The Words of Crypto

24H Change refers to the percentage change in the price of a cryptocurrency over the last 24 hours. It is a key metric for assessing market performance.In the crypto world, 24H Change helps traders gauge volatility and market sentiment. A significant change can indicate bullish or bearish trends, influencing trading decisions. 

A 51% Attack happens when an entity controls over half of a blockchain’s mining power, enabling it to manipulate transactions and compromise network integrity.

7D refers to the price change of a cryptocurrency over the past seven days, often expressed as a percentage. 7D provides insights into medium-term trends and helps investors assess performance beyond daily fluctuations.

ADGM stands for Abu Dhabi Global Market, an international financial center located in Abu Dhabi that fosters business growth and innovation.

Anti-Money Laundering (AML) refers to a set of laws, regulations, and procedures aimed at preventing the illegal generation of income through criminal activities. I

An AMM (Automated Market Maker) is a type of decentralized exchange (DEX) protocol that uses algorithms to facilitate the trading of cryptocurrencies.

An Application Programming Interface (API) is a set of protocols and tools that allow different software applications to communicate with each other. In cryptocurrency, APIs enable developers to integrate functionalities from exchanges or blockchain networks into their applications, allowing for automated trading, data retrieval, and other operations.

API keys are unique identifiers used to authenticate requests made to an Application Programming Interface (API). API keys enable developers to access various services, such as market data or trading functionalities, provided by exchanges or blockchain networks. T

Annual Percentage Yield (APY) represents the total interest earned on an investment over one year, taking into account compound interest.

Annual Percentage Yield (APY) represents the total interest earned on an investment over one year, taking into account compound interest. In cryptocurrency platforms offering yield farming or interest-bearing accounts, APY helps investors understand potential returns on their digital assets.

ATH stands for All-Time High, a term commonly used in the cryptocurrency and financial markets. It refers to the highest price ever reached by a particular asset, such as a cryptocurrency, stock, or other financial instruments.

Assets Under Management (AUM) refers to the total market value of assets that an investment firm manages on behalf of its clients. AUM is an important metric used in both traditional finance and cryptocurrency markets.

An address is a unique identifier used to send and receive cryptocurrencies.

An airdrop is a strategic marketing method used in the cryptocurrency space to distribute free tokens or coins to holders of an existing cryptocurrency. This distribution often occurs as part of promotional campaigns aimed at increasing awareness and encouraging the adoption of new projects. 

An algorithm is a set of rules or calculations computers use to solve problems or perform tasks efficiently.

Altcoins, short for "alternative coins," refer to any cryptocurrency that is not Bitcoin. Since Bitcoin's inception in 2009, thousands of altcoins have emerged, each designed to address specific use cases or improve upon the limitations of Bitcoin. These include well-known cryptocurrencies like Ethereum, Ripple (XRP), Litecoin, and numerous lesser-known tokens.

Arbitrage refers to the practice of taking advantage of price differences for the same asset across different markets. In cryptocurrency trading, arbitrage opportunities arise when a digital asset is priced lower on one exchange compared to another.

The ask price is the lowest price at which a seller is willing to sell an asset in a financial market. In cryptocurrency trading, it indicates how much buyers must pay to acquire a digital asset from sellers.

Asset management involves managing investments on behalf of clients to maximize returns while minimizing risks. Asset management has gained prominence as more investors seek professional guidance in navigating this volatile market.

BEP-20 is a token standard on the Binance Smart Chain (BSC) that defines how tokens should be created and managed. It sets rules for how these tokens are transferred, interacted with, and used in different applications.

BTC ATH stands for "Bitcoin All-Time High," which refers to the highest price ever reached by Bitcoin in its trading history.

BUIDL is a deliberate misspelling of the word "build." It originated as a meme in the cryptocurrency community, emphasizing the importance of actively developing projects and contributing to the crypto ecosystem, rather than just speculating on price movements.

A Bitcoin correction refers to a short-term decline in the price of Bitcoin following a significant upward trend.

"Bitcoin Moon" refers to a significant and rapid increase in the price of Bitcoin. When people say "Bitcoin is going to the moon," they mean they expect its value to rise sharply, often to unprecedented levels.

CEX stands for Centralized Exchange, a platform where users can trade cryptocurrencies via a third-party organization that controls the platform. These exchanges are governed by a central authority that manages the transaction processes and holds users' assets in custody.

Cross-chain refers to the ability to transfer data and assets between different blockchain networks. It allows for interaction and interoperability among diverse blockchain systems.

DYOR, or "Do Your Own Research," is essential in crypto to ensure you understand what you're investing in and avoid scams.

A DeFi Aggregator is a platform that combines different decentralized finance (DeFi) services in one place. It allows users to access various protocols for lending, borrowing, yield farming, or token swapping. This makes it easier to find the best rates without switching between platforms.

"Degen" is short for "degenerate" and is often used to describe someone who takes high risks, especially in investing or gambling. Originally used in gambling communities, it has been adopted by crypto enthusiasts to refer to those who engage in reckless or speculative investments.

