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Author Topic: StormGain is a crypto trading platform for everyone.  (Read 106341 times)

Offline stormgain

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Re: StormGain is a crypto trading platform for everyone.
« Reply #135 on: March 16, 2022, 01:55:26 PM »
Bitcoin Cash (BCH) price prediction 2022-2030

Within 2 years, Bitcoin Cash has proven to be a good investment, ranking 28th among all cryptocurrencies by market capitalisation, according to CoinMarketCap. As a prosperous Bitcoin fork, BCH is predicted to grow further. However, before we delve deep into our Bitcoin Cash price prediction, let's take a look at its history.

What is Bitcoin Cash (BCH)?

Bitcoin Cash is a hard fork of Bitcoin. It appeared in August 2017, the result of a decision of influential miners, developers, investors and users who were opposed to the SegWit2x consensus. Now, it's a P2P decentralised payment system. The idea of BCH is "a coin for everyday transactions".

Bitcoin Cash's developers decided to change the block size to enable a greater number of transactions and improve the cryptocurrency's scalability. They, therefore, increased it from 1 MB to 8 MB.

After its creation, BCH quickly became popular. Almost 1,500 blocks were created within a month. Mining pools such as Antpool and ViaBTC recognised this cryptocurrency and routed high hashrate volumes to mine BCH.



Bitcoin Cash (BCH) price analysis

The many cryptocurrency community members, including Ethereum and Bitcoin miners, didn't readily accept Bitcoin Cash. Nevertheless, BCH has become a great investment tool. It's listed on different digital currency exchanges, including Bitstamp, Coinbase, Gemini and Kraken.

BCH's price history

It all started at about $200 for 1 BCH. Even at this rate, the cryptocurrency immediately hit the top of CoinMarketCap's charts by market capitalisation. The rate doubled the next day. The price was stable for three weeks until it rose to $1,000. The community must have been convinced that it was an intentional rise because the price immediately fell to $700.



We can observe a long, smooth decline. In the middle of October 2017, the price hit the $317 mark per BCH. Then, there was a significant reversal that saw BCH rise to $1,600.

Following this, the market grew several times. Each cryptocurrency rose by around 400%. Some prices increased by up to 1,000%. Bitcoin Cash was at its highest level in the middle of December, with a value of $4,091 per coin.

The dark days for the crypto market started on 22 December, when each project, including Bitcoin, Waves and others, began to lose value. The price of Bitcoin Cash fell to $1,000 before seeing a big price jump to $1,500 at the beginning of May 2018, when the market went down again.

The previous winter was the worst for the cryptocurrency market due to low prices. At that time, Bitcoin Cash traded for $80. There was small growth that brought it up to $534, but the price dropped again. In May 2021, the surge in crypto prices saw Bitcoin Cash's price increase to over $1,600, the highest since it traded at around $1,800 in April 2018. But it couldn't be maintained; since then, the price has fallen back to the $500-$600 region and has even traded as low as $280 in recent weeks.

BCH technical analysis

Today, the price of Bitcoin Cash is trading close to a two-year low, and there is hope that BCH's price will recover soon.

Following the crash after the bull run in 2021, BCH has failed to recover to higher prices. It has consistently traded downwards, breaking effortlessly through several support zones and firmly establishing a bearish market.



BCH is currently trading at $286 after a slight rebound from a two year low. The price is looking to test the nearest resistance at $364.47. While a break above the aforementioned support will be a good sign for bulls, it still doesn’t change the currently bearish market sentiment. BCH has to reclaim $700 before a good case can be made for an impending bull market.

Bitcoin Cash (BCH) price prediction for 2022, 2023, 2025, 2030

It's tough to make a price prediction for such a volatile market. Technical analysis isn't enough. Why? To understand this, take a look at human psychology and follow the latest news about all the top cryptocurrencies.

First, prices depend on Bitcoin. As it gains strength, it rushes swiftly onto the market and stimulates growth. On the other hand, it also generates a decrease for all coins. Why does this happen? People think that Bitcoin determines the market's near future.

Next, most cryptocurrencies are interdependent upon each other, often with negative dynamics and relatively independent with positive ones. When the market falls, all currencies lose their value, but during a massive rise, each coin's price grows at its own rate.

Other influential factors are:

- The latest news
- Investments from well-rated companies or persons
- Miner productivity
- The attitude of different exchanges.

We have some thoughts about Bitcoin Cash's future price. But first, let's take a look at some predictions from popular services.

TradingBeasts Bitcoin Cash price prediction for 2022, 2023, 2025, 2030

As it stands, the price prediction from TradingBeasts is a bit conservative for 2022 as they expect the price to max out at $371 for the entire year. They predict that the highest price point for Bitcoin Cash in the next couple of years could be capped at a little over $700.

WalletInvestor Bitcoin Cash price prediction for 2022, 2023, 2025, 2030

WalletInvestor says that a long-term increase in BCH is inevitable. According to previous forecasts, the future value of Bitcoin Cash could reach as high as $819, which it did back in May 2021.



WalletInvestor's look ahead is also quite reserved in their hopes for BCH gains in 2022, but their BCH price prediction for consequent years will get investors excited. They predict that BCH will grow by over 100% in one year, and by 2027, the token may be valued as high as $940 per coin.

Long Forecast Bitcoin Cash price prediction for 2022, 2023, 2025, 2030

LongForecast is still a bit pessimistic about BCH's price, especially for the coming years. They predict a rise to price levels above $300 from now until 2023. That’s where the good news ends for BCH. Their prediction suggests that the token will fall below $100, and 2027 may be an exceptionally bad year with the price reaching as low as $72.

DigitalCoinPrice Bitcoin Cash price prediction for 2022, 2023, 2025, 2030

Probably the most positive BCH price prediction, DigitalCoinPrice has predicted a very successful decade for Bitcoin Cash. They believe that in 2023, Bitcoin Cash will trade above $460, and in 2025, prices will stabilise above $600 for 1 BCH. By the end of 2027, 1 BCH will be valued above $1,500.

Bitcoin Cash overall value predictions

Predictions for Bitcoin Cash could be optimistic just because it's the most successful hard fork in cryptocurrency history today. The total hashrate is 2.544 Ehash/s. This shows that mining pools believe in the future of BCH and are trying to support it. According to CoinMarketCap, the daily trading volume is over $3 billion. So, traders believe in this project, too.

BCH's fees are low again, so it could be more stable, with people completing more transactions. This could influence the positive attitude towards cryptocurrency and stimulate a small rise.

BCH prevails above fiat in some countries, especially in Australia. Forecasters rely on future projects connected with Bitcoin Cash and predict continued growth. And with the wider adoption of cryptocurrencies worldwide, we can also see a chance for better price performance in the coming years..



