Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 873,950 DTG/ICOD: 1200Z 09Dec24 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 873,950
DTG/ICOD: 1200Z 09Dec24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Syrian Rebels Capture Damascus, Assad Flees to Moscow. US, Israel Hit Syrian Targets / Taiwan on High Alert / Trump To Consider Jan 6th Pardons / CEO's Assassin Still Uncaught / FDIC Warned Banks Over Crypto, Bitcoin / Sen. Warren to Pick SEC Commissioner / Amazon Shareholders Want Bitcoin / USG Added 1.12M Jobs the Last 23 Months / Coinbase Fights Account Restriction FUD and Fraud Attacks / Microsoft Looks to Blockchain for Innovation / Financial Times Apologizes for Bitcoin Hate / Signal Through the Noise
Market Data: Price: 1 BTC= $98,238, 37.04 oz Gold, .23 Median US House
24hr Hi: $101,399 / Lo: $97,986
Vol: $65B (Up 58%)
Mkt Cap: $1.94T (Down 1%)
HashRate: 764 EH/s
Avg Fee Rate: 9 sats/vBtye (Down 25%)
Nodes: 20,949
---Reports---
-International Events-
1. Assad flees to Moscow as Syrian rebels capture Damascus: Israel said its military struck Syria’s chemical weapons capabilities on Monday morning after President Bashar al-Assad and his family fled to Russia following a swift rebel offensive. The leader of the main group behind Syria’s armed opposition, Abu Mohammad al-Jolani, called the toppling of President Bashar al-Assad a “victory for the entire Islamic nation” in his first public remarks since the rebels captured Damascus. US President Joe Biden welcomed the fall of the Assad regime. He described it as a “historic opportunity for the long-suffering people of Syria to build a better future,” but cautioned it was also a moment of risk and uncertainty in the region. (CNN)
2. Israel seizes Golan buffer zone after Syrian troops leave positions: Israel's prime minister has announced its military has temporarily seized control of a demilitarized buffer zone in the Golan Heights, saying the 1974 disengagement agreement with Syria had "collapsed" with the rebel takeover of the country. On Sunday, the IDF told residents of five Syrian villages inside the zone to stay in their homes until further notice. The Golan Heights is a rocky plateau about 60km (40 miles) south-west of Damascus. (BBC)
3. US conducts airstrikes on ISIS camps in Syria as Biden calls end of Assad regime an 'act of justice': The operation included “dozens of precision airstrikes” and more than 75 targets were hit using Air Force assets like B-52s, F-15s and A-10s in central Syria, CENTCOM said in a statement. “The strikes against the ISIS leaders, operatives, and camps were conducted as part of the ongoing mission to disrupt, degrade and defeat ISIS, in order to prevent the terrorist group from conducting external operations and to ensure that ISIS does not seek to take advantage of the current situation to reconstitute in central Syria.” (WION)
4. Taiwan Military On High Alert As China Warships Sail Near Island: Taiwan said its military was on high alert as Chinese warships sailed near the island on Monday, preparing for a strong response from China to President Lai Ching-te's stopovers in the United States. Taiwan said it had also detected Chinese coast guard vessels and that Beijing's People's Liberation Army (PLA) had restricted the airspace off the Chinese coast. (IBTimes)
-US Events-
1. Trump Says He Plans To Pardon Jan. 6 Demonstrators On ‘First Day’ Of His Second Term: On Sunday, Trump told NBC’s Kristen Welker that people on the January 6th committee belong in jail and he plans to pardon the demonstrators on his first day. “I’m going to look at everything. We’ll look at individual cases,” Trump told Welker. “But I’m going to be acting very quickly.” (OANN)
2. UnitedHealthcare CEO Brian Thompson murder suspect on the run for nearly a week: John Miller, former NYPD deputy commissioner for intelligence and counterterrorism, told CBS News on Saturday that the hostel surveillance video of the person of interest is the "most significant clue to date." (Fox)
-Regulatory and Legal-
1. Letters Show FDIC Warned Banks Away From Crypto Services: Newly disclosed correspondences between the FDIC and member banks reveal the agency instructed banks to pause all crypto asset-related activities until proper regulation was determined. The letters, published in compliance with a FOIA request by Coinbase, do not clarify if the FDIC completed a review on crypto-related activity. (Decrypt)
