Golden Cross
By Cryptomcmillan1 | Updated on May 24, 2020
It is a bullish signal in technical candlestick pattern by comparing two lines of short-term moving average and long-term average. It is a golden cross when the short term moving average broke its long-term moving average because it means the short-term momentum is above its long-term momentum. There are three stages to a golden cross, where the first stage is when the downtrend has bottomed out. The second stage is when short-term moving average moves from below to above the long-term moving average. The last one is a sustained uptrend to higher prices. The opposite movement of golden cross is called death cross.
Related Terms
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Fully Diluted Valuation
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation.
Mining Rig
A dedicated hardware to mine
Scrypt
one of the hashing algoritm used in proof-of-work protocol, scrypt requires more memory in order to performing mining functions
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