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…
Mean Revision
What is Mean Revision in Crypto Trading?
Mean revision is a trading strategy that adjusts the average price at which a trader is willing to buy or sell a security. In crypto trading, this strategy can be used to buy a cryptocurrency when its price is lower than its average historical price and to sell a cryptocurrency when its price is higher than its average historical price. The idea is that the price of a cryptocurrency will eventually revert to its mean, or average, price over time,…
Block Education 
@BlockEducation
@BlockEducation
3 weeks ago 
51 views