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Author Topic: Newcastle United Goes to Crypto with StormGain  (Read 54630 times)

Offline stormgain.com

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #75 on: September 01, 2020, 11:19:33 AM »
Popular cryptocurrencies look contradictory because of loss of interest in altcoins among Japanese traders

The most popular cryptocurrencies show no unified dynamics. According to the cryptocurrency trading platform StormGain, Litecoin and Bitcoin Cash feel worse than the rest, their quotes fall at a rate of 2%.
Such dynamics is observed as a result of the Japan Virtual and Crypto Assets Association (JVCEA) report on the state of the country's cryptocurrency market. He showed that Japanese crypto traders prefer bitcoin, while altcoins are losing their popularity. In August, Bitcoin's dominance over altcoins in the Japanese market reached over 87%, with no other token representing more than 6% of the monthly trading volume.
At the same time, traders have questions about bitcoin. For example, it became known that one user lost $16 million of bitcoins after updating the Electrum wallet. As a result of the fact that he agreed to the proposal to update the wallet protection system, almost 1.5 thousand bitcoins went to another address.
At the same time, the message that a large Chinese bank China Construction Bank announced its intention to launch a payment system using the digital yuan was quite positive for the market.
It is possible that the most popular cryptocurrencies will soon continue to demonstrate multidirectional dynamics. So, Bitcoin can continue to move around the $11,600 mark, Ethereum to stay near the $435 level, XRP - at $0.28, Litecoin - at $61, and Bitcoin Cash - at about $270.

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #75 on: September 01, 2020, 11:19:33 AM »

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #76 on: September 04, 2020, 09:54:06 AM »
Popular cryptocurrencies collapse due to investor pessimism in global financial markets

The most popular cryptocurrencies are losing significantly on Friday. According to the StormGain cryptocurrency trading platform, Bitcoin Cash and Litecoin feel worse than the rest - their quotes fall by 8-9%. At the same time, Bitcoin loses about 5% and is gradually approaching the psychological level of $10,000, while trading at $10,250.
Such negative dynamics is observed on the general pessimism of investors in the global financial markets, following the publication of weak statistics on the US and Eurozone economies, which raised doubts about the prospects for an early recovery of the world economy after the coronavirus pandemic.
The US trade deficit in July rose by 19% to $63.6 billion, and the country's service sector PMI in August fell to 56.9% from 58.1% in July. In the eurozone, the volume of retail sales in July fell by 1.3% compared to June, although the market expected an increase of 1.5%.
At the same time, popular cryptocurrencies did not respond to a number of favorable news. In particular, the Swiss canton of Zug allowed residents to pay taxes with digital assets. And Ethereum miners earned a record $ 17 million per day as a result of a sharp increase in fees, which has been recorded recently.
Probably, the market will continue to go down, but, most likely, the situation will calm down somewhat, and the most popular cryptocurrencies will be able to slightly correct upward in the future.
In this regard, Bitcoin is unlikely to break the psychological mark of $10,000, Etereum may drop $380, Bitcoin Cash - up to $220, XRP - up to $0.23, and Litecoin - up to $45. Upon reaching these levels, cryptocurrencies can bounce off them and go up, regaining their previously lost positions.

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #77 on: September 08, 2020, 10:20:03 AM »
Popular cryptocurrencies look ambiguous due to problems with Ethereum in China

According to the cryptocurrency trading platform StormGain, the most popular cryptocurrencies do not show common dynamics on Tuesday. Ethereum looks worse than the rest, its quotes suffered from the news that a massive withdrawal of the digital asset was noted on the digital exchanges of China. Investors are deleting their accounts on exchanges and encouraging other users to do the same. Chinese crypto exchanges are worried about this situation and are trying to take some measures to counter the withdrawal of Ethereum, but have not yet come up with an effective way to solve this problem.
Other popular cryptocurrencies are still in the positive area (Bitcoin and Litecoin look better than the rest, although the growth of their quotations does not exceed 1%), despite the fact that in general the situation in the global financial markets remains quite alarming due to the consequences of the coronavirus pandemic for the global economy and the threat of a second wave of disease. Investors continue to have their finger on the pulse and can start getting rid of assets at any time.
It is possible that the most popular cryptocurrencies may grow a little more due to the fact that a correction is still ripe in the market, but the rise will most likely be very moderate due to the difficult situation in the global financial market. Bitcoin is unlikely to rise above the $10,350 mark soon, Ethereum has a chance to grow to $350, Bitcoin Cash to $230, XRP to $0.25, and Litecoin to $50.

