DIB 26 NOV 2024

BTC Daily Intelligence Bulletin (DIB)
Block: 872,077
DTG/ICOD: 1200Z 26Nov24
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: NATO Discusses Preemptive Strikes on Russia / Israel-Hezbollah Ceasefire Imminent / British Man Captured in Ukraine / North Korean Soldiers Possibly Killed / WalMart Ends DEI / Biden Proposes USG Covers Weight Loss Drugs / US CBP Holding ASICS From Bitmain / Suriname May Go Hard on Bitcoin Path / Rumble Decides on Bitcoin Treasury / Trump Scares Markets With Tariff Talk / Is Your AppleID Really Suspended? / Google Maps Sends Car Off a Bridge / Tesla Excluded From CA EV Credits

Market Data: Price: 1 BTC= $93,427, 35.11 oz Gold, .22 Median US House
24hr Hi: $97,675 / Lo: $91,463
Vol: $99B (Up 78%)
Mkt Cap: $1.83T (Down 5%)
HashRate: 752 EH/s
Avg Fee Rate: 11 sats/vBtye (Up 92%)
Nodes: 19,484

—Reports—
-International Events-
1. NATO Weighs Preemptive Strikes Amid Russian Threats: NATO, as confirmed by Dutch Admiral Rob Bauer, is discussing the possibility of preemptive strikes against Russian weapon systems if Russia were to initiate an attack. This strategic consideration comes in response to threats from Russian President Vladimir Putin about retaliation for the use of Western-supplied long-range missiles by Ukraine. These discussions reflect NATO’s preparation for potential military confrontations rather than an immediate intent to engage. (X)

2. Ceasefire deal between Israel and Hezbollah looks imminent, officials say: A senior Israeli official and Lebanese Foreign Minister Abdallah Bou Habib appeared optimistic that a deal could be reached, cooling a second front for Israel’s military that is also battling the Palestinian militant group Hamas in Gaza. Israel’s security cabinet is expected to convene later on Tuesday to likely approve a text at a meeting chaired by Prime Minister Benjamin Netanyahu, a senior Israeli official said. (Reuters)

3. British man captured while fighting with Ukraine: In a video circulating online, a man dressed in military clothing identifies himself as James Scott Rhys Anderson, 22, and says he formerly served in the British Army. He says he joined the Ukraine’s International Legion – a military unit made up of foreign volunteers – after losing his job and seeing reports on television about the war. (BBC)

4. Battlefield Intelligence Suggests North Koreans Killed in Ukraine War: “There is specific intelligence that there have been casualties among the North Korean soldiers,” South Korea’s National Intelligence Service said on Monday. No further details have been released. (Newsweek)

-US Events-
1. Walmart Ends DEI As Anti-Woke Crusader Robby Starbuck Sends “Shockwaves Across Corporate America”: He stated that the changes Walmart committed to “will send shockwaves throughout corporate America,” adding that their executives deserve “major credit” for wanting to end corporate wokeness. “Swapping out DEI for “MEI”: Merit, Excellence, and Intelligence … will move America forward”, he said. (ZeroHedge)

2. Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans: The estimate suggests that 3.5 million on Medicare and 4 million on Medicaid could qualify for drug coverage, costing taxpayers up to $35 billion. (GroundNews)

-Regulatory and Legal-
1. US Imposes Import Restrictions on Bitmain ASICs: The U.S. CBP has reportedly been blocking imports of Bitmain made Antminer ASICs. The border agency, which has not provided reasons for the blockade, is believed to be acting on behalf of the Federal Communications Commission (FCC). There is speculation that U.S. authorities have halted shipments of the bitcoin mining equipment due to concerns over computer chips sourced from Sophgo. The chipmaker is accused of supplying AI chips to Huawei in violation of U.S. sanctions. (BitcoinCom)

-Central Bank Digital Currencies/World Currencies-
1. Suriname the next Bitcoin Nation? Crypto inspires Parbhoe to fight corruption: Maya Parbhoe, a presidential candidate for the South American nation of Suriname, has an ambitious vision: To build a Bitcoin nation even more deeply rooted in crypto than Nayib Bukele’s El Salvador. Her top priority is to make Bitcoin legal tender once she takes office. Within the first year, she would gradually replace the Suriname dollar with sats and ensure all salaries are paid in BTC. Her plan for Suriname extends well beyond making Bitcoin legal tender, including dismantling the central bank, cutting taxes, privatizing public services, issuing national Bitcoin bonds and pursuing widespread deregulation. While many politicians have only recently jumped on the crypto bandwagon, Parbhoe has been involved in Bitcoin for the last decade. (CoinTelegraph)

-Institutional Concerns-
1. Rumble Approves $20 Million Bitcoin Treasury Investment Plan: The video-sharing platform Rumble has announced plans to invest up to $20 million of its excess cash reserves in Bitcoin. The company’s board approved this treasury diversification strategy on November 25, 2024, marking another major corporate entry into the cryptocurrency space. (Blockonomi)

-Economic Indicators-
1. Mexican peso and Canadian dollar fall after Trump’s tariff pledge: Mexico’s peso and the Canadian dollar fell against the US dollar on Tuesday as investors were unsettled by president-elect Donald Trump’s pledge to levy tariffs on imports from neighboring trade partners and China. Trump Vowed 25 Percent Tariffs for Canada, Mexico, Ramps Up Promised Levies on China.(FT/EpochTimes)

2. Dollar Jumps as Trump Threatens Higher Tariffs: The dollar index climbed back above 107 on Tuesday as President-elect Donald Trump reinforced his threats to raise tariffs, particularly on China, Mexico, and Canada, driving renewed demand for the greenback. (TradingEconomics)

-Security Incidents and Concerns-
1. New scam says your Apple ID is suspended — watch out for this attack: This email, like many other phishing attempts, uses look-a-like formatting and other details to make you think it’s coming from a legitimate source. This latest threat says that your Apple ID has been suspended due to unusual activity or missing or invalid information. (TomsGuide)

-Technology and Science-
1. 3 Men Plunge To Death In Car After Google Maps Directs Them To Take Unfinished Bridge: Three men tragically died after their car, following Google Maps directions, plunged off an unfinished bridge into a river in India. The app directed them onto an under-construction flyover, which had collapsed in 2022 due to flooding. The car fell 50 feet into the Ramganga River in Uttar Pradesh’s Bareilly district. Locals discovered the accident the following morning. (IBTimes)

2. Tesla Excluded from California’s New EV Incentives: California Governor Gavin Newsom has proposed a new set of EV tax credits that would exclude Tesla from receiving consumer rebates. This decision is part of an effort to foster a more diverse EV market in California, despite Tesla being the state’s largest auto manufacturer. The proposal has sparked debate over political motivations, given Tesla CEO Elon Musk’s public disputes with political figures, including Newsom. (X)

-Bitcoin Community-
NSTR

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 79/100 (Down 3 pts)

Analyst Comments (AC): NSTR

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