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SGT 0815
📈 BTC | $46,985 (+2,102, +4.7%)
📈 ETH | $3,427 (+151, +4.6%)
📈 XRP | $1.09 (+0.03, +2.5%)
📈 LTC | $182 (+2.6, +1.5%)
📈 Total Crypto Market Cap: $2.13T (+3.9%)
🤔 Major Ethereum competitor Solana saw a seven-hour network outage across its multi-billion dollar network yesterday, putting a halt to all DeFi projects relying on the blockchain. This is the second time in two weeks that Solana’s network has experienced “instability”.
⛈ The Bitcoin Fear and Greed Index showed Bitcoin moving into “Fear” over the past day (still in “Fear” as of 0800HRS). September has been the worst month for Bitcoin based on past returns, with many investors on edge over Bitcoin volatility in recent days largely thanks to comments from regulators.
👮 An “attack” on the Ethereum network yesterday affected only around 0.8% of all validating nodes, far from the half required to gain control over the network. Similar exploits are expected to fail, given the increasing scale of difficulty for executing such attacks.
Cryptocurrency CFD is available for trading on Phillip MetaTrader 5 (MT5).
Features of trading CFD
- Trade in both the bull and the bear markets
The ability to enter a long and/or short position allows traders to take advantage of both rising and falling markets. - Smaller barrier to entry
CFDs typically have flexible and smaller contract sizes. This means that traders will be able to enter into a CFD contract with a modest amount of capital. - No expiration date or risk of delivery
Unlike futures which commonly have a fixed expiration date, CFDs allow traders to perpetually hold the position(s). CFDs are cash settled, no need to worry about the delivery of the underlying asset.
Trade Bitcoin, Ethereum, Litecoin, and Ripple CFDs at zero commission on Phillip MetaTrader 5, a dynamic platform that offers low spreads. Integrated with Acuity Signal Centre and Trading Central Indicators, and available on mobile, web and desktop app, you will never miss a trading opportunity with Phillip MT5.
Download Trading Central’s Market Buzz for updates on more topics.
What’s more? Phillip MT5 is now supported on Mac OS! To install, simply download the file below and complete a simple installation process.
