Results 21 to 30 of about 73,326 (165)
The intraday dynamics of bitcoin [PDF]
Research in International Business and Finance, 2017 Bitcoin has received much investor attention in recent years and following this, there has been an\ud explosion of academic studies examining this new financial asset. We contribute to the growing\ud literature of Bitcoin by examining the intraday variables of the leading Bitcoin exchange with the\ud highest information share over 4 years’ worth of ...
Eross, Andrea +3 more
openaire +6 more sources
On the inefficiency of Bitcoin [PDF]
Economics Letters, 2017 Abstract Urquhart (2016) investigated the market efficiency of Bitcoin by means of five different tests on Bitcoin returns. It was concluded that the Bitcoin returns do not satisfy the efficient market hypothesis. We show here that a simple power transformation of the Bitcoin returns do satisfy the hypothesis through the use of eight different tests.
Saralees Nadarajah, Jeffrey Chu
openaire +3 more sources
Bitcoin Covenants Unchained [PDF]
, 2020 Covenants are linguistic primitives that extend the Bitcoin script language, allowing transactions to constrain the scripts of the redeeming ones. Advocated as a way of improving the expressiveness of Bitcoin contracts while preserving the simplicity of the UTXO design, various forms of covenants have been proposed over the years.
Bartoletti M., Lande S., Zunino R.
openaire +4 more sources
Boom, Bust, and Bitcoin: Bitcoin-Bubbles as Innovation Accelerators [PDF]
Journal of Economic Issues, 2020 Bitcoin represents one of the most interesting technological breakthroughs and socio-economic experiments of the last decades. In this paper, we examine the role of speculative bubbles in the process of Bitcoin's technological adoption by analyzing its social dynamics. We trace Bitcoin's genesis and dissect the nature of its techno-economic innovation.
Didier Sornette, Tobias Huber
openaire +3 more sources
Bitcoin as a New Currency [PDF]
Folia Oeconomica Stetinensia, 2020 Abstract Research background: Bitcoin is the most popular financial instrument within the new cryptocurrencies class, which emerged in the wake of the financial crisis of 2007/2008. Purpose: The purpose of this paper is to provide an analysis of Bitcoin from the perspective of the ...
Janusz Brzeszczyński +2 more
openaire +4 more sources
Social signals and algorithmic trading of Bitcoin
, 2015 The availability of data on digital traces is growing to unprecedented sizes, but inferring actionable knowledge from large-scale data is far from being trivial.
Garcia, David, Schweitzer, Frank
core +1 more source
The Bitcoin price and Bitcoin price uncertainty: Evidence of Bitcoin price volatility
Journal of Futures MarketsAbstractThis study examines the Bitcoin price by taking into account global factors, including the Chicago Board Options Exchange's Market Volatility Index (VIX), the US dollar index, the gold price, the oil price, and Bitcoin price volatility. The analysis is conducted using the structural vector autoregression (SVAR) model. The variance decomposition
Nezir Köse +3 more
openaire +3 more sources
Bitcoin Currency Fluctuation [PDF]
Proceedings of the 3rd International Conference on Complexity, Future Information Systems and Risk, 2018 Predicting currency prices remains a difficult endeavour. Investors are continually seeking new ways to extract meaningful information about the future direction of price changes. Recently, cryptocurrencies have attracted huge attention due to their unique way of transferring value as well as its value as a hedge.
Kinderis, Marius +2 more
openaire +3 more sources
SSRN Electronic Journal, 2016 Bitcoin has received much attention in the media and by investors in recent years, although there remains scepticism and a lack of understanding of this cryptocurrency. We add to the literature on Bitcoin by studying the market efficiency of Bitcoin. Through a battery of robust tests, evidence reveals that returns are significantly inefficient over our
openaire +6 more sources