EIP 4844 introduces "Shard Blob Transactions" to enhance Ethereum's scalability by efficiently handling larger data volumes as part of Ethereum 2.0.

Emotionless trading is about making logical decisions in trading, avoiding the influence of emotions like fear and greed to maintain consistency and discipline.

FUD stands for Fear, Uncertainty, and Doubt. It's a strategy used to influence public perception by spreading negative, misleading, or vague information, usually with the intent of causing fear or uncertainty.

"Fren" is a casual term for "friend," often used in crypto communities to express camaraderie and build connections among members.

A governance token is a type of cryptocurrency that gives holders the right to participate in the decision-making processes of a blockchain project or decentralized application (dApp). This typically includes voting on proposals, changes, and upgrades to the protocol.

Gwei is a unit of measurement used on the Ethereum network to calculate gas fees, directly impacting the cost and speed of transactions.

"Hodlers" are cryptocurrency investors who adopt a long-term holding strategy, often regardless of market volatility or short-term price movements.

An Initial Dex Offering (IDO) is a decentralized method for launching and distributing cryptocurrency tokens through a DEX, offering transparent and accessible fundraising.

Impermanent loss occurs when the value of assets you’ve deposited in a liquidity pool changes compared to holding the assets in a personal wallet. This change can lead to a lower dollar value when you withdraw your assets, even if the number of tokens remains the same.

MCAP stands for Market Capitalization or Market Cap, a fundamental metric used to determine the total value of a company, asset, or cryptocurrency in the market. Market Capitalization is calculated by multiplying the current price of the asset by its total circulating supply.

A mainnet is the main network where a blockchain protocol runs its live and actual transactions. It is the complete and fully developed version of a blockchain project, as opposed to a testnet or any other testing environment.

Max supply refers to the total number of tokens or coins that will ever exist for a particular cryptocurrency. This figure is usually set by the protocol's creators and can impact the asset's value over time.

A mempool, short for "memory pool," is an important component of a blockchain network where unconfirmed transactions are temporarily stored. When a user initiates a transaction, it enters the mempool, waiting for miners to include it in a block and confirm it.

NGMI stands for "Not Gonna Make It". It’s a slang term used online to express doubt that someone will succeed in their efforts or goals. When people use NGMI, they’re basically saying they don’t think the person will reach their intended outcome. It’s often used to convey a sense of frustration or skepticism about someone's chances.

"On-chain" refers to data that is recorded directly on a blockchain. This includes all transactions, smart contracts, and other activities that occur within the blockchain network.

"Paper hands" is a colloquial term used in the cryptocurrency community to describe investors who sell their holdings at the first sign of trouble or price fluctuations.

A private key is a secret alphanumeric string used in cryptography that allows individuals access to their cryptocurrency holdings stored in wallets. It acts like a password, whoever possesses it has full control over associated funds.

A public key is an alphanumeric string derived from a private key through cryptographic algorithms. It serves as an address where others can send cryptocurrencies but does not provide access without the corresponding private key.

A "Rug Pull" is a crypto scam where developers abruptly withdraw all funds from a project, leaving investors with worthless tokens.

Satoshi refers both to a unit of measurement in Bitcoin equivalent to one hundred millionth of a Bitcoin (0.00000001 BTC) and as an homage to Bitcoin's pseudonymous creator, Satoshi Nakamoto.

"Shilling crypto" refers to promoting a cryptocurrency or token, often intending to increase its value or popularity. This can be done through various channels, including social media, forums, and personal networks.

A soft cap is the minimum amount of funds a project aims to raise during a token sale or Initial Coin Offering (ICO) to continue development. It acts as a financial safety net for projects, ensuring they have enough resources to proceed.

A Token Generation Event (TGE) is the creation and distribution of a new cryptocurrency, marking its official launch and availability for trading.

TVL (Total Value Locked) measures the value of assets in a DeFi protocol, reflecting its popularity, trust, and liquidity in the decentralized finance space.

A TXID, or Transaction ID, is a unique identifier assigned to each transaction on a blockchain. It serves as a digital fingerprint, allowing users to track and verify specific transactions within the network.

Tendermint is a blockchain tool that enables fast, secure transactions by combining a consensus algorithm with a modular framework, ensuring network reliability.

TradFi, short for "Traditional Finance," includes the financial systems we've known for ages - banks, stock exchanges, and other familiar institutions. These entities rely on well-established procedures and regulations to manage everything from savings and loans to investments.

A UTXO (Unspent Transaction Output) is a crucial component in Bitcoin that represents unspent cryptocurrency, essential for tracking ownership and facilitating transactions on the blockchain.

Web 1.0 refers to the early stage of the internet characterized by static web pages where users primarily consumed content without much interactivity or engagement.

Web 2.0 marks an evolution characterized by increased interactivity and user-generated content through social media platforms, blogs, wikis, and collaborative tools.

Web 3.0 represents the next generation of internet technology focused on decentralization, blockchain integration, and user empowerment through ownership of data and digital assets.

Weekly crypto or 1W refers to a regular summary or report that highlights significant developments, trends, and price movements in the cryptocurrency market over the past week.