StormGain is a crypto trading platform for everyone.
11 Sep 2023 1 minute read 0 comments Stormgain
Binance has had a rough go in 2023. A number of regulators around the world initiated investigations into it, with Australia even withdrawing its license. Because of financial management concerns, Paxos refused to continue minting BUSD, with the stab...
8 Sep 2023 1 minute read 0 comments Stormgain
After Ethereum switched to a Proof-of-Staking protocol, it ran into pressure from American regulators. According to the SEC, the offer of passive income via staking means the coin should be considered a security. This made it possible for the supervi...
7 Sep 2023 1 minute read 0 comments Stormgain
Institutional investors were the main drivers of the cryptocurrencies' growth in 2020 and 2021. The Grayscale trust fund alone acquired over 600,000 BTC (approximately $16 billion). These market players' preferences can form a long-term trend. An an...
5 Sep 2023 1 minute read 0 comments Stormgain
At its peak, BUSD ranked third among stablecoins, with a market capitalisation of up to $23 billion. But Binance CEO Changpeng Zhao's (CZ) attempt to force out the competition has failed. In 2024, BUSD will leave the market for good. In 2022, to str...
21 Aug 2023 1 minute read 1 comment Stormgain
Bitcoin (BTC) continues to tread water below the $30,000 line, dragging down a host of altcoins with it as Dogecoin (DOGE), Solana (SOL) and Polygon (MATIC) all fell by 6-7% midweek. The malaise remains in place even as data shows an uptick in BTC ac...
16 Aug 2023 1 minute read 1 comment Stormgain
Monday was a quiet day for major cryptos, including Bitcoin (BTC) and Ethereum (ETH), which saw only lacklustre market action over the weekend in what emerged as one of the lowest volatility periods in crypto history. Bitcoin is holding out at just...
14 Aug 2023 1 minute read 0 comments Stormgain
The gaming segment of the crypto market has seen better days. Sales are down 90% compared to the best months of 2022. Sector investments have also experienced a decline and are now performing worse in terms of the number of new jobs. The situation f...
9 Aug 2023 1 minute read 1 comment Stormgain
Bitcoin's 1-12 months of volatility is at the lowest point since 2016. In the history of cryptocurrency, which is characterised by large price swings, only a few months have been calmer. Following the decline in volatility, trading volumes in the de...
8 Aug 2023 1 minute read 2 comments Stormgain
Last week, we covered the hack of the Curve decentralised exchange and the risk that put the entire DeFi sector in due to cross-lending. For a quick resolution, the hacker was offered a 10% reward and a waiver of legal claims for returning the stolen...
7 Aug 2023 1 minute read 1 comment Stormgain
On 30 July, Curve Finance experienced a hack that could lead to a chain reaction in DeFi. In a week, the outflow of funds from various lending programmes has reached $2.7 billion. Because CRV/ETH, alETH/ETH, msETH/ETH and pETH/ET used the earlier ve...
