cyptonews

Bitcoin’s recent pullback may have had less to do with macro fear or weak fundamentals—and more to do with institutional mechanics happening behind the scenes, according to BitMEX co-founder Arthur Hayes.

In a post on X, Hayes argued that the latest Bitcoin selloff was likely driven by dealer hedging activity tied to structured products referencing BlackRock’s iShares Bitcoin Trust (IBIT), rather than broad market sentiment.

The Role of IBIT-Linked Structured Products

Structured products linked to spot Bitcoin ETFs like IBIT have become increasingly popular among institutional and high-net-worth investors. These products are typically issued by banks and often include embedded options, leverage, or yield-enhancement features.

Because of their structure, dealers issuing these products must actively hedge their exposure—either in the spot Bitcoin market or through derivatives such as futures and options. When Bitcoin prices move sharply, these hedging requirements can trigger mechanical buying or selling, independent of fundamentals.

“BTC dump probably due to dealer hedging off the back of $IBIT structured products,” Hayes wrote, suggesting that the recent selling pressure was largely structural.

Mechanical Selling and Feedback Loops

Hayes explained that these hedging flows can create short-term feedback loops, especially during periods of heightened volatility. As prices fall, dealers may be forced to sell more Bitcoin to maintain delta-neutral positions, amplifying downward moves even when demand remains strong.

This helps explain why Bitcoin has faced renewed selling pressure despite steady inflows into spot Bitcoin ETFs in recent months.

Mapping the Hidden Triggers

To better understand these dynamics, Hayes said he is now working to compile a comprehensive list of all bank-issued structured notes tied to Bitcoin and crypto-related ETFs.

His goal is to identify key trigger points such as:

Knock-in and knock-out levels

Delta thresholds

Rebalancing or reset events

Any of these could cause sudden and aggressive price swings, both to the downside and upside.

A Shift From Previous Crypto Cycles

According to Hayes, this represents a major shift from earlier crypto market cycles. In the past, Bitcoin price action was driven mainly by:

Retail speculation

Offshore leverage

Macro liquidity conditions

Today, institutional positioning, options markets, and structured products play a much larger role in shaping short-term price behavior.

“As the game changes, you must as well,” Hayes noted, emphasizing that traders can no longer ignore traditional finance mechanics when analyzing Bitcoin.

Bitcoin’s Evolving Market Structure

Hayes’ remarks highlight how Bitcoin’s integration into traditional financial products is reshaping market dynamics. While this evolution brings deeper liquidity and broader adoption, it also introduces new sources of volatility that are less intuitive for retail traders.

As banks continue expanding their issuance of crypto-linked structured notes, understanding dealer hedging, derivatives exposure, and institutional positioning may become essential for navigating Bitcoin’s next phase.

#BinanceSquare #BTC #Cyptonews

Massive Bitcoin$BTC
buying is pushing the fund to new highs — but it's dumping equities to do it. 👀
📉 Stocks out, 🟧 BTC in.
🕒 59 mins ago
#bitcoin #Cyptonews #BNBToken

Key Takeaways:
Ethereum’s price rise led to substantial market liquidations.
Traders affected as $400M in derivatives positions liquidated.
Short positions composed nearly 80% of liquidated assets.
Ethereum Surge Triggers Massive Liquidations Amid Market Rally
Over $400 million in crypto derivatives were liquidated as Ethereum surged toward $4,000, affecting nearly 115,000 traders, primarily on major exchanges like HTX.

The mass liquidations highlight the volatility of crypto markets, driven by regulatory signals and potential ETFs, leading to increased trading and impacts on major assets like ETH and BTC.

Over $400 million in crypto derivatives were liquidated as Ethereum surged toward $4,000. Nearly 80% affected short positions. The event marked one of the largest single-day liquidations in 2025 across major assets including ETH, BTC, and XRP.

Major exchanges saw mass liquidations, with HTX recording the largest single liquidation at $34.28 million in the ETH/USDT pair. Eric Trump’s warning against bearish Ether bets aligned with analyst predictions of potential gains if resistance levels are breached.

The surge attributed to policies, including crypto 401(k) access proposals, led to increased institutional interest. Price movement triggered optimism, particularly around Ethereum $ETH
ETF demands , with ETH liquidations peaking at $187 million.
Financial and regulatory shifts, such as Ripple v. SEC resolution, boosted market sentiment. Institutional flows were evident, reflecting policy impacts and potential bullish buying amidst liquidations of over-leveraged shorts.
Prevailing market conditions saw unexpected liquidations as assets like BTC $BTC
and XRP$XRP
faced similar price movement. Indicators suggested speculative trading behavior.
Historical patterns suggest that periods of price volatility often trigger large liquidations, especially during Ethereum rallies. Analyst sentiment indicates that while bullish momentum exists, volatility risks persist, affecting trading strategies.

