Coin
A digital currency that operates independently using its own underlying technology and network.
Cold Wallet
A secure offline wallet used to store cryptocurrencies, offering enhanced security compared to online hot wallets.
Cold Storage
Cold storage, in the cryptocurrency sphere, refers to the practice of storing digital assets offline, making them inaccessible to anyone on the internet.
Change Address
Change addresses are created in hierarchical deterministic wallets to store the remaining balance when users spend less than the full input, allowing for an unlimited number of addresses.
Blockchain
Blockchain is a digital ledger that records all transactions of a specific cryptocurrency in a decentralized and distributed manner.
Bear Trap
Temporary decline in the price of a cryptocurrency that tricks investors into believing the price will continue to drop, only for the price to sharply rise afterwards, catching the “bears” off guard.
Bull Market
Market condition in which the prices of most (or all) assets are experiencing upward trends.
BIP
Bitcoin Improvement Protocol. Refers to proposals for introducing new features or making enhancements to the Bitcoin network.
Bitcoin Network
Pioneering peer-to-peer protocol that facilitates secure storage and transfer of wealth through blockchain technology.
BTC
Bitcoin’s ticker symbol.