Former CME floor trader Bob Dunn joins Merlin for a show revolving around trading Currencies through the futures market. Bob stresses the difference between the terms “Currencies and Forex”, citing significant differences. Bob also shares with listeners some stories from the trading floor days.
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XRP logs three consecutive days of declines, trimming last week's gains, and trades below $1.50. US-listed spot XRP ETFs record rising inflows, amounting to $76 million last week, but fail to cushion profit-taking headwinds.
Bitcoin trades below $82,800 at the time of writing on Monday after gaining over 4% last week, with the rally losing momentum near recent highs. Strong institutional demand, supported by spot Bitcoin Exchange Traded Fund inflows, continues to drive demand.
Pi Network extends losses below $0.090 on Monday, risking the 6% gains from last week's recovery. The Pi Core Team plans to roll out the next Protocol 28 upgrade on October 16, focused on improving transaction data handling and smart contract maintenance.
Cryptocurrency prices are broadly moderating on Monday, with Bitcoin hovering below $83,000 at the time of writing. Ethereum and Ripple reflect BTC’s weakness, as sellers return, pushing prices below $2,650 and $1.50, respectively.
