noun (plural cryptocurrencies)
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank: decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation
More example sentences
- Even with recent fluctuations, the total value of the cryptocurrency is still over eight billion USD.
- As with all cryptocurrencies, price is based on supply and demand.
- If cryptocurrencies are like other speculative activities, the early players and the big players benefit to the detriment of the late entrants and the small players.
Definition of cryptocurrency in:
- The US English dictionary