Bitcoin options skew turns bullish near $70K as CPI meets forecasts; market prices ~35% chance of $80K by June

Bitcoin steadies around $70K after CPI prints in line. Options skew flips positive, put selling rises, and odds of $80K by June hover near 35% as oil and the Fed loom.

Strive lifts SATA dividend to 12.75%, tightens $99–$101 band, adds BTC and $50M of Strategy’s STRC

Strive boosts SATA’s dividend to 12.75%, narrows its trading band to $99–$101, expands BTC to 13,311, and buys $50M of Strategy’s STRC. What this “stable-yield” Bitcoin play signals.

Bitcoin Slips Below $70K as IEA Mulls Record Oil Release; Options Skew Points to Cautious Hedging

Bitcoin hovers near $69,240 as the IEA considers a record strategic oil draw. Put demand lifts options skew to around -6% while prediction markets lean toward a $55K path.

Winklevoss twins transfer $130M in bitcoin to Gemini; Arkham pegs profits near $1.8B with $764M still held

Cameron and Tyler Winklevoss moved $130M in BTC to Gemini hot wallets while retaining $764M in holdings. Arkham estimates cumulative profits above $1.8B. Here’s what that flow could imply.

Bitcoin’s next leg hinges on oil, real yields, the Fed — with spot ETF flows steering the tape

Analysts see Bitcoin’s direction set more by oil, Treasury yields, and Fed policy than crypto news, with spot ETF flows acting as the transmission channel for risk appetite.

Babylon and Ledger join forces to unlock self-custodied bitcoin as DeFi collateral

Babylon partners with Ledger to let BTC holders pledge native coins as DeFi collateral while retaining their keys. Why the trust model and UX matter more than the headline.

The Daily: Winklevoss twins move $130 million in BTC to Gemini, South Korean prosecutors sell seized bitcoin and more

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

Why Bitwise’s CIO Thinks Bitcoin Can Reach $1M by Winning 17% of the Store‑of‑Value Market

Bitwise CIO Matt Hougan says bitcoin could hit $1 million if it captures about 17% of the global store‑of‑value market, benchmarking its trajectory against gold.

Bitwise’s Case for $1M Bitcoin Hinges on a Moving Target, Not a Static Pie

Bitwise’s Matt Hougan says $1M Bitcoin is plausible if the store-of-value market keeps expanding. The key: model a growing pie, not a fixed one, as ETFs and institutions reshape demand.

Quantum Computing’s Nearest Target: Encrypted Chats Before Bitcoin

IBM is working with Signal and Threema on quantum‑safe messaging as experts warn of “harvest now, decrypt later.” Why chats may face nearer risk than Bitcoin—and what’s being upgraded.