Invest ideasNews
29 May 2026, 04:00
Trump Backs Crypto Market Structure Bill Ahead Of Senate Fight
President Donald Trump has re-entered the US crypto market-structure debate, saying his administration will codify a “future-proof” framework for digital assets as a Senate fight over the CLARITY Act moves closer. The message ties the White House’s crypto agenda to legislation that would define regulatory boundaries for digital assets, exchanges, custodians, stablecoins and derivatives markets. In a Truth Social post highlighted by Fox Business reporter Eleanor Terrett, Trump framed the issue as a reversal of the Gary Gensler era and a bid to make US crypto policy harder for future regulators to unwind. Terrett said the post marked the first time Trump had publicly weighed in on market structure since March, making the timing notable after the Senate Banking Committee advanced the CLARITY Act earlier this month. “Gary Gensler and the ‘Anti-Crypto Army’ nearly DESTROYED the American Crypto Industry by driving Bitcoin, Crypto Perpetuals, and INNOVATION offshore, but ‘TRUMP’ SAVED IT. America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong. Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters.” NEW: President Trump says his administration is building a “future-proof” digital asset market structure that can’t be undone by “crypto haters.” This marks the first time the president has publicly weighed in on crypto market structure since March. pic.twitter.com/7FNN06Vasy — Eleanor Terrett (@EleanorTerrett) May 27, 2026 The post was quickly echoed by CFTC Chairman Mike Selig, who wrote that, “Thanks to @POTUS’ leadership, America is the Crypto Capital of the World. Bitcoin, Crypto Perpetuals, and INNOVATION are Coming to America.” In Washington, “market structure” is shorthand for the legal architecture that determines whether crypto assets are treated as securities or commodities, which agencies supervise them, and how trading platforms, brokers, dealers, custodians and issuers are regulated. For crypto markets, the stakes are substantial: the framework would shape registration pathways, disclosures, custody rules, consumer protection, AML obligations and market integrity standards. The broader policy direction has been visible since Trump’s Jan. 23, 2025 executive order, which called for support for digital asset growth, self-custody, public blockchain access, dollar-backed stablecoins, fair banking access and clearer jurisdictional lines between regulators. The White House’s July 2025 digital asset working group report later recommended that Congress build on CLARITY by giving the CFTC authority over spot markets for non-security digital assets, while directing the SEC and CFTC to clarify rules for registration, custody, trading and recordkeeping. The stablecoin leg of that agenda has already become law. Trump signed the GENIUS Act on July 18, 2025, with the White House describing it as the first federal regulatory system for stablecoins. The law includes 100% reserve backing with liquid assets such as dollars or short-term Treasuries, monthly public reserve disclosures, marketing restrictions and priority claims for stablecoin holders in insolvency. The unresolved fight is the broader market-structure package. The House passed the Digital Asset Market Clarity Act, or CLARITY Act, in July 2025 by a bipartisan 294–134 vote. The Senate Banking Committee advanced its version on May 14, 2026, in a 15–9 vote, sending the bill toward the Senate floor. The committee vote drew support from two Democrats, though those lawmakers did not commit to backing the final bill. Crypto’s CLARITY Act Heads Toward Senate Fight The Senate version would create a category for ancillary assets, require initial and semiannual disclosures for certain transactions, and introduce a “Regulation Crypto” exemption from SEC registration for some ancillary asset offerings. It would also treat digital commodity brokers, dealers and exchanges as financial institutions under the Bank Secrecy Act, bringing AML programs, customer identification and due diligence into the framework. Trump’s reference to “crypto perpetuals” points to another piece of the agenda: bringing offshore derivatives activity into regulated US venues. Selig said in January that perpetual contracts had become widely used for risk management and price discovery, while arguing that the previous administration failed to create an onshore pathway for those products. He also said the CFTC would explore rules for leveraged, margined or financed retail crypto commodity transactions and a possible new registration category for retail leveraged trading. The bill still faces opposition. Critics have argued that AML provisions are too weak, that political officials should be restricted from profiting from crypto ventures, and that expanded CFTC authority may not fully address investor-protection concerns traditionally handled by the SEC. Bank groups have also focused on stablecoin-yield language, warning that crypto firms could compete for deposits through rewards on stablecoin balances. The timing is becoming a legislative risk in its own right. The CLARITY Act has cleared the Senate Banking Committee, but it has not yet secured a full Senate vote, and any final package still has to survive unresolved fights over AML rules, stablecoin rewards, political-conflict provisions and the division of authority between the SEC and CFTC. The bill also has to fit into a shrinking Senate calendar, with lawmakers facing summer recess, a fall campaign break and the Nov. 3 midterm elections. That leaves a narrowing window for Republicans and pro-crypto Democrats to turn committee momentum into final passage before election politics make a complex market-structure bill harder to move. At press time, the total market cap stood at $2.43 trillion.
