Israel's Capital Market Authority has approved Bits of Gold to launch BILS, a stablecoin fully backed and pegged 1:1 to the Israeli new shekel on Solana after a multiyear pilot. Development involved Fireblocks and auditing was provided by EY, with the initial rollout limited under strict risk, security, and reporting conditions.

Patrick Witt, the White House's top crypto adviser, told attendees at Bitcoin 2026 in Las Vegas that the Trump administration expects to announce a significant update to the Strategic Bitcoin Reserve in the coming weeks. Witt, executive director of the President's Council of Advisors for Digital Assets, said his team has made progress on the legal framework supporting the reserve and aims to move before new legislation is introduced on Capitol Hill. The U.S. government currently holds about 328,372 BTC—valued near $25 billion at recent prices—making it the largest known sovereign holder of Bitcoin and accounting for roughly 1.56% of circulating supply. The holdings were accumulated primarily through criminal forfeitures and law-enforcement seizures rather than market purchases. An executive order issued by Trump in March 2025 instructed federal agencies to consolidate those bitcoins into the reserve and prohibited future Treasury sales. Witt said the executive order alone does not provide a lasting guarantee: without congressional action, the no-sale stance remains a policy choice of the current administration rather than a permanent statutory protection. Over the past year, federal departments have been cataloging and pooling bitcoin from multiple forfeiture channels into a unified custody structure. Witt indicated that this internal consolidation effort has set the stage for the forthcoming announcement. Witt, who assumed the role after Bo Hines left the Crypto Council, did not provide details, describing the next step as substantive rather than merely procedural. In Washington, lawmakers are expected to view the late-2026 National Defense Authorization Act markup as a plausible path to codify the reserve. If reserve language survives that process, the bitcoin could become a permanent national asset backed by statute—a development some analysts associate with potential upside for BTC. Markets are watching whether the announcement points to new acquisition approaches, changes in custody arrangements, or clearer accounting. Witt's comments suggest the administration may be preparing to move beyond legal interpretation and toward concrete implementation. Any proposed framework is expected to face scrutiny from crypto czar David Sacks and lawmakers monitoring Senate activity on reserve infrastructure. The coming weeks will test whether the executive branch can translate custody mechanics into a durable federal Bitcoin policy.

Jack Dorsey's fintech firm Block reported holding 28,355 BTC, valued at roughly $2.2 billion, in its latest third-party audited proof-of-reserves filing. The company said 19,357 BTC are held on behalf of customers, while 8,997 BTC sit in its corporate treasury, currently valued at $692.3 million. The disclosure ranks Block as the world's 14th-largest corporate Bitcoin holder, just behind Trump Media based on recent corporate treasury standings.

ChainCatcher reports that Arkham data shows Bitmine has newly staked about $214 million in ETH. Bitmine's total staked ETH holdings are valued at roughly $8.45 billion, representing 9.5% of all ETH staked on the network.

Sen. Thom Tillis (R-N.C.) said he will vote against the CLARITY Act unless the Senate adds explicit ethics language addressing President Donald Trump's crypto ties, creating a new hurdle for the bipartisan support Republicans need to advance the legislation. Tillis, a senior member of the Senate Banking Committee and a participant in the negotiations, said the bill must include an ethics provision before it leaves the Senate. Without it, he would shift from helping negotiate the package to opposing it, according to reports. The dispute is focused on the Trump family's expanding crypto footprint, estimated to exceed $1 billion. The portfolio includes World Liberty Financial, a stablecoin known as USD1, a Trump-branded memecoin, and broader digital-asset ambitions tied to Trump Media and Technology Group. Democrats argue that passing light-touch crypto rules while the president's family profits from the sector presents a clear conflict of interest. Sen. Ruben Gallego (D-Ariz.), who has indicated general support for the CLARITY Act, said there will be no final bill absent a bipartisan agreement on ethics provisions. Sen. Adam Schiff (D-Calif.), who is leading Democratic negotiations alongside Gallego, said talks are moving again after months of stalemate, with gaps narrowing. Democrats are pushing for a prohibition on federal employees, including the president, sponsoring, endorsing, or issuing digital assets. On the Republican side, negotiations are being handled by Sens. Cynthia Lummis (R-Wyo.) and Bernie Moreno (R-Ohio), working with White House crypto adviser Patrick Witt. Adding ethics language may prove procedurally difficult. The Senate Banking Committee, which has jurisdiction over the bill, does not directly control Senate ethics rules, meaning any such provisions may need to be attached through a separate mechanism before a full Senate vote. With midterm elections approaching and time on the legislative calendar tightening, Tillis's stance raises the pressure on the White House to accept stronger ethics constraints if it wants to keep the bill on track ahead of an expected May markup. Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Coin Edition is not responsible for any losses resulting from the use of referenced content, products, or services. Readers should exercise caution before taking action related to any company.

