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📈BTC | $19,908.10 (-$31.10, -0.16%)
📈ETH | $1,090.23 (-$5.33, -0.49%)
📈XRP | $0.3132 (-$0.00073, -0.23%)
📈LTC | $48.67 (+$00, +0.00%)
📈Total Crypto Market Cap: The global crypto market cap is $887.85B (-2.97%).
😥 Bitcoin’s gains towards $22K last Friday did not sustain as prices fell for the fifth consecutive day to hover around the psychology support level at $20K. US June Consumer Price Index (CPI) will be an important report to watch to assess if the Fed’s hawkish policy had helped to slow inflation. Any data above consensus would be bearish for the risk assets.
🚶🏼♂️Celsius Network, the crypto loan company that halted customer withdrawals because of liquidity troubles reclaims $172M collateral from Aave as it paid down $95 million of its debt to the Aave and Compound DeFi platforms.
🏦 The International Organization of Securities Commissions (IOSCO), an association of securities regulators from around the world, is developing policy recommendations for crypto, according to a road map published Friday. IOSCO’s fintech task force will focus on policy-focused work relating to crypto assets for the next 12 months to 24 months.
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.
