[News Brief] Apr 22, morning | Taiwan Central Bank Discusses Adopting Bitcoin as a Reserve Asset

President Trump and Vice President Vance Sign U.S.-Iran Memorandum of Understanding

Odaily, citing Reuters, reported that President Trump and Vice President Vance signed a U.S.-Iran memorandum of understanding.

According to the report, the Speaker of Iran’s Islamic Consultative Assembly also signed the memorandum. Specific details of the agreement were not disclosed.

Taiwan Central Bank Discusses Adopting Bitcoin as a Reserve Asset

Bitcoin Magazine reported that Taiwan’s central bank met with the Bitcoin Policy Institute to discuss the possibility of adopting Bitcoin as a reserve asset.

The discussion was part of a broader review of whether Bitcoin could be included in national reserve holdings, a topic that may heighten market interest in central bank reserve management strategies.

JPMorgan: Falling Oil Prices Could Be a Major Positive for Global Equities

JPMorgan said that declining oil prices could serve as a major tailwind for global stock markets.

The bank noted that lower oil prices may ease inflationary pressure and give central banks more room to cut interest rates.

High interest rates and inflation concerns have previously weighed on investor sentiment toward risk assets such as equities. The prospect of lower oil prices is therefore seen as a factor that could improve the chances of a broader rebound in global markets.

Wall Street Sees Limited Risk of Strategy's 'Death Spiral Selling'

Odaily reported that Wall Street firms including Benchmark and TD Cowen maintained their 'buy' ratings on Strategy, assessing the risk of so-called 'death spiral selling' as limited.

The concern emerged as Bitcoin fell to around $60,000, raising fears that Strategy’s leveraged Bitcoin treasury strategy could come under pressure.

Benchmark analyst Mark Palmer said the company could first draw on roughly $1 billion in cash reserves for dividend payments before resorting to large-scale Bitcoin sales, while its approximately $55 billion in Bitcoin holdings could also act as a buffer.

TD Cowen said Strategy’s perpetual preferred stock, STRC, showed relatively low volatility even during sharp Bitcoin declines, helping support capital structure stability.

Still, some market participants argue that the structure could create asset-sale pressure under extreme conditions.

1,000 Bitcoin Transferred From Anonymous Wallet to FalconX

According to Whale Alert, 1,000 BTC was transferred from an anonymous wallet to FalconX.

The transfer was valued at approximately $66.85 million. Large cryptocurrency movements are often watched as on-chain indicators of liquidity conditions or potential selling pressure.

Wu Blockchain: Spot Trading Volume at Major Exchanges Rose 0.1% Month Over Month in May

Wu Blockchain said in its May 2026 report on major exchange data that spot trading volume increased about 0.1% from April.

Derivatives trading volume rose about 1.1% month over month, while web traffic to major exchange websites fell about 0.26%.

Trading volume and website traffic are commonly used as indicators of liquidity and overall investor activity in the crypto market.

Michael Saylor: Bitcoin Will Grow Into a $100 Trillion Network

According to Pete Rizzo’s X account, Michael Saylor said Bitcoin will eventually grow into a $100 trillion network.

Saylor said, 'BTC is going from $70,000 to $700,000 to $7 million,' adding that 'it is inevitable.'

Saylor, one of the most prominent long-term Bitcoin advocates, is widely known for continuing to pursue aggressive Bitcoin accumulation. His remarks were viewed as a reaffirmation of the long-term bullish case for the asset.

Bitcoin Ranked 16th Among Global Assets

Odaily, citing 8MarketCap data, reported that SpaceX rose to 8th place among global assets with a market capitalization of $2.327 trillion, surpassing TSMC.

Bitcoin reached a market capitalization of $1.34 trillion and climbed 4.47% over 24 hours, ranking 16th among global assets.

SpaceX currently sits behind Amazon, which has a market capitalization of $2.65 trillion, while Bitcoin continues to maintain a scale comparable to major global assets.

xAI’s Trade Secret Lawsuit Against OpenAI Dismissed

A U.S. federal judge dismissed xAI’s trade secret lawsuit against OpenAI.

According to PANews, Judge Rita Lin of the U.S. District Court in San Francisco found that xAI failed to prove that OpenAI induced former engineer Li Shechen to misappropriate trade secrets or that Li disclosed xAI trade secrets during the process of joining OpenAI.

Judge Lin said there was no practical benefit to allowing xAI to continue pursuing the case. The court had previously dismissed the same lawsuit in February.

Bitcoin Hits $67,008.90

Bitcoin rose above $67,000, gaining 4.66% on the day.

PANews, citing OKX market data, reported that Bitcoin (BTC) traded at $67,008.90.