Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Solana on brink of collapse: Solend community votes to take over whale's account

22 Jun 2022 1 minute read 0 comments Stormgain

The decentralised finance (DeFi) sector continues to heat up as the overall market declines, assets are being remortgaged, and a high share of margin transactions is leading to projects' collapse. In three months, the volume of funds staked in DeFi d...

Collateralised financing: the mortgage crisis of 2008 and the crypto crisis of 2022.

21 Jun 2022 2 minute read 0 comments Stormgain

History is repeating itself. The 2008 global financial crisis was caused by the spread in the United States of CDOs (collateralised debt obligations) that promised increased returns. The same instrument led to the fall of the crypto market, where the...

New shock among stablecoins

20 Jun 2022 1 minute read 0 comments Stormgain

Due to the supply of crypto and growth in capitalisation as a result of high profitability from staking, stablecoins found themselves at risk of experiencing a market-wide drop. Emotions are still running high over UST (Terra) as the Tron network's U...

Bitcoin outflow from crypto exchanges at a two-year high

17 Jun 2022 1 minute read 1 comment Stormgain

The freeze on Bitcoin withdrawals by the largest crypto exchange by trading volume, the crisis among a number of DeFi projects and the crypto market's drop in capitalisation to below $1 trillion led to the largest one-day Bitcoin outflow since March...

Panic in the cryptomarket

16 Jun 2022 2 minute read 0 comments Stormgain

The day 13 June was dubbed 'Bloody Monday' due to the panic that struck the cryptocurrency market after another stablecoin lost its peg to the US dollar, the largest crypto exchange by volume froze withdrawals to Bitcoin and bankruptcy threatened a n...

Litecoin in disgrace as crypto exchanges delist it

14 Jun 2022 1 minute read 0 comments Stormgain

Once one of the top five blockchains, Litecoin has faced new challenges and pressure from South Korea's cryptocurrency exchanges. In mid-May, MimbleWimble (MVEB) was updated, increasing the anonymity of transactions. For crypto exchanges, this caused...

NFT market collapsed in May

10 Jun 2022 1 minute read 0 comments Stormgain

In the last week of May, average daily NFT sales were $33 million, while that figure exceeded $150 million over the same period in April. Overall, sales rolled back to the level they were at in mid-2021. The cryptocurrency market's correction didn't...

Not at rock-bottom yet: metrics foreshadow the fall of Bitcoin

9 Jun 2022 1 minute read 0 comments Stormgain

Margin trading is gaining momentum, and investment funds are seeing an inflow of investments in Bitcoin. However, faith in the strength of the current support can be deceptive, as a number of indicators predict a decrease to the $20,000-$25,000 zone....

Why Ethereum is looking weaker than Bitcoin

8 Jun 2022 1 minute read 0 comments Stormgain

Ethereum is more practical than Bitcoin, thanks to its ability to support smart contracts. It was this characteristic that enabled the altcoin to overtake Bitcoin in terms of growth rate with the advent of the smart contract-dependent DeFi and NFT ma...

The 'Ethereum Killer' loses its teeth

7 Jun 2022 1 minute read 1 comment Stormgain

Solana was dubbed the 'Ethereum Killer' due to its ability to quickly process smart contracts with minimal commission. In 2021, the network grew from $86 million to $52.7 billion and found itself in the Top 5 cryptocurrencies by market capitalisation...