HUGE UPDATE!!
We just established a Meshtastic repeater on top of Big Bald Mountain on the border of North Carolina and Tennessee.
We had a @Starlink Mini in our pack and maintained connectivity the entire time. Big shout out to Elon Musk.
The really amazing thing was the 194 nodes we have connected from Raleigh, to Knoxville, to Charlotte, to Greenville and all the way down to Atlanta!!
The Freedom Tech Revolution is hitting another gear.
#meshtastic
https://video.nostr.build/143998b29a1e84e569f7c3b90bd2630e638af0cc1b7caf675a5473c8682d23ee.mp4
BTC Daily Intelligence Bulletin (DIB)
Block: 866,192
DTG/ICOD: 1200Z 18Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Hamas Leader Killed in Gaza / NK Troops Fight for Russia / Biden Announces Student Debt Relief / Father and Son Indicted for School Shooting / US Treasury Uses AI to Claw Back Payments / Tesla Moves $765M in BTC after 2 Years / BTC ETFs on 7-Day Tear / "Not Satoshi" Wright Heads to Court Against Bitcoin Core
Market Data: Price: 1 BTC= $67,740, 24.99 oz Gold, .16 Median US House
24hr Hi: $68,334 / Lo: $66,647
Vol: $35B (Up 6%)
Mkt Cap: $1.34T (Up 1%)
HashRate: 668 EH/s
Avg Fee Rate: 37 sats/vBtye (Up 120%)
Nodes: 19,094
---Reports---
-International Events-
1. Hamas leader Yahya Sinwar killed in Gaza: Soldiers stumbled across Sinwar during a routine ground patrol in Rafah, Israeli officials said. Drone footage released by the Israeli military showed what seem to be Sinwar’s final moments. Israeli Prime Minister Benjamin Netanyahu said the death of Hamas leader Yahya Sinwar marks “the beginning of the day after” for the militant group. He vowed that Israel would keep fighting in Gaza until all hostages are returned home. (CNN)
2. N Korea to send troops to fight with Russia: North Korea has started sending troops to fight with Russia in Ukraine, South Korea's spy agency has said as Seoul warned of a "grave security threat". The allegation comes a day after Ukrainian President Volodymyr Zelensky said he believed 10,000 North Korean soldiers could join the war, based on intelligence information. According to the spy agency, 1,500 troops have already arrived in Russia - with anonymous sources telling South Korean media the final figure could be closer to 12,000. (BBC)
-US Events-
1. Biden-Harris administration announces $4.5bn in additional student debt relief: The Biden-Harris administration announced today an additional $4.5bn in student debt relief for over 60,000 public service workers. The latest round of relief has brought total student loan cancellation to over $175bn for nearly 5 million people since Biden took office in 2021, roughly 11% of all outstanding federal student loan debt, including 1 million public service workers holding $74bn in federal student debt. (TheGuardian)
2. Grand jury indicts Colt and Colin Gray for Apalachee High School mass shooting: A Barrow County grand jury has indicted Colt Gray, 14, and his father, Colin Gray, in connection with last month’s mass shooting at Apalachee High School. Colt’s father, Colin Gray, faces 29 charges, including second-degree murder, second-degree cruelty to children, involuntary manslaughter, and reckless conduct. Prosecutors allege that he saw warning signs of his son’s behavior but took no action and even purchased the firearm used in the shooting as a Christmas gift. (Fox5)
-Regulatory and Legal-
