Definition of cryptocurrency in English:

cryptocurrency

noun

  • 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’
    • ‘A cryptocurrency may be hackable, but it can also be really, really, really hard to hack—harder than robbing a bank.’
    • ‘Against all wisdom, I had invested $1,000 in bitcoin, the cryptocurrency whose value had been skyrocketing since the start of the year.’
    • ‘States will undoubtedly resist the spread of cryptocurrencies.’
    • ‘What does your cryptocurrency allow people to do that they could not do otherwise, and how does it help them do existing tasks more quickly or cheaply?’
    • ‘Most successful cryptocurrencies have an active community where people devote time with no expectation of payment.’
    • ‘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.’
    • ‘The majority of cryptocurrency activity still appears to be speculative.’
    • ‘As with all cryptocurrencies, price is based on supply and demand.’
    • ‘Bitcoin was the first widely used cryptocurrency, but few people know it is not the only one.’
    • ‘Even with recent fluctuations, the total value of the cryptocurrency is still over eight billion USD.’
    • ‘A group of online entrepreneurs were planning to launch the new cryptocurrency on Thursday.’

Origin

Early 21st century: from crypto- + currency.

Pronunciation:

cryptocurrency

/ˈkrɪptəʊˌkʌr(ə)nsi/