On the other hand, Bitcoin Cash has many problems, mostly technical issues. Just as with Bitcoin, BCH's block time is almost 10 minutes. This chain is overloaded, and each transaction processes after a significant delay.

Bitcoin Cash's productivity depends on miners' activity. The network's complexity is increasing, so miners have to spend more resources to work effectively. As a result, some of them will give up on this idea for the hashrate to decrease. This will hurt transaction rates, followed by a fall in BCH's price.

The same goes for security issues. If miners are reluctant to use their high hashing power, that 51% possibility of an attack will grow. Someone with great resources could have the ability to control the BCH chain and use it for their own needs.

How high can Bitcoin Cash go?

It depends on whether Bitcoin Cash will destroy Bitcoin. It's hard to answer this question. BCH can be scaled much higher than Bitcoin. But it still has its own flaws: security and interdependence with other alternative coins.

Bitcoin will not die anytime soon because it's needed to exchange most cryptocurrencies on most exchanges. If Bitcoin crashes shortly, the whole market will fall. While the need for BTC exists, neither Bitcoin Cash nor other altcoins can overtake the market.

Next, BCH is dependent on Bitmain, which provides the biggest support for this cryptocurrency. Because of this, BCH can't go very high. If Bitmain changes its favourites, Bitcoin Cash will lose its position.

Therefore, we can't give a forecast for the highest Bitcoin Cash price because it has many variables affecting it. However, we do believe that it will rise to $5,000 in the next five years.

BCH Price prediction today

These days, the whole crypto market is bearish. Traders are mostly selling Bitcoin Cash. That is why the BCH price prediction today is quite gloomy. In the coming days, the price may fall even further. There are some bullish reversals, but it probably won't be enough for a significant rise until more bullish momentum in the crypto market in general.

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Re: StormGain is a crypto trading platform for everyone.
« Reply #135 on: March 16, 2022, 01:55:26 PM »

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Re: StormGain is a crypto trading platform for everyone.
« Reply #136 on: March 17, 2022, 12:10:58 PM »
Litecoin (LTC) price prediction 2022-2030

Some investors are proud of Litecoin, while others are disappointed with it. LTC's biggest failure was in 2018. Since then, it has performed better. Still, for the most part, people don't believe in Litecoin, which is why LTC lost its positions, according to CoinMarketCap.

However, Litecoin may still provide investment potential. Analysts say that, in the long term, LTC may see its price increase and reassume its previous rank. If you're looking for a good return in 5 or more years, pay attention to this cryptocurrency.

Before we delve into Litecoin predictions and answer questions such as why LTC may be successful or fail once again, let's quickly review its history, main features and future plans.

What is Litecoin (LTC)?

For ordinary users, Litecoin is one of the most recognised cryptocurrencies in the whole market. It is also known as the 'silver crypto', while Bitcoin is gold. Newbies to the cryptocurrency market may not know that LTC is a fork from Bitcoin and is one of the oldest digital currencies. For many years, LTC was one of Bitcoin's main competitors.

A brief overview of Litecoin as of 14/03/2021:



Litecoin comes from the words' light' and 'coin' because this cryptocurrency was founded as a simplified version of Bitcoin. They work the same way, but LTC is technologically better:

- It reduced the block time by 4 times, which allowed transactions to be processed faster.
- It uses a Scrypt mining algorithm that requires less power to create a block.

Litecoin has a big user base and significant demand on exchanges. Moreover, it's one of the most popular cryptocurrencies on the darknet.

LTC is promoted by the not-for-profit organisation Litecoin Foundation. Today, there are only two full-time developers at this foundation. The other supporters are advisors, investors and ambassadors or play other roles.



Litecoin (LTC) price analysis

The future of Litecoin's price depends on many factors, from fundamental to technical analysis. In general, like silver compared to gold, Litecoin is cheaper than Bitcoin. The price ratio is 1:155, which is much bigger than silver's ratio to gold (1:50). Why is that?



Litecoin is more available for buyers. LTC's total supply is 4 times greater than BTC's. Another reason for the price disparity is that Bitcoin, like gold, has better recognition around the world. Increasingly more people prefer BTC as an alternative for fiat money. What's more, BTC is a superior store of value, while LTC is better for quick purchases.

LTC's price history

Litecoin was founded in 2011, so today, its history is very long and saturated. During its first three years of existence, LTC was very popular for several reasons:

- The ability to mine with low-power processors.
- Its low exchange rate allowed people to buy the necessary number of coins in anticipation of a future price increase.
- The Scrypt algorithm simplified the mining process and increased the cryptocurrency's reliability.
- Higher transaction speed.
- Higher coin amount.
- Mining difficulty is recalculated more often.
- The increased block size reduced the possibility of transaction freezes.

These benefits attracted the attention of the cryptocurrency community. Most of them changed their priorities from BTC to LTC and began to buy the 'silver crypto'. As a result, LTC's price grew every month. From the moment of its creation in 2011 through the end of November 2013, LTC's price changed from $2 to $52.



A correction then occurred, and its price changed from $50 to $24 (on 31 December 2013). Nevertheless, the cryptocurrency community began to consider this asset for serious investments.

The reasons for such sharp changes are ambiguous. It's not as easy to interpret the real factors for a coin's rise and fall in the crypto world. This might be due to decentralisation, the complete absence of any regulatory authority or more recognised growth-filled speculation.

At the very beginning of 2014, the situation rapidly changed. In January, LTC was valued above $20, but from February on, a downward trend became apparent. By the summer, its price was above $10, but on 15 June 2014, it passed the psychological mark of $10 and, by the end of the year, the price again dropped to $2.

The all-time Litecoin price chart from June 2014 to the end of 2017 was low but stable. There were several insignificant jumps slightly above $6, but there wasn't any large-scale growth.

In the summer of 2015, many members of the cryptocurrency community discussed a possible increase in LTC's price due to a halving of its mining block reward. It was supposed to take place in August. Accordingly, a price pump was carried out on 10 July 2015, and LTC rose to $8 before rapidly dropping down to $3 and then to $2.

For the first three months of 2017, LTC's price remained stable. The 'silver' cryptocurrency was trading for $3-$4 and didn't give investors any hope. However, in the spring of 2017, the situation changed. Litecoin exceeded $10 for the first time on 6 April. By the end of April, it was trading at $15.

This increase happened for several reasons:

- A new version of Litecoin Core was released.
- The SegWit code was implemented in the new version.
- The open-source blockchain explorer 'insight.litecore.io' was released, which can be used to develop online repositories and other apps.

Litecoin's price continued to grow until the end of 2017. Its growth was not rapid but stable, going from $4.30 to $83 in 11 months. That growth trend favourably influenced the popularisation of cryptocurrency and attracted the attention of investors again.