2. Warren Will Have Significant Say in Selecting the Democratic SEC Commissioner: Democratic party leadership is giving Massachusetts Senator Elizabeth Warren significant sway to choose who will fill the open slot for a Democratic commissioner at the SEC. The SEC can only have up to three commissioners from the same party. Currently, two of the Democrats on the commission include Chair Gary Gensler and Commissioner Jaime Lizárraga, who are both stepping down in January. Trump has already nominated Republican Paul Atkins as next SEC Chair to replace Gensler. The remaining two commissioners must therefore be Democrats, independents, or members of a third party, rather than Republicans. (Unchained)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Will Amazon Buy Bitcoin? Shareholders Propose 5% Investment: Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the $2.3 trillion technology conglomerate to consider adding Bitcoin to its balance sheet. The measure, submitted by the National Center for Public Policy Research and slated for discussion at Amazon’s 2025 annual shareholder meeting in April, calls on the company’s Board to assess whether incorporating BTC as a treasury asset would serve the best long-term interests of shareholders. (Bitcoinist)
-Economic Indicators-
1. S&P 500, Nasdaq Notch Fresh Highs After Upbeat Payroll Data: The S&P 500 and Nasdaq set new record highs on Friday, up 0.2% and 0.8% respectively, fueled by a stronger-than-expected November jobs report that raised optimism about a Federal Reserve rate cut later this month. (TradingEconomics)
2. Government job creation over the past 2 yrs has been unusually high: In 23 months since Jan 2023, the government has created a total of 1.123M jobs, which was surpassed only 3 times on record (data going back to 1939), including: One month in 2000, 22 months from 1966-1968 (Vietnam War), and 21 months from 1941-1942 (World War 2). (ArkominaResearch)
-Security Incidents and Concerns-
1. Coinbase responds to account restriction 'FUD': 'We're not ignoring you': Amid reports on X over the weekend from Coinbase customers that their accounts were suddenly restricted by the platform, Coinbase's @CoinbaseSupport X account has responded in a series of posts, asking customers, "Please bear with us and don’t believe everything you see on twitter." Reports of attacks targeting Coinbase users have also ticked up in recent weeks. "We’ve seen a surge of new users and old users re-activating their accounts post-election," the @CoinbaseSupport X account wrote in its thread. "Along with this surge, as is typical with surges, we’ve seen a 2-3x increase in fraudulent attempts...our fraud-prevention systems are acting as expected and have saved customers tens of millions in losses in November alone." (TheBlock)
-Technology and Science-
1. Microsoft’s Bold Step into Blockchain Innovation: Microsoft has begun venturing deeper into blockchain technology, marking a strategic shift in its long-standing focus on software and cloud computing. The company is reportedly exploring blockchain-powered solutions in diverse areas, such as supply chain management and digital identity verification. (CoinTrust)
-Bitcoin Community-
1. Financial Times apologizes for years of negative Bitcoin coverage after price hits $100K: FT Alphaville has issued an apology acknowledging its long-standing skepticism towards bitcoin, despite consistent critical coverage. This comes after bitcoin's price recently exceeded $100,000, leading to significant reader backlash. The editorial team reiterated that their past articles, which depicted bitcoin as inefficient and questioned its intrinsic worth, remain defended. However, they expressed regret for any influence their skeptical views may have had on readers' financial decisions. (CryptoBriefing)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 78/100 (Up 4 pts)
Analyst Comments (AC): The misdirection prevalent throughout all media is staggering with respect to Bitcoin. Most headlines celebrating Bitcoin's success at $100K immediately redirect readers to the altcoin offerings and excitement of the latest and greatest coins. Bitcoin-curious people heading to the internet have almost no chance to grasp the fundamentals of Bitcoin or learn about it. It is no wonder the world does not trust those of us who represent or share about Bitcoin. The noise this cycle is going to be very loud!
