According to @HenriArslanian, this week’s newsletter highlights four market catalysts for traders: the U.S. seizing $15 billion of BTC, the UK FCA exploring fund tokenisation, Japan targeting crypto insider trading, and crypto’s likely impact on the U.S. midterms (source: @HenriArslanian on X, Oct 19, 2025). For BTC, large U.S. government seizures have historically been auctioned or transferred by authorities, making government wallet movements and potential exchange inflows important supply-watch signals for traders (sources: U.S. Marshals Service historical BTC auctions; U.S. Department of Justice disclosures on seized-asset transfers). FCA work on tokenised funds indicates continued regulatory exploration of on-chain fund units and infrastructure, a topic previously consulted on by the regulator that can shape timelines for UK institutional participation and market plumbing (source: UK Financial Conduct Authority publications on fund tokenisation). Japan’s move to target crypto insider trading suggests tighter market-abuse oversight for exchanges and listings, which can affect liquidity conditions on Japan-focused venues once measures are implemented (source: @HenriArslanian). Crypto’s role in the U.S. midterms elevates policy headline risk for BTC and ETH as regulatory stances enter campaign narratives and legislative agendas (source: @HenriArslanian).

According to @WatcherGuru, the US Government has seized $15 billion worth of Bitcoin linked to a Cambodia-based pig butchering scam. Source: @WatcherGuru on X, Oct 14, 2025. The post states the seizure size and alleged scheme location but provides no details on the responsible agency, wallet addresses, custody status, or any liquidation plan, limiting immediate verification and on-chain tracking. Source: @WatcherGuru on X, Oct 14, 2025. From a trading standpoint, the absence of disclosed wallets or official documentation means there is insufficient verifiable information to assess near-term BTC supply flows or market impact at this time. Source: @WatcherGuru on X, Oct 14, 2025.

According to Jake Chervinsky, the most efficient method for the President to establish a Strategic Bitcoin Reserve is to halt the sale of currently owned BTC. This approach would allow the Reserve to grow naturally as additional BTC is seized over time. Chervinsky anticipates this strategy might be unveiled at the upcoming Crypto Summit.