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.
MoonPay has secured an Electronic Money Institution (EMI) license from the Dutch Central Bank, opening…
Senator Cynthia Lummis says the CLARITY Act will not fail over ethics concerns. But the…
XRP is trading at $1.44, up 2.3% today and 4.6% over the past week, as…
The PONS price has already delivered a spectacular run, and one whale is still sitting…
Intel shares climbed 8% after the company said it would raise PC processor prices by…
XRP is trading at $1.43, up 3.8% on the day and 4.2% over the week,…
