Equilibrium bitcoin pricing
We offer a general equilibrium analysis of cryptocurrency pricing. The fundamental value of
the cryptocurrency is its stream of net transactional benefits, which depend on its future …
the cryptocurrency is its stream of net transactional benefits, which depend on its future …
Cue the volatility spillover in the cryptocurrency markets during the COVID-19 pandemic: evidence from DCC-GARCH and wavelet analysis
O Özdemir - Financial Innovation, 2022 - Springer
This study investigates the dynamic mechanism of financial markets on volatility spillovers
across eight major cryptocurrency returns, namely Bitcoin, Ethereum, Stellar, Ripple, Tether …
across eight major cryptocurrency returns, namely Bitcoin, Ethereum, Stellar, Ripple, Tether …
Fintech: the impact on consumers and regulatory responses
J Jagtiani, K John - Journal of Economics and Business, 2018 - Elsevier
Advanced technology, Big data, and complex AI/ML algorithms have provided benefits to
both consumers and lenders. Fintech has a potential to disrupt and to create new types of …
both consumers and lenders. Fintech has a potential to disrupt and to create new types of …
Decentralizing money: Bitcoin prices and blockchain security
ES Pagnotta - The Review of Financial Studies, 2022 - academic.oup.com
We address the determination of bitcoin prices and decentralized security. Users forecast
the transactional and resale values of holdings, pricing the risk of systemic attacks. Miners …
the transactional and resale values of holdings, pricing the risk of systemic attacks. Miners …
Beyond the doomsday economics of'proof-of-work'in cryptocurrencies
R Auer - 2019 - papers.ssrn.com
This paper discusses the economics of how Bitcoin achieves data immutability, and thus
payment finality, via costly computations, ie" proof-of-work". Further, it explores what the …
payment finality, via costly computations, ie" proof-of-work". Further, it explores what the …
Cryptocurrency liquidity during extreme price movements: is there a problem with virtual money?
V Manahov - Commodities, 2022 - taylorfrancis.com
The enormous rise of the cryptocurrencies over the last few years has created one of the
largest unregulated markets in the world. In this study, we obtain millisecond data for the five …
largest unregulated markets in the world. In this study, we obtain millisecond data for the five …
The lightning network: Turning bitcoin into money
A Divakaruni, P Zimmerman - Finance Research Letters, 2023 - Elsevier
Abstract The Lightning Network (LN) is a means of netting Bitcoin payments outside the
blockchain. We find a significant association between LN adoption and reduced blockchain …
blockchain. We find a significant association between LN adoption and reduced blockchain …
Bubbles across meme stocks and cryptocurrencies
This study examines the price explosiveness of stocks whose purchase Robinhood
restricted during the GameStop episode. We find that those “meme stocks” comprise multiple …
restricted during the GameStop episode. We find that those “meme stocks” comprise multiple …
Why fixed costs matter for proof-of-work–based cryptocurrencies
RJ Garratt, MRC van Oordt - Management Science, 2023 - pubsonline.informs.org
We assess how the cost structure of cryptocurrency mining affects the response of miners to
exchange rate fluctuations and the immutability of cryptocurrency ledgers that rely on proof …
exchange rate fluctuations and the immutability of cryptocurrency ledgers that rely on proof …
Blockchain and Cryptocurrency: A Bibliometric Analysis
Blockchain is a technology that collects data in a blockchain and allows transactions
securely and transparently. It is used in many fields. Bibliometric publications examining …
securely and transparently. It is used in many fields. Bibliometric publications examining …