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Proof of reserves
Cryptocurrency proof of reserves is a mechanism used by cryptocurrency exchanges and other organizations to show that they have the assets they claim to have.
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Genesis block
A genesis block is the first block of a blockchain.
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HODL
HODL is a term that is commonly used in the world of cryptocurrency. It originated from a misspelling of the word “hold” in a Bitcoin forum, and it has since become a rallying cry for crypto enthusiasts who believe in the long-term value of their investments.
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Pump and dump
Pump and dumps can be highly profitable for the individuals or groups who coordinate them. However, they are also illegal in most jurisdictions, as they constitute market manipulation.
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Grayscale Bitcoin Trust (GBTC)
The Grayscale Bitcoin Trust is a popular investment vehicle for those looking to gain exposure to the price movement of Bitcoin without the challenges of buying and securely storing the underlying asset.
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Staking pool
A staking pool is a group of individuals who come together to pool their resources in order to have a better chance at earning rewards from staking a cryptocurrency.
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Crypto winter
Crypto winter is a term used to describe a prolonged period of downturn in the cryptocurrency market.
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Tether (USDT)
Tether, also known as USDT, is a cryptocurrency that is designed to be pegged to the value of the US dollar.
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Mining
Cryptocurrency mining is a process by which new transactions are added to the blockchain, the digital ledger that underpins most cryptocurrencies.
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Utility tokens
Utility tokens are a type of cryptocurrency that gives holders access to a specific product or service.
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