Glossary · from the DESK dictionary
Bitcoin
The first and largest decentralized cryptocurrency, introduced in 2009, based on blockchain technology.
In plain words
Digital money that operates without banks or central banks, based on a publicly viewable, distributed ledger.
What it means for traders
A central asset in the cryptocurrency world, now also relevant as an institutional asset class.
Common pitfalls
Extremely high volatility, regulatory uncertainty, and no deposit insurance.
Related terms
Bitcoin Mining · Blockchain · CME Bitcoin Future (BTC) · Cryptocurrency · Digital Wallet · Litecoin (LTC) · Michael Saylor
From the DESK dictionary. For information only, not investment advice.
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DESK is a research tool and not investment advice. Page generated: 2026-10-12.