[News Brief] Apr 22, morning | Bill Including Temporary U.S. CBDC Ban Heads to Trump for Signature

BTC Falls Below $59,000

BTC dropped below $59,000.

According to Odaily, BTC traded at $58,988.3 on OKX, down 2.01% over the past 24 hours.

Bill Including Temporary U.S. CBDC Ban Heads to Trump for Signature

In the United States, a bill containing a temporary ban provision on a central bank digital currency (CBDC) is set to be sent to President Trump for signature.

Source: Wu Blockchain. According to Cointelegraph, U.S. House Speaker Mike Johnson said a housing-related bill including the temporary CBDC ban provision would be sent to President Trump on Monday and is expected to be signed into law.

The provision would restrict CBDC-related actions through 2030. Previously, President Trump had not signed a bill containing a U.S. CBDC ban provision.

$190 Million USDC Transferred From Aave to Unidentified Whale Wallet

Whale Alert reported on the 28th that 190,113,616 USDC, worth about $190,198,596, was transferred from Aave to an unidentified whale wallet.

The specific purpose of the transfer was not disclosed. Large stablecoin movements are closely watched as indicators of liquidity changes or potential future trading activity in the market.

$100 Million USDC Transferred From Ethena to Unidentified Wallet

According to Whale Alert, 100 million USDC was transferred from Ethena to an unidentified wallet on the 29th.

The transfer was worth about $100.39 million. Large stablecoin movements can be interpreted as signals of market liquidity changes depending on whether they flow into exchanges.

1,517 BTC Transferred From Kraken to Unidentified Wallet

Whale Alert said 1,517 BTC was moved from Kraken to an unidentified wallet.

The transfer was worth about $90.44 million. Large withdrawals from an exchange to an external wallet may be interpreted as custody-related transfers or a sign of reduced selling pressure, though the actual purpose has not been confirmed.

Strategy Made No Additional Bitcoin Purchases Last Week

According to Odaily, Onchain Lens reported that Strategy did not buy additional bitcoin last week.

Strategy currently holds 847,363 BTC, valued at $54.98 billion. Its unrealized loss is estimated to exceed $12.9 billion.

USDT Supply Tightens in India, Premium Rises Above 8.5%

According to Wu Blockchain, The Economic Times reported that a sudden tightening in USDT supply in India pushed the local stablecoin premium from its usual 3–4% range to above 8.5%.

As of Saturday, USDT was quoted at 102.88 rupees. This was significantly above Friday’s dollar-rupee closing exchange rate of 94.65 rupees.

The report said the decline in USDT inflows and concerns about further slowdown came after India’s Enforcement Directorate cracked down on transfers worth 250 billion rupees conducted via virtual digital assets. Crypto Legal founder Purushottam Anand said the recent premium increase partly reflects a risk premium stemming from regulatory uncertainty.

880 BTC Transferred From Coinbase Institutional to Unidentified Wallet

According to Whale Alert, 880 BTC was transferred from Coinbase Institutional to an unidentified wallet.

The transfer was worth about $52.5 million. The specific purpose of the transaction and the owner of the receiving wallet have not been identified.

865 BTC Transferred From Coinbase Institutional Wallet to Anonymous Wallet

According to Whale Alert, 865 BTC, worth about $51.9 million, was transferred from a Coinbase institutional wallet to an anonymous wallet.

Although the funds moved from an exchange-related wallet to an external wallet, the recipient and the purpose of the transfer remain unconfirmed.

Taiko Patch for Exploit Vulnerability Passes Review; Mainnet Recovery Enters Phase 4

According to Odaily, Ethereum Layer 2 project Taiko said its patch for an exploit vulnerability had passed review by independent security experts and that mainnet recovery would proceed in four stages.

The recovery process will involve deploying the patch and verifying the chain’s final state, replenishing cross-chain bridge liquidity, resuming L2 transfers, swaps, and trading functions, and lifting the temporary bridge suspension through a proposal by the security council.

Taiko said withdrawal limits would be set conservatively during the initial resumption phase, but normal user asset operations are not expected to be significantly affected.