21Mikes on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 833,107 DTG/ICOD: 0800EST 04Mar24 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 833,107
DTG/ICOD: 0800EST 04Mar24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Haiti in Danger of Toppled Gov After Prison Break / NATO to Conduct Largest Drill With Nordic Members / Haley Wins DC Primary, Super Tuesday Tomorrow / BTC Topples Silver AUM / Turkish Lira 67% Inflation Last Month / Swiss Vote Higher Pensions / BTC ETFs Opened in Brazil, Peru / BTC Approaching ATH in Dollars
Market Data: Price: 1 BTC= $65,185, 31.26 oz Gold, .15 Median US House
24hr Hi: $65,565 / Lo: $62,048
Vol: $44B (Up 90%)
Mkt Cap: $1.28T (Up 5%)
HashRate: 517 EH/s
Avg Fees: 23,397 sats/tx (UP 220%)
Nodes: 18,365
---Reports---
-International Events-
1. Haiti declares a state of emergency after a massive prison break in the capital: After thousands of inmates have escaped, the curfew will be enforced from 6 pm to 5 am in the Ouest region, which includes the capital, through Wednesday, the government said in a statement, adding that both the curfew and the state of emergency can be extended. About a dozen people died as gang members attacked the National Penitentiary in Port-au-Prince overnight Saturday into Sunday, an AFP reporter observed. The attack came as part of a new spate of extreme violence in the Haitian capital, where well-armed gangs who control much of the city have wreaked havoc since Thursday. (France24)
2. Hard-liners dominate Iran parliamentary vote that saw boycott calls and apparently low turnout: Authorities still have not released turnout figures for Friday’s vote, nor given any reason for the delay. Turnout is suspected to be low after polling stations in the capital, Tehran, saw few voters. It remains unclear whether turnout was depressed by voter apathy or an active desire to send a message to Iran’s theocracy, though some in the country pushed for a boycott, including imprisoned Nobel Peace Prize laureate Narges Mohammadi. (AP)
3. Newly enlarged NATO starts drill in Finland, Norway and Sweden in defense of its Nordic turf: NATO kicked off an exercise on Monday to defend its newly expanded Nordic territory when more than 20,000 soldiers from 13 nations take part in drills lasting nearly two weeks in the northern regions of Finland, Norway and Sweden. With over 4,000 Finnish soldiers taking part, the Norway-led Nordic Response 2024 represents the NATO newcomer’s largest ever participation in a foreign exercise, according to Finland’s military. “For the first time, Finland will participate as a NATO member nation in exercising collective defense of the alliance’s regions,” the Finnish Defense Forces said in a statement. (AP)
-US Events-
1. Nikki Haley wins Washington, D.C., Republican primary, in small symbolic boost: Haley, the only remaining challenger to Donald Trump in the race, won 62.9% of the vote, versus 33.2% captured by the former president. Haley will pick up 19 delegates from her win, a small portion of the 1,215 delegates needed to clinch the nomination. On Tuesday, voters in 15 states and one U.S. territory will participate in the biggest day of nominating contests in the presidential primary. Known as Super Tuesday, 874 Republican delegates will be up for grabs. Trump currnently has 244 delegates to Haley's 43.(Reuters)
2. US Supreme Court to issue ruling as Trump Colorado ballot case looms: The US Supreme Court plans to issue at least one ruling on Monday, the day before Colorado holds a presidential primary election in which a lower court kicked Republican frontrunner Donald Trump off the ballot for taking part in an insurrection during the 6 January 2021 US Capitol attack. (Guardian)
3. Calls mount to investigate killing of San Diego Jewish dentist as a hate crime: Benjamin Harouni allegedly shot dead by 29-year-old Mohammed Abdulkareem; multiple Jewish advocacy groups demand police look at antisemitism as motive; mayor vows to ‘get to truth’ (TimesOfIsrael)
-Regulatory and Legal-
1. China Issues Crypto Ban Warning as Interest in Bitcoin Surges: China’s government has reiterated its crypto ban policy, warning its citizens about the risks of investing in digital assets as interest in Bitcoin remains strong in the country. The latest warning comes after the Dalian Supervision Bureau of China Securities Regulatory Commission issued a similar stark reminder on February 20, urging Chinese nationals to enhance risk prevention awareness by “cautiously” avoiding crypto trading speculation. (DailyCoin)
2. U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions: In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend Sameer Ramani, a U.S. court ruled on March 1, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions. (CoinDesk)
3. Binance Nigeria Standoff: Crypto Exchange's Top Executives Summoned by House of Representatives Committee: op executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request.(BitcoinCom)
-Institutional Concerns-
1. Bitcoin ETFs Surge, Toppling Silver and Looking Toward Gold: Recent data from HODL15Capital reveals a significant milestone for cryptocurrencies, as Bitcoin spot ETFs have surpassed Silver ETFs in terms of assets under management (AuM). (DailyCoin)
2. Bitcoin Spot ETFs Launched in Peru and Brazil: In Brazil, the iShares Bitcoin Trust ETF (IBIT39) is now available to trade on B3, one of the largest stock exchanges. According to a press release issued by the exchange, Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be made available for Peruvian investors using BVL’s services. (Bitcoincom)
