DAREC Library Media
An original research of Duke University's DAREC (Digital Asset Research & Engineering Collaborative) published on Physica A: Statistical Mechanics and its Applications
Assessing the resiliency of investors against cryptocurrency market crashes through the leverage effect
By analyzing a large cross-section of cryptocurrencies, we document the absence of the leverage effect in this market.
The article compares the present cryptocurrency phenomenon to the dotcom bubble of the late 1990s, and suggests that apparent parallels between the two may be exaggerated.
The first in a series of DAREC articles on Bitcoin ETFs, analyzing the problem of measuring performance of this new class of financial product and giving exposure to the world's most famous and capitalized cryptocurrency.