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The Crypto Rundown


Jul 16, 2019

The Crypto Rundown 23: The Crypto Smackdown

  • Host: Mark Longo, The Options Insider Media Group
  • Guest Co-Host: Bill Uliveri, Cenacle Capital Management & Athena Trade Chicago.

The Bitcoin Breakdown

  • THE BTC BULLS ARE EXHAUSTED - DOWN NEARLY $1000 FROM OUR LAST SHOW AND OVER $1400 IN 24 HOURS
  • BRIEFLY BROKE THROUGH THE $10K HANDLE AGAIN BEFORE RECOVERING
  • LOOKS LIKE BTC NEVER RECOVERED FROM THE CRUSHING IT RECEIVED DURING LAST WEEK’S FED TESTIMONY. iT WAS APPROX. $13000 HEADING INTO THAT TESTIMONY THEN NEVER REALLY LOOKED BACK
  • BTC REALIZED VOLATILITY: BACK DOWN TO 88%
  • BTC OPTIONS VOLUME BREAKDOWN
  • BTC CALL/PUT BREAKDOWN.
  • BTC OPEN INTEREST BREAKDOWN
  • BTC FUTURES BREAKDOWN
  • BTC NEWS ROUNDUP - ERISX RECEIVES CFTC APPROVAL FOR PHYSICALLY-SETTLED FUTURES.

THE ALTCOIN UNIVERSE

  • CRYPTO TOP 5 MARKET CAP BREAKDOWN
  • BTC DOMINANCE RATE FLIRTING NEAR RECORD HIGHS
  • BEWARE OF SEASONALITY IN ALTCOIN
  • XRP - BACK DOWN TO $.32
  • ETH - CRUSHED DOWN TO $230
  • LTC - BACK DOWN TO $91
  • BITCOIN CASH - DOWN NEARLY $100 FROM LAST SHOW
  • OTHER ALTCOINS ON THE DOCKET - HXRO AND LINK

CRYPTO QUESTIONS SEGMENT
The markets are hitting new highs and equity #Volatility is eroding yet again. So where are you getting your #Volatility fix these days?
24% - Energy - WTI, $USO, etc
38% - Metals: $GLD, $SLV, etc
21% - Crypto: $BTC.x, $ETH.x,
17% - Index: $VIX, $SPIKE, $VXX

  • QUESTION FROM INDORSE: Why is chicago the big btc trading hub now?

  • QUESTION FROM LNN3: How do the current btc options markets stack up to the exchange traded markets for stock options like apple and tesla?

  • COMMENT FROM TOM: BTC moved from $1000 to about $20k then back down to $3k then back up to $14k all without any real options available on it. Damn!