Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Institutional investors exit Bitcoin and invest in Ethereum

2 Sep 2022 1 minute read 0 comments Stormgain

Institutional investors (predominantly companies with investments of $1 million or more) are opting to invest in exchange-traded instruments, buying ETF units or shares in investment trusts. Rigorous reporting makes overall sentiment easy to track. S...

Fed strikes markets: US stocks lose $1.3 trillion as crypto drops $0.1 trillion

31 Aug 2022 1 minute read 0 comments Stormgain

After US inflation fell from 9.1% in June to 8.5% in July, many investors became hopeful that the regulator would soften its stance and hold off on another rate hike until the end of the year. However, Fed chair Jerome Powell and his colleagues have...

Fasten your seatbelts: whales pour ETH into crypto exchanges ahead of merge

30 Aug 2022 2 minute read 0 comments Stormgain

September will be an exciting month for the crypto industry: the experiment to migrate the leading altcoin to PoS is nearing a climax. The developers have confirmed that the merge migration will happen between 10 and 20 September, once the network's...

A hit on decentralisation: USDC loses ground

26 Aug 2022 2 minute read 0 comments Stormgain

Financial regulators are increasing pressure on decentralisation, a key advantage of the cryptocurrency market. In August, the US Department of Treasury sanctioned Tornado Cash, which set a striking precedent in a move that market participants consid...

Another shake-up in the stablecoin market

23 Aug 2022 2 minute read 0 comments Stormgain

The stable coin market continues to experience fever due to the failure of some projects. Last week aUSD was compromised, and this week HUSD, the cryptocurrency exchange token Huobi, lost its link to the US dollar. Amid a tough macroeconomic environm...

Ethereum Foundation: Switching to PoS won't reduce fees

22 Aug 2022 1 minute read 0 comments Stormgain

Given various misconceptions circulating, Ethereum developers have issued a clarification on its upcoming 'Merge'. A soft deadline has been set for 19 September, with most of the improvements coming in future updates. Power consumption Miners are cu...

Bitcoin: Investors are rushing to lock in profits

18 Aug 2022 1 minute read 0 comments Stormgain

The cryptocurrency market is seeing a slight recovery, with Bitcoin climbing to $25,000 by the end of July after a month of consolidation around the $20,000 level. Short-term holders (STH) who managed to buy the coin at a low price increased their to...

Ethereum overtakes Bitcoin in 2022 due to the September 'Merge'

17 Aug 2022 1 minute read 0 comments Stormgain

The cryptocurrency community is preparing for a grandiose event: the departure of the leading altcoin from miners in favour of validators. After developers approved September as the closest date for the move, Ethereum jumped 65% in 30 days and surpas...

Ethereum climbing ahead of Merge, altcoins stand to benefit

15 Aug 2022 1 minute read 0 comments Stormgain

Ethereum (ETH) continues to climb as we reach the end of the week, surging toward the $1,900 mark for the first time in two months. At the time of writing, the second-largest cryptocurrency by market cap was trading at about $1,895. The top altcoin’s...

Market anxiety sees crypto and equities slump ahead of CPI figures

12 Aug 2022 1 minute read 0 comments Stormgain

Uncertainty sent risky assets tumbling Wednesday morning as investors held off on trading, waiting on the news of the US consumer price index (CPI), which came later that day. Bitcoin's (BTC) recent rally past $24K has subsided, with the original cry...