Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 850,525 DTG/ICOD: 1200Z 03Jul24 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 850,525
DTG/ICOD: 1200Z 03Jul24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hurricane Beryl Barrels Toward Jamaica / Shanghai Cooperation Org Grows Again / 5GW and a First Lady's Bugatti / Lawyers Nationwide Prepare for Trump Presidency / VP Harris Odds Increasing / Taiwan Crypto Organizes to Advocate / First BTC Macro ETP Launched / Florida Man Shoots Delivery Drone / Kraken Wants Nuke Power / China Still Mining Bitcoin in Spades
Market Data: Price: 1 BTC= $60,292, 25.73 oz Gold, .14 Median US House
24hr Hi: $63,015 / Lo: $59,662
Vol: $26B (Up 17%)
Mkt Cap: $1.19T (Down 4%)
HashRate: 609 EH/s
Avg Fee Rate: 12 sats/vBtye (Down 17%)
Nodes: 19,033
---Reports---
-International Events-
1. Hurricane Beryl forecast and track: Jamaica's prime minister declares island 'disaster area' ahead of storm: According to the National Hurricane Center, Beryl was downgraded to a Category 4 from a Category 5, but its maximum sustained winds remained dangerous at 155 mph. Hurricane Beryl is expected to reach Jamaica and is forecast to produce rainfall totals of 4 to 8 inches across the mountainous island country, with isolated amounts of up to 12 inches possible. (ABC)
2. A growing club led by Xi and Putin to counter the US is adding a staunchly pro-Russia member: The expected admission of Belarus to the Shanghai Cooperation Organization (SCO) at its annual leaders’ summit in Astana, Kazakhstan is another push by Beijing and Moscow to transform the grouping – from a regional security bloc into a geopolitical counterweight to Western institutions led by the United States and its allies. Founded in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan to combat terrorism and promote border security, the SCO has grown in recent years in line with Beijing and Moscow’s shared ambition to counter what they see as US “hegemony” and reshape the international system in their favor. (CNN)
3. A Bugatti car, a first lady and the fake stories aimed at Americans: A network of Russia-based websites masquerading as local American newspapers is pumping out fake stories as part of an AI-powered operation that is increasingly targeting the US election, a BBC investigation can reveal. A former Florida police officer who relocated to Moscow is one of the key figures behind it. t would have been a bombshell report - if it were true. Olena Zelenska, the first lady of Ukraine, allegedly bought a rare Bugatti Tourbillon sports car for 4.5m euros while visiting Paris for D-Day commemorations in June. The source of the funds was supposedly American military aid money.
The story appeared on an obscure French website just days ago - and was swiftly debunked. (BBC) (AC-A great example of 5th Gen Warfare being conducted today. The truth is nowhere to be found in the Bugatti story and not confirmed even in the BBC story. What is known are the efforts to influence public perceptions and drive funding and actions in support of agendas.)
-US Events-
1. How Democratic lawyers are bracing for Trump’s return: Democratic attorneys around the country are already gearing up for the possibility of a second Trump administration by beginning to map out an aggressive legal strategy to fight him again in court — this time with a fresh sense of urgency. Democratic attorneys general are exploring hiring outside experts and dispatching staff to study areas of the law anticipated to come under attack, like reproductive health, immigration and the environment. And they are scrutinizing Project 2025, the 900-page blueprint from The Heritage Foundation that lays out a conservative agenda for the next Republican presidency. “If you’re an AG you have to make sure your team is solid,” said James Tierney, the former attorney general of Maine. (politico)
2. Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket: Vice president Kamala Harris' odds of becoming the Democratic nominee for president this year more than quadrupled on Tuesday, according to traders on Polymarket, the crypto-based prediction market platform that's seen torrid growth in an election year. (CoinDesk)
-Regulatory and Legal-
1. Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities: The body will aim to act as a bridge as the private sector and the government work together to supervise the industry. Its first task will be to formulate a self-regulation code that covers industry classification, listing and delisting, consumer protection, risk control, transaction monitoring and advertising solicitation, according to the blog post. (CoinDesk)
-Central Bank Digital Currencies-
NSTR
-Institutional Concerns-
1. Deutsche Digital Assets Launches World’s First Macro Bitcoin ETP: Deutsche Digital Assets (DDA) has launched the first-ever Macro Bitcoin Exchange-Traded Product (ETP) on Xetra. This innovative ETP aims to dynamically optimize Bitcoin exposure based on macroeconomic factors, offering a novel approach to cryptocurrency investment. Notably, the listing marks a significant milestone for investors looking to balance potential gains with macroeconomic risks.(CoinGape)
