DIB 11 MAR 2025

BTC Daily Intelligence Bulletin (DIB)
Block: 887,316
DTG/ICOD: 1200Z 11Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Former Philippine President Arrested / Largest Ukraine Drone Strike Hits Moscow / China Slams Dalai Lama / Rep Massie Under Trump Fire / Infowars Reporter Murdered / DNI Gabbard Revokes Clearances / Coinbase Heads to India / US Senate Committee to Vote on Stablecoins This Week / SEC May Ease Crypto Firm Rules / Texas Intros Another Bitcoin Bill / Fold Enters Top 10 Firms With BTC / Stocks, Bitcoin Routed Globally on Recession Fears / X, Tesla Under Attack

Market Data: Price: 1 BTC= $81,557, 27.99 oz Gold, .19 Median US House
24hr Hi: $83,324 / Lo: $76,624
Vol: $59B (Up 32%)
Mkt Cap: $1.61T (Down 2%)
HashRate: 823 EH/s
Avg Fee Rate: 1 sats/vBtye (Down 87%)

—Reports—
-International Events-
1. Former Philippine President Rodrigo Duterte arrested over ICC warrant for crimes against humanity: Duterte has been investigated by the ICC over his brutal anti-drugs crackdown during his time in office that killed more than 6,000 people based on police data, though independent monitors believe the number of extrajudicial killings could be much higher. (CNN)

2. Massive Ukrainian Drone Strike Targets Moscow: In what has been reported as the largest drone assault in the ongoing conflict, Ukraine launched over 330 UAVs targeting various regions across Russia, with Moscow being significantly impacted. The attacks have resulted in casualties, property damage, and disruptions such as the temporary closure of Moscow’s Domodedovo and Zhukovsky airports. Russian defenses claim to have downed many of these drones. This military action coincides with Ukraine’s planned proposal for a partial ceasefire during talks with U.S. officials in Saudi Arabia. (AP, X, CNN)

3. China slams Dalai Lama, says Beijing will choose Buddhist leader’s successor: China’s foreign ministry has criticized the Dalai Lama after he claimed in his new book ‘Voice for the Voiceless’ that the next spiritual leader of Tibetan Buddhism would be born outside China, reported news agency Reuters. Addressing the leader’s claims, it said, “He has no right to represent the people of Tibet. Reincarnations of the living Buddha, including the Dalai Lama, should abide by the regulations of the country.” (HindustanTimes) (AC-For those who forget was real repression looks like.)

-US Events-
1. Massie Defies Trump, Stands Firm Against GOP Spending Bill: Representative Thomas Massie has publicly declared his opposition to the Continuing Resolution (CR) bill aimed at preventing a government shutdown. The CR would extend funding at current levels through September 2025. Despite pressure from former President Donald Trump, who has called for a primary challenge against Massie, the congressman remains steadfast, highlighting his consistent voting record against such measures citing concerns over spending and policy continuity. (X, Various)

2. InfoWars Reporter “Brutally Murdered” Outside Austin Residence: InfoWars reporter Jamie White has died in what host Alex Jones says was a ‘brutal murder’ which occurred around midnight outside of his Austin apartment. According to APD Public Information Officer Leah Ratliff, “This is pretty early on in the investigation, and the homicide unit will be releasing more information as they’re able.” (ZeroHedge)

3. DNI Tulsi Gabbard Revokes Security Clearances of Biden Officials and Signers of Hunter Biden Laptop Letter: She posted: Per @POTUS directive, I have revoked security clearances and barred access to classified information for Antony Blinken, Jake Sullivan, Lisa Monaco, Mark Zaid, Norman Eisen, Letitia James, Alvin Bragg, and Andrew Weissman, along with the 51 signers of the Hunter Biden “disinformation” letter. The President’s Daily Brief is no longer being provided to former President Biden. (Breitbart)

-Regulatory and Legal-
1. Coinbase Secures FIU Registration in India: Crypto exchange Coinbase has secured registration with the Financial Intelligence Unit (FIU) in India, paving the way for the exchange to bring its trading services back to the Indian market. The Nasdaq-listed company faced regulatory pressure in the past, leading to suspensions and issues with operations in the country. (Decrypt)

2. Senate Banking Committee Vote on GENIUS Act Looms This Week: The Senate Banking Committee will vote on the GENIUS Act this week. The act, introduced by Senators Bill Hagerty and Tim Scott, aims to regulate stablecoins in the U.S. by addressing reserve requirements, audits, transparency, and licensing for issuers. The bill also focuses on foreign-issued stablecoins, potentially impacting issuers like Tether. (Decrypt)

3. SEC May Modify Proposal to Exclude Crypto Entities From Being Classified as Exchanges: The SEC is considering modifying a regulatory proposal to exclude entities facilitating crypto transactions from being classified as exchanges. Acting SEC Chair Mark Uyeda criticized the previous approach under Gary Gensler, stating it was a mistake to link Treasury market regulation with crypto market oversight. (Decrypt)

-CBDCs/World Currencies/Strategic Reserves-
1. Texas doubles down on crypto with new $250 million Bitcoin reserve bill: The proposed legislation, HB 4258, seeks to allocate up to $250 million from the state’s economic stabilization fund for Bitcoin and other digital assets. This marks the second attempt by the state to establish a digital asset reserve, following the earlier SB 778, which recently secured bipartisan support in the Senate. Unlike the previous proposal, HB 4258 explicitly caps investment and extends participation to municipalities and counties, allowing them to allocate up to $10 million to digital assets. (CryptoSlate)

-Institutional Concerns-
1. Fold Adds 475 Bitcoin, Joins Top 10 U.S. Public Companies by BTC Holdings: Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves.

-Economic Indicators-
1. Stock Markets Plunge On US Recession Fears: Global markets slumped Monday, with Wall Street logging sharp losses over fears that US President Donald Trump’s trade policies could tip the world’s biggest economy into a recession. In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a US recession. The London, Paris and Frankfurt stock markets all closed lower. (IBTimes)

2. Treasury Yields Decline Amid Rising Uncertainty: The yield on the US 10-year Treasury note fell about 7bps to 4.23% on Monday, approaching December lows seen last week, as concerns over the impact of Trump’s trade policies on the US economy intensified. (TradingEconomics)

-Security Incidents and Concerns-
1. Musk blames X outages on alleged ‘massive’ cyberattack: The global outages impacting the social media platform X are being caused by a cyberattack, CEO Elon Musk said Monday after the app and website were down intermittently throughout the day. “There was (still is) a massive cyberattack against 𝕏. We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved. Tracing,” he wrote. (TheRecord)

-Technology and Science-
NSTR

-Bitcoin Community-
1. CleanSpark Becomes Second Bitcoin Miner in S&P SmallCap 600 Index: CleanSpark (CLSK) will be added to the S&P SmallCap 600 index on March 24, joining Marathon Digital as the second crypto miner in the index. With a market capitalization of $2.24 billion, CleanSpark aims to attract institutional investors through this inclusion. (Decrypt)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 24/100 (Up 4 pts)

Analyst Comments (AC): NSTR

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