[News Brief] Apr 22, morning | U.S. House Discusses Bill for a Strategic Bitcoin Reserve

U.S. House Discusses Bill for a Strategic Bitcoin Reserve

According to Odaily, the U.S. House will discuss H.R. 8957, the “Reserve Modernization Act,” aimed at creating a U.S. strategic Bitcoin reserve, during an on-site hearing on the CLARITY Act in New York.

The bill would allow the Treasury to acquire Bitcoin through a budget-neutral mechanism without new taxpayer spending. It also requires regular audits, secure custody standards, and public disclosure of the government’s Bitcoin holdings.

Supporters believe the bill could pave the way for Bitcoin to be included as a long-term strategic reserve asset alongside other national reserve assets. While the hearing is primarily focused on the CLARITY Act and digital asset innovation, the inclusion of the strategic Bitcoin reserve proposal has kept the issue active in Congress.

U.S. Democrats Seek Major Revisions to Crypto CLARITY Act

CNBC reported on the 17th local time that U.S. Democrats are demanding major revisions to the Bitcoin- and crypto-related CLARITY Act, according to a post by Pete Rizzo on X.

According to the report, Democrats argued that “elected officials should not profit from cryptocurrency,” pointing to ethical concerns and crypto-related earnings tied to former President Donald Trump.

This demand has emerged as a key issue in the legislative process surrounding the CLARITY Act, which aims to establish a U.S. regulatory framework for cryptocurrencies.

ECB Warns on Stablecoin Expansion, Accelerates Digital Euro Push

The European Central Bank (ECB) has warned that the spread of stablecoins could erode the bank deposit base and is moving faster on the digital euro initiative.

According to Cointelegraph, ECB Executive Board member Piero Cipollone said that if stablecoins achieve large-scale adoption, commercial banks’ retail deposit base could weaken and the competitive landscape of the banking sector could change.

This week, the ECB selected 36 payment service providers to participate in a 12-month digital euro pilot project. The participants include banks, fintech firms, and payment companies.

The pilot program is scheduled to begin in the second half of 2027 and is intended to test the operational feasibility of a retail central bank digital currency (CBDC) in the eurozone.

Cipollone said the digital euro could help preserve the status of public money, keep banks involved in the payments ecosystem, and respond to consumers’ evolving financial needs.

30,000 ETH Transferred From Unidentified Wallet to Galaxy Digital

According to Whale Alert, 30,000 ETH was transferred from an unidentified wallet to Galaxy Digital.

The transfer was worth approximately $55.12 million at the time. Large transfers involving exchanges or institutional wallets may be related to selling, custody arrangements, or over-the-counter transactions, so further confirmation is needed.

Cardano Developer to Transfer Control of Core Infrastructure to External Teams Starting in August

According to Odaily, Input Output, the developer behind Cardano, will transfer control of key blockchain components—including the Haskell node, the Plutus platform, and the Daedalus wallet—to external specialist teams starting in August.

The move is part of Cardano’s long-running decentralization plan. Independent firms such as Seven Labs and Terragone will take over parts of the core infrastructure.

Cardano plans to maintain at least three implementation versions in Haskell, Rust, and Go, with community oversight and formal specification management.

Cardano is currently facing weakening network activity and downward pressure on ADA’s price. Founder Charles Hoskinson described the restructuring as growing pains on the path toward full decentralization.

ARK Invest: Long-Term Holders Continue Accumulating BTC

ARK Invest said that although Bitcoin fell about 14% in the second quarter of 2026, long-term holders continued accumulating, bringing their holdings to roughly 14.85 million BTC.

According to PANews, ARK Invest said long-term holders absorbed supply released during the market correction despite price pressure.

ARK also said on-chain indicators are showing signs of seller exhaustion. It noted that the supply of BTC held at a loss exceeded the supply held at a profit, and that the pace of losses at one point outstripped the pace of profits—patterns that have historically appeared near the bottom of market cycles.

However, ARK added that weakness is emerging in corporate Bitcoin reserves and the ETF ecosystem, and that ETF outflows suggest one of Bitcoin’s key marginal sources of demand has weakened.

Trump Media Considers Paid Early-Access Service for Truth Social Posts

Financial Times reported that Trump Media is considering a paid service aimed at traders and investors that would allow them to view President Trump’s Truth Social posts earlier.

According to the report, the monthly fee under discussion could be as high as $100,000.

Trump’s public remarks and social media posts have previously influenced volatility in financial markets and the crypto market.

Galaxy Signs 15-Year Partnership With Texas Tech University

According to Wu Blockchain, citing Sports Business Journal, Galaxy has signed a 15-year partnership with Texas Tech University, and starting from the 2026 season, Jones AT&T Stadium will be renamed Galaxy Stadium.

The deal is worth about $75 million, making it one of the larger naming-rights agreements in college sports. Under the partnership, Galaxy will also become Texas Tech’s official data center and digital asset partner.

Binance to Add Multi-Service Support for AERO on July 17

According to Odaily, Binance announced that starting at 16:00 UTC on July 17, it will roll out support for Aerodrome (AERO) across Simple Earn Flexible Products, Buy Crypto, Binance Convert, Margin, and VIP Loans.

Users will be able to purchase AERO instantly using Visa, Mastercard, and other payment methods, with related features expected to go live within one hour after AERO’s spot listing.

Bitcoin Fear & Greed Index Rises From ‘Extreme Fear’ to ‘Fear’

Bitcoin Magazine reported that the Bitcoin Fear & Greed Index has risen out of the “Extreme Fear” zone into the “Fear” range.

The Fear & Greed Index is a measure of market sentiment, and the move suggests that recent bearish sentiment has eased somewhat.