Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Rags to riches: MicroStrategy is about to make $1 billion in profits

25 Oct 2023 1 minute read 0 comments Stormgain

MicroStrategy, the largest public Bitcoin holder, epitomises the buy-and-hold strategy in the cryptocurrency market. The company made its first purchase in September 2020 for $11,600 a coin and continued to add to its holdings once a quarter. It held...

JPMorgan: Bitcoin spot ETFs to be approved by 10 January

24 Oct 2023 1 minute read 2 comments Stormgain

Bitcoin is once again approaching a six-month high of around $30,000, gaining 13% in October. This growth is due to the approaching deadline for approving Bitcoin spot ETF applications and the SEC's refusal to appeal the court's decision on Grayscal...

How to protect your crypto wallet

23 Oct 2023 7 minute read 0 comments Stormgain

Security is one of the most important words in crypto. It's also one of the reasons why many people hesitate to invest in cryptocurrency. However, protecting your funds is easier than you think. There are several simple rules on how to protect a cryp...

What’s happening with DOGE in 2023

20 Oct 2023 1 minute read 0 comments Stormgain

Dogecoin shone brightly during the recent bull market, but what’s been going on with it in 2023? Let’s explore the key events, on-chain data and what to keep an eye on (it’s pretty obvious) if you’re thinking about trading DOGE. Key Events in 2023...

Bitcoin halving 2024: How important is it?

20 Oct 2023 2 minute read 0 comments Stormgain

The Swan Pacific Bitcoin festival recently hosted a panel discussion with the provocative title, "Are halving price cycles bullshit?" Led by Nik Bhatia, the founder of Bitcoin Layer, the panel featured insights from prominent figures in the cryptocur...

Bitcoin briefly breaks $30K following false rumour of spot ETF approval

18 Oct 2023 2 minute read 0 comments Stormgain

Bitcoin (BTC) experienced a sudden and significant price surge, briefly rising past $30,000 on Monday. The reason behind this surge was a false report suggesting that the US Securities and Exchange Commission (SEC) had granted approval for the first...

Interest in staking declined due to Ethereum's weakness

17 Oct 2023 1 minute read 1 comment Stormgain

We recently covered the growing load on the Ethereum network due to the massive inflow of validators. The project's developers estimate that the number of validators will double by mid-2024 to reach 2 million. However, the market is making adjustmen...

Caroline Ellison: We took $10 billion of client funds out of FTX

13 Oct 2023 2 minute read 0 comments Stormgain

Court hearings continue for collapsed crypto exchange FTX and CEO Sam Bankman-Fried (SBF). His close associates, FTX CTO Gary Wang and Alameda Research CEO Caroline Ellison, have pleaded guilty to fraud charges and reached a deal with the investigati...

Hodlers accumulate 50,000 BTC per month

12 Oct 2023 1 minute read 0 comments Stormgain

In recent months, Bitcoin has been traded with only minor price changes, leaving the realised capitalisation indicator net position change near zero. The average volume per exchange decreased to 0.44 BTC per active address. A similar pattern was pre...

Binance's market share dropped from 55% to 34%

11 Oct 2023 1 minute read 1 comment Stormgain

In 2023, Binance is seeing the worst performance among major crypto exchanges. Its market share declined to 34% in the spot trading market, and its September turnover dropped to $115 billion. This is the lowest figure since October 2020. The decline...