DIB 6 MAR 2025

BTC Daily Intelligence Bulletin (DIB)
Block: 886,573
DTG/ICOD: 1200Z 06Mar2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
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BLUF: ROK Jet Drops Live Bombs on Homes / EU Meets to Increase Defenses / Chinese Economy Faces Downturn / Draft EO to Abolish Education Dept / Rep Massie Intros Bill to Abolish the Fed / SCOTUS Rules to Pay $2B For USAID Contracts / Hints of Bitcoin-Only SBR From Trump Admin / Metaplanet Buys More / Mt Gox Moves $1B BTC / US Jobs Cuts Worst Since COVID / US Futures Down / BitcoinOS Presale Looks Sketchy / DOJ Goes After Chinese Hackers / Private Moon Lander to Land Again / Bitcoin Blockchain Secures TN County Election /

Market Data: Price: 1 BTC= $90,359, 31.11 oz Gold, .21 Median US House
24hr Hi: $92,804 / Lo: $87,599
Vol: $48B (Down 22%)
Mkt Cap: $1.79T (Even)
HashRate: 797 EH/s
Avg Fee Rate: 2 sats/vBtye (Up 100%)

—Reports—
-International Events-
1. South Korean fighter jets accidentally bomb homes, injuring 15 civilians: SK fighter jets accidentally bombed homes during a live-fire drill with US forces, injuring more than a dozen people, Seoul’s military said on Thursday. Eight MK-82 general-purpose bombs were “abnormally dropped” from two KF-16 fighter jets and landed outside the designated firing range at approximately 10:07 a.m. local time, hitting civilian infrastructure in Pocheon city, northeast of the capital Seoul, according to the South Korean Air Force. (CNN)

2. EU leaders to back defence surge, support Zelenskiy after US aid freeze: Leaders of the European Union’s 27 countries will be joined by Ukrainian President Volodymyr Zelenskiy at a summit in Brussels, although Hungary’s nationalist leader Viktor Orban, a Trump ally, may veto a unanimous statement backing Kyiv. While the summit will offer words of support and plan for an increase in defence spending, Europe is not expected to be able to fully replace suspended U.S. aid. Washington provided more than 40% of military aid to Ukraine last year, according to NATO, some of which Europe could not easily provide. (Reuters)

3. Chinese Economy Faces Rising International ‘Uncertainty’: China’s economy is facing growing “uncertainty” in the international environment, as well as insufficient domestic demand, a top official said on Thursday, as Beijing vowed to boost spending and cut rates to lift flagging growth. (IBTimes) (AC-Tariff war will have similar worldwide effects.)

-US Events-
1. Trump to order US Education Department abolished: President Donald Trump is expected to issue an executive order to abolish the Department of Education, as reported by The Wall Street Journal. Education Secretary Linda McMahon is directed to take all necessary steps to facilitate the closure of the Education Department, according to the draft order. (GroundNews)

2. U.S. Lawmakers Move to End the Fed: Representative Thomas Massie has reintroduced the ‘End the Fed’ bill, officially titled the Federal Reserve Board Abolition Act, HR 1846, aiming to dismantle the Federal Reserve System. This legislative move echoes sentiments from other Republican lawmakers like Senator Mike Lee, who plans similar action in the Senate. The initiative critiques the Federal Reserve for allegedly devaluing currency and causing inflation through debt monetization. (X)

3. SCOTUS Dissenters Rage As ‘Liberals’ Unfreeze $2BN USAID Foreign-Aid Payments: In a 5-4 vote, The US Supreme Court refused to bolster President Donald Trump’s foreign-aid freeze, reinstating a lower court order that requires the quick disbursement of as much as $2 billion owed to contractors for already completed work. The ruling forces immediate payment of $2 billion for completed work but does not prevent broader USAID cuts. (ZeroHedge)

