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, cryptocurrencies have been increasingly utilised for international transactions, and it is possible that the use of these … cryptocurrencies might expand in the future. This paper therefore examines the potential role of digital currency balances as part of …
Persistent link: https://www.econbiz.de/10011450546
Bitcoin, as the first decentralized cryptocurrency, pioneers the cryptocurrency markets, both in terms of market … capitalization and scientific interest. In this paper, we performed a comprehensive bibliometric study of the Bitcoin … main research areas, types of published documents, most important platforms and sources of Bitcoin publications, highly …
Persistent link: https://www.econbiz.de/10012628394
This paper examines the steady state properties of the Threshold Vector Autoregressive model. Assuming that the trigger variable is exogenous and the regime process follows a Bernoulli distribution, necessary and sufficient conditions for the existence of stationary distribution are derived. A...
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We explore the taxonomy of cryptocurrencies and integrate our analysis with traditional ways of understanding financial … assets. We thus classify cryptocurrencies using the time series and distributional properties of returns. Cryptocurrencies …
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After more than a decade of existence, crypto-currencies may now be considered an important class of assets presenting … comprehensive statistical analysis of the six most important crypto-currencies from the period 2015-2020. Using daily data we (1 … crypto-coins´ price trajectories do not contain speculative bubbles and that they move together maintaining the long run …
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the hedge attributes of cryptocurrencies remaining in force during the downside trends observed in bearish fnancial … turmoil, cryptocurrencies amplify downside risks rather than serve as diversifers. In addition to risky assets from … conventional fnancial markets, cryptocurrencies champion the transmission of spillovers to digital and conventional markets. In …
Persistent link: https://www.econbiz.de/10014548107
This study uses high-frequency (1-min) price data to examine the connectedness among the leading cryptocurrencies (i ….e. Bitcoin, Ethereum, Binance, Cardano, Litecoin, and Ripple) at volatility and high-order (third and fourth orders in this paper … exception, the Russia-Ukraine War did not increase the total connectedness among cryptocurrencies. Analysis of third- and fourth …
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