BTC Daily Intelligence Bulletin (DIB)
Block: 900,930
DTG/ICOD: 1200Z 12Jun2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Air India Dreamliner Crashes / IAEA Says Iran Not Complying on Nuclear / US Withdraws Some Diplomats, Families From Mideast Regions / Hamas Attacks, Kills Gaza Aid Workers / US Judge Says Foreign Columbia Student Must Be Released / ICE Riots Continue, Expand / GENIUS Stablecoin Act Passes Senate / Brazil Floats Bitcoin Mining Ban, Tax Transactions / Meta Stablecoin Ambition Draws Senators Attention / WorldCoin Project Teams With USDC / Gamestop Raises $1.75B For More BTC Presumably / Bank of America Explores Own Stablecoin / CPI Less Than Expected / Interpol Still Conducting Mass Surveillance / ChatGPT Questions Uses Watts and Water
Market Data: Price: 1 BTC= $106,984, 31.64 oz Gold, .25 Median US House
24hr Hi: $110,384 / Lo: $106,981
Volume: $54B (Up 5%)
Mkt Cap: $2.12T (Down 2%)
HashRate: 929 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 66%)
---Reports---
-International Events-
1. Air India flight to London crashes after take-off with over 240 people on board: The Boeing 787 aircraft took off from Ahmedabad airport at 1.39pm local time (8.09am BST), India’s civil aviation authority confirmed, but crashed just minutes later into a residential area. (IndependentUK)
2. UN nuclear watchdog board finds Iran not complying with nuclear obligations: A key issue cited is Iran’s failure to provide the IAEA with credible explanations of how uranium traces detected at undeclared sites in Iran came to be there, despite the agency having investigated the issue for years. Iran‘s Foreign Ministry and the Atomic Energy Organisation of Iran (AEOI) announced in a joint statement that the country will build a new uranium enrichment facility “in a secure location”, adding that “other measures… will be announced later”. (ALJazeera)
3. US withdraws some diplomats and military families from Middle East amid Iran tensions: It’s not clear what is causing the sudden change in posture, but a defense official said US Central Command is monitoring “developing tension in the Middle East.” The State Department is also preparing to order the departure of non-essential personnel from the US embassies in Iraq, Bahrain and Kuwait due to increased security risks in the region, according to a separate US official and another source familiar with the matter. (CNN)
4. Hamas Attacks Bus of Workers from American Aid Group in Gaza; 5 Deaths; Hostages Possible: The Palestinian terrorist group Hamas attacked a bus full of aid workers with the Gaza Humanitarian Foundation (GHF) on Wednesday, killing at least five local Palestinians who worked with the group. (Breitbart)
-US Events-
1. Federal judge sides with anti-Israel ringleader Mahmoud Khalil, halts Trump administration's deportation bid: U.S. District Judge Michael Farbiarz on Wednesday granted a preliminary injunction preventing the government from detaining or removing Khalil, 30. "The government cannot claim an interest in enforcing what appears to be an unconstitutional law," Farbiarz wrote, adding that the threat to free speech raised serious First Amendment concerns. (Fox)
2. Dozens taken into custody on 2nd night of DTLA curfew as new protests pop up: A hearing is set for Thursday over Gov. Gavin Newsom's request to stop troops from coming to California amid anti-ICE protests after President Donald Trump ordered the deployment of roughly 4,000 National Guard members and 700 Marines to L.A. (KABC)
-Regulatory and Legal-
1. U.S. Senate Votes 68–30 to Advance GENIUS Act Amid Warren’s Criticism: U.S. Senate votes 68–30 to advance GENIUS Act amid Warren’s criticism, as amendments are blocked and stablecoin concerns take center stage. She calls to block the bill, calling it a “national security threat” and “Trump’s corruption mechanism via stablecoins.” (BitcoinSensus)
2. Brazilian Party Proposes Bill to Restrict Bitcoin Mining and Tax Trading Activities: A new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in Brazil. The draft restricts cryptocurrency trading to licensed traders and establishes a daily tax on these activities. (BitcoinCom)
3. US Senators Raise Alarms Over Meta's Stablecoin Ambitions: Senators Warren and Blumenthal expressed concerns about Meta's stablecoin plans, warning of threats to competition and financial privacy. They highlighted the potential for Meta to consolidate economic power and control the U.S. money supply through stablecoins integrated into its platforms. (Decrypt) (AC-Meta may not have the best intentions, but is it up to the government or the marketplace to decide on usage?)
-CBDCs/World Currencies/Strategic Reserves-
1. Biometric Crypto ID Project World Adds Native Support for USDC Stablecoin: Circle has announced the launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This development allows the nearly two million users who previously held bridged USDC in their World App wallets to upgrade to native USDC issued directly by Circle, ensuring that their holdings are now fully backed by liquid cash and cash-equivalent assets. (BitcoinCom) (AC-Keep an eye on this surveillance, controlling project)
-Institutional Concerns-
1. GameStop files for $1.75 billion offering as bitcoin treasury takes hold: GameStop announced Wednesday it will offer $1.75 billion of 0.0% convertible senior notes, seemingly in a bid to raise money for potential bitcoin purchases. (TheBlock)
2. Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act: Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants. (CryptoSlate)
-Economic Indicators-
1. US Inflation Rate Rises Less than Expected: The annual inflation rate in the US rose for the first time in four months to 2.4% in May 2025 from April’s 2.3%, the lowest since 2021, but came in below expectations of 2.5%. (TradingEconomics)
2. Wall Street Pulls Back on Tentative US-China Deal: US stocks ended lower on Wednesday as investors took a breather from the recent rally, despite encouraging inflation data and a tentative US-China trade agreement. The S&P 500 slipped 0.3% to snap 3-day win streak, the Nasdaq lost 0.5%, and the Dow finished flat. (TradingEconomics)
-Security Concerns-
1. Dozens arrested across Asia in global infostealer malware crackdown: A global law enforcement crackdown on information-stealing malware led to the arrest of 32 suspects and the dismantling of more than 20,000 malicious IP addresses and domains linked to cybercrime. The operation, which ran from January to April, led to the arrest of 18 suspects in Vietnam who were allegedly involved in illegal cyber activities. (TheRecord) (AC-As more stories of globalized LE crackdowns happen, it becomes more obvious that mass surveillance of digital data is becoming entrenched.)
-Technology and Science-
1. Every ChatGPT Question Comes at a Cost: Enough Power for a Lightbulb and a Teaspoon of Water: In a recent blog post, OpenAI CEO Sam Altman revealed that an average ChatGPT query uses the energy equivalent of high-efficiency lightbulb would use in a couple of minutes and 0.000085 gallons of water, which he described as 'roughly one-fifteenth of a teaspoon.' (IBTimes)
-Bitcoin Community-
NSTR
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 71/100 (Down 1 pts)
Analyst Comments (AC): The escalating U.S.-Iran tensions, coupled with Israel’s recent strike on Hodeida, could drive commodity, financial and Bitcoin volatility. Iran’s threats to disrupt Persian Gulf shipping may spike also oil prices, impacting global markets and reinforcing Bitcoin’s appeal as a decentralized asset.
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
