After consolidating narrowly between $46000 to $48000 from Feb 11 to Feb 13, Bitcoin broke above Feb 11 high of $49000, and is now trading between $48000 and $50000, the breaking of $50000 looks avoidable and imminent. News from Master Card and BNY Mellon Bank getting involve in Bitcoin, Grayscale Bitcoin Trust, Cathie Woods fund bought more Bitcoin , City of Miami plans to allow using bitcoin in paying employee salary and accept Bitcoin in paying tax, to Canada approved the trading of Bitcoin ETF all serve as a strong support for higher Bitcoin price. Miners refrain from selling and smaller Bitcoin in flow to exchanges to sell also are bullish signs. Based on Measured Move calculation, Bitcoin's next technical target is around $61000 after it breaks above $50000. Bitcoin related investments are Bitcoin (BTC), Grayscale Bitcoin Trust (GBTC), Riot Blockchain (RIOT), Marathon Patent (MARA), Microstrategy (MSTR), Tesla (TSLA), PayPal (PYPL), Square (SQ), Silvergate Capital (SI), Mogo (MOGO), and Galaxy Digital Holdings (BRPHF).
Followings are Bitcoin related news in the last few days:
Bitcoin recently stood at $48,800 on Sunday morning, up 3.2%. It had traded as high as $49,714 earlier in the day. The cryptocurrency is up around 70% year to date. After long being shunned by traditional financial firms, bitcoin and other virtual currencies appear to be increasingly entering the mainstream as an asset and routine payment vehicle.Institutional investors are rapidly gobbling up Bitcoin, and at the time of writing, nearly 3% of the Bitcoin (BTC) in circulation are locked up in long-term holdings by these investors. Data shows that 24 entities have amassed more than 460,500 BTC, which is equivalent to $22 billion at Bitcoin's current price. According to Michael Novogratz, this figure excludes the3 million BTC forever lost, who estimates that a supply shortage could occur shortly if institutions keep up their current buying spree. ---Cointelegraph 02/14/2021
The first publicly traded bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator. According a decision document on Thursday, the receipt of approval from the Ontario Securities Commission (OSC) was filed under a Multilateral Instrument passport system in multiple Canadian jurisdictions.The fund seeks to replicate the performance of the price of bitcoin minus fees and expenses, according to fact sheet posted online by Canada-based asset manager Purpose Investments. The ETF won’t speculate on short-term changes in the price of bitcoin. ---Coindesk 02/14/2021
One month ago when few people believed that it was only a matter of weeks if not days before institutions flooded into bitcoin as Tesla unleashed a feverish adoption of the cryptocurrency,（we predicted that not only would Elon Musk buy billions in bitcoin as Tesla confirmed last week) sparking a cascade of institutional copycats (including financial giants as Mastercard and BNY this week), but that it was none other than Morgan Stanley that hinted us as to what is coming....As Bloomberg reports this morning citing "people with knowledge in the matter, Morgan Stanley's $150 billion investing arm - Counterpoint