29 May 2026, 04:00
Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End
CME Group is moving its regulated cryptocurrency futures and options market to 24/7 trading, a structural shift that could remove one of Bitcoin’s most watched weekend market patterns: the CME gap. For BTC traders, the change matters because the gap has long served as both a technical reference point and a symbol of the mismatch between crypto’s always-on spot market and traditional derivatives hours. Starting May 29, pending regulatory review, CME says its cryptocurrency futures and options will be available around the clock, seven days a week. The exchange framed the change directly: “Trade the market that never sleeps. Manage positions your way, on your time with the confidence of a regulated marketplace.” Is It Bullish Or Bearish For Bitcoin? That adjustment goes beyond bearish or bullish. Under the old schedule, CME Bitcoin futures stopped trading for the weekend while BTC continued to move on spot exchanges. If Bitcoin rallied or sold off before CME reopened, the futures chart printed a visible gap between Friday’s final traded level and the next opening print. Traders then watched those levels closely, often treating them as areas likely to be revisited. The pattern gained traction because many gaps did, in fact, close. A CoinDesk Research from March 2025 found that 79 of the previous 80 CME Bitcoin futures gaps had been filled, implying a historical fill rate of 98.75% for that sample. Later research put the broader historical fill rate lower, often around 70% to 80%. Related Reading: Cathie Wood Doubles Down On $1.25 Million Bitcoin Target That is the central point for price analysis. CME gaps were never a mechanical force pulling Bitcoin to a specific level. They were a product of market structure. When one major regulated derivatives venue was closed while the underlying asset kept trading globally, price discovery continued elsewhere. Once CME reopened, futures, spot and related basis trades often converged again, creating the appearance that the gap had acted as a magnet. CME’s new schedule should largely eliminate that recurring weekend setup. The exchange says crypto futures and options will trade continuously on Globex and ClearPort, including weekends and holidays. Trading from Friday evening through Sunday evening will carry the trade date of the following business day, while clearing, settlement and regulatory reporting will be processed on that next business day. Related Reading: Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup? There will still be maintenance windows. CME says seven-day trading clients will face a daily two-minute pause from 4:00 p.m. to 4:02 p.m. CT from Monday through Friday, along with a two-hour Saturday maintenance window from 2:00 a.m. to 4:00 a.m. CT. Those pauses can still create small discontinuities, but not the same multi-day blank space that previously defined the classic Bitcoin CME gap. For BTC price, the immediate implication is not bullish or bearish. It is structural. A high-profile technical target that traders have monitored for years may lose much of its relevance. The move also reflects the scale of institutional demand. CME said client demand for digital-asset risk management is at an “all-time high,” citing a record $3 trillion in notional volume across its cryptocurrency futures and options in 2025. The exchange also reported 2026 year-to-date average daily volume of 407,200 contracts, up 46% year over year, and average daily open interest of 335,400 contracts, up 7%. At press time, Bitcoin traded at $72,844. Featured image created with DALL.E, chart from TradingView.com
29 May 2026, 03:18
Ethereum Price Warning Signals Strengthen, Downside Risks Stay Elevated
Ethereum price started a fresh decline and traded below $2,020. ETH is now consolidating near $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,020. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,050 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,050 and started a fresh decline, like Bitcoin . ETH price dipped below the $2,020 and $2,000 levels. The price even traded below $1,980. A low was formed at $1,964, and the price is now showing many bearish signs . There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $2,139 swing high to the $1,964 low. Besides, there is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,965, the price could attempt another increase. Immediate resistance is seen near the $2,010 level. The first key resistance is near the $2,020 level. The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,139 swing high to the $1,964 low. A clear move above the $2,050 resistance might send the price toward the $2,085 resistance. An upside break above the $2,085 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,020 resistance, it could start a fresh decline. Initial support on the downside is near the $1,965 level. The first major support sits near the $1,950 zone. A clear move below the $1,950 support might push the price toward the $1,920 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,965 Major Resistance Level – $2,050
29 May 2026, 03:00
Bitcoin whale expands long position to $94 mln, but BTC remains bearish
Bitcoin whale Garret Jin raised his long position to 1268 BTC worth $94.4 million.