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #78 on: September 08, 2020, 10:36:05 AM »
DeFi: Is crypto's hottest new trend a wise investment?

The crypto community is abuzz with a hot new trend: DeFi. While DeFi isn't exactly new, the success of crypto token YFI has sparked renewed interest from traders and investors in DeFi and associated cryptocurrencies. Even if you only deal in the larger cryptocurrencies, such as Bitcoin and Ethereum, the DeFi boom is worth keeping an eye on as it could affect your assets. Here's a quick guide to what's going on with DeFi, YFI, and the broader crypto market.

Pretty fly for a YFI
It's been a good week for cryptocurrency prices, even as Bitcoin struggles to break past $12K. One 'lesser' cryptocurrency stole the show by shooting up 165% in value to $38,682, over three times higher than Bitcoin, and almost twice as much as BTC's all-time high of $20,000. That token is YFI, the governance token for decentralised finance (DeFi) protocol yearn.finance.

Yearn aggregates the different yields of DeFi protocols. Users earn yields by lending their coins on various protocols or storing them in 'vaults'. Governance tokens like YFI can also be earned by users who provide liquidity in a process known as 'yield farming'. Holders of these governance tokens can, as the name suggests, also vote on proposals for the network.

Coins similar to YFI also rode the DeFi bandwagon to higher values this week. YF Link increased to $581 (328%), YFFI shot up to $84.14 (465%) and YFV rose to $56.62 (201%). YFII, a spinoff of YFI, shot up from $935 to $5,076 in three days.

Governance tokens are becoming a popular speculative asset because they're limited in supply, and investors want to get in on the action before it's too late. YFI supply is capped at just 30,000 with 29,962 tokens already in circulation at the time of writing. One of the reasons why we're seeing such dramatic price moves is that these tokens are highly illiquid, and a single large transaction can have a huge price impact.

Why invest in DeFi?
It seems everyone wants to get into DeFi, but what does this term actually mean? DeFi stands for "Decentralised Finance", which aims to replicate the use cases of our traditional financial system with high-tech and less red tape and middlemen. This means lending, borrowing, derivatives, trading securities, insurance, investments, and so on all being done through a decentralised open-source network instead of via banks. Smart contracts verified by participants on the blockchain automatically execute the terms of financial agreements. At the time of writing, there is about $8 billion worth of total value locked in DeFi contracts.

DeFi and Ethereum
This should sound familiar to anyone interested in Ethereum. In fact, the vast majority of these applications run on Ethereum. Other platforms with smart contract capabilities should also work for DeFi, but Ethereum currently leads the pack. In theory, DeFi's popularity should also give a healthy boost to ETH.

Yearn Finance's core products are 'vaults' that offer the best returns for yield farmers, while also pooling funds to reduce the labour involved for users. The crypto community is already expecting that the imminent launch of Yearn's yETH vaults for ETH will drive up demand for ETH and reduce supply since more of Ethereum tokens will end up locked in the vault for yield farming.

Boom or bubble?
While some investors are quick to jump on the impressive returns promised by yield farming, following the latest craze isn't always the right move. Long-term crypto enthusiasts will remember the ICO bubble of 2017-2018. Many DeFi projects are still speculative, carrying both risks and rewards.

Yield farming, which is what is really driving the rush on DeFi, has also come under criticism from industry thought leaders.

buterin-quote
Ethereum co-founder Vitalik Buterin has warned investors to be cautious when it comes to the DeFi sector, comparing the economic model of yield farming (which drives supply inflation of governance tokens) to the Federal Reserve printing money.

Trade in the future of crypto with StormGain
As always, the wise trader will do their own research on specific investments. But once the dust settles on the DeFi boom, cryptocurrency stands to gain across the board as the use cases for blockchain are made more apparent. That's why we recommend a diverse and flexible crypto portfolio on a platform that offers high rewards for your participation.

StormGain is the most effective crypto trading platform on the market. Available on the web or as a smartphone app, StormGain offers 24/7 trades with up to 200x leverage on the top 6 crypto coins, all wrapped in a user-friendly interface in multiple languages. StormGain also offers the best bonuses for clients on the market, including up to 15% APR interest on crypto holdings.

