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📈BTC | $21,280.32 (+$885.00, +4.34%)
📈ETH | $1,160.12 (+$75.15, +6.93%)
📈XRP | $0.364439 (+$0.041138, +12.71%)
📈LTC | $57.02 (+$2.35, +4.30%)
📈Total Crypto Market Cap: The global crypto market cap is $939.04B (+4.16%)
☝️Bitcoin was recently trading at around $21,200, up more than 4% over the previous day to regain ground that was lost the day before. Over $1,160 worth of Ether was being exchanged, up 6%. Other major altcoins saw different shades of green, with XRP and LTC gaining by more than 12% and 4% respectively. The news comes as crypto continued trading dovetail with equities, with the Nasdaq and S&P 500 rising by 1.6% and 1% respectively.
📱The Solana network will soon have its own smartphone, the Android-powered “Saga,” according to Solana Labs. The new customized OSOM phone comes with specialized crypto wallet features and the “Solana Mobile Stack (SMS)” software development kit for Web3 applications. The phone will cost around $1,000 and be delivered in the first half of 2023.
💰Coinbase Derivatives Exchange, formerly known as FairX, is introducing its first cryptocurrency derivatives product this month. According to a press release given to CoinDesk, the futures exchange will introduce Nano Bitcoin futures (BIT) on June 27. Coinbase is also awaiting regulatory clearance for its own futures commission merchant (FCM) license in order to provide its customers with margined futures contracts.
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.
