DIB 31 MAR 2025

BTC Daily Intelligence Bulletin (DIB)
Block: 890,239
DTG/ICOD: 1200Z 31Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: France’s Le Pen Guilty of Embezzlement / Searches Continue After Asia Quake / Indiana University MIA After Federal Investigation / NM GOP HQ Firebombed / Trump Floats ‘3rd Term’ / US Bank Exec Killed in Plane Crash / Trump’s New Stablecoin Draws Concern / Japan Labels Crypto a Financial Product / Trump Family Enters Bitcoin Mining With Hut 8 / MARA Raises $2B for BTC Buys / Stock Futures Down on Tariff War / Federal Judge Personal Info Available Online / xAI Buys X, Intertwining AI and Social Media / Early Bitcoin Miner Billionaire Goes to Space / Hydro-Cooled ASICs Reign Hashrate

Market Data: Price: 1 BTC= $85,163, 26.28 oz Gold, .19 Median US House
24hr Hi: $83,245 / Lo: $81,293
Vol: $21B (Up 46%)
Mkt Cap: $1.62T (Down 1%)
HashRate: 820 EH/s
Avg Fee Rate: 16 sats/vBtye (Up 466%)

—Reports—
-International Events-
1. Marine Le Pen found guilty in EU funding embezzlement case: France’s Marine Le Pen has been found guilty of misappropriating European funds to finance her far-right National Rally (RN) party, in a case which could lead to her being barred from standing in the 2027 presidential election. Le Pen was accused, along with more than 20 other senior party figures, of hiring assistants who worked on her RN party affairs rather than for the European Parliament which paid them. (BBC)

2. Search for quake survivors intensifies in Myanmar, Thailand; death toll expected to rise: Survivors were pulled out of rubble in Myanmar and signs of life were detected in the ruins of a skyscraper in Bangkok on Monday as efforts intensified to find people trapped three days after a massive earthquake in Southeast Asia that killed around 2,000. (Reuters)

-US Events-
1. Indiana University Professor Xiaofeng Wang Missing Amid Federal Searches: FBI and DHS agents searched two homes belonging to Indiana University Professor Xiaofeng Wang and Nianli Ma in Bloomington and Carmel. Wang, who managed $23 million in research projects over 21 years, was placed on administrative leave weeks before the raids. The prominent cryptography and cybersecurity expert has mysteriously disappeared, with his university profiles and contact information removed. Federal agents collected evidence for hours, but the nature of the investigation remains unclear. (GroundNews)

2. Headquarters of New Mexico Republican Party Targeted in ‘Deliberate Act of Arson’: “Early this morning, the entryway of the Republican Party of New Mexico’s headquarters in Albuquerque was destroyed in a deliberate act of arson which also included spray painting the words ‘ICE=KK,’” the party said. (Breitbart)

3. Trump Considers Third Term, Cites ‘Methods’: President Donald Trump has stated in an interview with NBC News that he is ‘not joking’ about the possibility of seeking a third term in office, despite the limitation set by the 22nd Amendment of the U.S. Constitution. Trump suggested that ‘there are methods’ for achieving a third term, but did not elaborate on what these methods might be. (Various)

4. US Bank executive Terry Dolan believed to be dead following plane crash near Minneapolis: Dolan, 63, became the company’s vice chair in 2023. He was in charge of marketing and analytics at the company, among other operations. (NYPost)

-Regulatory and Legal-
1. Trump’s USD1 stablecoin deepens concerns over conflicts of interest: World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. Observers have already begun to raise the alarm about the possible security risks posed by a stablecoin connected to the president. There are also concerns over the possibility of market manipulation and violations of the emoluments clause of the US Constitution. (CoinTelegraph)

2. Japan Aims to Reclassify Cryptocurrencies As Financial Products: Japan plans to reclassify cryptocurrencies as financial products, implementing insider trading restrictions similar to traditional markets. The proposed changes aim to revise the Financial Instruments and Exchange Act, differentiating digital assets from securities while recognizing their investment characteristics. (Decrypt)

3. Trump family enters Bitcoin mining industry with American Bitcoin 20% stake in Hut 8: Hut 8 has partnered with Eric Trump and Donald Trump Jr. to launch American Bitcoin, a new entity focused exclusively on industrial-scale Bitcoin mining and strategic reserve development. The venture emerged following Hut 8’s transfer of a substantial portion of its ASIC mining assets to American Data Centers Inc., which was subsequently renamed American Bitcoin. (CryptoSlate)

-CBDCs/World Currencies/Strategic Reserves-
NSTR

-Institutional Concerns-
1. Bitcoin Miner MARA Raising $2 Billion With a Stock Offering to Buy BTC: The agreement allows them to sell up to $2 billion worth of MARA stock “from time to time,” with proceeds earmarked for “general corporate purposes, including the acquisition of Bitcoin and for working capital.” (Decrypt)

-Economic Indicators-
1. US Futures Tumble: US futures tumbled on Monday, with S&P 500 contracts down 1.2%, Nasdaq 100 futures sinking 1.7%, and Dow Jones futures dropping about 300 points, as trade war concerns continued to weigh on the economic outlook and investor sentiment. Reciprocal tariffs are set to take effect on April 2nd, including a 25% levy on “all cars that are not made in the US.” (TradingEconomics)

-Security Incidents and Concerns-
1. Personal info on federal judges is widely accessible online, leading to safety risks: More than half of U.S. appellate court judges examined in a recent study were shown to have their personal data, including home addresses, phone numbers, names of relatives and case rulings listed on people search sites. (TheRecord)

-Technology and Science-
1. Elon Musk Says xAI Acquired Social Media Platform X via Stocks, Signaling an ‘Intertwined’ Future: Musk claimed that the combination of both companies “values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” The goal of this acquisition is to build a platform that would “not only reflect the world” but also help accelerate its human progress, which combines the artificial intelligence tech from xAI and human input via X. (TechTimes)

2. SpaceX is set to launch 4 people on a first-of-its-kind mission around Earth’s poles: Malta-based investor Chun Wang is financing the mission, who made his fortune with bitcoin mining operations, and he paid SpaceX an undisclosed sum of money to conduct this mission. The mission stands out because no humans have traveled directly over the Earth’s poles from space, which requires a flight path that’s far more fuel-intensive than chasing orbits closer to the equator. (CNN)

-Bitcoin Community-
1. Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025: Today’s top mining hardware now operates within a hashrate spectrum stretching from 400 terahash per second (TH/s) to 860 TH/s. While the Antminer S21e XP Hydro 3U unit flaunts 860 TH/s, it maintains an energy efficiency ratio of 13 joules per terahash (J/T). Unquestionably, liquid-cooled systems—be they immersion or hydro-powered—have emerged as the undisputed sovereigns in this thermal arms race, eclipsing antiquated airflow-reliant rivals. (BitcoinCom)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 34/100 (Down 10 pts)

Analyst Comments (AC): NSTR

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