DIB 31 JUL 2024

BTC Daily Intelligence Bulletin (DIB)
Block: 854,799
DTG/ICOD: 1200Z 31Jul24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: IDF Kills Hamas Top Leader, Maybe Top Hezbollah Leader /

Market Data: Price: 1 BTC= $66,090, 27.86 oz Gold, .15 Median US House
24hr Hi: $66,881 / Lo: $65,323
Vol: $28B (Down 28%)
Mkt Cap: $1.3T (Down 1%)
HashRate: 616 EH/s
Avg Fee Rate: 5 sats/vBtye (Up 27%)
Nodes: 19,387

—Reports—
-International Events-
1. Top Hamas leader Ismail Haniyeh is killed in Iran by an alleged Israeli strike, threatening escalation: Hamas leader Ismail Haniyeh was killed by a predawn airstrike in the Iranian capital Wednesday, Iran and the militant group said, blaming Israel for a shock assassination that risks escalating the conflict even as the U.S. and other nations were scrambling to prevent an all-out regional war. Iran’s supreme leader vowed revenge against Israel. (AP)

2. Hezbollah says top commander was in building targeted by Israeli strike, fate unknown: Lebanon’s Hezbollah said early on Wednesday its senior commander Fuad Shukr had been in a building in the southern suburbs of Beirut when it was targeted by an Israeli strike, but the group did not confirm his fate. A senior security source from another country in the region confirmed Shukr had died of his wounds. (AlJazeerah)

3.
-US Events-
1. Biden expected to give address on first night of Democratic National Convention: President Biden is expected to give a primetime address on the first night of the Democratic National Convention next month in Chicago. (CBS)

2. Acting Secret Service director says he’s ‘ashamed’ after the Trump assassination attempt: The Secret Service’s acting director told lawmakers Tuesday that he considered it indefensible that the roof used by the gunman in the attempted assassination of former President Donald Trump was unsecured and said it was regrettable that local law enforcement had not alerted his agency before the shooting that an armed subject had been spotted on a nearby roof. Ronald Rowe Jr. visited the site and “What I saw made me ashamed. As a career law enforcement officer and a 25-year Secret Service veteran, I cannot defend why that roof was not better secured,” he said. (AP)

3. Los Angeles Says It Will Not Join Newsom’s Push to Clear Encampments: Days after Gov. Gavin Newsom put pressure on local governments to dismantle homeless encampments across California, leaders in Los Angeles County showed a united front, unanimously passing a resolution with a clear message: We will continue to take a different approach. More than 75,000 homeless people live in LA County. (NYT)

-Regulatory and Legal-
1. Russian Diplomat: El Salvador Proposes Settling Trade With Crypto: El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may formally apply for membership within one or two years. (BitcoinCom) (AC-It’s only one source, but El Salvador joining BRICS, with it’s experience in Bitcoin strategic management, would provide a boost to the BRICS alliance. BRICS is an opposing monetary and trade union to US leadership.)

-Central Bank Digital Currencies-
NSTR

-Institutional Concerns-
1. Grayscale Bitcoin Mini Trust begins trading on Wednesday morning following SEC approval: The trust, under the ticker symbol “BTC,” is intended to be a “spin-off” of the spot Bitcoin ETF, the Grayscale Bitcoin Trust. The trust, under the ticker symbol “BTC,” is intended to be a “spin-off” of GBTC, with new shares of the mini trust designed to be distributed to GBTC shareholders as GBTC contributes a certain amount of bitcoin to the trust. (TheBlock)

-Economic Indicators-
1. US Job Openings Little Changed in June: The number of job openings was little changed at 8.184 million in June 2024 from an upwardly revised 8.23 million in May, and compared to forecasts of 8 million. (TradingEconomics)

2. US Futures Mixed Ahead of Fed Decision: US stock futures were mixed on Wednesday as investors parsed big tech earnings and prepared for the latest Federal Reserve monetary policy decision. (TradingEconomics)

3. Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases: The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%. (BitcoinCom)

-Security Incidents and Concerns-
NSTR

-Technology and Science-
NSTR

-Bitcoin Community-
NSTR

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 61/100 (Down 6 pts)

Analyst Comments (AC): Internet outages are dragging down speeds in certain areas, resulting in a minimal amount of reporting today.

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Analyst: BV2A
END REPORT
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*NSTR-Nothing Significant To Report