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Home / Tag Archives: Cryptocurrencies

Tag Archives: Cryptocurrencies

7/10/19: Bitcoin, ethereum and ripple: a fractal and wavelet analysis

Myself and Professor Shaen Corbet of DCU have a new article on the LSE Business Review site covering our latest published research into cryptocurrencies valuations and dynamics: https://blogs.lse.ac.uk/businessreview/2019/10/07/bitcoin-ethereum-and-ripple-a-fractal-and-wavelet-analysis/.The article profiles in non-technical terms our paper "Fractal dynamics and wavelet analysis: Deep volatility and return properties of Bitcoin, Ethereum and Ripple" currently in the process of publication...

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30/4/19: Journal of Financial Transformation paper on cryptocurrencies pricing

Our paper with O’Loughlin, Daniel and Chlebowski, Bartosz, titled "Behavioral Basis of Cryptocurrencies Markets: Examining Effects of Public Sentiment, Fear and Uncertainty on Price Formation" is out in the new edition of the Journal of Financial Transformation Volume 49, April 2019. Available at SSRN: https://ssrn.com/abstract=3328205 or https://www.capco.com/Capco-Institute/Journal-49-Alternative-Capital-Markets.

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20/11/18: Bitcoin’s Steady Loss of Fundamentals

Base rate fallacy is one of the key behavioral heuristics or biases in economics and finance, defined as a cognitive error whereby too little (or too much) weight is placed on the base (original) rate of possibility (e.g., the probability of A given B). In behavioral finance,Base rate neglect is the case of giving not enough weight to the prior/original fundamentals in analyzing a complex phenomena, focusing analyst's attention instead on more proximate/more recent trends. Put...

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15/11/18: BIS on payments systems and cryptos / blockchain

On November 1, Agustín Carstens, General Manager, Bank for International Settlements delivered a pretty punchy speech on the topic of payments systems evolution in modern age of digital technologies. Punchy, in the sense that much of it is focused on, indirectly, enlisting the evidence as to the lack of the markets for the blockchain and cryptocurrencies deployment in the payments systems at the wholesale and retail levels.Take the following:  "One of the most significant developments in...

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Bitcoin Broke Its Key Level: Here’s What Comes Next

A few weeks ago, I wrote a piece called “Why Bitcoin May Make A Powerful Move Soon.” In that piece, I gave two primary reasons why I believed that a major move was ahead: 1) because Bitcoin was forming a descending triangle pattern – and – 2) volatility had fallen to incredibly low levels, which is often what occurs before significant moves in the financial markets. On Wednesday, Bitcoin fell by nearly $1,000 or approximately 15% (at its worst levels of the day), which caused the...

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18/9/18: Extreme Concentration Risk: Bitcoin’s VUCA Bomb

I wrote before both, about the general problem of concentration risk and the specific problem of this risk (more accurately, the concentration-implied VUCA environment) in the specific asset classes and the economy. Here is another reminder of how the build up of concentration risks in the financial markets is contaminating all asset classes, including the off-the-wall crypto currencies: https://thenextweb.com/hardfork/2018/09/18/cryptocurrency-bitcoin-blockchain-wallet/. The added...

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3/9/18: Bakkt: One New Exchange, Two Old Exchanges, Same Crypto Story?

My comment on the new #cryptocurrency exchange project involving Intercontinental Exchange (ICE), the New York Stock Exchange (NYSE), Microsoft, Starbucks, and Boston Consulting Group: https://blokt.com/news/bakkts-cryptocurrency-exchange-is-coming-but-will-institutional-investors-follow. In the nutshell, hold the hype, but watch it develop...

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1/8/18: Dynamic patterns in BTCUSD pricing: is there a new down cycle afoot?

Bitcoin Cycles Analysis in one chart: As the above suggests, BTCUSD dynamics are signalling continued structural pressures on Bitcoin prices and the start of the new double-top down cycle. The Great Unknown remains with the behaviour of the buy-and-hold investors who dominate longer-term BTC markets. Increase in market breadth with arrival of more active traders from the start of 2018 has not been kind to Bitcoin. More institutional investment flowing into the cryptos market has been, on...

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