Weekly Roundup 11/15/24 (Congressional agenda, FTX vs Binance, Polymarket raid) (EP.575)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
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Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25 1,000 employees, will be liquidated. The
federal government loans American International Group, AIG, $85,000,000,000. This
is a different kind of market, and the Fed is asleep. The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The Bank of England has pumped £75,000,000,000 more into Britain's ailing economy with a new round of quantitative easing. You print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out of this worry, we have something called the Welcome
to On the Brink. I'm Matt Walsh. And
I'm Nick Carter. And this
episode is brought to you by Coinmetrics, and here is the Metrics Minute.
In today's Metrics Minute, we're looking at options and futures market data around the rally. Aggregate spot volumes across all exchanges reached a 177,000,000,000 on November 12th. That was the 2nd highest daily volume day on record. Total's futures volume exceeded 400,000,000,000. A significant buildup in OI has emerged for call options targeting the 90 to a 120 k price range. The implied volatility of 7 day Bitcoin options surged to over 80% leading up to the election. After November 10th, the 7 day implied volatility rose again to 60% just as Bitcoin climbed over 80 k. Quite the week for B
week for the coin,
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