Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 863,952 DTG/ICOD: 1200Z 03Oct24 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 863,952
DTG/ICOD: 1200Z 03Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hurricane Aftermath Increases 'Fog of War' / IDF Loses 8 Troops in Lebanon Incursion / Hamas Claims Responsibility for Shooting Attack in Tel Aviv / WW2 Bomb Explodes in Japan Airport Runway / NC Bitcoiners Assemble for Relief Op / Trump Said He will Release Ross / Swift and Now Mastercard Push for Digital Payments / AI Will Drive Good Deflation /
Market Data: Price: 1 BTC= $60,621, 22.88 oz Gold, .14 Median US House
24hr Hi: $62,357 / Lo: $59,996
Vol: $41B (Down 20%)
Mkt Cap: $1.2T (Down 1%)
HashRate: 660 EH/s
Avg Fee Rate: 3 sats/vBtye (Even)
Nodes: 18,894
---Reports---
-International Events-
1. Eight Israeli troops killed in fighting with Hezbollah inside Lebanon: Hezbollah, which is backed by Iran, said it had destroyed Israeli tanks during the fighting and insisted it had enough men and ammunition to push back the forces. Meanwhile, at least five people died and eight were wounded in an Israeli military air strike in the Bachoura area in central Beirut, Lebanese officials said. Earlier on Wednesday evening, Lebanon's health ministry said 46 people had been killed and 85 wounded in Israeli strikes on the country in the last 24 hours, without differentiating between civilians and combatants. (BBC)
2. Hamas claims responsibility for deadly Israel shooting attack: The armed wing of the Palestinian group Hamas has claimed responsibility for a shooting attack in Jaffa, near the Israeli city of Tel Aviv, that left seven people dead and many others wounded. Police in Israel said the alleged assailants “began their killing spree when they entered the carriage of the light rail train that stopped at the station and fired at passengers”. They were armed with an assault rifle and a knife, and continued on foot until police “neutralised” them, they said. (AlJazeera)
3. An American bomb from WWII explodes at a Japanese airport, leaving a crater on the taxiway: An unexploded U.S. bomb from World War II that had been buried at a Japanese airport exploded Wednesday, causing a large crater in a taxiway and the cancellation of more than 80 flights, Japanese officials said. (ABC)
-US Events-
1. Helene Aftermath:
-1,000 active-duty soldiers to deploy to western North Carolina to help with Helene response: The soldiers are part of the XVIII Airborne Corps based at Fort Liberty, North Carolina, and include members of the 82nd Airborne, according to the Department of Defense. The soldiers are expected to arrive in western North Carolina within 24 hours, the DOD said shortly before noon Wednesday. (SpectrumNews)
-President Biden tours Helene damage in WNC: Biden arrived in Greenville, South Carolina, on Wednesday afternoon before boarding the Marine One helicopter and flying over parts of Western North Carolina. (ABC13)
-Supplies arrive by plane and by mule in North Carolina as Helene’s death toll tops 130 (AP)
- 6 Tennessee Factory Workers Swept Away by Helene Flood After Managers Made Them Stay: “We had one way in, one way out… when we were told we could leave, that one way out was blocked off,” he explained, before describing how his car began floating away before a good Samaritan came and rescued him in a truck. (Breitbart) (AC-This report is garnering public anger in east TN.)
