Stormgain

Stormgain

StormGain is a crypto trading platform for everyone.


Avalanche takes a wrong turn

26 Mar 2024 2 minute read 2 comments Stormgain

Every network that supports smart contracts is looking for its own niche. For example, Polkadot relies on developers to create a user-friendly and functional parachain-based environment. Ripple is bringing distributed ledger technology to traditional...

Bitcoin's likelihood of a post-halving crash

25 Mar 2024 2 minute read 1 comment Stormgain

When assessing the impact of the halving event on Bitcoin, most analysts rely on the emergence of scarcity that will unquestionably lead to a price increase. However, here, we'll list a few reasons why the first reaction may be negative. Statistic A...

SEC will seek to label Ethereum a security

22 Mar 2024 1 minute read 0 comments Stormgain

The latest news suggests that the SEC's intention to designate Ethereum as a security remains unwavering, despite previously approved ETFs on Ethereum futures, potential multi-million dollar losses for companies that work with the altcoin, and disagr...

Inflows into Bitcoin ETFs followed by record-high outflows

21 Mar 2024 1 minute read 1 comment Stormgain

After hitting an all-time high, all the conditions for a correction were ripe, including increased leverage by derivatives traders, rising debt in the DeFi lending market and coin dumping by whales and long-term investors. The price was kept from co...

Inflows into Bitcoin ETFs decline sharply

19 Mar 2024 1 minute read 0 comments Stormgain

Since February, spot Bitcoin exchange-traded funds have been the leading force on the demand side, driving over 75% of cash inflows into the cryptocurrency. On average, they've attracted $270 million each day since they launched. However, the net inf...

Whales and long-term holders are selling off Bitcoin

15 Mar 2024 1 minute read 0 comments Stormgain

Hitting a new record-high price traditionally leads to profit-taking by some market participants. For example, whales (>1,000 BTC) have begun selling off assets since March, causing their number to drop from 2,159 to 2,055. long-term holders (LTH) h...

The powerlessness of Bitcoin bears

14 Mar 2024 1 minute read 2 comments Stormgain

With Bitcoin rising above $70,000, the market entered a euphoric phase in which all coin holders were in the black. In the history of cryptocurrency, this is the fourth cycle that's seen the repetition of the same patterns. This is primarily a matte...

2024 could be the best year ever for Ethereum

11 Mar 2024 1 minute read 0 comments Stormgain

Bitcoin has had a landmark year in 2024, with institutional and retail investors now enjoying easier access to the cryptocurrency. However, the year could become more significant for Ethereum thanks to upcoming changes. Investment inflows into crypto...

Confirmed: Bitcoin's price rises every four years

7 Mar 2024 1 minute read 0 comments Stormgain

It took Bitcoin 846 days to set a new high and confirm a key investment thesis: the cryptocurrency's price grows every four years. In other words, when an investor buys Bitcoin, this is the longest they'll have to wait to see a profit. Just two and a...

Open interest in Bitcoin hits a record $31 billion

6 Mar 2024 1 minute read 0 comments Stormgain

The excitement around the world's first cryptocurrency is gaining momentum, as evidenced by a record high of $31 billion in terms of open interest (total number of outstanding Bitcoin futures or options contracts in the market). The previous record o...