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Glossary Finance & Markets

Bear market

A fall of 20% or more from a recent peak, held long enough to look like a trend rather than a dip.

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Bill

A proposed law, still going through the legislature. It is not law until it has passed…

Spot ETF

An exchange-traded fund that holds the asset itself rather than futures contracts on it. A spot…

Large language model

A model trained on vast amounts of text to predict what comes next, which turns out…

Wallet

Software or hardware that stores the private keys controlling your crypto. The coins live on the…

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