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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":534,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Multi-Coin Wallet?","slug":"what-is-multi-coin-wallet","section":"M","keyword":"Multi-Coin Wallet","status":"published","definition":"A multi-coin or multi-chain wallet is one that allows users to store several crypto assets from different blockchain networks.","content":"<p><strong>Crypto wallets are very important for users if they wish to keep their assets off of exchanges in a safe manner.</strong></p>\n<p>For individuals who are new to the crypto sector, certain wallets can store a single crypto asset or a group of only a few crypto assets running on a single blockchain network. For example, many <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-wallet/">
wallets presently only support currencies or tokens that operate on the <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">
Ethereum network.</p>\n<p>As a result, these cannot be considered real multi-coin wallets. A multi-coin wallet (also known as a multi-chain wallet) is essential for people who want to spread their assets that reside on several blockchain technologies.</p>\n<p><strong>AtomicDex</strong> is an illustration of a multi-coin wallet, with the extra advantage of possessing a built-in decentralized exchange that provides blockchain interoperability.</p>\n<p>Moreover, a multi-coin wallet is, like the name implies, a wallet that can hold more than one cryptocurrency. Using a single wallet to hold a user's currencies simplifies trading on decentralized exchanges and gives an easy method to stay on top of their whole portfolio.</p>\n<p><strong>The ability to keep hundreds of thousands of crypto assets in one place and gain passive rewards by <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-staking/">staking or even gaining active rewards are some of the extra benefits of a multi-coin wallet.</strong></p>\n<p>These also have integrations that allow users to directly engage with several <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-defi/">DeFi protocols.</strong></p>","level":"easy","meta_title":"What is Multi-Coin Wallet? Definition & Meaning | Crypto Wiki","meta_description":"Multi-Coin Wallet meaning: Multi-Coin Wallet - A multi-coin or multi-chain wallet is one that allows users to store several crypto assets from different blockchain networks.","meta_keywords":null,"language":"en","created_at":"2022-03-23T13:05:41.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-multi-coin-wallet"},"prevSection":{"id":532,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Moving Average Convergence Divergence (MACD)?","slug":"what-is-moving-average-convergence-divergence-macd","section":"M","keyword":"Moving Average Convergence Divergence (MACD)","status":"published","definition":"a technical analysis indicator.","content":"<p>Moving Average Convergence Divergence (MACD) is a technical analysis technique. It is a section of <strong>a trend-following momentum pointer</strong> that reveals the interactions among two price-moving averages.</p>\n<p>It was created in the 1970s by Gerald Apel and is widely utilized by cryptocurrency traders to evaluate market momentum, and reveal possible entry and exit points alongside price behaviors.</p>\n<p>The calculation is carried out by subtracting the 26-day <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-ema-exponential-moving-average/">
exponential moving average <strong>(EMA)</strong></strong></a> from the 12-day EMA.</p>\n<p>The MACD line is the outcome of the computation. The \"single line,\" a nine-day EMA of the MACD displayed on top of the MACD line, can therefore operate as a trigger for buy or sell signals. MACD indicators may be interpreted in a variety of ways, but the most popular include crosses, divergences, and quick rises/falls.</p>\n<p>There are mainly two types of moving averages:</p>\n<ul>\n<li>Exponential moving averages</li>\n<li><strong>Simple moving averages</strong></li>\n</ul>\n<p>Simple moving averages prioritize fresher data, but exponential moving averages prioritize all data equally. To calculate the MACD Indicator, subtract two exponential moving averages from one other and plot the resulting values to form the MACD line.</p>\n<p>The MACD line then is utilized to calculate another exponential moving average which showcases the impulse line. The MACD histogram, on the other hand, reveals the difference between both lines.</p>\n<p>Meaning that both lines and the histogram swing both below and above a line called the zero-line.</p>\n<p>All in all, a moving average, which is utilized to calculate MACD, reveals the average value of past data over a particular time period.</p>\n<h3>Is MACD a Leading Indicator, or a Lagging Indicator?</h3>\n<p>The <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-moving-average-convergence-divergence-macd/">MACD indicator is a lagging indicator. Besides, all of the data used in MACD is based on the stock's previous price behavior. Because it is based on previous data, it will always \"lag\" the price. </p>\n<p>Nevertheless, a few traders utilize MACD histograms to forecast when a trend might shift. This element of the MACD may be seen as a leading predictor of future trend shifts by these traders.</p>","level":"medium","meta_title":"What is Moving Average Convergence Divergence (MACD)? Definition & Meaning | Crypto Wiki","meta_description":"Moving Average Convergence Divergence (MACD) meaning: Moving Average Convergence Divergence (MACD) - a technical analysis indicator.","meta_keywords":null,"language":"en","created_at":"2022-03-23T13:01:32.000000Z","updated_at":"2023-05-10T13:29:57.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-moving-average-convergence-divergence-macd"},"currentChapter":"M","currentSection":"what-is-mt-gox","chapterTitle":"M","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-mt-gox","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter M
What is Mt. Gox?
Mt. Gox MEANING:
Mt. Gox -
a cryptocurrency exchange for buying and selling Bitcoin that closed after a major hack in 2014.
Let's find out Mt. Gox meaning, definition in crypto,
what is Mt. Gox,
and all other detailed facts.
First revealed in July of 2010, Mt. Gox was a cryptocurrency exchange specifically created for buying and selling Bitcoin. Unfortunately, it closed four years after when a major hack took place.
Prior to the event, it swiftly became the world's largest platform for buying and selling Bitcoin. According to statistics, this platform processed more than 70% of Bitcoin transactions over three years.
To specify, it was February of 2014, when the crucial turn took place. The organization unveiled that approximately 850,000 BTC had been taken by hackers. The problematic thing was that 750,000 BTC belonged to clients. At that moment, the stoled amount would have been valued at about $450 million, and today, even at many billions.
This episode was significant in the cryptocurrency industry because it demonstrated that a big portion of Bitcoin's total supply had vanished for good. It also prompted significantly more monitoring of Bitcoin exchanges and fostered the growth of decentralized alternatives in which investors have complete control over their funds on all occasions.
Approximately a month after the website was shut down, about 200,000 BTC was found in an old wallet. Attempts to locate the rest missing cryptocurrencies have proved futile. According to projections, 127,000 credits have filed claims for compensation.
Also, a Japanese court has been entrusted with compensating victims, although it is quite probable that they will simply receive a portion of what they lost.
