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Bill Cypher /
npub1qyx…mu7u
2025-02-04 14:08:44

Bill Cypher on Nostr: How is Trump openly stating that he wants the US government to own and control tik ...

How is Trump openly stating that he wants the US government to own and control tik tok only mentioned here in my entire feed this morning.

THE PRESIDENT JUST SAID HE WANTS THE STATE TO DIRECTLY CONTROL THE MEDIA!

If that doesn't scare the shit out of you, you don't know history very well.



BTC Daily Intelligence Bulletin (DIB)
Block: 882,279
DTG/ICOD: 1200Z 04Feb2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: El Salvador Offers to Take US Deported Criminals / Panama Ends Deal With China Over Canal / Pause in DR Congo Fighting / China Hikes Tariffs in Response to US Tariffs / Trump EO Establishes Sovereign Wealth Fund / Chris Wright Confirmed for Energy Secretary / Lawsuit Filed Over DOGE Access to Treasury / Is Dept. of Education Next? / Congress To Hold ChokePoint 2.0 Hearing / USG Crypto Conference Today / China, EU Given CBDC Leadership Chance / Strong Dollar, Strong Manufacturing Numbers / Cyber Risk In DOGE Access / China to Launch Robot to Moon / Bitcoin Hashrate at ATH

Market Data: Price: 1 BTC= $99,516, 35.20 oz Gold, .23 Median US House
24hr Hi: $102,514 / Lo: $94,244
Vol: $80B (Down 21%)
Mkt Cap: $1.97T (Up 5%)
HashRate: 836 EH/s
Avg Fee Rate: 2 sats/vBtye (Even)

---Reports---
-International Events-
1. El Salvador offers to house criminals deported from the US in its jails: El Salvador on Monday offered to house in its jails "dangerous criminals" from anywhere in the world deported by the United States, U.S. Secretary of State Marco Rubio said after lengthy talks with the Central American country's leader. Bukele also offered to house dangerous criminals who are U.S. citizens or legal residents, Rubio said, although it was unclear whether the U.S. would take up that offer. "The fee would be relatively low for the U.S. but significant for us, making our entire prison system sustainable." Bukele said. (Retuers)

2. Panama pledges to end key canal deal with China, work with US after Rubio visit: José Raúl Mulino, Panama's president said he would not renew a 2017 memorandum of understanding to join China’s Belt and Road global development initiative and that Panama would instead look to work more closely with the U.S. (Fox)

3. Rebels declare ceasefire in DR Congo for 'humanitarian reasons': The group - which includes the Rwanda-backed M23 rebels - cited "humanitarian reasons" for the ceasefire, after it has been capturing territory in eastern parts of the country. The UN said at least 900 people have been killed and 2,880 injured in recent fighting in and around Goma, DR Congo's largest eastern city, after it was seized by rebels. (BBC)

4. China retaliates with additional tariffs of up to 15% on select U.S. imports starting Feb. 10: China’s finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S., starting Feb. 10. China will also levy 10% higher duties on American crude oil, farm equipment and certain cars and trucks, as well as enacting export controls on certain products related to critical minerals. (CNBC)

-US Events-
1. Trump signs order establishing a sovereign wealth fund that he says could buy TikTok: “We’re going to stand this thing up within the next 12 months. We’re going to monetize the asset side of the U.S. balance sheet for the American people,” U.S. Treasury Secretary Scott Bessent said during a media parley. “There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.” (CNBC) (AC-There's a danger of this fund turning into a political slush fund, for both sides. Hopefully this will be crafted to mitigate this risk.)

2. Senate Confirms CEO Chris Wright as Trump’s Energy Secretary: The Senate approved his nomination, 59-38. Eight Democrats—including both senators from Wright’s home state of Colorado—voted in favor. (Time)

3. Treasury Faces Legal Challenge Over Data-Sharing Deal With Musk's DOGE: The American Federation of Government Employees (AFGE) and several other unions filed a lawsuit against the U.S. Treasury Department on Monday, challenging its decision to grant access to Treasury data to the Department of Government Efficiency (DOGE). (IBTimes)

4. Trump Eyes Dismantling Education Dept: The Trump administration is in the process of considering an executive order aimed at dismantling the U.S. Department of Education. This action involves placing dozens of department officials on leave, connected to an executive order focusing on eliminating DEI initiatives. The move is part of a broader plan to reduce federal oversight in education, shifting control back to individual states. (X)

-Regulatory and Legal-
1. Coinbase CLO to Address Operation Choke Point 2.0 in Congress: Paul Grewal, Coinbase’s chief legal officer, said he would testify before Congress regarding Operation Choke Point 2.0 during a hearing scheduled for February 6, 2025. (Blockonomi)

2. Crypto Market Recovers Before Crypto Czar David Sacks’ Digital Asset Leadership Conference: David Sacks will be hosting the first press conference on Tuesday, February 4, discussing America’s leadership role in the digital assets industry moving ahead. (CoinGape)

-CBDCs/World Currencies/Strategic Reserves-
1. Trump's digital dollar ban gives China and Europe's CBDCs free rein: Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters. (Reuters, MSN, CNN) (AC-Interesting take with similar headlines in the left-leaning outlets. The articles are highly CBDC favorable and seems almost a tease to the Trump admin.)

-Institutional Concerns-
NSTR

-Economic Indicators-
1. Dollar Reverses Gains, Trade War Eyed: The dollar index briefly surpassed 109 before trimming gains to settle at 108.6 on Tuesday, as traders closely monitored developments in the escalating trade war. The 10% US tariffs on Chinese imports took effect today, prompting an immediate response from Beijing, which imposed retaliatory tariffs on select US exports including oil, gas, coal, cars, and farm equipment, set to take effect on February 10th. (TradingEconomics)

2. US Factory Activity Returns to Growth: ISM: The ISM Manufacturing PMI for the US rose to 50.9 in January 2025 from a downwardly revised 49.2 in December 2024 and beating forecasts of 49.8. The reading pointed to the first expansion in the factory sector after 26 consecutive months of contraction. (TradingEconomics)

-Security Incidents and Concerns-
1. As DOGE teams plug into federal networks, cybersecurity risks could be huge, experts say: Allowing employees to plug computers with unknown security controls into the Office of Personnel Management (OPM) network could give a foreign adversary a fresh way to breach the system and obtain sensitive data, including information from federal employees’ background checks and security clearance records, they said. DOGE workers' access to the Department of Treasury’s payments system also threatens national security, the experts said, because it includes details of payments to intelligence contractors or highly personal data about national security officials. (TheRecord)

-Technology and Science-
1. China’s Chang’e-7 mission to send flying robot to moon’s south pole to look for water: China plans to deploy a smart robotic “flying detector” to search for water on the lunar south pole as part of its Chang’e-7 mission next year – one step in the nation’s goal of landing humans on the moon in five years. (SCMP)

-Bitcoin Community-
1. Bitcoin Hashrate Hits All-Time High Defying Analyst Expectations: Bitcoin (BTC) hashrate has reached another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data. This represents a 9% increase from 767 EH/s in the past few days. (CoinDesk)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 72/100 (Up 28 pts)

Analyst Comments (AC): There's a lot of 'noise' in media and social reporting today, making it a challenge to find the 'signal'.

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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
Author Public Key
npub1qyxlpj2gl6dt2nfvkl4yyrl6pr2hjkycrdh2dr5r42n7ktwn7pdqrdmu7u