Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 863,811 DTG/ICOD: 1200Z 02Oct24 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 863,811
DTG/ICOD: 1200Z 02Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Iran Pounds Israel With Missiles and Shooting Attack / USS Lincoln Stays in Med / SAR Efforts Continue In NC / Vance Trumps Walz in Debate / CA Outlaws Voter ID / Panic Buying Picking Up Thanks to Dockworker Strike / Dems Eye Bitcoin Reserve Too / BTC Pullback Liquidates Some Traders / Trump's World Liberty Seeks to De-Bank Americans / Telegram Has Been Doxing Since 2018 / What Happens When AI, Big Gov, Converge? / Swan, Proton Management Go to Battle
Market Data: Price: 1 BTC= $61,232, 23.07 oz Gold, .14 Median US House
24hr Hi: $63,803 / Lo: $60,189
Vol: $51B (Up 61%)
Mkt Cap: $1.2T (Down 4%)
HashRate: 745 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 50%)
Nodes: 18,841
---Reports---
-International Events-
1. Israel Assesses Damage from Iran’s Missile Barrage: Israel was reviewing the damage Wednesday from roughly 180 missiles fired a day earlier by Iran, some of which hit the country’s densely populated center and a few military bases, an aerial attack that has escalated a yearlong conflict in the Middle East. Israel said its air defenses intercepted most of the missiles alongside a coalition of U.S.-led allies, including the U.K, but a number of projectiles successfully penetrated the country’s vaunted aerial defense system. The barrage Tuesday came hours after the Israeli military confirmed a ground operation inside Lebanon. (WSJ)
2. 6 people killed in Tel Aviv mass shooting moments before Iran launches missile attack on Israel: Two suspects opened fire on a boulevard in the Jaffa neighborhood in southern Tel Aviv, police said. The two suspects were killed. The attack came moments before a massive barrage of rockets from Iran sent people into bomb shelters across Israel, including in Tel Aviv. (CBS)
3. USS Abraham Lincoln to remain in Middle East amid rising tensions: The announcement comes amid heightened tensions between Israel and Hezbollah, following strikes in Lebanon and the death of the militant group’s leader Hassan Nasrallah. The Lincoln arrived in the Middle East in August to replace the aircraft carrier Theodore Roosevelt after Lincoln was operating in the Indo-Pacific Region. The Lincoln is equipped with F-35C and F/A-18 Super Hornet fighter jets. (NavyTimes)
-US Events-
1. Rescuers scour North Carolina mountains for survivors cut off by Hurricane Helene: Search-and-rescue teams who have already saved hundreds of people scoured the mountains of western North Carolina for more survivors on Tuesday, working amid washed-out roads, smashed bridges and felled power lines following Hurricane Helene. The storm has killed at least 162 people in North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia. In all 1.5 million homes and businesses in six states from Florida to West Virginia remained without power on Tuesday morning. (Reuters)
2. Vance Confident, Walz Uneven in Debate Heavy on Policy: JD Vance sought to temper Donald Trump’s more controversial rhetoric on issues like abortion, immigration and guns during a vice-presidential debate Tuesday night, as an occasionally tense Tim Walz offered a defense of Kamala Harris’s record and argued that Trump poses a danger to democracy. (WSJ)
3. Newsom Outlaws Voter ID Rules In California: California governor Gavin Newsom has just signed a new law banning local governments from requiring residents to present identification to vote in elections. The legislation - introduced by Sen. Dave Min (D-Orange County) - is a direct response to a ballot measure approved this year by voters in Huntington Beach which required people to show photo identification at the polls. (ZeroHedge)
4. Some panic buying reported amid dockworkers strike: here are some reports of panic buying in the Hampton Roads area the day U.S. dockworkers went on strike, which shut down ports on the East and Gulf coasts. Experts say the grocery products that will impacted the most include things like bananas and tropical fruit (about 75% of bananas in the U.S. enter through East Coast and Gulf Coast ports), and imported alcohol like beer and wine from Europe, and Caribbean spirits like rum. (NewsNationNow)
-Regulatory and Legal-
1. Russian Use of Crypto to Skirt Sanctions Is 'Most Pervasive': Chainalysis: Chainalysis executives revealed that Russia increasingly uses cryptocurrency for sanctions evasion, disinformation, and election meddling. They discussed the country's preference for crypto due to slow development of a central bank digital currency, enabling evasion of international sanctions. (Decrypt) (AC-Consider this article political fodder.)