29 May 2026, 03:00
Bitcoin Dip Attracts Big Money: Cardone Capital Buys $9.5M More BTC
Around 80% of investors in one of Cardone Capital’s funds had no Bitcoin exposure before the company began shifting its strategy — a detail founder and CEO Grant Cardone himself revealed at the 2026 Consensus conference in Miami earlier this month. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO A Hybrid Model With Big Return Claims The $5.3 billion real estate firm has been quietly reshaping how it invests, folding Bitcoin into property deals under a single LLC structure. Cardone says the approach could produce returns somewhere between 22% and 32%, arguing no traditional real estate investment trust can replicate it because REITs are barred from holding Bitcoin on their balance sheets. The latest move came during a recent price pullback. Cardone announced on X that Cardone Capital had purchased another 130 BTC, worth around $9.5 million at current prices, describing it as a buy on the dip. CardoneCapital adds another 130 BTC on pullback. — Grant Cardone (@GrantCardone) May 27, 2026 A Strategy Built Over Time The purchase is part of a pattern. At the Consensus conference, Cardone disclosed that the company had already put $100 million into Bitcoin as part of a larger transaction that also included $235 million in property. According to Cardone, the two asset types were brought together in one investment vehicle, with real estate providing cash flow alongside the Bitcoin position. GRANT CARDONE JUST BOUGHT $9.5M IN BITCOIN. 👀 130 coins added to Cardone Capital holdings. Smart money accumulates when there’s blood in the streets. Conviction plays @GrantCardone . 🔥 bitcoin:native https://t.co/3GWUqHeFDc pic.twitter.com/xQ0p9vKP7W — CryptosRus (@CryptosR_Us) May 28, 2026 Reports indicate this follows a 2025 acquisition of 1,000 BTC, which was valued at over $100 million at the time. Each subsequent purchase has added to that base while the firm continues expanding its property holdings in parallel. Cardone was clear on one point at the conference: he is not putting real estate on a blockchain. That stands apart from an earlier February announcement in which he said portions of Cardone Capital’s real estate would be tokenized to improve access to collateral and make secondary market trading easier. Cardone’s Broader Bitcoin Views Beyond the fund strategy, Cardone has been vocal about what he wants to see from Washington. He posted on X that US President Donald Trump should push to make the US the global capital of crypto and suggested using revalued gold reserves to fund Bitcoin purchases at the federal level. Related Reading: Crypto Market Sees $1.46B Fund Exodus As Traders Turn Cautious Cardone also recently attended a Trump Coin event at Mar-a-Lago. Whether any of those political positions translate into policy remains to be seen, but his company’s buying activity shows no signs of slowing. Featured image from Pexels, chart from TradingView
29 May 2026, 02:40
Bitcoin Price Extends Decline Rapidly As Key Supports Paves Way
Bitcoin price started a fresh decline below the $74,000 zone. BTC is consolidating and might struggle to stay above the $72,000 support. Bitcoin failed to stay above $75,000 and extended losses. The price is trading below $74,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $73,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,000 and $75,000 levels. Bitcoin Price Extends Losses Bitcoin price failed to stay above the $75,500 support zone . BTC remained in a bearish zone and extended losses below the $75,000 level. There was a move below the $74,200 level. The price even dipped below $73,000. A low was formed at $72,470 and the price is now consolidating losses . It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low. Bitcoin is now trading below $74,000 and the 100 hourly simple moving average. If the price remains stable above $72,000, it could attempt a fresh increase. Immediate resistance is near the $73,800 level. There is also a bearish trend line forming with resistance at $73,750 on the hourly chart of the BTC/USD pair. The first key resistance is near the $74,500 level. A close above the $74,500 resistance might send the price further higher. In the stated case, the price could rise and test the $75,150 resistance or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low. Any more gains might send the price toward the $75,500 level. The next barrier for the bulls could be $76,200. More Downside In BTC? If Bitcoin fails to rise above the $74,500 resistance zone, it could start another decline. Immediate support is near the $72,500 level. The first major support is near the $72,000 level. The next support is now near the $71,200 zone. Any more losses might send the price toward the $70,500 support in the near term. The main support now sits at $70,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $72,500, followed by $72,000. Major Resistance Levels – $73,750 and $74,500.