Then the crypto market boom came about. No member of the cryptocurrency market will forget the end of 2017 and the beginning of 2018. That's when all crypto projects saw their prices grow several-fold. Some projects had a rise up to 1500%. Litecoin also had the greatest time.

On 2 December 2017, the chart for the entire duration of Litecoin's existence reached the $100-mark for the first time, and on 12 December, the value exceeded $200. The price continued to grow rapidly before surpassing $320 on the evening of 12 December.

LTC's maximum price came on 19 December, when it hit $372 per coin. Its market capitalisation at that time was over $20 billion, thanks to the overall positive upward trend across the cryptocurrency market.

At the same time, Charles Lee made a statement that he would sell all his LTC coins for system transparency. Many members were worried that this could cause a depreciation, but there wasn't any correction.

Then the 'dark times' began for all crypto lovers. Many people began to speculate on prices, leaving the market very unstable. Every coin lost its position. Litecoin fell to $200, then to $120. The summer of 2019 was a good period for this crypto coin because it had risen to $135 per coin. However, its price fell again and traded within the range of $40 to $60 for the majority of 2020. Hope arose again for enthusiasts in early 2021; the pump in crypto price saw Litecoin regain its all-time high at over $400 to a Litecoin. The exponential growth wasn't sustainable, of course, and the price has declined ever since. Litecoin currently trades at around $103.

LTC technical analysis

In the first few months into 2021, a storm of exponential growth ravaged the crypto market, coin prices skyrocketed following BTC's upsurge, and new highs for a lot of cryptocurrencies were formed.



That story is old now, and the price has declined greatly, and for a time, doom was whispered across the crypto market. Things began to look up for LTC when the price rejected a recognised support level around the $100 - $120 region. Since then, the price has tried, with little success, to climb higher. LTC is currently trading in a downward channel and looking to test the support level at $69. If this holds, it may be the incentive for bulls to drive the price out of the descending channel.

Litecoin price prediction 2018

After the cryptocurrency boom at the end of 2017, the crypto community thought that Litecoin would move up and get closer to CoinMarketCap's top 3 cryptocurrencies: BTC, ETH, and XRP. But no analyst could accurately predict the situation on the cryptocurrency market because everything happens so quickly.

Analysts relied on the information in the chart, so they concluded that a gradual rise in Litecoin's price might begin. They said that it would go slowly and that the price would either fall or rise again. The most positive forecasts showed that Litecoin's price could grow to $370.

Ideally, by the end of 2018, a 'silver' coin might be sold for $500. In addition, analysts said there wouldn't be a significant drop, given that the cryptocurrency market was in a deep correction, but that every coin would increase afterwards.

Litecoin price prediction 2019

The analysts made a mistake. Litecoin saw a small increase in the spring of 2018, but then it fell to $20.

At the very beginning, experts said of the Litecoin price prediction for 2019 that the value of any asset could not decrease continuously for a long time. Any asset that had shown a significant decrease would later show a correction. Given all of the above, the situation changed: LTC's price rose from $30 in January to $122 in July.

Analysts gave another positive forecast. They believed that Litecoin's future price would be better. The most realistic forecast was $380 per LTC. The most impressive predicted new record: $2000 per coin. However, today Litecoin now trades for $55. Let's talk about future predictions.

Litecoin price prediction 2020

Litecoin began 2020 in an uptrend that lasted until late February. The price peaked in the first quarter of 2020 at $84.50, then declined by more than 65% to set a yearly low at $25. LTC picked up slowly after that but picked up the pace towards the end of the year. In November, it had grown to levels above the previous yearly high set in February and in December, Litecoin traded above $120.

Litecoin price prediction 2021

Litecoin continued the uptrend that began in late 2020, creating significantly higher highs as it sped along in its growth. In May, it finally lost steam and fell sharply, but not before setting a new all-time high at $412.96. LTC fell by more than 70% before finding support at around $120. It tried to recover the new all-time high set in May but only managed to get back slightly above $300 before falling again to lower prices.

Litecoin (LTC) price prediction for 2022, 2023, 2025, 2030

Some analysts are making very optimistic forecasts again. Others say that Litecoin will never be great again. Why? Because there are simply so many new projects with better conditions. We'll tell you about our expectations, but let's first look at some forecasts.

Smartereum Litecoin price prediction for 2022, 2023, 2025, 2030

Smartereum forecasts held that the future of Litecoin's price was hopeful earlier last year. But now, their position is that this cryptocurrency may trade lower in the coming months. As for Litecoin's price prediction for 2025, they haven't provided a clear forecast.

TradingBeasts Litecoin price prediction for 2022, 2023, 2025, 2030

Trading Beasts has always been very realistic. Their beliefs are based only on technical analysis. They predict that LTC will not go higher than $133 and may close the year around $97. It doesn't get much better in 2023 but begins to pick up in 2024 when they expect Litecoin to trade as high as $202.

WalletInvestor Litecoin price prediction for 2022, 2023, 2025, 2030

WalletInvestor is somewhat positive with their predictions. They predict that LTC will get as high as $153.301 by 2023. Consequent years are also predicted to be positive, with LTC being valued at $352.793 by 2027.



Long Forecast Litecoin price prediction for 2022, 2023, 2025, 2030

Long Forecast's LTC price predictions are not particularly rosy for this decade. They've predicted that the coming years will see LTC's price consolidate a lot within the $100-$160 price range. Their prediction suggests that 2023 may be the best in this decade as LTC may trade to $156 before crashing to $40 in 2026.

DigitalCoinPrice Litecoin price prediction for 2022, 2023, 2025, 2030

Probably the most optimistic forecast yet, DigitalCoinPrice believes that LTC is a great option for long term investment. By the end of 2022, Litecoin will trade close to $150. Consequent years will see a steady price increase for LTC, and $500 may be in view. This is great news for potential investors, and 2022 may be a fine time to get in on Litecoin.

Litecoin overall value predictions

In general, Litecoin has some chances for upward price movement. First, this cryptocurrency is one of the most successful Bitcoin forks. Second, it provides fast transactions, so many people will use it as a payment system. Third, mining Litecoin is easier than Bitcoin or Bitcoin Cash (BCH). If the price for BTC and BCH rises, LTC will be in better shape, too.

How high can Litecoin go?

It's difficult to predict exactly how high a coin like Litecoin can go, and with all the uncertainties facing the world right now, it'll take strong positive sentiments to return the general crypto market to bullish sentiments.

Litecoin price prediction today

LTC's price prediction today must be based on technical analysis. We've seen that bulls have found support at around $105. They have a great chance of moving LTC's price higher if that support holds long enough for market sentiment to explode once again like it did last year.

Once again: Litecoin is silver to Bitcoin's gold. That is why LTC's price always depends on BTC. Today, BTC is showing signs of recovery, so LTC may reach higher marks soon.

