This study discovers a statistically and economically significant intraday anomaly on Bitcoin markets. Positive returns of 0.58 bps per minute are disproportionately concentrated at the turn of 15-minute candles (in minutes 0, 15, 30, and 45 of each trading hour). Average returns in other...

This study discovers a statistically and economically significant intraday anomaly on Bitcoin markets. Positive returns of 0.58 bps per minute are disproportionately concentrated at the turn of 15-minute candles (in minutes 0, 15, 30, and 45 of each trading hour). Average returns in other...

In this paper, we study the relationship between attention to cryptocurrency and investor reactions to earnings news. In recent years, the capital market witnessed cryptocurrency mania. Because investors have limited attention, we hypothesize that attention to cryptocurrency distracts investor...

This paper examines price overreactions in the case of the following cryptocurrencies: BitCoin, LiteCoin, Ripple and Dash. A number of parametric (t-test, ANOVA, regression analysis with dummy variables) and non-parametric (Mann–Whitney U test) tests confirm the presence of price patterns...

This paper examines price overreactions in the case of the following cryptocurrencies: BitCoin, LiteCoin, Ripple and Dash. A number of parametric (t-test, ANOVA, regression analysis with dummy variables) and non-parametric (Mann-Whitney U test) tests confirm the presence of price patterns after...