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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Banks consider issuing their own cryptocurrency Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, a type of cryptocurrency, The Wall Street Journal reported on May 22. John Bacon, USA Today, 26 May 2025 Thursday night, for example, Trump hosted a dinner at his D.C.-area golf club for top investors in his meme coin, a group who have collectively thrown hundreds of millions of dollars at his cryptocurrency. Zach Everson, Forbes.com, 23 May 2025 Trump is scheduled to preside over a dinner at his property outside Washington, D.C., on Thursday that will convene the top recent holders of his $TRUMP coin cryptocurrency. Rob Wile, NBC news, 22 May 2025 The price of the flagship cryptocurrency was last higher by more than 2% at $111,046.88, according to Coin Metrics. Tanaya MacHeel,arjun Kharpal, CNBC, 22 May 2025 See All Example Sentences for cryptocurrency

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

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Cite this Entry

“Cryptocurrency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cryptocurrency. Accessed 1 Jun. 2025.

Kids Definition

cryptocurrency

noun
cryp·​to·​cur·​ren·​cy
ˌkrip-tō-ˈkər-ən(t)-sē,
-ˈkə-rən(t)-sē
: any form of currency that only exists digitally, that usually uses a decentralized system for issuing new units and reording transactions, and that relies on cryptography to prevent fraudulent transactions
Last Updated: - Updated example sentences
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