cryptocurrency

noun

cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē How to pronounce cryptocurrency (audio)
-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

Examples of cryptocurrency in a Sentence

Recent Examples on the Web Online publications covering cryptocurrency quickly took note of his death. CBS News, 26 Apr. 2024 After days of tumultuous trading, the cryptocurrency finally returned to above the $65,000-level. GPUs, CPUs, and.. TPUs?! Morgan Haefner, Quartz, 22 Apr. 2024 Azzarello's manifesto took aim at Trump, President Joe Biden, cryptocurrency, and the fedeal government. USA TODAY, 19 Apr. 2024 However, in our opinion, this new option doesn’t change a thing about Bitcoin, the world’s largest cryptocurrency. Amy Wagner and Steve Hruby, The Enquirer, 17 Apr. 2024 Swindles involving cryptocurrency are a major driver behind investment fraud, said Brian Blauser, a supervisory special agent with the FBI in Colorado. Judith Kohler, The Denver Post, 16 Apr. 2024 Deposit with one of the accepted forms of cryptocurrency and get two 150% deposit match bonuses instead, each of which is worth $1,500 for a generous $3,000 bonus cash. Sponsored Content, The Mercury News, 15 Apr. 2024 The mayhem includes murder, cryptocurrency, bribery and blackmail. Sarah Lyall, New York Times, 11 Apr. 2024 At time of writing, Tether is the third largest cryptocurrency by market capitalization, with a market value of $107 billion. Vinamrata Chaturvedi, Quartz, 11 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cryptocurrency.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

crypto- + currency

First Known Use

2009, in the meaning defined above

Time Traveler
The first known use of cryptocurrency was in 2009

Dictionary Entries Near cryptocurrency

Cite this Entry

“Cryptocurrency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cryptocurrency. Accessed 1 May. 2024.

Last Updated: - Updated example sentences
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