there is a strong time-series momentum effect and that proxies for investor attention strongly forecast cryptocurrency …We establish that the risk-return tradeoff of cryptocurrencies (Bitcoin, Ripple, and Ethereum) is distinct from those … cryptocurrency returns can be predicted by factors which are specific to cryptocurrency markets. Specifically, we determine that …

The amount of computational power devoted to anonymous, decentralized blockchains such as Bitcoin's must simultaneously … particular, the model suggests that Bitcoin would be majority attacked if it became sufficiently economically important — e …

) and another intrinsically worthless medium of exchange, not controlled by a central bank, such as Bitcoin. Agents can … inflation target, while Bitcoin mining is decentralized via proof-of-work. We analyze Bitcoin price evolution and interaction … between the Bitcoin price and monetary policy which targets the Dollar. We obtain a fundamental pricing equation, which in its …