Mexico's Senate has approved a controversial judicial reform under which judges will be elected by popular vote. Its supporters say the changes will make judges more accountable to the Mexican people but critics argue it undermines the country's system of checks and balances and will strengthen the power of the governing Morena party. The bill has triggered strikes and protests, with demonstrators earlier breaking into the building where the vote was due to take place. (BBC) 2. Iran pledges reaction to Western sanctions over Russian missile supply: Iran has condemned allegations by Western countries that it has supplied short-range missiles to Russia for use against Ukraine and pledged to respond to new sanctions imposed by a trio of European states. Ministry of Foreign Affairs spokesman Nasser Kanaani called the sanctions announced by Britain, France and Germany “economic terrorism” against the people of Iran. (AlJazeera) -US Events- 1. Hurricane Francine charges toward Louisiana coast: Multiple parishes in Louisiana have issued mandatory evacuation orders as the Category 1 hurricane is set to make landfall Wednesday afternoon. State and local officials are urging residents to prepare for the storm's wrath, which is also expected to bring widespread power outages, significant flooding and substantial property damage. (Fox) 2. Harris Baits Trump in Fiery Presidential Debate: The candidates square off in Philadelphia with polls essentially tied eight weeks before Election Day. Her performance Tuesday night quickly earned her one of the most coveted endorsements—that of megastar Taylor Swift, who posted on Instagram that she would be voting for the vice president. (WSJ) (AC-The reports on the debate are wildly partisan with some outlets declaring complete victory for Harris, some for Trump, and a plethora of 'fact-checking', the new term for partisan spin. What can be objectively ascertained is that Harris did better than many expected and that neither candidate elaborated on substantive policy discussion, oh yeah, and that legacy media outlets are very pro-Harris.) -Regulatory and Legal- 1. Nigeria postpones bail hearing for Binance executive: Tigran Gambaryan, the Binance executive detained in Nigeria on account of the exchange’s alleged crimes, will have to wait another month for a decision on his bail plea. Gambaryan appeared before an Abuja court after his legal team filed a new bail application, citing his failing health. The application claimed that the former IRS officer had developed multiple conditions in the six months he has been in prison, including malaria and pneumonia. (CoinGeek) -Central Bank Digital Currencies- 1. China's Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals: China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of 7 trillion yuan (close to $1 trillion). In addition, China is working with several nations on a cross-border digital currency project, aiming to enhance global payment systems. (BitcoinCom) -Institutional Concerns- 1. Standard Chartered Now Offers Bitcoin and Ethereum Custody Services in UAE: Standard Chartered has launched a digital asset custody service in the UAE, licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, starting with bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans to expand into more digital assets. (Decrypt) 2. US spot bitcoin ETFs rebound with $117 million in daily inflows led by Fidelity’s FBTC: Spot bitcoin exchange-traded funds in the U.S. posted total daily net inflows worth $116.96 million on Tuesday. The funds shifted to net inflows on Monday, ending their eight-day streak of negative flows. (TheBlock) 3. Investment Advisors Adopting Bitcoin ETFs Faster That Any Exchange-Traded Fund in History, Says Bitwise CIO: Posted on X, "The truth is that investment advisors are adopting Bitcoin ETFs faster than any other ETF in history. It is just that their historic flows are overshadowed by the even-more-historic purchases of other investors. It is accurate to say that investment managers represent a small fraction of buyers of Bitcoin ETFs. But it is not accurate to say that investment manager purchases of Bitcoin ETFs are ‘small.'” (DailyHODL) -Economic Indicators- 1. Bitcoin’s correlation with Nasdaq rises to 0.39, diverges from gold at -0.40: Julio Moreno from CryptoQuant shared data showing that Bitcoin currently indicates a positive correlation of +0.39 with the Nasdaq index while displaying a negative correlation of -0.40 with gold over 30 days. This data showcases Bitcoin’s increasing ties to risk assets like tech stocks rather than behaving as a safe-haven asset like gold. (CryptoSlate) (AC-To be taken in context, correlation studies like this are subject to many changing variables and ultimately reflect a statement on human psychology, which can be fickle.) 2. CPI 0.2% MoM, Exp. 0.2%, CPI Core 0.3% MoM, Exp. 0.2% CPI 2.5% YoY, Exp. 2.5%, CPI Core 3.2% YoY, Exp. 3.2% (ZeroHedge) -Security Incidents and Concerns- 1. Indonesian crypto exchange Indodax goes offline after suspected $22M hack: The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations. (CoinTelegraph) -Technology and Science- 1. AI, Robotics Advances Will Bring ‘Crisis of Meaning’, Elon Musk Says: Tesla CEO Elon Musk said he sees a future where humans will have to figure out new ways to give their lives purpose, thanks to advancements in artificial intelligence and robotics. (Decrypt) (AC-Notice this is an AI-generated article about the future of AI.) -Bitcoin Community- 1. Another Solo Bitcoin Miner Wins Block, Nabs $180,000 Reward: According to MempoolSpace, block 860749 was mined by Solo CK—a unique mining pool that doesn’t split mining rewards between its participants. That means one miner won a full 3.169 BTC (worth about $181,000 as of writing) for their efforts, inclusive of Bitcoin’s full block subsidy and the block’s transaction fees. (Decrypt) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 37/100 (Up 4 pts) Analyst Comments (AC): In the era of 5th generation warfare (5GW), where the mind of the populace is the battlefield, media reporting is a large conduit for manipulation. For centuries this has taken the form of propaganda, but increases in technology and leverage have given the participants in the battle of 'hearts and minds' an advantage. The structure of world geopolitics, resting upon the hegemony of the US empire, is wholly fascinated and focused on the US Presidential election for future direction. This year, being an election year, is the climax of a 5GW cycle that begins with narratives, channels for those narratives, and amplification in other domains of warfare (economic, political, kinetic, subversive, etc.). The legacy and new media is in full-on war mode in affecting this change and reporting is far from objective. In other words, the current news cycle is one of manipulation and fabrication for your 'heart and mind'. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

