StormGain is a crypto trading platform for everyone.
18 Jan 2023 1 minute read 1 comment Stormgain
Bitcoin is starting off 2023 with a winning session, finishing the second week up 16%, its best result since last March. Investors and miners who have achieved hashrate record updates after adding new equipment are full of optimism. Nevertheless, the...
17 Jan 2023 1 minute read 0 comments Stormgain
Following Ethereum's transition to PoS, validators' funds placed in a deposit contract remain staked. The combined volume currently exceeds 16 million ETH or $22.5 billion, which equates to 13% of the coin's total supply. Shanghai, Ethereum's hardfo...
13 Jan 2023 1 minute read 1 comment Stormgain
Avalanche was the first layer 1 blockchain to sign a partnership agreement with Amazon. As part of Amazon Web Services' (AWS) product development, the companies will put forward scalable blockchain solutions for end users, businesses and governments....
12 Jan 2023 1 minute read 0 comments Stormgain
Bitcoin's 30-day volatility indicator is at a two-year low, and in recent days, the cryptocurrency has been hovering below gold, the US Dollar Index and the S&P 500. This picture is typical of a deep bear market when network activity falls and invest...
11 Jan 2023 1 minute read 0 comments Stormgain
The stocks of major mining companies have jumped by an average of 20% in the past 24 hours. Marathon Digital, Hut 8, Hive Blockchain, Riot Platforms (Blockchain) and Bit Digital have all shown double-digit growth. Even Core Scientific, with its ongoi...
9 Jan 2023 1 minute read 1 comment Stormgain
The so-called 'Ethereum Killer' Solana blockchain risks becoming a victim of FTX's collapse. SOL has lost 96% from its all-time high, which is more than the drops experienced by Bitcoin (76%), Ethereum (75%) and even the memecoin Dogecoin (91%). It'...
29 Dec 2022 1 minute read 1 comment Stormgain
The crypto upheavals of 2022 revived talk of the imminent demise of Bitcoin. Obituaries were given for the cryptocurrency 27 times this year. JPMorgan CEO Jamie Dimon did another 180, this time calling Bitcoin a "decentralised Ponzi scheme". In 2018,...
28 Dec 2022 2 minute read 1 comment Stormgain
According to the American Enterprise Institute, from 1913 through 2017, the US dollar lost 96% of its purchasing power. In other words, in 1913, $1 could buy 30 Hershey's chocolate bars, and in 1944, it could buy 20 bottles of Coca-Cola. Now, the ave...
26 Dec 2022 1 minute read 2 comments Stormgain
Core Scientific, the largest publicly traded mining company, filed for Chapter 11 bankruptcy on 21 December as not all creditors supported B. Riley's suggested rescue plan. The miner has no plans to sell off ASICs and will continue to mine Bitcoin at...
23 Dec 2022 1 minute read 2 comments Stormgain
Evaluating cryptocurrencies by capitalisation alone doesn't provide the whole picture of their credibility. For example, the FTX crypto exchange's FTT token had significant capitalisation but lacked the necessary liquidity. Conor Ryder from the Kaiko...
