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About this Episode
BTC Daily Intelligence Bulletin (DIB)
Block: 879,221
DTG/ICOD: 1200Z 14Jan25
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Gaza Peace Talks Making Progress / South Korean President Impeached, Still Bunkered / US Sanctions Russian O&G Sector / Hegseth Confirmation Begins / Looters Arrested in LA / Trump Readies Crypto EO / NY, BOE Collaborate on Crypto Regs / Tether Follows Rumble to El Salvador / First Bank Buys Bitcoin in Italy / Allstate Spied on American’s Movements / Tik Tok Out, RedNote In / US Tightens AI Chip Exports / Starlink, T-Mobile Step Up in LA / BTC Shrimps Buying More / Bukele Wants a Node in Every Home
Market Data: Price: 1 BTC= $95,807, 35.96 oz Gold, .22 Median US House
24hr Hi: $97,352 / Lo: $89,260
Vol: $64B (Up 40%)
Mkt Cap: $1.89T (Up 5%)
HashRate: 771 EH/s
Avg Fee Rate: 8 sats/vBtye (Up 12%)
Nodes: 21,176
—Reports—
-International Events-
1. Israel to release 50 Palestinian prisoners including 30 serving life sentences for each female soldier hostage: According to a draft of the deal being negotiated between Israel and Hamas, Israel will pay a steep price to secure the release of female soldiers being held hostage. The three-phase agreement would begin with the gradual release of 33 hostages over a six-week period, including women, children, older adults and wounded civilians, in exchange for potentially hundreds of Palestinian women and children imprisoned by Israel. (TimesOfIsrael)
2. Top aide of impeached South Korean president pleads for investigators to halt detention efforts: Presidential Chief of Staff Chung Jin-suk said President Yoon could instead be questioned at a “third site” or at his residence and said the anti-corruption agency and police were trying to drag him out like he was a member of a “South American drug cartel.” Yoon Suk Yeol has not left his official residence in Seoul for weeks, and the presidential security service prevented dozens of investigators from detaining him after a nearly six-hour standoff on Jan. 3. (AP)
3. US targets Russia’s oil sector with ‘sweeping’ sanctions: The sanctions on Friday targeted two major Russian oil producers and 183 vessels that help transport the petrol, as well as 80 individuals and entities involved in the production and export of liquefied natural gas (LNG) from Russia. The sanctioned companies include Gazprom Neft and Surgutneftegas, two of Russia’s largest oil companies. (AlJazeera)
-US Events-
1. Defense secretary nominee Pete Hegseth expected to face contentious confirmation hearing: Hegseth’s past includes allegations of sexual assault and controversial views on women in combat, which he has softened in recent meetings. He has promised not to drink alcohol if confirmed and has support from some veterans’ groups. The hearing is part of a weeklong review of Trump’s cabinet choices, with potential opposition from both sides of the aisle. (GroundNews)
2. Nine Charged as Looting Surges in Wake of L.A. Wildfires: The affluent Pacific Palisades, devastated by the fire that raged there last week, has been a particular target. Many neighborhoods were destroyed, but some homes remain intact — enticing looters. The latest charges include for one burglary that netted $200,000 and one in which an Emmy statuette was stolen, Los Angeles County District Attorney Nathan Hochman told reporters. (Breitbart)
-Regulatory and Legal-
1. President-elect Trump Plans to Issue a Crypto Executive Order, Starting With a Presidential Crypto Council: Sources indicate that President-elect Donald Trump is expected to issue a crypto-related executive order, establishing a presidential crypto council and instructing the SEC to repeal a rule discouraging American banks from holding crypto. Additional orders may follow to address more complex issues in the crypto industry. (Decrypt)
2. New York and Bank of England collaborate to align global crypto regulations: The New York Department of Financial Services (NYDFS) has announced a partnership with the Bank of England (BOE) to launch an international regulatory initiative aimed at harmonizing crypto regulations. The program, known as the Transatlantic Regulatory Exchange (TRE), is designed to promote collaboration, share expertise, and align regulatory approaches for digital assets and emerging payment systems. (CryptoSlate)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Tether Relocating to El Salvador After Receiving Stablecoin Issuer License: Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. (BitcoinCom)