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 873,950
DTG/ICOD: 1200Z 09Dec24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Syrian Rebels Capture Damascus, Assad Flees to Moscow. US, Israel Hit Syrian Targets / Taiwan on High Alert / Trump To Consider Jan 6th Pardons / CEO's Assassin Still Uncaught / FDIC Warned Banks Over Crypto, Bitcoin / Sen. Warren to Pick SEC Commissioner / Amazon Shareholders Want Bitcoin / USG Added 1.12M Jobs the Last 23 Months / Coinbase Fights Account Restriction FUD and Fraud Attacks / Microsoft Looks to Blockchain for Innovation / Financial Times Apologizes for Bitcoin Hate / Signal Through the Noise
Market Data: Price: 1 BTC= $98,238, 37.04 oz Gold, .23 Median US House
24hr Hi: $101,399 / Lo: $97,986
Vol: $65B (Up 58%)
Mkt Cap: $1.94T (Down 1%)
HashRate: 764 EH/s
Avg Fee Rate: 9 sats/vBtye (Down 25%)
Nodes: 20,949
---Reports---
-International Events-
1. Assad flees to Moscow as Syrian rebels capture Damascus: Israel said its military struck Syria’s chemical weapons capabilities on Monday morning after President Bashar al-Assad and his family fled to Russia following a swift rebel offensive. The leader of the main group behind Syria’s armed opposition, Abu Mohammad al-Jolani, called the toppling of President Bashar al-Assad a “victory for the entire Islamic nation” in his first public remarks since the rebels captured Damascus. US President Joe Biden welcomed the fall of the Assad regime. He described it as a “historic opportunity for the long-suffering people of Syria to build a better future,” but cautioned it was also a moment of risk and uncertainty in the region. (CNN)
2. Israel seizes Golan buffer zone after Syrian troops leave positions: Israel's prime minister has announced its military has temporarily seized control of a demilitarized buffer zone in the Golan Heights, saying the 1974 disengagement agreement with Syria had "collapsed" with the rebel takeover of the country. On Sunday, the IDF told residents of five Syrian villages inside the zone to stay in their homes until further notice. The Golan Heights is a rocky plateau about 60km (40 miles) south-west of Damascus. (BBC)
3. US conducts airstrikes on ISIS camps in Syria as Biden calls end of Assad regime an 'act of justice': The operation included “dozens of precision airstrikes” and more than 75 targets were hit using Air Force assets like B-52s, F-15s and A-10s in central Syria, CENTCOM said in a statement. “The strikes against the ISIS leaders, operatives, and camps were conducted as part of the ongoing mission to disrupt, degrade and defeat ISIS, in order to prevent the terrorist group from conducting external operations and to ensure that ISIS does not seek to take advantage of the current situation to reconstitute in central Syria.” (WION)
4. Taiwan Military On High Alert As China Warships Sail Near Island: Taiwan said its military was on high alert as Chinese warships sailed near the island on Monday, preparing for a strong response from China to President Lai Ching-te's stopovers in the United States. Taiwan said it had also detected Chinese coast guard vessels and that Beijing's People's Liberation Army (PLA) had restricted the airspace off the Chinese coast. (IBTimes)
-US Events-
1. Trump Says He Plans To Pardon Jan. 6 Demonstrators On ‘First Day’ Of His Second Term: On Sunday, Trump told NBC’s Kristen Welker that people on the January 6th committee belong in jail and he plans to pardon the demonstrators on his first day. “I’m going to look at everything. We’ll look at individual cases,” Trump told Welker. “But I’m going to be acting very quickly.” (OANN)
2. UnitedHealthcare CEO Brian Thompson murder suspect on the run for nearly a week: John Miller, former NYPD deputy commissioner for intelligence and counterterrorism, told CBS News on Saturday that the hostel surveillance video of the person of interest is the "most significant clue to date." (Fox)
-Regulatory and Legal-
1. Letters Show FDIC Warned Banks Away From Crypto Services: Newly disclosed correspondences between the FDIC and member banks reveal the agency instructed banks to pause all crypto asset-related activities until proper regulation was determined. The letters, published in compliance with a FOIA request by Coinbase, do not clarify if the FDIC completed a review on crypto-related activity. (Decrypt)
