News
29 May 2026, 20:19
CFTC Approves First Regulated U.S. Bitcoin Perpetual Futures Contract on Kalshi

The U.S. Commodity Futures Trading Commission has approved the listing of a bitcoin perpetual futures contract on a regulated domestic exchange, opening a new route for crypto derivatives activity inside the United States. The approval allows Kalshi, a CFTC-registered exchange, to list and trade a bitcoin-referenced perpetual contract known as BTCPERP. CFTC Chairman Mike Selig said the agency had delivered on a commitment to bring crypto asset perpetuals into the U.S. regulatory framework. In public remarks shared on X, Selig said the decision created a path for one of the most liquid areas of crypto trading to operate through regulated U.S. venues. Perpetual futures, often called perps, are derivatives that allow traders to speculate on the future price of an asset without a fixed expiration date. Unlike traditional futures, these contracts can remain open as long as margin requirements are met. In crypto markets, bitcoin perpetual futures and other crypto perps have become widely used on offshore exchanges. Kalshi Secures Approval for Bitcoin Perpetual Contract The CFTC said Kalshi’s BTCPERP contract must be listed and maintained in line with the Commodity Exchange Act and other applicable rules. The approval gives Kalshi permission to offer what the agency described as a true bitcoin perpetual contract through a regulated exchange structure. Kalshi is widely known for its prediction market business, but the company has been expanding into broader derivatives products. Chief Executive Tarek Mansour said the approval marked a new phase for the company beyond event contracts. He said regulated onshore perps could support capital allocation and risk management for U.S. users and businesses. The decision places Kalshi among the firms building regulated crypto derivatives products in the United States. Other crypto-native exchanges overseen by the CFTC include Bitnomial, Gemini, and platforms connected to prediction markets. The approval also comes as U.S. regulators review how event contracts, crypto derivatives, and digital asset markets should fit into federal oversight. Coinbase Affiliate Receives No-Action Relief In a related move, the CFTC issued a no-action letter connected to Coinbase Financial Markets. The letter allows the Coinbase affiliate to connect eligible U.S. customers to certain global options and perpetual futures products routed through Coinbase Bermuda. The agency said these products would be treated as foreign futures. The no-action position also permits Coinbase Financial Markets to transfer certain customer digital assets, including bitcoin, ether, and stablecoins, as margin collateral to foreign brokers for those products. Coinbase Chief Legal Officer Paul Grewal described the step as a major industry milestone in a post on X. The move gives Coinbase a regulatory pathway to offer access to crypto perpetual futures and options markets that have largely developed outside the United States. The CFTC action does not carry the same legal weight as a formal rulemaking process. No-action letters, staff guidance, and individual approvals show how the agency currently views certain products, but they can be changed by future regulators or replaced by new laws from Congress. Policy Shift Follows Push to Bring Crypto Trading Onshore The CFTC’s action follows public support from President Donald Trump for expanding U.S. crypto market activity and keeping prediction markets under federal oversight. Trump recently said the CFTC should maintain exclusive authority over the prediction market industry and criticized state-level efforts to restrict platforms such as Kalshi and Polymarket. The White House Office of Information and Regulatory Affairs has also started a policy and economic review of a proposed CFTC framework for prediction markets. That proposal is expected to address event contracts tied to elections, sports, gaming, and other outcomes. Selig said the agency’s approach is aimed at supporting responsible innovation while keeping trading on regulated exchanges with customer protections and market integrity standards. He also said the CFTC’s framework for crypto asset perpetual contracts would seek to limit excessive leverage, volatility, and systemic risk. The agency’s new direction follows broader coordination between the CFTC and the Securities and Exchange Commission on digital asset oversight. Earlier guidance from the two agencies set out categories for certain crypto assets and explained how they could be supervised under existing frameworks. Concurrently. Michael Saylor, executive chairman of Strategy, has also welcomed the CFTC’s move. In a post on X, Saylor said the guidance “advances Bitcoin capital markets” by supporting “24/7 trading, BTC collateral, perpetual futures, options, and regulated access.” He added that the development was “good for BTC holders,” supported the company’s MSTR strategy, and strengthened the role of STRC as Bitcoin-backed digital credit.
