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Glossary

Earnings

A public company's reported profit for a quarter or year, published on a fixed calendar alongside revenue and outlook.

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Decentralized Exchange

A trading venue that matches swaps through smart contracts and liquidity pools, so users trade directly from their own wallets rather than depositing funds with a…

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Crypto Wallet

Software or hardware that stores the private keys controlling your coins. The coins themselves stay on the blockchain; the wallet holds the proof that they are…

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Crypto ETF

An exchange-traded fund holding cryptocurrency directly, letting investors get exposure through an ordinary brokerage account.

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Consumer Price Index

A monthly measure of what a representative basket of household goods and services costs, used as the headline inflation figure.

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Centralized Exchange

A company-run crypto exchange that holds customer funds and matches orders on its own internal order book, the way a traditional broker does.

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Smart Contract

A program stored on a blockchain that runs exactly as written when its conditions are met, with no one able to intervene once it is deployed.

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Halving

A scheduled event, roughly every four years, that cuts the Bitcoin reward paid to miners for each new block in half.

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Generative AI

AI that produces new content — text, images, audio, video, code — rather than only classifying or predicting from existing data.

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Large Language Model

A model trained on enormous amounts of text to predict what comes next, which in practice lets it answer questions, summarise, translate and write code.

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