ChainCatcher reports that Bitcoin slipped below $77,000 as U.S. spot Bitcoin ETFs posted a net outflow of $263.2 million, ending a nine-day run of net inflows. The shift comes just ahead of this week's Federal Reserve FOMC meeting, injecting caution into an April rebound that has otherwise held up well. Bitcoin fell on the day but is still up about 15% over the past month, after briefly touching $79,000 in April. The break in ETF inflow momentum is drawing attention as it lands during a macro-heavy week, with markets weighing the Fed's policy outlook, fresh inflation worries, GDP data, earnings from major tech firms, and additional rate decisions from central banks across Europe and Asia. Timothy Misir, BRN's Head of Research, said crypto entered the week with supportive momentum, but competing forces make it hard to frame the move as a straightforward risk-on rally. He added that investors appear to be showing "war fatigue" over the Middle East, while central banks are balancing supply-driven inflation against weakening confidence and uneven data. Glassnode echoed the mixed backdrop in its latest Weekly Pulse report, describing Bitcoin as sitting at the intersection of "bullish momentum, cautious sentiment, and consolidation." It said solid buying pressure is being offset by softer speculative participation and lower trading activity. QCP Capital noted that April still delivered a meaningful rebound and said the broader outlook remains constructive. The firm highlighted $82,000 as a key level, with a nearby CME gap seen as the next major test. Andy Baehr, Managing Director of Asset Management at GSR, said prices are "gradually moving higher," while $80,000 remains an important psychological threshold.

BlockBeats reported that Bitcoin slipped below $77,000 on April 28 after U.S. spot Bitcoin ETFs posted a $263.2 million net outflow on April 27, breaking a nine-day streak of net inflows. The reversal comes ahead of this week's FOMC meeting, tempering what had been a resilient rebound through April. Despite the day's pullback, Bitcoin is still up about 15% over the past month and briefly touched $79,000 in April. The pause in ETF inflow momentum stands out as markets head into a macro-heavy week, with investors weighing the Federal Reserve's path, renewed inflation worries, GDP data, earnings from major tech firms, and additional rate decisions from central banks in Europe and Asia. BRN Research Director Timothy Misir said crypto entered the week with encouraging momentum, but the number of competing forces makes it hard to call the move a straightforward risk-on rally. He added that investors are showing signs of "war fatigue" over the Middle East, while central banks juggle supply-driven inflation against fading confidence and uneven data. Glassnode echoed the cautious tone in its latest Weekly Pulse report, describing Bitcoin as a blend of bullish momentum, wary sentiment and consolidation, with strong buying pressure offset by softer speculative participation and lower trading activity. QCP Capital said April still delivered a meaningful rebound and the broader outlook remains constructive, though it flagged $82,000 as a key level, with a nearby CME gap seen as the next major test. Andy Baehr, Managing Director at GSR Asset Management, said prices are trending "upward gradually" and called $80,000 a key psychological marker.

Bitmine has staked an additional $214 million in ETH, according to Arkham data cited by Odaily Planet Daily. The firm now holds about $8.45 billion worth of staked ETH, representing roughly 9.5% of the network's total staked ETH.

Block, led by Jack Dorsey, bought 114 Bitcoin in the first quarter, lifting its corporate treasury holdings to 8,997 BTC, valued at roughly $691 million. Including customer funds, the company holds a total of 28,355 BTC worth approximately $2.2 billion.