Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Mining profitability trends toward zero, but miners ramp up production

6 Oct 2022 1 minute read 0 comments Stormgain

On 2 October, Bitcoin's hashrate reached a record 272 EH/s. As miners continue to introduce new capacity, mining difficulty is increasing. With the coin's price low, that's leading to a drop in mining profitability. The cost of production is close to...

CIS countries are working on cryptocurrency laws amid an influx of Russians

5 Oct 2022 1 minute read 0 comments Stormgain

Russians who have left their country are finding it difficult to get hold of cash. Visa and Mastercard issued by Russian banks have not been accepted in other countries since March, and the MIR payment system is now not working in most places. Enteri...

Investors pull out of cryptocurrency funds

4 Oct 2022 1 minute read 0 comments Stormgain

Ethereum's Merge was a disappointment both for miners, who lost their most profitable coin, and for institutional investors, who had hedged their bets on a rally following this exceptional event. In August, institutional investors withdrew an average...

Terra (LUNA) Price Prediction 2022-2030

3 Oct 2022 8 minute read 0 comments Stormgain

Terra (LUNA) is one of the most actively developing cryptocurrencies that have attracted traders and investors worldwide. It gained public interest in December 2021, reaching an all-time high of $103.03. It astonished the online community more when i...

LUNA and UST creator Do Kwon runs off with $67 million?

30 Sep 2022 1 minute read 0 comments Stormgain

In the spring of 2022, UST was one of the three largest stablecoins, with a market capitalisation of $19 billion. Its sudden decoupling from the US dollar led to a crisis among a number of crypto projects, including Three Arrows Capital and Celsius N...

Tether once again in regulators' sights

29 Sep 2022 2 minute read 0 comments Stormgain

Tether's dominance in the stablecoin market, the ambiguity of the composition of its reserves and its questionable actions in the past leave regulators uneasy. After Tether (USDT) reached a pre-trial settlement of claims with the New York State Attor...

Ethereum Classic disappointed miners' expectations

28 Sep 2022 1 minute read 1 comment Stormgain

On 15 September, Ethereum shifted away from miners' services as validators are responsible for assembling blocks on the network. The altcoin ranked first in terms of mining profitability, which resulted in the network's total computing power growing...

Cardano conducted its super-important Vasil hard fork last year

27 Sep 2022 1 minute read 0 comments Stormgain

Since the launch of smart contract support, the Vasil hard fork has been a major event for Cardano. The update is designed to increase network bandwidth and reduce developer costs. In just 24 hours, the coin saw its value increase by 5%. The black s...

Why Ripple is rising against the market

26 Sep 2022 1 minute read 0 comments Stormgain

The Federal Reserve's rate hike led to a natural drop among risky assets, including most cryptocurrencies. Ripple (XRP) stands out from the crowd, as it's gained 27% in value over the past seven days. For several years now, a legal dispute has been...

Activity on the Solana network surpassed Ethereum long ago

23 Sep 2022 1 minute read 1 comment Stormgain

A number of news outlets misinterpreted the chart provided by the Nansen analytical agency when they published stories that Solana had overtaken the Ethereum network in terms of the number of transactions in Q2 2022. Here's what the old chart looked...