PLAY PODCASTS
TCR 33: Crashing the Crypto Party With Distributed Clearing
Episode 33

TCR 33: Crashing the Crypto Party With Distributed Clearing

The Crypto Rundown · THE OPTIONS INSIDER RADIO NETWORK

October 8, 201951m 34s

Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

TCR 33: Crashing the Crypto Party With Distributed Clearing HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

CRYPTO HOT SEAT SEGMENT

  • GUEST: Darshan Vaidya, CEO and Founder, X-Margin
  • BACKGROUND?
  • WHAT IS X-MARGIN?
  • CAN THE CRYPTO MARKET HANDLE CENTRAL CLEARING?
  • WHY IS OPTIONS VOLUME ON DERIBIT STILL SO LIGHT?
  • AND MORE..

BITCOIN BREAKDOWN SEGMENT

  • BTC ALMOST EXACTLY UNCHD FROM LAST SHOW - BUT IT HAD A CRAZY WEEK
  • Bitcoin Is 2019's Best-Performing Asset, Even After Recent Price Downturn

BTC VOLATILITY

  • 30 DAY REALIZED: UNCHD AROUND 54% FROM 56% LAST WEEK

BTC OPTIONS VOLUME ON DERIBIT

  • LIGHT VOLUME WEEK
  • ONLY ONE DAY ABOVE $30M THIS PAST WEEK

OPTIONS TRADES OVER THE PAST WEEK

  • BUY 500 MAR 16,000 CALLS
  • SELL 250 MARCH 12000 CALLS

BTC VOL TERM STRUCTURE

  • SIMILAR TO LAST SHOW

BTC CALL/PUT RATIO

  • CALLS BACK UP TO 57% FROM 47% THIS WEEK

BTC OPEN INTEREST

  • OI UP FROM $352M TO $371M

CME BTC FUTURES

LIGHT VOLUME WEEK - MOST DAYS BELOW 2000 CONTRACTS

THE ALTCOIN UNIVERSE SEGMENT

  • ETH: UP $3 THIS WEEK
  • RIPPLE - GETTING A LITTLE BIT OF LOVE AGAIN THIS WEEK UP NEARLY $.02
  • LTC - UP $2 FROM LAST WEEK
  • BITCOIN CASH - UP $8 LAST WEEK

CRYPTO QUESTIONS SEGMENT

  • QUESTION FROM ALLIANZ: Are the same firms making markets in regular options like SIG also making the markets on deribit and other crypto markets?
  • QUESTION FROM CHARLES: Why do you think btc options volume remains lite despight big swings in the spot
  • QUESTION FROM JLEE: Can we proclaim it now that Bakkt was the nail in the crypto coffin?