StormGain is a crypto trading platform for everyone.
24 Jan 2024 1 minute read 2 comments Stormgain
K33 Research, which predicted Bitcoin's fall after ETF approval, is now urging investors to sell off all ADA (Cardano) holdings. According to analysts, the former leading network is about to be gone for good. Currently, it's ranked 9th in terms of ma...
23 Jan 2024 1 minute read 1 comment Stormgain
The emergency of spot Bitcoin ETFs in the US is putting downward pressure on the crypto. The conversion of Grayscale's trust fund into a Bitcoin ETF, with over 620,000 BTC worth $28.6 billion as of the transformation date, was one of the key reasons....
22 Jan 2024 1 minute read 6 comments Stormgain
This week, JPMorgan CEO Jamie Dimon cited money laundering, fraud, tax evasion and sex trafficking as key uses of Bitcoin. This assessment is typical for all fierce opponents of digital assets who consider the latter to be a tool used by criminals....
19 Jan 2024 1 minute read 0 comments Stormgain
The stablecoin market has seen better days and is still suffering from the collapse of the UST stablecoin. The total capitalisation for stablecoins has gone from a high of $188 billion at the beginning of May 2022 to just $134 billion now. This time...
18 Jan 2024 1 minute read 0 comments Stormgain
The approval of spot Bitcoin ETFs in the US was a major step towards institutionalisation, but it caused Bitcoin to fall 14% from its local high. We warned about such an outcome back at the end of the year. There are several objective reasons for thi...
17 Jan 2024 1 minute read 1 comment Stormgain
The first financial statistics on Bitcoin ETFs launched last week in the US have been released. New records were set: the total trading volume of new and existing crypto funds for the week reached $17.5 billion, with an average of $2 billion. However...
16 Jan 2024 1 minute read 2 comments Stormgain
Miners have played out the classic "buy the rumours, sell the facts" scenario. In the three days since spot Bitcoin ETFs were approved, miners sent 111,000 Bitcoin worth $5 billion to crypto exchanges. The highest volume over the past six years was s...
15 Jan 2024 5 minute read 2 comments Stormgain
Solana (SOL) has outpaced both Tron (TRX) and Ethereum (ETH) in stablecoin transfer volume, registering an astonishing $120 billion in transactions within the past week. That's a remarkable 700% surge when compared to the volumes observed in early De...
12 Jan 2024 1 minute read 0 comments Stormgain
The first application for a spot ETF submitted to the SEC was from the Winklevoss twins back in 2013. It was rejected in 2017. Despite the time that's passed, the regulator's views on the nature of digital assets haven't changed in the slightest. Her...
11 Jan 2024 1 minute read 0 comments Stormgain
Today is the deadline for approval of ARK Invest and 21Shares' joint application to create a spot Bitcoin ETF. Investment interest in this event is so strong that the total volume of open Bitcoin futures contracts on the Chicago Mercantile Exchange (...
