
Did Mark Cuban Sell Bitcoin at the Bottom?
Mark Cuban sells 80% of his Bitcoin, citing market failures during turmoil.

SpaceX's S-1 filing for a $2 trillion IPO reveals it holds 18,712 BTC worth $1.45 billion, making it one of the top seven corporate Bitcoin holders. XRP remains stagnant until June due to market volatility, while Dogecoin's co-creator mocks unrealistic $20 trillion valuation predictions.
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TL;DR
Elon Musk's aerospace company SpaceX has officially filed an S-1 form with the SEC for a Nasdaq IPO under the ticker SPCX at a valuation of up to $2 trillion. The biggest surprise in the filing was the discovery of 18,712 BTC on the company's balance sheet worth around $1.45 billion, nearly double earlier estimates because the assets had been hidden through custodial services.
The move instantly places SpaceX among the seven largest corporate Bitcoin holders in the world, ahead of both Coinbase and its sister company Tesla. SpaceX entered Bitcoin in 2021 and, despite rumors of aggressive accumulation, has not made transactions since late 2024.

SpaceX holds 18,712 BTC, valued at approximately $1.45 billion.
The IPO filing at a valuation of up to $2 trillion positions SpaceX among the largest corporate Bitcoin holders globally.
XRP is experiencing volatility freeze due to Bollinger Band compression, with a breakout unlikely before the U.S. Senate votes on the Clarity Act in June.
Dogecoin co-creator Billy Markus mocked the $20 trillion valuation prediction, highlighting its absurdity as it exceeds the total value of all the world's gold.

Mark Cuban sells 80% of his Bitcoin, citing market failures during turmoil.

Ethereum's recent price drop triggers accumulation activity among investors.

Shiba Inu (SHIB) experiences a sharp increase in exchange outflows as traders move to self-custody.

XRP Ledger sees a mysterious spike of 300,000 new users, raising suspicions.

Cardano's Charles Hoskinson audits 11,000 DAOs to address governance by 2027.

Bitcoin rebounds to over $74K as total crypto market cap rises by $80 billion.
See every story in Crypto — including breaking news and analysis.
SpaceX Bitcoin holdings dynamics, Source: BitcointreasuriesNET
The S-1 filing highlighted three less obvious trends that Wall Street is discussing right now:
For conservative markets, SpaceX is creating a new type of asset where Bitcoin on a corporate balance sheet is no longer viewed as "another Musk experiment" from 2021.
An extreme Bollinger Band compression has formed on the daily XRP/USD chart by TradingView. The asset is trapped inside a narrow $1.36–$1.37 corridor, effectively turning the broader $1.29-$1.50 range into a dead no-trade zone.
While technical indicators point to a complete volatility freeze, large market participants are quietly restructuring positions behind the scenes, signaling that explosive upside before summer remains unlikely.
The ETF paradox is becoming more visible as capital exits the giants while selectively rotating into altcoins. Last week, crypto ETFs recorded their largest outflow since February at -$1.1 billion, ending a seven-week inflow streak.
Bitcoin lost $982 million while Ethereum saw $249 million in outflows. Against that backdrop, XRP showed localized strength with $68 million in fresh inflows against the broader trend.

XRP/USD dailt price chart with Bollinger Bands, Source: TradingView
Total capital inside spot XRP ETFs has now reached $1.134 billion.
The price slowdown coincided with major portfolio rebalancing. Goldman Sachs fully exited its XRP ETF exposure worth $154 million in favor of other projects. However, the selling pressure continues to be absorbed by other funds amid expectations surrounding the upcoming U.S. Senate vote on the Clarity Act in June.
The XRP chart is now frozen while waiting for a fundamental trigger, as the current Bollinger Band compression effectively rules out a random rally over the coming weeks. A breakout from this "price dam" is unlikely before June, when broader market volatility collides with a political decision from the U.S. Congress.
Dogecoin co-creator Billy Markus once again reminded the crypto industry that calculator numbers should occasionally be compared with reality. On X, one user claimed the market "needs DOGE at a $20 trillion valuation". Markus responded in his usual style, joking that such an outcome would at least make things less boring.
While the creator openly mocks unrealistic math, the industry is still trying to push his 2013 joke into the financial major leagues through real institutional gateways.
A hypothetical $20 trillion valuation would exceed the total value of all the world's gold. For Dogecoin to absorb the global financial system, it would require not tweets, but full-scale infrastructure that still remains stuck in experimental stages.
dogecoin going to $20 trillion wouldn’t be boring
— Shibetoshi Nakamoto (@BillyM2k) May 21, 2026
The main hope for DOGE holders today is integration into Elon Musk's X Payments ecosystem. If the meme coin is added there, it could become a localized payment asset inside one social network, not a global currency.
Bridges into the real world, such as Revolut's recently launched Dogecoin-themed debit card with an LED display, are largely marketing plays. For banks, this is an attractive retail acquisition strategy rather than recognition of DOGE as a legitimate alternative to the dollar.
Billy Markus created DOGE as a parody of Bitcoin, left the project in 2015 to buy a used car, and no longer contributes to development. Technology giants like X and Revolut continue building business models around the meme's recognition, while the coin's own creator still openly laughs at investors expecting trillions out of thin air.
At the time of writing, Bitcoin is stuck inside a range due to pressure from monthly-high exchange reserves and whale profit distribution, though it is receiving short-term support from easing geopolitical tensions in the Middle East.
Medium-term direction across risk assets is now almost entirely tied to Friday's U.S. macro data block, which will shape expectations around Federal Reserve policy.
Key checkpoints: