BV_DIB on Nostr: https://m.primal.net/NxwR.png BTC Daily Intelligence Bulletin (DIB) Block: 880,635 ...

BTC Daily Intelligence Bulletin (DIB)
Block: 880,635
DTG/ICOD: 1200Z 24Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: North Korea to Send More Troops to Ukraine / Knife Killer Sentenced in UK / SECState Rubio to Visit Panama, Other Central American Nations / Trump Starts Deportations with Military Aircraft / Trump Pardons 23 Pro-Life Protestors / Hegseth Confirmation Heats Up / New Digital Assets EO Sets Guidance, Lacks SBR Confirmation / SAB 121 Rescinded, Banks May Custody Bitcoin / Crypto Czar Calls NFTs, Memecoins Collectibles / IBIT Inflows Still Up / Morgan Stantly Wants in on Crypto / Kansas Senator Wants BTC ETFs for Pension / Ledger Co-Founder and Wife Kidnapped in Violent Wrench Attack / Musk Fact-Checks OpenAI on Stargate / Does Ross Still Have a BTC Stash?

Market Data: Price: 1 BTC= $105,151, 37.84 oz Gold, .24 Median US House
24hr Hi: $106,820 / Lo: $101,989
Vol: $93B (Up 43%)
Mkt Cap: $2.08T (Up 3%)
HashRate: 782 EH/s
Avg Fee Rate: 5 sats/vBtye (67%)
Nodes: 21,451

---Reports---
-International Events-
1. North Korea prepares to send more troops to Russia after suffering casualties: North Korea has been supplying a vast amount of artillery and other conventional weapons to Russia, and last October it sent about 10,000-12,000 troops to Russia as well, according to U.S., South Korean and Ukraine intelligences. The South Korean Joint Chiefs of Staff said that North Korea is believed to be accelerating preparations to send more troops to Russia. (AP)

2. Teen sentenced to 52 years in prison for deadly stabbing at Taylor Swift-themed event: Axel Rudakubana, 18, pleaded guilty to all charges, including three counts of murder, earlier this week on the first day of his trial at Liverpool Crown Court. Three girls -- 6-year-old Bebe King, 7-year-old Elsie Dot Stancombe and 9-year-old Alice Da Silva Aguiar -- were killed. Ten people were also injured in the attack, police said. (ABC)

3. Rubio to visit Central America in late January in first foreign visit: U.S. Secretary of State Marco Rubio will visit Panama and four other countries in Central America and the Caribbean starting late next week during his first overseas trip. The trip will also include stops in Guatemala, El Salvador, Dominican Republic and Costa Rica, comes as President Donald Trump has put immigration at the center of his foreign policy agenda and made a push for the United States to take back the Panama Canal. (Reuters)

-US Events-
1. Trump's Deportation Operation Underway, Hundreds Of Migrants Arrested: Hundreds of migrants in the United States were arrested Thursday and others flown out of the country on military aircraft as President Donald Trump's promised mass deportation operation got underway, the White House said. "The largest massive deportation operation in history is well underway," White House press secretary Karoline Leavitt said in a post on social media platform X. (IBTimes)

2. President Donald Trump Pardons Over 20 Pro-Life Activists Targeted by Biden DOJ: The activists were prosecuted under the Freedom of Access to Clinic Entrances (FACE) Act, a 1994 law that prohibits “violent, threatening, damaging, and obstructive conduct intended to injure, intimidate, or interfere with the right to seek, obtain, or provide reproductive health services.” The act was written to equally protect abortion clinics, pro-life pregnancy resource centers, and churches; however, 97 percent of FACE Act cases since the law’s inception have been against pro-life advocates. (Breitbart)

3. Senate to vote on Hegseth confirmation as defense secretary as Democrats continue to raise concerns: In a 51 to 49 vote Thursday, the Senate advanced Hegseth's nomination, with two Republicans joining all Democrats in opposition. Senate Republicans can afford to lose one more vote to get Hegseth's confirmation over the finish line, in which case Vice President JD Vance would be called upon to break a tie in Hegseth's favor. (CBS)

