TCR 35: Going Down Under for Crypto Derivatives

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 WEEK

BTC VOLATILITY

• 30 DAY REALIZED: UNCHD AT 60%

BTC OPTIONS VOLUME ON DERIBIT

• LIGHT VOLUME WEEK
• ONLY A FEW DAYS SLIGHTLY ABOVE $30M THIS PAST WEEK

OPTIONS 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 SHOW

BTC CALL/PUT RATIO

• UP TO TO 58.5% FROM 54%
• CALLS STILL IN CHARGE - SLIGHTLY

BTC OPEN INTEREST

• UP TO $443M FROM $409M

CME BTC FUTURES

• LIGHT VOLUME DAY/WEEK

THE 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 WEEK

CRYPTO QUESTIONS SEGMENT

• QUESTION FROM RODRIGUEZ: What type of volumes are you seeing for the Bakkt futures so far?