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2024-12-11 13:53:27

Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 874,256 DTG/ICOD: 1200Z 11Dec24 ...

BTC Daily Intelligence Bulletin (DIB)
Block: 874,256
DTG/ICOD: 1200Z 11Dec24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: South Korean Police Raid President's Office / Syrian Rebel Consolidate Control / Fire Make Students Shelter-in-Place at Pepperdine / NJ Officials, FBI Investigate Large Drones / DHS Give Migrants More Jobs / Bitcoin 'Jesus' on Tucker / Bhutan Has Double the Bitcoin Than El Salvador / Binance and Circle to Push USDC / Microsoft Says No to Bitcoin / Fake Recruiters Use Malware / 13% of World Has Herpes / MARA Buys More Bitcoin

Market Data: Price: 1 BTC= $98,593, 36.69 oz Gold, .23 Median US House
24hr Hi: $98,536 / Lo: $94,321
Vol: $94B (Down 17%)
Mkt Cap: $1.95T (Up 1%)
HashRate: 770 EH/s
Avg Fee Rate: 16 sats/vBtye (Up 220%)
Nodes: 19,559

---Reports---
-International Events-
1. South Korea police try to raid Yoon's office over martial law: South Korean police tried to search President Yoon Suk Yeol's office on Wednesday but have not been able to enter the main building. The attempt to search the presidential office significantly escalates the investigation against Yoon and top police and military officers over the Dec. 3 martial law declaration that plunged the country with Asia's fourth-largest economy into a constitutional crisis. Yoon is now the subject of a criminal investigation into insurrection allegations and is banned from leaving the country, but he has not been arrested or questioned by authorities. (Reuters)

2. Syrian rebel forces fight to consolidate control; Israel expands strikes: The Syrian rebel coalition that ousted Bashar al-Assad, led by the Islamist group Hayat Tahrir al-Sham (HTS), said Wednesday that it had further consolidated control over the country’s east as it seeks to build a new political order in the country. Mohammed al-Bashir, who previously led the HTS-backed governing body in Syria’s Idlib province, said he will serve as Syria’s caretaker prime minister until March. Israel expanded aerial attacks across Syria after Assad’s fall, saying Tuesday that it had launched 350 airstrikes on the country since Sunday, destroying missiles and weapons sites, and effectively eliminating the Syrian navy. (WaPo)

-US Events-
1. Terrified students huddle in library as Malibu wildfire threatens Pepperdine University: Frightening footage from Pepperdine University’s showed flames licking the windows of the library just feet from sheltering students as a Malibu wildfire raged across the Southern California campus overnight Monday. By Tuesday, the Franklin Fire had spread to 2,200 acres and was almost completely uncontained. Los Angeles County Fire Department Chief Anthony C. Marrone said at least 1,000 firefighters have been deployed, but that the fire still is not contained anywhere. (NYPost)

2. NJ state senator calls for 'limited state of emergency' over mysterious drone sightings: "The State of New Jersey should issue a limited state of emergency banning all drones until the public receives an explanation regarding these multiple sightings," Republican state Sen. Jon Bramnick said in a statement Tuesday. The drones are larger than the type typically used by hobbyists, officials and eyewitnesses have said. The White House says President Biden has been briefed on the drones and they are "closely tracking the activity" and "coordinating closely" with DHS and FBI to continue investigating these incidents. (6ABC)

3. DHS Chief Alejandro Mayorkas Announces Jobs Giveaway — for Migrants: On Tuesday, Mayorkas announced a final rule from the United States Citizenship and Immigration Services (USCIS) that will allow millions of migrants, many of whom have been released into the U.S. interior by the Biden administration, to keep their work permits for up to 540 days when they seek a renewal. Migrants previously could renew their work permits for 180 days. In the last year, more than a million foreign-born workers have secured American jobs while nearly 800,000 native-born Americans have dropped out of the workforce. (Breitbart)