-FEMA to give $750 in emergency assistance to those in need in hurricane path. (Various)
2. North Carolina Bitcoin Community Organizes Hurricane Helene Relief Mission: The initiative, set to begin on October 4, aims to provide much-needed assistance to overlooked communities. The 12-person team assembled for this mission includes a diverse group of volunteers, including emergency room physicians and retired military personnel. To support their mission, the organizers are accepting donations in both Bitcoin and traditional fiat currency. This approach leverages the strengths of the cryptocurrency community while also allowing for broader participation in the relief efforts. (Blockonomi)
-Regulatory and Legal-
1. Trump Vows Once Again to 'Save' Silk Road Founder Ross Ulbricht: Trump vowed to come to the aid of Ulbricht on Wednesday, reviving his story and the Silk Road platform that defined Bitcoin’s early use. (Decrypt)
-Central Bank Digital Currencies/World Currencies-
1. Banks to join SWIFT digital asset trials in 2025: Banks in North America, Europe and Asia are preparing to participate in trials involving digital assets by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). SWIFT announced on Oct. 3 that it will begin digital asset trials on its network in 2025. The trials will involve experiments with transactions that include multiple digital currencies and assets. (CoinTelegraph)
2. Mastercard Partners With Amazon to Digitize Payment Acceptance: Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling faster, more secure transactions for merchants. (BitcoinCom)
-Institutional Concerns-
1. Latest data reveals global economic downturn, building stronger case for Bitcoin: Weakening global markets bolster Bitcoin's role as a decentralized inflation hedge. With inflation rates soaring in countries like Turkey, traditional fiat currencies face devaluation risks. In such uncertain conditions, Bitcoin presents an intriguing hedge against inflationary pressures—its appeal lies in a fixed supply and immunity from political interference. (CryptoSlate)
-Economic Indicators-
1. Wall Street Ends Slightly Higher: Stocks in the US closed slightly higher on Wednesday, as investors remained cautious amid escalating tensions in the Middle East. The S&P 500 finished relatively flat, while the Dow Jones added 39 points and the Nasdaq edged higher by 0.1%. Escalating geopolitical risks dampened the optimism that had emerged around potential US interest rate cuts. (TradingEconomics)
-Security Incidents and Concerns-
1. New Study Finds Only 0.3% Of Crypto Transactions Flagged As Illicit, Cash Remains King: A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions. This revelation, published by Fortune and sourced from the Crypto Information Sharing and Analysis Center (CryptoISAC), challenges the narrative that digital assets are the first choice for criminal organizations such as Hamas. (Bitcoinist)
-Technology and Science-
1. AI Will Drive Broad Deflation, Silicon Valley Pioneer Vinod Khosla Says: Yes, artificial intelligence will become capable of replacing a good deal of human labor, Khosla said in an interview, but that will push down the price of healthcare, education and other services. Many current forms of work will even be eliminated, but society will be able to create a more robust safety net than is possible today. (WSJ) (AC-Echoing Jeff Booth.)
-Bitcoin Community-
1. Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash: The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.44M) in premium. (CoinDesk)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 37/100 (Down 8 pts)
Analyst Comments (AC): The information coming from the disaster area in Western NC is spotty and much of it is not good. The devastation alone, while horrific, is enough to warrant any and all response to stop the suffering. Social media is reporting both local law enforcement and FEMA are stopping rescues or even seizing donations to those affected. While it may be true that centralized government bureaucracy always slows down emergency responses, there is much to research in finding the truth here. Please consider all angles of the reporting on this situation but also work to help those in need as quickly as possible.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 863,952
DTG/ICOD: 1200Z 03Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hurricane Aftermath Increases 'Fog of War' / IDF Loses 8 Troops in Lebanon Incursion / Hamas Claims Responsibility for Shooting Attack in Tel Aviv / WW2 Bomb Explodes in Japan Airport Runway / NC Bitcoiners Assemble for Relief Op / Trump Said He will Release Ross / Swift and Now Mastercard Push for Digital Payments / AI Will Drive Good Deflation /
Market Data: Price: 1 BTC= $60,621, 22.88 oz Gold, .14 Median US House
24hr Hi: $62,357 / Lo: $59,996
Vol: $41B (Down 20%)
Mkt Cap: $1.2T (Down 1%)
HashRate: 660 EH/s
Avg Fee Rate: 3 sats/vBtye (Even)
Nodes: 18,894
---Reports---
-International Events-
1. Eight Israeli troops killed in fighting with Hezbollah inside Lebanon: Hezbollah, which is backed by Iran, said it had destroyed Israeli tanks during the fighting and insisted it had enough men and ammunition to push back the forces. Meanwhile, at least five people died and eight were wounded in an Israeli military air strike in the Bachoura area in central Beirut, Lebanese officials said. Earlier on Wednesday evening, Lebanon's health ministry said 46 people had been killed and 85 wounded in Israeli strikes on the country in the last 24 hours, without differentiating between civilians and combatants. (BBC)
2. Hamas claims responsibility for deadly Israel shooting attack: The armed wing of the Palestinian group Hamas has claimed responsibility for a shooting attack in Jaffa, near the Israeli city of Tel Aviv, that left seven people dead and many others wounded. Police in Israel said the alleged assailants “began their killing spree when they entered the carriage of the light rail train that stopped at the station and fired at passengers”. They were armed with an assault rifle and a knife, and continued on foot until police “neutralised” them, they said. (AlJazeera)
3. An American bomb from WWII explodes at a Japanese airport, leaving a crater on the taxiway: An unexploded U.S. bomb from World War II that had been buried at a Japanese airport exploded Wednesday, causing a large crater in a taxiway and the cancellation of more than 80 flights, Japanese officials said. (ABC)
-US Events-
1. Helene Aftermath:
-1,000 active-duty soldiers to deploy to western North Carolina to help with Helene response: The soldiers are part of the XVIII Airborne Corps based at Fort Liberty, North Carolina, and include members of the 82nd Airborne, according to the Department of Defense. The soldiers are expected to arrive in western North Carolina within 24 hours, the DOD said shortly before noon Wednesday. (SpectrumNews)
-President Biden tours Helene damage in WNC: Biden arrived in Greenville, South Carolina, on Wednesday afternoon before boarding the Marine One helicopter and flying over parts of Western North Carolina. (ABC13)
-Supplies arrive by plane and by mule in North Carolina as Helene’s death toll tops 130 (AP)
- 6 Tennessee Factory Workers Swept Away by Helene Flood After Managers Made Them Stay: “We had one way in, one way out… when we were told we could leave, that one way out was blocked off,” he explained, before describing how his car began floating away before a good Samaritan came and rescued him in a truck. (Breitbart) (AC-This report is garnering public anger in east TN.)
