BV_DIB on Nostr: https://m.primal.net/Nqbc.png BTC Daily Intelligence Bulletin (DIB) Block: 883,179 ...

BTC Daily Intelligence Bulletin (DIB)
Block: 883,179
DTG/ICOD: 1200Z 10Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Trump Team to EU for Ukraine Negotiation / 'Efficiency' Gains Traction Worldwide / Game of Go in South Pacific / New Tariffs on US Imported Steel / ICE Raids Leaked / CFPB Shut Down in US / FEMA Just Sent $59M to NYC Hotels for Immigrants / Japan May Cut Cap Gains on Crypto / US Treasury to Stop Producing Pennies / FL to Invest in Bitcoin / Univ. of Austin Too / MSTR Buys More / UK Wants All iCloud User Data / Proton Has New BTC Wallet / Bitcoin Leaving Exchanges

Market Data: Price: 1 BTC= $97,479, 34.57 oz Gold, .23 Median US House
24hr Hi: $97,977 / Lo: $94,745
Vol: $39B (Up 73%)
Mkt Cap: $1.93T (Up 1%)
HashRate: 804 EH/s
Avg Fee Rate: 2 sats/vBtye (Down 33%)

---Reports---
-International Events-
1. US officials are bound for Europe for top-level talks on Ukraine: President Donald Trump’s national security adviser said Sunday that top administration officials will meet with European officials this week about how to end the war in Ukraine, nearly three years after Russia launched an all-out invasion. (AP)

2. 'Revolution': Communist Vietnam Seeks To Cut 1 In 5 Govt Jobs: Vietnam is aiming to cut one in five public sector jobs and slash billions of dollars from government budgets, mirroring US President Donald Trump's push to take a hatchet to spending. The reforms, described as "a revolution" by senior officials, will see the number of government ministries and agencies slashed from 30 to 22. The media, the civil service, the police and the military will all face cuts. (IBTimes) (AC-This report, along with the 'MEGA' movement aimed at restoring sovereignty and rationality to the EU, underscores the impact of the Trump administration's focus on national identity in global politics. The concept of getting oneself in order before engaging overseas seems to resonate and spread easily.)

3. Cook Islands’ ‘strategic’ deal with China angers New Zealand: Mark Brown, the archipelago’s prime minister, will travel to China on Monday for a state visit and to sign a “comprehensive strategic partnership” that will cover everything from trade and tourism to renewable energy. Australia, New Zealand and the US have been moving to counter China’s growing strategic and diplomatic influence in the past three years by striking agreements with nations, including Tuvalu, Nauru and Papua New Guinea, aimed at shoring up their status as the region’s primary security partners. (FT) (AC-One of the unseen battles happening the last several years is geo-political influence in the south Pacific Islands between China and the US. Some islands nations support China and some the US, many giving in to forward intelligence basing and/or military footprints. This battle resembles a game of "Go" where opponents capture territory from which to influence more territory.)

-US Events-
1. Trump says he plans to announce 25% tariff on steel and aluminum imports on Monday: "Any steel coming into the United States is going to have a 25% tariff," Trump said, adding that aluminum imports would also have the same tariff. Trump told reporters the reciprocal tariffs announcement would take place on Tuesday or Wednesday. (JustTheNews)

2. DHS Secretary Noem appears to accuse 'corrupt' FBI of leaking LA ICE raids: The LA Times published an article Friday that said U.S. Immigration and Customs Enforcement (ICE) would lead the operation, focusing on those without legal status in the U.S. or who have pending orders of removal. Well, you know, if anyone leaks anything, people don’t understand that it jeopardizes the lives of our great men and women in law enforcement, and if you leaked it, we will find out who you are, and we will come after you," Bondi said. (Fox)

