Equicorrelation of Cryptocurrency Exchange
Journal: International Journal of Science and Research (IJSR) (Vol.10, No. 11)Publication Date: 2021-11-05
Authors : Md Haris Uddin Sharif;
Page : 309-311
Keywords : Bitcoin; Return equicorrelation; Market integration; Determinants; Cryptocurrency;
Abstract
Bitcoin is one of many crypto currencies used for peer - to - peer transactions accessible to anyone with internet access. It is a decentralized digital currency not backed by any government or other legal entity, making it an attractive alternative to the traditional fiat money system. There is no doubt that crypto currencies are the future of money. However, not all crypto projects will succeed in the long run and some might even turn out to be scams. It?s a jungle out there! How do you know which crypt currency project is going to survive? Our paper can help you identify which projects have a good chance of survival by analyzing their market capitalization trends over time using equicorrelation analysis. This paper examines whether or not Bitcoin returns are dependent on common factors, investigates whether or not Bitcoin returns are i. i. d., tests the efficiency of crypt currency markets, and provides an answer to the following question: are crypto currencies efficient? We'll be looking at crypto currencies and their impact on financial markets. We'll also discuss the challenges of using crypto currencies as a predictor for later price movements and look at equicorrelation and its effect on the crypt currency market. We'll also discuss some of the challenges of using equicorrelation as a predictor for future price movements. Finally, we'll explore some potential applications for equicorrelation within the business world.
Other Latest Articles
- A Review on Leukocyte Adhesion Deficiency
- Evaluation of the Use of a Tubularized Vascularized Skin Flap from Dorsal Penile Skin with a Modification of Skin Covering for Proximal Hypospadias Cripples
- Characteristics of Neonatal Asphyxia in Perinatology Ward Sanglah General Hospital Denpasar
- Antimicrobial Activity of Laser Systems in Endodontics
- Table of Non-Linear Simultaneous Equations
Last modified: 2022-02-15 18:49:35