cryptocurrency
noun
cryp·to·cur·ren·cy
ˌkrip-tō-ˈkər-ən(t)-sē 
-ˈkə-rən(t)-sē
plural cryptocurrencies
: any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions
Virtual currency bitcoin hit the mainstream in 2014. Bitcoin ATMs started springing up all over the world … , allowing people to exchange cash for the cryptocurrency, a secure digital payment outside of conventional financial institutions.—
Brenda Poppy
Brenda PoppyExamples of cryptocurrency in a Sentence
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Trump has outlined several broad themes that could affect the business of tech, including wider leeway for the cryptocurrency industry and skepticism of the Justice Department’s antitrust case seeking a possible breakup of Google.
—David Ingram, NBC News, 6 Nov. 2024
Stocks tied to the price of the cryptocurrency got a boost.
—Tanaya MacHeel, CNBC, 5 Nov. 2024
Nowlin used the Ether cryptocurrency to buy US dollars and then transferred those funds into his bank account.
—Karen K. Ho, ARTnews.com, 5 Nov. 2024
In the scam, a third party gains a victims’ trust and, over time, convinces them to invest all of their money into cryptocurrency, which immediately disappears.
—Martha Mendoza, Fortune, 5 Nov. 2024
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David Ingram, NBC News, 6 Nov. 2024
Stocks tied to the price of the cryptocurrency got a boost.
—Tanaya MacHeel, CNBC, 5 Nov. 2024
Nowlin used the Ether cryptocurrency to buy US dollars and then transferred those funds into his bank account.
—Karen K. Ho, ARTnews.com, 5 Nov. 2024
In the scam, a third party gains a victims’ trust and, over time, convinces them to invest all of their money into cryptocurrency, which immediately disappears.
—Martha Mendoza, Fortune, 5 Nov. 2024
See all Example Sentences for cryptocurrency
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Cite this Entry
“Cryptocurrency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cryptocurrency. Accessed 22 Nov. 2024.
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