Your daily bitcoin and macro intelligence briefing. AI-generated audio from the TFTC Bitcoin Brief newsletter, written and curated by Marty Bent.

• bitcoin++ Vienna "Economics Edition" underway: Rene Pickhardt argues Lightning and Ark are complementary layers, not competitors. Ben Arc confirms live Ark payments at the conference.

• Noah Wallet (self-custodial Ark wallet) in alpha, Ark Labs and Second maturing fast

• Checkonchain "Peak Apathy" analysis: Sell-side Risk Ratio at all-time lows, implied vol at 35%, 30-day range just 8.2%. Check gives 80% odds $60K was the low.

• Global liquidity hit $193.2 trillion but narrowly driven by Fed/Treasury, Shadow Monetary Base falling at -8%

• NYC Mayor Mamdani unveils "Block by Block" plan to forcibly transfer property from landlords to community land trusts

• Federal prosecutors quietly dismiss all charges against Las Vegas biolab operator Ori Solomon

• China consumed 55.8% of all coal burned on Earth in 2025, setting a record at 4.83 billion tonnes

• PrismML ships Bonsai Image 4B: AI image generation running on iPhones in under 10 seconds

• Italy busts first Ordinals tax fraud case using Chainalysis Reactor, tracing €1M+ in undeclared gains

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