Bloodbath
By Cryptomcmillan1 | Updated on May 24, 2020
In context of trading, the term bloodbath is commonly used to describe a market which is on a downtrend with many assets suffering from value depreciation. It is likely created from the term "blood in the streets" used to depict a bearish market sentiment.
Related Terms
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
Transactions Per Second (TPS)
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
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