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Re: StormGain is a crypto trading platform for everyone.
« Reply #137 on: March 18, 2022, 12:07:51 PM »
Whales waiting for $30,000 Bitcoin

Cryptocurrency is still considered a risky asset class, which explains the reduced interest in times of macroeconomic trouble. Rising global inflation and the risks associated with the global energy and manufacturing crises are prompting market participants to reassess their positions.

Consequently, late January saw whales (wallets with more than 1,000 BTC) increase their Bitcoin reserves, assuming a price of $40,000 and below optimum supply. Now, they have returned to active selling.



From the current price drop, minor buyers with wallets of up to 10 BTC are sustaining activity. They are ramping up their buying in the hope that a local bottom has already formed. However, analytical reports from Willy Woo suggest the lack of a sufficient dip in the relative cost basis. Woo states, "there is still room for another drop".



Acheron Insights editor Christopher Yates shares Woo's concerns and expects Bitcoin to fall to $30,000 on the worsening macroeconomic conditions and the Fed's policy of gradual monetary tightening.



However, the majority of market participants remain optimistic about the cryptocurrency market's future fortunes. For example, publicly-traded mining companies have announced that they are to increase their orders for new ASICs, aiming for more than a 200% increase in capacity by year-end. The biggest drive is expected to come from Marathon Digital, which is planning to raise its hash rate by 600% to become the most powerful publicly traded miner in the world. 



At the same time, mining firms are in no hurry to cash in their mined coins, with several of them not only mining but also purchasing Bitcoin on the market. As a consequence, Marathon Digital currently holds reserves of 8,956 BTC, with 4,813 BTC of those purchased by the company in January 2021.



Just today, the US Federal Reserve announced that it is raising its key rate, which could lead to a new wave of Bitcoin selling. At the very least, the whales will seek to retrieve their losses from this scenario, counting on a return to buying at lower prices.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #138 on: March 21, 2022, 12:26:30 PM »
RUNE price doubles in March

The capitalisation of the crypto market in March shrank by 5% to $1.79 trillion, leading investors to look at projects demonstrating significant growth against the grain. One of these was THORChain, whose native RUNE coin rose from $3.80 to its current $8.00 in March.



THORChain was developed in 2018, and its testnet launched in November 2020. This is a young project that recently entered the Top 50 cryptocurrencies by market capitalisation, coming in at $2.6 billion. THORChain is a cross-chain liquidity exchange platform built with Cosmos SDK and the Tendermint proof-of-stake consensus algorithm. Its native RUNE coin is used for intra-economic transactions and to pay rewards to validators.

THORChain is maintained by a group of anonymous developers. However, with the release of its mainnet, the admin keys will be destroyed, and control is planned to be handed over to RUNE holders. The main network's launch date is scheduled for some time in 2022.



Growth in March was driven by the launch of trading in synthetic assets, as well as the inclusion of Terra (LUNA) in the THORChain network. The introduction of the LUNA coin and the UST stablecoin provides users with even more opportunities for trading and staking. Currently, the THORSwap decentralised exchange supports six types of wallets and eight blockchains.



At the same time, THORChain remains an extremely attractive staking instrument, with the yield on some pairs exceeding 50%. The launch of the Thor Financial platform is expected closer to summer, which will add lending and borrowing tools to the ecosystem.



THORChain is a young project with ambitious plans. Recently, the developers shared the idea of launching their own algorithmic stablecoin, THOR.USD, based on the example of UST in Terra. The successful implementation of planned innovations and the deployment of the mainnet will ensure RUNE's long-term growth.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #139 on: March 22, 2022, 01:28:08 PM »
An NFT for every human on Earth? The crypto art world's most ambitious projects

A Dutch artist has created a collection of 7.9 billion NFTs as part of an intriguing social experiment. The twist? In contrast to the collectable-friendly variations on a theme that characterise popular NFT sets such as Cryptopunks or Bored Apes, each of these NFTs is completely identical.

The artist, known as Dadara, has teamed up with RAIRtech, a digital rights management platform, to create this collection of non-fungible tokens called "CryptoGreymen" on the Polygon Ethereum scaling network.

The 'Greyman' is a character created by Dadara back in the 1990s. It depicts a suited, balding man carrying a briefcase with a world-weary expression. Although the artwork for each NFT is identical, they all carry a serial number from 1 to 7.9 billion, corresponding to the number of humans estimated to be living on Earth today.


Dadara's original 'Greyman' character. / Source: Dadara

Dadara's aims for the project are lofty. The artist hopes that the NFT collection "can rattle the cage of consensual reality and elevate conversation". In an official announcement, he explained the concept behind the social experiment as such:

"No one specific NFT is better than another, and because the minting price is widely accessible, it will be interesting to see what value each individual CryptoGreyman holder brings".

Given how these identical art pieces go completely against the trend of collectable NFTs, it will indeed be intriguing to see what their activity in the market will be like. In addition to serving the function of a social experiment, the CryptoGreymen are also tied to a humanitarian cause. Movement on the Ground, a non-profit organisation that helps refugees learn how to set up a crypto wallet, will lock away 2,222 CryptoGreymen as educational devices. Movement on the Ground seeks to provide a ''dignified, innovative and sustainable response'' to the global refugee crisis and uses cryptocurrency and blockchain technology as a means of empowering refugees.

Future art sold as the highest-value NFT collection in history

The idea of buying futures should not be alien to experienced traders, but one of the latest developments in the NFT art world demands a leap of faith from investors. SuperWorld Artist Gabriel Dean Roberts has listed an NFT collection of 120 original works of art for sale, the catch being that the art has not yet been created. Instead, buyers purchase the art in advance.

The collection is dubbed 'Omega', or simply 'Ω', and is on sale for 50,000 Ethereum (ETH) $150 million on SuperWorld, a metaverse that also serves as an NFT marketplace. This includes Roberts' future work over the next decade and a custom Rolls Royce Ghost designed by Roberts. This project also includes a humanitarian element, as part of the purchase also goes towards 1 million trees planted and a $1 million donation to Doctors Without Borders.

In an announcement to the press, Roberts explained that he designed the collection to be "the highest-value NFT ever sold or resold," which would "disrupt the art world and change the way people see smart contracts as a tool".

Pixelmon art reveal enrages investors, boosts value of 'ugly' NFTs

Not all the news in the NFT art world has been positive lately. A wave of buyer's remorse hit the early minters of the Pixelmon NFT collection when the much-hyped metaverse platform revealed the finalised art for the project over the weekend.

As you might tell from the name, Pixelmon was a Pokémon-inspired platform, an open-world multiplayer game in which players could catch, breed,\ and trade NFT-based Pixelmons. Each Pixelmon NFT was minted for 3 Ether (ETH), equivalent to almost $9,000 today. The project raised about $70 million in the time running up to its launch when it succeeded in becoming a laughing stock.