-Central Bank Digital Currencies (CBDC)-
NSTR
-Economic Indicators-
1. Turkish annual inflation soars to 67% in February: Persistently high inflation has been fueled by Turkey’s dramatically weakened currency, the lira, which is at a record low against the dollar. (CNBC)
2. Swiss vote to give themselves a bigger pension: Swiss voters have given themselves an extra month's pension each year - in a nationwide referendum focusing on living standards for the elderly. The government had warned that the increased payments would be too expensive to afford. But almost 60% of voters said 'yes' in Sunday's poll. Separately, 75% rejected raising the pension age from 65 to 66. The maximum monthly state pension is €2,550 (£2,180; $2,760) - not enough, many say, to live on in Switzerland. (BBC)
-Technological Updates-'
NSTR
-Security Incidents and Concerns-
1. Hong Kong SFC Warns Against Impersonated Crypto Exchanges: Today, the Securities and Futures Commission (SFC) of Hong Kong has issued a public alert, advising investors to exercise caution regarding dubious websites posing as authentic virtual asset trading platforms. Specifically, The SFC has identified two platforms: HSKEX, pretending to be Hash Blockchain Limited. Additionally, oslexu and oslint were flagged as impersonating OSL Digital Securities Limited. These websites replicate the branding and visual appearance of licensed platforms, potentially leading investors to believe they are engaging with legitimate entities. (CryptoTimes)
-Bitcoin Community-
1. Marathon’s Slipstream Mines Largest Bitcoin Block on Record: The block measured 3,990.36 kilobytes and was mined on March 2, containing a Runestone inscription. Runestones is a Bitcoin Ordinals project led by pseudonymous Ordinals collector LeonidasNFT, who has long been an advocate for Casey Rodarmor’s creation — the Bitcoin Ordinals protocol. (Unchained)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 82/100 (Up 2 pts)
Analyst Comments (AC): Some days the veil is lifted, allowing observers to see the clear distinctions between a fiat-denominated world and the rising strength of a Bitcoin standard. From Turkish Lira hyperinflation (67% last month), to the Swiss voting themselves higher pensions, to scams globally, it is easy to observe destructive policies and actions. Even Haley's win in DC is indicative of the swamp wanting a controllable puppet. Meanwhile, capital is flocking to Bitcoin, the world's only verifiable, unhackable monetary network. The dicotomy will continue to be obvious as BTC approaches new highs in US dollars.
Follow us on NOSTR: Bitcoin Veterans (npub1qkt…ms0r)
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 833,107
DTG/ICOD: 0800EST 04Mar24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Haiti in Danger of Toppled Gov After Prison Break / NATO to Conduct Largest Drill With Nordic Members / Haley Wins DC Primary, Super Tuesday Tomorrow / BTC Topples Silver AUM / Turkish Lira 67% Inflation Last Month / Swiss Vote Higher Pensions / BTC ETFs Opened in Brazil, Peru / BTC Approaching ATH in Dollars
Market Data: Price: 1 BTC= $65,185, 31.26 oz Gold, .15 Median US House
24hr Hi: $65,565 / Lo: $62,048
Vol: $44B (Up 90%)
Mkt Cap: $1.28T (Up 5%)
HashRate: 517 EH/s
Avg Fees: 23,397 sats/tx (UP 220%)
Nodes: 18,365
---Reports---
-International Events-
1. Haiti declares a state of emergency after a massive prison break in the capital: After thousands of inmates have escaped, the curfew will be enforced from 6 pm to 5 am in the Ouest region, which includes the capital, through Wednesday, the government said in a statement, adding that both the curfew and the state of emergency can be extended. About a dozen people died as gang members attacked the National Penitentiary in Port-au-Prince overnight Saturday into Sunday, an AFP reporter observed. The attack came as part of a new spate of extreme violence in the Haitian capital, where well-armed gangs who control much of the city have wreaked havoc since Thursday. (France24)
2. Hard-liners dominate Iran parliamentary vote that saw boycott calls and apparently low turnout: Authorities still have not released turnout figures for Friday’s vote, nor given any reason for the delay. Turnout is suspected to be low after polling stations in the capital, Tehran, saw few voters. It remains unclear whether turnout was depressed by voter apathy or an active desire to send a message to Iran’s theocracy, though some in the country pushed for a boycott, including imprisoned Nobel Peace Prize laureate Narges Mohammadi. (AP)
3. Newly enlarged NATO starts drill in Finland, Norway and Sweden in defense of its Nordic turf: NATO kicked off an exercise on Monday to defend its newly expanded Nordic territory when more than 20,000 soldiers from 13 nations take part in drills lasting nearly two weeks in the northern regions of Finland, Norway and Sweden. With over 4,000 Finnish soldiers taking part, the Norway-led Nordic Response 2024 represents the NATO newcomer’s largest ever participation in a foreign exercise, according to Finland’s military. “For the first time, Finland will participate as a NATO member nation in exercising collective defense of the alliance’s regions,” the Finnish Defense Forces said in a statement. (AP)
-US Events-