1. The FBI arrested an Alabama man for allegedly helping hack the SEC’s X account: A 25-year-old Alabama man has been arrested by the FBI for his alleged role in the takeover of the Securities and Exchange Commission's X account earlier this year. The hack resulted in a rogue tweet that falsely claimed bitcoin ETFs had been approved by the regulator, which temporarily juiced bitcoin prices. The FBI has identified Eric Council Jr. as one of the people allegedly behind the exploit. Council was charged with conspiracy to commit aggravated identity theft and access device fraud, according to the Justice Department. (Engadget)
2. US Treasury Taps Machine Learning AI To Recover $4 Billion In Fraud: This year's recovery of more than $4 billion is a threefold increase over the $652.7 million reported in fiscal 2023. The agency recovered $2.5 billion through identifying and prioritizing high-risk transactions and recovered $1 billion via expediting the identification of Treasury check fraud with machine learning AI. Treasury Department securely disburses approximately 1.4 billion payments valued at over $6.9 trillion dollars to more than 100 million people annually. With a wide range of payments, such as Social Security and Medicaid benefits, federal workers' paychecks, tax refunds, the U.S. Treasury is a prime target for fraudsters. (IBTimes) (AC-Its amazing that 1 in 3 Americans receive some form of payment from the US Treasury.)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. Tesla moves $765 million in Bitcoin to unknown wallets, putting Musk’s crypto plans in the spotlight: the company has moved approximately $765 million worth of Bitcoin to unknown wallets. It’s unclear whether the EV maker, the fourth-biggest holder of Bitcoin among U.S public companies has plans to sell. (YahooFinance)
2. Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July: In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply. On a seven-day basis, bitcoin ETPs have seen 25,675 BTC ($1.74 billion) in net inflows, the biggest since July. (CoinDesk)
-Economic Indicators-
1. US Stocks Rise Boosted By Economic Data, Chip Stocks: Stocks in the US were higher on Thursday, following strong economic data. The S&P 500 added 0.5%, the Nasdaq rose 0.7% and the Dow Jones increased about 140 points after closing at a record level in the previous session. Retail sales rose more than expected last month, continuing to point to a robust consumer sector in the US. (TradingEconomics)
-Security Incidents and Concerns-
1. Historic bitcoin theft tied to Connecticut kidnapping, luxury cars, $500K bar bills: Two young men accused of swindling a Washington, D.C., resident out of $230 million in bitcoin went on a spending spree, buying exotic cars and a $2 million watch and renting mansions, prosecutors said. The Aug. 18 cyber heist swindled a Washington, D.C., resident out of $230 million in cryptocurrency. To date, at least $100 million in bitcoin stolen from the victim remains unaccounted for, prosecutors said in a recent court filing in District of Columbia federal court. (CNBC)
-Technology and Science-
NSTR
-Bitcoin Community-
1. Craig Wright (Who Is Not Satoshi) Launches Bitcoin Core Legal Battle: Craig Wright, discredited in the UK High Court’s ruling against his claim to be Satoshi Nakamoto, has launched another legal action. Once again, he is targeting the Bitcoin Core developers. Wright claims that the Bitcoin Core developers have misrepresented BTC as the original bitcoin, while he insists that Bitcoin SV, also known as BSV, is the true version of bitcoin. (Forbes)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 2 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
When we arrived in western North Carolina there were ~2 meshtastic radios. Thanks to the efforts of multiple Bitcoin Veterans there are no less than 61 nodes some of which are airborne.