-Regulatory and Legal-
NSTR

-CBDCs/World Currencies/Strategic Reserves-
1. Trump’s commerce secretary hints at Bitcoin-only strategic reserve: US Commerce Secretary Howard Lutnick has confirmed that the Trump administration will unveil plans for a strategic Bitcoin reserve at the upcoming White House Crypto Summit on March 7. “The president definitely thinks that there’s a Bitcoin strategic reserve,” Secretary Lutnick said. “Now, there will be the question of, how do we handle the other cryptocurrencies. And I think the model is going to be announced on Friday when we do that.” (CoinTelegraph)

-Institutional Concerns-
1. Metaplanet Continues to Aggressively Accumulate Bitcoin: Metaplanet Inc., a Japanese investment firm, has increased its Bitcoin holdings by acquiring 497 BTC for $43.9 million, aiming to reach 10,000 BTC by 2025 and 21,000 BTC by 2026. (Decrypt)

2. Mt. Gox makes $1 billion Bitcoin move, sparking market debate: On March 6, the collapsed exchange transferred 11,834 BTC—valued at around $1.07 billion at the time—to a new address. Additionally, 166.5 BTC was shifted to its cold wallet. Despite these transfers, the exchange still holds around 36,000 BTC, valued at over $3.3 billion. Some believe the exchange is preparing to sell Bitcoin, possibly capitalizing on the market’s upward momentum. However, others suggest the movement relates to ongoing creditor repayments. (CryptoSlate)

-Economic Indicators-
1. US Job Cuts Hit 2020-Highs on DOGE Layoffs: US employers announced 172.017K job cuts in February 2025, the highest value since July 2020, compared to 49.795K in January. It is also the highest total for the month of February since 2009. “With the impact of the Department of Government Efficiency [DOGE] actions, as well as canceled Government contracts, fear of trade wars, and bankruptcies, job cuts soared in February.“ (TradingEconomics)

2. US Futures Sharply Lower, Tech Stocks Under Pressure: US futures fell on Thursday, with S&P 500 and Nasdaq 100 futures down about 1% and Dow Jones losing over 300 points. This decline follows a strong rebound in the previous session, where all three major indexes gained more than 1%. Investor sentiment remains fragile amid concerns over the impact of tariffs, disappointing earnings, and growing competition in AI from China. (TradingEconomics)

-Security Incidents and Concerns-
1. BitcoinOS Teases Cross-Chain Token Standard For Bitcoin And Cardano As “Stealth” $BOS Presale Goes Live: BitcoinOS (BOS), the self-described “operating system for building everything on Bitcoin,” is teasing an ambitious vision to unify Bitcoin and Cardano into a single, interoperable network using a new token standard compatible with both chains. These claims coincide with a little reported stealth launch of the $BOS token presale, which is generating buzz as a “second chance” to “be early to Bitcoin again.” (BitcoinCom) (AC-This last sentence sums it up as the grifting altcoin it is.)

2. US charges Chinese nationals in cyberattacks on Treasury, dissidents and more: U.S. law enforcement agencies announced dozens of criminal charges against a web of hackers employed by the Chinese government and private companies in China — accusing them of being involved in more than a decade of cyberattacks including the most recent breach of the U.S. Treasury. (TheRecord)

-Technology and Science-
1. A private spacecraft is about to land on the moon — the second in less than a week: Athena, a robotic lander developed by the company Intuitive Machines, aims to look for subsurface water ice near the moon’s south pole. (NBC)

-Bitcoin Community-
1. Bitcoin Blockchain Used To Secure Results Of Tennessee County’s Republican Convention Vote: In a hotly contested election for local Republican party leadership in Williamson County, TN, Simple Proof, a company that safeguards public records using the Bitcoin blockchain, was called in to preserve the integrity of the results. (BitcoinMag) (AC-This article was sent to other TN county election commissions in an effort to help spread this freedom tech involved and secure our elections.)

-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 25/100 (Up 5 pts)

Analyst Comments (AC): Look for volatility in Bitcoin price over the next 48-72 hours due to the crypto summit at the White House. Also consider sending the article on securing election results with Bitcoin blockchain (above) to your local election commission.

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