Promotion art for the Pixelmon project had displayed competent, attractive models for the game characters and environments. However, after the launch, the artistic quality of the models was so far below what had been previously advertised that buyers were enraged and accused the developers of a 'rug pull'.

Although investors are understandably enraged at the varying quality of the Pixelmon graphics, others in the crypto community are having fun with the Pixelmon characters, some of which have achieved meme status among NFT fans for their sheer awfulness. One particularly ugly one, a turtle called 'Kevin', has increased in value by 4.75 ETH ($13,900) and inspired further NFT collections featuring the character's likeness.

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Re: StormGain is a crypto trading platform for everyone.
« Reply #140 on: March 23, 2022, 02:13:39 PM »
Ethereum outflow hits four-year high

Crypto investors hope that Ethereum's long-awaited transition to the proof-of-stake protocol will take place this year. This will save the network from expensive fees and allow it to compete with faster blockchains. Ethereum has already reduced its share in DeFi from 96% in January 2021 to the current 52%, and if Vitalik Buterin delays the move again, the network risks losing leadership in key areas.



Based on the roadmap, Ethereum has passed through all of the stages on the way to merging the two branches, ETH and ETH 2.0, with the date listed on the official website for the event to take place in Q2 2022. In anticipation of the upcoming changes, crypto users increased their rate of Ethereum withdrawal to cold wallets, reducing the total balance held by crypto exchanges to 21.7 million ETH. This is the lowest value since September 2018. At the same time, a further acceleration has been observed in March: the weekly outflow exceeded 180,000 ETH ($512 million).



Despite the London hard fork and transaction fee burning, the network remains inflationary. In other words, more coins are mined than burned. However, with the transition to proof-of-stake, it can become completely deflationary, which will increase the value of Ethereum.



The price is also supported by a general reduction in supply caused by the transfer of ETH to a deposit contract. Users currently have 10.6 million ETH (worth $30bn) locked up, with about one million ETH added in the last 30 days. The total locked up amount is 9% of the entire ETH network capitalisation. It'll become available for withdrawal no earlier than the merger date between the two branches.

Locked up funds allow receiving passive income from staking. The only restriction is that you need to deposit in blocks of 32 ETH. But there are a number of services that allow you to pool smaller investments. For example, Lido provides staking with a current yield of 3.8%, and the total amount under its management exceeds 2.7 million ETH.

Interest in ETH 2.0 is on the rise – this is evidenced by both the outflow of funds from crypto exchanges and the growing deposit contract. The only question is: when is all of this going to happen?


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Re: StormGain is a crypto trading platform for everyone.
« Reply #141 on: March 25, 2022, 12:53:18 PM »
ETH 2.0 Approach Increases Interest in Ethereum Classic

According to Ethereum's official website, there are only a few months to go before Ethereum switches to the proof-of-stake (PoS) protocol. The date of the two branches' merger is set for Q2 2022. All intermediate stages have already been completed. This is a major event for the market, one that directly affects the second-largest cryptocurrency, which has a market capitalisation of $356 billion.



The main change is the shift away from mining. Instead of miners, validators will be responsible for confirming transactions (the principle of proof-of-stake). The need for expensive computations will disappear, and miners won't be able to make any money. This will encourage them to refocus on mining blocks on other networks, with Ethereum Classic (ETC) at the top of the list of alternatives.

ETC was born as a result of the Ethereum hard fork at block 1,920,000 in July 2016. The hard fork was a response by founder Vitalik Buterin and most of the ETH developers to the DAO (Decentralised Autonomous Organization) hack that resulted in the theft of 3.6 million ETH. With the help of a hard fork, Buterin decided to rewrite history in order to return money to DAO investors. But not everyone supported this idea, with some calling for the code to be kept unchanged. The old branch was called Ethereum Classic, and the "Code is Law" doctrine became the main philosophical principle of the community.

Both blockchains support smart contracts, but at the same time, ETC has a number of differences from ETH, for example, the "difficulty bomb" has been deactivated, and the supply of coins is limited to 210 million. Developers supporting ETC described the basic principles of the system as such: transactions and the history of the ledger cannot be changed, and no changes will be made to the code that could violate the properties of immutability and interchangeability.



ETC and ETH work on the same algorithm, and the daily yield of the old branch is not much less than that of the leading altcoin – $2.15 versus $2.43, with a hardware power of 84 MH/s (RTX 3080). When ETH switches to PoS, miners will switch to ETC mining. The rekindled talk of an impending move has driven ETC up 80% over the last eight days.



For ETC, the influx of miners will provide invaluable support, as the network has experienced several 51% attacks in the past. The increased hashrate and heightened decentralisation will positively affect the network's security and create the conditions the coin needs for its price to grow further.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #141 on: March 25, 2022, 12:53:18 PM »


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Re: StormGain is a crypto trading platform for everyone.
« Reply #142 on: March 28, 2022, 11:13:38 AM »
Terra Driving Bitcoin Towards $50,000

LUNA (Terra) is the only coin from the Top 10 that managed to set an all-time high in March. Meanwhile, at the end of last week, Terra co-founder Do Kwon revealed plans to acquire $10 billion worth of Bitcoin to bolster UST stablecoin reserves. Bitcoin rose 7% on this news.



UST is an algorithmic stablecoin on the Terra network and is pegged to the value of the US dollar (1:1). Unlike Tether or USDC, the company doesn't keep reserves in currency or other assets to provide liquidity. Instead, the UST money supply is linked to the LUNA coin. When there's a shortage of UST, LUNA validators earn additional rewards. If there's a surplus, an amount of LUNA must be burnt to bring the stablecoin's price back in line.

The system is well-balanced and has already proven the viability of third-party projects using UST during a crisis. However, the company decided to strengthen the stablecoin's position by adding $10 billion worth of Bitcoin to its reserves. This amount is designated as the end goal; the $3 billion held in various funds has been allocated to facilitate the first stage of the plan.



If Terra acquires $3 billion worth of BTC, the company would become the coin's second-largest known holder in the world. At current prices, the company's reserve would total 68,000 BTC. Only MicroStrategy has more with its reserve of 125,000 BTC. Bitcoin Magazine reported that Terra has already started to boost its cryptocurrency reserves, with the acquisition of two tranches worth a combined $250 million carried out so far.



Once the targeted amount reserves are in place, Bitcoin, like LUNA, will become a balancing coin, ensuring the liquidity and stability of UST. Do Kwon promised to reveal more details about the mechanics of the interaction between the stablecoin and Bitcoin in the near future.

