Brazil Authorizes Seizure and Sale of Crypto to Finance Public Security Under Anti-Gang Law

Brazil’s Anti-Gang Law lets judges seize, freeze, and sell digital assets like Bitcoin, directing proceeds to public security funds—putting state crypto custody under the spotlight.

Retail Pivots to Strategy’s STRC as Yield Beats MSTR’s Bitcoin Torque, Says CEO

Strategy CEO Phong Le says retail now makes up ~80% of STRC holders vs ~40% of MSTR. With an 11.5% dividend and $5B cap, STRC’s design is reshaping the firm’s Bitcoin funding engine.

Fenbushi’s Bo Shen Puts Up 10–20% Bounty to Chase $42M in Stolen Crypto, Betting on AI and On-Chain Forensics

Bo Shen is offering a 10–20% bounty to help recover about $42M stolen in 2022, including $38M USDC, 1,607 ETH, 4.13 BTC. Roughly $1.2M is frozen. He’s leaning on new AI and on-chain tools.

Bhutan Accelerates Bitcoin Sales, Sends $37M to Exchanges as Reserves Fall 66% From 2024 Peak

Bhutan moved 519.707 BTC ($36.75M) to exchanges, cutting sovereign reserves to 4,453 BTC (~$315M)—down 66% since late 2024—as 2026 outflows surpass $150M.

Bitcoin Tests $70K as Iran Risk Spurs Vol Shock and Exposes Thin On-Chain Support

Bitcoin slid below $70K as Iran tensions rise. With $70.2K-$82.2K cost-basis bands and leverage-heavy positioning, odds of a breakdown increase amid surging implied volatility.

K33: Calm derivatives and soft inflows suggest Bitcoin is carving a base

K33’s Vetle Lunde notes muted derivatives and limited inflows as Bitcoin consolidates, signaling seller fatigue and a cautious path toward a market bottom.

Morgan Stanley’s spot Bitcoin ETF nears debut after NYSE listing notice, analyst says

NYSE posted a listing notice for Morgan Stanley’s spot Bitcoin ETF. Analyst Eric Balchunas says a launch could be imminent, reshaping ETF distribution and competition.

The Daily: Circle selloff questioned as analysts defend outlook, Bhutan offloads $37M in BTC, Bitmine adds $145M in ETH, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Bitcoin’s $15B Deribit Options Roll Off as Trump’s Iran Pause Ends—Here’s the Volatility Setup

$15B in BTC options expire on Deribit Friday—40% of its BTC OI—just as Trump’s Iran strike delay lapses. Traders see an orderly expiry but watch for weekend volatility and ETF flows.

Google’s 2029 Post-Quantum Push Puts a Real Clock on Bitcoin’s Security Upgrade

Google plans to migrate to post-quantum cryptography by 2029. That centralized deadline highlights Bitcoin’s slower, decentralized path to quantum-safe signatures.