This is a huge achievement in decentralized emergency communications. ✊
nostr:note1t4ssppa0u0zynumpxqfpa0fm82yn0nkml2830z64mwgw43fmz26sj6e2a3
OPN Gabriel Update:
nostr:npub1zx5cqhywhwxwdx5atdp6tku5k0vahzhy8uny7rwfj47477uvcvyqzcwmqm gave a great breakdown on Mario’s Spaces of what Bitcoin Veterans and the Christian Rangers have been doing for Helene relief efforts
https://cdn.satellite.earth/177c0acbfa18d60db0dd63a8ad3122f58948c38d8e278c4a1444a559e9fb4a08.mp4
BTC Daily Intelligence Bulletin (DIB)
Block: 866,046
DTG/ICOD: 1200Z 17Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US Bombs Houthi Targets / North Koreans Soldiers in Ukraine / Mexico Violence Rages / US Ties Arms to Israel to Gaza Aid / VP Harris Grilled on Fox / Trump PAC Takes in Crypto / $425M More To Ukraine From Biden / Warren Says Opponent Likes Crypto / Bitcoin Adoption Up, So Italy Ups Tax Rates For It / BRCIS Continue Financial Way Forward / Cash is King in Disaster Areas / Trumps Liberty Financial Flops / It is Common for Countries to Throttle Internet During Elections / El Salvador BTC Adoption Still Low
Market Data: Price: 1 BTC= $66,859, 24.91 oz Gold, .15 Median US House
24hr Hi: $68,266 / Lo: $66,795
Vol: $34B (Down 36%)
Mkt Cap: $1.32T (Down 2%)
HashRate: 671 EH/s
Avg Fee Rate: 16 sats/vBtye (Down 72%)
Nodes: 19,101
---Reports---
-International Events-
1. US stealth bombers strike underground Houthi weapons sites in Yemen: The US said it carried out strikes on Wednesday against five underground weapons storage facilities in Houthi-controlled areas of Yemen, in a strike that used B-2 stealth bombers against the Iran-aligned group for the first time. (Reuters)
2. North Korean Troops Deserting Ukraine Frontline Days After Arrival: Some 18 North Korean soldiers are believed to have deserted the Russian frontline, with Kremlin fighters reportedly searching for them. The troops were deployed in Russia's Kursk and Bryansk oblasts, about four miles from the border with Ukraine, when they deserted, the public broadcasting company of Ukraine, Suspilne, reported. Intelligence officials said the Russian military is searching for the North Korean soldiers, while commanders are trying to conceal the desertion from their higher-ups. (Newsweek)
3. In the heartland of Mexico’s Sinaloa cartel, the old ways have changed and violence rages: Cartel gunmen stop youths on the street or in their cars and demand their phones. If they find a contact who’s a member of a rival faction, a chat with a wrong word or a photo with the wrong person, the phone owner is dead. Then, they’ll go after everyone on that person’s contact list, forming a potential chain of kidnapping, torture and death. That has left residents of Culiacan, the capital of Sinaloa state, afraid to even leave home at night. Often, the first a driver knows is when a passing car tosses out a spray of bent nails to puncture his tires. Vehicles pull up front and rear to cut him off. The driver is bundled into another car. All that is left for neighbors to find is a car with burst tires, the doors open, the engine running, in the middle of the street. (AP)
4. Biden Administration Issues Warning to Israel on Gaza Aid: In a letter to senior Israeli officials signed by Secretary of State Antony Blinken and Defense Secretary Lloyd Austin, the U.S. blamed Israel for a drastic drop in humanitarian aid into Gaza that contributed to starvation and widespread suffering, particularly in the enclave’s north where Israel launched a renewed ground operation nearly two weeks ago. The top American officials gave Israel 30 days to “reverse the downward humanitarian trajectory” or else it “may have implications” for future weapons transfers and funding under U.S. law. (WSJ)
-US Events-
1. Harris grilled on Fox News on immigration, Biden's fitness for office: Harris and Baier frequently talked over each other and Harris grew visibly frustrated, but she delivered her message for the Nov. 5 election to a conservative audience that might not often hear it. Within minutes of the interview's end, the Trump campaign released a statement calling it a "train wreck." “We feel like we definitely achieved what we set out to achieve," said Brian Fallon, a Harris spokesperson. (Reuters)
2. Trump PAC has raised about $7.5 million in crypto donations since early June: Contributors to the Trump 47 joint fundraising committee donated bitcoin, ether and XRP, as well as the U.S. dollar-pegged stablecoins tether and USDC, to the GOP presidential nominee’s campaign, according to a Federal Election Commission filing submitted on Tuesday. (CNBC)
3. White House approves $425 million in new Ukraine aid: The White House on Wednesday announced its latest package of military support for Ukraine, including $425 million worth of air defense, air-to-ground missiles, armored vehicles and other munitions. (DefenseNews)
-Regulatory and Legal-
