The 50-week simple moving average (SMA) on bitcoin has crossed over the 200-week SMA for the first time on record, confirming the golden cross. The phrase and its counterpart, “the death cross,” in which the short-duration SMA dips below the long-duration SMA, originated in Japan, per some technical analysis textbooks.
The Hard Truths and Worrying Consequences of the Tornado Cash Verdict
Indeed, part of Pertsev’s defense was acknowledging that, even if money laundering was happening, because the protocol operated like a...