StormGain is a crypto trading platform for everyone. It’s a convenient solution for those who want to profit from either the growth or decline of the cryptocurrency market and from long-term investments in crypto assets. Available on any device, StormGain allows you to start trading the most popular and most capitalised coins with a multiplier of up to 200x, or you can just buy and hodl crypto.

FTX clients unhappy with upcoming 118% bankruptcy payouts

17 May 2024 1 minute read 0 comments Stormgain

In November 2022, FTX, the third-largest crypto exchange, collapsed as a result of diverting customers' funds to its affiliate company, Alameda Research. Funds from the company it controlled were spent on political donations, purchasing luxury real e...

Record outflows from Hong Kong ETFs

15 May 2024 1 minute read 0 comments Stormgain

The last major event to move Bitcoin's price was the launch of spot ETFs in Hong Kong in early May. The ETF market's small market capitalisation of $50 billion (versus $9 trillion in the US) has been offset by rumours of an imminent connection to the...

Factors for Ethereum's fall in May

14 May 2024 2 minute read 0 comments Stormgain

For the third year in a row now, Ethereum has been outpaced by Bitcoin. This year alone, it's dropped by 13% compared to the original cryptocurrency. Two important factors point to this trend strengthening in May. Image source: cryptocurrency exchan...

Miners' record profits aren't a reason to buy their stocks

13 May 2024 1 minute read 0 comments Stormgain

Q1 2024 was phenomenal in terms of many publicly traded miners' profitability. Riot Platforms put up a record-high net profit of $211.8 million, with 249% growth compared to the previous quarter. Image source: Marathon Digital, which...

Bitcoin inflow to crypto exchanges hits 10-year low

9 May 2024 1 minute read 0 comments Stormgain

While some analysts are predicting that Bitcoin will drop to $40,000 per coin and others are talking about the end of the bull cycle after hitting a new all-time high, network metrics are showing growing pressure from the demand side. The current cyc...

Crypto funds see outflow of funds for second week in a row

24 Apr 2024 1 minute read 0 comments Stormgain

The recent halving event was characterised by explosive growth in commission thanks to the introduction of the Runes protocol in the same block. The new protocol makes it possible to mint a new subtype of meme coins. The speculative frenzy hasn't run...

Bitcoin's halving and the second phase of tokenomania

23 Apr 2024 1 minute read 1 comment Stormgain

The 840,000th block on the Bitcoin network marked the latest halving and the introduction of the Runes protocol that opened the second memecoin hunting season. Instead of seeing lower revenue, miners encountered record-high growth. On 20 April, the r...

Bitcoin After Halving 2024: What's Next?

19 Apr 2024 5 minute read 0 comments Stormgain

With the countdown to the Bitcoin halving event of 2024 underway, the cryptocurrency community eagerly awaits the implications of this milestone. With the halving date drawing near, let's assess the implications of this event and explore its potentia...

Hong Kong won't help. Bitcoin's correction picks up pace

18 Apr 2024 1 minute read 0 comments Stormgain

Last week, the outflow from ETFs reached $126 million, with spot ETFs in the United States accounting for $83 million of that. Yesterday, this trend only consolidated further after experiencing another $37 million loss. Image source: StormGain infog...

Bitcoin sees new growth factors

16 Apr 2024 1 minute read 0 comments Stormgain

This year, US spot Bitcoin ETFs have made up 75% of investment inflows into the cryptocurrency. Their combined balance now totals $12.5 billion, and the US share of global inflows into crypto ETFs exceeds 95%. Image source: Interest in...