CryptoURANUS Economics

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Thursday, May 6, 2021

Run: Defined in CryptoCurrency

Run: Defined in CryptoCurrency


A run is a continued change of prices, either or up or down, for any type of asset. 


You may hear the phrase “bull run” which is an upward price trend or “bear run” which is a downward price trend.

Roadmap: Defined in CryptoCurrency

Roadmap: Defined in CryptoCurrency


A roadmap is a plan with estimated completion dates that show what an organization wants to achieve in the long term.


Looking at a roadmap gives you an understanding of what the organization wants to provide to its customers and what it wants to become.

Return on Investment [ROI]: Defined in CryptoCurrency

Return on Investment [ROI]: Defined in CryptoCurrency


Return on Investment or ROI is a percentage used to measure how profitable an investment is. ROI measures the profit on an investment in relation to the amount put in.

Resistance & Support Levels: Defined in CryptoCurrency

Resistance & Support Levels: Defined in CryptoCurrency


Resistance and support levels are defined as price points or ranges of an asset (stock, crypto, etc.) that are rarely passed over (resistance) or under (support).



A resistance level is a value that you can expect a cryptocurrency to stay above. A support level is a value that you can expect a cryptocurrency to stay below. Both levels can be found by looking at a price chart.


Both resistance and support levels often happen at or near even numbers like: $10, $50, $1,000, but it can happen at any price.

Resistance and support levels often occur because of supply and demand. A resistance level means that at that range, demand from buyers became weaker and/or the supply from sellers increased. A support level means that demand from buyers grew stronger and/or the supply from sellers weakened.

Remittance: Defined in CryptoCurrency

Remittance: Defined in CryptoCurrency


Remittance is defined as an amount of money sent to pay for something.

There is a lot of money to be made from sending money from one person or organization to another, especially global money transfer. Currently, many people are involved in an international money transfer. 


Cryptocurrencies aim to remove those people and organizations like banks from the remittance process reducing costs and transfer tim

Rekt: Defined in CryptoCurrency

Rekt: Defined in CryptoCurrency


Rekt is defined as completely destroyed and ruined. It is a misspelling of “wrecked”.



Rekt is an online gaming phrase which meant someone was severely beaten by an opponent. In cryptocurrency, rekt is typically used when a person loses a lot of money.

Regulation: Defined in CryptoCurrency

Regulation: Defined in CryptoCurrency




Regulation is defined as rules and laws set up by the government to control an activity and enforce it with penalties.


When speaking about regulation around crypto, it usually means users must first provide information, meet the financial requirements and get some form a license before they can participate.