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SGT 0815
📉 BTC | $62,435 (-$3,233, -4.9%)
📉 ETH | $4,079 (-$102, -2.4%)
📉 XRP | $1.09 (-$0.06, -5.0%)
📉 LTC | $198 (-$10, -4.8%)
📉 Total Crypto Market Cap: $2.55T (-3.5%)
🏪 Walmart has begun hosting a network of 200 Bitcoin ATMs in their stores across the country, run by crypto wallet and payment company Coinme. This development was relatively quiescent, coming after a fake press release last month falsely purported that the retailing giant was to accept Litecoin for payments in their stores.
🤑 At current prices, the Bitcoin Fear & Greed Index is showing Extreme Greed (84/100), as excitement over the Bitcoin futures ETF is driving average BTC funding rates to its highest level in over six months on several exchanges. Spikes in funding rates tend to herald sharp sell-offs in BTC.
🏹 Robinhood’s (-1.3%) waitlist for its crypto wallet offering was revealed to have over one million people currently, highlighting the scale of demand for crypto services. Approx. 41% of the companies revenue is from crypto trading, with more than half of the company’s customers trading cryptocurrencies.
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.
