Bitcoin is traded in a number of exchanges, and there is a large and time-varying price dispersion among them. We …. Using weekly data over the past 3 years, we find that shocks to transaction fees and bitcoin price growth explain on average … identify the sources of price dispersion using a standard time-varying vector auto-regression model with stochastic volatility …

This paper offers a plausible response to "what explains the sporadic volatility in the price of Bitcoin?" We … hypothesized that market "fundamentals" and "information demands" are key drivers of Bitcoin’s unpredictable price fluctuation. We … volatility of the price of Bitcoin responds to its transaction volume, cryptocurrency market capitalisation, world market equity …

behaviour of investors and on Bitcoin price co-movements. Further, the probability of Bitcoin exchanges shutdowns is higher in …This paper analyses the cultural drivers (tightness−looseness and individualism−collectivism) of Bitcoin prices co … assumption that investors prefer to use local or international Bitcoin exchanges accepting the local currency to trade, we find …

The wallets with the largest volume of transactions on the Bitcoin blockchain are gaming applications. We use the … historical gaming transaction data of Bitcoin holders, extracted directly from the blockchain, to measure risk-loving (lottery … in the returns to the BTC price in the first half of our sample, but this effect disappears post-2016. This date …