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Stormgain

StormGain is a crypto trading platform for everyone.


Crypto derivatives market share sets new highs

10 Oct 2023 1 minute read 0 comments Stormgain

The cryptocurrency market's volume continues to decline, reaching levels it last saw in 2019. In September, the spot trading volume amounted to only $336 billion, while derivatives volume was at $1.3 trillion. Interest in trading derivatives is decl...

FTX case: Client deposits were used to repay loans

9 Oct 2023 2 minute read 1 comment Stormgain

In November 2022, FTX, one of the largest crypto exchanges, went bankrupt. Until his arrest, CEO Sam Bankman-Fried (SBF) spent the last year giving interviews in his defence, trying to convince the public that there were no evil intentions. He also a...

New Cryptocurrencies for Mining in 2023

6 Oct 2023 5 minute read 0 comments Stormgain

Cryptocurrency mining can be costly, as it involves purchasing GPUs (or ASICs) and other computer components. However, there are specific cryptocurrencies that are easier to mine without the need for an extensive mining rig. By solving complex equati...

Ordinals are receding, commission on the Bitcoin network collapses to $0.12

5 Oct 2023 1 minute read 1 comment Stormgain

The Ordinals protocol led to the spread of images (similar to NFTs) in the Bitcoin network and then quasi-tokens (BRC-20). The greatest enthusiasm was seen in May when the network experienced congestion and the average commission exceeded $30. After...

Lido's monopoly is a systemic risk for Ethereum

4 Oct 2023 1 minute read 0 comments Stormgain

Ethereum's move to PoS has generated some serious problems requiring developers to intervene. First, staking turned out to be too attractive, and because of the growth in validators, it often faces large-scale failures (read more on that in our artic...

Uptober: What's behind cryptocurrencies' growth?

3 Oct 2023 1 minute read 2 comments Stormgain

October is traditionally a good month for cryptocurrencies. Historically, Bitcoin has closed the month positively in 8 out of 10 cases for a 22% average increase. There are positive factors behind every major growth. This time, the hopes for Uptober...

When is the best time to buy Bitcoin?

2 Oct 2023 4 minute read 1 comment Stormgain

With the rise in cryptocurrencies' popularity and adoption, more and more people are considering investing in them. This is especially true for the first and most famous cryptocurrency, Bitcoin, whose price changes affect the entire cryptocurrency ma...

Why the record number of BTC transactions isn't leading to higher fees

28 Sep 2023 1 minute read 0 comments Stormgain

Since May 2023, the number of daily transactions has consistently exceeded 500,000, a number that was previously unattainable. The amount of information that can be transmitted via the network is very limited, so this spike in transactions should lea...

The cryptocurrency market's depth declines

27 Sep 2023 1 minute read 0 comments Stormgain

For the past six months, many cryptocurrencies have lingered in a pretty narrow range. This is due to a lack of factors capable of significantly affecting prices and the continued outflow of capital. The latter reason is best illustrated by a decline...

Changes in the stablecoin market

26 Sep 2023 1 minute read 0 comments Stormgain

Stablecoin market capitalisation has decreased for the 18th month in a row, declining to $124 billion. This is the lowest it's been since September 2021. The share in the total volume of coins also continues to decline, reaching 11.6% of the crypto m...