-Economic Indicators-
1. US Mortgage Rates Bounce Back Above 7%: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased by 10bps to 7.03% in the week ended June 28, 2024, from 6.93% in the previous period. (TradingEconomics)
2. US Job Openings Top Expectations: The number of job openings rose by 221,000 from the previous month to 8.140 million in May 2024, beating the market consensus of 7.91 million. Much of the increase can be attributed to state, local and federal government jobs. (TradingEconomics)
-Security Incidents and Concerns-
1. Florida Man Arrested for Shooting at Walmart Delivery Drone Faces Multiple Charges: In a quiet neighborhood of Clermont near Orlando in Florida, a 72-year-old man was facing multiple charges after he shot at a Walmart delivery drone. Witnesses saw a bullet hole in the drone, leading them to report it to local authorities on Wednesday. They also pointed authorities to Dennis Winn. (TechTimes)
-Technology-
1. Crypto Exchange Kraken Is Considering Going Nuclear: Kraken is considering using nuclear energy to power its data centers, amidst an expected boom in decentralized finance (DeFi) and increased demand for its services. Kraken is not looking to build its own reactors, but is considering partnering with energy providers that can supply nuclear power with small modular reactors (SMRs). These reactors can be co-located with data centers and don’t have space or weather constraints, according to CTO Patankar. (CoinDesk)
-Bitcoin Community-
1. CleanSpark mined 445 Bitcoin in June, surpasses hashrate target: Bitcoin miner CleanSpark increased its Bitcoin production by 6.7% in June and surpassed its mid-year hashrate target of 20 exahashes per second (EH/s).The United States-based miner only sold 8 of the 445 Bitcoin it mined in June, bringing its total Bitcoin holdings to 6,591 BTC as of June 30, worth more than $4 billion at current prices. (CoinTelegraph)
2. Chinese Bitcoin Mining Pools Control A Staggering 54% Of Hash Rate Despite Ban: China Bitcoin mining pools now command over 50% of the total hash rate based on on-chain data. This is despite the 2021 China crypto ban, according to Kim Young Ju, the founder of CryptoQuant (99Bitcoins)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 50/100 (Down 3 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 850,525
DTG/ICOD: 1200Z 03Jul24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hurricane Beryl Barrels Toward Jamaica / Shanghai Cooperation Org Grows Again / 5GW and a First Lady's Bugatti / Lawyers Nationwide Prepare for Trump Presidency / VP Harris Odds Increasing / Taiwan Crypto Organizes to Advocate / First BTC Macro ETP Launched / Florida Man Shoots Delivery Drone / Kraken Wants Nuke Power / China Still Mining Bitcoin in Spades
Market Data: Price: 1 BTC= $60,292, 25.73 oz Gold, .14 Median US House
24hr Hi: $63,015 / Lo: $59,662
Vol: $26B (Up 17%)
Mkt Cap: $1.19T (Down 4%)
HashRate: 609 EH/s
Avg Fee Rate: 12 sats/vBtye (Down 17%)
Nodes: 19,033
---Reports---
-International Events-
1. Hurricane Beryl forecast and track: Jamaica's prime minister declares island 'disaster area' ahead of storm: According to the National Hurricane Center, Beryl was downgraded to a Category 4 from a Category 5, but its maximum sustained winds remained dangerous at 155 mph. Hurricane Beryl is expected to reach Jamaica and is forecast to produce rainfall totals of 4 to 8 inches across the mountainous island country, with isolated amounts of up to 12 inches possible. (ABC)
2. A growing club led by Xi and Putin to counter the US is adding a staunchly pro-Russia member: The expected admission of Belarus to the Shanghai Cooperation Organization (SCO) at its annual leaders’ summit in Astana, Kazakhstan is another push by Beijing and Moscow to transform the grouping – from a regional security bloc into a geopolitical counterweight to Western institutions led by the United States and its allies. Founded in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan to combat terrorism and promote border security, the SCO has grown in recent years in line with Beijing and Moscow’s shared ambition to counter what they see as US “hegemony” and reshape the international system in their favor. (CNN)
3. A Bugatti car, a first lady and the fake stories aimed at Americans: A network of Russia-based websites masquerading as local American newspapers is pumping out fake stories as part of an AI-powered operation that is increasingly targeting the US election, a BBC investigation can reveal. A former Florida police officer who relocated to Moscow is one of the key figures behind it. t would have been a bombshell report - if it were true. Olena Zelenska, the first lady of Ukraine, allegedly bought a rare Bugatti Tourbillon sports car for 4.5m euros while visiting Paris for D-Day commemorations in June. The source of the funds was supposedly American military aid money.
