Is Bitcoin finally decoupling from Gold as a flight-to-quality asset? Join Mark Longo and Greg Magadini from Amberdata as they break down the 75K "magnet" level and the surge of "Hype" in the top 10.

Full Description: In this episode, we dive deep into the shifting dynamics of the crypto derivatives market amidst global volatility. As the Middle East conflict influences traditional assets, we examine why Bitcoin is showing relative strength against Gold and what dealer positioning at the $75,000 strike tells us about the next move.

Key topics include:

• The Bitcoin Breakdown: Analyzing the $65K–$75K consolidation range and the impact of extreme backwardation.

• Dealer Positioning: Why the 75K calls are acting as a "magnet" for price action.

• Altcoin Universe: The rise of Hyper Liquid (HYPE) into the Top 10 and why Solana (SOL) remains a favorite for "responsible yield."

• The Volatility Surface: Exploring the negative spot-vol correlation and the impact of IBIT options on the skew.

• Stablecoin Velocity: A deep dive into USDC (Circle) vs. Tether and the future of 24/7 blockchain settlement.

Featured Guest: Greg Magadini, Director of Derivatives at Amberdata.

Bitcoin is back on the move, and the options market is telling a new story. Following the FIA Boca conference, we're digging into the data to see if this rally has legs.

Topics discussed:

• Market Update: Bitcoin's run toward $75k.

• The Greeks: Weekly vs. Monthly volatility shifts.

• ETF Impact: Analyzing the massive IBIT options volume.

• Altcoin Rundown: Price action in ETH, SOL, Doge, and Shiba Inu.

Brought to you by Amberdata. Visit amberdata.io to download the digital asset data guide.

The Crypto Rundown 310: COIN Hysteria, Jane Street Algos, and Bitcoin Conspiracies

Is Bitcoin being suppressed by institutional algorithms? This week on The Crypto Rundown, Mark Longo and Bill Ulivieri of Cenacle Capital Management dive into the "Jane Street Conspiracy" taking Crypto Twitter by storm. We analyze the allegations of 10:00 AM sell-clocks and whether authorized participants (APs) actually have the power to manipulate BTC price action.

In this episode, we break down:

• The Bitcoin Breakdown: BTC nears $69k despite geopolitical madness in the Middle East.

• The Jane Street "Smoking Gun": Is it a tinfoil hat theory or a predictable market-making reality?

• COIN & USDC Hysteria: Why Coinbase (COIN) is decoupling from the broader market and surging toward $100.

• SEC Shift: The significance of Chainlink's (LINK) former counsel joining the SEC's crypto task force in February 2026.

• Derivatives Check: Analyzing the massive 1 million contract A DV in IBIT options and the shift in volatility skew.

Connect with us:

• 🌐 Data provided by: intelligence.amberdata.com

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Is the crypto "retail wave" finally drying up? This week on The Crypto Rundown, Mark Longo and Greg Magadini (Amberdata) dive into a "blood-red" market as Bitcoin slips below $65k and Ethereum struggles to hold key support levels.

We break down the dramatic shift in Bitcoin (BTC) and Ethereum (ETH) skew, analyzing why the 25-delta risk reversal is hitting extreme negative levels not seen since the FTX or Terra Luna collapses.

Key Topics Covered:

• The "Incremental Buyer" Problem: With VCs and ETFs already positioned, who is left to buy the dip?

• Volatility Analysis: Why implied volatility (IV) remains "hunched" while skew is screaming "danger."

• Ibit Options Impact: Analyzing the 1 million contracts per day milestone and the heavy flow on 35-strike puts.

• Altcoin Universe: Deep dives into Solana, Dogecoin, and the "wreckage" in Ethereum (ETH).

• MSTR & MSTU Strategies: Managing "lottery trades" when the underlying goes underwater.

Resources:

• Get granular on-chain data: Amberdata

• Follow the network: @Options on Twitter/X

The crypto markets are in the midst of absolute madness, and this episode of The Crypto Rundown breaks down every twist and turn of this high-stakes soap opera. Host Mark Longo is joined by Bill Ulivieri of Cenacle Capital Management to dissect a week that saw Bitcoin plunge to $60K only to stage a dramatic turnaround.

In this episode, we dive deep into the "MSTR Effect"—has MicroStrategy officially stolen the throne from Coinbase as the crypto market's primary bellwether? We explore the massive volatility spikes, the impact of "vibe coding" on market analysis, and the surprising resilience of the IBIT ETF during a period of intense capitulation.

In This Episode:

• Bitcoin Breakdown: Analyzing the 10,000-point swing from $60K back to $75K and the "widows and orphans" state of BTC volatility compared to equity proxies.

