Top 5 Crypto Events to Watch Today
Could nineteenth is popping out to be nothing like a daily (boring) Monday – all the things appears to be hitting without delay! It is a day filled with real-world strikes that might both disrupt or immensely enhance the crypto market.
From high-stakes calls from the White Home to a Senate vote that reshape how stablecoins are regulated within the U.S., there’s so much taking place.
Let’s break it down – what’s taking place, why it issues, and what to observe subsequent.
#1 Trump, Putin, and a Ceasefire Bid that May Quiet the Chaos
President Donald Trump will communicate individually with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky as we speak in a push to safe a ceasefire.
“I will likely be talking, by phone, to President Vladimir Putin of Russia on Monday, at 10:00 a.m.,” Trump mentioned on Reality Social, aiming to cease the “massacre” killing over 5,000 troops every week and to debate commerce.
He additionally confirmed he’ll comply with up with Zelensky and NATO members.
The geopolitical backdrop is heavy – however right here’s the place crypto enters the image: research shows the Russia-Ukraine conflict immediately impacts Bitcoin buying and selling volumes. A 1% escalation within the conflict reportedly causes a 0.2% drop in BTC exercise.
So, if this ceasefire progresses, don’t be shocked to see a quantity bounce and a broader market reset.
#2 XRP Futures Go Dwell on CME – Eyes on $2.50?
After months of hypothesis, it’s official – CME is launching XRP futures as we speak! The transfer works to develop its crypto derivatives lineup and clear the way in which for brand new institutional methods.
“We’re happy to announce our plans to develop our suite of cryptocurrency derivatives with the introduction of XRP futures on Could 19, topic to regulatory evaluate,” CME mentioned.
If it wasn’t clear – this can be a huge deal! Not simply because CME is the world’s largest derivatives alternate, however as a result of futures merchandise typically act as a gateway for hedge funds and tradfi establishments that may’t (or gained’t) maintain spot crypto.
And let’s have a look again. When CME launched regulated Bitcoin futures in late 2017, it famously coincided with the highest of that bull cycle. So the XRP crowd is watching intently: might this be a breakout second?
For now, indicators lean bullish. Technical indicators counsel XRP might push towards $2.50, and the token is holding agency above key transferring averages. Plus, there’s rising noise round institutional curiosity, with BlackRock’s crypto methods and the XRP ETF launch each within the combine.
#3 Coinbase Hits the S&P 500 – A Historic First for Crypto
Coinbase International (COIN) formally enters the S&P 500 as we speak, changing Uncover Monetary Providers. What a milestone!
“Coinbase International Inc. (NASD: COIN) will change Uncover Monetary Providers (NYSE: DFS) within the S&P 500 efficient previous to the opening of buying and selling on Monday, Could 19,” mentioned S&P International in a launch.
Based in 2012, Coinbase has grown into the biggest U.S.-based crypto alternate and the world’s largest Bitcoin custodian. As of as we speak, the corporate holds a market cap of $67.87 billion.
For crypto, this second is symbolic and strategic. It’s one factor to speak about adoption – it’s one other to see one of many largest names within the house sit shoulder to shoulder with Apple, Amazon, and JPMorgan on one in every of Wall Road’s most elite lists. Wouldn’t you agree?
#4 Saylor Could Be Again to Purchase Extra Bitcoin
Michael Saylor is teasing YET one other huge Bitcoin buy for Technique (previously MicroStrategy). In a well-known transfer, he posted the agency’s portfolio tracker on X, a sign that’s traditionally preceded a BTC purchase inside 24 hours.
“By no means quick a person who buys orange ink by the barrel,” he wrote.
Technique at present holds 568,840 BTC value $59 billion, up $19.7 billion from value foundation. If this subsequent purchase lands, Bitcoin bulls may get the gasoline they should push towards $110K.
Fingers crossed.
#5 Stablecoin Vote: GENIUS Act Returns to Senate Flooring
The GENIUS Act – a bipartisan invoice aiming to ascertain a federal framework for cost stablecoins – is again for an additional vote after falling quick earlier this month.
Senator Invoice Hagerty mentioned, “Subsequent week, the Senate will make historical past after we go the GENIUS Act…” including that the invoice would “cement U.S. greenback dominance, defend prospects, improve demand for U.S. treasuries…”
Senator Gillibrand echoed the urgency, stressing stablecoins’ position in international finance. If this passes, it’ll mark the U.S.’s first severe regulatory win in crypto – and at last provide some readability to stablecoin gamers.
Backside line? Could 19 is stacked with occasions that might set the tone for the subsequent section of the crypto cycle. Momentum is constructing. We’ll maintain you up to date.
