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📈BTC | $20,392.77 (+$347.41, +1.73%)
📈ETH | $1,098.49 (+$8.33, +0.76%)
📈XRP | $0.331470 (+$0.007194, +2.22%)
📈LTC | $54.87 (+$2.10, +3.89%)
📈Total Crypto Market Cap: The global crypto market cap is $904.58B (+1.48%)
😖 Bitcoin rebounded back to trade above $20,300 this morning despite breaking below its $20,000 support level yesterday. The fall comes amidst a flurry of discouraging economic indicators and news, with Singapore’s central bank reprimanding crypto hedge fund Three Arrows Capital for misleading investors with falsified information and the US Fed reinstating their commitment toward monetary hawkishness. Bitcoin was up 1.7% from the past 24 hours. Ether traded at $1,098, up 0.7% . Other major altcoins such as XRP and LTC assumed different shades of green, increasing by 2% and 3% respectively.
🎭The hacktivist collective Anonymous has vowed to prosecute Terra founder Do Kwon for the May ecosystem collapses of Terra (LUNA) and TerraUSD (UST). On Sunday, a video allegedly made by the hacker collective Anonymous rehashed a long list of Kwon’s alleged wrongdoings, including a withdrawal of $80 million per month from UST and LUNA before the latter’s collapse and his part in the downfall of the stable coin Basis Cash.
💰Struggling crypto lender BlockFi might soon be acquired by cryptocurrency exchange FTX for $25 million. BlockFi planned to close a down round of funding earlier this month at a $1 billion, as opposed to its previous $3 billion valuation in March last year. BlockFi had previously received a $250 million credit line from FTX, and the lender announced in mid-June that it was laying off around 20% of its workforce.
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.