1. Warren Says Political Rival Deaton Will 'Fight for Crypto' if Elected to Replace Her in the Senate: The Massachusetts senator, a longtime advocate for tighter regulation on digital assets, claimed Deaton prioritized crypto interests over the needs of working-class Americans. “One candidate standing here gets 90% of their campaign funding from one industry—the crypto industry. One candidate has openly admitted that 80% of his personal worth is tied to crypto,” Warren said during the debate. “If John Deaton goes to Washington, his crypto buddies will expect a return on their investment,” the senator added. "He’s going to be there to fight for crypto." (Decrypt)
2. Italian Government Raises Crypto Tax Amid EU Regulatory Changes: The move coincides with the European Union’s preparation to implement its Markets in Crypto-Assets Regulation (MiCA), which aims to create a unified regulatory framework for cryptocurrencies across the EU. Deputy Finance Minister Maurizio Leo emphasized the need for the tax increase during a conference call, citing the growing adoption of bitcoin as a key factor. “The phenomenon is spreading,” Leo stated, highlighting the government’s recognition of cryptocurrency’s increasing prominence in the financial landscape. (Bloomberg)
-Central Bank Digital Currencies/World Currencies-
1. Russia Mulls Commodity Trading Centers to Bolster BRICS Economic Sovereignty: Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which will allow Russia and its partners to bypass US sanctions and maintain economic sovereignty. This move is part of Russia’s broader efforts to develop alternative payment methods and decrease its dependence on the US financial system. (BitcoinCom)
2. Natural disasters wreck FinTech infrastructure, proving cash is still king: Hurricanes and other natural disasters remind us that our ambitious human efforts to build financial technologies and new forms of digital money can easily be rendered futile. Paying for Uber rides with a contactless card, trading Bitcoin, and using Venmo and Cash App to make purchases can often be a mechanical, effortless exercise. In a disaster zone, however, all of this is vanity. Surviving natural disasters requires citizens to spend money on food, water, and other basic necessities — and doing that without cash on hand is an unexpected and impossible dilemma. (CoinTelegraph)
-Institutional Concerns-
1. Trump's Crypto Platform Falters On First Day Of Sales: Some 20 billion digital tokens, priced at 1.5 cents each, were offered by the company -- a total value of $300 million -- but just three percent had been purchased by Tuesday evening. The tokens can be used as cryptocurrencies and give buyers a vote on the platform's governance. (IBTimes)
-Economic Indicators-
1. US Mortgage Rates at 2-Month High: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) soared to 6.52% in the week ended October 11th 2024, the highest in about two months, compared to 6.36% in the previous week. (TradingEconomics)
2. US 10-Year Treasury Yield Muted at 4%: The yield on the 10-year US Treasury note held around 4% on Wednesday after sliding in the previous session as investors continued to assess the outlook for Federal Reserve monetary policy. (TradingEconomics)
-Security Incidents and Concerns-
1. More than two dozen countries have used internet outages to sway elections: Forty-three governments worldwide have attacked or killed citizens for their online speech and 25 have cut off internet access during election periods, metrics which contributed to an overall decline in internet freedoms in 2024, a new report says. In at least 56 countries, internet users were arrested for their political, religious and social views, according to the report published Wednesday by Freedom House, a nonprofit promoting democratic values.Election-related censorship and disinformation is also a problem, according to the report, which found that at least 25 of 41 countries holding elections blocked internet and social media access or cut off websites allowing political, social and religious content. (RecordedFuture)
-Technology and Science-
NSTR
-Bitcoin Community-
1. Low Use of Bitcoin in El Salvador Despite Being Legal: A recent survey by Francisco Gavidia University in San Salvador revealed that only 7.5% of Salvadorans use Bitcoin for transactions, despite it being legal tender. President Bukele's push for Bitcoin adoption has faced criticism from U.S. politicians and the International Monetary Fund. (Decrypt)
2. Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin: According to the company, the credit facility is backed by a portion of its Bitcoin holdings and will be used to seize strategic opportunities and support general corporate initiatives. According to data from Bitcoin Treasuries, the company is the second-largest public holder of Bitcoin globally, with 26,842 BTC valued at approximately $1.8 billion. (CryptoSlate)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 71/100 (Down 2 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
DEWS are powerless against Bitcoin Veterans.
