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Volume A succinct definition of Volume VolumeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVOLUMECopy linkShare on TwitterShare on FacebookShare on LinkedinVolumeIn the context of cryptocurrency, ‘volume’ refers to the total amount of a particular digital asset that has been traded within a specific time frame, typically measured in units of the cryptocurrency (e.g., BTC, ETH) or in terms of its equivalent value in fiat currency (e.g., US dollars, euros). Volume indicates …
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URI Schemes A succinct definition of URI Schemes URI SchemesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYURI SCHEMESCopy linkShare on TwitterShare on FacebookShare on LinkedinURI SchemesIn cryptocurrency, Uniform Resource Identifier (URI) schemes are used to define a standard way of identifying and interacting with resources like cryptocurrency addresses, transactions, or payment requests. These schemes are similar to URI schemes used in web addresses but are specifically des…
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Cryptographic Hash Function A succinct definition of Cryptographic Hash Function Cryptographic Hash FunctionLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOGRAPHIC HASH FUNCTIONCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptographic Hash FunctionA cryptographic hash function is an algorithm with a repeatable sequence of specific actions. This sequence is used to transform a variable-length arbitrary data string into a fixed-length format called a hash.For …
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Froth A succinct definition of Froth FrothLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFROTHCopy linkShare on TwitterShare on FacebookShare on LinkedinFroth‘Froth’ in both cryptocurrency and traditional financial (TradFi) markets often describes a period when asset prices rise rapidly and beyond their intrinsic value, driven more by hype and speculation than by fundamental factors.During frothy periods, there may be excessive trading volumes, increased media coverage, and…
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DEX Aggregator A succinct definition of DEX Aggregator DEX AggregatorLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEX AGGREGATORCopy linkShare on TwitterShare on FacebookShare on LinkedinDEX AggregatorIn blockchain, a decentralised exchange (DEX) aggregator refers to a platform or service that simultaneously sources from multiple DEXs in order to achieve the best possible trading prices and liquidity for a trader’s transactions. DEX aggregators play a crucial role in enhanc…
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Gwei A succinct definition of Gwei GweiLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGWEICopy linkShare on TwitterShare on FacebookShare on LinkedinGweiDerived from the name of Wei Dai, a cryptography pioneer, Gwei is a denomination of Ethereum, representing a fraction of one Ether, and is used to measure the cost of transactions or smart contract execution on the Ethereum network. 1 Ether (ETH) is equal to 1,000,000,000 Gwei.Gas prices on the Ethereum network are typically de…
HODL A succinct definition of HODL HODLLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHODLCopy linkShare on TwitterShare on FacebookShare on LinkedinHODLA term that stands for ‘Hold on for dear life’, HODL means to hold onto an investment for a relatively longer period of time, even when the market dips. Typically, those in the cryptocurrency space use the term HODL when things aren’t going well with a project. However, it is also used as a way to convey to other traders …
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Cup and Handle A succinct definition of Cup and Handle Cup and HandleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCUP AND HANDLECopy linkShare on TwitterShare on FacebookShare on LinkedinCup and HandleA ‘cup and handle’ is a bullish indicator that looks like a cup with a handle on the right side when viewed on price charts. This technical indicator, where the price movement resembles a ‘cup’ followed by a downward trending price pattern known as the ‘handle’, usu…
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Seed Phrase A succinct definition of Seed Phrase Seed PhraseLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSEED PHRASECopy linkShare on TwitterShare on FacebookShare on LinkedinSeed PhraseA seed phrase, or a recovery phrase, is a series of 12 to 24 randomised words used to unlock a cryptocurrency wallet and its private keys. This string of words is typically generated by a crypto wallet’s software and derived from its private keys, serving as a master password for the digital…
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Yield Farming A succinct definition of Yield Farming Yield FarmingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYYIELD FARMINGCopy linkShare on TwitterShare on FacebookShare on LinkedinYield FarmingYield farming, also known as liquidity mining, is a technique of generating returns in the form of additional cryptocurrency. It involves locking up a certain amount of cryptocurrencies and receiving interest in proportion to the amount. Since its boom in 2020, yield farming has evol…
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