Results 11 to 20 of about 55,395 (322)
Editorial: Understanding Cryptocurrencies [PDF]
SSRN Electronic Journal, 2020 Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering launching their own national cryptocurrency.
HARDLE, Wolfgang Karl +2 more
arxiv +8 more sources
Are cryptocurrencies homogeneous? [PDF]
European Financial Management, 2019 AbstractThis article investigates if cryptocurrencies returns' are similarly affected by a selection of demand‐ and supply‐side determinants. Homogeneity among cryptocurrencies is tested via a least absolute shrinkage and selection operator (LASSO) model where determinants of Bitcoin returns are applied to a sample of 12 cryptocurrencies.
Bengtsson, Elias, Gustafsson, Frida
openaire +2 more sources
A Statistical Analysis of Cryptocurrencies [PDF]
Journal of Risk and Financial Management, 2017 We analyze statistical properties of the largest cryptocurrencies (determined by market capitalization), of which Bitcoin is the most prominent example. We characterize their exchange rates versus the U.S. Dollar by fitting parametric distributions to them.
Joerg Osterrieder +3 more
openalex +6 more sources
Internet Policy Review, 2021 A cryptocurrency system can be understood as a system intended for the issuance of tokens which are intended to be used as a general or limited-purpose medium-of-exchange, and which are accounted for using an often collectively-maintained digital ledger making use of cryptography to replace trust in institutions to varying extents.
Pernice, Ingolf G. A., Scott, Brett
openaire +3 more sources
Cryptocurrencies for Microfinance [PDF]
BAR - Brazilian Administration Review, 2021 The objective of microfinance is to provide services to create economic support for borrowers, so they can improve their social condition through entrepreneurial activity. Notwithstanding, credit alone is not sufficient to raise an individual out of poverty.
Lucas Lopes Ferreira Souza +3 more
openaire +4 more sources
The Microeconomics of Cryptocurrencies [PDF]
Journal of Economic Literature, 2020 Since its launch in 2009 much has been written about Bitcoin, cryptocurrencies, and blockchains. While the discussions initially took place mostly on blogs and other popular media, we now are witnessing the emergence of a growing body of rigorous academic research on these topics.
Halaburda, Hanna +3 more
openaire +5 more sources
Blockchain and Cryptocurrencies [PDF]
Journal of Risk and Financial Management, 2020 Cryptocurrencies are essentially digital currencies that use blockchain technology and cryptography to facilitate secure and anonymous transactions. Many institutions and countries are starting to understand and implement the idea of cryptocurrencies in their business models.
Stephen Chan +3 more
openaire +6 more sources
Indices on Cryptocurrencies: an Evaluation [PDF]
SSRN Electronic Journal, 2021 AbstractSeveral cryptocurrency (CC) indices track the dynamics of the rising CC sector, and soon ETFs will be issued on them. We conduct a qualitative and quantitative evaluation of the currently existing CC indices. As the CC sector is not yet consolidated, index issuers face the challenge of tracking the dynamics of a fast-growing sector that is ...
Konstantin Häusler, Hongyu Xia
openaire +5 more sources
Hedging cryptocurrency options [PDF]
Review of Derivatives Research, 2021 AbstractThe cryptocurrency market is volatile, non-stationary and non-continuous. Together with liquid derivatives markets, this poses a unique opportunity to study risk management, especially the hedging of options, in a turbulent market. We study the hedge behaviour and effectiveness for the class of affine jump diffusion models and infinite activity
Jovanka Lili Matic +2 more
openaire +4 more sources
Arbitrage in the Market for Cryptocurrencies [PDF]
SSRN Electronic Journal, 2020 Recent literature has documented substantial arbitrage opportunities in markets for cryptocurrencies. Given these rather surprising findings, we re-examine the exchange rates of four cryptocurrencies on 21 exchanges with data from October 2018 to June 2019.
Crépellière, Tommy +2 more
openaire +3 more sources