Subnostr

Bitcoin Veterans 2y ago

TC Daily Intelligence Bulletin (DIB)

Block: 823,022

DTG/ICOD: 0800EST 26DEC23

Prcedence: Routine (RR)

Controls: Public Release

QQQQ

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BLUF:

Market Data: Price: 1 BTC= $42,791, 20.69oz Gold

24hr Hi: $43,765 / Lo: $42,321

Vol: $26.9B (Up 37.5%)

Mkt Cap: $837.17B (Down 1.4%)

HashRate: 515 EH/s

Avg Fees: 61,589 sats/tx (up 9%)

Nodes: 15,964

---Reports---

-International Events-

1. Islamists worldwide target Christmas celebrations: Europe: Christian churches threatened, New York: Large groups of pro-palestinian protestors march near Rockefeller Center, Chicago Interstate near O'Hare, SECDEF Lloyd Austin's home and NATSEC Advisor Jake Sullivan's home. (DW, WSJ, AP, Breibart, Reuters)

(Analyst comment: Although noted separately in mulitiple reports, supporters of Palestininians or Hamas have used the Christian celebration of Christmas to target Europeans, city centers, and Biden administration officials with protesting and threats of violence. The efforts seem well-coordinated and specifically targeted.)

2. Iran-Backed Forces Widen Their Attacks on Commercial Shipping: The U.S. Navy said late Saturday that two more vessels had been attacked that day by Iranian-backed Houthi forces in Yemen, bringing the number of commercial ships attacked to 15. The Pentagon said earlier in the day that a chemical tanker in the Indian Ocean was struck by a drone launched directly from Iran, a claim Tehran denied.(WSJ)

3.Russia has confirmed one of its warships has been heavily damaged in a Ukrainian attack on a Black Sea port: The airstrike took place at Feodosiya in Russian-occupied Crimea early on Tuesday morning. Russia's Ministry of Defence said the large landing ship Novocherkassk was struck by Ukrainian aircraft carrying guided missiles.(BBC)

-US Events-

1. Republican U.S. Rep. Marjorie Taylor Greene was the target of a swatting attempt at her Georgia residence on Christmas morning, the congresswoman and local police said, marking the latest instance of someone calling in a fake emergency to draw armed officers or SWAT teams to her home. She posted that this is 'about the 8th time that this has happened'. (AP)

-Regulatory and Legal-

1. China's State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring: The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over 15.8 billion yuan ($2.2 billion) to purchase crypto on exchanges overseas and provide yuan exchanging services.(Bitcoincom)

2. Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack: Almost 10 years after being hacked, the Mt. Gox crypto exchange appears to be starting to repay customers who lost 850,000 bitcoin (BTC) now valued around $36 billion.Some participants in the mtgoxinsolvency subreddit group said they had received payouts in yen over Paypal. Others, who’d chosen to receive cash into bank accounts, said they had not seen any inflows.(CoinDesk)

-Central Bank Digital Currencies (CBDC)-

NSTR*

-Institutional Concerns-

1. Blackrock Reveals Plan to Seed Spot Bitcoin ETF With $10 Million on January 3: The world’s largest asset manager has engaged in 6 recent meetings with the U.S. SEC to address its filing. In response to the SEC’s concerns, the firm has opted for the cash creation model, departing from its initial preference for the in-kind model.(Bitcoincom)

-Economic Indicators-

NSTR*

-Technological Updates-

NSTR*

-Security Incidents and Concerns-

1. MS Drainer Allows Criminals to Siphon Over $58 Million: A recent report from Scam Sniffer, an anti-scam platform used by several Web3 wallets, has revealed that a malware, called MS Wallet Drainer, has managed to siphon over $58 million from cryptocurrency holders. The tool attacks the cryptocurrency wallets (Ethereum, BNB, and other EVM chains and rollups) of victims using Google and X ads to infect their devices and drain them of any available funds and non-fungible tokens (NFTs).(Bitcoincom)

-Bitcoin Community-

1. Over 70% of Bitcoin (BTC) Unmoved in Past Year Ahead of Spot ETF Call and Halving: data from Look Into Bitcoin indicates that an impressive 70% of all Bitcoin in circulation has not changed hands in over a year. The Bitcoin 1+ Year HODL Wave suggests that a substantial portion of the cryptocurrency’s holders are maintaining a long-term perspective, possibly in anticipation of major upcoming events.(blockchainreporter)

-Bitcoin Sentiment-

1. Fear(0)/Greed(100) Index: 71/100 (Down 3 pts)

Analyst Comments (AC): The protest/threats targeting of Christian or Jewish supporters on Christmas day is alarming, especially with noted worldwide coordination. Continued vigilance and security is needed as the threat may continue to grow throughout Israel's campaign in Gaza.

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