Rise’n’Crypto 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 Mitchelhill
- Bitcoin ETFs are sucking up 10X more BTC than miners can produce — Martin Young
- In inflation-torn Argentina, locals use ‘crypto caves’ — Brayden Lindrea
- Crypto.com says big money Formula 1, UFC deals paying off as user base expands — Gareth Jenkinson
- Binance founder CZ’s sentencing date postponed to late April — Tom Mitchelhill
References:
So, grab yourself a coffee, and let’s get into it!
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