Bullish on Bitcoin, ETFs buy 10X more BTC than is mined, CZ sentencing postponed

As Bitcoin pumps, there are reasons to be cautious, but there also are plenty of reasons to feel bullish. Today’s episode looks at Bitcoin breaching $50,000 and why it’s different from the last time BTC hit this price level. Spot Bitcoin ETFs are scooping up 10 times the amount of Bitcoin being mined daily, and Argentines are using “crypto caves” to protect themselves from rampant inflation, but what are they? This is not an episode to be missed!Further reading:Bitcoin trades above $50K again — Tom MitchelhillBitcoin ETFs are sucking up 10X more BTC than miners can produce — Martin YoungIn inflation-torn Argentina, locals use ‘crypto caves’ — Brayden LindreaCrypto.com says big money Formula 1, UFC deals paying off as user base expands — Gareth JenkinsonBinance founder CZ’s sentencing date postponed to late April — Tom MitchelhillReferences:Crypto greed index hits highest level since Bitcoin’s $69K ATH — Helen PartzSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.