• The MSTR Drama: A look at Michael Saylor's relentless buying and why MicroStrategy might be the "amplified" crypto play of the decade.

• Altcoin Universe: Why Ethereum (ETH) found a "perfect trend line" at $1,700 and why Bill is eyeing the Canton Network (CC) as a hidden institutional gem.

• 0DTE in IBIT: How the addition of intra-week expirations is changing the game for premium harvesters.

• Circle (CRCL) & Beyond: Analyzing the wreckage in Solana, XRP, and Doge, and finding the deals hidden in the firestorm.

As Bitcoin slides back toward the $78,000 level and Ethereum feels the pressure, the "H" word is back on everyone's mind: Hedging. Is the crypto market finally cooling off, or is this the ultimate "blood in the water" opportunity for savvy institutional players?

In this episode, Mark Longo is joined by Pat Wood, President and CEO of Delphix Capital Markets, to discuss the shift from all-time highs to a 37% correction. They dive deep into the mechanics of downside protection, the rise of institutional-grade hedging products, and why traditional finance (TradFi) structures are becoming the new "platinum standard" for digital assets.

• The Bitcoin Breakdown: Analyzing the drop from $88K to $78K. What does the surge in weekly volatility (from 39 to 49) tell us about the next move?

• Institutional Hedging 101: Why no one wants to buy a hedge at $126K, and why everyone is scrambling for it now.

• Collars & Put Obligations: Exploring bespoke structures for treasuries and funds that protect capital without cannibalizing yield.

• The Altcoin Universe: Ethereum breaks below the psychological $2,500 level—is it time for ETH holders to look at downside protection? Plus, updates on Solana, XRP, and the "Circle" sell-off.

• The Digital Showdown: A flash poll result: Which asset hits par ($100) first—Bitcoin or Silver?

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On this episode of The Crypto Rundown, Mark Longo is joined by Greg Magadini, Director of Derivatives at Amberdata, to break down a wild start to the year. As Bitcoin (BTC) slips back toward $88k and Ethereum (ETH) struggles to reclaim the $3,000 handle, the team explores why current market conditions are a prime setup for "strangling" volatility.

• The Bitcoin Breakdown: BTC is down nearly 4,000 handles since the last show. We analyze the $88k support level and the shift in the 30-day volatility complex.

• Gold vs. Bitcoin Volatility: Why is a $34T asset like Gold currently showing nearly the same volatility as the $1.7T Bitcoin market? Greg explains the "Digital Gold" underperformance and what it means for the tape.

• The Rise of IBIT Dailies: Big news for liquidity! We discuss the launch of Monday and Wednesday weeklies for the BlackRock IBIT ETF and how "Zero Day" (0DTE) culture is officially entering the Bitcoin space.

• MicroStrategy (MSTR/MSTU) Mechanics: Analyzing the "canary in the coal mine." Is there a "death spiral" risk if BTC continues to slip, or are we on the verge of a massive short squeeze?

• Strategic Playbook: Why Greg is eyeing wide synthetic strangles and the "right tail" explosion. We also look at the massive bearish shift in weekly skew and what it tells us about trader sentiment.

• Altcoin Universe: Quick hits on Solana (SOL) volatility, the XRP sub-$2 struggle, and why Circle (CRCL) equity might be the most "serious" altcoin on your radar.

• Check the Data: Explore professional-grade crypto derivatives metrics at pro.amberdata.io .

• New AI Insights: Visit intelligence.amberdata.com for Amberdata's new AI-powered market intelligence platform.

• Follow the Network: Stay updated via X @Options and @Amberdataio .

Is Bitcoin losing its "Digital Gold" status to traditional metals? Host Mark Longo and Bill Ulivieri of Cenacle Capital Management kick off 2026 by breaking down a frustratingly quiet crypto market. While BTC and ETH move like "widows and orphans" stocks, a new institutional player—The Canton Network—is appearing on the horizon.

In this episode, we dive into:

• The BTC Breakdown: Analyzing the massive gap between Bitcoin and Gold performance.

• Volatility Shifts: How IBIT and TradFi are killing the legendary "crypto upside skew."

• Altcoin Universe: Why Ethereum is "sleeping" and what's next for Solana and Circle (CRCL).

• The "Drumroll" Moment: Bill introduces the Canton Network—the institutional play for US Treasuries on the blockchain.

• The 2026 Crystal Ball: Mark and Bill place their bets on where the VIX ends the year.

This episode is brought to you by Amberdata. Eliminate infrastructure headaches and access granular digital asset data today at www.amberdata.io .