A big thank you to the Bitcoin Community, nostr:npub1w746pvt6wcmuqwfadcpemqkthg9seucherw9z3elmzgnxl3n2r6st0u642 & nostr:npub15cpx3ras8rerwlsz43wncgpd85lrxvy4rp5p0zsp2ytgaywqhues8y6nda
This community is unstoppable.
Update: Burnsville, NC and surrounding areas
Dropped off a generator to a man who hasn’t seen anyone since this all started. His only contact with the outside was via the 2m band on HAM radio
He broke down in tears of joy and gave us all hugs. Very powerful!
We also dropped off 10 generators, power strips, extension cords and cold weather gear at a collection point for Plain Compassion Crisis Response
They’re doing great work to ensure the people who need supplies get them
https://video.nostr.build/4387e9cc3c58a5b106e6498e7d6e58182933677c5c8a0c1a28c57276abe75809.mp4
SITREP: Bitcoin's Role in a Decentralized Future with Lisa Hough.
Thanks to everyone in the community that’s donated.
We were met by this amazing man with tears his eyes. We restored his power and he’s now up on meshtastic too.
BTC Daily Intelligence Bulletin (DIB)
Block: 865,750
DTG/ICOD: 1200Z 15Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: North Korea Blows up Road to South / UN Worried for Peacekeepers in Lebanon / North Korean Soldiers on Ukraine Front / Man Arrested in NC for Threatening FEMA / FL Getting Back to Normal / UK CBDC May Threaten Privacy / Metaplanet Buys More BTC, Sells Options / China Increases Trade with BRICS / Wayback Machine Back Online / Google and Microsoft Go Nuclear / Lost BTC Conflict Gets Trashy
Market Data: Price: 1 BTC= $65,814, 24.76 oz Gold, .15 Median US House
24hr Hi: $66,482 / Lo: $64,632
Vol: $38B (Up 25%)
Mkt Cap: $1.3T (Up 1%)
HashRate: 687 EH/s
Avg Fee Rate: 4 sats/vBtye (Down 83%)
Nodes: 18,752
---Reports---
-International Events-
1. North Korea blows up parts of inter-Korean roads in a symbolic display of anger: n a symbolic display of anger, North Korea on Tuesday blew up the northern section of unused roads that once linked it with the South, with the rivals exchanging threats days after the North claimed that its rival flew drones over its capital Pyongyang. (AP)
2. UN Security Council voices ‘strong concern’ for UN peacekeepers after Israeli attacks: The U.N. Security Council expressed “strong concern” Monday as Israel has fired on and wounded U.N. peacekeepers in southern Lebanon during intensified fighting, reiterating its support for their role in supporting security in the region. (AP)
3. North Korea sending citizens to help Russian military fight Ukraine, Zelensky says: In his daily video message on Sunday, the Ukrainian president said: “We see an increasing alliance between Russia and regimes like North Korea. It is no longer just about transferring weapons. It is actually about transferring people from North Korea to the occupying military forces.” A source in Ukrainian intelligence said that a small number of North Koreans have been working with the Russian military, mostly to help with engineering and to exchange information on the use of North Korean ammunition. Some of them were recently killed in eastern Ukraine, the source said. (CNN)
-US Events-
1. Man arrested for allegedly threatening to harm FEMA workers in North Carolina: The sheriff's office in Rutherford County, NC, announced Monday that they'd arrested a man and charged him with allegedly threatening to harm FEMA workers in the area. William Parsons, 44, of Bostic, NC, was charged with "going armed to the terror of the public," "The initial report stated there was a truckload of militia that was involved. However, after further investigation, it was determined Parsons acted alone and there were no truckloads of militia going to Lake Lure," the statement said. According to SITE Intelligence, which tracks the online activity of extremist organizations, Parsons has promoted the militia group the Three Percenters online. (ABC)
