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📈BTC | $23,373.20 (+$1,281.70, +5.80%)
📈ETH | $1,546.56 (+$24.95, +1.64%)
📈XRP | $0.372846 ($0.015206, +4.25%)
📈LTC | $58.09 (+$1.27,+2.24%)
📈Total Crypto Market Cap: The global crypto market cap is $1.05T (+1.9%)
😘Tuesday’s trading saw the Ethereum Merge and increased investor optimism about the economy contribute to the steady climb in crypto prices. Bitcoin soared above the $23k mark, trading at $23,300. BTC’s performance pales in comparison to ether, which has surged by around 50% over the last week as news of the Merge was announced.
🙊Yuga Labs, the development company behind well-known NFT collection Bored Apes Yacht Club, said in a tweet on Monday that assailants are using phishing scams to target the non-fungible tokens (NFT) community. The warning was issued in light of recent NFT exploits that have cost millions of dollars.
🏦According to the Monetary Authority of Singapore (MAS), Singapore does not have complete regulation over struggling crypto companies that are headquartered there. Cryptocurrency markets have lost about $2 trillion in a couple of weeks during the most recent market slump, causing Singapore to toughen its stance on digital assets.
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.
