StormGain is a crypto trading platform for everyone.
12 Feb 2024 1 minute read 0 comments Stormgain
In late January, crypto detective ZachXBT reported on a potential hack of Ripple and the theft of 213 million XRP from the rJNL* address. The company's co-founder, Chris Larsen, revealed that personal wallets were hacked on 30 January. In his words,...
8 Feb 2024 1 minute read 1 comment Stormgain
The de-listing of the anonymous Monero coin was a logical consequence of a pre-trial agreement between Binance and the US Department of Justice in November, under which government agencies were given unrestricted access to all documentation and the c...
7 Feb 2024 1 minute read 0 comments Stormgain
The approval of spot Bitcoin ETFs in the US increased the cryptocurrency's reputation and made it much easier for many people to invest in Bitcoin and put it on the same level as gold. In the SEC's accompanying letter to the approval of the ETFs, Cha...
6 Feb 2024 1 minute read 0 comments Stormgain
In January, the launch of spot ETFs shook markets, and Bitcoin became the second-place commodity (the SEC assigns it this status) after gold in terms of the volume of collected investments. The crypto ETFs' current total capitalisation is $50.7 milli...
5 Feb 2024 1 minute read 0 comments Stormgain
In March 2023, the US banking sector faced a series of bankruptcies, primarily caused by the Federal Reserve's increase of the key interest rate. Rate hikes led to a reduction in income and the depreciation of banks' investment portfolios. This prima...
2 Feb 2024 1 minute read 3 comments Stormgain
Recently, the analyst firm ChainArgos released an unflattering article for Polygon management. It recorded the disappearance of around 400 million MATIC that should have gone to validators as staking fees. Another 367 million MATIC was withdrawn from...
1 Feb 2024 1 minute read 1 comment Stormgain
In 2023, miners doubled their production capacity. The total hashrate of the Bitcoin network increased 2.1 times to 515 EH/s. Among publicly traded miners, Marathon Digital took the first place by growth rate, increasing its capacity by 3.5 times to...
31 Jan 2024 1 minute read 0 comments Stormgain
Last week, the outflow of investors from Grayscale reached $2.2 billion, which other Bitcoin crypto funds couldn't compensate for. The net weekly amount was a $478.9 million outflow. Investors are fleeing GBTC for two reasons: some are locking in pr...
26 Jan 2024 1 minute read 3 comments Stormgain
Transactions with stablecoins are key activity areas for networks supporting smart contracts. In December, stablecoin volume totalled $1.2 trillion, and the number of active addresses is growing year over year despite market turbulence. For the past...
25 Jan 2024 1 minute read 0 comments Stormgain
Economy Peter Schiff predicts that Bitcoin's price will fall further. He believes that the approval of ETFs isn't creating new demand for the crypto. In his opinion, investors who used to buy crypto on the spot market, shares of mining companies or C...
