#NasdaqETFUpdate Cryptocurrency is a form of digital currency that uses blockchain technology to ensure secure, decentralized transactions. Unlike traditional money, it isn’t controlled by any government or central authority. Bitcoin, launched in 2009, was the first cryptocurrency, paving the way for thousands of others like Ethereum and Solana. Crypto offers benefits such as fast transactions, lower fees, and increased privacy. However, it also faces challenges like price volatility, regulatory scrutiny, and security risks. Despite these concerns, cryptocurrencies continue to gain traction globally, with growing interest from investors, businesses, and even governments exploring central bank digital currencies (CBDCs) as the future of finance.
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