May 19 turns out to be a regular Monday (boring) Monday – everything seems to strike at the same time! This is a day filled with real world movements which could disrupt or enormously increase the cryptography market.
Calls for high issues of the White House to a Senate vote that reshape the way stabbed is regulated in the United States, many things happen.
Let’s decompose it – what’s going on, why is important and what to look at afterwards.
# 1 Trump, Putin and a ceasefire offer that could calm chaos
President Donald Trump will speak separately with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky today in pressure to guarantee a cease-fire.
“I will speak, by phone, to President Vladimir Putin of Russia on Monday, at 10:00 am”, “ Trump said on Truth Social, aimed at preventing the “bloodbath” killing more than 5,000 soldiers per week and discussing trade.
He also confirmed that he would follow up with the members of Zelensky and NATO.
The geopolitical backdrop is heavy – but this is where the crypto enters the image: research shows that the Russian -Ukraine war directly affects Bitcoin trading volumes. An escalation of 1% in the war would have resulted in a 0.2% drop in BTC activity.
So, if this cease-fire is progressing, don’t be surprised to see a volume bounce and a wider reset on the market.
# 2 XRP term contracts are online on CME – Eyes on $ 2.50?
After months of speculation, it’s official – CME launches the future XRP today! This decision strives to expand its range of cryptographic derivatives and to clarify new institutional strategies.
“We are happy to announce our plans to extend our sequence of cryptocurrency derivatives with the introduction of XRP’s term contracts on May 19, subject to a regulatory review,” said CME.
If it was not clear – it’s a big problem! Not only because CME is the largest exchange of derivatives in the world, but because long -term products often act like a bridge for hedge funds and tradfi institutions that cannot (or cannot) have crypto.
And take a look back. When CME launched regulated bitcoin term contracts at the end of 2017, it coincided with the top of this bull cycle. So, the XRP crowd looks closely: could it be a moment of escape?
For the moment, the lean and bullish signals. The technical indicators suggest that XRP could push around $ 2.50, and the token firm above the key mobile averages. In addition, there is an increasing noise around institutional interest, with the cryptographic strategies of BlackRock and the launch of the ETF XRP in the mixture.
# 3 Coinbase hits the S&P 500 – A historic first for crypto
Coinbase Global (Coin) officially enters the S&P 500 today, replacing Financial Services. What a step!
“Coinbase Global Inc. (NASD: Coin) will replace Discover Financial Services (NYSE: DFS) in the S&P 500 effective before the opening of the negotiation on Monday May 19″, ” said S&P global in a press release.
Founded in 2012, Coinbase has become the greatest exchange of American crypto and the largest Bitcoin goalkeeper in the world. To date, the company has a market capitalization of $ 67.87 billion.
For the crypto, this moment is symbolic and strategic. It’s one thing to talk about adoption – it’s another to see one of the biggest names in the shoulder in the shoulder with Apple, Amazon and JPMorgan on one of the most elite lists of Wall Street. Do you not agree?
# 4 Saylor can be back to buy more bitcoin
Michael Saylor teases yet another big purchase of bitcoin for the strategy (formerly Microstrategy). In a familiar decision, he posted the company portfolio tracker on X, a signal which historically preceded a BTC purchase within 24 hours.
“Never run a man who buys orange ink by a barrel,” he wrote.
The strategy currently has 568,840 BTC worth $ 59 billion, up $ 19.7 billion on the basis of costs. If this next purchase landed, Bitcoin Bulls can simply get the fuel they need to push around $ 110,000.
The crossed fingers.
Stablecoin vote # 5: Genius Act returns to the Senate Floor
The Act on Engineering – A bipartite bill aimed at establishing a federal framework for the payment floors – is back for another vote after having failed earlier this month.
Senator Bill Hagerty said, “Next week, the Senate will make history when we adopt the law on engineering …” adding that the bill “would cement the domination of the US dollar, would protect customers, increase the request for treasury bills …”
Senator Gillibrand echoes the emergency, stressing the role of stablecoins in global finance. If it passes, he will mark the first serious regulatory victory of the United States in crypto – and will finally offer you a certain clarity to the players of Stablecoin.
Conclusion? May 19 was stacked with events that could set the tone for the next phase of the cryptographic cycle. The momentum is building. We will keep you posted.