2. Florida returning to something like normal after Hurricane Milton: Florida counties hard hit by Hurricane Milton are returning to a semblance of normalcy, with power restored to most areas on Monday, gas stations reopening and students preparing to return to school. Still, some neighborhoods remained without power, with many severely damaged homes and businesses, their streets flooded and filled with debris. (AP)
-Regulatory and Legal-
NSTR
-Central Bank Digital Currencies/World Currencies-
1. U.K. Faces Privacy Challenges Ahead Of 2025 CBDC Pilot: As the UK prepares for a Central Bank Digital Currency pilot in 2025, critics warn that it could introduce unprecedented levels of state surveillance. While CBDCs promise to modernize the financial system, experts from organizations like Big Brother Watch argue that the government may not prioritize privacy. (Forbes)
-Institutional Concerns-
1. Metaplanet Continues Aggressively Buying Bitcoin: Metaplanet Inc. has increased its Bitcoin holdings to $56 million by adding $6.8 million worth of Bitcoin. The company's strategy involves buying Bitcoin and selling put options to generate additional yield. (Decrypt)
2. Bitcoin Spot ETFs Attracted Over $556 Million in Inflows, Led by Fidelity and Bitwise: Bitcoin spot ETFs received substantial inflows on Monday, totaling over $556 million, the highest since early June. Fidelity's FBTC led with $239 million, while Bitwise's BITB added $100 million, reflecting growing institutional interest in the crypto market. (Decrypt)
-Economic Indicators-
1. China's Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets: China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its membership earlier this year. (BitcoinCom)
2. US Core PPI Rises as Expected: Core producer prices in the United States, which exclude food and energy costs, rose by 0.2% from the previous month in September of 2024, slowing from the 0.3% increase in August and in line with market expectations. (TradingEconomics)
-Security Incidents and Concerns-
1. The Internet Archive, Wayback Machine Are Back Online After Cyberattack,But Is Read-Only: Immense DDoS (distributed denial of service) attacks plagued The Internet Archive's operations last week, but the platform, including its renowned 'Wayback Machine,' is now back online after crucial days. However, it was revealed that its open-source platforms are available in a read-only state, and the digital library is still assessing its systems for now which could be taken down at any moment. (TechTimes) (AP-Who might was to erase history?)
-Technology and Science-
1. Google Signs Nuclear Power Deal With Startup Kairos: Google on Monday signed a deal to get electricity from small nuclear reactors to help power artificial intelligence. The agreement to buy energy from reactors built by Kairos Power came just weeks after word that Three Mile Island, the site of America's worst nuclear accident, will restart operations to provide energy to Microsoft. (IBTimes)
-Bitcoin Community-
1. City Council Faces a $646 Million Lawsuit Over Refusal to Retrieve 8,000 Buried Bitcoin: James Howells, an early Bitcoin miner, is suing Newport City Council for $646.4 million to excavate 8,000 BTC buried in a landfill. Despite offering 10% of the Bitcoins' value, the council has rejected previous requests for excavation. (TheDefiant)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 65/100 (Up 22 pts)
Analyst Comments (AC): NSTR
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
"Veterans who hate the state are the best people in the world."
