GuShiio.com Daily key market data review and trend analysis are jointly produced by PANNews and OSL.
1. Market Watch
Keywords: ETF, ETH, BTC
Strategy (formerly Microstrategy) plans to expand its Bitcoin holdings by issuing $2 billion in senior convertible bonds, a move that triggered a chain reaction, with companies such as Goodfood and Lightspark launching similar investment actions. In terms of the development of the cryptocurrency ecosystem, the Ethereum Foundation has launched an Open Intent Framework, which aims to simplify cross-chain asset transfers and unify the Ethereum ecosystem, especially to address efficiency issues caused by the increasingly fragmented L2 ecosystem. Affected by this positive impact, Ethereum prices show an upward trend and are expected to rise to US$4,000. In contrast, the bitcoin market is facing a dual test of demand and liquidity. Although some analysts point out that the price of bitcoin may climb to US$99,000, market views are clearly divided. Well-known investor Stephen Weiss has reduced his holdings of Bitcoin due to weakening market momentum. Technical analysis also shows that Bitcoin is hovering on the historical indicator line of the bull-bear boundary. However, institutional investors including Strategy, Goodfood and BlackRock are still actively deploying, while industry experts such as Lightspark’s David Marcus, Czech National Bank President Aleš Michl and Bloomberg ETF analyst Eric Balchunas also continue to be optimistic about the prospects of Bitcoin, believing that it is expected to usher in a new golden period of development.
2. Key Data (as of February 21 09:50 HKT)
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S & P 500: 6,117.52 points (+4.01% during the year)
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Nasdaq: 19,962.36 points (+3.37% during the year)
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10-year US bond yield: 4.502%(-7.40 basis points during the year)
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US dollar index: 106.53 (-1.80% during the year)
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Bitcoin: US$98,374 (+5.31% during the year), daily spot trading volume was US$29.49 billion
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Ethereum: US$2,742.74 (-18.00% during the year), daily spot trading volume was US$14.93 billion
3. ETF flow direction (EST, February 20)
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Bitcoin ETF: -252.8 million US dollars
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Ethereum ETF: -13.1 million US dollars
4. Important dates (Hong Kong time)
Initial unemployment claims (21:30 on February 20)
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Actual: 219,000/Previous: 213,000/Expected: 215,000
Minutes of the Federal Reserve Meeting (February 20, 03:30)
5. hot news
Australia ETF operator BetaShares launches BTC ETF
Franklin Templeton launches Bitcoin and Ethereum Index ETF
Grayscale’s XRP ETF has been released to the Federal Register, and the US SEC needs to make a decision by October 18
Canary Fund’s “Litecoin ETF” has been added to the DTCC website
Argentina’s Senate asks government to provide report on LIBRA token scandal
SBF changes political stance to support Trump in his first interview in prison, trying to seek pardon
Crypto exchange Kraken is considering launching stablecoins
Coinbase will launch Kaito (KAITO)
Figure received approval from the US Securities and Exchange Commission to issue its first interest-bearing stablecoin
The US SEC announces the establishment of a cyber and emerging technology division to protect retail investors, involving combating crypto-asset fraud
In the United States, the number of initial jobless claims in the week ending February 15 was 219,000, and the expected number was 215,000. The previous value was revised to 214,000
Wintermute, one of the KAITO market makers, received 1.2 million tokens from a multi-signed address 3 hours ago
Market news: Coinbase and Kraken are still discussing acquiring Deribit
Binance contracts will add 50 U-standard perpetual contracts
Coinbase adds tokenbot (CLANKER) to the Bitcoin roadmap
Montana’s “Strategic Bitcoin Reserve” bill passed committee review and entered the House vote stage
Supported by OSL-Hong Kong’s largest over-the-counter trading platform has continued to provide regulated digital asset services to the market since 2018.