2. Bipartisan Support Builds For Strategic Bitcoin Reserve: Support for a strategic bitcoin reserve has now crossed party lines. In a recent episode of the Unchained Podcast, Democratic Representative Ro Khanna, threw his support behind the idea: “We want to make sure that we have the openness to having bitcoin as part of the Federal Reserve and as a reserve asset. (Forbes)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Bitcoin Liquidations Top $500 Million After Sharp Market Correction: The cryptocurrency market sell off, which saw the Bitcoin price nose-dive by over 5% late Tuesday, resulted in massive liquidations totaling $526 million over 24 hours. (Decrypt)
2. Trump's World Liberty Financial Crypto Platform Whitelist Now Open With KYC Process: The promised 'freedom' from Big Banks in America is now here from Donald J. Trump and his sons, ushering in their new crypto platform known as 'World Liberty Financial,' now inviting the public to join. It was revealed in the thread that Trump wants "all Americans to use this platform in the future," offering different kinds of tools that will help them get liberated from financial restrictions. (TechTimes)
-Economic Indicators-
1. US 10-Year Yield Holds Decline on Safe-Haven Bid: The yield on the US 10-year Treasury note held its recent decline to around 3.73% on Wednesday as rising tensions in the Middle East prompted investors to rush for safer assets. (TradingEconomics)
2. US Job Openings Beat Expectations: The number of job openings rose by 329,000 to 8.040 million in August 2024 from an upwardly revised 7.711 million in July and above market expectations of 7.655 million. The number of job openings increased in construction (+138,000) and in state and local government, excluding education (+78,000). (TradingEconomics)
-Security Incidents and Concerns-
1. Telegram has been disclosing user IPs since 2018, Durov says: According to founder and CEO Pavel Durov, crypto-friendly instant messenger Telegram has been disclosing IP addresses of criminals to authorities since 2018. “Whenever we received a properly formed legal request via relevant communication lines, we would verify it and disclose the IP addresses/phone numbers of dangerous criminals. This process had been in place long before last week.”, Durov said. (CoinTelegraph)
-Technology and Science-
1. Perils of Big Tech, Military-Industrial Complex convergence: The recent news that OpenAI CEO Sam Altman pitched the Biden Administration a massive build-out of AI data centers should raise the alarm on a dangerous convergence: the alliance of Big Tech with the Military-Industrial Complex and the federal government. The move, reported in Zero Hedge, outlines Altman’s proposal for a network of advanced AI centers ostensibly to bolster American technological leadership. But this proposed marriage of Silicon Valley’s emerging AI technologies with federal power—and particularly with the Pentagon and intelligence agencies—poses critical threats to individual privacy and freedom of thought. (CoinGeek)
-Bitcoin Community-
1. Swan Bitcoin and Proton Management at Odds Over Mining Business Allegations: Proton Management, a Bitcoin mining firm, has firmly denied allegations made by Swan Bitcoin in a recent lawsuit. On September 30, Proton filed a motion to dismiss the lawsuit, stating that Swan’s claims are “fatally flawed.” The core of Proton’s argument is that Swan “does not have a mining business” to begin with, making the theft allegations impossible. (Blockonomi)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 42/100 (Down 8 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 863,811
DTG/ICOD: 1200Z 02Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Iran Pounds Israel With Missiles and Shooting Attack / USS Lincoln Stays in Med / SAR Efforts Continue In NC / Vance Trumps Walz in Debate / CA Outlaws Voter ID / Panic Buying Picking Up Thanks to Dockworker Strike / Dems Eye Bitcoin Reserve Too / BTC Pullback Liquidates Some Traders / Trump's World Liberty Seeks to De-Bank Americans / Telegram Has Been Doxing Since 2018 / What Happens When AI, Big Gov, Converge? / Swan, Proton Management Go to Battle
Market Data: Price: 1 BTC= $61,232, 23.07 oz Gold, .14 Median US House
24hr Hi: $63,803 / Lo: $60,189
Vol: $51B (Up 61%)
Mkt Cap: $1.2T (Down 4%)
HashRate: 745 EH/s
Avg Fee Rate: 3 sats/vBtye (Up 50%)
Nodes: 18,841
---Reports---
-International Events-
1. Israel Assesses Damage from Iran’s Missile Barrage: Israel was reviewing the damage Wednesday from roughly 180 missiles fired a day earlier by Iran, some of which hit the country’s densely populated center and a few military bases, an aerial attack that has escalated a yearlong conflict in the Middle East. Israel said its air defenses intercepted most of the missiles alongside a coalition of U.S.-led allies, including the U.K, but a number of projectiles successfully penetrated the country’s vaunted aerial defense system. The barrage Tuesday came hours after the Israeli military confirmed a ground operation inside Lebanon. (WSJ)
2. 6 people killed in Tel Aviv mass shooting moments before Iran launches missile attack on Israel: Two suspects opened fire on a boulevard in the Jaffa neighborhood in southern Tel Aviv, police said. The two suspects were killed. The attack came moments before a massive barrage of rockets from Iran sent people into bomb shelters across Israel, including in Tel Aviv. (CBS)
3. USS Abraham Lincoln to remain in Middle East amid rising tensions: The announcement comes amid heightened tensions between Israel and Hezbollah, following strikes in Lebanon and the death of the militant group’s leader Hassan Nasrallah. The Lincoln arrived in the Middle East in August to replace the aircraft carrier Theodore Roosevelt after Lincoln was operating in the Indo-Pacific Region. The Lincoln is equipped with F-35C and F/A-18 Super Hornet fighter jets. (NavyTimes)
-US Events-