3. 'CFPB RIP!' Russell Vought Halts Key Bureau Activities: Russell Vought, now serving as the acting head of the Consumer Financial Protection Bureau (CFPB), issued a series of directives to employees on Saturday night. These orders effectively brought a significant portion of the bureau's operations to a halt. Vought, confirmed as OMB director on Thursday despite significant opposition from Senate Democrats, has stepped into the role of acting head of the CFPB, taking over from Treasury Secretary Scott Bessent. The CFPB is a regulatory agency that was established by law in the aftermath of the 2008 financial crisis to ensure greater accountability and transparency in the financial system. (IBTimes)

4. FEMA's $59M for NYC Migrant Housing: Legal or Misuse?: Elon Musk's Department of Government Efficiency (DOGE) has claimed that FEMA allocated $59 million last week to luxury hotels in New York City to house migrants, sparking public outcry and demands for accountability. (X)

-Regulatory and Legal-
1. Japan May Slash Crypto Taxes—Big Win for Investors?: Japan’s FSA wants to cut crypto taxes from 55% to 20%, treating crypto like traditional securities. Government approval is needed, and Parliament must pass the change before it becomes law' If approved, Japan could become a top crypto-friendly destination, attracting more investors and businesses. (BitcoinSensus) (AC: 55%, ouch!)

-CBDCs/World Currencies/Strategic Reserves-
1. Trump Directs Treasury Secretary Scott Bessent to ‘Stop Producing New Pennies’: “For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump wrote in a post on Truth Social. “This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” (Breitbart)

-Institutional Concerns-
1. Florida Bill Proposes Investing Up to 10% of State Funds in Bitcoin: Florida is moving to integrate bitcoin into its financial strategy, with a new bill proposing the state invest public funds in cryptocurrency as a hedge against inflation. (BitcoinCom)

2. Austin University to launch $5M Bitcoin fund with 5-year HODL strategy: “We don’t want to be left behind when their [cryptocurrency’s] potential materializes dramatically,” Chun Lai, the foundation’s chief investment officer, told FT. (CoinTelegraph)

3. Strategy resumes bitcoin acquisitions with $742 million buy, bringing its total holdings to 478,740 BTC. (TheBlock)

-Economic Indicators-
1. Dollar Strengthens Amid Fresh Tariff Threats: The dollar index rose above 108.3 on Monday, extending its gains for a third consecutive session as new tariff threats from US President Donald Trump fueled concerns about inflation, potentially limiting the scope for rate cuts. (TradingEconomics)

-Security Incidents and Concerns-
1. UK reportedly demands secret ‘back door’ to Apple users’ iCloud accounts: The demand, known as a Technical Capability Notice (TCN), is a controversial provision included in the country’s Investigatory Powers Act. The Washington Post’s report describes the demand as creating a “back door allowing [British authorities] to retrieve all the content any Apple user worldwide has uploaded to the cloud,” although the British government says such notices are intended only to force technology companies to retain the ability to comply with legal warrants for data. (TheRecord)

-Technology and Science-
1. Proton Wallet — Now Available To Everyone — Is A Great Starter Self-Custodial Bitcoin Wallet: It’s free to use (users can create up to three wallets and have up to three accounts in each wallet). Like Proton Mail, Proton has no access to Proton Wallet user data, nor does it have access to its users’ private bitcoin keys. Using an email address (which doesn’t have to be a Proton Mail address) to send bitcoin reduces the likelihood of inputting the wrong bitcoin address into the recipient field of a transaction. (BitcoinMag)

-Bitcoin Community-
1. Bitcoin Vanishing From Exchanges At Record Speed – Investors Show Confidence In Long-Term Value: This unprecedented rate of outflows signals strong accumulation among holders, who are moving their assets to cold storage or other non-custodial wallets. While selling pressure continues to weigh on Bitcoin’s price, the diminishing supply on exchanges indicates growing confidence in the asset’s long-term potential. (Bitcoinist) (AC-Unfortunately only a chart in the article reveals some data to support the claim.)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 43/100 (Down 1 pts)

Analyst Comments (AC): NSTR

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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report