[News Brief] Apr 22, morning | A White House official said that "an announcement is coming soon" regarding a strategic Bitcoin reserve

A White House official said that "an announcement is coming soon" regarding a strategic Bitcoin reserve

According to Bitcoin Magazine, a White House official said that "an announcement is coming soon" regarding a strategic Bitcoin reserve.

He explained that there has been meaningful progress in legally organizing all procedures and establishing a foundation to properly safeguard the assets.

A strategic Bitcoin reserve is tied to how the U.S. government may hold and manage digital assets, and the market may interpret it as a signal of Bitcoin’s entry into the institutional mainstream.

NATO is reportedly considering troop deployment if the Strait of Hormuz is not reopened before July

According to Odaily, market sources said that NATO is considering troop deployment if the Strait of Hormuz is not reopened before July.

The Strait of Hormuz is a key route for Middle Eastern oil shipments, and prolonged disruption could increase energy prices and volatility across global financial markets.

The yield on 30-year U.S. Treasuries rose to 3.181%, the highest level since 2007

PANews reported on the 19th that the yield on 30-year U.S. Treasuries rose to 3.181%, the highest level since 2007.

Rising long-term Treasury yields can increase borrowing costs and discount-rate pressure, affecting risk sentiment toward equities, crypto assets, and other risk assets.

Morgan Stanley warned that meaningful correction risk in U.S. stocks has increased as the 10-year U.S. Treasury yield rose above 4.5%

According to Odaily, Morgan Stanley warned that the risk of a meaningful correction in U.S. equities has increased as the 10-year U.S. Treasury yield moved above 4.5%.

Michael Wilson, the firm’s chief investment officer, said that if higher long-term yields are accompanied by greater bond-market volatility, U.S. stocks could face their first clear correction since the late-March lows.

Morgan Stanley had previously identified a 4.5% yield on the 10-year U.S. Treasury as a threshold that could place greater pressure on equity valuations.

Tether filed seven trademarks in South Korea, including its company name, logo, and Tether Gold

Tether has filed seven trademarks in South Korea, including its company name, logo, and Tether Gold.

According to Odaily, filing records for the Tether logo and the gold-backed stablecoin Tether Gold were confirmed on KIPRIS, the Korea Intellectual Property Rights Information Service.

Industry participants believe Tether is making preliminary preparations ahead of establishing a local entity and entering the Korean market. The Digital Asset Basic Act may require overseas stablecoin issuers to establish a local branch in order to conduct distribution-related business in Korea.

Earlier, Circle CEO Jeremy Allaire visited Korea in April and described it as one of the most dynamic crypto markets in the world.

Galaxy Digital said it received a BitLicense and a money transmitter license from the New York State Department of Financial Services, enabling it to provide digital asset services in New York

According to Odaily, Galaxy Digital said it has received a BitLicense and a money transmitter license from the New York State Department of Financial Services, allowing it to offer digital asset services in New York.

The licenses apply to its subsidiary GalaxyOne Prime NY, which will provide trading and custody services to New York residents as well as institutional and corporate clients.

Galaxy said New York is the U.S. market with the highest concentration of institutional capital, and that the approval will allow it to support local institutional clients more directly as digital assets increasingly become part of mainstream asset allocation.

Hyperliquid can now retain most of the reserve income generated from stablecoin deposits on its platform through a USDC agreement with Coinbase and Circle

According to CoinDesk, Hyperliquid can now retain most of the reserve income generated from stablecoin deposits on its platform through a USDC agreement with Coinbase and Circle.

Analysts said that, as its revenue model expands beyond trading fees into income based on stablecoin balances, the HYPE token could see sustained long-term buying pressure.

Compass Point estimated that the agreement could reduce annual EBITDA for Circle and Coinbase by as much as $80 million, and that other DeFi protocols may seek similar terms.

Ryan Watkins, co-founder of Syncracy Capital, said Hyperliquid has shifted to a structure that captures both trading fees and stablecoin revenue, estimating annual revenue at roughly $135 million to $160 million.

He added that if USDC balances increase further, revenue sharing alone could reach $300 million to $500 million annually.

The agreement is being interpreted as a sign of intensifying competition over distribution channels centered on major stablecoins, and of possible consolidation in the stablecoin market over time.

Circle minted about 2 billion USDC on the Solana network last week

According to Odaily, Circle minted about 2 billion USDC on the Solana network last week.

USDC is a major dollar-pegged stablecoin, and the minting is being interpreted as a move related to expanding trading liquidity on the Solana network.

A New Jersey police and firefighter pension fund in the U.S. made its first purchase of 14,077 shares in Bitcoin treasury company Strive

According to Odaily, BitcoinTreasuries.net said on X that the New Jersey police and firefighter pension fund, which manages $33 billion in assets, made its first purchase of 14,077 shares in Bitcoin treasury company Strive.

The purchase amount was $220,000. Strive is a treasury company known for its Bitcoin holding strategy, and the purchase is being interpreted as a case of a pension fund expanding its exposure to Bitcoin-related companies.

Solana recorded chain GDP of $342.2 million in the first quarter of 2026

According to Wu Blockchain, Messari said Solana recorded chain GDP of $342.2 million in the first quarter of 2026.

The report said Pump.fun remained the top revenue-generating application on the Solana network at $124.7 million. Solana’s REV fell 1% quarter over quarter to $89.5 million, ranking second among all blockchain networks behind Hyperliquid.

Solana’s RWA market capitalization rose 43% over the same period to $2.01 billion. Messari also said Solana’s Alpenglow upgrade aims to reduce transaction finality time from about 12.8 seconds to 150 milliseconds.