Guest Co-Host: Bill Uliveri, Athena Bitcoin
Taking a bit of a breather – BTC down over $100 from last show, currently at $5215. It dipped briefly below $5000 last week but regain that level quickly.
CME BTC Futures – decent volume as futures rally above $5000. All-time-high of over 22,500 contracts on April 4, which is equivalent to about 112,700 BTC. The previous record has been hit on February 19 and was reportedly over 18,300 contracts, equivalent to 64,300 BTC.
THE ALTCOIN UNIVERSE
Top 10 coins by market cap: Bitcoin, Ethereum, XRP, EOS, Bitcoin Cash, Litecoin, Stellar, Cardano, TRON, Monero
XRP– back down to $.32 from $.36, ETH – down to $165 from $180, LTC – down to $79 from $88.
Comment from HCT – This might be my favorite correlation of all time: Avocado prices vs. Bitcoin
Comment from BTCVIX – Way back in 2012 and 2013 I started listening, Longo and the rest of the crew – I am pretty sure I am on record at some point asking the first Bitcoin question late in 2013. Obviously I choose to stick with my taste in the volatility world, and choose my name as @BTCVIX lol.
Question from Adobe – What do you think will happen first in the u.s. listed options or an actual ETF approved by the SEC?