Cryptocurrency is a digital or virtual asset secured by cryptography, making it nearly impossible to counterfeit or double-spend. These assets are typically decentralized, meaning they are not subject to government or financial institution control. Cryptocurrencies utilize blockchain technology to record transactions across a distributed ledger. They function as a medium of exchange, a store of value, or a unit of account.
Context
Cryptocurrency remains a dynamic and widely discussed topic in global finance and technology. News consistently covers its market fluctuations, regulatory developments, technological advancements, and increasing adoption by institutions and individuals. Debates continue regarding its role as a hedge against inflation, its environmental impact, and its potential to reshape traditional financial systems.
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