The Crypto Rundown 284: Buying Pizza on PayPal with Pudgy Penguins

In this episode, host Mark Longo dives into the dynamic world of crypto derivatives, focusing on Bitcoin, Ethereum, and other altcoins. Joined by Bill Uliveri from Cenacle Capital Management, they discuss market trends, recent developments, and trading strategies. Key highlights include PayPal's enabling of Bitcoin payments, Ethereum's impressive resurgence, the evolving market cap rankings with XRP overtaking Tether, and Bill’s investment strategies using cash-secured puts in IBIT and Circle. The episode also touches on the exciting prospects for altcoins like Solana and Sui, while providing insights into the current state of volatility and skew in major crypto assets. The session concludes with listener questions and a look at the latest trends in the VIX and other intriguing trade opportunities.

 

01:05 Welcome to the Crypto Rundown

04:06 Bitcoin Breakdown

05:20 PayPal's Cryptocurrency Integration

06:26 Bitcoin Market Analysis

08:30 Volatility and Skew in Crypto Markets

17:47 Altcoin Universe

19:16 Top Cryptocurrencies by Market Cap

20:00 Ethereum's Resurgence

22:07 Wall Street's Influence on Crypto

24:42 Crypto Market Trends and Predictions

29:32 Listener Questions and Insights

29:59 Weekly Straddle Choices

32:58 Show Wrap-Up and Final Thoughts