Eric Trump, Public Figure, “Warned against bearish bets on Ether, urging caution amid the recent price action.” He aligned with analysts predicting a potential rally if resistance is broken.
#ETHETFsApproved #ETHBreaks4000 #Cyptonews

$EOS was trading at $0.6237 by 23:00 (03:00 GMT & 8 PKT ) on the Investing.com Index on Monday, down 10.03% on the day. It was the largest one-day percentage loss since October 1.

The move downwards pushed EOS’s market cap down to $0.0000, or 0.00% of the total cryptocurrency market cap. At its highest, EOS’s market cap was $17.5290B.

$EOS had traded in a range of $0.6237 to $0.6313 in the previous twenty-four hours.

Over the past seven days, EOS has seen a stagnation in value, as it only moved 1.95%. The volume of EOS traded in the twenty-four hours to time of writing was $888.3851K or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.5156 to $0.7091 in the past 7 days.

At its current price, EOS is still down 97.29% from its all-time high of $22.98 set on April 29, 2018.
#Cyptonews
$SOL

As of June 1, 2025, at 11:02 AM, Binance Coin (BNB) is trading at $655.34, showing a slight upward movement of +0.33% in the last 24 hours. The pair has recorded a 24h high of $661.42 and a low of $652.10, reflecting some intraday volatility. Let’s take a closer look at the chart and volume data to forecast possible price action for BNB/USDT in the near term.
Price and Moving Averages
MA (7): $655.69
MA (25): $657.32
MA (99): $659.79
The current price is hovering just below the short-term moving averages, suggesting some resistance from higher moving averages, particularly the MA(99), which is acting as a longer-term resistance level.
The price attempted a rally towards $661.42 but faced rejection and is currently consolidating in a narrow range. This indicates a possible trend indecision or a minor bullish pause before the next breakout attempt.
Volume and Market Sentiment
24h Volume (BNB): 111,501.87
24h Volume (USDT): $73.17M
The volume bars show a mix of green and red, with the last few hours dominated by moderate selling pressure. This aligns with the slight decrease in today’s MA by -0.30%. Despite that, monthly and yearly performance remain positive, with 30-day and 1-year returns of +9.01% and +10.44% respectively, indicating a broader uptrend.
The Order Book suggests a mild bearish bias in the short term with:
Bid-to-Ask Ratio: 42.66% (Buyers) vs 57.34% (Sellers)
This imbalance could lead to a brief pullback unless buyers step in at key support levels.
Support and Resistance Zones
Immediate Resistance: $657.32 (MA 25), followed by $659.79 (MA 99)
Support Level: $652.10 (recent low), psychological level at $650
A break above $659.79 could trigger bullish momentum toward $665–$670, while a drop below $652 may lead to further correction toward $645 or even $640.
Technical Outlook: Neutral to Slightly Bullish
The overall market structure on the 30-minute chart remains neutral to slightly bullish. BNB is consolidating with higher lows, suggesting buyer interest around the $650 level. However, failure to reclaim the MA(25) and MA(99) could limit upside potential.
Prediction (Short-Term):
If BNB manages to hold above $652 and breaks past $660 with volume confirmation:
Upside Target: $668 – $675 in the short term.
If the price falls below $652:
Downside Target: $645 – $640.
$BNB
#TradingTypes101 #BNB_Market_Update #BNB金鏟子 #Cyptonews #MarketPullback

Overnight, the U.S. Treasury made a massive move — reportedly forming a “Bitcoin Strategic Reserve” and increasing its $BTC holdings by 64%, equivalent to 3.5% of the nation’s gold reserves! 🇺🇸

This isn’t just another rumor — it’s a historic signal that could redefine how global powers view Bitcoin. Let’s break it down




Three Major Signals from the U.S. Move

1️⃣ Sovereign Recognition: Bitcoin is officially stepping into the “digital gold” role — now acknowledged at the national level.
2️⃣ Regulatory Shift: BTC seized or held by regulators may now be absorbed into reserves, not dumped on the market.
3️⃣ Hedge Against Debt: Amid rising U.S. debt, even the Treasury is seeking value-preserving assets beyond gold.

What This Means for the Market

Short-Term: The government’s accumulation reduces market circulation and selling pressure — bullish for price stability.

Mid to Long-Term: Bitcoin is evolving from a marginal investment into a geopolitical reserve asset — a bargaining chip among world powers.

The next phase? Central bank competition to hold Bitcoin could ignite a new wave of institutional FOMO.





What Retail Investors Should Do Now

1️⃣ Don’t wait for a perfect dip — start Dollar-Cost Averaging (DCA) immediately.
2️⃣ Structure your capital wisely:

50% — Long-term core position (HODL strong)

30% — Swing trades for volatility
20% — Emergency reserve for black swan events
3️⃣ Never go all-in — in a bull market, the goal is position management, not peak prediction.



When nations start competing with you for Bitcoin, every satoshi counts.
Stay sharp, stay strategic — and accumulate smartly before the next institutional wave hits.

#bitcoin #UStreasury #cyptoNews #BTCReserve #DigitalGold #CryptoStrategy