StormGain is a crypto trading platform for everyone.
24 Nov 2022 1 minute read 2 comments Stormgain
The bankruptcy of the third-most-visited cryptocurrency exchange, its partners' lack of liquidity and the risk of selling Grayscale, the largest fund with 643,572 BTC in stock, have led to a new panic attack among crypto investors. This time, even Bi...
23 Nov 2022 1 minute read 0 comments Stormgain
The wave from FTX going underwater has hit even market participants not directly associated with the crypto exchange. Genesis Trading, which like Grayscale, is a subsidiary of Digital Currency Group, suffered the largest losses (among those publicly...
22 Nov 2022 1 minute read 1 comment Stormgain
While the outflow of Bitcoin from crypto exchanges has reached a historical record, the President of El Salvador, Nayib Bukele, is calling to separate the wheat from the chaff and has announced the start of a programme for the country to buy cryptocu...
21 Nov 2022 1 minute read 0 comments Stormgain
FTX is dragging its business partners down with it. This time, Genesis Global Trading, one of the biggest crypto lenders, has been hit with a liquidity deficit. It has ties with the major cryptocurrency fund Grayscale and the crypto exchange Gemini....
18 Nov 2022 1 minute read 0 comments Stormgain
USDD (Tron) is a similar kind of algorithmic stablecoin as the Terra Project's infamous UST. Justin Sun issued the stablecoin shortly before Terra collapsed, subsequently promising not to repeat the situation caused by excess liquidity. But USDD is t...
17 Nov 2022 1 minute read 0 comments Stormgain
Last week's events have led to two interesting trends. First, cryptocurrency exchanges have experienced an influx of stablecoins to exchange for Bitcoin and Ethereum. Secondly, cryptocurrency funds saw a record-high inflow of funds in the past 14 wee...
16 Nov 2022 1 minute read 1 comment Stormgain
The crash of one of the largest crypto exchanges caused a mad stir in the industry. Leading market players are discussing the loss of trust built up over years, and crypto exchange clients are withdrawing coins to cold wallets en masse. Last week, FT...
15 Nov 2022 1 minute read 1 comment Stormgain
A crisis for some is an opportunity for others. Justin Sun and Sam Bankman-Fried agreed on a loophole for withdrawals that resulted in the price of Tron coins on the FTX crypto exchange jumping 170% and 1300%, respectively. In our previous article, w...
11 Nov 2022 2 minute read 0 comments Stormgain
A claim that Binance deliberately attacked its competitor to buy it at a low price has circulated on social media. However, the combination of factors points to the unsustainable business model of the FTX-Alameda Research partnership, and Binance's a...
10 Nov 2022 1 minute read 1 comment Stormgain
Despite the tough macroeconomic environment, some network parameters suggest Bitcoin's bottom is continuing to form. During the bull run at the end of 2020, hodlers were actively getting rid of coins. Now, however, thanks to efforts to accumulate res...
