StormGain is a crypto trading platform for everyone.
2 Jun 2023 1 minute read 0 comments Stormgain
Bitcoin's return to growth in 2023 has been met with enthusiasm by miners actively building up their computing power. In the past five months, the complexity has increased by the same 45% as for the whole of 2022. The computational complexity increa...
1 Jun 2023 1 minute read 2 comments Stormgain
Cryptocurrency funds have been facing a month-and-a-half of investment outflows. In the past week, $39 million was pulled out, and in the past six weeks, the total amounted to $200 million. Among crypto coins, Bitcoin has seen the largest outflow, wi...
31 May 2023 1 minute read 0 comments Stormgain
Barring an increase in transactions caused by the frenzy around ordinals, Bitcoin network usage will hit a two-year low. The indicator of exchange activity is used to illustrate the situation. It gives the ratio of weekly deposit and withdrawal volum...
30 May 2023 1 minute read 1 comment Stormgain
Avalanche is one of the most promising young projects. Thanks to separating its blockchain into functional subnets, the current average transaction completion rate is 0.8 seconds. Ethereum, with its 6 minutes, looks like a dinosaur by comparison. La...
26 May 2023 1 minute read 1 comment Stormgain
The stablecoin market is going through hard times, as evidenced by its 14 consecutive months of decline. In May, the sector's capitalisation fell by another 0.5% to $130 billion. TrueUSD, however, avoided the negative trend. Its market capitalisation...
25 May 2023 1 minute read 0 comments Stormgain
Bitcoin's great take-off in Q1 brought the market back to life, but the following calm led activity to reach three-year lows. Trading volume now stands at $146 million, while the record for realised gains is $3.5 billion and $2.3 billion for recorded...
24 May 2023 1 minute read 1 comment Stormgain
Last week, the number of daily transactions on the Bitcoin network reached an all-time high of 682,000 per day, but the price didn't rise with the increased load. Ordinals caused the heightened demand. We've already covered this new way of transmitt...
23 May 2023 1 minute read 2 comments Stormgain
Portfolio investing is widely used when dealing with stocks in order to balance risks or earn profit from the growth of a specific economic sector. Some investors try applying this practice to the cryptocurrency market, but it's hard to say that it p...
22 May 2023 2 minute read 0 comments Stormgain
The low financial transparency of Tether's reserves and the lack of a full-fledged audit sometimes lead to misinterpretations of fresh data. For example, at the end of Q1, the issuer of the USDT stablecoin released a report from BDO Italian, which fo...
19 May 2023 1 minute read 0 comments Stormgain
Introduced in January by Casey Rodarmor, the Ordinals protocol first made waves on the Bitcoin network. Now it's reached Dogecoin. The protocol allows users to number mined units (Satoshi for BTC or Elons for DOGE) and thus transfer various 'files' o...