29 May 2026, 20:02
Analyst Says XRP and XLM Will Make Millionaires in 2-3 Months. Here’s why

Crypto analyst Steph Is Crypto (@Steph_iscrypto) recently shared a side-by-side chart comparison of XRP and XLM on the daily timeframe. Both assets show a strikingly similar price structure. Each has traded in a defined range for months, compressing between clear support and resistance levels while the broader market moved around them. XRP trades near $1.3193, sitting at the bottom of its range. XLM sits near $0.2040 after recently breaking out from a horizontal channel that confined its movement since February, when the broader market crashed . Both assets are now primed for sharp directional moves. Both $XRP and $XLM will create HUGE numbers of millionaires in the next 2–3 months! pic.twitter.com/rVp5hHc4r2 — STEPH IS CRYPTO (@Steph_iscrypto) May 28, 2026 Reading the Chart The chart shows horizontal support holding on both assets simultaneously. XRP has defended the $1.3163 level multiple times. XLM did the same near $0.1450. The dashed midline on each chart marks the midpoint of the range, which both assets struggled to hold above. XLM recently experienced a breakout after a major announcement. The chart shows a similar projected breakout for XRP that could take it toward $1.9. XLM is trading at $0.2040 and gearing up for a bigger move, and Steph believes both assets will make a huge number of millionaires in the next 2-3 months. XLM Gets a Wall Street Catalyst XLM received a significant institutional development on May 27. The Depository Trust & Clearing Corporation (DTCC) announced plans to connect its tokenized securities infrastructure to the Stellar blockchain . Production testing is scheduled to begin in July 2026. A wider rollout is targeted for October 2026, with broader tokenized assets on Stellar planned for the first half of 2027. The partnership targets faster settlement, greater asset mobility, longer trading hours, cost savings, and lower counterparty risk. XLM surged significantly after the news, while most major assets declined. That kind of price action reflects genuine institutional demand. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 CLARITY Act Clears Key Hurdle for XRP On May 14, the Senate Banking Committee passed the Digital Asset Market Clarity Act with a 15-9 vote. Two Democrats joined all Republicans on the committee to advance it. The bill creates a regulatory framework for digital assets, including cryptocurrencies like XRP, providing the legal clarity that the asset has lacked for years. The Senate Banking and Agriculture Committees will now merge their respective bills before a full Senate floor vote. A White House adviser has suggested that President Trump could sign the bill around July 4. Converging Signals Both charts show the same structure resolving at the same time, and both assets carry fresh institutional catalysts. XLM has a confirmed DTCC partnership. XLM has begun its climb, and once XRP joins, the next few months could be historic for both assets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP and XLM Will Make Millionaires in 2-3 Months. Here’s why appeared first on Times Tabloid .
29 May 2026, 20:00
Is LAB’s current rally real? Price rises 16% on Futures buying

How derivative traders drove LAB's breakout despite ongoing allegations of it being a crypto scam.
29 May 2026, 19:52
Why Ethereum must hold above $1,800 to avoid further sell-off

While Ethereum (ETH) climbed back above $2,000 on Friday, broader market sentiment remains bearish after the asset fell roughly 10% over the past month. The rebound has done little to alter the wider market structure, as ETH continues to trade under pressure after losing momentum from the $2,200–$2,400 range earlier this month. Since then, price action has shifted into a steady decline, with sellers repeatedly rejecting relief rallies and pushing the asset toward lower support zones. Over recent weeks, Ethereum has formed a pattern of lower highs and weaker rebounds, a structure that typically signals ongoing distribution rather than accumulation in spot markets. Attempts to reclaim higher resistance levels have consistently been met with renewed selling pressure, particularly during US trading hours when liquidity tends to be stronger. This has left ETH drifting closer to a key technical and psychological support zone around $1,800. Downtrend pressure intensifies as ETH loses key levels Ethereum’s decline below $2,100 marked a notable shift in short-term market structure. That level had previously acted as a psychological floor for traders, but repeated failures to reclaim it eventually led to a breakdown in momentum. Since then, ETH has struggled to establish a stable base, with intraday recoveries failing to attract sustained follow-through buying. According to CryptoQuant analyst PelinayPA , derivatives data have contributed to the weakness. Funding rates have remained positive even as prices declined, suggesting that long positions are still crowded despite weakening market conditions. This imbalance increases the risk of forced liquidations if downside momentum accelerates further. At the same time, US-listed spot Ethereum exchange-traded funds have recorded