Nic Carter, general partner at Castle Island Ventures, and cofounder and chairman of Coin Metrics, explains  why the Bitcoin price has been rising without the retail bubble seen in 2017-2018. In this episode he covers:how this Bitcoin rally differs from the ones in 2017-2018 and why the market is much more maturehow much the pandemic and other macro forces this year have helped propel Bitcoinwhat it says that the number of Bitcoin addresses with $10 or more worth of bitcoin are is at 18 million now, compared to 2014 in the 2017-2018 bubblethe significance of realized cap, and why there's less pressure to sell now since the current cost basis of all bitcoins is much higher than in the bubblethe significance of the fact that open interest in CME Bitcoin futures hit $1 billion this week — and why, even though they're cash-settled, they do impact the Bitcoin pricewhat the appreciation of the Bitcoin price in other countries' currencies such as Turkish lira meanswhat it means that the stablecoin free float has grown from $1.5 billion in the last bubble to $23 billion during this rallywhat he makes of the theory that Chinese miners are having difficulty to sell their BTC being a driver of the price riseThank you to our sponsor!Crypto.com: http://crypto.comEpisode links:Nic Carter: https://twitter.com/nic__carterCastle Island VC: https://www.castleisland.vcCoin Metrics: https://coinmetrics.io Nic’s post: https://medium.com/@nic__carter/nine-bitcoin-charts-already-at-all-time-highs-78abbfe82804Chinese miners unable to sell BTC: https://www.coindesk.com/bitcoins-rally-supply-crunch-in-china Dispute with this report: https://twitter.com/WuBlockchain/status/1328893579515682816?s=20CME Bitcoin open futures surpasses $1 billion: https://www.theblockcrypto.com/linked/85045/cme-bitcoin-futures-1-billion-open-interestLink to the Crypto News Recap:https://unchainedpodcast.com/what-info-will-come-out-in-the-binance-lawsuit/