BTC Daily Intelligence Bulletin (DIB)
Block: 861,558
DTG/ICOD: 1200Z 16Sep24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Houthis Fire Hypersonic Missile at Israel / Venezuela Arrests Americans in Supposed Plot / Trump Target of Another Assassination Attempt / Kraken Drops Lighting in Germany / Russia Launching CBDC / MicroStrategy Buys Another $1.1B of BTC / Fed Cut 25 or 50 BPS / 17 Y/O Arrested for UK Transportation Hack / United Air Offers Starlink / El Salvador Achieves Financial Independence
Market Data: Price: 1 BTC= $58,722, 22.77 oz Gold, .14 Median US House
24hr Hi: $60,381 / Lo: $58,144
Vol: $27B (Up 107%)
Mkt Cap: $1.16T (Down 2%)
HashRate: 609 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 33%)
Nodes: 19,024
---Reports---
-International Events-
1. Netanyahu warns Yemen’s Houthis face a ‘heavy price’ as missile lands in central Israel: The projectile was fired from Yemen toward Israel at 6am local time this morning, according to the Israel Defense Forces who added that it “most likely fragmented in mid-air.” The missile fell in an open area in central Israel, with no injuries reported. The Houthis said they used a “new hypersonic ballistic missile” and warning that Israel should expect more such strikes as the first anniversary of the October 7 attack by Hamas approaches. (CNN)
2. Venezuela says it arrested Navy SEAL allegedly involved in a plot to kill President Maduro: Three Americans, two Spaniards and a Czech citizen were arrested Saturday after Venezuelan officials accused them of coming to the South American country to assassinate President Nicolas Maduro. The arrest of the American citizens included a member of the Navy, who Cabello identified as Wilbert Joseph Castañeda Gomez. Cabello said that Gomez was a Navy SEAL who had served in Afghanistan, Iraq and Colombia. The announcement of the arrests comes just two days after the U.S. Treasury imposed sanctions on 16 allies of Maduro who were accused by the U.S. government of obstructing voting during the disputed July 28 Venezuelan presidential election, and carrying out human rights abuses. The Maduro administration has previously used Americans imprisoned in Venezuela to gain concessions from the U.S. government. (StarsandStripes)
-US Events-
1. Trump was the subject of an apparent assassination attempt at his Florida golf club, the FBI says: U.S. Secret Service agents stationed a few holes up from where Trump was playing noticed the muzzle of an AK-style rifle sticking through the shrubbery that lines the course, roughly 400 yards away. An agent fired and the gunman dropped the rifle and fled in an SUV, leaving the firearm behind along with two backpacks, a scope used for aiming and a GoPro camera, Palm Beach County Sheriff Ric Bradshaw said. The man was later stopped by law enforcement in a neighboring county. They had been on the fifth hole and about to go up to putt when they heard a “pop pop, pop pop.” Within seconds, he said Witkoff recounted, Secret Service agents “pounced” on Trump and “covered him” to protect him. The man in custody was Ryan Routh, three law enforcement officials told the AP.(AP)
-Regulatory and Legal-
1. Kraken Removes Bitcoin Lightning Network Link in Germany: Kraken, a top crypto exchange, has removed the Lightning Network feature for customers in Germany, citing "technical changes." Earlier reports suggested that regulatory issues were the cause, but Kraken clarified that it was a result of technical changes. The Lightning Network is a second layer application for Bitcoin that speeds up transactions and allows for smaller purchases. (Decrypt)
-Central Bank Digital Currencies-
1. Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025: The Bank of Russia aims to open the payment infrastructure for the Russian CBDC, the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also required to accept digital rubles. A pilot program is currently underway involving banks, individuals, and businesses. (BitcoinCom)
-Institutional Concerns-
1. MicroStrategy Buys $1.1 Billion Worth of Bitcoin: MicroStrategy, the software firm known for its bullish stance on Bitcoin, has purchased an additional 18,300 BTC worth nearly $1.1 billion. This is the company's largest Bitcoin purchase since February 2021, bringing its total holdings to 244,800 BTC. MicroStrategy remains the largest corporate holder of Bitcoin, controlling more than 1% of the entire possible Bitcoin supply. (Decrypt) (AC-Big move!)
2. US spot bitcoin ETFs log highest daily inflows in nearly two months as BTC challenges $60,000: Spot bitcoin exchange-traded funds in the United States had their best day for inflows in nearly two months on Friday—despite the fact that the largest ETF on the market logged no inflows of its own. US-based spot bitcoin ETFs logged a daily total net inflow of $263.1 million, the most for a single day since July 22's massive $485.9 million 55 days ago. (TheBlock)
-Economic Indicators-
1. US 10-Year Yield Slips as Fed Rate Verdict Looms: The yield on the US 10-year Treasury slipped to around 3.64% on Monday, hovering at its lowest levels since May 2023 as traders piled on bets that the Federal Reserve will move more aggressively when it starts cutting interest rates this week. Markets are currently pricing in a 59% chance that the Fed will deliver a larger 50 basis point rate cut. (TradingEcomomics)
-Security Incidents and Concerns-
1. 17-Year-Old Arrested in Connection with Cyber Attack Affecting Transport for London: The teenager, who's from Walsall, is said to have been arrested on September 5, 2024, following an investigation that was launched in the incident's aftermath. "Attacks on public infrastructure such as this can be hugely disruptive and lead to severe consequences for local communities and national systems," Deputy Director Paul Foster, head of the NCA's National Cyber Crime Unit, said. (HackerNews)
-Technology and Science-
1. United Brings Starlink's Satellite Internet to Over 1,000 Planes, Free in-Flight WiFi Coming by 2025 (TechTimes)
-Bitcoin Community-
1. President Bukele announces that El Salvador will no longer borrow external debt to finance its budget. (X Post by Bukele)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 39/100 (Up 7 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
