bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said … to exhibit features of bubbles, the same applies to cryptocurrencies. Thus, any empirical investigation into either the … presence of cryptocurrency bubbles or the fundamental value of cryptocurrencies is needless. Second, the paper conducts a short …

Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations …, transaction volumes and user bases react substantially to news about regulatory actions. The impact depends on the specific … regulatory category to which the news relates: events related to general bans on cryptocurrencies or to their treatment under …

cryptocurrency investors tend to be educated, young and digital natives. In recent years, a gap in ownership of cryptocurrencies … across genders has emerged. We examine how investor characteristics vary across cryptocurrencies and show that owners of … cryptocurrencies increasingly tend to hold their investment for longer periods. …

Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors … use of crypto exchange apps at daily frequency for 95 countries over 2015–22. We show that a rising Bitcoin price is … the envelope calculations suggest that around three-quarters of users have lost money on their Bitcoin investments. …

The phenomenal growth of cryptocurrencies raises important questions about their footprint on the financial system …

Since its launch in 2009 much has been written about Bitcoin, cryptocurrencies and blockchains. While the discussions … including macroeconomics, law and economics and computer science. This survey focuses on the microeconomics of cryptocurrencies …