SpaceX Reveals Major Bitcoin Holdings and Hyperliquid Overtakes Solana

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SpaceX made headlines today in the crypto world after revealing the contents of Bitcoin in its initial public offering (IPO), during which the Hyperliquid platform changed its power by exceeding the greatly reduced market value (FDV) of the Solana network, while the Korean funeral company lost millions of dollars due to a profitable failure. These issues are becoming more and more common in social media discussions.

Hyperliquid jumped to the top of the market when it reached the lowest price of $ 54 billion, more than Solana. The HYPE token associated with the platform recorded gains of 20%, surpassing all major funds during the current wave, showing the platform’s commitment to sustainable trading as the meme season on the Solana network ends.

Hyperliquid has converted Solana and FDV. pic.twitter.com/rDF5FRg4TK

– Arkham (@arkham) May 21, 2026

Hyperliquid moves with SpaceX, Circle and Coinbase issues amid bleeding in the market

The SpaceX pre-IPO listing is now available on Binance (SPCXUSDT) and Hyperliquid. This development injects more fuel into the HYPE coin rally, building on the momentum generated by the Circle and Coinbase news. This shows the maturity of the Hyperliquid environment in the midst of volatile markets and the changing environment.

Returning to the news of SpaceX, the company revealed in its IPO file that it has 18,712 bitcoins, which has a value of $ 1.45 billion today. This number exceeds our expectations, confirms SpaceX’s commitment to crypto as a means of saving money, and shows the widespread interest in the adoption of digital assets.

Market reaction to the SpaceX news has been mixed but mostly positive, and many see it as a true endorsement of Bitcoin’s value. The company continues to push the boundaries not only in space, but also in economics, in keeping with the trends in the industry in terms of product diversification and long-term cost savings.

Based on the tragedy of a Korean funeral company

Elsewhere, South Korean funeral firm Bumo Sarang lost $33 million in prepaid client funds after betting on a 2x acquisition of BitMine ETF, a deal that ended up falling through. The company’s decision to use customer funds in high-risk businesses has raised questions about its corporate responsibility.

– to be an Earth Nest
– one of the largest funeral companies in South Korea

– manages prepaid funeral expenses from thousands of families

– instead of handling it properly
– starts buying leveraged crypto-related ETFs

– especially BMNU
– 2x fixed daily ETF linked to… https://t.co/JqIZCzxyS9 pic.twitter.com/VbRewfvp6Y

– StarPlatinum (@StarPlatinum_) May 20, 2026

The Korean funeral industry incident is a stark reminder of the dangers of crypto trading outside the sector, but it also shows how non-crypto-related companies are beginning to adopt institutionalization.

In line with this, Nakamoto, a well-known company on crypto safes, is planning a 1 to 40 split, after a huge fall in the price of its shares by 99%. The plan aims to increase business confidence and meet the future needs of the stock markets.

At the same time, Bitcoin exchange-funds (ETFs) saw another $1 billion in outflows as investor sentiment stabilized, with the latest wave reaching $648 million amid scrambles to increase Wall Street and take profits. This year has been a difficult one for the financial and mining industry.

In other less-than-cautious news, Trump’s executive order put Kraken, Ripple, Coinbase, and Circle in line for access to the Federal Reserve’s payment system, which is being described as a major crypto victory. With this, we can see a great connection with the traditional banking system.

The Federal Reserve has proposed limited master accounts that crypto companies have long sought to improve access to banking and reduce reliance on traditional brokers. Meanwhile, US Treasury sanctions have been targeting drug traffickers who make profits through crypto channels, as part of efforts to crack down on illegal activities.

JUST BE: President Trump is ordering the US government to change the rules to integrate crypto into the traditional financial and payment systems.

— Watcher.Guru (@WatcherGuru) May 20, 2026

In contrast, Singapore revoked Bsquared’s crypto license due to serious compliance violations. The decision sends a strong signal to Asian regulatory agencies, as they prepare Japan Opening its payment system to foreign stablecoins from June 1, as part of efforts to modernize the currency and attract international business.

A note SpaceX Reveals Major Bitcoin Holdings and Hyperliquid Overtakes Solana appeared for the first time Cryptonews Arabic.

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