BTC Daily Intelligence Bulletin (DIB)
Block: 891,496
DTG/ICOD: 1200Z 08Apr2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Ukraine Troops in Another Russian Region / France Weighs in on Gaza / US to Meet With Iran / China-US Tariff War Escalates / SCOTUS Sides With Trump on Deportations / US Army Reenlists COVID Drops / Rumors of US at Bagram Air Base / SEC to Host Crypto Reps at Roundtable / Is Bretton Woods 2.0 Trump's Endgame? / CZ Tapped to Advise Pakistan / Q1 Rough on MSTR Balance Sheet / Bitcoin Did Well During Turmoil / High Volatility in Yesterday's Markets / Aussies Go After Pig Butchers / Dire Wolf Makes a Return / Apple Flies in iPhones / BTC Devs Look at Quantum Defenses
Market Data: Price: 1 BTC= $80,000, 26.54 oz Gold, .19 Median US House
24hr Hi: $81,119 / Lo: $75,793
Vol: $67B (Down 7%)
Mkt Cap: $1.58T (Up 5%)
HashRate: 921 EH/s
Avg Fee Rate: 4 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Zelensky confirms for first time that Ukrainian troops active in Russia’s Belgorod region: Ukrainian troops remain in parts of the neighboring Russian region of Kursk eight months after a cross-border incursion, though Russian forces have recaptured much lost territory. “We continue active operations in the enemy’s border areas and this is absolutely justified. The war must return to where it came from. (CNN)
2. Hamas ‘must have no role’ in Gaza governance, says Macron in meeting with Sissi: French President Emmanuel Macron said Sunday that Hamas should play no part in governing Gaza while publicly backing the Egyptian-led Gaza reconstruction plan during a meeting with Egyptian President Abdel Fattah el-Sissi. Macron threw his support behind the Gaza reconstruction plan unveiled by the Arab League in March, saluting Egypt’s “crucial work” and saying it “offers a realistic path to the reconstruction of Gaza.” (TimesOfIsrael)
3. Trump says US will deal 'directly' with Iran in high-level meeting on Saturday: "We have a very big meeting on Saturday, and we're dealing with them directly," Trump told reporters from the Oval Office while sitting next to Israeli Prime Minister Benjamin Netanyahu. (Fox)
4. China Vows 'Fight To The End' As Trump Warns 50% More Tariffs: If the US insists on going its own way, China will fight it to the end," a spokesperson for Beijing's commerce ministry said on Tuesday, adding that Trump's threat "once again exposes the US's blackmailing nature". "If the US escalates its tariff measures, China will resolutely take countermeasures to safeguard its own rights and interests," the ministry said. (IBTimes)
-US Events-
1. Supreme Court Allows Trump Admin to Enforce Deportations of Gang Members Under Alien Enemies Act: The Supreme Court of the United States lifted a block from U.S. District Judges James Boasberg, which prevented the Trump administration from deporting suspected illegal alien gang members under the 1798 Alien Enemies Act. Per the outlet, in a 5-4 decision, the Supreme Court justices found that “the migrants had improperly challenged their deportations in Washington, D.C.,” when they should have challenged them in Texas, “where they were being held” (Breitbart)
2. Army reenlists nearly two dozen soldiers ousted for refusing COVID-19 vaccine: The Army has reenlisted more than 23 soldiers discharged for refusing the COVID-19 vaccine, implementing President Donald Trump's order to rehire them and provide back pay. (GroundNews, AP)
3. Unverified Claims of U.S. Control Over Bagram Air Base: Recent social media posts have circulated claims that the United States has reassumed control of Bagram Air Base in Afghanistan at the request of the Taliban government. These claims suggest that several U.S. Air Force C-17 aircraft have landed at the base, carrying military equipment and senior intelligence officials. However, there is no concrete evidence or official statements from either the U.S. or Taliban governments to confirm these reports. (X)
-Regulatory and Legal-
1. SEC to host former legal rivals Coinbase, Cumberland DRW and Uniswap Labs at crypto roundtable: The upcoming event, titled "Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading," is part of a series of roundtable discussions organized by the SEC's crypto task force meant to bring more clarity to crypto regulation. (TheBlock)
-CBDCs/World Currencies/Strategic Reserves-
