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.
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...
In the research article, effects of 327 exchange listings of 180 different cryptocurrencies on 22 exchanges are examined. On the one hand, a general overview of the phenomenon is provided and on the other hand, signs of informed trading are identified.
Blockchain Research Lab A survey among 3,864 respondents that is representative of the adult Internet population in Germany allows deep and reliable insights into the adoption and usage of cryptocurrencies. 87% of the population know about cryptocurrencies. 18% of all adult Internet users in Germany either [...]