Registering with StormGain is easy and takes just 5 seconds. You can even see how it works completely risk-free with a free demo account. Try StormGain now and stake your claim in the future of finance!

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #79 on: September 10, 2020, 10:55:06 AM »
Popular cryptocurrencies rush up again, and bitcoin is gradually becoming crypto-gold

The most popular cryptocurrencies returned to growth after the collapse of the previous days, but the market is still characterized by increased volatility due to the uncertain situation in the global financial market. According to the StormGain cryptocurrency trading platform, the quotes of the main instruments are growing up to 10%, Ethereum feels better than other currencies, while the rest are adding more moderately (up to 3-4%).
At the same time, an interesting trend of bitcoin turning into "cryptocurrency gold" continues to show itself more and more vividly on the market - the correlation of this digital currency with the precious metal and with the American S&P 500 index reached its maximums against the background of the fall in the US dollar. At the same time, the relationship between the movement of bitcoin quotes and the dynamics of the stock market decreases.
Cryptocurrencies were also supported by the news that the Mastercard payment system has launched its own platform for testing national cryptocurrencies in cooperation with financial regulators who test their own digital currencies in a special system based on blockchain technology.
In addition, digital marketplace Binance has launched its platform in Turkey with support for fiat deposits in lira. And Kraken exchange was allowed to return to the country by Japanese authorities, and it will again serve local customers after a two-year hiatus.
Probably, in the near future, the quotes of the most popular cryptocurrencies will continue to remain unnecessarily volatile due to the uncertainty of the situation in the global financial market and the nervousness of investors. At the same time, it is possible that Bitcoin may rise in price up to $10,500, Ethereum has a chance to rise in price to $375, Bitcoin Cash to $230, XRP to $0.25, and Litecoin to $50.

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #80 on: September 11, 2020, 02:02:56 PM »
Power to the people: why these developing markets lead in crypto adoption

On Tuesday, Chainalysis published the 2020 edition of its Global Cryptocurrency Adoption Index, part of the blockchain analytic firm's upcoming report on global trends in the crypto world.

The index revealed that crypto usage is rapidly expanding in countries that are considered developing economies. Ukraine is the global leader when it comes to cryptocurrency adoption, with Russia and Venezuela coming in second and third, respectively. Then comes China in the fourth spot, followed by Kenya and the United States.

 
The index criteria in the report measure crypto adoption by looking at the on-chain cryptocurrency value received by a country, on-chain value transferred, the number of on-chain cryptocurrency deposits, and peer-to-peer exchange trade volume. These stats are weighted with the PPP (purchasing power parity) per capita and the number of internet users in each country.

How does a country like Ukraine end up ahead of the curve in digital currency compared to economic giants like the US and China? The top countries are mostly seeing growth among retail investors, whereas deep-pocketed "whales" dominate crypto in the US and China. The top nations all have different circumstances that encourage ordinary people of more modest means to use crypto, which is exactly what crypto needs to go mainstream.

Ukraine: an emerging market of digital natives
Ukraine, an Eastern European nation of 42 million people, is seeing the most significant adoption among retail investors. Ukraine is notable for its young, tech-savvy population, and its unstable economy, which sees bright and industrious young minds turn to cryptocurrency.

Ukraine has a thriving crypto startup scene, although companies are registered offshore, which muddies the official figures somewhat. For young people in Ukraine, with a fluctuating currency, no local stock market, and heavy fees on cross-border transactions, crypto provides a chance to build a future that works for them.

The Ukrainian government has noticed the vibrancy of its national blockchain scene and is working with startup leaders and entrepreneurs to regulate the industry and attract more investors through its Ministry for Digital Transformation. With government and private capital co-operating on this level, Ukraine looks like the place to be for blockchain and crypto developers.

Russia: moving money
Russia may come as a surprise second to some, given that the Russian government moved to ban cryptocurrency earlier this year via its infamous DFA (Digital Financial Assets) legislation. But that hasn't stopped Russian nationals from flocking to crypto for reasons similar to Ukrainians', even if the government is not as crypto-friendly as their neighbour is.

Electronic payment services have long been popular in Russia, especially in big cities, where they are seen as a safer and faster alternative to cash and credit cards. It's not a huge leap from digital transactions to purely digital currency.

