Citrini's Hormuz Field Report, Iran's Toll Booth, Bitcoin Day Faucet

Your daily bitcoin and macro intelligence briefing. AI-generated audio from the TFTC Bitcoin Brief newsletter, written and curated by Marty Bent. • Citrini Research sent an analyst into the Strait of Hormuz during a live war on a dinghy with no GPS. Found Iran running a functional toll booth, not a blockade. • 15+ ships crossing daily, up from 2-5 two weeks ago. Approved nations expanding fast: China, India, France, Japan and more. • Iran modeling Hormuz management on Turkey's 90-year Montreux Convention framework for the Bosphorus. • Jack Dorsey's Block revives the bitcoin faucet with Bitcoin Day ($1M giveaway, Apr 6-10). Caveat: requires Cash App and Bitkey. • Oil above $103. Models show $115 oil pushes CPI to 3.7%, killing rate cut hopes. • BTC posts worst Q1 since 2018 but holds $69K. Short-term holders underwater at $81.7K realized price. • US-Iran 45-day ceasefire under discussion. Polymarket: $32M volume on conflict outcome. • Bitcoin transaction sent via LoRa mesh radio with no internet connection at India summit. • Charles Schwab confirms spot BTC trading launch in H1 2026. $12 trillion in client assets gets a buy button. • BRICS de-dollarization plumbing expanding despite Lula denying a unified currency. Get the full written brief with all links, sources, and on-chain data — subscribe free at tftc.io/bitcoin-brief