Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


SHIBA INU predicted to die by 2030

24 May 2022 1 minute read 1 comment Stormgain

As the crypto market correction drags on, we continue to hear macabre forecasts about the fate of this or that coin. On this occasion, it was analytics agency Finder warning of the impending end of SHIBA INU and a decline in demand for meme coins as...

Chinese miners are back in business

23 May 2022 1 minute read 0 comments Stormgain

Despite the ban on the use of cryptocurrencies by financial institutions and the designation of mining as an undesirable activity, Chinese crypto miners are now back on track. According to data from Cambridge University, Chinese miners have now turn...

Another stablecoin bites the dust. Is Tether next?

20 May 2022 2 minute read 0 comments Stormgain

The cryptocurrency space is facing an institutional crisis as a result of crumbling faith in stablecoins. And while few heads might have been turned by the collapse of a few minor projects, the decline of UST (Terra) — the third stablecoin by market...

Terra (LUNA): is there life after death?

19 May 2022 2 minute read 0 comments Stormgain

Last week, we discussed the dramatic demise of the Terra blockchain, which, until as recently as April, was among the Top 10 with a market cap of $40 billion. The network was unable to maintain the exchange rate of its algorithmic stablecoin, UST, wh...

ZCash shoots up 37% ahead of major update

18 May 2022 1 minute read 0 comments Stormgain

This year saw a huge upsurge in demand for anonymous coins that enable users to hide both their identity and the transaction amount. ZCash is the second-biggest confidential network by market cap with $1.4 billion. On 11 May, the project's developers...

A Requiem for Bitcoin?

17 May 2022 1 minute read 0 comments Stormgain

The crypto sell-off is intensifying, and the recent crash of UST raises questions about the viability of stablecoins as an asset class. Against this backdrop, the number of forecasts about the sudden death of Bitcoin and the entire cryptocurrency ind...

Stablecoins

16 May 2022 6 minute read 0 comments Stormgain

What is a Stablecoin? The global financial market is extremely volatile nowadays. Stablecoins, as a type of cryptocurrency, are increasingly attracting investors as an alternative to traditional assets. So, what is a stablecoin, how is it regulated a...

Fiasco of the year: UST's stablecoin reserves are depleted as LUNA plummets by 90%

13 May 2022 2 minute read 0 comments Stormgain

Up until very recently, Terra was one of the most promising projects around. Its stablecoin sat in third place in the relevant rankings with a market cap of $18 billion, while only Ethereum had a bigger share of the DeFi market. Terra's balancer coin...

Why TRX is up 24% in a week

12 May 2022 1 minute read 0 comments Stormgain

While many coins are seeing a mass sell-off amid a 7% overall correction of the crypto market, Tron's TRX project is on the rise. It all essentially boils down to the launch of the new USDD stablecoin and Justin Sun's desire to boost the Terra blockc...

Mining Ethereum more profitable than Bitcoin

11 May 2022 1 minute read 0 comments Stormgain

Despite Bitcoin's larger capitalisation, mining Ethereum requires a lower initial investment that pays off much earlier. And even Bitcoin's status as a "store of value" doesn't play into miners' hands. Many have dubbed Bitcoin the digital gold, with...