Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Why Bitcoin's fee soared from $0.50 to $8 and will continue to grow

10 Nov 2023 1 minute read 1 comment Stormgain

A month and a half ago, the price of a simple transfer was under 50 cents, despite the record-high number of transactions. We gave a detailed explanation of the causes of this phenomenon in our previous article. The number of transactions has now re...

Bitcoin faces a potential supply shock

9 Nov 2023 1 minute read 2 comments Stormgain

Due to the influx of new investors and the unwillingness of hodlers to part with their coins, it's becoming increasingly harder to find available Bitcoin. Currently, 68.8% of coins from the circulating supply have remained idle in wallets for over a...

Bitcoin hits new highs

8 Nov 2023 1 minute read 0 comments Stormgain

Renewed interest in cryptos led to new one-year and all-time highs. The net inflow of capital into digital assets over the past 30 days reached $11 billion, which is the best result in 2023. Over the past six weeks, $767 million of institutional cap...

Bitcoin appreciates 93% versus gold in 2023

7 Nov 2023 1 minute read 3 comments Stormgain

Renewed interest in cryptocurrencies has led to a record inflow of institutional capital into exchange-traded funds and really put a gap between Bitcoin and traditional investment instruments such as stocks and gold. Ethereum's price rose by 39% agai...

Why Solana doubled in price in 40 days

3 Nov 2023 1 minute read 2 comments Stormgain

Since October, Solana's price has doubled to $42 per coin, reaching a market capitalisation of $17.5 billion. SOL is fourth in the overall altcoin rating (excluding stablecoins) and second in terms of daily trading volume. Solana is the top altcoin...

Weekly inflow into crypto funds exceeded the annual level

2 Nov 2023 1 minute read 0 comments Stormgain

Existing exchange-traded crypto funds are seeing high demand for crypto's. Last week, the net annual inflow totalled $260 million, while $326 million in investments came in during the same week. This is primarily because institutional investors are...

5 events to follow as a crypto investor

1 Nov 2023 2 minute read 0 comments Stormgain

Binance trial Binance is the largest crypto exchange, with a 52% share in the derivatives market. But its share in the spot market declined from 55% to 34% in 2023. This was due to American regulators who limited the American division's operation and...

Bitcoin hits new highs in Argentina, Turkey and Nigeria

31 Oct 2023 1 minute read 1 comment Stormgain

For some developing countries, inflation is an extremely acute economic problem that indicates a rise in the cost of goods and a drop in the population's purchasing power. The countries experiencing the highest inflation today are Venezuela (360%) an...

Solana overtakes Bitcoin in terms of growth in investments in crypto funds

30 Oct 2023 1 minute read 0 comments Stormgain

In October 2023, the crypto market has been seeing a significant revival expressed both in the growth of retail trade and activity among institutional capital. Crypto funds are recording a 44.3% increase in daily trade volume compared to September....

Open interest on the CME sets a record of 100,000 BTC

26 Oct 2023 1 minute read 2 comments Stormgain

The anticipation that a spot Bitcoin ETF will soon appear in the United States is fuelling investment interest in the cryptocurrency. Both retail traders and institutional investors are showing signs of renewed activity. Open interest in futures on t...