-FEMA to give $750 in emergency assistance to those in need in hurricane path. (Various)
2. North Carolina Bitcoin Community Organizes Hurricane Helene Relief Mission: The initiative, set to begin on October 4, aims to provide much-needed assistance to overlooked communities. The 12-person team assembled for this mission includes a diverse group of volunteers, including emergency room physicians and retired military personnel. To support their mission, the organizers are accepting donations in both Bitcoin and traditional fiat currency. This approach leverages the strengths of the cryptocurrency community while also allowing for broader participation in the relief efforts. (Blockonomi)
-Regulatory and Legal-
1. Trump Vows Once Again to 'Save' Silk Road Founder Ross Ulbricht: Trump vowed to come to the aid of Ulbricht on Wednesday, reviving his story and the Silk Road platform that defined Bitcoin’s early use. (Decrypt)
-Central Bank Digital Currencies/World Currencies-
1. Banks to join SWIFT digital asset trials in 2025: Banks in North America, Europe and Asia are preparing to participate in trials involving digital assets by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). SWIFT announced on Oct. 3 that it will begin digital asset trials on its network in 2025. The trials will involve experiments with transactions that include multiple digital currencies and assets. (CoinTelegraph)
2. Mastercard Partners With Amazon to Digitize Payment Acceptance: Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling faster, more secure transactions for merchants. (BitcoinCom)
-Institutional Concerns-
1. Latest data reveals global economic downturn, building stronger case for Bitcoin: Weakening global markets bolster Bitcoin's role as a decentralized inflation hedge. With inflation rates soaring in countries like Turkey, traditional fiat currencies face devaluation risks. In such uncertain conditions, Bitcoin presents an intriguing hedge against inflationary pressures—its appeal lies in a fixed supply and immunity from political interference. (CryptoSlate)
-Economic Indicators-
1. Wall Street Ends Slightly Higher: Stocks in the US closed slightly higher on Wednesday, as investors remained cautious amid escalating tensions in the Middle East. The S&P 500 finished relatively flat, while the Dow Jones added 39 points and the Nasdaq edged higher by 0.1%. Escalating geopolitical risks dampened the optimism that had emerged around potential US interest rate cuts. (TradingEconomics)
-Security Incidents and Concerns-
1. New Study Finds Only 0.3% Of Crypto Transactions Flagged As Illicit, Cash Remains King: A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions. This revelation, published by Fortune and sourced from the Crypto Information Sharing and Analysis Center (CryptoISAC), challenges the narrative that digital assets are the first choice for criminal organizations such as Hamas. (Bitcoinist)
-Technology and Science-
1. AI Will Drive Broad Deflation, Silicon Valley Pioneer Vinod Khosla Says: Yes, artificial intelligence will become capable of replacing a good deal of human labor, Khosla said in an interview, but that will push down the price of healthcare, education and other services. Many current forms of work will even be eliminated, but society will be able to create a more robust safety net than is possible today. (WSJ) (AC-Echoing Jeff Booth.)
-Bitcoin Community-
1. Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash: The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.44M) in premium. (CoinDesk)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 37/100 (Down 8 pts)
Analyst Comments (AC): The information coming from the disaster area in Western NC is spotty and much of it is not good. The devastation alone, while horrific, is enough to warrant any and all response to stop the suffering. Social media is reporting both local law enforcement and FEMA are stopping rescues or even seizing donations to those affected. While it may be true that centralized government bureaucracy always slows down emergency responses, there is much to research in finding the truth here. Please consider all angles of the reporting on this situation but also work to help those in need as quickly as possible.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report