The story appeared on an obscure French website just days ago - and was swiftly debunked. (BBC) (AC-A great example of 5th Gen Warfare being conducted today. The truth is nowhere to be found in the Bugatti story and not confirmed even in the BBC story. What is known are the efforts to influence public perceptions and drive funding and actions in support of agendas.)
-US Events-
1. How Democratic lawyers are bracing for Trump’s return: Democratic attorneys around the country are already gearing up for the possibility of a second Trump administration by beginning to map out an aggressive legal strategy to fight him again in court — this time with a fresh sense of urgency. Democratic attorneys general are exploring hiring outside experts and dispatching staff to study areas of the law anticipated to come under attack, like reproductive health, immigration and the environment. And they are scrutinizing Project 2025, the 900-page blueprint from The Heritage Foundation that lays out a conservative agenda for the next Republican presidency. “If you’re an AG you have to make sure your team is solid,” said James Tierney, the former attorney general of Maine. (politico)
2. Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket: Vice president Kamala Harris' odds of becoming the Democratic nominee for president this year more than quadrupled on Tuesday, according to traders on Polymarket, the crypto-based prediction market platform that's seen torrid growth in an election year. (CoinDesk)
-Regulatory and Legal-
1. Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities: The body will aim to act as a bridge as the private sector and the government work together to supervise the industry. Its first task will be to formulate a self-regulation code that covers industry classification, listing and delisting, consumer protection, risk control, transaction monitoring and advertising solicitation, according to the blog post. (CoinDesk)
-Central Bank Digital Currencies-
NSTR
-Institutional Concerns-
1. Deutsche Digital Assets Launches World’s First Macro Bitcoin ETP: Deutsche Digital Assets (DDA) has launched the first-ever Macro Bitcoin Exchange-Traded Product (ETP) on Xetra. This innovative ETP aims to dynamically optimize Bitcoin exposure based on macroeconomic factors, offering a novel approach to cryptocurrency investment. Notably, the listing marks a significant milestone for investors looking to balance potential gains with macroeconomic risks.(CoinGape)
-Economic Indicators-
1. US Mortgage Rates Bounce Back Above 7%: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased by 10bps to 7.03% in the week ended June 28, 2024, from 6.93% in the previous period. (TradingEconomics)
2. US Job Openings Top Expectations: The number of job openings rose by 221,000 from the previous month to 8.140 million in May 2024, beating the market consensus of 7.91 million. Much of the increase can be attributed to state, local and federal government jobs. (TradingEconomics)
-Security Incidents and Concerns-
1. Florida Man Arrested for Shooting at Walmart Delivery Drone Faces Multiple Charges: In a quiet neighborhood of Clermont near Orlando in Florida, a 72-year-old man was facing multiple charges after he shot at a Walmart delivery drone. Witnesses saw a bullet hole in the drone, leading them to report it to local authorities on Wednesday. They also pointed authorities to Dennis Winn. (TechTimes)
-Technology-
1. Crypto Exchange Kraken Is Considering Going Nuclear: Kraken is considering using nuclear energy to power its data centers, amidst an expected boom in decentralized finance (DeFi) and increased demand for its services. Kraken is not looking to build its own reactors, but is considering partnering with energy providers that can supply nuclear power with small modular reactors (SMRs). These reactors can be co-located with data centers and don’t have space or weather constraints, according to CTO Patankar. (CoinDesk)
-Bitcoin Community-
1. CleanSpark mined 445 Bitcoin in June, surpasses hashrate target: Bitcoin miner CleanSpark increased its Bitcoin production by 6.7% in June and surpassed its mid-year hashrate target of 20 exahashes per second (EH/s).The United States-based miner only sold 8 of the 445 Bitcoin it mined in June, bringing its total Bitcoin holdings to 6,591 BTC as of June 30, worth more than $4 billion at current prices. (CoinTelegraph)
2. Chinese Bitcoin Mining Pools Control A Staggering 54% Of Hash Rate Despite Ban: China Bitcoin mining pools now command over 50% of the total hash rate based on on-chain data. This is despite the 2021 China crypto ban, according to Kim Young Ju, the founder of CryptoQuant (99Bitcoins)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 50/100 (Down 3 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report