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Arthur Hayes Explains How BlackRock IBIT Hedging Shaped Recent Bitcoin Sell-Off

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TLDR:

  • Dealer hedging from BlackRock IBIT structured notes amplified Bitcoin price swings at key triggers. 
  • Structured products with knock-ins, auto-callables, and buffers force automatic BTC market flows. 
  • Mapping issuance and barrier levels helps traders anticipate short-term Bitcoin price movements. 
  • Bitcoin volatility driven by flows often occurs independently of broader market sentiment shifts.

 

BlackRock IBIT Bitcoin crash is drawing attention as Arthur Hayes connects dealer hedging and structured notes to BTC volatility. Traders face flows driven by automated mechanisms, not sentiment.

Bitcoin is trading at $69,324.50, up 0.86% over the past 24 hours, supported by strong trading volume of $94.1 billion. Despite the short-term rebound, BTC remains down 16.56% over the past seven days, reflecting elevated volatility. 

Recent price action shows how short-term gains can occur even as broader pressure persists, with market flows and positioning continuing to influence Bitcoin’s near-term direction.

Dealer Hedging Drives Bitcoin Volatility

Structured products tied to BlackRock’s IBIT create complex hedging dynamics. Dealers sell these notes to clients and hedge the embedded options using BTC spot or futures. 

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As positions grow, their rebalancing can directly influence prices. These notes often include auto-callables, knock-ins, and downside buffers. 

As BTC approaches key barriers, dealers must act. They buy when prices rise and sell when prices fall. This creates mechanical pressure that can resemble sudden market moves.

Arthur Hayes explained that these flows are not directional bets. Instead, they are systematic hedging responses. 

For example, when a Morgan Stanley note struck near $105,000, its 75% knock-in at $78,700 forced the dealer to sell once BTC fell below that level.

In quiet markets, these actions are subtle. However, when positions are crowded, they can dominate price movements. 

As BTC crosses trigger points, flows accelerate automatically, affecting volatility clusters and market perception.

Such mechanisms also extend to correlated assets. Precious metals like silver and gold experienced heightened volatility during the Bitcoin sell-off. 

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Silver fell more than 18%, and MSTR stock declined as bearish sentiment spread. Transitioning from calm to stressed conditions amplifies these effects further.

Mapping Trigger Points and Market Flows

Hayes is mapping bank-issued notes to identify key trigger zones. Each note contains invisible barriers that influence dealer hedges. 

Understanding these levels is now essential for traders seeking to anticipate flow-driven price swings.

CryptoQuant analysts confirmed that ETFs, including BlackRock IBIT, have reduced positions accumulated last year. 

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This steady selling creates pressure independent of market sentiment. Therefore, price moves may reflect hedging mechanics rather than investor pessimism.

Community discussions on X support Hayes’ observations. Traders note that auto-call and knock-in levels create predictable flow points. 

These mechanical triggers can lead to accelerated selling or buying, often before public narratives emerge.

Moreover, the recent BTC rebound to $70,000 highlights how flows can reverse. Dealers adjust as triggers reset, showing how structured product mechanics shape short-term volatility. 

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Hayes emphasizes that traders must adapt strategies according to issuance, positioning, and barrier geometry.

Overall, the BlackRock IBIT Bitcoin crash illustrates a shift. BTC is no longer influenced solely by macro trends or sentiment. Instead, structured product flows and hedging dynamics now play a critical role in price movements.

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UNI Crypto Prediction: CEX Resurfaced as Crypto Recovers

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UNI crypto is having a healthy 4.5% gain. However, with CEX sector clawing back relevance in a recovering market, UNI is under pressure.

Uniswap’s governance token is holding on and looking good. UNI crypto is now priced at $3.50, with a healthy 4.5% intraday gain. However, the real story is structural, with centralized exchanges clawing back relevance in a recovering market, and UNI sits at a critical technical junction that will define its next $1 move in either direction.

The CEX versus DEX debate has sharpened considerably in early 2026. Kraken’s anticipated IPO is positioning the exchange as the compliance gold standard, while Coinbase continues to dominate retail onboarding. Uniswap v4, meanwhile, is competing as a programmable liquidity layer rather than a simple swap venue, a pivot that changes its valuation calculus entirely.

The question now is whether crypto’s recovery provides a second attempt or whether UNI fades further.

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Can UNI Crypto Price Reclaim $4 Before April?

UNI is consolidating inside a $3.10–$3.95 range, with moving averages stacked in mild bearish alignment. The 7-day SMA sits at $3.71, the 20-day at $3.83, and the 50-day at $3.68, all above the current price.

An analyst, Tony Kim, set a slightly more aggressive target earlier this month: “Potential move toward $4.22 resistance if current support levels hold through March.”

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UNI crypto is having a healthy 4.5% gain. However, with CEX sector clawing back relevance in a recovering market, UNI is under pressure.
UNI USD, TradingView

In a bull scenario, daily volume breaks above $5.2M, RSI pushes past 53, and UNI reclaims the $3.7 50-day SMA, opening a run toward $4.15.

However, the bear can argue that there could be an invalidation. A close below $3.3 flips short-term structure negative, potentially dragging price toward the $3.25 weekly low f

Discover: The best pre-launch token sales

LiquidChain Targets Early-Mover Upside as Uniswap Tests Key Levels

UNI at $3.50 offers a known asset at compressed valuation, but with the 200-day SMA at $5.85 as a realistic ceiling, the upside math is bounded. Early-stage infrastructure presales offer a different risk profile entirely.

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LiquidChain is positioning itself as a Layer 3 cross-chain liquidity layer, fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment, a direct infrastructure play on the fragmentation problem that makes multi-chain trading expensive and slow.

The project’s Unified Liquidity Layer and Deploy-Once Architecture mean developers write once and access all three ecosystems simultaneously, reducing the bridging friction that has historically hemorrhaged value from DEX traders.

The presale is currently priced at $0.0144, with more than $600K raised to date. Liquid also offers a huge 1700% APY as staking rewards, and launched with a Certik audited contract.

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Research LiquidChain here.

This article is not financial advice. Crypto assets are highly volatile. Always conduct your own research before investing.

The post UNI Crypto Prediction: CEX Resurfaced as Crypto Recovers appeared first on Cryptonews.

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Advanced Micro Devices (AMD) Stock: Aletheia Capital Projects 63% Rally on AI Infrastructure Boom

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AMD Stock Card

Key Highlights

  • Aletheia Capital maintains Buy recommendation on AMD with $330 price objective
  • Server CPU revenues expected to expand at 45% CAGR through 2028
  • Data center business projected to surge from $17B in 2025 to $77B by 2028
  • Company has evolved into comprehensive AI compute solutions provider
  • CEO Lisa Su joins Trump administration’s science and technology advisory council

Advanced Micro Devices ($AMD) continues to attract bullish sentiment from Wall Street analysts, with Aletheia Capital maintaining its Buy recommendation and establishing a $330 price objective for the chipmaker. Trading at $201.99, the stock presents substantial appreciation potential based on the firm’s analysis.


AMD Stock Card
Advanced Micro Devices, Inc., AMD

The investment case from Aletheia focuses heavily on AMD’s positioning within the emerging agentic AI landscape. The research firm contends that central processing units — rather than solely graphics processing units — represent the optimal semiconductor architecture for agent-based computational tasks, positioning AMD favorably to capitalize on this shift.

Aletheia’s financial projections anticipate AMD’s server CPU business will achieve a remarkable 45% compound annual growth rate spanning 2025 through 2028. This aggressive expansion forecast forms the foundation of the firm’s optimistic outlook.

Regarding data center operations, the analyst firm forecasts revenue climbing from $17 billion in 2025 to $58 billion by 2027, ultimately reaching $77 billion in 2028. This trajectory represents approximately 4.5-fold growth over a three-year period.

Aletheia employed a sum-of-the-parts methodology to derive its $330 valuation. For comparison, InvestingPro’s Fair Value analysis places AMD at $225.24, which still exceeds current trading levels.

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The company delivered 34% revenue growth over the trailing twelve months. This performance validates the thesis that AMD is capturing increased market share within the AI computing sector.

Aletheia’s perspective on AMD has broadened beyond viewing the company as merely an alternative GPU supplier. The firm now characterizes AMD as a “comprehensive AI compute provider” — terminology that underscores the company’s strategic transformation.

However, the firm acknowledged several risk factors including end market demand volatility, execution challenges, and geopolitical uncertainties. These considerations carry significant weight given current macroeconomic conditions.

Wall Street Consensus Strengthens

Wolfe Research similarly maintains an Outperform stance on AMD with a $300 price objective. The firm emphasized AMD’s conviction in its AI accelerator development timeline and sustained server market traction.

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Seaport analyst Jonathan Golub observed that semiconductor sector valuations, including AMD’s multiple, have contracted since July. He interprets this compression as creating attractive entry opportunities.

Corporate Updates and Strategic Moves

AMD and Celestica unveiled the Helios rack-scale AI platform designed for data center infrastructure applications. This collaboration capitalizes on Celestica’s engineering and production expertise.

The company also finalized a multi-year licensing arrangement with Adeia Inc. This agreement provides AMD access to Adeia’s semiconductor intellectual property library while settling all pending legal disputes between the parties.

CEO Lisa Su secured an appointment to President Trump’s Council of Advisors on Science and Technology. This role positions her among influential leaders guiding U.S. technology and scientific policy direction.

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AMD communicated concerns regarding its client computing and gaming divisions due to escalating memory component costs. These segments have demonstrated weaker performance relative to the robust data center business.

InvestingPro designates AMD as a “prominent player in the Semiconductors & Semiconductor Equipment industry.” The stock declined 0.87% during the trading session at time of publication.

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Oil Price Prediction: Trading Oil With Crypto? Is It Time to Long Oil?

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Oil just posted its biggest monthly price gain, and traders are watching both the oil and crypto positions before making any prediction.

Brent crude oil just posted its biggest monthly price gain on record, 51% since the opening day of the month, and crypto traders are watching both the oil chart and their crypto positions simultaneously before making any prediction.

Bitcoin rebounded 2% intraday to $67,000 even as oil shockwaves rattled equities, raising a question active traders are increasingly asking: is the real opportunity in oil, crypto, or something built on top of both narratives? The answer depends heavily on what happens in the Strait of Hormuz over the next 72 hours.

Brent closed Friday at $112.57 per barrel, up from $72.48 on February 27, the day before the US-Israeli strike on Iran, and briefly tagged $119.50 intraday, its highest since June 2022. BloombergNEF estimates 9 million barrels per day have been knocked offline by the conflict, with Iran all but closing the Strait of Hormuz, through which roughly one-fifth of global oil and gas normally flows.

A coordinated 400-million-barrel emergency reserve release on March 11 barely dented the rally. Trump’s 10-day ultimatum to Iran to reopen the strait was met by a rising oil price and falling stock markets, not exactly the negotiating leverage the White House projected.

Total crypto market capitalization has reached $2.4 trillion despite the macro turbulence, suggesting digital assets are absorbing the geopolitical shock. The macro correlation between Treasury yields, risk assets, and crypto is tightening, and oil is now the single most consequential variable in that equation.

Discover: The best crypto to diversify your portfolio with

Oil Price Prediction: Will Oil Blast Pass $200?

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WTI crude surged above $110 per barrel on March 9 and has held elevated since, with 10-year futures still pricing around $57 per barrel, a signal that markets expect eventual normalization but have no timeline for it.

Oil just posted its biggest monthly price gain, and traders are watching both the oil and crypto positions before making any prediction.
Brent Crude Oil, TradingView

Bitcoin is currently trading in a defined $62,000–$73,000 channel. Resistance sits at $73,000, tested and rejected recently; support is intact at $62,000. The brief touch of $74,000 before the pullback signals buyers are present at highs, but conviction is thin.

Rising import prices, up 1.3% in February, combined with oil above $110, are the inputs feeding that rate-hike probability. Watch Tuesday’s API Crude Oil Stocks and ADP Employment data as the next directional catalysts.

Once the Strait of Hormuz opens for business, oil will likely start to normalize. Is this the time to long oil? The answer lies more in geopolitics right now, not much in chart structure.

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Bitcoin Hyper is Targeting A movement Similar to Oil

BTC at $67,000 inside a known range is a respectable position, but at this market cap, the asymmetric upside that early crypto cycles delivered is structurally compressed.

The Iran deadline extension is already weighing on risk assets, and spot BTC traders are essentially betting on a macro resolution they cannot control. For traders hunting for leverage on the Bitcoin ecosystem without the channel ceiling, the infrastructure layer is where some rotation is happening.

Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, combining Bitcoin’s security model with sub-Solana-speed execution and low-cost smart contracts.

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The presale has raised $32 million at a current price of just $0.0136, with 36% staking rewards live for early participants. The core pitch: Bitcoin’s programmability problem (slow transactions, high fees, no native smart contracts) gets a direct fix, while the security layer stays intact.

Research Bitcoin Hyper before the presale window closes.

This article is not financial advice. Crypto assets are highly volatile. Do your own research before investing.

The post Oil Price Prediction: Trading Oil With Crypto? Is It Time to Long Oil? appeared first on Cryptonews.

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Here’s Why Bitcoin Analysts Say BTC Price Will Bottom at $40K

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Here’s Why Bitcoin Analysts Say BTC Price Will Bottom at $40K

Bitcoin (BTC) buyers made a tepid comeback on Monday, pushing BTC price to its intraday high of $67,860. Analysts said that Bitcoin remains in a bear market, with several metrics pointing to a potential bottom below $50,000.

Key takeaways:

  • Bitcoin price turns $70,000 into resistance, clearing the path for a deeper correction.

  • Bitcoin’s short-term holder realized price bands moved lower, with a potential bottom around $46,000.

  • Historical retracement levels and a bear flag breakdown point to $39,000–$41,000 as the final low for BTC price this cycle.

Bitcoin’s “path of least resistance” is downward

Data from TradingView captured ongoing BTC price gains, up 1.5% on the day to trade at $67,750, as $69,000-$70,000 became new resistance.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Analyzing Bitcoin’s price action on lower time frames, Telegram trading resource Technical Crypto Analyst said losing the $68,000-$69,000 support “confirms short-term bearish momentum,” adding:

“Unless price quickly reclaims $69K–$70K, the path of least resistance remains downward toward the $65K demand zone.”

Related: Worst six months since 2018? Five things to know in Bitcoin this week

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“Great bounce upwards, but nothing confirmed as of yet on Bitcoin,” MN Capital founder Michael van de Poppe said in a Monday post on X.

It “all depends on macroeconomic events; however, I’d rather see a breakout above $71K for confirmation,” he added.

“On the other hand, a classic little sweep to $65K just before the push upwards would signal that we’re going to get that momentum.”

BTC/USD four-hour chart. Source: X/Michael van de Poppe

Analyst Kyle Chassé said that with the Fear and Greed index still in the “extreme fear zone” and the order books showing more shorts than longs, the market leans “towards more downside.”

Crypto fear and greed indeed. Source: X/Kyle Chassé

Where will the Bitcoin price bottom?

Bitcoin’s 46% drawdown from its $126,000 all-time high has seen the cost basis of short-term holders (STH) — the average price of entities who have held BTC for less than 155 days — drop from $113,500 to $83,200.

“​​This is a sign that the pricing for a potential bottom has also moved lower,” said CEO and founder at Alphractal Joao Wedson in an X post on Monday.

Similarly, the lower line of the STH realized pricing bands (blue line) has also moved “even lower, which could confirm that Bitcoin may form a bottom around $50K or slightly below,” Wedson added.

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The chart below shows that Bitcoin bottomed out just below the lower band of the STH realized price during the 2022 bear market. 

Bitcoin STH realized price bands. Source: Alphractal

Analyst Willy Woo said that the bear market bottom for Bitcoin could be between its realized price, currently at $54,000, and the Cumulative Value-Days Destroyed (CVDD), now at $45,500.

“Old school onchain models suggest a BTC bottom between $46K-54K. ”

Bitcoin pricing models. Source: X/Willy Woo

The CVDD measures the cumulative value of “Coin Days Destroyed” (long-term holders selling) relative to the market’s age, creating a rising “floor” price during bear markets. 

Crypto analyst Crypto Jelle said Bitcoin’s bear market lows have historically formed between the 0.618 and the 0.786 retracement levels, which are at $57,600 and $39,000, respectively.

BTC/USD weekly chart. Source: X/Jelle

As Cointelegraph reported, the current “last stages” of the bear market are producing predictions of as low as $41,000, based on a bear flag breakdown.