Terra's main objective is to create a reliable bridge between fiat currencies and cryptocurrencies. UST is already the top algorithmic stablecoin (decentralised tokens that do not depend on a centralised point of issuance) but has a lower market capitalisation compared to centralised offerings like USDT, USDC and BUSD. The creation of the reserve will allow Terra to gain even more trust and become one of the Top 3 stablecoins in the near future.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #143 on: March 29, 2022, 09:13:11 AM »
Don't fall for scams: the truth about Ethereum 2.0

Ethereum's much-anticipated upgrade has been hyped for a few years now, as developers on the Ethereum network work to improve the system's scalability, efficiency and security. Part of this process involves changing Ethereum (ETH) from a proof-of-work consensus model to a proof-of-stake one. Until recently, these improvements to the Ethereum blockchain were collectively referred to as Ethereum 2.0, and an Eth2 token was expected to come with it.

However, in early 2022, this changed, and crypto buyers should beware of any offers claiming to be for Ethereum 2.0. They could be scams.

According to the Ethereum Foundation, the non-profit organisation that guides the development of the Ethereum blockchain, there will be no forthcoming Eth 2.0. In fact, the 'Ethereum 2.0' name and brand, as well as the term 'Eth2', will no longer be used.

Eth2 scams

The reason for the rebranding is the existence of several scams that purport to offer Eth2 but instead contain only junk or malicious attempts to steal money (crypto or otherwise) from marks who have heard of Ethereum 2.0 but have not followed the industry carefully. Such scams will leverage the average person's FOMO to try to get them to invest in fake, unrelated tokens. One common scheme involves asking users to swap their ETH for Eth2 or migrate their Ethereum tokens to a new address.

In the ever-crowded crypto market, similarly named crypto (as often happens with forks or wrapped crypto) can confuse traders. The Ethereum foundation wants to avoid any such confusion, so it abandoned the Ethereum 2.0 brand.

Instead, Eth1 (which handles transactions and data) will be known as the 'execution layer', whereas Eth2, which runs the proof-of-stake consensus model, will be referred to as the 'consensus layer'. A blog on the Ethereum foundation website emphasises that "[t]hese terminology updates only change naming conventions; this does not alter Ethereum's goals or roadmap'. It also stresses that current ETH holders do not need to do anything to benefit from the eventual upgrade of the Ethereum network, so beware of anyone telling you otherwise!

Keeping it ETH

As for the Ethereum cryptocurrency, the foundation has confirmed that there will be no new token for the system formerly known as Ethereum 2.0. To enjoy the advantages of updates to Ethereum, traders and investors simply need to accumulate Ethereum (ETH) as it exists now and wait for the upgrade.

StormGain remains the best place to buy, trade and hold ETH, along with over 65 other digital assets. Invest in ETH before the upgrade, dive into the NFT marketplace or trade against Bitcoin (BTC), Solana (SOL), Cardano (ADA) and other cryptocurrencies with very low fees and commissions. It only takes a few seconds to register with StormGain and try a demo account to see how much money you could be making on the crypto market!

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Re: StormGain is a crypto trading platform for everyone.
« Reply #144 on: March 30, 2022, 05:25:25 PM »
Anonymous coins go to the moon

Rising geopolitical tensions have led to increased demand for high confidentiality cryptocurrencies. In this context, the previous month saw Zcash shoot up by 109%, while Monero rose by 48%.



The Zcash and Monero networks share virtually the same basic principles as Bitcoin: transactions are grouped into blocks, which require miners to generate them. Bitcoin, however, is a totally transparent blockchain where anyone can track movements between wallets. Anonymous coins, on the other hand, hide information about fund flows through complex mathematical methods.

Zcash uses a zero-knowledge proof protocol called zk-SNARKs that enables users to confirm transactions without revealing their value or the parties thereto. Monero operates on a different principle known as "ring signatures". The network consists of many rings, and any participant in a given group can sign off on the transaction. As a result of a process called "mixing", it is impossible to ascertain who signed off on the transaction or who sent the transaction and to whom.



Within these sorts of networks, all transfers are performed clandestinely. Nevertheless, the confidentiality of anonymous coins has its limitations: entry and exit points. As such, amid rising regulatory pressure on South Korean exchanges in 2020, there were widespread delistings of Monero, ZCash and Dash as the authorities boosted their surveillance of suspicious payments. For example, the use of Monero and efforts to mix transactions didn't do much for the famous fraudster couple who attempted to launder the 120,000 BTC ($5.5 billion) stolen from Bitfinex in 2016.

The global spread of KYC (Know Your Client) and AML (Anti Money Laundering) policies is making it increasingly difficult to use anonymous coins for criminal purposes. This is because more and more centralised exchanges and payment systems either outright refuse to work with such instruments or only offer transfers within their own closed systems. What's more, Interpol gave up acting on complaints related to anonymous cryptocurrencies as early as 2019 since the overwhelming majority of fraudsters prefer Bitcoin.

The majority of crypto experts agree that efforts ought not to be focused on anonymous cryptocurrencies but rather on monitoring the financial activities of suspicious persons. Any wealth held in Monero will thus be irrelevant if it is impossible to prove to the tax or law enforcement authorities the source of any income following a significant purchase. This being the case, demand for anonymous coins will be largely situational.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #145 on: March 31, 2022, 03:35:06 PM »
The biggest crypto heist of 2022 so far sees the thieves get away with $615 million

Cryptocurrency projects are still the targets of hacker attacks, some of which are successful. The victim this time around was Sky Mavis, whose Axie Infinity game was the most popular NFT-based game of 2021, boasting token turnover in excess of $4 billion.



For its projects, Sky Mavis uses its proprietary Ronin blockchain, which is a sidechain of Ethereum. This network is specially designed for faster payments and lower commission. These advantages came at the price of security, with the protocol only using five out of nine validator nodes to confirm transactions. The hackers managed to crack the closed keys of four of these nodes, also gaining access to the signature of the third-party validator operated by Axie DAO.

As a consequence, the criminals managed to make off with 173,600 ETH and 25.5 million USDC, which is around $615 million at current prices. The theft took place on 23 March but only came to light on 29 March, when one user was unable to make a 5,000 ETH transaction through the Ronin bridge.

In a bid to prevent future breaches of funds, Sky Mavis has halted operations on its Ronin bridge, while the number of validators required to sign off on a transaction has been increased to eight. Due to the associated inability to arbitrage, the decentralised Katana platform was also disabled. The company assures its users that it is making every effort to get the stolen funds back and is cooperating fully with law enforcement to identify the criminal or criminals. It is also worth noting that the stolen funds have not moved since the original theft.



We cannot, therefore, rule out the possibility that a "white hat" hacker could be behind the break-in. These kinds of hackers typically wait for the company to find the vulnerability following the break-in and then return the stolen funds (occasionally keeping a little "tip" for themselves). This allows them to avoid criminal prosecution while simultaneously shedding light on chinks in companies' cyber armour and making a name for themselves in the process. For instance, last year saw Poly Network hacked by an unknown white hat who managed to steal around $600 million in various cryptocurrencies. The same hacker later returned all the unblocked funds, including a message for the company in the transaction.



However this particular story ends, a breach in one's defences is always bad for a company's image. As a result of the saga, the Ronin coin crashed 20%, while the AXS token is down 8%. The Sky Mavis team had previously expressed its hope that its sidechain would be used by third-party gaming platforms, but this now looks unlikely.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #146 on: April 01, 2022, 05:37:58 PM »
The crypto world is going bananas for ApeCoin. Should you buy in with StormGain?

In the meme-driven crypto community, monkey business is serious business. The breakout NFT phenomenon that is the Bored Ape Yacht club made headlines, celebrity name-drops, and cartoons, not to mention millions of dollars. Now BAYC's new cryptocurrency, Apecoin, is the talk of the town. But is this crypto just a cynical attempt to cash in on the Bored Ape trend or a good investment for the future?

ApeCoin (APE) was created by Yuga Labs, the company behind the Bored Ape Yacht Club NFTs, its spinoff Mutant Apes, but the coin was actually launched by the ApeCoin DAO in order to create some distance from the original company and maintain decentralised management. The DAO will handle all things ApeCoin, with the token itself touted as a coin for "art, entertainment, events and storytelling". With that language, ApeCoin is clearly shooting for a place in the Web 3.0 metaverse and is already slated to be integrated into play-to-earn games developed by the Ubisoft-backed Animoca Brands.

The early days of ApeCoin

The coin's launch on 17 March initially gave away 15% of the total supply of 1 billion as a free bonus to current BAYC NFT holders. This resulted in a predictable sell-off of freebies at launch, which meant that ApeCoin saw considerable price volatility on exchanges. Its value surged to $40 before dropping to around $8. Most recently, ApeCoin's value surged again to around $14, following a successful funding round by Yuga Labs.

Analysts have warned investors to consider the distribution structure of ApeCoin when attempting to make price predictions. A full 22% of all tokens launched were reserved for individual BAYC founders and "the companies and people that helped make this project a reality". Yuga Labs itself holds 16%, while the aforementioned other 15% is in the possession of BAYC NFT holders. The DAO treasury holds the rest. As a result, existing BAYC insiders, affiliated companies and NFT holders have considerable influence over the whole supply. As a certain proportion of these early ApeCoin holders will be waiting to sell their coins for profit, more sell-offs may be expected in the future. The supply of 1 billion APE is fixed, and the DAO has stated that new coins will not be created and cannot be burned.

However, BAYC's strong brand and financial backing do put ApeCoin in a strong position. Should the community realise its ambitions, ApeCoin could become a valuable metaverse token.

A metaverse token in the making?

The ApeCoin DAO aims to evolve an ecosystem in which ApeCoin serves as a governance token for community decision-making and as a utility token for transactions. Building on the BAYC concept, APE holders are also supposed to gain access to exclusive digital or real-world events and items.

Although ApeCoin intends to expand into a range of gaming and entertainment products, it is so far attached to two known games. One is Benji Bananas, a mobile game by Animoca Brands, which has a board member, Yat Siu, on the Ape Foundation, the current management of ApeCoin DAO. Other Ape Foundation members include Alexis Ohanian (Co-founder of Reddit and General Partner & Founder of Seven Seven Six), Amy Wu (Head of Ventures & Gaming at FTX), Maaria Bajwa (Principal at Sound Ventures) and Dean Steinbeck (President & General Counsel at Horizen Labs). Although these members can be voted out by the community after a period of six months, there is some credible expertise and industry clout at the helm right now.

ApeCoin will also be integrated into an upcoming game developed by nWay, a subsidiary of Animoca. nWay is already known for developing fighting game titles, but a teaser image shared by the company indicates that its upcoming game will feature Bored Ape characters in their distinctive art style, similar to the Red Ape Family cartoon. If these integrations are successful, the Bored Ape brand could build a media empire that ApeCoin will surely benefit from.

Trade ApeCoin and more on StormGain

If you're looking to trade or invest in ApeCoin or other popular metaverse cryptocurrencies, StormGain offers the best conditions for making a profit on the market. Trade APE, SHIB, AXS, ENJ and more with high leverage, low commissions and fantastic perks, all in one easy-to-use app. Sign up in just a few seconds to try StormGain for free and find out what the world's best crypto platform can do for you!

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Re: StormGain is a crypto trading platform for everyone.
« Reply #147 on: April 05, 2022, 03:50:25 PM »
Solana in OpenSea by this April

OpenSea is a major NFT (non-fungible token) platform with a turnover of more than $23.5 billion. In July 2021, the company had been valued at $1.5 billion and, by December, its market cap rose as high as $13.3 billion.

NFTs are like digital signatures that make it easy to establish who owns copyright over intellectual property, while also simplifying the making of donations and sales of goods. These tokens are most commonly used in the field of digital artworks and even the Hermitage uses them when selling its own collections.



Initially, OpenSea only supported Ethereum, but then rising commission fees (frequently in excess of $50) led to a slowdown in activity and the emergence of competing platforms. As a result, a young project built on the Solana blockchain and known as Magic Eden registered twice the number of transactions as OpenSea despite having half the user base.



Solana is significantly оutperforms Ethereum both in terms of transaction processing speeds (peak level of 50,000 TPS) and commission charged (less than one cent). The network is still lagging somewhat behind in terms of security and decentralisation, which can occasionally result in downtime. However, its number of nodes is rising (1652 at present) and, with the capitalisation of $39.7 billion, Solana is beginning to challenge Ripple, sending them down to sixth place in the overall rankings.



OpenSea's ability to offer cheap transactions is a strong driver of its popularity — a quality that led to its recent inclusion in Solana's list of supported blockchains this April. Solana's addition to the list of major NFT platforms will only increase demand for SOL, with the coin gaining 16% this week alone. Solana will become fourth in the list of OpenSea blockchains, behind Ethereum, Polygon and Klatyn.

Solana's inclusion will enable OpenSea to attract more young artists for whom current commissions on the creation of NFT collections are unaffordable, while also enabling this latter to retain its top spot in the market.


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Re: StormGain is a crypto trading platform for everyone.
« Reply #148 on: April 07, 2022, 09:52:20 AM »
StormGain wins 'Best Crypto Trading Platform in 2022' from AIBC

StormGain is proud to announce that it has just been awarded the coveted ‘Best Crypto Trading Platform’ title at the AIBC, the world’s leading expo for the blockchain and AI industries. The award ceremony was held at a gala event as part of the AIBC Asia Expo in Dubai, with a guest list of over 300 tech industry luminaries gathered in a celebration of achievement and metaverse-themed music and dance performance from Cross the Ages, an upcoming Web3 game property.

