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SGT 0815
📉 BTC | $41,149 (-$631, -1.5%)
📉 ETH | $2,823 (-$40, -1.4%)
📉 XRP | $0.90 (-$0.01, -1.5%)
📉 LTC | $141 (-$3, -2.2%)
📉 Total Crypto Market Cap: $1.82T (-2.7%)
🔎 Bitcoin – which has a long-term trend of bearishness during periods of Dollar bullishness, fell yesterday as the outlook for the greenback strengthened amidst impending taper expectations.
⛏ Alibaba has just announced that it will be stopping the sale of crypto mining rigs, accessories, and cryptocurrencies on its platforms, the sale of mining-capable PCs with multiple GPUs are surging – with small-scale GPU-based mining activity rising strongly in recent days.
🤡 In an epic (likely) fat-finger incident, the Bitfinex crypto exchange paid $23.7 million in transaction fees to move $100K in Tether stablecoins to DeversiFi, a de-centralised exchange (DEX) originally set up with the aim of facilitating… cheap transfers of Tether.
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.
