This paper deals with cryptocurrency bubbles. First, it points out that a number of recent papers on cryptocurrency … presence of cryptocurrency bubbles or the fundamental value of cryptocurrencies is needless. Second, the paper conducts a short … bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said …

The 2017 bubble on the cryptocurrency market recalls our memory in the dot-com bubble, during which hard … impact of investor sentiment on cryptocurrency returns is conditional on bubble regimes …

This study investigates speculative bubbles in the cryptocurrency market and factors affecting bubbles during the COVID …-19 pandemic. Our results indicate that each cryptocurrency covered in the study presented bubbles. Moreover, we found … was evident among investors; however, this diminishes during bubbles, indicating that bubbles are not explained by herd …

Cryptocurrencies provide the ideal and natural experimental setting to test the local martingale theory of bubbles …, because they have no cash flows. Using this theory, we test for the existence of price bubbles in eight cryptocurrencies from … January 1, 2019 to July 17, 2019. The cryptocurrencies are Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP …

model of asset price bubbles in continuous time and perform a simulation experiment featuring one- and two …This study presents an analysis of the impact of asset price bubbles on the markets for cryptocurrencies and con … that asset price bubbles result in materially inflated VaR measures. The implication of this finding for portfolio and risk …

The paper develops a model of bubbles that can be taken to the data and explain the behavior of asset prices and their … and evolution of investors' beliefs in the model. We fit the model to cryptocurrency markets and show that it can …

model of asset price bubbles in continuous time and perform a simulation experiment featuring one- and two …This study presents an analysis of the impact of asset price bubbles on the markets for cryptocurrencies and con … that asset price bubbles result in materially inflated VaR measures. The implication of this finding for portfolio and risk …

theory and experiment interact using the example of lending when borrowers are better informed than lenders about the quality … students’ cognitive and emotional engagement in the virtual world of the experiment facilitates comprehension and retention …

between mining pools, and second, the interdependency between the cryptocurrency price and its transactional benefits, which … is more interdependency between the cryptocurrency price and its services. Empirical evidence from Bitcoin supports our …This paper studies the asset pricing implications of mining pools' concentration. We incorporate two features specific …