Bitcoin Veterans Podcast EP 59 with @Alekandar Svetski

Fountain

Bitcoin Veterans • 059. Aleksandar Svetski • Listen on Fountain

Aleksandar is the Author of the best selling “UnCommunist Manifesto” and the up-coming "Bushido of Bitcoin”. In 2018, he launched the world�...

Bitcoin Veterans sat down with @Anders at his Pleb Party in Nashville, where he was generous enough to give us access to the back room to conduct interviews with some of his amazing guests Here is our interview with Ander’s

BTC Daily Intelligence Bulletin (DIB) Block: 860,750 DTG/ICOD: 1200Z 10Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Hamas Command Center Struck in Gaza / Ukrainian Drones Target Moscow / Another USG Shutdown Possible / Presidential Debate Tonight / Kentucky Shooter Is a Veteran / Class Action Suit Against Coinbase Continues / NC Passes Anti-CBDC Bill / Putin Admits to Mining BTC / Consumer Credit Growth Doubles Expectations / Ford Wants to Spy on Your Car Conversations / US House Votes to Ban DJI Drones / New DOJ Antitrust Suit Against Google / Three Years of El Salvador's Bitcoin Strategy Market Data: Price: 1 BTC= $57,283, 22.83 oz Gold, .13 Median US House 24hr Hi: $58,041 / Lo: $54,848 Vol: $34B (Up 40%) Mkt Cap: $1.13T (Up 4%) HashRate: 628 EH/s Avg Fee Rate: 5 sats/vBtye (Up 150%) Nodes: 19,378 ---Reports--- -International Events- 1. Dozens reported killed in Israeli strikes on ‘Hamas command center’ in Gaza humanitarian area: At least four Israeli missiles struck the tent encampment near Khan Younis which is now home to thousands of civilians who fled their war-torn homes — as well as a Hamas command center, according to the IDF’s claims. The military said it used “precise munitions, aerial surveillance, and additional means” to mitigate the risk of striking innocent civilians who were sheltering from the war in the encampment, according to CNN. An official with Hamas’ civil defense authority told BBC that 40 people were killed in the attack and 60 others were wounded. (NYPost) 2. A woman is killed near Moscow as over 140 Ukrainian drones target Russia: Over 140 Ukrainian drones targeted multiple Russian regions overnight, including Moscow and surrounding areas, killing at least one person, officials said Tuesday, in one of the biggest drone attacks on Russian soil in the 2 1/2-year war. (AP) -US Events- 1. Government shutdown threat looms over Congress' return: Lawmakers will return to Capitol Hill on Monday after a lengthy August recess to kick off a government funding fight with just three weeks to avert a shutdown. Congress has until Oct. 1 to fund the government during the pre-Election Day sprint. With the abbreviated timeline, lawmakers will almost certainly need to pass a stopgap measure to keep the government funded — leaving the full-year funding effort for a later date. (CBS) 2. Harris and Trump ‘neck and neck’ heading into crucial debate: The vice president and her Republican rival are separated by just one point days before they take the debate stage in Philadelphia the poll by The New York Times/Siena College found. Tuesday night’s ABC News debate will be the first for Harris but the second for Trump after he took on Joe Biden in June. (IndependentUK) 3. Suspected Kentucky interstate shooter has military background, still on lam 48 hours after attack: The suspect, identified as 32-year-old Joseph A. Couch, opened fire around 6 p.m. Saturday near exit 49, authorities said, adding that the shooter fired 20 to 30 rounds, striking 12 vehicles. The U.S. Army said Couch was in the Army Reserve from March 2013 to January 2019 as a 12B combat engineer. "He was a private at the end of service. He has no deployments," the U.S. Army said. (Fox) -Regulatory and Legal- 1. Class Action Suit Against Coinbase Will Continue, Judge Rules: Last week, a U.S. judge partially denied Coinbase's request to dismiss a class action lawsuit from shareholders who accused the exchange of misleading them about the possibility of being sued by the SEC. The judge ruled that while the plaintiffs had a plausible case of negligence on Coinbase's part, most of the allegations were not plausible. Coinbase's motion to dismiss was granted in part and denied in part. (Decrypt) -Central Bank Digital Currencies- 1. North Carolina Senate overrides governor veto, passes bill banning CBDC: The bill forbids the state of North Carolina from accepting CBDCs as a form of payment and prohibits it from participating in future CBDC tests conducted “by any Federal Reserve branch.” (CoinTelegraph) -Institutional Concerns- 1. Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023: During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s development. (BitcoinCom) 2. Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflow: Data indicates that Bitcoin ETFs have seen a shift, with a $28.6 million inflow marking the first positive inflow since Aug. 26, following eight consecutive trading days of outflows. (CryptoSlate) -Economic Indicators- 1. US Consumer Credit Growth Surprises in July: Total consumer credit in the U.S. surged by $25.45 billion in July 2024, significantly higher than the $12.5 billion increase expected by markets, and well above the downwardly revised $5.23 billion rise in June. This marked the largest credit growth since November 2022, driven by substantial increases in both revolving and non-revolving debt. -Security Incidents and Concerns- 1. Ford seeks patent for tech that listens to driver conversations to serve ads: Ford Motor Company is seeking a patent for technology that would allow it to tailor in-car advertising by listening to conversations among vehicle occupants, as well as by analyzing a car’s historical location and other data, according to a patent application published late last month. (RecordedFuture) (AC-This is the type of story that needs groundswell support to push back against encroaching losses of privacy.) -Technology and Science- 1. US House Votes To Ban New Drones Made By China's DJI: The U.S. House of Representatives voted Monday to ban new drones made by Chinese giant DJI from operating in the country after lawmakers voiced national security concerns. The bill would prohibit the remote control devices from using American communications infrastructure. The measure wouldn't affect DJI drones already in America, where the company has sold more than half of all the drones in use. The bills all need Senate approval before they could be signed into law and with less than two months before November's presidential and congressional elections it's unclear if that will happen. (IBT) 2. US DOJ Targets Google’s Dominance in the Digital Ad Tech Industry With New Lawsuit: THe US government is going after Google and its extremely profitable ad tech operations. This week the Department of Justice (DoJ) starts a crucial trial where they accuse Alphabet, Google's parent company of running an unlawful monopoly within the digital advertising market. Since the tech giant earned over $200 billion in 2023 through advertisement, this case could attract serious consequences for the tech company. (TechTimes) -Bitcoin Community- 1. El Salvador’s Bitcoin Bet Is Now 3 Years Old, Here’s How It’s Going So Far: Three years ago, on September 7, 2021, the country of El Salvador shocked the world when its president, Nayib Bukele, announced that the country would be adopting Bitcoin as legal tender. The county also began buying BTC to add to its reserves, growing that stash over the years. At the time, the country bought 400 BTC at an average price of $46,811, costing $18.724 million at the time. At the time of writing, the country of El Salvador now owns a total of 5,867 BTC. The Nayib Tracker website shows that the average cost of this Bitcoin stash is $43,884. Data shows that the country is now sitting on a profit of $34.55 million from its Bitcoin purchases, This translates to a 25.88% gain on its BTC purchases over the last three years. (Bitcoinist) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 33/100 (Up 4 pts) Analyst Comments (AC): RIP James Earl Jones, the "Voice". Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