We don't disagree nostr:nprofile1qqstpw8mm9tc4s370qke0get0va89ndqwcrkzdvm6etxr4p8226qjzsprfmhxue69uhhyetvv9ujuam9d3kx7unyv4ezumn9wshs47nwyj
https://video.nostr.build/045657e82669183470fab34f873640d6bc97a98679648306d2ed4049673474cd.mp4
SITREP: Microstrategy Short Squeeze with Greg Foss
BTC Daily Intelligence Bulletin (DIB)
Block: 865,596
DTG/ICOD: 1200Z 14Oct24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Chinese Exercise Encircles Tawain (Again) / Hezbollah UAV Attack on IDF Base Kills 4, Wounds 60+ / Man Arrested Near Trump with Gun, Fake IDs / Utah Lawmakers Seek to Protect Crypto / MicroStrategy Wants Bitcoin Bank / Costco Gold Flies off Shelves / Trump Finally Gets Encrypted Comms / Musk Has Big Week, Robots and Space Launches / NC Relief Efforts Continue
Market Data: Price: 1 BTC= $64,875, 24.47 oz Gold, .15 Median US House
24hr Hi: $65,059 / Lo: $62,035
Vol: $31B (Up 92%)
Mkt Cap: $1.28T (Up 4%)
HashRate: 547 EH/s
Avg Fee Rate: 26 sats/vBtye (Up 350%)
Nodes: 18,969
---Reports---
-International Events-
1. Taiwan condemns Chinese military drills around island as ‘unreasonable provocation’: Beijing deployed warships and fighter jets in what it described as a “stern warning” to “separatist acts of Taiwan independence forces.” The Chinese military’s Eastern Theater Command said Monday that the drills, involving joint operations of the army, navy, air force and rocket force, are being conducted in the Taiwan Strait, as well as encircling Taiwan. Analysts said Monday’s drills were part of general strategy of both keeping Taiwan under pressure and normalizing regular war games. (CNN)
2. 4 Israeli soldiers killed, more than 60 people injured by Hezbollah drone: The Israel Defense Forces (IDF) said an unmanned aerial vehicle, or UAV, launched by Hezbollah hit an army base adjacent to Binyamina, a town north of Tel Aviv that lies some 40 miles from the Lebanese border. The four killed soldiers were all 19 years old and in infantry training at the base, the IDF said, adding that eight other soldiers were severely injured. Israeli air defence systems tend to be very reliable, but on Sunday, there were no reports of alerts in the Binyamina area at the time of the attack, raising questions of how the drone was able to penetrate so deep into the Israeli territory without being spotted. (CNN)
-US Events-
1. Man arrested near Trump rally in California faces gun charges: A man arrested at a security checkpoint near Republican presidential candidate Donald Trump's California rally on Saturday faces gun charges after he was found in possession of loaded firearms, multiple passports and a fake license plate, the local sheriff said on Sunday. Jail records show Las Vegas resident Vem Miller was released on $5,000 bail on Saturday after being charged with possession of a loaded firearm and a high-capacity magazine, both misdemeanors. (Reuters)
-Regulatory and Legal-
1. Utah Republicans push back against government regulation of crypto: Utah’s Republican senator Mike Lee outlined three outcomes that could imperil the nascent cryptocurrency industry: (1) the creation of a central bank digital currency, (2) patchwork regulation by states, and (3) heavy-handed federal regulation. "Instead of coming after you, we should be your protectors," Republican congressman John Curtis said about the government’s role. (TheStreet)
-Central Bank Digital Currencies/World Currencies-
NSTR
-Institutional Concerns-
1. MicroStrategy Announces Bitcoin Bank Plans as Stock Reaches New High: The concept of a Bitcoin bank, as explained by Saylor, involves building financial entities around Bitcoin, similar to other asset classes. The Bernstein report stated, “Michael believes MSTR is in the core business of creating Bitcoin capital market instruments across equity, convertibles, fixed income, and preferred shares etc.” (Blockonomi)
-Economic Indicators-
1. US 10-Year Yield Hovers at 2-½-Month High: The yield on the 10-year US Treasury note held around 4.1%, hovering at its highest levels since late July on bets that the Federal Reserve will not deliver further supersized rate cuts at its remaining meetings this year. Those views developed as the latest monthly jobs report and consumer inflation data came in stronger-than-expected, although higher weekly jobless claims and slowing producer inflation provided a counter argument. (TradingEconomics)
2. Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion: Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. (BitcoinCom)
-Security Incidents and Concerns-
