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The S&P500 or DAX30 are important benchmarks for the financial industry. The first mimics the performance of the major US on the NYSE, AMEX and NASDAQ, while the second does the same for the German Prime Share sector. These and other indices describe different compositions of certain segments of...
Persistent link: https://www.econbiz.de/10011481648
use in making payments. Public authorities and central banks around the world are closely monitoring developments in … question for public authorities such as a central bank is whether or not to issue its own digital currency that can be used by … the general public to make payments. There are several public policy arguments for a central-bank-issued digital currency …
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currency exchange. Specifically, it examines “Bitcoin,” a decentralized, partially anonymous, and largely unregulated digital … currency that has become particularly popular in the last few years. The paper argues that the International Monetary Fund, the … attack on a currency by Bitcoin users. The paper concludes by suggesting two interpretations of the Fund's incorporating …
Persistent link: https://www.econbiz.de/10013083522
This paper examines factors that influence prices of most common five cryptocurrencies such Bitcoin, Ethereum, Dash, Litecoin, and Monero over 2010-2018 using weekly data. The study employs ARDL technique and documents several findings. First, cryptomarket-related factors such as market beta,...
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a new currency that people are starting to talk about, the money of the future. Bitcoin is also just a big experiment …
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The time between order submission and order confirmation is crucial for high frequency traders as they risk slippage when latency is too high. We hypothesize that high latency in cryptocurrency markets implies correlations well below one across exchanges at high frequencies. To evaluate this...
Persistent link: https://www.econbiz.de/10012837301