@ BV DIB
2025-05-09 12:49:46
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BTC Daily Intelligence Bulletin (DIB)
Block: 895,956
DTG/ICOD: 1200Z 09May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: US-UK Announce Tariff Deal / First American Pope, Leo XIV / Missiles, Drones Exchanged in India, Pakistan / China Drops Economic Reporting Prior to US Negotiations / Jeanine Piro Named Interim US Attorney for DC / Pentagon to Oust Transgenders / Germany Reclaims Some Hacked Bitcoin / GENIUS Bill Dead / Man Sends Crypto To ISIS / EU To Track all Crypto Exchanged / Arizona Establish Bitcoin Reserve Only for Abandoned / Stocks Up on Trade Deals / Meta ChatBot Privacy Nightmare / ChatGPT Saves Ailing Man / Steak N Shake Now Takes Bitcoin
Market Data: Price: 1 BTC= $103,104, 30.90 oz Gold, .24 Median US House
24hr Hi: $104,297 / Lo: $99,122
Vol: $75B (Up 38%)
Mkt Cap: $2.04T (Up 4%)
HashRate: 908 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 200%)
---Reports---
-International Events-
1. US and UK Announce Tariff Reduction Deal: The United States and Britain finalized a trade agreement to lower tariffs on select goods, boosting UK assets amid economic challenges. The deal aims to strengthen bilateral trade and counter global market pressures. (Reuters)
2. Robert Prevost elected as first American pope and takes the name Leo XIV: The 69-year-old from Chicago stepped into his role as the 267th pope on the balcony of St. Peter’s Basilica. (CNN)
3. 500 Pakistani drones targeted 24 cities in J&K, Punjab, Rajasthan, Gujarat: Apart from swarm of drones, Pakistan also deployed missiles, which were promptly intercepted and blocked by India's air defense units. Meanwhile airlines Reroute Flights Over India and Pakistan.(IndiaToday)
4. China Panics Ahead Of Trade-Talks, Shuts Down Its Economic Data: Rarely do nations go entirely silent on the market, as in turning off the switches and making the data rooms go dark. It is an ominous sign. This is precisely what has happened in China. The bureaus have simply stopped reporting. (ZeroHedge)
-US Events-
1. Trump names Jeanine Pirro interim US attorney for DC: President Trump announced Thursday he’s appointing Fox News host and former prosecutor Jeanine Pirro the interim US attorney for Washington, DC, after his first pick faced what appeared to be insurmountable pushback from Republicans on Capitol Hill. (CNN)
2. Up to 1,000 transgender troops are being moved out of the military in new Pentagon order: The Defense Department announced it would promptly start separating up to a thousand transgender service members who have openly disclosed their gender identity, while also allowing others a 30-day period to self-report under the new order. (GroundNews)
-Regulatory and Legal-
1. Germany seizes $38M in crypto from Bybit hack-linked eXch exchange: The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police. (CoinTelegraph)
2. Treasury Secretary Scott Bessent Slams Senate Over Failure to Pass GENIUS Stablecoin Bill: The Senate's failure to advance the GENIUS Act, a bill aimed at establishing a federal regulatory framework for stablecoins, has caused uncertainty over stablecoin oversight and digital asset legislation. Treasury Secretary Scott Bessent expressed disappointment, emphasizing the need for American leadership in the global digital assets race. (Decrypt)
3. Man sentenced to 30 years for funding ISIS with cryptocurrency: A Virginia man was sentenced to more than 30 years in federal prison for raising funds for the Islamic State of Iraq and al-Sham (ISIS) using wire transfers, social media, and cryptocurrency. (TheBlock)
4. EU Plans to Track Crypto Transfers, Require Exchanges to Identify Self-hosted Wallet Users: Eurogroup President Paschal Donohoe discussed the EU's plan to expand AML regulation to include tracking cryptocurrency transfers. The new Anti-Money Laundering Regulation will require exchanges to identify users of self-hosted wallets. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Arizona Passes Law to Establish Bitcoin Reserve Fund: On May 2, Hobbs vetoed Senate Bill 1025 which would have allowed Arizona state funds to be invested in cryptocurrencies. Hobbs described virtual currencies as “untested investments.” But after receiving another proposal, House Bill HB2749, which permits the state to only hold abandoned digital assets in a special fund, Hobbs gave the thumbs up. (BitcoinCom)
-Institutional Concerns-
1. Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling: Bitcoin’s pipeline to exchanges is packed with brand‑new coins, leaving long‑held supply largely untouched. (CryptoSlate)
-Economic Indicators-
1. US 10-Year Yield Holds Advance: The yield on the US 10-year Treasury note held above 4.36% on Friday and was on track to post a second consecutive weekly gain, supported by improving global trade sentiment and diminished expectations of near-term rate cuts. (TradingEconomics)
2. Wall Street Rallies on UK Pact: Stocks in the US surged Thursday after President Trump announced a trade deal framework with the United Kingdom, the first major agreement since the US imposed sweeping tariffs earlier this year. The S&P 500 rose 0.6%, the Nasdaq jumped roughly 1.1% and the Dow gained 255 points, fueled by optimism around trade and easing geopolitical tensions. Trump described the UK deal as a breakthrough that would boost American exports, though a 10% tariff remains in place. He also hinted that tariffs on China could come down depending on the outcome of trade talks this weekend in Switzerland, where US officials will meet their Chinese counterparts. (TradingEconomics)
-Security Concerns-
NSTR
-Technology and Science-
1. Meta AI's Personalized Chatbot Raises Privacy and Ethical Concerns: Meta's new AI app collects extensive user data, with analysts noting it exceeds data gathering of competitors like ChatGPT. The platform keeps chat records by default and integrates with Meta's advertising system, raising privacy concerns. (GroundNews)
2. ChatGPT 'Saved' User's Life After Urging Him to Go the Hospital 'NOW' Upon Hearing His Symptoms: 'I Would've Lost an Organ': When he woke up in the morning with more intense symptoms, he decided to consult ChatGPT out of curiosity. After inputting his symptoms, the AI responded with a clear and urgent warning: "Go to the hospital. NOW." (TechTimes)
-Bitcoin Community-
1. Bitcoin to be Accepted at All Steak ‘n Shake Locations in the US Next Week: Steak ‘n Shake will start accepting Bitcoin at all U.S. locations from May 16, allowing customers to pay for items like milkshakes and burgers with BTC. This move will test Bitcoin's speed, cost, and usability in a high-volume, low-margin fast food setting. (Decrypt) (AC-Go support them!)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 8 pts)
Analyst Comments (AC): Friday FutureCast: Selected odds by Polymarket today: US recession in 2025?- 52% chance. US-China trade deal before June?- 23% chance. Fed Decision in June?- No change-85%. What price will Bitcoin hit in 2025?- $110K-83%, $120K-67%, $130K-48%
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report