Global - which is a unit of Morgan Stanley Investment Management, and has racked up wins in mutual-fund rankings thanks to its "prowess in picking growth stocks",is considering adding Bitcoin to its list of possible bets....Morgan Stanley’s latest affirmation of bitcoin as an asset class, one which even BofA has now included to its list of best performing assets YTD...would put the heft of an almost-century-old marquee Wall Street name behind a volatile asset class that’s still struggling to win acceptance in much of the traditional financial industry." But Bitcoin's four-fold jump in four months has "stoked customers’ interest", making investing in bitcoin harder to ignore.--ZeroHedge 02/13/2021
The Grayscale Bitcoin Trust (GBTC) has quietly accumulated another ~3500 Bitcoins over the last 24 hours pouring $166 million investment. With this, GBTC’s total Bitcoin holdings stand at 653.83K BTC coins with net assets under management (AUM) of over $34 billion.Over the last month, GBTC has increased its holdings by adding nearly 50K Bitcoins in aggressive purchases driven by strong institutional inflows. The recent interest in Bitcoin shown by American corporates has kept institutional inflows ticking in. ---Coingape 02/13/2021
Miami Mayor Francis Suarez praised the city's governing commission for passing a resolution Thursday that will study the feasibility of paying employees in as well as allowing residents to pay fees and"I want to thank the city of Miami commissioners for supporting my resolution, which directs the city manager, after analysis, to procure a vendor to be able to offer our employees to get a percentage of their salary in bitcoin, allows our residents to pay for fees in Bitcoin... [and allows] for taxes to be paid in bitcoin," Suarez said in a video Thursday night.“It’s wonderful to be a very ‘crypto-forward’ city in the city of Miami, and I want to thank my commission colleagues for allowing that to happen."---Fox News 02/13/2021
Deutsche Bank has joined the growing ranks of large financial institutions exploring cryptocurrency custody, with aspirations to offer high-touch services to hedge funds that invest in the asset class. The Deutsche Bank Digital Asset Custody prototype aims to develop “a fully integrated custody platform for institutional clients and their digital assets providing seamless connectivity to the broader cryptocurrency ecosystem,” according to a little-noticed report by the World Economic Forum, host of the annual gathering of muckety-mucks in Davos, Switzerland. ---Coindesk 02/13/2021
It seems that the Indian government looks all determined to ban cryptocurrency operations in the country. Citing sources and officials familiar with the matter, BloombergQuint reported that India is likely to proceed with a complete ban on crypto investments. Requesting for anonymity, a senior Finance Ministry official told the publication that cryptocurrency usage in any form will be banned under the new law to be introduced in the parliament. This would also include a ban on transacting directly via foreign exchanges.However, this ban won’t be an overnight regulation passed. Meaning, once the law comes into effect, investors will get 3-6 months of transition period to completely liquidate their investments. ---Coingape 02/13/2021
