StormGain is a crypto trading platform for everyone.
27 Nov 2023 1 minute read 0 comments Stormgain
Bitcoin offers the highest degree of decentralisation and is considered to be free from censorship. However, a developer under the pseudonym 0xb10c discovered evidence of the censorship of sanctioned transactions by a leading mining pool. In their re...
24 Nov 2023 1 minute read 1 comment Stormgain
Binance CEO Changpeng Zhao's guilty plea to violating US laws and striking a pre-trial settlement, which includes an industry-record $4bn fine, led to widely-anticipated turmoil in the markets. In the 24 hours that followed, nearly $200 million worth...
23 Nov 2023 1 minute read 0 comments Stormgain
Currently, 16.4 out of a total 19.5 million Bitcoin in circulation are trading above their "starting" price. In other words, 83.6% of Bitcoin in circulation represent unrealised profits for their holders. The last time this level was reached was duri...
22 Nov 2023 1 minute read 1 comment Stormgain
The largest crypto exchange has really struggled in 2023. In February, under pressure from the New York State Department of Financial Services, stablecoin issuer Paxos refused to mint BUSD for Binance. While in June, more than ten top managers quit t...
21 Nov 2023 1 minute read 1 comment Stormgain
Interest in Solana has reached historic levels, surpassing the September 2021 record of 4.3%. Solana now accounts for 5.5% of total crypto turnover, which translates to $23.8bn each month. There is increased interest from both traders and institutio...
20 Nov 2023 1 minute read 1 comment Stormgain
The Ordinals protocol was initially developed for Bitcoin users to exchange digital objects within the network. The first wave of hype was around the minting of graphic objects that were later overtaken by BRC-20 quasi-tokens, which are inter-exchang...
16 Nov 2023 1 minute read 0 comments Stormgain
The last two years have been quite challenging for miners, and the drop in profitability has severely affected companies that borrowed money to expand. For example, Core Scientific, the biggest publicly traded miner as of late 2022, is undergoing Cha...
15 Nov 2023 1 minute read 1 comment Stormgain
The speed at which hodlers are accumulating Bitcoin is already 2.2 times faster than the speed at which new coins are being issued. Furthermore, the volume of the 'hot' supply that can be released by short-term holders (STH) is shrinking at a rapid p...
14 Nov 2023 1 minute read 0 comments Stormgain
For Ethereum investors, 2023 was a tough year as the SEC boosted efforts to label the cryptocurrency a security. The regulator's efforts led to a host of market participants, including Kraken, ceasing to provide staking services. As a result, the alt...
13 Nov 2023 1 minute read 0 comments Stormgain
In 2023, Ripple's capitalisation more than doubled to $37.2 billion. The SEC's weakening stance, which began its attacks on altcoins with XRP, and the company's new high-profile projects helped make this possible. The regulator labelled XRP a securi...
