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Crypto: Something BIG is Brewing in 2024 (Bitcoin, Cardano, Ethereum, \u0026 XRP News)Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system. A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant.