# Volatility Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Volatility", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

BlackRock Launches Covered-Call Bitcoin ETF Under BITA Ticker

BlackRock has launched the iShares Bitcoin Premium Income ETF (ticker: BITA), a new bitcoin product that generates income using a covered-call options strategy linked to its iShares Bitcoin Trust (IBIT). Unlike a plain spot bitcoin ETF, BITA aims to provide monthly income by selling call options, offering investors a yield-focused alternative to direct bitcoin holdings or DeFi protocols. This strategy involves a trade-off: it can perform well in sideways markets by collecting premiums but may underperform pure spot bitcoin during strong rallies. The launch signals the evolution of the bitcoin ETF market beyond simple access products toward sophisticated strategies like income generation and hedging. BITA is targeted at investors and advisors who believe in bitcoin's long-term thesis but seek a smoother, income-oriented product within a traditional brokerage account. It is not a replacement for spot bitcoin exposure but rather a different tool that packages bitcoin's volatility into a strategy familiar to traditional markets. Understanding this trade-off is crucial for evaluating its performance, especially during major bitcoin price increases.

bitcoinist06/17 14:46

BlackRock Launches Covered-Call Bitcoin ETF Under BITA Ticker

bitcoinist06/17 14:46

Focus: Five Leading AI Stocks on Nasdaq

The report analyzes five Nasdaq-listed AI infrastructure stocks—Micron (MU), MaxLinear (MXL), AMD, Lumentum (LITE), and Vicor (VICR)—as distinct plays within the AI capital expenditure chain, rather than a single "AI trade." While all benefit from AI data center spending, they differ in their specific roles (e.g., memory, computing, optics, power, connectivity), financial resilience, and risk profiles. The author argues that the key question is not whether the AI narrative remains intact, but whether capital expenditure translates into real orders, earnings justify valuations, and portfolios can withstand high volatility. Historical data shows these stocks have significantly outperformed benchmarks but also experienced deeper drawdowns (~28% to -32%), highlighting their high-beta, high-volatility nature. An investment framework is proposed: core positions (e.g., MU, AMD) for stocks with stronger fundamental evidence; satellite positions (e.g., LITE, VICR) for high-potential, high-volatility names; and cautious observation (e.g., MXL) for smaller-cap ideas with unproven financials. The emphasis is on disciplined, phased buying during pullbacks—only when price corrections align with intact fundamentals and available risk budget—rather than emotional "buy-the-dip" strategies. Overall, AI infrastructure offers long-term potential, but success requires strict position sizing, role definition for each holding, and preparedness for significant volatility.

marsbit06/17 08:07

marsbit06/17 08:07

Has the Crypto Market Bottomed? Here's What Institutions Think

The crypto market is in a period of significant debate, with leading institutions offering differing views on whether a bottom has been reached. Three prominent firms have published detailed analyses: * **Galaxy Digital** argues Bitcoin has **not yet bottomed**. Their analysis of 13 historical indicators across six dimensions (valuation, profit-taking, miner pressure, etc.) shows only four are fully met. They project a potential bottom range between $30k and $54k. * **NYDIG** states a bottom is **possible but not likely**. While metrics are close to historic bear market extremes, they note the absence of a classic panic-selling event. They also suggest increased institutional adoption may have structurally altered the market cycle, potentially leading to a shallower downturn. * **Standard Chartered Bank** asserts the **bottom has already occurred** at around $59k. They cite two key factors: potential US-Iran diplomatic progress and the anticipated SpaceX IPO, which they believe absorbed capital and caused ETF selling pressure that is now subsiding. They forecast a year-end price target of $100k. Despite the surface-level disagreement, the reports share critical common ground more valuable for long-term investors: 1. All three believe the market bottom will form **within this year**. 2. All agree the current price is **closer to the bottom than to previous highs**. 3. All maintain a **bullish long-term outlook** for Bitcoin and a new cycle. The core takeaway is that while the exact bottom price ($40k, $50k, or $60k) is debated, the consensus is that a bottom is imminent. For long-term holders, the primary focus should not be pinpointing the absolute low, but on the future potential for prices to reach $100k, $200k, or higher. The fundamental thesis for Bitcoin—sovereign debt accumulation, inflation, declining trust in centralized institutions, global digitization, and improved accessibility—remains intact and is arguably strengthening. The overall landscape is viewed as more favorable than in previous crypto winters.

marsbit06/17 05:01

Has the Crypto Market Bottomed? Here's What Institutions Think

marsbit06/17 05:01

SPCX to Surge to $400? Can Options Propel SpaceX to Become the World's Most Valuable Company?

Summary: ZeroHedge posits that SPCX (SpaceX) options trading could trigger a gamma squeeze, potentially driving the share price to an extreme $400. This scenario is based on SPCX's unique post-IPO market structure: a low float, concentrated retail buying, and the imminent introduction of options. While the $400 price is speculative, the analysis highlights the potential for outsized volatility. The core mechanism involves heavy retail buying of out-of-the-money call options, forcing market makers to hedge by purchasing the stock, creating a potential feedback loop that accelerates price gains. Vanda data shows intense retail focus on SPCX specifically, not a broad market risk-on shift. Crucially, this potential volatility stems from short-term trading dynamics and structural factors, distinct from fundamental valuation drivers like those seen in NVDA. Whether the extreme $400 scenario materializes depends on actual options market data post-launch, including open interest in call options, implied volatility, and continued buying support in the underlying stock. The article cautions that while the conditions for heightened volatility are present, the predicted gamma squeeze is not guaranteed.

marsbit06/16 05:34

SPCX to Surge to $400? Can Options Propel SpaceX to Become the World's Most Valuable Company?

marsbit06/16 05:34

As the US and Japan Hike Interest Rates, Which Asset Class is Most at Risk?

This week, global markets face two major events: the Bank of Japan's likely interest rate hike and the US Federal Reserve's FOMC meeting. For risk assets, it is a pivotal and volatile week. In the US, expectations for rate cuts have faded dramatically. May's higher-than-expected CPI and resilient jobs data have shifted the Fed's focus from potential cuts to the possibility of future hikes. New Fed Chair Wash is unlikely to raise rates at this meeting, but any hawkish shift in communication, the dot plot, or the policy statement could lead markets to price in tighter policy, pushing up short-term Treasury yields and strengthening the dollar. High-valuation growth stocks, AI-related assets, and small-cap stocks reliant on cheap funding are most vulnerable to rising rates. In Japan, a 25 basis point hike is almost fully priced in (98.3% probability), which would bring the policy rate to 1%, its highest since 1995. The concern is not the hike itself, but its potential to unwind the massive "carry trade," where investors borrowed low-yielding yen to invest globally. Historically, Japan's rate hikes have coincided with global market stress (2000, 2007, 2024). While this well-telegraphed hike may be digested smoothly, two key factors increase uncertainty: 1) Governor Ueda's absence due to illness, putting communication in the hands of less-familiar deputies, and 2) the Fed meeting occurring just days later, creating potential for a compounded market reaction if both central banks sound hawkish. Asset implications: * **Bonds:** US short-term yields sensitive to Fed signals. Japan's rate hike could pressure its massive US Treasury holdings. * **Currencies:** Dollar likely supported by Fed; Yen's reaction hinges on BoJ's forward guidance. * **Equities:** US growth stocks, small-caps most at risk. Japanese stocks face pressure from a stronger yen. * **Crypto:** Assets like Bitcoin face headwinds from higher rates and tighter liquidity; high-beta altcoins are even more vulnerable. The convergence of these two central bank meetings amplifies market volatility risks, with potential spillovers across asset classes globally.

marsbit06/16 02:58

As the US and Japan Hike Interest Rates, Which Asset Class is Most at Risk?

marsbit06/16 02:58

Bitcoin Halving Clock Points To Bottoming Phase, But Cycle Signal Needs Caution

Crypto analyst Crypto Rover claims Bitcoin is currently in a post-halving "bottoming phase," based on a historical cycle chart suggesting repeatable market rhythms. However, the analysis is flagged as speculative trader commentary, not a confirmed signal. The article cautions that halving-cycle models are less reliable in today's more mature, institutional market influenced by ETFs, derivatives, and macro factors. While such narratives can shape trader sentiment, actual confirmation of a bottom requires support from price action, liquidity, on-chain data, and broader risk appetite. The key takeaway is to view the cycle argument as an interesting framework, not a trade signal, until Bitcoin demonstrates it can hold key support levels and build a stronger price structure.

bitcoinist06/14 10:35

Bitcoin Halving Clock Points To Bottoming Phase, But Cycle Signal Needs Caution

bitcoinist06/14 10:35

Bitcoin Liquidation Shakeout Leaves Traders Watching $66K Resistance And $61K Support

Bitcoin's recent volatility triggered a major liquidation event, wiping out roughly $980 million in leveraged positions within 24 hours as price swung from ~$64,100 down to $60,700 and back above $63,000. Traders are now watching key technical levels. Major pivot resistance is identified at $66,247, with reclaimed highs near $64,234 and next resistance at $65,890. Critical support zones lie between $63,127-$63,354, then $62,459, with broader downside targets around $59,150-$60,171. Liquidation heatmaps show significant liquidity clusters above ($63.5K-$66K) and below ($58.5K-$61K) spot price, creating a volatile corridor. The market is in a corrective phase; a clean break above resistance is needed for a bullish shift, while failure to hold low-$63K support risks a move toward lower liquidity zones.

bitcoinist06/13 08:06

Bitcoin Liquidation Shakeout Leaves Traders Watching $66K Resistance And $61K Support

bitcoinist06/13 08:06

Bitcoin Options Traders Hedge For More Downside As Deribit Warns Of Market Weakness

Bitcoin options traders are adopting a defensive stance amid market weakness, according to a Deribit Insights analysis. Key indicators show active hedging against further downside, including net put buying and call selling in BTC options, alongside a negative volatility risk premium and bearish short-dated skew. The report warns that a failure of Bitcoin's current support near $60,000 could lead to a test of $50,000. Ethereum has also seen elevated risk, with realized volatility spiking and a critical support level at $1,520. A break below could target $1,200. While not guaranteeing further declines, the options market data reflects heightened near-term caution and risk management by traders as they monitor these key support levels.

bitcoinist06/12 18:50

Bitcoin Options Traders Hedge For More Downside As Deribit Warns Of Market Weakness

bitcoinist06/12 18:50

Trump's 38th Claim of 'Imminent Deal' Sparks TACO-Style Surge in Global Stock Markets

Trump claims for the 38th time that a "final deal is imminent," sparking a TACO-style surge in global stock markets. Following the US military's sudden strike on Iran and Trump's subsequent cancellation of promised "tough measures," his latest announcement triggered sharp rallies. US indices (Dow up 1.90%, Nasdaq up 3.42%) and crypto-related stocks rose, while Asian markets like South Korea's KOSPI (up over 6%, briefly triggering a trading halt) and Japan's Nikkei also surged. Oil prices fell 4.3% and gold rebounded 3.1%. The macro backdrop includes potential de-escalation in the US-Iran-Israel conflict, US CPI hitting a 3-year high of 4.2% year-over-year (easing Fed rate hike fears), and heavy retail buying in Asian markets using leveraged accounts. However, the situation remains fragile. Iran denies any breakthrough, and analysts warn of a potential 6-7% correction in the S&P 500 due to overheated sentiment and high valuations. Additionally, the massive SpaceX IPO, with retail demand exceeding $100 billion, is drawing liquidity from the broader market, posing a near-term test for stock prices. In summary, while markets are reacting positively to Trump's statements and macro data, risks persist from geopolitical uncertainty, excessive speculation, and liquidity pressures from major IPOs.

marsbit06/12 05:01

Trump's 38th Claim of 'Imminent Deal' Sparks TACO-Style Surge in Global Stock Markets

marsbit06/12 05:01

Trend in US Stocks: A Post Triggers a 930-Point Rebound, Tonight Belongs to SpaceX

On Thursday (June 11, U.S. Eastern Time), Wall Street staged a textbook V-shaped reversal. The Dow Jones surged 929.97 points (+1.86%) to close above 50,000, while the Nasdaq and S&P 500 rose 2.54% and 1.75%, respectively. The rally occurred despite the hottest PPI report in years, with May data showing a 6.5% year-on-year surge, the highest since 2022. The market ignored the inflation data, focusing instead on reports that former President Trump called off a planned strike on Iran, hinting at a potential multi-party peace agreement draft. This sparked a sharp drop in oil prices, fueling hopes that inflation may have peaked. Sector rotations were stark: previously battered AI hardware and cyclical stocks led the gains, while defensive sectors that hit record highs the prior day were sold off. Chip stocks like Micron and Intel saw sharp rebounds. In contrast, software giant Oracle plunged nearly 10% despite beating earnings, with concerns over cloud revenue and cash flow. Adobe also fell after hours despite raising guidance, as its CFO announced departure. The rally's sustainability is questioned, driven largely by social media posts about unconfirmed geopolitical developments. Inflation risks remain, with pipeline pressures still high. Meanwhile, the market's risk appetite faces a major test with SpaceX's historic IPO. Priced at $135 per share, it aims to raise ~$75 billion with a $1.75 trillion valuation, becoming the largest U.S. IPO ever. It will join the Nasdaq 100 in 15 days, triggering massive index fund buying. However, critics cite extreme valuation (88x sales) and market liquidity concerns.

marsbit06/12 01:42

Trend in US Stocks: A Post Triggers a 930-Point Rebound, Tonight Belongs to SpaceX