2. Intesa Sanpaolo Becomes the First Italian Bank to Invest Directly in Bitcoin: Intesa Sanpaolo, Italy’s largest banking group, has made a significant move by purchasing 11 Bitcoins for approximately 1 million euros, marking the first direct investment in crypto by an Italian bank. The acquisition was confirmed by the bank’s press office following leaked internal communication earlier in the day. (Decrypt)
-Economic Indicators-
1. US 10-Year Treasury Yield Stabilizes: The yield on the US 10-year Treasury note held steady around 4.79%, maintaining its highest level since October 2023 after climbing over 20 basis points since the start of the year. (TradingEconomics)
-Security Incidents and Concerns-
1. Texas sues Allstate, alleging it violated data privacy rights of 45 million Americans: Texas’ attorney general is suing the insurance giant Allstate and its subsidiary Arity for allegedly illegally collecting, using and selling cell phone location and movement data belonging to more than 45 million Americans without their knowledge. Allstate has harvested trillions of miles of that data from Americans’ cellphones through “secretly embedded” software Arity pays millions of dollars to place in mobile apps that track consumers’ driving data, state Attorney General Ken Paxton announced Monday. By failing to give consumers notice or get their consent for gathering and selling the sensitive data, Allstate violated Texas’ new Data Privacy and Security Act. Last fall, Texas also warned six apps listed on Arity’s website as apparent partners that they were violating the state’s data privacy law. Those apps are: GasBuddy, Life360, Miles, MyRadar, SiriusXM and Tapestri. (TheRecord)
-Technology and Science-
1. TikTok Ban Spurs US Surge to Chinese App RedNote: In response to the impending TikTok ban on January 19, 2025, TikTok users are migrating en masse to the Chinese app RedNote, also known as Xiaohongshu. The migration to RedNote could significantly alter the social media landscape in the U.S., as millions of TikTok users seek alternatives. (GroundNews)
2. US Tightens AI Chip Exports Restrictions Ahead of Trump’s Inauguration: Announced just days before Donald Trump’s transition as the President, the “Interim Final Rule on Artificial Intelligence Diffusion” seeks to maintain U.S. dominance in AI while preventing adversaries such as from exploiting advanced systems for malicious purposes. The restrictions impose caps on the number of advanced graphics processing units and other AI-related technologies that can be exported to most countries. (Decrypt)
3, Starlink, T-Mobile Direct-to-Cell Service Now Live for Los Angeles Wildfire Victims After Network Loss: This technology offers a satellite-to-phone connection for the victims of the natural disaster, with the residents given a chance to send text messages to first responders and family members to give knowledge of their statuses and whereabouts. (TechTimes)
-Bitcoin Community-
1. Bitcoin Shrimps Back To Buying: Supply Share Hits 6.9%: The “Shrimps” refer to the smallest of hands in the BTC market, who carry less than one full token of the cryptocurrency in their wallet balance. The Bitcoin Shrimp Supply has registered an increase recently and has reached a value of 1.36 million BTC, which is equivalent to around 6.9% of the entire circulating supply of the asset. The pattern would imply the Shrimps took some of their profits at the high prices. (Bitcoinist)
2. President Bukele Plans Bitcoin Nodes in Every Home: Max Keiser spoke about President Nayib Bukele’s bold vision to introduce a Bitcoin node at every home thereby setting up global precedence in crypto adoption. The broader goal here is to promote economic decentralization and promote financial inclusion. Additionally, it also seeks to promote a decentralized nation-state model in the country. (CoinGape)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 63/100 (Up 2 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
Hosts & Guests
No transcript available for this episode.