1. Nikki Haley wins Washington, D.C., Republican primary, in small symbolic boost: Haley, the only remaining challenger to Donald Trump in the race, won 62.9% of the vote, versus 33.2% captured by the former president. Haley will pick up 19 delegates from her win, a small portion of the 1,215 delegates needed to clinch the nomination. On Tuesday, voters in 15 states and one U.S. territory will participate in the biggest day of nominating contests in the presidential primary. Known as Super Tuesday, 874 Republican delegates will be up for grabs. Trump currnently has 244 delegates to Haley's 43.(Reuters)
2. US Supreme Court to issue ruling as Trump Colorado ballot case looms: The US Supreme Court plans to issue at least one ruling on Monday, the day before Colorado holds a presidential primary election in which a lower court kicked Republican frontrunner Donald Trump off the ballot for taking part in an insurrection during the 6 January 2021 US Capitol attack. (Guardian)
3. Calls mount to investigate killing of San Diego Jewish dentist as a hate crime: Benjamin Harouni allegedly shot dead by 29-year-old Mohammed Abdulkareem; multiple Jewish advocacy groups demand police look at antisemitism as motive; mayor vows to ‘get to truth’ (TimesOfIsrael)
-Regulatory and Legal-
1. China Issues Crypto Ban Warning as Interest in Bitcoin Surges: China’s government has reiterated its crypto ban policy, warning its citizens about the risks of investing in digital assets as interest in Bitcoin remains strong in the country. The latest warning comes after the Dalian Supervision Bureau of China Securities Regulatory Commission issued a similar stark reminder on February 20, urging Chinese nationals to enhance risk prevention awareness by “cautiously” avoiding crypto trading speculation. (DailyCoin)
2. U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions: In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend Sameer Ramani, a U.S. court ruled on March 1, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions. (CoinDesk)
3. Binance Nigeria Standoff: Crypto Exchange's Top Executives Summoned by House of Representatives Committee: op executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request.(BitcoinCom)
-Institutional Concerns-
1. Bitcoin ETFs Surge, Toppling Silver and Looking Toward Gold: Recent data from HODL15Capital reveals a significant milestone for cryptocurrencies, as Bitcoin spot ETFs have surpassed Silver ETFs in terms of assets under management (AuM). (DailyCoin)
2. Bitcoin Spot ETFs Launched in Peru and Brazil: In Brazil, the iShares Bitcoin Trust ETF (IBIT39) is now available to trade on B3, one of the largest stock exchanges. According to a press release issued by the exchange, Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be made available for Peruvian investors using BVL’s services. (Bitcoincom)
-Central Bank Digital Currencies (CBDC)-
NSTR
-Economic Indicators-
1. Turkish annual inflation soars to 67% in February: Persistently high inflation has been fueled by Turkey’s dramatically weakened currency, the lira, which is at a record low against the dollar. (CNBC)
2. Swiss vote to give themselves a bigger pension: Swiss voters have given themselves an extra month's pension each year - in a nationwide referendum focusing on living standards for the elderly. The government had warned that the increased payments would be too expensive to afford. But almost 60% of voters said 'yes' in Sunday's poll. Separately, 75% rejected raising the pension age from 65 to 66. The maximum monthly state pension is €2,550 (£2,180; $2,760) - not enough, many say, to live on in Switzerland. (BBC)
-Technological Updates-'
NSTR
-Security Incidents and Concerns-
1. Hong Kong SFC Warns Against Impersonated Crypto Exchanges: Today, the Securities and Futures Commission (SFC) of Hong Kong has issued a public alert, advising investors to exercise caution regarding dubious websites posing as authentic virtual asset trading platforms. Specifically, The SFC has identified two platforms: HSKEX, pretending to be Hash Blockchain Limited. Additionally, oslexu and oslint were flagged as impersonating OSL Digital Securities Limited. These websites replicate the branding and visual appearance of licensed platforms, potentially leading investors to believe they are engaging with legitimate entities. (CryptoTimes)
-Bitcoin Community-
1. Marathon’s Slipstream Mines Largest Bitcoin Block on Record: The block measured 3,990.36 kilobytes and was mined on March 2, containing a Runestone inscription. Runestones is a Bitcoin Ordinals project led by pseudonymous Ordinals collector LeonidasNFT, who has long been an advocate for Casey Rodarmor’s creation — the Bitcoin Ordinals protocol. (Unchained)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 82/100 (Up 2 pts)
Analyst Comments (AC): Some days the veil is lifted, allowing observers to see the clear distinctions between a fiat-denominated world and the rising strength of a Bitcoin standard. From Turkish Lira hyperinflation (67% last month), to the Swiss voting themselves higher pensions, to scams globally, it is easy to observe destructive policies and actions. Even Haley's win in DC is indicative of the swamp wanting a controllable puppet. Meanwhile, capital is flocking to Bitcoin, the world's only verifiable, unhackable monetary network. The dicotomy will continue to be obvious as BTC approaches new highs in US dollars.
Follow us on NOSTR: Bitcoin Veterans (npub1qkt…ms0r)
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report