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28 May 2026

Largest IBIT trade, ever

BTC nosedived in a relatively quiet crypto news week marked by Trump's support for crypto legislation, the CFTC's Gemini U-turn, and ICE's onchain ambitions, while we take a closer look at the largest known IBIT block trade to date.
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Trump vows to codify crypto market structure
President Donald Trump said he will push to enshrine a "future-proof" regulatory framework for digital assets into law, arguing that former SEC Chair Gary Gensler's policies drove crypto innovation overseas. In a Truth Social post, Trump pledged that his administration would support the growth of the crypto industry in the U.S. and prevent future anti-crypto policies from reversing progress.His comments come as the Clarity Act, a bill designed to establish a comprehensive framework for digital asset regulation, advances through Congress. However, analysts say the legislation still faces significant hurdles, including the need for broader Democratic supp
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