1. VC Chamath Palihapitiya Predicts Bretton Woods 2.0 as Trade War Endgame: On social media, Palihapitiya declared that Trump will maintain these tariffs for a few weeks, allowing other countries to present proposals to end them for their exports. Nonetheless, Palihapitiya believes this wave of capitulation will embolden Trump, who will try to achieve something greater. What would follow is the establishment of a new world order a la Bretton Woods through the “Mar-a-Lago agreements,” focusing on securing the future of the U.S. as world hegemon. He states these agreements will be seen as a great bargain, negotiating favorable trade conditions and other elements with 80+ countries in one swoop. (BitcoinCom)
2. Pakistan's Crypto Council Taps Binance Founder CZ as Advisor: Binance co-founder CZ Zhao will advise Pakistan's Crypto Council to enhance crypto regulations, infrastructure, education, and adoption. The council aims to boost foreign investment and position Pakistan as the crypto capital of South Asia. (Decrypt)
-Institutional Concerns-
1. Strategy's Bitcoin Holdings Down Nearly $6 Billion in Q1: Strategy, formerly MicroStrategy, faces unrealized losses of $5.91 billion on Bitcoin holdings in the first quarter, potentially impacting future profitability. The company spent $7.7 billion on Bitcoin in Q1, with holdings unchanged at 528,185 Bitcoin worth $41.3 billion. (Decrypt)
-Economic Indicators-
1. Bitcoin weathers global tariff storm, suggesting safe-haven potential: “Bitcoin’s behavior in recent weeks reveals an important shift — while it remains sensitive to macro shocks, it’s starting to decouple from broader risk assets during moments of peak stress.” a Binance report said. (CryptoSlate)
2. Dow Tumbles For 3rd Day: US stocks closed mostly lower on Monday, as markets reacted to President Donald Trump's escalating trade war with China, including a threat to impose an additional 50% tariff if Beijing did not back down from its retaliatory measures. The S&P 500 fell 0.7%, the Dow Jones dropped 342 points in a wild session marked by record intraday swings, the Nasdaq 100 closed up 0.2% after earlier plunging over 3%. Volatility spiked across asset classes, with equities, Treasuries, and commodities all whipsawed by conflicting headlines, including speculation of a 90-day tariff pause, a rumor the White House quickly denied. (TradingEconomics)
3. US Small Business Sentiment Weaker than Expected: The NFIB Small Business Optimism Index fell 3.3 points to 97.4 in March 2025, its lowest level since October 2024 and well below the market expectation of 101.3. (TradingEconomics)
-Security Incidents and Concerns-
1. Crypto Scam: Australia Shuts Over 90 Companies Linked To Pig Butchering Schemes: Australia’s Securities and Investments Commission has sought the court’s approval to shut down 95 firms reportedly connected to crypto scams. The Federal Court of Australia signaled a green light to the securities watchdog to wind down the companies. (CoinGape)
-Technology and Science-
1. Scientists say they have resurrected the dire wolf: A species of wolf that died out some 12,500 years ago lives again as the “world’s first successfully de-extincted animal,” according to Dallas-based biotech company Colossal Biosciences. Colossal scientists have created three dire wolf pups by using ancient DNA, cloning and gene-editing technology to alter the genes of a gray wolf, the prehistoric dire wolf’s closest living relative, the company announced Monday. The result is essentially a hybrid species similar in appearance to its extinct forerunner. (CNN) (AC-Jurassic World anyone?)
2. Apple Reportedly Flies Planes of iPhones to the US From India, China to Avoid Trump's Tariffs: Apple and Tim Cook may have aligned themselves with President Donald J. Trump's good side, but it is still not enough as the company is now reportedly rushing to stockpile iPhone units from India and China. In the past few weeks, Apple has reportedly been flying planes full of iPhones from its Asian manufacturing plants to avoid facing the higher tariffs that the 47th POTUS is about to impose. (TechTimes)
-Bitcoin Community-
1. Why Wait? Bitcoin Developer Proposes Plan to Fight Quantum Computing Threat: Bitcoin developers are proposing a Quantum-Resistant Address Migration Protocol to safeguard the cryptocurrency from potential quantum decryption threats. The protocol would require users to transition their Bitcoin to new, quantum-resistant addresses before a set deadline to protect against future attacks. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 24/100 (Up 1 pts)
Analyst Comments (AC): NSTR
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report