Bitcoin Veterans on Nostr: BTC Daily Intelligence Bulletin (DIB) Block: 822,082 DTG/ICOD: 0800EST 20DEC23 ...
BTC Daily Intelligence Bulletin (DIB)
Block: 822,082
DTG/ICOD: 0800EST 20DEC23
Prcedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Trump barred from Colorado Ballet / Sen Warren blames veterans, LEO, Gov employees for teaming with Crypto / Bull market talk at fever pitch
Market Data: Price: 1 BTC= $42,996, 21.11oz Gold
24hr Hi: $42,999/ Lo: $41,826
Vol: $20.730B (down 13.4%)
Mkt Cap: $840.595B (flat)
HashRate: 507 EH/s
Avg Fees: 107,238 sats/tx (up 10%)
Nodes: 17,023
---Reports---
-International Events-
1. Chinese activist Li Qiaochu has been tried for "inciting subversion of state power" in a case seen as part of China's sprawling crackdown on dissent. The 32-year-old faces a possible jail term of five years or more. She has been in custody since March 2021, after tweeting about the harsh detention conditions of her partner and fellow activist Xu Zhiyong. (BBC) (AC-Li Qiaochu is one of five activists arrested and sentenced recently for speaking out against the heavy hand of Chinese control. China has also issued "bounties" for HK dissidents worldwide.)
-US Events-
1. Fmr Pres Trump barred from Colorado ballet, Vivek Ramaswamy pledges support: Republican presidential candidate Vivek Ramaswamy has pledged to withdraw from the Colorado state primary in response to the recent ruling that bars former President Trump from being on the ballot. The Colorado Supreme Court ruled “in a 4-3 opinion that the Constitution’s ‘Insurrection Clause’ prohibits former President Donald Trump from appearing on the ballot for the presidency in 2024.” (Breitbart) (AC-This ruling may push the issue to SCOTUS and is igniting severe reactions in the US.)
2. 177 of Jeffrey Epstein’s Associates’ Identities to Be Revealed in Court Documents: The names will appear in court documents set to be released in early January.(Daily Mail)
-Regulatory and Legal-
1. Sen Warren blames former Military/LEO/Lawmakers for pushing crypto terrorism: The Massachusetts Democrat sent letters to Coinbase, the Blockchain Association and Coin Center, two leading industry groups, demanding details on their employment of the former officials. Warren cited POLITICO reporting that outlined how the crypto lobby has been flexing its association with the experts as it faces growing scrutiny for the role digital assets play in facilitating financial crime, including funding the Oct. 7 Hamas attacks in Israel.(Politico)(AC-Veterans drawing attention)
2. Palau pushes forward with CBDC: The Ministry of Finance in Palau has officially kickstarted the second phase of its Palau Stablecoin (PSC) initiative. Palau has set its sights on expanding its collaboration with Ripple, with the goal to leverage Ripple’s central bank digital currency (CBDC) platform and tap into their technical expertise. PSC is a digital currency that is pegged to the United States dollar and operates on Ripple’s XRP Ledger.(CryptoIntelligence)
3. 42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: The report, released on Tuesday by PWC, said 42 countries have engaged in myriad initiatives to develop crypto-focused regulations and legislation, from holding discussions to passing laws. Those regulatory and legislative pushes are divided into four key focus areas: stablecoin regulation, travel rule compliance, licensing and listing guidance, and crypto framework development, according to PwC.(CoinDesk)
-Technological Updates-
NSTR*
-Institutional Concerns-
NSTR*
-Economic Indicators-
1. November Home Sales Likely Fell After Mortgage Rates Hit Two-Decade Highs. Affordability has improved slightly since earlier this fall, but inventory of homes for sale remains low. The National Association of Realtors will release the November existing-home sales report at 10 a.m. Eastern time Wednesday. (WSJ)
-Security Incidents and Concerns-
NSTR*
-Bitcoin Community-
NSTR*
-Bitcoin Sentiment-
1. Greed/Fear Index: 74/100 (Up 1 pt)
Analyst Comments (AC)- The majority of articles concerning Bitcoin today are about price predictions or the coming "bull market". The speculation is high from Michael Saylor to mainstream media, which often leads to confirmation bias in discussions and reporting. Factual analysis may be difficult in such an atmosphere, and we will continue to seek the "Signal" from the "Noise".
