BitDigest February 16 · Issue #842

• Bitcoin hits a new high and is eyeing $50,000
• Russia’s Duma has formally approved a new tax bill recognizing digital currencies as property
• JP Morgan and Morgan Stanley are both looking at getting involved in crypto activities

Crypto Fear & Greed Index

The Fear & Greed Index for bitcoin and other large cryptocurrencies has repeated last week’s all-time-high and continues to post a 95 following bitcoin’s break of the $49,000 level. Over the past 7-days the index has held over 92 as sentiment remains in an “extreme greed” level.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem