An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Crypto Backtesting
What is Crypto Backtesting?
Crypto backtesting is evaluating a trading strategy by testing it on historical data. This allows traders to see how the strategy would have performed in the past and can help identify potential issues or areas for improvement. One example of crypto backtesting would be testing a simple moving average (SMA) crossover strategy on historical price data for a specific cryptocurrency. The trader would set up the strategy to buy the cryptocurrency when the short-term SMA crosses above the long-term SMA…
Block Education
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