SGT 0815
📈 BTC | $60,599 (+$1,674, +2.8%)
📈 ETH | $4,291 (+$332, +8.4%)
📈 XRP | $1.06 ($0.01, +5.4%)
📈 LTC | $189 (+$7, +3.6%)
📈 Total Crypto Market Cap: $2.58T (+5.2%)
🐋 The third-largest Bitcoin wallet with over 100K BTC bought the dip recently, scooping up around 1,161 BTC at around $58,500. El Salvador also bought around $25 million worth of Bitcoin (420 BTC), taking the nation’s holdings to around 1,100.
🤔 Facebook’s re-branding to Meta will likely have massive implications on the cryptocurrency space. As the company delves into metaverse-related offerings, NFTs are likely to be an increasingly important feature for creating unique identities, as well as for securing transactions between individuals.
🔎 XRP (Ripple) has been gaining increased attention on social media, with a large spike in the number of unique addresses utilising the Ripple network this month. Traditionally speaking, this tends to be a leading bullish indicator for the token, which may bear further watching in the coming days.
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.