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📈BTC | $23,081.58 ($+202.97, +0.89%)
📈ETH | $1,569.79 ($+65.96, +4.52%)
📈XRP | $0.363894 ($+0.009252, +2.42%)
📈LTC | $57.79 ($+1.88, +3.36%)
📈Total Crypto Market Cap: The global crypto market cap is $1.05T (+1.53%)
🚗In response to Tesla’s (TSLA) decision to sell $936 million worth of bitcoin during its second quarter, the price of bitcoin decreased slightly on Thursday. For the most of the past two years, prices for bitcoin and dogecoin (DOGE) have fluctuated wildly in response to Musk’s remarks regarding both digital currencies.
💰The largest bitcoin miner, Core Scientific (CORZ), has agreed to issue up to $100 million worth of shares to investment bank B Riley over the course of two years in order to increase liquidity. The firm intends to use this supplementary cash to strengthen its balance sheet and support the miner’s growth.
👨⚖️Ishan Wahi, a former product manager for Coinbase (COIN), and two other individuals were charged on Thursday with wire fraud and insider trading by the U.S. Department of Justice (DOJ). Ishan Wahi is accused by the DOJ of disclosing details about the crypto assets that Coinbase will list before the actual listing took place.
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.
