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CRYPTO CURRENCY DICTIONARY

TERMS COMMONLY USED IN THE WORLD OF BLOCKCHAIN AND CRYPTOCURRENCY

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

Coinbase

Coinbase is the world's largest cryptocurrency exchange platform. Coinbase, like any other cryptocurrency exchange, enables users to purchase and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Coinbase and similar companies have been essential in introducing bitcoin investment options to new areas. Its user-friendly UI and wide range of digital currencies have helped it gain popularity among regular users. Furthermore, the platform's scale provides high levels of liquidity. However, owing to the high transaction costs and the considerably narrower selection of currencies available compared to other exchanges, it is less popular among experienced traders and bigger investors.

Other Important Terms

HealthTech

HealthTech is an abbreviation for "health technology." It refers to any health service or product that is delivered using digital technology and has been used both within and outside of the traditional healthcare environment. Common examples of health tech include wearable devices and home diagnostic equipment. Because of the broad use of health tech solutions that provide quicker and more efficient health-related outcomes, health tech has emerged as one of the fastest-growing verticals in the healthcare industry. Blockchains offer a wide range of potential applications in health tech. Blockchains, for example, enable the decentralized storage of enormous amounts of personal medical data and medical records, which may be made available to providers considerably more swiftly and securely than traditional systems.

Crypto-Index-Fund

An "index fund" is a mutual fund or exchange-traded fund that tries to replicate the returns of a market index. Index funds may strive to track market indexes such as the S&P 500 Index, and IC-15 etc.

Dapper

The Flow blockchain protocol was designed by Dapper Labs to allow the development of NFTs for NBA Top Shot, which are one-of-a-kind collectible videos that basketball fans may own.

Augmented Reality (AR)

Augmented Reality (AR) is a technologically enhanced representation of the real physical environment that is created by the use of digital visual components, music, or other sensory stimulation. It is a developing trend among organisations active in mobile computing and, in particular, commercial apps.

Falling Wedge

When the price of an asset has been declining over time, a wedge pattern may form right before the trend's last downward movement. As the price slide loses pace and buyers enter the market to halt the rate of loss, the trend lines formed above the highs and below the lows on the price chart pattern may converge. The price may break through the top trend line before the lines merge.

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