Crypto Terms Explained | Money Morning


As crypto technology becomes increasingly pervasive, more and more people will need a working knowledge of cryptocurrency terms.

Let’s face it: Cryptocurrency isn’t just for geeks anymore. It has absolutely gone mainstream…

A number of respected Wall Street investors, such as Paul Tudor JonesBill MillerStanley Druckenmiller, have added Bitcoin to their portfolios. Companies are adding Bitcoin to their balance sheets.

Bitcoin futures are traded on the Chicago Board Options Exchange (CBOE) as well as the Chicago Mercantile Exchange.

And blockchain technology, which underpins most cryptocurrencies, is also spreading rapidly.

Major banks like JPMorgan Chase & Co. (NYSE: JPM) and HSBC Holdings Plc. (NYSE: HSBC) – as well as big tech firms like Microsoft Corp. (NASDAQ: MSFT) and International Business Machines (NYSE: IBM) – have integrated blockchain tech into their businesses. Bank of New York Mellon Corp. (NYSE: BK