This paper analyses the herding behaviour among exchanges around the expiration of bitcoin futures traded on the … exchanges that trade bitcoin (Binance, Bitfinex, Bitstamp, Coinbase, itBit, Kraken, and Gemini) and using hourly closing prices … and trading volumes in bitcoin and US dollars. Adapting the proposal of Chang, Cheng and Khorana (2000) (CCK) to test …

This study investigates the factors of Bitcoin's tail risk, quantified by Value at Risk (VaR). Extending the … conditional autoregressive VaR model proposed by Engle and Manganelli (2004), I examine 30 potential drivers of Bitcoin's 5% and 1 …% VaR. For the 5% VaR, quantity variables, such as Bitcoin trading volume and monetary policy rate, were positively …

, EURO, Japan, and the UK) and the leading cryptocurrency, the Bitcoin. Results of the static analysis show that the level …. Our static connectedness analysis shows that Bitcoin is mainly independent of shocks from the yield curve's level, slope …, and curvature, and from any main currency investigated. These findings hint that Bitcoin might provide hedging benefits …

reproducing the behavior of the Bitcoin market during the time of an alleged Bitcoin price manipulation that occurred between 2017 …. The model is validated with respect to the Bitcoin price as well as the amount of Bitcoins obtained by the fraudulent … activity. The model suggests that the presence of the fraudulent agent was essential to obtain Bitcoin price development in the …

digital currencies-Bitcoin, Ethereum, Tether, Ripple, Litecoin, Bitcoin Cash, Cardano, and Binance. We hypothesize that as the …The importance of cryptocurrency to the global economy is increasing steadily, which is evidenced by a total market … by currency and region. These findings offer novel insight into the cryptocurrency market and the impact that the viral …

Bitcoin is currently the leading global provider of cryptocurrency. Cryptocurrency allows users to safely and … dominant source of decentralized cryptocurrency. While considerable research has been done concerning Bitcoin network analysis … anonymously use the Internet to perform digital currency transfers and storage. In recent years, the Bitcoin network has attracted …

Background: Bitcoin system, when more than 51% computing power is controlled by a single node, the block chain can be … distorted maliciously. This is called 51% attack which is a well-known potential risk that could destroy the Bitcoin system …

In the FinTech era, we contribute to the literature by studying the pricing of Bitcoin options, which is timely and … important given that both Nasdaq and the CME Group have started to launch a variety of Bitcoin derivatives. We fnd pricing … errors in the presence of market smiles in Bitcoin options, especially for short-maturity ones. Long maturity options display …