TCR 35: Going Down Under for Crypto Derivatives
HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
CRYPTO HOT SEAT SEGMENT
GUEST: Grant Colthup, CEO of Mine Digital What is Mine Digital? What sets mine digital apart from other crypto exchanges? What products do you currently offer? What is a retail crypto derivative? Have you seen an uptick in demand over the past six months? What types of trading activity are you seeing these days? How difficult is it to generate demand for crypto derivatives when there isn’t a strong established derivatives market already in Australia? It seems like Australia is becoming a leader in the crypto space. Does it surprise you that Australia has emerged as a crypto mecca? Do you think that U.S. will follow suit? AND MORE..
BITCOIN BREAKDOWN SEGMENT
CRYPTO DOWN $160 FROM LAST SHOW - NEARLY $500 POINT RANGE ON THE WEEKBTC VOLATILITY
30 DAY REALIZED: UNCHD AT 60%BTC OPTIONS VOLUME ON DERIBIT
LIGHT VOLUME WEEK ONLY A FEW DAYS SLIGHTLY ABOVE $30M THIS PAST WEEKOPTIONS TRADES OVER THE PAST WEEK
BUY 150 OCT 7000 PUTS BUY 100 OCT 9500 CALLS (LAST WEEK IT WAS SELLING 163 OCT 9500 CALLS)BTC VOL TERM STRUCTURE
SLIGHTLY BACKWARD IN FRONT CONTRACT OTHERWISE SIMILAR TO LAST SHOWBTC CALL/PUT RATIO
UP TO TO 58.5% FROM 54% CALLS STILL IN CHARGE - SLIGHTLYBTC OPEN INTEREST
UP TO $443M FROM $409MCME BTC FUTURES
LIGHT VOLUME DAY/WEEKTHE ALTCOIN UNIVERSE SEGMENT
ETH: DOWN $13 THIS WEEK XRP - ALMOST EXACTLY UNCHD - HAD $.02 RANGE ON THE WEEK LTC - DOWN $2.5 FROM LAST WEEK BITCOIN CASH - UP $4 FROM LAST WEEKCRYPTO QUESTIONS SEGMENT
QUESTION FROM RODRIGUEZ: What type of volumes are you seeing for the Bakkt futures so far?