Bitcoin Veterans SITREP: Bitcoin and Politics - How Economic Systems Shape our Future

Fountain

Bitcoin Veterans • Bitcoin Veterans SITREP: Bitcoin and Politics - How Economic Systems Shape Our Future • Listen on Fountain

As we explore the implications of the migrant situation, we question the logistics behind the arrival of 20,000 Haitians in a town of 60,000 reside...

BTC Daily Intelligence Bulletin (DIB) Block: 860,605 DTG/ICOD: 1200Z 09Sep24 Precedence: Routine (RR) Controls: Public Release QQQQ __________________________ BLUF: Jordanian Kills 3 Israeli Border Guards / Maduro Opponent Flees Venezuela / Israel Strike Targets in Syria / SECDEF Speaks Out Against Continuing Resolution for DoD / GA Shooter Mom Called School Beforehand / BTC ETF Outflows $1.2B / Block Overtakes Coinbase / Capital One Shared Your Personal Data with Big Tech / GMO Hangover Cure / Corporate Adoption of BTC Up / Japan's TEPCO Now Mining BTC Market Data: Price: 1 BTC= $55,196, 22.12 oz Gold, .13 Median US House 24hr Hi: $55,534 / Lo: $53,653 Vol: $24B (Up 51%) Mkt Cap: $1.09T (Up 1%) HashRate: 590 EH/s Avg Fee Rate: 2 sats/vBtye (Down 50%) Nodes: 19,522 ---Reports--- -International Events- 1. Gunman crossing from Jordan kills three Israelis at border, Israeli army says: “A terrorist approached the area of the Allenby Bridge from Jordan in a truck, exited the truck and opened fire at the Israeli security forces operating at the bridge,” the Israeli military said. “The terrorist was eliminated by the security forces, three Israeli civilians were pronounced dead as a result of the attack,” it added. (NBC) 2. Venezuela opposition leader Gonzalez lands in Spain seeking asylum: Venezuelan opposition presidential candidate Edmundo Gonzalez flew into Spain on Sunday to seek asylum, Madrid said, hours after quitting his country amid a political and diplomatic crisis over July's disputed election. The exit of the 75-year-old - seen by the U.S., the EU and other powers in the region as the winner of the disputed vote - came a week after Venezuelan authorities issued an arrest warrant for him, accusing him of conspiracy and other crimes. (Reuters) 3. Israeli strikes on Syria kill at least 16 people, Syrian state media say: Israeli airstrikes killed 16 people in western Syria and wounded dozens more overnight, Syrian state media reported on Monday, the deadliest Israeli attack reported by Syrian authorities since the Iranian embassy compound in Damascus was hit in April. Two regional intelligence sources said a major military research centre for chemical arms production located near Masyaf, in Hama province near the Mediterranean coast, had been hit several times. They said it was believed to house a team of Iranian military experts involved in weapons production. (Reuters) (AC- The IDF is in a full out conflict against any Iranian proxies in the region, irrespective of national borders. Iranian proxies in Gaza, West Bank, Lebanon, Yemen and Syria are all being targeted.) -US Events- 1. Pentagon chief says a six-month temporary budget bill will have devastating effects on the military: Lloyd Austin said that passing a continuing resolution that caps spending at 2024 levels, rather than taking action on the proposed 2025 budget will hurt thousands of defense programs, and damage military recruiting. “Asking the department to compete with (China), let alone manage conflicts in Europe and the Middle East, while under a lengthy CR, ties our hands behind our back while expecting us to be agile and to accelerate progress,” said Austin in the letter to leaders of the House and Senate appropriations committees.