Bitcoin and ether stabilized as derivatives activity rebounded, HYPE rose for a fifth straight day and options traders positioned for a breakout. What to know : Bitcoin rebounded to $77,900 and ether traded near $2,130 as crypto markets steadied alongside stronger U.S. equities and easing oil prices. Hyperliquid’s HYPE jumped 6.5%, extending its seven-day gain to 53%, with derivatives data signaling aggressive bullish positioning. Options traders are increasingly betting on a volatility breakout in bitcoin and ether while altcoin markets remain mixed, with speculative activity rising in smaller tokens.

BitcoinTreasuries.net announced on the X platform that Elon Musk's SpaceX and Tesla hold a total of 30200 bitcoins worth $2.3 billion. If combined, they will become the fifth largest BTC holders in the public market.

According to Hyperinsight monitoring, due to the significant increase in HYPE prices during the day, a total of six whales on Hyperliquid plan to purchase over 10000 HYPE using TWAP. The total planned purchase volume exceeds 119000, with a corresponding amount of approximately $6.8 million. Currently, some orders have been completed. According to existing orders, HYPE's TWAP net buying power will reach $7.05 million in the next 24 hours, an increase of 230% compared to the previous period.

According to TASS News Agency, Ivan Chebyskov, Deputy Minister of Finance of Russia, stated that the Ministry of Finance and the Central Bank plan to finalize the draft law on cryptocurrency market regulation next week and submit it to the State Duma for second reading.

[Manus Plans to Raise $1 Billion for Buyback and Considers Hong Kong Listing] According to Bloomberg, Manus co-founders are exploring options to meet Beijing's requirements to unwind Meta's acquisition, including raising approximately $1 billion from external investors to buy back the Chinese AI company. Sources familiar with the matter revealed that co-founders Xiao Hong, Ji Yichao, and Zhang Tao are discussing a funding round with a valuation at least matching the $2 billion Meta paid. The founders may contribute personal funds to complete part of the transaction. If pursued, the plan could involve establishing a Chinese joint venture with investors first, followed by a Hong Kong IPO.