Cryptocurrency News & Market Updates

Introducing Kraken Prop: trade with our money, not yours
Introducing Kraken Prop: trade with our money, not yours

That’s the reality for most traders. You have the strategy, the discipline, the instincts. What you don’t have is $200,000 sitting around to put to work. Until now.

May 27, 20263 min read


GDP and PCE tomorrow morning; SpaceX IPO timeline accelerates
GDP and PCE tomorrow morning; SpaceX IPO timeline accelerates

TL;DR

  • PCE and the Q1 GDP second estimate release simultaneously at 8:30 a.m. ET on May 28, 2026, providing a key late-May inflation-and-growth update before the June 16–17 FOMC.

  • SpaceX filed its public S-1 on May 20. Reuters has reported a possible raise of about $75 billion at roughly a $1.75 trillion valuation, while other market coverage has discussed a valuation approaching $2 trillion. Reuters’ latest reported timeline points to a roadshow launch targeted for June 4, pricing as early as June 11, and Nasdaq trading as early as June 12 under ticker SPCX, though these dates remain subject to SEC review and market conditions.

  • May NFP releases June 5 and May CPI releases June 10, completing the major labor-and-consumer-inflation picture before Chair Warsh’s first FOMC press conference on June 17.

  • As of May 21, CoinDesk reported that roughly $6.25 billion in BTC options were positioned for May 29 expiry on Deribit, with max pain at $75,000 and the $80,000 call strike holding about $532 million in notional value.

PCE and GDP second estimate: May 28, 2026

At 8:30 a.m. ET tomorrow morning, the Bureau of Economic Analysis publishes two separate datasets simultaneously. Together, they provide the clearest read yet on whether the US economy entered Q2 with growth and inflation moving in opposite directions.

May 27, 20268 min read

CTR is available for trading!
CTR is available for trading!

May 26, 20262 min read