In search of cryptocurrency failure

• Main Authors: MA, Donglian, Jun TU, ZHU, Zhaobo
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Cryptocurrency; Failure risk; Risk-return tradeoff; Asset allocation; COVID19; Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7442; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8441/viewcontent/SSRN_id4164139.pdf
• Institution: Singapore Management University

This paper explores the determinants of cryptocurrency failure and the pricing of crypto failure risk. We document different significant market- and characteristic-based predictors for coin and token failures. The introduction of Bitcoin futures and the outbreak of COVID19 affect the importance of m...