Jupiter Strategic Reserve Trust Fund has increased its holdings by approximately 315,000 JUP, bringing the total position value to around $24.43 million.

May 18: French Bitcoin reserve company Capital B announced it will spend €13 million to increase its Bitcoin holdings by 192 bitcoins, a purchase totaling roughly $14.76 million. The firm’s current total Bitcoin reserves stand at 3,135 BTC, with a 1.82% year-to-date yield on its Bitcoin portfolio.

May 18th: According to Hyperinsight monitoring, during recent market volatility, two major institutional liquidity provider (LP) addresses on the Hyperliquid platform conducted synchronized large-scale selling or withdrawal activities, with an estimated total scale of up to $100 million. Specifically, over the past two hours, the Auros Global LP address liquidated all its positions on the platform and withdrew approximately $6 million to Binance. Earlier, this LP had provided liquidity for 175 tokens on the platform, with its BTC liquidity pool alone reaching up to $45 million. Meanwhile, the address of prominent liquidity provider Wintermute has significantly cut its market-making exposure on Hyperliquid. Hyperinsight compared current data with previous records and found that its liquidity provision for BTC and ETH has dropped by roughly 90%. Previously, its combined liquidity for these two major tokens was around $40 million, which has now plummeted to $4 million. Though Wintermute

On May 18, South Korea’s Financial Services Commission (FSC) Virtual Asset Department is reviewing whether KEB Hana Bank’s acquisition of Kakao Investment violates the "Financial and Virtual Asset Separation" rule. KEB Hana indirectly holds roughly 6.55% of Dunamu—the parent company of crypto exchange Upbit. The FSC has clarified that it applies the same review standards to indirect investments, stressing the rule has not been relaxed. The deal could be scrapped if it is deemed non-compliant. The separation rule has been enforced via administrative guidance since 2017 to insulate financial institutions from virtual asset risks. Currently, no specific law codifies the rule, but it may be incorporated into South Korea’s upcoming digital asset legislation.

On May 18, reports confirmed Elon Musk’s SpaceX is in the final preparation stages for its Nasdaq debut, with a potential pricing date as early as June 11 and an official listing set for June 12. Musk has made clear he will not sell any personal shares in the company, retaining full control via SpaceX’s super-voting share structure. Earlier this year, Musk outlined SpaceX’s core mission at the World Economic Forum: “Our goal in founding SpaceX is to safeguard the future of human civilization—ensuring consciousness never fades. We’re like a tiny candle in the vast dark, working to extend life and consciousness beyond Earth: to the Moon, Mars, and eventually other galaxies.” He emphasized that consciousness and life are fragile, and humanity has no proof of extraterrestrial life, so life is almost certainly unique to our planet. That makes multiplanetary survival non-negotiable: if disaster strikes Earth, humanity and its consciousness can keep thriving. That’s SpaceX’s entire purpose.

May 18 update: Per Coinbob’s Telegram-based Popular Address Tracker, leading Hyperliquid trader “Loracle” pulled in nearly $2 million in gains by shorting CBRS (Cerebras)—marketed as “NVIDIA’s strongest AI challenger”—during the latest market sell-off. Starting yesterday morning, Loracle has been systematically taking profits on this CBRS short: his position size has dropped from $11.3 million to $6.47 million, with an unrealized profit of $1.52 million (a 40% return). To recap context: Cerebras (CBRS), the AI startup pegged as NVIDIA’s top rival, rallied sharply on its Nasdaq debut last week—prompting Loracle to open a short position on the stock. Earlier, after Mizuho Securities raised its buy-target price, Loracle established an $8 million short position on SNDK. He’s now locking in partial profits here too, trimming the position to $5.1 million, with an unrealized gain of $0.85 million (a 57% return). As of press time, both short positions on these two U.S. stocks are stil

On May 18, Upbit will list TRAC, offering trading pairs against KRW, BTC, and USDT.