traded cryptocurrencies are the main significant covariates across different model specifications. Both in-sample and out …

Purpose - It is crucial to find a better portfolio optimization strategy, considering the cryptocurrencies' asymmetric … windows method. The sample consisted of ten significant cryptocurrencies. Findings - Dynamic optimization enhanced risk … - Sophisticated investors may use the dynamic ERC and MDP to optimize cryptocurrencies portfolio. Originality/value - To the best of …

of the four main cryptocurrencies in terms of market capitalization (BTC, ETH, USDT, BNB) and of four US stock market … market efficiency in the case of the cryptocurrencies but not of the stock market indices considered. They also indicate that … cryptocurrencies can be a useful tool for investors to diversify and hedge when required in the case of the US markets. …

We study the efficiency of cryptocurrencies by measuring the price's reaction time to unexpected relevant information … cryptocurrencies we find delays to be highly correlated with liquidity …

statistically significant adverse selection costs for major cryptocurrencies. Our results also suggest that adverse selection costs …

interaction with other disciplines. Financial physics, also known as Econophysics, has brought new statistical methods and …

profit from extrapolating the price trends, tech-savvy investors trade based on the prospective value of Bitcoin, which is a … function of factors that capture the market demand and technical supply of Bitcoin. Estimating the structural model, we find … the coexistence of speculators and tech-savvy investors in the Bitcoin market. We further show that, regardless of the …

This study examines whether Bitcoin, a digital decentralized currency, can become a viable alternative to fiat … currencies. Bitcoin currently does not fulfill the criteria of being a currency because it does not function as a medium of … exchange, a unit of account, and a store of value. Bitcoin's biggest obstacle from fulfilling these functions is the price …