Crypto Terms:
Letter M
What is Moon?
Meaning:
Moon -
crypto slang used to describe the continuous upward movement of a cryptocurrency’s price.
Let's find out Moon meaning, definition in crypto, what is Moon, and all other detailed facts.
Moon is a slang term commonly used in crypto community spaces. It describes a steady, continuous upward movement of the price of a cryptocurrency asset. The term is predominantly used by bullish investors with an optimistic market outlook.
The phrase “going to the moon” means that an asset is experiencing or is about to experience a significant price increase. On various social media platforms, the term may be used alongside a combination of space-themed emojis, like rocket ships and the moon.
The term may also be used as the verb “mooning” to describe the same market sentiments.
The exact origin of the term is unknown. However, it is believed that “moon” as a slang first emerged around 2017, when the price of Bitcoin (BTC) exceeded $20,000 for the first time.
cryptocurrencies/strong>/a> on a regular basis is perceived as a money transmitter. That’s the case because cryptocurrencies are classified as a commodity under federal law in the U.S. and it falls under the jurisdiction of the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-financial-crime-enforcement-network-fincen/">Financial Crimes Enforcement Network (FinCEN)<\/strong><\/a>.<\/p>\n<p>FinCEN confirmed that virtual currency and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat money<\/strong><\/strong><\/a> are subject to the same money transmission legislation in a guidance document published in 2013, titled <a href=https://www.bitdegree.org/"https:////www.fincen.gov//resources//statutes-regulations//guidance//application-fincens-regulations-persons-administering/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong><em>Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies<\/em><\/strong><\/a>.<\/p>\n<p>A money transmitter, according to FinCEN, is someone who provides money transmission services or participates in money transfers. Therefore, money transmitters include all <strong>companies that take cryptocurrencies from clients<\/strong> on behalf of merchants or exchange virtual currencies for fiat money.<\/p>\n<p>Note that the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-banking-secrecy-act-bsa/">Bank Secrecy Act (BSA)<\/strong><\/a> applies to all crypto-related businesses, which means that they must seek a license in each state where they operate <em>(except if they are in the northwestern state of Montana)<\/em>. <strong>Payment processors<\/strong>, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">cryptocurrency exchanges<\/strong><\/a>, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bitcoin-atm-btm/">Bitcoin ATMs<\/strong><\/a>, and some <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">cryptocurrency wallet<\/strong><\/a> providers are among the organizations that are subject to these legal obligations.<\/p>","definition":"a company that provides money transfer services.","status":"published","meta_title":"What is Money Transmitter? Definition & Meaning | Crypto Wiki","meta_description":"Money Transmitter meaning: Money Transmitter - a company that provides money transfer services.","meta_keywords":null}"
:model="{"id":555,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Slang","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-10-04T13:21:17.000000Z","slug":"what-is-moon","title":"What is Moon?","section":"M","keyword":"Moon","content":"<p><strong>Moon<\/strong> is a slang term commonly used in crypto community spaces. It describes a <strong>steady, continuous upward movement of the price of a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency/a> asset<\/strong>. The term is predominantly used by <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bull/">bullish/a> investors<\/strong> with an optimistic market outlook.<\/p>\n<p>The phrase “<strong>going to the moon<\/strong>” means that an asset is experiencing or is about to experience a <strong>significant price increase<\/strong>. On various social media platforms, the term may be used alongside a combination of space-themed emojis, like rocket ships and the moon.<\/p>\n<p>The term may also be used as the verb “<strong>mooning<\/strong>” to describe the same market sentiments.<\/p>\n<p>The exact origin of the term is unknown. However, it is believed that “moon” as a slang first emerged around 2017, when the price of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> exceeded $20,000 for the first time.<\/p>","definition":"crypto slang used to describe the continuous upward movement of a cryptocurrency\u2019s price.","status":"published","meta_title":"What is Moon? Definition & Meaning | Crypto Wiki","meta_description":"Moon meaning: Moon - crypto slang used to describe the continuous upward movement of a cryptocurrency\u2019s price.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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current-chapter="M"
current-section="what-is-moon">