StormGain CEO Alex Althausen was happy to receive the award, stating that: “When we started back in 2019 we set out to build the world’s best crypto trading platform and we are only going from strength to strength in 2022. Although the year has just begun, we are so proud to be recognised by the industry greats at AIBC, and promise that we’re ready to do even more for our clients and partners this year going forward.”

StormGain stays on top of the game

StormGain’s platform has attracted praise from trading professionals and ordinary users alike for its ease of use, 300x leverage on the most popular cryptocurrency pairs, and very low fees and commissions.

No stranger to award ceremonies, StormGain has previously added Ultimate Fintech’s ‘Best Cryptocurrency Broker’ (2021), World Finance’s ‘Best Crypto Broker’ (2021), European CEO’s ‘Best Trading Platform’ (2021) and The European’s ‘Cryptocurrency Trading and Exchange Platform of the year’ (2020) award to its trophy cabinet. With over 1 million users active on the platform and over 60 crypto instruments to choose from, it’s no wonder StormGain continues to appear in crypto industry best broker lists year after year.

What makes StormGain so special?

StormGain's mission is to continue to be the best all-in-one crypto platform for everyone. To that end, it boasts an impressive collection of features that distinguish it from the rest in a very competitive industry, including but not limited to:

- Bitcoin cloud miner that rewards you with free Bitcoin just for spending time on the StormGain platform.
- Crypto options place Call and Put option orders based on the potential future price of the cryptocurrency, trading on the price changes of a digital asset without having to actually own or hold the asset itself.
- Tokenised stocks trade company shares and precious commodities tied to crypto tokens, both to manage risk in crypto trading and to get a foot in the stock market. 
- Crypto indices manage risk with an index of 3, 5, or 10 different cryptos, designed to offer a safer investment in the market.
- New altcoins including metaverse tokens such as Axie Infinity (AXS) and Enjin Coin (ENJ), as well as breakout meme coins like Shiba Inu (SHIB), Dogecoin (DOGE) and ApeCoin (APE).
- Islamic accounts As part of our mission to make crypto trading easy for everyone, we introduced swap-free Islamic trading accounts without interest or any rollover commissions.
- Profit-sharing to make crypto trading fairer for everyone. On StormGain, commissions only apply to profitable trades.

For more information on StormGain, the company’s platform, features or awards, please visit www.stormgain.com

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Re: StormGain is a crypto trading platform for everyone.
« Reply #149 on: April 08, 2022, 03:00:38 PM »
Best NFT coins list

In 2021, we saw explosive growth in the NFT market. But in addition to NFTs themselves, NFT-related cryptocurrencies have also posted significant gains. In this article, we'll tell you what NFT crypto coins are, how they differ from non-fungible tokens, and list the most well-known NFT cryptocurrencies out there.

What is a non-fungible token?

Non-fungible tokens (NFT) are unique digital assets stored on a blockchain, each of which is one of a kind and represents a real-world or digital object, such as a digital image, video, real estate, etc. NFTs are used as digital certificates, authenticating the objects they represent and assigning a specific set of rights in respect of those objects to the owners of the NFTs in question. You can read more about NFTs in one of our previous articles.

What is a whitelist in NFT terminology?

Because of the hype around NFT, new NFT projects tend to stir up a lot of excitement around themselves. As a result, there are too many people who want to buy the tokens before anyone else, and the number of tokens is limited. To solve this problem, NFT whitelists are used. The NFT whitelist is a list of users who get priority access to buy new tokens, participate in airdrops, and other benefits. To get whitelisted, you need to meet certain criteria, which you can find out about from the team of this NFT project, usually by joining their Discord group.

What are NFT cryptocurrencies?

Although NFT and cryptocurrencies are based on the same blockchain technology, they have some major differences. What does the term "NFT cryptocurrencies" mean in that case? Typically, the term is used to refer to tokens that, while not being non-fungible tokens, are used by various NFT platforms, most often as governance or utility tokens.

Best NFT coins 2021

NFT-related cryptocurrencies were among the biggest gainers of 2021.


Top NFT coins in 2021

TOP NFT coins 2022

The number of NFT-related blockchain projects with their own cryptocurrencies is relatively high, and new ones are appearing all the time. Here we list the largest NFT crypto tokens by market capitalisation, which many crypto investors have in their portfolios.

Decentraland (MANA)

Decentraland is a virtual reality platform based on Ethereum blockchain. It's a metaverse designed to connect content creators and consumers, that allows its users to create, experience, and monetise content. The Decentraland universe consists of 90,601 parcels of land, each represented by NFT LAND. Virtual in-game objects are also NFT. The MANA token acts as in-game money for the metaverse. It can be used to buy any in-game assets, such as land, items or services. In addition, the token can be used to vote in the DAO that governs the project.


MANA price statistics (as of 04/04/22)


MANA/USD historical price chart

The Sandbox (SAND)

The Sandbox is a virtual sandbox game metaverse based on the Ethereum blockchain. Its graphics are reminiscent of Minecraft. Users are free to develop a virtual world, create real estate and objects, move around and play games. Both the in-game real estate and player-created assets are NFTs. The SAND token serves as the main utility token of the ecosystem and is used to perform all types of transactions. In addition, SAND is a governance token. On top of that it can also be used for staking.


SAND price statistics (as of 04/04/22)


SAND/USD historical price chart

Axie Infinity (AXS)

Axie Infinity is a popular blockchain game inspired by the hugely successful Pokemon series. The game uses the 'play-to-earn' business model. The gameplay consists of growing, selling and collecting digital creatures called Axies, and battles between them. Each of these creatures has unique characteristics and appearance and is an NFT. Axie Infinity Shards (AXS) token is the governance token for the Axie Infinity ecosystem. In addition, the token is also an in-game resource required to breed Axies. There are also plans to add the option to stake the token in the future.


AXS price statistics (as of 04/04/22)


AXS/USD historical price chart

Theta Network (THETA)

Theta is a decentralised video streaming network that uses the excess bandwidth and computing resources of users to improve video quality. The project addresses the main challenges of the streaming industry: reducing content delivery network (CDN) costs, optimising video streaming in high resolution and bitrate and breaking down the barriers between content creators and end-users. In addition, the developers have launched an NFT marketplace powered by the Theta Network blockchain. THETA is a governance token in the ecosystem.


THETA price statistics (as of 04/04/22)


THETA/USD historical price chart

ApeCoin (APE)

ApeCoin is the newest token listed here. It was launched on 17 March 2022. ApeCoin was created as a governance token for the APE Ecosystem and will allow its holders to participate in the ApeCoin DAO. APE Ecosystem was inspired by the famous NFT project Bored Ape Yacht Club (BAYC). It is stated that Yuga Labs, the creators of BAYC, will join ApeCoin DAO as a community member and will use APE as the main token in all its future projects.


APE price statistics (as of 04/04/22)


APE/USD historical price chart

 

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