-Regulatory and Legal-
1. Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview: Known for his early investments in bitcoin (BTC) and his libertarian advocacy, BitcoinCom founder Roger Ver faces potential extradition to the United States from Spain on allegations of tax evasion—charges he strongly contests. According to Ver, early hopes for bitcoin as an alternative to fiat currency were subverted by a combination of intelligence agencies and institutional players. (BitcoinCom)

-Central Bank Digital Currencies/World Currencies-
1. El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger: The value of El Salvador's bitcoin holdings have risen above $500 million and Bhutan's above $1 billion. Bhutan's BTC holdings now account for more than one-third of its GDP versus El Salvador's stack at just 1.5% of its GDP. The tiny South Asian state, with a population of just 800,000 (vs. El Salvador at 6.4 million), is sitting on a bitcoin stash of 12,574 tokens, per Arkham Intelligence, worth $1.1 billion at the current price. (CoinDesk)

2. Binance and Circle Announce Strategic Partnership to Advance Global Crypto Adoption: The cooperation will increase the use of USD Coin (USDC) and promote the growth of the global digital assets and financial services ecosystem. Binance will expand the availability of USDC throughout their whole range of goods and services, guaranteeing that over 240 million Binance users worldwide can easily access and utilize USDC for applications related to trading, saving, and payments. Binance will also use USDC as a key dollar stablecoin for their corporate treasury. (BitcoinCom)

-Institutional Concerns-
1. Microsoft shareholders reject Saylor-backed Bitcoin treasury proposal: The unlikely push to get Microsoft, one of the world’s most valuable companies, to buy Bitcoin came from the National Center for Public Policy Research, a conservative think tank. Microsoft Chief Financial Officer Amy Hood said it was “important to remember our criteria and our goals of our balance sheet,” she continued, citing “to preserve capital, to allow a lot of liquidity, [and] to be able to fund our operations and partnerships and investments.” (DLNews)

-Economic Indicators-
1. US 10-Year Yield Edges Higher Ahead of CPI Report: The yield on the US 10-year Treasury rose toward 4.24% on Wednesday, marking its third consecutive day of gains as investors braced for a crucial US inflation report that could significantly influence Federal Reserve policy. (TradingEconomics)

2. US Dollar Index Gains Traction: The dollar index gained traction and rose to above 106.5 on Tuesday, the highest in two weeks, amid dovish expectations for major central banks outside the US ahead of the domestic CPI print this week. The Bank of Canada is expected to deliver a 50bps rate cut tomorrow and the ECB is due to cut its rates by 25bps on Thursday, pressuring key currencies of n the US dollar index. (TradingEconomics)

-Security Incidents and Concerns-
1. Fake Job Recruiters Distribute Banking Trojan via Malicious Apps in Phishing Scam: "As part of their fraudulent hiring process, the phishing campaign tricks victims into downloading a malicious application that acts as a dropper, eventually installing the updated variant of Antidot Banker in the victim's device." Some of the other known features of the malware include keylogging, call forwarding, SMS theft, and Virtual Network Computing (VNC) functionality to remotely interact with the compromised devices. (HackerNews) (AC-Beware the unsolicited job offers.)

-Technology and Science-
1. Over 840 Million People Worldwide Infected with Genital Herpes, Study Finds: Over 840 million people globally are infected with genital herpes, which represents about 13% of the global population, WHO reported in a Medical Journal. (GroundNews)

2. X Took Down Grok's 'Aurora' Image Generator After Going Live, And It Brought Realistic Photos Online: Users on X were surprised with the addition of Grok AI's new image generator called "Aurora" as it appeared on the platform under a beta testing label, and many users were quick to jump on it. However, it did not see two full days available for users to enjoy as it was immediately taken down by X for unknown reasons, after the many AI-created images it was able to generate. (TechTimes)

-Bitcoin Community-
1. Publicly Traded Bitcoin Miner MARA Buys $1.1 Billion in BTC: MARA, a top Bitcoin miner, recently purchased 11,774 Bitcoin for $1.1 billion, bringing their total holdings to 40,435 Bitcoin worth nearly $3.9 billion. (Decrypt)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 78/100 (Even)

Analyst Comments (AC): NSTR

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Analyst: BV2A
END REPORT
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