DIB 10 MAR 2025

BTC Daily Intelligence Bulletin (DIB)
Block: 887,157
DTG/ICOD: 1200Z 10Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: Banker Carney Wins Race to Replace Trudeau / Massacres in Syria Draw Condemnation / German Worker Strikes Ground Most Flights / USSS Shoots Suicidal Man Near White House / Small Plane Crashes in PA / ICE Arrests Columbia Student, May Deport / WH Summit Reveals Bitcoin-Crypto Divide / Utah Passes Bitcoin Bill, Not Reserve / HUD Exploring Crypto Payments / Coinbase Possible US SBR Custodian / South Korea Looks at SBR Too / El Salvador Buys More BTC / Bitcoin in Buying Range / Stocks Under Pressure / US Cyber Poised for More Offense / NASA Explores Mars Rocks / Only 4% of World Holds Bitcoin, 14% in US

Market Data: Price: 1 BTC= $83,336, 28.76 oz Gold, .19 Median US House
24hr Hi: $84,665 / Lo: $80,052
Vol: $45B (Up 189%)
Mkt Cap: $1.65T (Down 1%)
HashRate: 805 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 100%)

—Reports—
-International Events-
1. Banker Mark Carney Wins Race to Lead Liberal Party, and Canada: The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election. “America is not Canada. And Canada never, ever will be part of America in any way, shape or form,” Mr. Carney said in his acceptance speech, (NYTimes)

2. White House Condemns ‘Radical Islamist Terrorists’ Currently Attacking Syria’s Alawites & Christians: The Trump administration on Sunday issued a statement of condemnation in response to the ongoing sectarian killings in Syria under the Jolani regime, which has also included foreign fighters going door to door and killing non-Sunni Muslims and in some instances Christians in and around Latakia on the coast. Since Thursday and Friday over 1,000 civilians have been killed – though some regional correspondents say the numbers could be in the multiple thousands. (ZeroHedge)

3. Airport strike to all but freeze German air travel on Monday: More than half a million people are facing travel disruption at German airports on Monday where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers’ pay.
The operator of Frankfurt airport, Germany’s busiest, said no passenger flights would depart from there on Monday, with delays and cancellations also possible on Tuesday. (Reuters)

-US Events-
1. Secret Service shoots armed man in confrontation near White House: The USSS shot an armed man after being alerted about a suicidal individual by local police. He is still hospitalized. (GroundNews)

2. Small plane crashes with 5 aboard in Pennsylvania: The plane had just departed from the airport shortly before it crashed, authorities said during a briefing on Sunday evening, adding that the plane might have skidded about 100 feet after it first made contact with the ground. (ABC)

3. ICE Arrests Radical Pro-Palestinian Activist at Columbia; May Face Deportation: U.S. Immigration and Customs Enforcement (ICE) arrested Mahmoud Khalil, a Palestinian activist who graduated from Columbia University and led radical protests there, on Saturday, a sign of a Trump administration crackdown. (Breitbart)

-Regulatory and Legal-
1. White House Draws Line Between Bitcoin And Digital Assets At Its First Crypto Summit, In EO: From this day on, America will follow the rule that everyone in Bitcoin knows very well — never sell your Bitcoin.” -President Donald Trump, 3/7/25 at inaugural White House Crypto Summit. The President of the United States is now reciting popular Bitcoin maxims as they pertain to America’s bitcoin stack. (BItcoinMag)

2. Utah’s Senate passes Bitcoin bill — but scraps key provision: Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin, run a node and participate in staking, among other things. The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law. (CoinTelegraph)

3. US Department of Housing considers crypto and blockchain usage: The HUD has held meetings to discuss the possibility of using crypto and blockchain in some of its operations, ProPublica reported. Such an experiment could serve as a trial run for broader crypto adoption across the federal government, two officials told the publication. (TheBlock)

-CBDCs/World Currencies/Strategic Reserves-
1. Will Coinbase Be the Custodian of the U.S. Bitcoin Reserve?: Coinbase CEO Brian Armstrong expressed enthusiasm, citing regulatory clarity as a game-changer for the industry and hinting at potential involvement in the U.S. Bitcoin Reserve. (BitcoinSensus)

2. South Korea Considers Adding Bitcoin to Reserves, Develop a Won-Backed Stablecoin: South Korean financial experts and opposition politicians discussed integrating Bitcoin into national reserves and creating a won-backed stablecoin at a recent forum. The event analyzed responses to U.S. plans for a Bitcoin Reserve, with calls for clear policies in South Korea. (Decrypt)

-Institutional Concerns-
1. El Salvador continues accumulating bitcoin and now holds 6,111 BTC despite IMF pressure: The Central American nation acquired an additional 6 BTC on Sunday, boosting its total holdings to 6,111.18 BTC. The country agreed to scale back the public sector’s bitcoin activities in a deal with the IMF for a $1.4 billion loan. (TheBlock)

-Economic Indicators-
1. Bitcoin Dips to $80K Shedding $110B From It’s Market Cap in 24 Hours: Since Friday, BTC’s market valuation has been trimmed by roughly $200 billion, with $110 billion of that reduction occurring within the last 24 hours. (BitcoinCom)

2. US Futures Sharply Lower: US stock futures dropped sharply on Monday, with contracts on the three major indexes falling nearly 1%, extending last week’s losses when the S&P 500 posted its worst weekly performance since September. Concerns over the US growth outlook continue to mount. (TradingEconomics)

-Security Incidents and Concerns-
1. White House cyber director’s office set for more power under Trump: President Donald Trump’s selection of Sean Cairncross to lead the office signals that the administration plans for ONCD to run point on cyber policy across the executive branch during Trump 2.0, they said. Cairncross is widely expected to win Senate confirmation. The choices of Alexei Bulazel, Emily Goldman and JD Work to staff the NSC’s cyber office underscore that the Trump administration intends to ramp up offensive cyber operations, Lewis said. National security adviser Michael Waltz is a proponent of being more aggressive against adversaries in cyberspace. (TheRecord)

-Technology and Science-
1. NASA’s Perseverance Rover Just Smooshed a Rock on Mars and Uncovered Hidden Clues: The resulting SHERLOC spectral scan of these fresh tailings — which include serpentine, a mineral of key astrobiological interest — was a success. (SciTechDaily)

-Bitcoin Community-
1. Only 4% of the world’s population holds Bitcoin in 2025: Only 4% of the global population currently holds Bitcoin, with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while Africa is currently the lowest at only 1.6%. (CoinTelegraph)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 20/100 (Down 14 pts)

Analyst Comments (AC): NSTR

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