Cryptocurrency is popular in Russia for expensive purchases like tech equipment, or for cross-border financial services and transactions to bypass onerous fees levied by banks and middlemen. Businesses with foreign interests, or just the need for privacy, have good reason to use cryptocurrency; and not only for legitimate means — cryptocurrency is a hotbed of cybercrime in Eastern Europe.

Venezuela: crypto as digital gold
In contrast to Ukraine and Russia, Venezuelans use crypto more like an asset to build their savings and trade for profit. The Venezuelan economy is notoriously unstable, and the currency unreliable, so crypto provides a more stable source of value for anyone looking to build their savings.

Even if the Venezuelan government tried to legitimise cryptocurrency in the country via the introduction of the Petro token, the ill-fated venture only further eroded trust in the government and banks. Instead, Venezuelans who buy crypto are mainly retail investors who engage in peer-to-peer trading.

What countries do you think will be the most important for cryptocurrency in the coming years? Join the discussion with the StormGain crypto community in our Telegram channel to share your views and find out what top traders have to say!

Join the global crypto revolution
One of the key takeaways from the Chainalysis report was the fact that crypto is a truly global phenomenon. Of the 154 countries analysed, only 12 scored zero on the index. Cryptocurrency is gaining around the world, especially in developing countries, but one of its main appeals is that crypto truly knows no borders.

Bitcoin and other cryptocurrencies are increasingly being adopted for trade, exchange, investment, and value storage. Wherever you are in the world, you'll need to use a crypto trading platform that works for you to profit from crypto going mainstream.

StormGain is the top crypto platform on the market, available on the web or as a user-friendly smartphone app. It offers 24/7 trading with up to 200x leverage, a wide range of benefits for active traders, integrated crypto wallets for the 6 most popular cryptocurrencies, and secure payment systems for buying crypto directly with your bank card.

If you're ready to join the top cryptocurrency platform with the best rewards for clients, sign up with StormGain to start trading now!

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #81 on: September 24, 2020, 09:33:08 AM »
StormGain Coin Contest Tournament
In honour of StormGain’s new partnership with Serie A heavyweight SS Lazio, the cryptocurrency platform will be running another instalment of its famous Coin Contest Tournament. This time around, the epic battle royale will last for two weeks, beginning on 25 September and ending on 11 October. It will see thousands of StormGain traders face off in a fight for the chance to win your share of an eyewatering 15,000 USDT and the arguably more coveted prize of top place in the Coin Contest rankings!

How do I take part?

To get involved, you first need to create a StormGain account. Once you’ve done that, register on the Coin Contest page by clicking here. Then, when the competition starts on 25 September, go to your trading account and do your best to make bigger profits than the competition. Once you’re all signed up, your scores will be automatically recorded and added to the tournament leaderboard. It really couldn’t be easier.

What’s new?
StormGain has scrapped the weekly round structure for this contest, opting instead for a single two-week-long competition with a lone prize pot. But that’s not the only difference from previous contests: this time the trades are 100% real. That’s right, instead of your demo account, you’ll be using your real account. They say everything’s more interesting when you’ve got money riding on it, and we hope the saying proves true with this tournament!

How does it work?
All trading results (both positive and negative) from the moment the contest starts to its conclusion will be counted towards your total score for the tournament. Since this contest will take place on your real account, your score will be calculated slightly differently to the way it was in previous rounds. In this contest, we’ll be taking your total trading result and dividing it by the amount of funds invested. That means that the aim of the game is to make the biggest profit with the smallest deposit, which should make things even more interesting!

How will I know if I’m a winner?
You’ll be able to monitor your performance on the Coin Contest leaderboard throughout the contest, so you’ll always know where you stand in the rankings. It’s quite simple: just find your position on the leaderboard, and any prizes you’re owed will be visible next to your account number. But don’t worry if you forget to check. All winners will be officially announced in due course.

Sign up today!
Register your StormGain account now for a chance to win real cash prizes while competing against fellow traders in a no holds barred trade-off! Give our generous leverage facility (multiplier) a try for even bigger gains with a smaller deposit. Take the plunge and enter our tournament for a chance to win your share of 15,000 USDT and the ultimate glory of being crowned StormGain Coin Contest champion!

