How do Stablecoin Issuances affect Cryptocurrency Markets?

Stablecoins are digital currencies whose value is pegged to fiat currencies like the dollar. We analyze the influence of stablecoin issuances on the returns of major cryptocurrencies and conclude that stablecoins contribute to price discovery and market efficiency of cryptocurrencies.

Investigating the Market Reaction to Large Transactions on the Bitcoin Blockchain

A specific feature of the blockchain technology and thus also of the Bitcoin network is the underlying transparency. Each network participant can observe in virtually real time how many and what kind of transactions take place in the Bitcoin...

Key Insights of Cryptocurrency Adoption in Germany in 2019

The BRL Report “The State of Cryptocurrency Adoption: Germany Q4 2019“ provides new insights into cryptocurrencies in Germany, based on a representative online survey among more than 3,000 participants. 69% of cryptocurrency owners are male; the average owner is ten years younger, better educated, and earns €400 more per month than the average non-owner.

The Top 5 Blockchain Discourses in Business and Economics Research

Based on 9,672 citations in 467 peer-reviewed research papers, we identified the five most important discourses in business and economics research on blockchain. Here is a short description of the top five blockchain discourses in business and economics research, plus the key research papers that have shaped the first eleven years of blockchain research.

A Place Next to Satoshi: Scientific Foundations of Blockchain and Cryptocurrency in Business and Economics

The research foundations of blockchain and cryptocurrencies in business and economics are analyzed using co-citation analysis. Five strands of research are identified, reviewed and visualized, of which two are well-established and three are still emerging.

Discovering market prices: Which price formation model best predicts the next trade?

For most purposes of technical analysis, the price of the last transaction is considered representative of the market price. However, on closer examination, the question arises as to why a past event should be relevant to the future, and why other, potentially more recent information should not be used to discover a future price.