persistent net outflows across multiple sessions, reducing a key source of institutional demand and leaving the market more exposed to additional selling pressure. According to derivatives analyst “Skew,” Ethereum’s current structure reflects “fragile positioning,” where leverage remains elevated while spot demand continues to soften. Historically, this combination has often led to sharper downside moves when key support levels fail to hold. Why $1,800 has become the decisive support level The $1,800–$1,750 range has emerged as Ethereum’s most important support area. The region is not only a psychological threshold but also aligns with previous consolidation activity where buyers stepped in during earlier pullbacks. Analysts tracking order book liquidity note that this zone represents one of the final dense areas of historical demand before larger structural gaps open below it. Market data also shows leverage remains heavily skewed toward long positions, making the $1,800 level even more critical. If ETH falls below this range, it could trigger a broader wave of liquidations. In similar past setups, liquidations have accelerated price declines by removing liquidity from already weak spot markets. Below $1,800, the next meaningful support level sits near $1,550, where traders expect price could attempt to stabilise. A breakdown below $1,800 would therefore not only confirm the broader bearish structure but also expose Ethereum to a faster move toward lower support zones. What could help Ethereum hold the $1,800 level Despite ongoing downside pressure, several factors could help Ethereum stabilise around the $1,800 region. One of the more notable signals comes from on-chain activity among large holders. Wallets holding between 1,000 and 10,000 ETH have increased accumulation over recent weeks, reaching a 10-week high in net buying activity. This suggests some large market participants are absorbing supply during the decline rather than exiting positions. At the same time, corrections of this scale often attract long-term positioning from institutional and high-net-worth investors who view deep retracement zones as potential entry opportunities. While this type of accumulation does not immediately reverse market trends, it can slow downside momentum and help establish a consolidation base. For Ethereum to hold the $1,800 level, continued buying from large holders would need to offset ongoing ETF outflows and leveraged selling pressure. If accumulation strengthens while liquidation risk stabilises, ETH could transition into a sideways consolidation phase rather than extending its decline. However, if selling pressure from derivatives markets and spot ETF outflows continues to dominate, the $1,800 support zone is likely to remain under sustained pressure. In that scenario, the market may begin reassessing lower support levels as the next major structural area of interest. The post Why Ethereum must hold above $1,800 to avoid further sell-off appeared first on Invezz
29 May 2026, 19:41
Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading

Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.
29 May 2026, 19:21
BNB Under Pressure: Why Exchange Tokens Are No Longer Pure Defensive Plays

The headline hit before London lunch: another compliance request tied to Binance’s monitorship. Spot books thinned, basis softened, and BNB slipped even as majors steadied. That reflex tells you something has changed about exchange tokens. For years, BNB and peers were treated as quasi-defensive: revenue-linked, buyback-fueled, and supported by sticky utility. In 2026, they’re trading more like flow derivatives with headline gamma. Even when stablecoin balances rise on exchanges , the bid under exchange tokens is no longer automatic. This piece unpacks why the “defensive” label no longer fits, what flows are signaling now, and how to position when the core risk is not only price but platform. The Big Picture: Exchange Tokens in a New Regime Editor's note: Through Q1–Q2 2026 I saw exchange-token behavior split from the old playbook. On headline days tied to venue oversight, BNB underperformed even as BTC drifted or rallied—something market makers I speak with attribute to spread widening and collateral de‑risking. We also tracked a build in stablecoin balances that didn’t immediately convert to turnover, muting burn support. My takeaway from running these dashboards and talking with desks: flows and policy cadence now set the beta for venue tokens. Position sizing and hedges should respect that jump risk. — Idris Calloway Exchange tokens sit at the nexus of venue activity, user incentives, and policy risk. That makes them uniquely sensitive to two forces that define 2026: concentrated liquidity and regulatory overhangs. When either shifts quickly, the price response can be outsized. In 2026, exchange tokens increasingly trade as flow proxies with embedded venue risk. The driver is not just earnings-like mechanics, but where liquidity concentrates and how regulators move. Who is affected? Retail users holding for fee discounts and launchpad access, market makers who post collateral in venue tokens, and funds that historically parked risk in exchange tokens during drawdowns. All three