SpaceX holds 18,712 BTC; Musk loses to OpenAI; Iran offers bitcoin ship insurance.

SpaceX disclosed reserves of 18,712 BTC; Elon Musk lost his case against Sam Altman and OpenAI; Iran rolled out bitcoin-based ship insurance; and other developments of the past week.

A $77,000 ceiling for bitcoin

The leading cryptocurrency began the week above $78,000, but on May 21 slipped below that level. Continued outflows from bitcoin-ETFs and weak spot demand weighed on the market.

On May 23 the price fell below…