Follow us on NOSTR: Bitcoin Veterans (npub1qkt…ms0r)
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
Block: 822,082
DTG/ICOD: 0800EST 20DEC23
Prcedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Trump barred from Colorado Ballet / Sen Warren blames veterans, LEO, Gov employees for teaming with Crypto / Bull market talk at fever pitch
Market Data: Price: 1 BTC= $42,996, 21.11oz Gold
24hr Hi: $42,999/ Lo: $41,826
Vol: $20.730B (down 13.4%)
Mkt Cap: $840.595B (flat)
HashRate: 507 EH/s
Avg Fees: 107,238 sats/tx (up 10%)
Nodes: 17,023
---Reports---
-International Events-
1. Chinese activist Li Qiaochu has been tried for "inciting subversion of state power" in a case seen as part of China's sprawling crackdown on dissent. The 32-year-old faces a possible jail term of five years or more. She has been in custody since March 2021, after tweeting about the harsh detention conditions of her partner and fellow activist Xu Zhiyong. (BBC) (AC-Li Qiaochu is one of five activists arrested and sentenced recently for speaking out against the heavy hand of Chinese control. China has also issued "bounties" for HK dissidents worldwide.)
-US Events-
1. Fmr Pres Trump barred from Colorado ballet, Vivek Ramaswamy pledges support: Republican presidential candidate Vivek Ramaswamy has pledged to withdraw from the Colorado state primary in response to the recent ruling that bars former President Trump from being on the ballot. The Colorado Supreme Court ruled “in a 4-3 opinion that the Constitution’s ‘Insurrection Clause’ prohibits former President Donald Trump from appearing on the ballot for the presidency in 2024.” (Breitbart) (AC-This ruling may push the issue to SCOTUS and is igniting severe reactions in the US.)
2. 177 of Jeffrey Epstein’s Associates’ Identities to Be Revealed in Court Documents: The names will appear in court documents set to be released in early January.(Daily Mail)
-Regulatory and Legal-
1. Sen Warren blames former Military/LEO/Lawmakers for pushing crypto terrorism: The Massachusetts Democrat sent letters to Coinbase, the Blockchain Association and Coin Center, two leading industry groups, demanding details on their employment of the former officials. Warren cited POLITICO reporting that outlined how the crypto lobby has been flexing its association with the experts as it faces growing scrutiny for the role digital assets play in facilitating financial crime, including funding the Oct. 7 Hamas attacks in Israel.(Politico)(AC-Veterans drawing attention)
2. Palau pushes forward with CBDC: The Ministry of Finance in Palau has officially kickstarted the second phase of its Palau Stablecoin (PSC) initiative. Palau has set its sights on expanding its collaboration with Ripple, with the goal to leverage Ripple’s central bank digital currency (CBDC) platform and tap into their technical expertise. PSC is a digital currency that is pegged to the United States dollar and operates on Ripple’s XRP Ledger.(CryptoIntelligence)
3. 42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: The report, released on Tuesday by PWC, said 42 countries have engaged in myriad initiatives to develop crypto-focused regulations and legislation, from holding discussions to passing laws. Those regulatory and legislative pushes are divided into four key focus areas: stablecoin regulation, travel rule compliance, licensing and listing guidance, and crypto framework development, according to PwC.(CoinDesk)
-Technological Updates-
NSTR*
-Institutional Concerns-
NSTR*
-Economic Indicators-
1. November Home Sales Likely Fell After Mortgage Rates Hit Two-Decade Highs. Affordability has improved slightly since earlier this fall, but inventory of homes for sale remains low. The National Association of Realtors will release the November existing-home sales report at 10 a.m. Eastern time Wednesday. (WSJ)
-Security Incidents and Concerns-
NSTR*
-Bitcoin Community-
NSTR*
-Bitcoin Sentiment-
1. Greed/Fear Index: 74/100 (Up 1 pt)
Analyst Comments (AC)- The majority of articles concerning Bitcoin today are about price predictions or the coming "bull market". The speculation is high from Michael Saylor to mainstream media, which often leads to confirmation bias in discussions and reporting. Factual analysis may be difficult in such an atmosphere, and we will continue to seek the "Signal" from the "Noise".
Follow us on NOSTR: Bitcoin Veterans (npub1qkt…ms0r)
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report