1. Trump Campaign Enhances Security With Encrypted Devices Amid Iranian Cyber Threats: The Trump campaign has just acquired a series of secure products from Green Hills Software, a Santa Barbara, California-based company that specializes particularly in security. The organization's CEO confirmed that the campaign purchased a package that includes a customized Android phone with a proprietary operating system designed to improve security. Functions are limited to basic calling and texting but enforce very tight security measures. (techtimes)
-Technology and Science-
1. In an engineering feat, mechanical SpaceX arms catch Starship rocket booster back at the launch pad: At the flight director’s command, the first-stage booster flew back to the launch pad where it had blasted off seven minutes earlier. The launch tower’s monstrous metal arms, dubbed chopsticks, caught the descending 232-foot (71-meter) stainless steel booster and gripped it tightly, dangling it well above the ground. (AP)
2. Tesla unveils Optimus robot: 'Can do anything you think of,' claims Musk: At last night’s We, Robot event, the much-awaited Tesla Cybercab took centre stage. However, Elon Musk also used the occasion to showcase Tesla’s humanoid robot, Optimus, which he boldly claims can now “do anything.” He mentioned that the robot can perform tasks like walking your dog, babysitting, mowing the lawn, and even serving drinks. He predicted that the long-term cost would be between $20,000 and $30,000. Musk confidently asserted, "I believe this will be the most significant product ever created." (BizStandard)
-Bitcoin Community-
1. Bitcoin Mining Profitability Dipped in September as North American Companies Increased BTC Share: Jefferies reported that Bitcoin mining profitability decreased in September due to a stable BTC price and a 1.7% increase in network hashrate. North American mining companies mined more BTC in September, with Marathon Digital leading in tokens mined and installed hashrate. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 48/100 (Up 4 pts)
Analyst Comments (AC): The efforts by Bitcoin Veterans in support of NC/TN Helene relief efforts kept us from producing the DIB last week. The situation on the ground continues to improve through the efforts of numerous volunteers, organizations, churches, local and government groups. The devastation in Appalachia is very significant and the response continues to draw both unifying and contentious support. Though misinformation is abundant, so is the truth that Americans are putting on their work gloves to help those in need after this tragedy. The people of Appalachia are resilient and tough and will come through this even if the land needs decades to recover. Please continue to support efforts responsibly however you are led to do so.
Follow us on NOSTR: npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r
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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report
Big thanks to nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy and nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx for talking about our efforts with OPN GABRIEL, our relief and recovery operations helping those effected by Hurricane Helene
We have been able to raise over $110k because of platforms like this spreading our message
Fitting that naming this operation after the archangel of communication, God’s messenger of his Word, that what started as establishing communications networks via Meshtastic and Starlink has grown
Because of your generous support we are able to help in an ever growing mission set
Thank you so much! This effort won’t be over anytime soon but we’re grateful to be able to use our skills to help our fellow man.
https://cdn.satellite.earth/d7ad8de51e3eeefad3fc332ff6ee0f180a91e2323c33363ef1ee090575055ab3.mov
The best drop off location is
Big Creek Free Will Baptist Church
State Rd 1418
Burnsville NC 28174
SITREP: Bitcoin Mining Update with Bob Burnett.
UPDATE 09 OCT
The power of the Bitcoin community is UNSTOPPABLE.
Together WE are conducting a decentralized, highly effective operation that is only made possible by the support of every one of us.
This will be a long road and we cannot do this without you.
Please continue to spread the word:
pay.zaprite.com/pl_Mibjv4lkEs
We have now established Meshtastic on over three different mountain tops around the Spruce Hill, North Carolina area.
We are also running coordination with the amazing Christian Rangers. These guys define the word humble professional.