Cathie Wood’s ARK Investment Management increased its holdings of the Grayscale Bitcoin Investment Trust (GBTC) by 2.14 million shares in the fourth quarter of 2020, bringing its holdings of the market-leading institutional bitcoin investment vehicle to 7.31 million shares. ARK's holdings of GBTC are worth $357.5 million. ---Coindesk 02/12/2021
经过2月11日至2月13日在46000至48000美元之间窄幅盘整后，周日比特币突破2月11日高点49000美元，目前交易价格在48000美元至50000美元之间，突破50000美元似乎是无可避免和迫在眉睫的。 万事达卡和纽约梅隆银行介入比特币的消息，灰度比特币信托，凯蒂·伍兹基金购买了更多比特币，迈阿密市计划允许使用比特币支付员工薪水并接受比特币缴税及加拿大批准了比特币ETF的交易都是对更高比特币价格的有力支持。 矿工不出售比特币，较小的比特币流入交易所出售也是看涨的迹象。 根据用技术分析的量度法计算，在突破50000美元后，比特币的下一个技术目标将在61000美元左右。比特币相关投资包括比特币（BTC），灰度比特币信托（GBTC），Riot Blockchain（RIOT），Marathon Patent（MARA），Microstrategy（MSTR），特斯拉（TSLA），Paypal（PYPL），Square（SQ），Silvergate Capital（SI），Mogo（MOGO）和Galaxy Digital Holdings（BRPHF）。
以下是过去几天有关比特币的消息：
比特币在周日上午达到48,800美元，上涨3.2％。当天早些时候，它的交易价格高达49,714美元。今年迄今为止，加密货币已上涨约70％。在长期受到传统金融公司的拒绝之后，比特币和其他虚拟货币似乎正越来越成为主流，成为一种资产和常规支付工具。机构投资者正在迅速吸纳比特币，在撰写本文时，近3％的比特币（BTC）被这些投资者锁定在长期持有中。数据显示，有24个实体积累了超过460,500 BTC，按比特币当前价格计相当于220亿美元。根据Michael Novogratz的说法，这个数字不包括永久丢失的300万BTC，后者估计，如果机构继续保持当前的购买狂潮，不久就会出现供应短缺。 -Cointelegraph 02/14/2021
加拿大金融监管机构已批准了北美第一个公开交易的比特币交易所交易基金（ETF）。根据周四的决定文件，安大略证券委员会（OSC）的批准是在加拿大多个辖区的多边工具护照制度下提交的，该基金力图复制比特币价格减去费用和支出的表现。加拿大资产管理公司Purpose Investments在线发布的情况说明书称。 ETF不会猜测比特币价格的短期变化。 --- Coindesk 02/14/2021
一个月前，当特斯拉释放出对加密货币的狂热采用时，我们预测 很少有人认为的机构涌入比特币只是几周甚至几天的事情（埃隆·马斯克不仅会购买特斯拉上周证实的数十亿比特币）引发了一连串的机构模仿者（包括本周包括万事达卡和BNY等金融巨头），但正是摩根士丹利向我们暗示了即将发生的事情……。据彭博社（Bloomberg）今早援引“知情人士”的报道。事情是这样的，摩根士丹利（Morgan Stanley）的1500亿美元投资部门-Counterpoint Global-是摩根士丹利投资管理（Morgan Stanley Investment Management）的子公司，并且由于其“选拔成长型股票的能力”而在共同基金排名中大获全胜，正在考虑将比特币添加到其可能的赌注清单...摩根士丹利（Morgan Stanley）是对比特币作为资产类别的最新肯定，甚至美国银行现在也将其列入年初至今表现最佳的资产清单......波动性很大的资产类别背后有一个将近一个百年历史的华尔街名称，这在许多传统金融行业中仍然难以赢得人们的认可。”但是比特币在四个月内增长了四倍，已经“引起了客户的兴趣”，这使得对比特币的投资变得更加不容易被忽视。--ZeroHedge 02/13/2021
灰度比特币信托（GBTC）在过去24小时内悄悄积累了约3500个比特币，投资额达1.66亿美元。这样一来，GBTC持有的比特币总数为653.83K BTC硬币，管理的资产净值（AUM）超过340亿美元。在过去的一个月中，GBTC通过在强劲的机构资金流入的积极购买中增加了近5万个比特币来增加了持有量。美国公司对比特币的最新兴趣使机构资金流入不断增加。--- Coingape 02/13/2021
迈阿密市长弗朗西斯·苏亚雷斯（Francis Suarez）称赞迈阿密市管理委员会周四通过了一项决议，该决议将研究向员工用比特币支付薪水以及允许居民支付费用的可行性，“我要感谢迈阿密市专员支持我的决议，经过分析的城市经理，要促使供应商向我们的员工提供以比特币支付的工资的一部分，允许我们的居民以比特币支付费用……[并允许]以比特币支付税款。苏亚雷斯在周四晚间的一段录像中说：“在迈阿密市成为一个非常'加密转发'的城市真是太好了，我要感谢我的委员会同事允许这样做。” ---福克斯新闻02 / 13/2021
德意志银行加入了越来越多的大型金融机构的行列，探索加密货币托管，并希望为投资于该资产类别的对冲基金提供高接触服务。每年在瑞士达沃斯（Davos）举行的论坛会议主办方世界经济论坛（World Economic Forum）一份鲜为人知的报告称，德意志银行数字资产托管原型旨在开发“为机构客户及其数字资产提供完全集成的托管平台，从而提供与更广泛的加密货币生态系统的无缝连接”。 --- Coindesk 02/13/2021
印度政府似乎决心要禁止该国的加密货币业务。 BloombergQuint援引熟悉此事的消息人士和官员的话报道，印度可能会继续全面禁止加密货币投资。要求匿名的一位财政部高级官员告诉该出版物，根据议会将颁布的新法律，任何形式的加密货币都将被禁止使用。这也将包括禁止直接通过外汇进行交易的规定。但是，该规定不会在一夜之间通过。这意味着，一旦该法律生效，投资者将获得3-6个月的过渡期，以完全清算其投资。 -Coingape 02/13/2021
Cathie Wood的ARK Investment Management在2020年第四季度将其持有的Grayscale Bitcoin Investment Trust（GBTC）的持有量增加了214万股，从而将其在市场领先的机构比特币投资工具中的持有量增加至731万股。 ARK持有的GBTC价值3.575亿美元。 --- Coindesk 2021年2月12日
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