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By CryptoSaint · Posted
The crypto market is buzzing with activity, and both Bitcoin (BTC) and Ethereum (ETH) are making waves. Let’s break down the latest movements in their prices and what’s driving these changes. Bitcoin Price Update Bitcoin's price surge: BTC is now trading at $60,172, marking a 4.21% jump over the past 24 hours. Intraday performance: Bitcoin hit a low of $57,650.11 and a high of $60,656.72 today. ETF inflows: Bitcoin ETF inflows have risen to $263.07 million as of September 14. This influx of capital seems to be supporting BTC’s price surge. Market dominance: Bitcoin’s dominance increased by 0.37%, now standing at 56.56%. Market cap: Bitcoin's overall market capitalization has hit $1.19 trillion, reinforcing its leading position in the crypto world. Ethereum Price Update Ethereum’s rise: ETH price has climbed nearly 3% in the past 24 hours and is currently priced at $2,422, as per Coinpedia markets Intraday range: The second-largest cryptocurrency saw a low of $2,338.14 and a high of $2,462.80. ETF inflows: Ethereum ETFs have also seen positive inflows, with $1.52 million added as of September 14. Market cap: Ethereum’s total market cap now stands at $292.89 billion. Expert Insights: A Shift in Market Behavior? Crypto analyst ALI has shared some interesting data about the market activity of Bitcoin and Ethereum. According to ALI: Capital exiting BTC and ETH: Around $2.6 billion worth of Bitcoin and Ethereum has exited the market in the past week. This may be due to sluggish price action, suggesting that some investors are shifting to other altcoins. A possible altcoin pump: Despite the recent outflows, the total market cap has rebounded to $2 trillion, leading many to believe that a major pump may be on the horizon—not just for Bitcoin, but for altcoins as well. What’s Next for the Crypto Market? It looks like the crypto market could be gearing up for a strong rally. Both Bitcoin and Ethereum are seeing solid price movements, and with ETF inflows rising, investor confidence appears to be high. If the market continues to stabilize above the $2 trillion mark, we could see even more bullish activity in the coming days. -
By cryptomaga · Posted
I hope hamster airdrop is worth it because i invested a lot of time on this mining. I might as well explore other giveaways from exchanges
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Question
ThirdTimesACharm
Hi everyone, let me cut to the chase.
*Removed upon request*
If you could help with any of my questions below, I'd be very grateful:
General
Q1) What books would you recommend to get better at trading CFDs?
Q2) What books would you recommend to learn about Futures?
Q3) What books would you recommend to understand the Commodities markets?
Underlying assets
Q4a) What is the underlying asset the Natural Gas price is derived from (my best guess is Henry Hub on CME)?
Being an amateur I was not aware there are multiple gas trading hubs with vastly different exposure to world events. Not knowing this certainly contributed to my failings.
Q4b) More generally, is there a list somewhere or a method to determine the asset and market behind any given CFD product on IG?
Q5) What is the underlying asset behind the UK Natural Gas product? My guess is NBP on ICE but the liquidity is extremely low.
Market data
Q6) Does IG provide paid access to real-time quotes (Level 1) and market depth (Level 2) data for futures on commodity markets like CME or NYMEX? Because these are not listed anywhere in the Data Feeds section in Settings.
Q7) Naturally, the above makes me wonder, is pricing (bid/ask) data delayed by 10 minutes (let's call it Level 0) or is it real-time?
Q8) Does "Data is indicative" disclaimer (displayed in the bottom left corner on each chart) mean the charts can be vastly off the actual market data? Is there some sort of error rate or accuracy level that IG can guarantee?
Feel free to offer other advice as well if you wish. I appreciate it.
Thank you in advance and have a wonderful day.
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