BitMEX co-founder Arthur Hayes said the recent Bitcoin selloff was likely driven by dealer hedging linked to iShares Bitcoin Trust (IBIT) structured products. These hedging activities, where market participants adjust positions based on price movements, can amplify volatility. Hayes is also compiling a detailed list of bank-issued notes and related products to identify potential trigger points that could cause sharp Bitcoin swings. He stressed that as market conditions evolve, traders and institutions must adapt quickly to navigate sudden price changes.
The crypto market is falling again, down about 2% and now near $2.27 trillion. Bitcoin,…
On February 27, Bitcoin (BTC) was trading at $65,640, after failing to reclaim the $70K…
In past cycles, headlines like major institutional investments or global tech giants adopting blockchain would…
The XRP Ledger ecosystem is entering what could be its most important transition since its…
The Bitcoin Lightning Network just crossed $1 billion in monthly transaction volume for the first…
Pi Network is reinforcing its utility-first vision with a new framework designed to ensure ecosystem…