-Regulatory and Legal-
1. Trump’s Executive Order Rejects CBDCs, Considers Crypto Reserves, and Aims to Revamp Regulations: President Donald Trump has signed an executive order aimed at elevating America’s leadership in digital asset innovation and blockchain technology. Issued on Jan. 23, 2025, this directive outlines a vision to cultivate a responsible digital economy, refine regulatory frameworks, and safeguard financial independence. Among its most pivotal measures is a clear prohibition against federal actions to introduce or endorse a CBDC within the U.S. (BitcoinCom)

2. SAB 122: Smoother crypto custody for US banks: On Jan. 23, the SEC rescinded the controversial Staff Accounting Bulletin 121, or SAB 121, a rule that mandated financial firms holding crypto on behalf of customers must record them as liabilities on their balance sheets. A new bulletin, SAB 122, said it “rescinds the interpretive guidance” of SAB 121 — a rule published in March 2022 that the crypto industry has long sought to have repealed. SAB 122 will make it “smoother for US banks to custody digital assets,” wrote WazirX founder Nischal Shetty, in a Jan. 24 X post. (CoinTelegraph)

3. White House Crypto Czar David Sacks Categorizes NFTs and Meme Coins As Collectibles, Not Securities or Commodities: This classification could shift the perception of these assets towards cultural and commemorative value rather than speculative risks. (Decrypt)

-Central Bank Digital Currencies/World Currencies-
1. CBDCs prohibited in USA by President Trump EO. See above.

-Institutional Concerns-
1. Blackrock Carries Bitcoin ETFs with 3,297 BTC Inflows: Blackrock’s Bitcoin (IBIT) ETFs saw $344 million in inflows on January 22. It was the only fund registering Bitcoin deposits, preventing negative results for all Bitcoin ETFs. (BitcoinSensus)

2. Morgan Stanley CEO says lender is exploring path to offer crypto in the US: Morgan Stanley CEO Ted Pick said the lender is exploring how it can offer crypto services in the US and intends to engage with regulators once the review is complete. Morgan Stanley’s crypto subsidiary, E-Trade, is reportedly preparing to launch spot crypto trading services for its clients amid anticipation of a favorable crypto landscape under the Trump administration. (CryptoSlate)

3. Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation: Kansas Republican State Senator Craig Bowser has introduced a bill aimed at allocating up to 10% of public employee retirement funds to Bitcoin (BTC) exchange-traded fund (ETF) products. (Bitcoinist)

-Economic Indicators-
1. S&P 500 Renews Record High: US stocks closed higher on Thursday, with the S&P 500 reaching a new record high, surpassing the 6,100 threshold, Dow gaining over 400 points, and the Nasdaq 100 edged 0.3% higher. Investor sentiment was lifted by President Trump’s virtual address to the World Economic Forum, where he called for immediate interest rate cuts and urged Saudi Arabia to lower oil prices. (TradingEconomics)

-Security Incidents and Concerns-
1. Ledger Co-Founder Rescued After 24-Hour Kidnapping in France: Ledger co-founder David Balland and his wife were kidnapped and held for ransom in France before being rescued by authorities after 24 hours in captivity. The kidnappers demanded cryptocurrency as ransom and reportedly cut off one of Balland’s fingers during the ordeal. French National Gendarmerie conducted a successful rescue operation, with Balland receiving medical treatment afterward.

-Technology and Science-
1. Elon Musk, Sam Altman Engage on a Heated Social Media Debate Whether or Not Stargate Is Legit: OpenAI is spearheading a project to build more data centers for its AI advancements via a new company called Stargate, but X's owner and billionaire Elon Musk was quick to dispel these claims, regarding that what the AI company is saying is not true. The tech CEOs' debate centers on whether or not Stargate is legitimate, especially with its massive claims of pushing forth a $500 billion plan to build data centers all over the country to supply OpenAI with new AI infrastructure. (TechTimes)

-Bitcoin Community-
1. Ross Ulbricht May Own North of $47 Million in Bitcoin From Untouched Wallets: Conor Grogan from Coinbase discovered around 430 BTC, valued at $47 million, in dormant wallets possibly linked to Ross Ulbricht, the Silk Road founder. These funds have been untouched for over 13 years, raising questions about Ulbricht's financial situation. (Decrypt)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 75/100 (Even)

Analyst Comments (AC): Whew, a big week for Bitcoiners. Digest the developments and go back to basics: stay humble, stack sats, continue building freedom tech and touch grass.

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