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ERC-884 A succinct definition of ERC-884 ERC-884Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-884Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-884Short for Ethereum Request for Comment, ERC provides application-level standards for the Ethereum blockchain. ERC-884 allows companies specifically registered in Delaware, which can conduct business in any state, to utilise blockchain technology. This enables them to create ERC-20 tokens, which can represent a nu…
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Technical Analysis A succinct definition of Technical Analysis Technical AnalysisLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTECHNICAL ANALYSISCopy linkShare on TwitterShare on FacebookShare on LinkedinTechnical AnalysisTechnical analysis for cryptocurrency trading is a method to evaluate and predict future price movements of cryptocurrencies based on historical price data and trading volume. This approach relies on the idea that historical price movements tend to repeat the…
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Mint A succinct definition of Mint MintLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINTCopy linkShare on TwitterShare on FacebookShare on LinkedinMintIn blockchain and cryptocurrency, ‘minting’ refers to the process of creating new coins or tokens. Minting is also used in creating non-fungible tokens (NFTs) or other types of tokens. When someone mints an NFT, they are essentially creating a new, unique digital asset on the blockchain.Although it is often associated wit…
Dead Cat Bounce A succinct definition of Dead Cat Bounce Dead Cat BounceLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEAD CAT BOUNCECopy linkShare on TwitterShare on FacebookShare on LinkedinDead Cat BounceA dead cat bounce is a market trend where an asset with a falling price may have a slight recovery for a brief period of time before continuing to drop. It usually occurs during bear markets when asset prices are in free fall. However, it can also happen outside bear market…
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Deflation A succinct definition of Deflation DeflationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEFLATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinDeflationDeflation is a decline in prices of goods and services, usually accompanied by the contraction of monetary and credit supply. However, this is not always the case. For example, electronics get cheaper over time because of advancements in technology, productivity, and automation rather than as a result o…
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Average Price (7D) A succinct definition of Average Price (7D) Average Price (7D)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAVERAGE PRICE (7D)Copy linkShare on TwitterShare on FacebookShare on LinkedinAverage Price (7D)Average Price (7D) shows the average price paid for the top 25 non-fungible token (NFT) collections in a previous 7-day (7D) period. It is calculated by dividing NFT Sales Volume Index (7D) by the number of editions sold over that seven-day period. Average P…
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Cryptocurrency Exchange A succinct definition of Cryptocurrency Exchange Cryptocurrency ExchangeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOCURRENCY EXCHANGECopy linkShare on TwitterShare on FacebookShare on LinkedinCryptocurrency ExchangeCryptocurrency exchanges are online platforms or intermediaries used to trade digital assets. In comparison with traditional exchanges, which are centralised entities, cryptocurrency exchanges can either be a centralised exchange (CEX…
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Proof of Stake (PoS) A succinct definition of Proof of Stake (PoS) Proof of Stake (PoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF STAKE (POS)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Stake (PoS)In a Proof of Stake (PoS) system, validators are required to pledge a ‘stake’ of digital currency for the chance to be randomly chosen to validate transactions. They are selected based on the number of tokens they hold, a process not unlike a lo…
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Volume (7D) A succinct definition of Volume (7D) Volume (7D)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVOLUME (7D)Copy linkShare on TwitterShare on FacebookShare on LinkedinVolume (7D)Volume is the amount of money flowing in and out of a particular cryptocurrency asset for a given period of time — in this case, seven days. Closely related to liquidity, volume shows the total amount being traded, while Volume (7D) is a metric and tool that indicates to potential traders ho…
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Orphan Block A succinct definition of Orphan Block Orphan BlockLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORPHAN BLOCKCopy linkShare on TwitterShare on FacebookShare on LinkedinOrphan BlockIn blockchain technology, an orphan block (or stale block) refers to a block that was successfully mined and broadcast to the network but ultimately rejected because another block with the same block height had been added to the blockchain prior to the network confirming the orphan block.…
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