2. Warren Will Have Significant Say in Selecting the Democratic SEC Commissioner: Democratic party leadership is giving Massachusetts Senator Elizabeth Warren significant sway to choose who will fill the open slot for a Democratic commissioner at the SEC. The SEC can only have up to three commissioners from the same party. Currently, two of the Democrats on the commission include Chair Gary Gensler and Commissioner Jaime Lizárraga, who are both stepping down in January. Trump has already nominated Republican Paul Atkins as next SEC Chair to replace Gensler. The remaining two commissioners must therefore be Democrats, independents, or members of a third party, rather than Republicans. (Unchained)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Will Amazon Buy Bitcoin? Shareholders Propose 5% Investment: Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the $2.3 trillion technology conglomerate to consider adding Bitcoin to its balance sheet. The measure, submitted by the National Center for Public Policy Research and slated for discussion at Amazon’s 2025 annual shareholder meeting in April, calls on the company’s Board to assess whether incorporating BTC as a treasury asset would serve the best long-term interests of shareholders. (Bitcoinist)
-Economic Indicators-
1. S&P 500, Nasdaq Notch Fresh Highs After Upbeat Payroll Data: The S&P 500 and Nasdaq set new record highs on Friday, up 0.2% and 0.8% respectively, fueled by a stronger-than-expected November jobs report that raised optimism about a Federal Reserve rate cut later this month. (TradingEconomics)
2. Government job creation over the past 2 yrs has been unusually high: In 23 months since Jan 2023, the government has created a total of 1.123M jobs, which was surpassed only 3 times on record (data going back to 1939), including: One month in 2000, 22 months from 1966-1968 (Vietnam War), and 21 months from 1941-1942 (World War 2). (ArkominaResearch)
-Security Incidents and Concerns-
1. Coinbase responds to account restriction 'FUD': 'We're not ignoring you': Amid reports on X over the weekend from Coinbase customers that their accounts were suddenly restricted by the platform, Coinbase's @CoinbaseSupport X account has responded in a series of posts, asking customers, "Please bear with us and don’t believe everything you see on twitter." Reports of attacks targeting Coinbase users have also ticked up in recent weeks. "We’ve seen a surge of new users and old users re-activating their accounts post-election," the @CoinbaseSupport X account wrote in its thread. "Along with this surge, as is typical with surges, we’ve seen a 2-3x increase in fraudulent attempts...our fraud-prevention systems are acting as expected and have saved customers tens of millions in losses in November alone." (TheBlock)
-Technology and Science-
1. Microsoft’s Bold Step into Blockchain Innovation: Microsoft has begun venturing deeper into blockchain technology, marking a strategic shift in its long-standing focus on software and cloud computing. The company is reportedly exploring blockchain-powered solutions in diverse areas, such as supply chain management and digital identity verification. (CoinTrust)
-Bitcoin Community-
1. Financial Times apologizes for years of negative Bitcoin coverage after price hits $100K: FT Alphaville has issued an apology acknowledging its long-standing skepticism towards bitcoin, despite consistent critical coverage. This comes after bitcoin's price recently exceeded $100,000, leading to significant reader backlash. The editorial team reiterated that their past articles, which depicted bitcoin as inefficient and questioned its intrinsic worth, remain defended. However, they expressed regret for any influence their skeptical views may have had on readers' financial decisions. (CryptoBriefing)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 78/100 (Up 4 pts)
Analyst Comments (AC): The misdirection prevalent throughout all media is staggering with respect to Bitcoin. Most headlines celebrating Bitcoin's success at $100K immediately redirect readers to the altcoin offerings and excitement of the latest and greatest coins. Bitcoin-curious people heading to the internet have almost no chance to grasp the fundamentals of Bitcoin or learn about it. It is no wonder the world does not trust those of us who represent or share about Bitcoin. The noise this cycle is going to be very loud!
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report