What is Nostr?
Paul Allen
npub1m6x…9dnn
2024-11-04 23:04:35

Paul Allen on Nostr: Fencing going up around WH and Capitol. Hope they don't let them get out this time ...

Fencing going up around WH and Capitol.

Hope they don't let them get out this time 🤣
BTC Daily Intelligence Bulletin (DIB)
Block: 868,835
DTG/ICOD: 1200Z 04Nov24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: China Astronauts Return After 6 Months / German Government at Risk / IDF SOF Enter Syria / Final Push for Trump and Harris / El Salvador BTC VIP Effort Fails / Pakistan to Push for CBDC / Vivek's Firm to Offer Bitcoin to Clients / German TradFi Tries Bitcoin Mining / Colorado Scammers Target Bitcoiners / AI Global Race Gets Serious / Bitcoin Premium in South Korea Rises

Market Data: Price: 1 BTC= $69,121, 25.22 oz Gold, .16 Median US House
24hr Hi: $69,433 / Lo: $67,482
Vol: $35B (Up 44%)
Mkt Cap: $1.37T (Up 1%)
HashRate: 723 EH/s
Avg Fee Rate: 8 sats/vBtye (Even)
Nodes: 18,638

---Reports---
-International Events-
1. China space station crew returns to Earth after 6 months in space: Three Chinese astronauts returned to Earth on Monday after a six-month stay on the Tiangong space station, part of China’s effort to be a global leader in space exploration. In recent years, the country’s space program has brought back rocks from the moon and landed a rover on Mars. It aims to put a person on the moon by 2030, which would make China the second nation after the United States to do so.

2. Risk of the German government collapsing appears higher than ever: While all eyes are on the US elections this week, German politics seem to have become a train crash in slow motion. The German government has just entered a new stage of a slow burning political crisis that could be the last step before the eventual collapse of the governing coalition. (ING)

3. IDF commandos raid Syria, seize Syrian-national IRGC operative: Ali Soleiman al-Assi, a Syrian citizen, lives in the area of Saida in southern Syria. His work included gathering intelligence on IDF troops in the border area for future terror activity of the network. He has been under surveillance by the IDF for some time and was detained and transferred for interrogation in Israel. (JPost)

-US Events-
1. Harris and Trump to hold final campaign events day before election: Harris will spend her final day of campaigning in Pennsylvania, with rallies in Allentown, Pittsburgh and Philadelphia. Trump will be in three battleground states today, holding events in North Carolina, Pennsylvania and Michigan. (CNN)

2. Security fencing goes up around White House, Capitol, VP residence: The Secret Service constructed eight-foot-high metal fences around the White House and Treasury Department complex and the adjacent parts of Lafayette Square, the Naval Observatory and Harris’s house in D.C., The Washington Post reported. (TheHill)

-Regulatory and Legal-
1. Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program: A recent public records inquiry by El Mundo, a local Salvadoran outlet, found that zero passports had been issued as part of the ‘Adopting Bitcoin’ program, which was spearheaded by Salvadoran authorities to provide the so-called ‘freedom passports’ to Bitcoin investors willing to donate $1 million in BTC or USDT to the country. (BitcoinCom) (AC-The $1M 'donation' may have been too rich for a passport.)

-Central Bank Digital Currencies/World Currencies-
1. Pakistan Proposes Amendments to Legalize Cryptocurrency: The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act, signaling a potential shift in the country's financial policy towards the legalization of cryptocurrencies. The proposed changes would empower the SBP to issue digital currency and manage the nation's currency in both physical and digital forms. Additionally, the amendments would grant the SBP the authority to conduct Central Bank Digital Currency (CBDC) operations, allowing CBDCs to function as legal tender. Historically, the SBP has classified cryptocurrencies like Bitcoin as illegal and has warned of the risks associated with them (BinanceSauare) (AC-CBDC's being conflated with independent cryptocurrencies. Bitcoin is still considered illegal.)

-Institutional Concerns-
1. Ramaswamy’s Strive launches wealth management arm offering Bitcoin to clients: Strive Enterprises, an asset management firm co-founded by former United States presidential candidate Vivek Ramaswamy, announced a new wealth management unit on Nov. 1 that integrates Bitcoin into client portfolios. “It’s striking that most wealth managers aren’t even thinking about integrating Bitcoin into client portfolios,” Ramaswamy added in a Nov. 1 X post. (CoinTelegraph)

2. German TradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid: German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. (CryptoSlate)

-Economic Indicators-
1. Week Ahead - Nov 3rd: The US presidential elections on Tuesday are set to be the most closely watched event, capturing the attention of investors worldwide. In addition, markets will keep a keen eye on the Federal Reserve's interest rate decision, as well as the ISM Services PMI, Michigan consumer sentiment, foreign trade data, factory orders, and non-farm productivity measures. (TradingEconomics)

-Security Incidents and Concerns-
1. Colorado Scammers Impersonate Law Enforcement Officials, Defrauded Residents of Thousands in Bitcoin: A Keystone, Colorado resident lost over $6,000 in Bitcoin to scammers posing as law enforcement officials, with an additional $4,000 transfer narrowly avoided by deputies. The scammers obtained sensitive personal information during the fraudulent calls, part of a growing trend in the state. (Decrypt)

-Technology and Science-
1. "An Existential Race Amongst The Great Powers Accelerates, At The Dawn Of The AI Age": “In the global competition on AI, the alleged role of a single, and outdated, version of an American open-source model is irrelevant when we know China is already investing more than one-trillion dollars to surpass the US on AI,” said a Meta spokesperson. "The People’s Republic of China is currently leveraging AI to enhance its own military capabilities and strategic advantages and is using Western technology to do so.” (ZeroHedge)

-Bitcoin Community-
1. Bitcoin Premium in South Korea Rises: A Bullish Signal or Just Regional Dynamics?: By Halloween—Oct. 31—Satoshi’s white paper anniversary—the premium on South Korean exchanges was recorded at 1.93%. This trend is largely due to local regulations and capital controls. Additionally, South Korean demand for cryptocurrencies is strong. Throughout the year, the South Korean won consistently ranks as the second most-traded fiat currency with BTC, just behind the U.S. dollar. (BItcoinCom)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 75/100 (Down 2 pts)

Analyst Comments (AC): NSTR

Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Author Public Key
npub1m6x20f4n7uc5ayvjr4xut6g4ldau90fjz202d9nrythl5jq9p3xq579dnn