WASHINGTON, May 29, 2026 — The Commodity Futures Trading Commission approved KalshiEX LLC’s BTCPERP Contract, a perpetual futures contract that references the spot price of bitcoin, allowing the product to be listed for trading on Kalshi and made available for clearing as a futures contract.
Bitcoin was on track Monday to post its fourth consecutive monthly loss, marking the longest streak of monthly declines since 2018, according to CoinDesk.
A senior quantitative investment executive at Vanguard has described Bitcoin as resembling a speculative digital collectible rather than a productive financial asset, according to Bloomberg.
Morgan Stanley has filed applications with the U.S. Securities and Exchange Commission to launch exchange-traded funds linked to Bitcoin and Solana, according to Reuters.
Bitcoin marks its 17th anniversary on January 3, 2026, commemorating the mining of its first block — known as the Genesis Block — on January 3, 2009.
Liquidations across major crypto derivatives venues intensified in late December, with short positions accounting for the majority of forced closures as thin year-end liquidity amplified otherwise modest price movements.
Crypto trading activity over the past week has shown a gradual shift toward spot market participation, while derivatives activity has remained contained despite relatively stable price conditions across major assets.
Bitcoin’s recent consolidation has been accompanied by a measurable shift in on-chain behavior, with short-term holders increasingly locking in profits, according to publicly available blockchain data.
Crypto markets are entering a seasonal slowdown as trading volumes and order-book depth decline across major exchanges, reflecting year-end positioning and reduced participation from institutional desks during the holiday period.
Bitcoin and Ethereum markets showed limited directional movement on Tuesday as traders remained cautious ahead of upcoming macroeconomic signals and regulatory developments.
