Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Ethereum developers raise the alarm about too many validators

25 Sep 2023 1 minute read 0 comments Stormgain

After the switch to PoS, the network began to rely on validators instead of miners, and users were happy with the opportunities to make passive income. Ethereum staking became so attractive that even pressure on the staking programme in the US and it...

Why Maker (MKR) grew by 160% in 2023

22 Sep 2023 1 minute read 2 comments Stormgain

MKR is a management token on the decentralised Maker platform. Its holders can either make suggestions on changes to the ecosystem or vote for innovations by sending coins. The main product of DAO Maker is the DAI stablecoin, launched in 2017 and peg...

Crypto market participants' sentiment

21 Sep 2023 1 minute read 1 comment Stormgain

Institutional investors using ETFs increasingly resemble short-term holders in terms of their behaviour. After news emerged of mass applications for Bitcoin spot ETFs to the SEC, they increased investments at a record pace for the past year, investin...

Escalation of the Binance vs SEC conflict

20 Sep 2023 2 minute read 0 comments Stormgain

The SEC sued the crypto exchange and its CEO Changpeng Zhao for violating a number of US laws. These include the parent company (Binance Ltd) accessing American clients' funds, mixing client funds with company funds, violating the Securities Act (the...

Players flee Axie Infinity. AXS token's value has fallen three-fold in a year

19 Sep 2023 1 minute read 1 comment Stormgain

The NFT sector is suffering huge losses amid the cryptocurrency market's fall, with Play-to-Earn games being affected the most. According to all-time data, Axie Infinity collections still lead the NFT market with 20 million transactions and a $4.3 bi...

The number of active addresses in Ethereum exceeded 1 million

18 Sep 2023 1 minute read 0 comments Stormgain

Ethereum is celebrating the anniversary of its transition to a PoS algorithm. On 15 September 2022, the network declined miners' services in favour of validators. On the same day, SEC Chairman Gary Gensler announced that all PoS coins could be consid...

Trust and stability metrics for Coinbase, Binance and HTX reserves

15 Sep 2023 1 minute read 0 comments Stormgain

Yesterday, Huobi rebranded to HTX. The crypto exchange explained this 10th-anniversary decision: H stands for Huobi, T stands for its close link to the TRON blockchain, and X stands for the Roman numeral for 10 and symbolises the main function ('eXch...

Solana storm: A $1.2 billion coin sell-off is coming

14 Sep 2023 1 minute read 2 comments Stormgain

The series of 2022 collapses continues to affect the cryptocurrency market. Next up is the Solana network and its close business ties with the collapsed FTX. In mid-January, we warned that the sell-off of the reserves would lead to SOL's price declin...

It's hodlers' time. Short-term BTC holders' reserves are at a 12-year low

13 Sep 2023 1 minute read 0 comments Stormgain

The cryptocurrency market continues to drift amid low liquidity and volatility. Even a slight revival due to Grayscale's interim victory over the SEC didn't affect the metrics. The volume of coins changing hands declined to $2.4 billion a day. These...

$45,000 is Bitcoin's fair value price based on energy value

12 Sep 2023 1 minute read 1 comment Stormgain

Back in 2019, Charles Edwards, the founder of Capriole Investments, presented Bitcoin's fair value model, which is still quite relevant. It's based on an assessment of the volume and cost of energy consumed, as well as the supply growth rate. The mod...