[News Brief] Apr 22, morning | White House 'Continues Reviewing the Optimal Structure for a Strategic Bitcoin Reserve'

White House: 'Continues Reviewing the Optimal Structure for a Strategic Bitcoin Reserve'

The White House said the Trump administration is continuing to review the optimal structure for a strategic Bitcoin reserve in order to implement the president’s vision.

The source is Bitcoin Magazine. A strategic Bitcoin reserve is a policy concept related to how the U.S. government would hold and manage Bitcoin.

U.S. Crypto Clarity Bill Must Clear Senate Process by August 7

According to Watcher.Guru, the U.S. crypto clarity bill must complete the Senate process by August 7, before lawmakers begin their summer recess.

The bill is intended to clarify regulatory authority and standards for the digital asset market, and it is drawing attention amid broader discussions about bringing cryptocurrencies further into the U.S. regulatory framework.

Trump: 'Cryptocurrency Is Very Powerful'

President Trump described cryptocurrency as “very powerful,” saying that “many people are using Bitcoin.”

According to Watcher.Guru, Trump said, regarding the influence of cryptocurrencies, “I don’t think anyone really understands how powerful it is.” He did not mention any specific policy or regulatory direction.

SpaceX Added to the Nasdaq-100, Becoming the Third Bitcoin-Holding Company in the Index

Bitcoin Magazine reported on the 6th that SpaceX will be added to the Nasdaq-100 the following day, making it the third Bitcoin-holding company in the index after Tesla and Strategy.

According to the outlet, SpaceX and Tesla, both led by Elon Musk, hold a combined total of 30,221 BTC.

This addition could increase market interest in Bitcoin-holding companies within the Nasdaq-100.

Riot Platforms Transfers 500 BTC to an NYDIG Custody Account

According to Onchain Lens, Bitcoin mining company Riot Platforms transferred 500 BTC to an NYDIG custody account. At current prices, the transfer is worth about $30.9 million.

The transfer was carried out in two transactions: 413.793 BTC and 86.207 BTC. While miners moving assets to a custody account may simply indicate a safekeeping purpose, the market is also discussing the possibility that it could be preparation for a sale.

1,134 BTC Deposited to Coinbase

According to Whale Alert, 1,134 BTC, worth about $70.45 million, was moved from an anonymous wallet to Coinbase.

Large BTC transfers to exchanges are generally interpreted as a possible sign of selling intent or a move to secure liquidity.

CoinGlass: '$314 Million Liquidated in the Global Crypto Futures Market Over 24 Hours'

According to CoinGlass, 78,908 traders were liquidated across the global crypto futures market over the past 24 hours, with total liquidations reaching about $314 million.

Long liquidations amounted to about $180 million, while short liquidations came to about $134 million, meaning longs accounted for roughly 57% of the total. The single largest liquidation occurred in the BTC-USD contract on Hyperliquid, totaling about $5.6877 million.

By exchange, Binance recorded the largest liquidation volume at about $136 million, followed by Hyperliquid at about $48.06 million, Bybit at about $36.98 million, OKX at about $27.84 million, and Gate at about $24.51 million.

By asset, BTC and ETH were the main liquidation targets. Over the past 24 hours, BTC liquidations totaled about $137 million, while ETH liquidations reached about $70.11 million.

1,219 BTC Withdrawn from Coinbase

According to Whale Alert, 1,219 BTC, worth about $75.98 million, was transferred from Coinbase to an anonymous wallet.

Transfers from an exchange to an external wallet may indicate storage purposes or a long-term holding intention. However, the market impact of a single on-chain transaction alone may be limited.

Adam Back: 'Exchange and Asset Custody Functions Should Be Separated'

According to Wu Blockchain, Bitcoin industry figure Adam Back said at BTC Prague 2026 that the cryptocurrency market should learn crisis-response mechanisms from traditional financial markets.

He argued that the crypto industry continues to repeat old patterns of fraud and failure, pointing to recurring issues similar to the FTX and Mt. Gox cases.

Adam Back identified the separation of exchange and asset custody functions as a key task. He explained that even if an exchange goes bankrupt, users should be able to move their assets externally so they are not trapped in bankruptcy proceedings.

ENS DAO Submits Draft Proposal for Multi-Delegation of 5 Million ENS Held by the DAO

On the ENS DAO governance forum, community member AvsA submitted a draft proposal to distribute approximately 5 million ENS held by the DAO to multiple stakeholders through a multi-delegation contract.

The proposal is intended to ease the current concentration of voting power among a small number of delegates. Under the plan, tokens from the DAO treasury would be allocated across five sectors—users, integration partners such as wallets, exchanges, and applications, developers, traditional domain service providers, and the governance community—with about 1 million ENS delegated to each sector.

Delegates would only be able to exercise voting rights and would have no authority to dispose of the tokens. If a delegate does not participate in voting for six consecutive months, the delegation would be revoked and redistributed.