On this episode, Mark Longo is joined by Bill Ulivieri of Cenacle Capital Management to break down the latest action across Bitcoin, IBIT, and the wider crypto derivatives space.

The guys dive deep into MicroStrategy (MSTR), discussing its current 26% discount to net asset value and why Bill is looking to sell the $100 par puts "with reckless abandon." They also explore the Altcoin Universe—including the growing volume in PER (Hyperliquid), the latest on Circle, and a look at decentralized AI tokens like BitSensor (TAO)—before tackling a listener question on major regional transaction regulations that could ripple across the broader digital asset landscape.

In this episode, we break down:

• Bitcoin & iBit Breakdown: Navigating the dip to $62K, current iBit options flow, and the anticipation of a July 4th Clarity Act pop.

• The MSTR Volatility Monster: Why MSTR options are trading at nearly 2x the volatility of iBit, and how to trade the current net asset value (NAV) discount.

• Altcoin Universe: Deep dives into ETH futures, BMNR earnings, Circle time-spreads, and the rise of decentralized AI tokens like BitSensor (TAO).

• Crypto Questions: Breaking down new regional digital asset transaction acts, what they mean for self-custody wallets, and the upcoming industry pushback against surprise transaction fees.

Bitcoin and the broader crypto markets are catching a strong bid this week! In this "Just the Facts, Ma'am" edition of The Crypto Rundown, host Mark Longo breaks down the explosive trading activity, volume shifts, and options volatility shaking up the digital asset space.

We skip the noise and dive straight into the derivative products you are actually trading in your accounts, tracking the major shift from spot crypto to listed securities.

On this episode, we break down:

• The Bitcoin Breakdown: BTC rallies over 3,300 handles to cross $66,700. Plus, a deep dive into IBIT options flow, historical skew comparisons, and why the out-of-the-money calls are struggling to catch a bid.

• The MSTR Action: MicroStrategy (MSTR) pops $8 in a single day. We analyze its massive 71% implied volatility (IV), upcoming debt deadlines, and the big institutional call-overriding action trading on short holiday cycles.

• The Altcoin Universe: A full market cap shuffle. Ethereum (ETH) and ETHA options catch a bullish long-term bid, while BMNR sees heavy FLEX options volume to manage exercise risk.

• Stablecoins & Hype Tokens: Inside the massive 83% IV on Circle options, and why traders are aggressively loading up on PURR at-the-money options straddles.

• Crypto Price Watch: Quick updates on the weekly moves for Solana (SOL), XRP, Litecoin (LTC), Cardano (ADA), and Shiba Inu (SHIB).

Bitcoin breaks below key psychological levels, Ethereum continues to struggle, and crypto traders are searching for yield anywhere they can find it. On this episode of The Crypto Rundown, Mark Longo is joined by Bill Ulivieri of Cenacle Capital Management to dive into the latest crypto market chaos, volatility, and opportunities.

The duo explores the recent Bitcoin selloff, the growing role of spot crypto ETFs, volatility and options activity in IBIT and ETHA, and whether traders should be buying the dip or staying on the sidelines. They also examine the explosive rise of Hyperliquid and PURR, the ongoing drama surrounding Circle (CRCL), the latest developments in BitMine (BMNR), Strategy (MSTR), Solana, XRP, and more.

Plus, they tackle listener questions on Bitcoin dollar-cost averaging, crypto market sentiment, stablecoin regulation, Michael Saylor's latest moves, and whether the next great crypto opportunity is hiding in plain sight.

In this episode:

• Bitcoin breaks below $60K and rebounds
• IBIT options activity and put-selling opportunities
• ETHA, Ethereum weakness, and ETF trading trends
• Circle (CRCL) volatility and stablecoin outlook
• Hyperliquid, PURR, and the hunt for yield
• BMNR's aggressive Ethereum accumulation strategy
• Solana, XRP, DOGE, and the broader altcoin landscape
• MSTR, Michael Saylor, and Bitcoin treasury strategies
• Crypto options, volatility, covered calls, and premium selling
• Listener questions and market outlook