On May 29, 2026, Coinbase said Coinbase Financial Markets began offering U.S. institutional clients regulated access to global crypto derivatives, starting with Deribit options and with perpetual futures planned for a later rollout. The company said crypto derivatives make up about 80% of global crypto trading volume and cited Deribit data showing more than $31 billion in bitcoin options open interest as of May 28.

CME Group will enable around-the-clock trading for a range of crypto futures and options starting this Friday, covering contracts tied to XRP and Cardano (ADA). The change is designed to better match 24/7 crypto markets, with only a brief weekend maintenance break of at least two hours. CME also cited recent scale metrics for its crypto suite, including $62.87 billion in XRP futures notional volume over the past year.

Hyperliquid's HYPE token climbed to a new all-time high of $66.84 after an initial sell-off tied to the CFTC's approval that enables Kalshi to offer the first U.S.-regulated perpetual futures. The move followed a brief 3% drop to $62 as traders weighed whether a regulated U.S. venue could divert some institutional liquidity from DeFi derivatives.

On 29 May 2026 at 19:24, Bitcoin briefly touched $74,000 after Donald Trump posted what he described as emerging US-Iran deal conditions on Truth Social. The price later eased to $73,700, with traders watching resistance at the 0.382 Fibonacci level of $74,155 and support near the SMA100 at $73,060.

Coinbase said on Friday, May 29 that it received approval from the U.S. Commodity Futures Trading Commission (CFTC) to broaden regulated access to global crypto derivatives for U.S. traders. The exchange said it is now the first CFTC-regulated futures commission merchant (FCM) able to offer crypto perpetual futures and options in the U.S., with institutional access to global options via Deribit. CEO Brian Armstrong added that U.S. users had previously been excluded from about 80% of the global crypto market due to limits around perps and options.

Algorand (ALGO) rose 14% on Friday as some traders shifted attention from Bitcoin (BTC) and Ethereum (ETH) into utility-focused Layer-1 DLT coins, with Stellar (XLM) also showing strength. Technical watchers highlighted a Money Flow Index spike and said ALGO needs to hold above $0.118 to reduce bull-trap risk, while others pointed to a 2023-style pattern that previously preceded a push toward $0.28.

Kalshi said Friday it will seek to launch perpetual futures contracts, starting with crypto perps, positioning them as a regulated option for U.S. traders. The company said offshore perpetuals expanded from $28 trillion in annual volume in 2023 to more than $90 trillion in 2025, and that its products would be offered under Commodity Futures Trading Commission supervision.

Between May 26–28, 2026, NEAR Protocol rose 15%, Worldcoin (WLD) gained 17%, and Render (RNDR) climbed 15% even as Bitcoin fell 7.8% and Ethereum dropped 9.4%. The move came during a risk-off stretch that included $897 million in long liquidations and a Fear & Greed Index reading of 33. The article argues AI-linked tokens are increasingly trading as their own sub-sector, supported by adoption narratives and the $11.78 billion AI agent market estimate for 2026.