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #81 on: September 24, 2020, 09:33:08 AM »


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Re: Newcastle United Goes to Crypto with StormGain
« Reply #82 on: September 24, 2020, 09:40:46 AM »
Less Risk, More Gain – StormGain introduces crypto index trading
StormGain is pleased to announce that, from 17 September 2020, we’re offering a new kind of trading instrument - crypto index trading. Just like regular stock indices, such as the SP500 or the Dow Jones, a crypto index is a consolidation of different assets designed to offer a safer investment in the market performance of a group of cryptocurrencies rather than a single coin.

Don’t put all your eggs in one basket
Just as the old saying warns, relying on just one thing for support is risky. The main advantage of an index is risk management. Even if one cryptocurrency in the index goes up or down, the index will reflect the market performance of the combined assets. That means any unexpected dramatic shifts in one asset won’t affect the overall value of the index too much. Investing in an index is a safeguard against the possibility of sudden crashes.

It’s common trading wisdom that a diverse asset portfolio is key to long-term success. No one wants to lose everything by over-relying on a single asset. Over the years, a bundle of assets will perform better overall, growing as a group even if some assets swing up or down in the short term.

Save time and money with the crypto index trading
Building a crypto portfolio of individual assets can be a daunting task. The trader has to research each individual cryptocurrency — from historical performance to future predictions — and then decide how much to invest in each asset. Using an index, especially one as carefully curated as the indices offered by StormGain, saves you time and money.

Do you prefer to trade indices or individual assets? Discuss the merits of both with StormGain community in our Telegram channel to share your views and find out what experienced crypto traders have to say!

Types of StormGain Crypto Indices
StormGain offers three different indices. Each one is a carefully curated basket of the largest and most popular cryptocurrencies designed to succeed in the market and fit the needs of different traders and investors. Every StormGain crypto index offers a diverse portfolio that safeguards against risk and saves you time and money — all in one click! Index values ​​are calculated in real-time. The following indices were first published on 10 July.

Crypto Index 3.0 (symbol: CryptoIndex3, base value 300) combines equal shares of the 3 leaders of the digital blockchain market with the largest capitalisation: Bitcoin, Ethereum, and Ripple. The total value of these 3 cryptocurrencies accounts for 80% of the entire cryptocurrency market. Crypto Index 3 is ideal for beginner traders who want to start with the safest, most established digital assets.

Crypto Index 5.0 (symbol: CryptoIndex5, base value 500) is based on the rates of the top 5 digital blockchain market leaders with the largest capitalisation: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, with a total value of 83% of the entire cryptocurrency market. Each digital token has an equal 20% weighting and is perfect for traders who want to include the most popular altcoins.

Crypto Index 10.0 (symbol: CryptoIndex10, base value 1000) is composed of the top 10 digital tokens by market cap, covering 90% of the entire cryptocurrency market. The index is based on the following coins: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Dash, Eos, Cardano, Monero, and Bitcoin SV. Each coin is weighted in proportion to its volatility: the higher the volatility, the greater the currency's weight in the index. This approach to structuring the index makes it ideal for experienced users who want to engage in active, aggressive trading.

StormGain – more profit at lower risk
Available as a user-friendly web platform or mobile app, StormGain allows trades 24/7 on the top cryptocurrencies with up to a 200x multiplier and 100% liquidity. Commissions are among the lowest available so you can trade as aggressively as you like and keep your profit. In addition to the best rates for trading, exchanging, and buying cryptocurrencies, StormGain offers the best rewards in the business for active traders via our loyalty programme, including significant discounts on commissions, bonuses on deposits, and up to 20% APR interest on crypto holdings.

Get ready for the age of cryptocurrency by becoming an expert thanks to our in-app education programme and market trading signals. Our new crypto indices make getting started in crypto trading even easier. Registering with StormGain is easy and takes just 5 seconds. Sign up now and try StormGain completely risk-free with our demo account.

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Re: Newcastle United Goes to Crypto with StormGain
« Reply #83 on: December 25, 2021, 11:23:00 PM »
Big sponsorship deals give everyone confidence. Newcastle United is a big football club. One of the oldest teams in England. A naturally impressive deal. I congratulate you.

I think if you want to make another big sponsorship deal, you can make a deal with this forum. It would be a very effective job. Definitely consider this privately. :)
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