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The most comprehensive crypto glossary for Beginner level

The most comprehensive crypto glossary out there.

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Blockchain

Data records in digital form that are ever-growing. There are many blocks of data in such a list, all of which are arranged chronologically and are linked together with cryptographic proof.

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Level: Beginner

Block

Contains information about transactions in computer files. Blockchain refers to an endless chain of blocks that form a linear sequence.

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Level: Beginner

Black swan event

An event that comes as a surprise and has significant consequences. Statistician and trader Nassim Nicholas Taleb developed the Black Swan theory.

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Level: Beginner

Bitcoin Pizza

A famous story of a Florida bitcoin holder who purchased pizza with two bitcoins in 2010. This transaction is regarded as the first official use of bitcoin to purchase physical goods. Also used as an argument for HODL.

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Level: Beginner

Bitcoin Dominance

Bitcoin dominance is the ratio between bitcoin's market capitalization and that of all other cryptocurrencies, stablecoins, and tokens.

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Level: Beginner

Bitcoin ATM (BTM)

ATMs or cash points that allow you to buy and sell bitcoins. Bidirectional BATMs offer both buy and sell functionality, whereas unidirectional ATMs only offer buying options.

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Level: Beginner

Bitcoin

Digital money that runs on a distributed computer network (nodes). Bitcoin is also a phrase used to refer to a number of different things: the digital currency, decentralized public ledger, protocol, or the entire ecosystem.

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Level: Beginner

Bit

In computing, a basic unit of information. A bit represents a logical state with one of two possible values and is a contraction of the binary digit. Only 0 and 1 are valid.

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Level: Beginner

BIS (Bank for International Settlements)

A global financial institution that promotes monetary stability. Since it provides banking services to institutions like the European Central Bank and the Federal Reserve, the BIS is often called the central bank for central banks.

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Level: Beginner

Bid–ask spread

The difference between the highest price that a buyer is willing to pay and the lowest price that a seller will accept for an asset.

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Level: Beginner

Bid price

The price one is willing to pay for a security, an asset, a commodity, a service, or a contract. In the context of financial markets, it refers to the price a buyer is willing to offer for a security, commodity, or cryptocurrency.

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Level: Beginner

Beta (beta coefficient)

The beta coefficient measures a particular asset's volatility relative to the fluctuations of a market or portfolio in general. Beta can be used to evaluate the risk of an investment in correlation to a benchmark, which is usually represented by a broad market index or by a specific portfolio.

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Level: Beginner

BEP (break-even point)

The point where total costs and total revenues are equal. As such, there are no profits or losses — all expenses are paid. In more precise terms, the BEP is the amount of sales required to cover the total costs (fixed and variable).

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Level: Beginner

Benchmark

An indicator that can be used to gauge the performance of an asset or investment portfolio. Indexes are one of the important kinds of benchmark since they represent a collection of market prices or a collection of data points.

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Level: Beginner

Bearwhale

A bearwhale is a crypto rich individual who believes the crypto markets will fail or fall. Could also refer to BearWhale, a Reddit user who advocated for Bitcoin’s SegWit upgrade in 2017.

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Level: Beginner

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