(AP) 2. Georgia shooting suspect's mother warned school of 'emergency': The mother of the suspect in last week’s Georgia shooting contacted his school to warn of an "extreme emergency" and asked them to check on her son the day of the attack, US media reports. According to the Post, there appears to have been some confusion when a school administrator went to look for the boy, as another child had a similar name. -Regulatory and Legal- NSTR -Central Bank Digital Currencies- NSTR -Institutional Concerns- 1. Bitcoin ETFs record combined $1.2B in outflows in 8 days: On Sept. 9, Bloomberg data showed investors withdrew around $1.2 billion from the 11 listed spot Bitcoin ETFs between Aug. 30 and Sept. 6 — their longest run of outflows since launching on Jan. 10. (CoinTelegraph) 2. Block Inc. overtakes Coinbase in market capitalization as Barclays revises price target: Block, Inc., the company behind payment processor Square, music streaming service Tidal, and bitcoin funding initiative Spiral, among other subsidiaries, has surpassed Coinbase in market capitalization for the first time since March. (TheBlock) -Economic Indicators- 1. Treasury Yields Edge Higher: The yield on the US 10-year Treasury note increased to 3.76% on Monday, after touching a 15-month low of 3.71% on Friday, with traders bracing for the key CPI and PPI reports later in the week for further insights on inflation trends and clues about the Fed's next steps. (TradingEconomics) 2. US Wages Rise More than Expected: Average hourly earnings for all employees on US private nonfarm payrolls increased by 14 cents, or 0.4%, to $35.21 in August 2024, following a 0.2% rise in July and slightly above forecasts of a 0.3% rise. (TradingEconomics) 3. US Job Growth Below Forecasts: The US economy added 142K jobs in August 2024, more than a downwardly revised 89K in July but below forecasts of 160K. (TradingEconomics) -Security Incidents and Concerns- 1. Billion-Dollar Bank Accused of Secretly Sending Customers’ Personal and Financial Information to Facebook, Google and Microsoft: A new class-action lawsuit alleges Capital One engaged in an “outrageous, illegal, and widespread practice of disclosing – without consent – the Nonpublic Personal Information and Personally Identifiable Financial Information” of its customers, sharing it with third parties including Facebook, Google and Microsoft. (DailyHODL) -Technology and Science- 1. Silicon Valley’s new wedding perk: A bio-engineered hangover cure: One shot offers around 18 hours of protection, according to San Francisco-based ZBiotics. The protection comes from a bioengineered enzyme that breaks down acetaldehyde, a toxic, gut-lingering byproduct of alcohol that causes those morning-after headaches and stomach gymnastics. (SFStandard) (AC-Proudly GMO, what could go wrong?) -Bitcoin Community- 1. Corporate Bitcoin Adoption Surges in 2024, River Report Reveals: River’s report indicates that as of August 2024, businesses collectively hold 683,332 bitcoin (BTC), which represents 3.3% of the total bitcoin supply. This marks an impressive 587% growth in corporate holdings since 2020, with a 30% increase over the past year. The report also reveals that U.S.-domiciled companies account for 49.3% of these holdings, representing $19.7 billion. (BitcoinCom) 2. Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy: A subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question, has cleverly placed its bitcoin mining units right next to solar farms in the Tochigi and Gunma prefectures, harnessing renewable energy to power the process. (BitcoinCom) -Bitcoin Sentiment- 1. Fear(0)/Greed(100) Index: 29/100 (Up 5 pts) Analyst Comments (AC): Some days the relevant news is slow, like today. Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r ____________________ Analyst: BV2A END REPORT NNNN *NSTR-Nothing Significant To Report

Bitcoin Veterans SITREP: Navigating Bitcoin's Volatility: Lessons from MicroStrategy's Journey

Fountain

Bitcoin Veterans • Bitcoin Veterans SITREP: Navigating Bitcoin's Volatility - Lessons from MicroStrategy's Journey • Listen on Fountain

In this episode of the Bitcoin Veteran Spaces, host Coleman and the crew dive into the latest developments in the Bitcoin world, including an insig...

"Never interrupt your enemy when he is shitcoining." - Napoleon Bonaparte

“Bitcoin is a mere continuation of economics by other means.” - Carl von Clausewitz, On Stacking