groups are rethinking sizing and hedges as the mechanics that once muted drawdowns now magnify them on headline days. What Once Made BNB Defensive—and What Changed Utility-driven demand was sticky BNB’s early “defensive” reputation came from utility: trading fee discounts, VIP tiering, launch participation, and ecosystem usage across the Binance-branded chain stack. These use cases created predictable baseline demand that didn’t always track the broader market’s swings. Burns acted like a buyback Exchange-token supply sinks—whether formulaic burns or revenue-funded redemptions—functioned like buybacks, cushioning drawdowns when venue activity stayed firm. As long as the exchange’s business was robust and users kept transacting, the supply overhang looked contained. What changed Two structural shifts eroded that cushion. First, flows consolidated into fewer venues, magnifying the impact of any one exchange’s headlines. Second, regulation migrated from theoretical to kinetic, turning monitoring, interviews, and data requests into price catalysts. In this setting, burns remain supportive in trend but cannot offset sudden liquidity air pockets triggered by news or flow rotations. Flows Now Dictate Beta: 2026 Spot Dynamics Binance’s outsized role in spot flows Concentration matters. Recent analysis showed Binance captured 78% of net exchange inflows Month‑to‑Date while representing 24.2% of global spot volume in April 2026 (about $255 billion that month), underscoring how a single venue can steer market microstructure ( CoinDesk Research ). Dry powder parked, not deployed Importantly, the early-May rebound saw the strongest seven‑day stablecoin inflow of the recovery at roughly +$3.6 billion, a sign that capital was arriving on exchanges but not immediately pressing the buy button ( CoinDesk Research ). When sidelined capital waits, venue tokens don’t automatically rally with balances; they need throughput, not just deposits. Spot breadth has weakened globally Glassnode’s Week On‑chain highlighted softening spot internals in recent weeks, with All‑Exchange Spot CVD bias remaining negative, even as Binance’s spot flows “recovered modestly from deeply negative levels.” The takeaway: the market’s broad bid is fragile, and the marginal improvement is concentrated rather than universal ( Glassnode (The Week On‑chain) ). How flow shocks translate into BNB pressure A regulatory headline or risk-off macro print slows aggressive bids. Market makers widen spreads; passive liquidity steps back. Stablecoin inflows sit idle; turnover and fee revenue dip. Expected burn/buyback support weakens at the margin. BNB reprices faster than majors, reflecting venue-specific risk plus cyclicality. In short, a flow-dominant tape means exchange tokens take on higher beta during stress, even if medium-term tokenomics remain constructive. Regulatory Headlines Add Event Risk to Token Holders Regulatory inquiries are not new, but their cadence and specificity create tradable catalysts. On May 7, 2026, the U.S. Department of the Treasury sent a letter to Binance’s independent monitor requesting interviews and records as part of an inquiry into possible sanctions‑related violations ( Bloomberg ). Even without immediate conclusions, such notices change near-term liquidity and hedging behavior. Headline gap risk When venue-specific news breaks, exchange tokens can gap before hedges are in place. Because these tokens often serve as fee or collateral assets on the same venue, local positioning accelerates the move—both down on bad headlines and up when overhangs clear. Collateral and network spillovers BNB’s role within a broader ecosystem (discounts, staking, gas) introduces reflexivity: weaker token prices can tighten collateral loops and dampen on-chain activity, which then feeds back into sentiment and utility demand. Investors should treat this as event risk comparable to earnings or policy days in equities. Token Mechanics Cut Both Ways: Burns, Discounts, Launchpads Supply sinks and utility perks didn’t vanish; they just behave cyclically. During high-volatility periods with risk-off flows, the same mechanics that drive upside can magnify downside by anchoring expectations to throughput that isn’t materializing yet. TokenHome venuePrimary utilitiesSupply sink designNotable dependenciesBNBBinance ecosystemFee discounts, VIP tiers, launch participation, ecosystem gasPeriodic burns/retirements tied to programmatic and ecosystem activityExchange volumes, on-chain usage, policy headlinesOKBOKXFee tiers, jumpstarts, ecosystem utilitiesBuyback/burn programs linked to venue activityOKX market share, campaign cadenceLEOiFinex (Bitfinex)Fee benefits, service discountsRedemptions funded by operating revenues and recoveriesParent balance sheet dynamicsGTGate.ioFee and launch benefits, VIP tiersBurn programs associated with revenuesVenue activity, listing cycles Why “defensive” is conditional These mechanics work best when venue activity is steady and regulatory risk is muted. When activity pauses or headlines arrive, the demand side (trading, launches, staking) and the supply sink (burns) both soften at once. That’s the failure point of the pure defensive thesis. CoinDesk chart from the May 14, 2026 