The Crypto Rundown 27: Catching Up With The Crypto Mom

The Crypto Rundown 27: Catching Up With The Crypto Mom
HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

BITCOIN BREAKDOWN SEGMENT

Goldman Sachs Analysts’ Slide Suggests Now’s a Good Time to Buy. Gemini Exchange Data Is Being Added to CME’s Crypto Indices. BTC Volatility 30 day realized: almost unchdc from 95% down to 93.80%. BTC Options Volume on Deribit pretty much every day below $30M again. BTC vol term structure reverse of last week. BTC call/put ratio peaked at 73.4% on 6/17. Staying around 55.2% from 54.4% last week BTC OI down slightly to $528M from $533M - down from a record $635M a few weeks ago. CME BTC Futures - another light volume day today.

THE ALTCOIN UNIVERSE SEGMENT

TOP 10 COINS BY MARKET CAP? ETH - down over $2O from last show XRP - down nearly $.05 from last week - broke the pivotal $.30 level LTC - down nearly $13.50 from last week since we hit the halving mark BITCOIN CASH - down nearly $20 from last week

THE CRYPTO HOTSEAT

GUEST: Hester Peirce, SEC Commissioner BACKGROUND? How do you feel about the markets dubbing you the "Crypto Mom." What will it will take for the SEC to approve a bitcoin ETF? Do you think we need the ETF to finally bring the crypto markets in the US into the mainstream? Many of our guests are worried that the US is starting to fall behind the rest of the world from a crypto regulatory perspective. Do you share that concern? What are your thoughts on the current bitcoin futures market?  Do we need approval levels for ETPs similar to the approval levels for options? Will we ever see an inverse volatility product again or are those days behind us? And much more...