1. Rescuers scour North Carolina mountains for survivors cut off by Hurricane Helene: Search-and-rescue teams who have already saved hundreds of people scoured the mountains of western North Carolina for more survivors on Tuesday, working amid washed-out roads, smashed bridges and felled power lines following Hurricane Helene. The storm has killed at least 162 people in North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia. In all 1.5 million homes and businesses in six states from Florida to West Virginia remained without power on Tuesday morning. (Reuters)
2. Vance Confident, Walz Uneven in Debate Heavy on Policy: JD Vance sought to temper Donald Trump’s more controversial rhetoric on issues like abortion, immigration and guns during a vice-presidential debate Tuesday night, as an occasionally tense Tim Walz offered a defense of Kamala Harris’s record and argued that Trump poses a danger to democracy. (WSJ)
3. Newsom Outlaws Voter ID Rules In California: California governor Gavin Newsom has just signed a new law banning local governments from requiring residents to present identification to vote in elections. The legislation - introduced by Sen. Dave Min (D-Orange County) - is a direct response to a ballot measure approved this year by voters in Huntington Beach which required people to show photo identification at the polls. (ZeroHedge)
4. Some panic buying reported amid dockworkers strike: here are some reports of panic buying in the Hampton Roads area the day U.S. dockworkers went on strike, which shut down ports on the East and Gulf coasts. Experts say the grocery products that will impacted the most include things like bananas and tropical fruit (about 75% of bananas in the U.S. enter through East Coast and Gulf Coast ports), and imported alcohol like beer and wine from Europe, and Caribbean spirits like rum. (NewsNationNow)
-Regulatory and Legal-
1. Russian Use of Crypto to Skirt Sanctions Is 'Most Pervasive': Chainalysis: Chainalysis executives revealed that Russia increasingly uses cryptocurrency for sanctions evasion, disinformation, and election meddling. They discussed the country's preference for crypto due to slow development of a central bank digital currency, enabling evasion of international sanctions. (Decrypt) (AC-Consider this article political fodder.)
2. Bipartisan Support Builds For Strategic Bitcoin Reserve: Support for a strategic bitcoin reserve has now crossed party lines. In a recent episode of the Unchained Podcast, Democratic Representative Ro Khanna, threw his support behind the idea: “We want to make sure that we have the openness to having bitcoin as part of the Federal Reserve and as a reserve asset. (Forbes)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Bitcoin Liquidations Top $500 Million After Sharp Market Correction: The cryptocurrency market sell off, which saw the Bitcoin price nose-dive by over 5% late Tuesday, resulted in massive liquidations totaling $526 million over 24 hours. (Decrypt)
2. Trump's World Liberty Financial Crypto Platform Whitelist Now Open With KYC Process: The promised 'freedom' from Big Banks in America is now here from Donald J. Trump and his sons, ushering in their new crypto platform known as 'World Liberty Financial,' now inviting the public to join. It was revealed in the thread that Trump wants "all Americans to use this platform in the future," offering different kinds of tools that will help them get liberated from financial restrictions. (TechTimes)
-Economic Indicators-
1. US 10-Year Yield Holds Decline on Safe-Haven Bid: The yield on the US 10-year Treasury note held its recent decline to around 3.73% on Wednesday as rising tensions in the Middle East prompted investors to rush for safer assets. (TradingEconomics)
2. US Job Openings Beat Expectations: The number of job openings rose by 329,000 to 8.040 million in August 2024 from an upwardly revised 7.711 million in July and above market expectations of 7.655 million. The number of job openings increased in construction (+138,000) and in state and local government, excluding education (+78,000). (TradingEconomics)
-Security Incidents and Concerns-
1. Telegram has been disclosing user IPs since 2018, Durov says: According to founder and CEO Pavel Durov, crypto-friendly instant messenger Telegram has been disclosing IP addresses of criminals to authorities since 2018. “Whenever we received a properly formed legal request via relevant communication lines, we would verify it and disclose the IP addresses/phone numbers of dangerous criminals. This process had been in place long before last week.”, Durov said. (CoinTelegraph)
-Technology and Science-
1. Perils of Big Tech, Military-Industrial Complex convergence: The recent news that OpenAI CEO Sam Altman pitched the Biden Administration a massive build-out of AI data centers should raise the alarm on a dangerous convergence: the alliance of Big Tech with the Military-Industrial Complex and the federal government. The move, reported in Zero Hedge, outlines Altman’s proposal for a network of advanced AI centers ostensibly to bolster American technological leadership. But this proposed marriage of Silicon Valley’s emerging AI technologies with federal power—and particularly with the Pentagon and intelligence agencies—poses critical threats to individual privacy and freedom of thought. (CoinGeek)
-Bitcoin Community-
1. Swan Bitcoin and Proton Management at Odds Over Mining Business Allegations: Proton Management, a Bitcoin mining firm, has firmly denied allegations made by Swan Bitcoin in a recent lawsuit. On September 30, Proton filed a motion to dismiss the lawsuit, stating that Swan’s claims are “fatally flawed.” The core of Proton’s argument is that Swan “does not have a mining business” to begin with, making the theft allegations impossible. (Blockonomi)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 42/100 (Down 8 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report