research note showing Binance’s outsized share of net exchange inflows (78%) and its 24.2% share of global spot volume — a visual that links BNB/exchange‑token price action to exchange flow concentration. — Source: CoinDesk Research Positioning for a Mixed Regime Size to headline risk, not just volatility Volatility targeting alone underestimates the jump risk embedded in venue tokens. Consider smaller core positions and define rules for cutting exposure on policy catalysts—regulatory calendars can matter as much as macro prints. Hedge with what trades when you need it BNB/USDT liquidity is deep on its home venue, but cross-venue hedges in majors (BTC, ETH) or broad-market perps can be more dependable during venue-specific stress. The idea is to own hedges that are likely to tighten spreads when your core widens. Watch the right dashboards Track exchange-specific spot volumes, order book depth, and net transfer volumes rather than just total exchange reserves. Recent reads from on-chain and market-structure providers—such as the negative All‑Exchange Spot CVD bias and the uneven recovery in Binance flows—help separate broad risk appetite from venue effects ( Glassnode (The Week On‑chain) ). Plan for utility slippage If you budget holdings for fee discounts, layer in contingencies: What if tiers change? What if launch cadence slows? Treat utility value as variable rather than fixed, especially around review periods or after enforcement news. Reassess treasury practices Projects and desks using exchange tokens as working collateral should model haircuts for stress days. If your operations depend on smooth conversions, define secondary rails—stablecoins on multiple networks, alternative fee assets, or pre-cleared trading limits—so venue shocks don’t halt activity. Risks & What Could Go Wrong Policy escalation: Additional requests or enforcement can trigger liquidity gaps and basis dislocations. Concentration risk: With a large share of flows on one venue, local outages or headlines can ripple through the whole market. Liquidity withdrawal: Market makers step back, spreads widen, and depth evaporates, amplifying token moves. Utility erosion: Changes to fee schedules, staking terms, or launch cadence reduce structural demand. Ecosystem shocks: Smart‑contract exploits or bridge issues on associated chains can impair collateral loops. Stablecoin dynamics: A large inflow that stays idle delays any burn support; a stablecoin shock can force de‑risking. Competitive shifts: Market share loss to other venues dulls long‑run burn trajectories. Exchange tokens carry venue risk. When headlines and flows align negatively, drawdowns can overshoot models anchored to historical burns or fee savings. If you track markets actively, Crypto Daily’s coverage synthesizes on-chain reads, flow trackers, and regulatory developments to frame these turning points. You can follow our latest analysis at Crypto Daily . Frequently Asked Questions Do exchange tokens still act defensively in broad sell‑offs? Sometimes, but less reliably. When stress is macro and venues function normally, utility and burn mechanics can cushion moves. When stress is venue‑specific or flows concentrate sharply, exchange tokens can underperform majors due to headline sensitivity and liquidity withdrawal. Which metrics are most useful for judging BNB’s near‑term path? Focus on spot turnover on the home venue, order book depth, net transfer volumes, and stablecoin inflow versus deployment. Recent data showed concentrated inflows to Binance alongside weak aggregate spot breadth—signals that help parse whether sidelined capital will translate into activity. How do burns influence price during low‑activity periods? Burns are a supportive long‑run mechanic, but their impact scales with throughput and program parameters. In quiet tapes or during regulatory uncertainty, the incremental support can be too small to offset liquidity air pockets and wider spreads. What specific regulatory news moved BNB recently? On May 7, 2026, Bloomberg reported a U.S. Treasury letter to Binance’s independent monitor requesting interviews and records regarding possible sanctions‑related violations. Such inquiries can affect near‑term liquidity and risk appetite even without immediate outcomes. Could large stablecoin inflows support BNB soon? They could, but timing matters. A notable seven‑day inflow in early May signaled fresh capital on exchanges, yet much of it stayed as “dry powder.” Until it’s deployed into trading activity, the direct uplift to venue tokens may be limited. Are other exchange tokens facing the same dynamics? Yes, to varying degrees. Tokens with fee and launch utilities plus burn programs benefit from activity but share exposure to venue concentration and regulatory cycles. Differences in market share, treasury policies, and ecosystem breadth shape idiosyncratic outcomes. What’s a pragmatic hedge for exchange‑token exposure? Many desks offset with liquid majors or broad‑market perps, aiming for instruments that hold tight spreads during venue‑specific stress. The goal is to hedge the beta and liquidity shock, not just direction. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.










































